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Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2017
Retirement Benefits, Description [Abstract]  
Summary of changes in benefit obligations, plan assets and funded status for the post employment plans
The following table sets forth the changes in benefit obligations and plan assets during the year and the funded status for the post-employment plans at June 30:
 
Pension Benefits
 
Retiree Health Care Benefits
 
2017

 
2016

 
2017

 
2016

Change in benefit obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of the year
$
26,605

 
$
29,994

 
$
2,235

 
$
2,144

Service cost
126

 
91

 
29

 
22

Interest cost
687

 
879

 
63

 
75

Plan participants’ contributions

 

 
69

 
60

Benefits paid
(1,562
)
 
(5,555
)
 
(237
)
 
(229
)
Amendments

 

 
(245
)
 

Actuarial (gain) loss during year
(1,445
)
 
1,196

 
(230
)
 
163

Benefit obligation at end of year
$
24,411

 
$
26,605

 
$
1,684

 
$
2,235

Change in plan assets:
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
$
6,737

 
$
7,185

 
$

 
$

Actual gain (loss) on plan assets
578

 
(149
)
 

 

Employer contributions
776

 
5,256

 
168

 
169

Plan participants’ contributions

 

 
69

 
60

Benefits paid
(1,561
)
 
(5,555
)
 
(237
)
 
(229
)
Fair value of plan assets at end of year
$
6,530

 
$
6,737

 
$

 
$

Funded status at end of year
$
(17,881
)
 
$
(19,868
)
 
$
(1,684
)
 
$
(2,235
)
Amounts Recognized in Consolidated Balance Sheet [Table Text Block]
The amounts recognized in the consolidated balance sheets and in accumulated other comprehensive loss for the post-employment plans were as follows:
 
Pension Benefits
 
Retiree Health Care Benefits
June 30,
2017

 
2016

 
2017

 
2016

Amounts recognized in the consolidated balance sheets:
 
 
 
 
 
 
 
Other current liabilities
$
2,814

 
$
741

 
$
220

 
$
220

Post-employment benefits
15,067

 
19,127

 
1,464

 
2,015

Net amount recognized
$
17,881

 
$
19,868

 
$
1,684

 
$
2,235

Amounts recognized in accumulated other comprehensive loss:
 
 
 
 
 
 
 
Net actuarial (loss) gain
$
(5,798
)
 
$
(8,234
)
 
$
1,167

 
$
1,119

Prior service cost
(35
)
 
(121
)
 
922

 
948

Total amounts recognized in accumulated other comprehensive loss
$
(5,833
)
 
$
(8,355
)
 
$
2,089

 
$
2,067

Information for pension plans with projected benefit obligations in excess of plan assets
The following table provides information for pension plans with projected benefit obligations and accumulated benefit obligations in excess of plan assets:
 
Pension Benefits
June 30,
2017

 
2016

Projected benefit obligations
$
24,411

 
$
26,605

Accumulated benefit obligations
24,411

 
26,605

Fair value of plan assets
6,530

 
6,737

Net periodic costs
The net periodic costs (benefits) are as follows:
 
Pension Benefits
 
Retiree Health Care Benefits
Year Ended June 30,
2017

 
2016

 
2015

 
2017

 
2016

 
2015

Service cost
$
126

 
$
91

 
$
97

 
$
29

 
$
22

 
$
53

Interest cost
687

 
879

 
896

 
63

 
75

 
95

Expected return on plan assets
(460
)
 
(491
)
 
(495
)
 

 

 

Recognized net actuarial loss (gain)
872

 
913

 
559

 
(181
)
 
(210
)
 
(87
)
Amortization of prior service cost
86

 
86

 
86

 
(271
)
 
(271
)
 
(272
)
Net periodic cost (benefits)
$
1,311

 
$
1,478

 
$
1,143

 
$
(360
)
 
$
(384
)
 
$
(211
)
Weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost
The weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost for the plans were as follows:
 
Pension Benefits
 
Retiree Health Care Benefits
June 30,
2017

 
2016

 
2017

 
2016

Assumptions used to determine benefit obligations at year end:
 
 
 
 
 
 
 
Discount rate
2.8
%
 
2.3
%
 
3.3
%
 
3.3
%
Assumptions used to determine net periodic benefit cost:
 
 
 
 
 
 
 
Discount rate
2.3
%
 
3.0
%
 
2.9
%
 
4.0
%
Expected return on plan assets
7.0
%
 
7.0
%
 
N/A

 
N/A

One-Percentage Point Change in Assumed Health Care Cost Trend Rates
A one-percentage point change in the assumed health care cost trend rates would have had the following effects as of June 30, 2017 and for the year then ended:
 
One-Percentage Point
 
 
Increase
 
Decrease
Effect on total service and interest cost components of periodic expense
$
15

 
$
(12
)
Effect on post-retirement benefit obligation
159

 
(135
)
Defined Benefit Plan Asset Information
Following are the fair values and target allocation as of June 30:
 
Target Allocation
 
Fair Value
 
 
 
2017

 
2016

Asset Class:
 
 
 
 
 
Equity* securities (Level 1)
40 – 70%
 
$
3,880

 
$
3,843

Debt securities (Level 2)
20 – 50%
 
2,538

 
2,759

Other (Level 1)
0 – 20%
 
112

 
135

Total
100%
 
$
6,530

 
$
6,737

Estimated future benefit payments
The following benefit payments, which reflect expected future service, as applicable, are expected to be paid in each of the next five years and in the aggregate for the subsequent five years:
During Fiscal Years
Pension Benefits

 
Retiree Health  
 Care Benefits

2018
$
3,200

 
$
190

2019
3,700

 
150

2020
3,800

 
130

2021
1,300

 
120

2022
1,300

 
110

2023 through 2027
4,400

 
480