XML 59 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1

Note 16 - Employee Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2018

Notes Tables

Schedule of Fair Value of Plan Assets [Table Text Block]

		June 30, 2018
		Total				Level 1				Level 2				Level 3
Cash and cash equivalents		$	4,482			$	325			$	4,157			$	-
Common and preferred stocks			89,934				16,353				73,581				-
U.S. Government securities			14,461				-				14,461				-
Corporate bonds and other fixed income securities			102,105				6,711				95,394				-
Other			18,095				-				18,095				-
		$	229,077				23,389				205,688				-

		June 30, 201 7
		Total				Level 1				Level 2				Level 3
Cash and cash equivalents		$	11,160			$	452			$	10,708			$	-
Common and preferred stocks			94,951				16,976				77,975				-
U.S. Government securities			11,989				-				11,989				-
Corporate bonds and other fixed income securities			97,691				6,728				90,963				-
Other			16,458				-				16,458				-
		$	232,249			$	24,156			$	208,093			$	-

Schedule of Allocation of Plan Assets [Table Text Block]

		U.S. Plans								Foreign Plans
		Year Ended June 30,								Year Ended June 30,
Asset Category		2018				2017				2018				2017
Equity securities			33	%			33	%			20	%			21	%
Debt securities			33	%			29	%			44	%			44	%
Global balanced securities			24	%			26	%			35	%			28	%
Other			10	%			12	%			1	%			7	%
Total			100	%			100	%			100	%			100	%

Schedule of Assumptions Used [Table Text Block]

Year Ended June 30		2018						2017						2016
Plan assumptions - obligation
Discount rate			0.38	-	4.40%				1.90	-	4.00%				1.50	-	4.00%
Rate of compensation increase				3.6%						3.70%						3.30%
Plan assumptions - cost
Discount rate			0.43	-	4.00%				1.50	-	4.00%				2.30	-	4.70%
Expected return on assets			2.55	-	7.00%				3.75	-	7.10%				3.90	-	7.10%
Rate of compensation increase				3.70%						3.30%						3.75%

Schedule of Multiemployer Plans [Table Text Block]

					Pension Protection Act Zone Status							Contributions												Expiration Date of Collective
Pension Fund	EIN/Plan Number				2018	2017		FIP/RP Status				2018				2017				2016			Surcharge Imposed?	Bargaining Agreement
New England Teamsters and Trucking Industry Pension Fund	04-6372430-001				Red	Red		Yes/ Implemented				$	482			$	530			$	485		No			April 2021
IAM National Pension Fund, National Pension Plan	51-6031295-002				Green	Green		N/A					638				633				575		No	Oct. 2019	-	May 2021
												$	1,120			$	1,163			$	1,060

Pension Plan [Member]

Notes Tables

Schedule of Net Benefit Costs [Table Text Block]

		U.S. Plans												Foreign Plans
		Year Ended June 30,												Year Ended June 30,
		2018				2017				2016				2018				2017				2016
Service Cost		$	3			$	3			$	70			$	187			$	37			$	34
Interest Cost			10,079				10,451				11,489				1,050				1,022				1,428
Expected return on plan assets			(13,484	)			(13,761	)			(13,864	)			(947	)			(1,152	)			(1,294	)
Recognized net actuarial loss			4,579				4,760				3,979				941				1,016				835
Amortization of prior service cost (benefit)			-				-				14				(37	)			(48	)			(49	)
Net periodic benefit cost (benefit)		$	1,177			$	1,453			$	1,688			$	1,194			$	875			$	954

Schedule of Net Funded Status [Table Text Block]

		U.S. Plans								Foreign Plans
		Year Ended June 30,								Year Ended June 30,
		2018				2017				2018				2017
Change in benefit obligation
Benefit obligation at beginning of year		$	259,963			$	269,162			$	42,141			$	41,820
Service cost			3				3				187				37
Interest cost			10,079				10,451				1,050				1,022
Actuarial loss (gain)			(10,761	)			(3,624	)			(2,701	)			1,016
Benefits paid			(16,188	)			(16,029	)			(1,639	)			(1,352	)
Foreign currency exchange rate & other changes			-				-				2,156				(402	)
Projected benefit obligation at end of year		$	243,096			$	259,963			$	41,194			$	42,141
Change in plan assets
Fair value of plan assets at beginning of year		$	195,328			$	197,850			$	36,921			$	35,007
Actual return on plan assets			6,070				13,223				1,113				2,677
Employer contribution			5,750				284				1,196				1,143
Benefits paid			(16,188	)			(16,029	)			(1,638	)			(1,352	)
Foreign currency exchange rate			-				-				525				(554	)
Fair value of plan assets at end of year		$	190,960			$	195,328			$	38,117			$	36,921
Funded Status		$	(52,136	)		$	(64,635	)		$	(3,076	)		$	(5,220	)
Amounts recognized in the consolidated balance sheets consists of:
Prepaid Benefit Cost		$	-			$	-			$	4,759			$	1,324
Current liabilities			(219	)			(220	)			(1,926	)			(330	)
Non-current liabilities			(51,917	)			(64,415	)			(5,909	)			(6,330	)
Net amount recognized		$	(52,136	)		$	(64,635	)		$	(3,076	)		$	(5,336	)
Unrecognized net actuarial loss		$	121,281			$	129,207			$	4,778			$	8,484
Unrecognized prior service cost			-				-				(45	)			(33	)
Accumulated other comprehensive income, pre-tax		$	121,281			$	129,207			$	4,733			$	8,451

Target [Member]

Notes Tables

Schedule of Allocation of Plan Assets [Table Text Block]

		201 8
Asset Category – Target		U.S.				U.K.
Equity securities			32	%			18	%
Debt and market neutral securities			33	%			45	%
Global balanced securities			25	%			37	%
Other			10	%			0	%
Total			100	%			100	%

X

- Definition

Tabular disclosure of the fair values of plan assets.

+ References

No definition available.

+ Details

Name:	sxi_ScheduleOfFairValueOfPlanAssetsTableTextBlock
Namespace Prefix:	sxi_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the quantitative and qualitative information related to multiemployer plans in which the employer participates. A multiemployer plan is a pension or postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 80
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947

+ Details

Name:	us-gaap_ScheduleOfMultiemployerPlansTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of net funded status of pension plans and/or other employee benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetFundedStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByAssetClassAxis=sxi_TargetMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: