XML 50 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1

Employee Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2017

Compensation and Retirement Disclosure [Abstract]

Schedule of changes in projected benefit obligation, plan assets and the funded status

For the Years Ended June 30			2017						2016
Change in projected benefit obligation
Projected benefit obligation at beginning of year				$	75,664					$	62,605
Service cost					845						2,939
Interest cost					2,045						2,893
Benefits paid					(1,521)						(1,271)
Actuarial (gain) loss					(1,448)						8,498
Liability (gain) loss due to curtailment					(6,822)						—
Settlement payments					(5,503)						—
Projected benefit obligation at end of year				$	63,260					$	75,664

For the Years Ended June 30			2017						2016
Change in plan assets
Fair value of plan assets at beginning of year				$	54,293					$	44,032
Actual return on plan assets					5,647						(1,202)
Employer contributions					4,194						12,734
Benefits paid					(1,521)						(1,271)
Settlement payments					(5,503)						—
Fair value of plan assets at end of year				$	57,110					$	54,293
Funded status at end of year				$	(6,150)					$	(21,371)

Schedule of accumulated other comprehensive (income) loss related to the pension plan

For the Years Ended June 30			2017						2016
Accumulated Other Comprehensive (Income) Loss Related to Pension Plan
Balance at beginning of period				$	30,977					$	19,884
Amortization of net actuarial loss and prior service costs					(9,213)						(1,784)
Current period net actuarial (gain) loss					(3,705)						12,877
Net change					(12,918)						11,093
Balance at end of period				$	18,059					$	30,977

Schedule of net periodic pension expense

For the Years Ended June 30			2017						2016						2015
Service cost–benefits earned during the year				$	845					$	2,939					$	2,954
Interest cost on benefit obligation					2,045						2,893						2,618
Expected return on plan assets					(3,389)						(3,177)						(2,828)
Amortization of net actuarial loss and prior service costs					672						1,784						1,405
Curtailment expense					16						—						—
Settlement expense					1,702						—						—
Net pension expense				$	1,891					$	4,439					$	4,149

Schedule of significant actuarial assumptions

For the Years Ended June 30			2017						2016						2015
Discount rate for service cost					4.0%						4.6%						4.5%
Discount rate for interest cost					3.2%						4.6%						4.5%
Expected rate of return on plan assets					6.1%						6.1%						6.7%
Discount rate for year-end benefit obligation					3.9%						3.9%						4.6%

Schedule of estimated future benefit payments, including benefits attributable to future service

For the Years Ended June 30
2018				$	2,156
2019					2,388
2020					2,612
2021					2,815
2022					3,014
2023–2027					17,073

Schedule of weighted-average asset allocation of plan assets

			Target  Allocation			Percentage of Plan Assets
For the years ended June 30			2018			2017						2016
Debt securities			48%–68%					33%						19%
Equity securities			20%–40%					38%						43%
Global asset allocation/risk parity(1)			2%–22%					17%						26%
Other			0%–10%					12%						12%

(1)    The global asset allocation/risk parity category consists of a variety of asset classes including, but not limited to, global bonds, global equities, real estate and commodities.

Schedule of fair values of the Company's plan assets by asset category

			Fair Value Measurements Using
As of June 30, 2017			Level 1						Level 2						Level 3						Total
Cash and cash equivalents				$	3,023					$	—					$	—					$	3,023
Common-collective funds
Global large cap equities					—						12,385						7,132						19,517
Fixed income securities					—						16,850						1,136						17,986
Global asset allocations/risk parity					—						5,822						—						5,822
Mutual funds
Global Equities					1,972						—						—						1,972
Fixed income securities					1,099						—						—						1,099
Global asset allocations/risk parity					—						—						—						—
Other
Global asset allocations/risk parity					—						—						4,103						4,103
Other					—						—						3,588						3,588
				$	6,094					$	35,057					$	15,959					$	57,110

			Fair Value Measurements Using
As of June 30, 2016			Level 1						Level 2						Level 3						Total
Cash and cash equivalents				$	713					$	—					$	—					$	713
Common-collective funds
Global large cap equities					—						11,963						6,596						18,559
Fixed income securities					—						7,583						—						7,583
Global asset allocations/risk parity					—						4,878						—						4,878
Mutual funds
Global Equities					4,611						—						—						4,611
Fixed income securities					1,366						—						—						1,366
Global asset allocations/risk parity					2,667						—						—						2,667
Other
Fixed income securities					—						—						1,434						1,434
Global asset allocations/risk parity					—						—						6,554						6,554
Other					—						—						5,929						5,929
				$	9,357					$	24,424					$	20,513					$	54,294

Schedule of summary of the changes in the fair value of level 3 assets

Change in Fair Value Level 3 assets			2017						2016
Balance at beginning of period				$	20,513					$	8,989
Redemptions					(9,353)						(3,656)
Purchases					2,533						15,695
Change in fair value					2,266						(515)
Balance at end of period				$	15,959					$	20,513

X

- Definition

Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(b)(c)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=82843861&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 net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=82843861&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 reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

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

X

- Definition

Tabular disclosure of the effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets of pension plans and/or other employee benefit plans for the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(4)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

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

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

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