XML 59 R17.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Note 11 - Retirement Benefits | 6 Months Ended
--- | ---
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract] |
Pension and Other Postretirement Benefits Disclosure [Text Block] | 11) Retirement Benefits The Company has defined benefit pension plans covering certain current and former employees both inside and outside of the U.S. The Company’s pension plan for U.S. employees is frozen for substantially all participants and has been replaced with a defined contribution benefit plan. Net Periodic Benefit Cost for the Company’s U.S. and Foreign pension benefit plans for the three and six months ended December 31, 2014 and 2013 consisted of the following components (in thousands):
|  | U.S. Plans |  |  | Non-U.S. Plans |
|  | Three Months Ended |  |  | Three Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Service cost |  | $ | 53 |  |  | $ | 49 |  |  | $ | 12 |  |  | $ | 12 |
Interest cost |  |  | 2,619 |  |  |  | 2,810 |  |  |  | 409 |  |  |  | 430 |
Expected return on plan assets |  |  | (3,489 | ) |  |  | (3,378 | ) |  |  | (371 | ) |  |  | (382 | )
Recognized net actuarial loss |  |  | 986 |  |  |  | 923 |  |  |  | 189 |  |  |  | 204 |
Amortization of prior service cost |  |  | 14 |  |  |  | 14 |  |  |  | (14 | ) |  |  | - |
Net periodic benefit cost |  | $ | 183 |  |  | $ | 418 |  |  | $ | 225 |  |  | $ | 264 |
|  | U.S. Plans |  |  | Non-U.S. Plans |
|  | Six Months Ended |  |  | Six Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Service cost |  | $ | 106 |  |  | $ | 134 |  |  | $ | 24 |  |  | $ | 23 |
Interest cost |  |  | 5,238 |  |  |  | 5,620 |  |  |  | 840 |  |  |  | 844 |
Expected return on plan assets |  |  | (6,977 | ) |  |  | (6,756 | ) |  |  | (763 | ) |  |  | (752 | )
Recognized net actuarial loss |  |  | 1,973 |  |  |  | 2,095 |  |  |  | 389 |  |  |  | 400 |
Amortization of prior service cost |  |  | 27 |  |  |  | 29 |  |  |  | (28 | ) |  |  | - |
Net periodic benefit cost |  | $ | 367 |  |  | $ | 1,122 |  |  | $ | 462 |  |  | $ | 515 |
The Company expects to pay $1.6 million in contributions to its defined benefit plans during fiscal 2015. Contributions of $0.2 million and $0.5 million were made during the three and six months ended December 31, 2014. Required contributions of $1.0 million will be paid to the Company’s U.K. defined benefit plan during 2015. The Company also expects to make contributions of $0.2 million and $0.4 million to its unfunded defined benefit plans in the U.S. and Germany respectively during the current fiscal year.

X
- Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6414718&loc=d3e28014-114942 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e2410-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=35742057&loc=SL14450702-114947 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6414199&loc=d3e39622-114963 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39675-114964 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration