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Pension and Other Postretirement Benefits
 6 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS
The table below summarizes the components of net periodic pension income:
Three Months Ended December 31,Six Months Ended December 31,
(in thousands)2020201920202019
Service cost$419 $445 $836 $895 
Interest cost5,783 6,832 11,557 13,656 
Expected return on plan assets(13,365)(13,496)(26,711)(26,952)
Amortization of transition obligation23 22 45 44 
Amortization of prior service cost8 13 17 25 
Recognition of actuarial losses3,386 2,585 6,758 5,180 
Settlement gain— — — (122)
Net periodic pension income$(3,746)$(3,599)$(7,498)$(7,274)
The table below summarizes the components of net periodic other postretirement benefit cost:
Three Months Ended December 31,Six Months Ended December 31,
(in thousands)2020201920202019
Interest cost$76 $101 $153 $202 
Amortization of prior service credit(69)(69)(138)(138)
Recognition of actuarial loss77 64 154 128 
Net periodic other postretirement benefit cost$84 $96 $169 $192 

The service cost component of net periodic pension income is reported as a component of cost of goods sold and operating expense. All other components of net periodic pension income and net periodic other postretirement benefit cost are reported as a component of other income, net.