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Note 11 - Retirement Benefits
 3 Months Ended
Sep. 30, 2015
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 months ended September 30, 2015 and 2014 consisted of the following components (in thousands):


   

U.S. Plans

    

Non-U.S. Plans

  
   

Three Months Ended

    

Three Months Ended

  
   

September 30,

    

September 30,

  
   

2015

    

2014

    

2015

    

2014

  

Service cost

   $ 18     $ 53     $ 9     $ 12  

Interest cost

     2,872       2,619       371       432  

Expected return on plan assets

     (3,467 )     (3,489 )     (337 )     (392 )

Recognized net actuarial loss

     995       986       216       200  

Amortization of prior service cost

     4       14       (12 )     (15 )

Net periodic benefit cost

   $ 422     $ 183     $ 247     $ 237  

The Company expects to pay $1.5 million in contributions to its defined benefit plans during fiscal 2016. Contributions of $0.3 million were made during the three months ended September 30, 2015 and 2014 respectively. Required contributions of $0.9 million will be paid to the Company’s U.K. defined benefit plan during 2016. The Company also expects to make contributions of $0.2 million and $0.3 million to its unfunded defined benefit plans in the U.S. and Germany, respectively during the current fiscal year.