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Note 12 - Retirement Benefits | 6 Months Ended
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Dec. 31, 2019
Notes to Financial Statements |
Pension and Other Postretirement Benefits Disclosure [Text Block] | 12) 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, 2019 and 2018 consisted of the following components (in thousands):
|  | U.S. Plans |  |  | Non-U.S. Plans |
|  | Three Months Ended |  |  | Three Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Service cost |  | $ | 1 |  |  | $ | 1 |  |  | $ | 10 |  |  | $ | 9 |
Interest cost |  |  | 2,271 |  |  |  | 2,586 |  |  |  | 213 |  |  |  | 249 |
Expected return on plan assets |  |  | (3,288 | ) |  |  | (3,385 | ) |  |  | (221 | ) |  |  | (225 | )
Recognized net actuarial loss |  |  | 1,275 |  |  |  | 1,030 |  |  |  | 165 |  |  |  | 84 |
Net periodic benefit cost |  | $ | 259 |  |  | $ | 232 |  |  | $ | 167 |  |  | $ | 117 |
|  | U.S. Plans |  |  | Non-U.S. Plans |
|  | Six Months Ended |  |  | Six Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Service cost |  | $ | 2 |  |  | $ | 2 |  |  | $ | 20 |  |  | $ | 17 |
Interest cost |  |  | 4,542 |  |  |  | 5,171 |  |  |  | 418 |  |  |  | 503 |
Expected return on plan assets |  |  | (6,575 | ) |  |  | (6,771 | ) |  |  | (432 | ) |  |  | (453 | )
Recognized net actuarial loss |  |  | 2,551 |  |  |  | 2,061 |  |  |  | 323 |  |  |  | 170 |
Net periodic benefit cost |  | $ | 520 |  |  | $ | 463 |  |  | $ | 329 |  |  | $ | 237 |
The contributions made to defined benefit plans for the three and six months ended December 31, 2019 and 2018 are presented below along with remaining contributions to be made for fiscal year 2020 (in thousands):
|  | Fiscal Year 2020 |  |  | Fiscal Year 2019 |  |  | Remaining |
|  | Three Months Ended |  |  | Six Months Ended |  |  | Three Months Ended |  |  | Six Months Ended |  |  | Contributions |
Contributions to defined benefit plans |  | December 31, 2019 |  |  | December 31, 2019 |  |  | December 31, 2018 |  |  | December 31, 2018 |  |  | FY 2020 |
United States, funded plan |  | $ | 1,468 |  |  | $ | 1,468 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,880 |
United States, unfunded plan |  |  | 58 |  |  |  | 114 |  |  |  | 56 |  |  |  | 111 |  |  |  | 102 |
United Kingdom |  |  | 193 |  |  |  | 377 |  |  |  | 192 |  |  |  | 388 |  |  |  | - |
Germany, unfunded plan |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 280 |
Ireland |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 63 |
|  | $ | 1,719 |  |  | $ | 1,959 |  |  | $ | 248 |  |  | $ | 499 |  |  | $ | 3,325 |

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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