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Note 16 - Employee Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Fair Value of Plan Assets [Table Text Block]
  

June 30, 2024

 
  

Total

  

Level 1

  

Level 2

  

Level 3

 

Cash and cash equivalents

 $2,792  $2,792  $-  $- 

Common and preferred stocks

  53,111   -   53,111   - 

Corporate bonds and other fixed income securities

  96,522   -   96,522   - 

Other

  12,120   -   12,120   - 
  $164,545  $2,792  $161,753   - 
  

June 30, 2023

 
  

Total

  

Level 1

  

Level 2

  

Level 3

 

Cash and cash equivalents

 $1,558  $1,558  $-  $- 

Common and preferred stocks

  54,308   -   54,308   - 

Corporate bonds and other fixed income securities

  97,215   -   97,215   - 

Other

  11,283   -   11,283   - 
  $164,364  $1,558  $162,806   - 
Schedule of Allocation of Plan Assets [Table Text Block]
  

U.S. Plans

  

Foreign Plans

 
  

Year Ended June 30,

  

Year Ended June 30,

 

Asset Category

 

2024

  

2023

  

2024

  

2023

 

Equity securities

 

35%

  

35%

  

0%

  

0%

 

Debt securities

 

42%

  

44%

  

69%

  

67%

 

Global balanced securities

 

11%

  

12%

  

1%

  

3%

 

Other

 

11%

  

9%

  

30%

  

30%

 

Total

 

99%

  

100%

  

100%

  

100%

 
Defined Benefit Plan, Assumptions [Table Text Block]

Year Ended June 30

2024

2023

2022

 

Plan assumptions - obligations

       

Discount rate

1.85% - 5.60%1.48% - 5.60%1.4% - 5.0% 

Rate of compensation increase

3.30%3.30%

3.25%

 
        

Plan assumption - cost

       

Discount rate

1.48% - 5.6%1.37% - 5.6%0.73% - 3.0% 

Expected return on assets

4.55% - 6.50%2.80% - 6.65%2.05% - 6.8% 

Rate of compensation increase

3.30%3.30%

3.25%

 
Multiemployer Plan [Table Text Block]
     

Pension Protection Act

             

Expiration

     

Zone Status

 

Contributions

  

Date of

                     

Collective

  

EIN/Plan

   

FIP/RP

            

Surcharge

Bargaining

Pension Fund

 

Number

 

2024

2023

Status

 

2024

  

2023

  

2022

 

Imposed?

Agreement

New England Teamsters and Trucking Industry Pension Fund

 04-6372430-001 

Red

Red

Yes/ Implemented

 $816  $695  $579 

No

Mar-27

                      

IAM National Pension Fund, National Pension Plan

 51-6031295-002 

Red

Red

Yes/Implemented

 586  569  520 

Yes

May-25

         $1,402  $1,264  $1,099   
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,

 
  

2024

  

2023

  

2022

  

2024

  

2023

  

2022

 

Service Cost

 $-  $-  $5  $196  $176  $231 

Interest Cost

  9,891   9,586   7,320   1,190   1,039   768 

Expected return on plan assets

  (11,113)  (11,973)  (13,038)  (1,404)  (943)  (855)

Recognized net actuarial loss

  3,802   3,814   5,534   (607)  (57)  336 

Amortization of prior service cost (benefit)

  -   -   -   (3)  (4)  (4)

Net periodic benefit cost (benefit)

 $2,580  $1,427  $(179) $(628) $211  $476 
Schedule of Net Funded Status [Table Text Block]
  

U.S. Plans

  

Foreign Plans

 
  

Year Ended June 30,

  

Year Ended June 30,

 
  

2024

  

2023

  

2024

  

2023

 

Change in benefit obligation

                

Benefit obligation at beginning of year

 $184,682  $199,825  $25,454  $30,868 

Service cost

  -   -   196   176 

Interest cost

  9,891   9,586   1,190   1,039 

Actuarial gain

  96   (8,625)  555   (4,052)

Benefits paid

  (16,230)  (16,104)  (1,779)  (1,391)

Foreign currency exchange rate & other changes

  -   -   1,378   (1,186)

Projected benefit obligation at end of year

 $178,439  $184,682  $26,994  $25,454 
                 

Change in plan assets

                

Fair value of plan assets at beginning of year

 $142,114  $157,851  $22,250  $30,986 

Actual return on plan assets

  6,447   167   1,317   (4,855)

Employer contribution

  9,981   200   257   251 

Benefits paid

  (16,230)  (16,104)  (1,497)  (1,391)

Foreign currency exchange rate & other changes

  -   -   (94)  (2,741)

Fair value of plan assets at end of year

 $142,312  $142,114  $22,233  $22,250 
                 

Funded Status

 $(36,127) $(42,568) $(4,761) $(3,204)
                 

Amounts recognized in the consolidated balance sheets consist of:

                

Prepaid benefit cost

 $-  $-  $2,570  $2,807 

Current liabilities

  (166)  (148)  (625)  (277)

Non-current liabilities

  (35,961)  (42,420)  (6,706)  (5,734)

Net amount recognized

 $(36,127) $(42,568) $(4,761) $(3,204)
                 

Unrecognized net actuarial loss

 $121,045  $120,087  $5,273  $4,032 

Unrecognized prior service cost

  -   -   (26)  (32)

Accumulated other comprehensive income, pre-tax

 $121,045  $120,087  $5,247  $4,000 
Target [Member]  
Notes Tables  
Schedule of Allocation of Plan Assets [Table Text Block]
  

2024

 

Asset Category – Target

 

U.S.

  

U.K.

 

Equity securities

 

33%

  

0%

 

Debt and market neutral securities

 

45%

  

67%

 

Global balanced securities

 

12%

  

1%

 

Other

 

10%

  

32%

 

Total

 

100%

  

100%