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Benefit Plans
6 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
BENEFIT PLANS
BENEFIT PLANS
We sponsor several defined benefit pension plans. Additionally, we provide varying levels of postretirement health care and life insurance benefits to some U.S. employees.
During the quarter we recognized a special termination benefit charge of $0.5 million and a curtailment loss of $0.4 million for one of our U.S.-based defined benefit pension plans resulting from a plant closure. The special termination benefit charge was recognized in restructuring expense.
The table below summarizes the components of net periodic pension income:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
(in thousands)
2014

 
2013

 
2014

 
2013

Service cost
$
1,384

 
$
1,732

 
$
2,799

 
$
3,448

Interest cost
9,745

 
10,308

 
19,681

 
20,484

Expected return on plan assets
(14,900
)
 
(14,916
)
 
(29,947
)
 
(29,712
)
Amortization of transition obligation
19

 
20

 
40

 
38

Amortization of prior service credit
(71
)
 
(58
)
 
(141
)
 
(117
)
Recognition of actuarial losses
937

 
670

 
1,937

 
1,312

Curtailment loss
358

 

 
358

 

Special termination benefit charge
459

 

 
459

 

Net periodic pension income
$
(2,069
)
 
$
(2,244
)
 
$
(4,814
)
 
$
(4,547
)


The table below summarizes the components of the net periodic other postretirement benefit cost:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
(in thousands)
2014

 
2013

 
2014

 
2013

Service cost
$
27

 
$
14

 
$
54

 
$
28

Interest cost
259

 
251

 
519

 
502

Amortization of prior service credit
(28
)
 
(28
)
 
(55
)
 
(56
)
Recognition of actuarial loss
207

 
79

 
414

 
158

Curtailment gain
(221
)
 

 
(221
)
 

Net periodic other postretirement benefit cost
$
244

 
$
316

 
$
711

 
$
632



The curtailment gain of $0.2 million was a result of the plant closure discussed above.