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Benefit Plans
9 Months Ended
Mar. 31, 2015
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 nine months ended March 31, 2015 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 March 31,
 
Nine Months Ended March 31,
(in thousands)
2015

 
2014

 
2015

 
2014

Service cost
$
1,349

 
$
1,731

 
$
4,148

 
$
5,179

Interest cost
9,575

 
10,311

 
29,256

 
30,795

Expected return on plan assets
(14,797
)
 
(14,920
)
 
(44,744
)
 
(44,632
)
Amortization of transition obligation
18

 
20

 
58

 
58

Amortization of prior service credit
(72
)
 
(58
)
 
(213
)
 
(175
)
Recognition of actuarial losses
871

 
671

 
2,809

 
1,983

Curtailment loss

 

 
358

 

Special termination benefit charge

 

 
459

 

Net periodic pension (income)
$
(3,056
)
 
$
(2,245
)
 
$
(7,869
)
 
$
(6,792
)


The table below summarizes the components of net periodic other postretirement benefit cost:
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
(in thousands)
2015

 
2014

 
2015

 
2014

Service cost
$
27

 
$
14

 
$
81

 
$
42

Interest cost
259

 
251

 
778

 
753

Amortization of prior service credit (cost)
(28
)
 
(28
)
 
(83
)
 
(84
)
Recognition of actuarial loss
207

 
79

 
621

 
237

Curtailment gain

 

 
(221
)
 

Net periodic other postretirement benefit cost
$
465

 
$
316

 
$
1,176

 
$
948



The curtailment gain of $0.2 million during the nine months ended March 31, 2015 was a result of the plant closure discussed above.