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Benefit Plans
3 Months Ended
Sep. 30, 2016
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.
The table below summarizes the components of net periodic pension income:
 
Three Months Ended September 30,
(in thousands)
2016
 
2015
Service cost
$
733

 
$
1,163

Interest cost
7,809

 
9,485

Expected return on plan assets
(14,757
)
 
(14,709
)
Amortization of transition obligation
23

 
21

Amortization of prior service credit
(113
)
 
(104
)
Recognition of actuarial losses
2,112

 
1,833

Special termination benefit charge

 
54

Net periodic pension income
$
(4,193
)
 
$
(2,257
)


The special termination benefit charge of $0.1 million during the three months ended September 30, 2015 is the result of lump sum payments to several terminated Executive Retirement Plan participants.
The table below summarizes the components of net periodic other postretirement benefit cost:
 
Three Months Ended September 30,
(in thousands)
2016
 
2015
Interest cost
$
168

 
$
210

Amortization of prior service credit
(6
)
 
(6
)
Recognition of actuarial loss
89

 
81

Net periodic other postretirement benefit cost
$
251

 
$
285