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Pension and Other Postretirement Benefits
9 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS
The table below summarizes the components of net periodic pension income:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2023202220232022
Service cost$243 $279 $718 $846 
Interest cost8,085 5,631 24,127 16,931 
Expected return on plan assets(10,045)(12,985)(30,054)(39,020)
Amortization of transition obligation21 23 62 71 
Amortization of prior service cost
Recognition of actuarial losses1,117 2,918 3,314 8,829 
Net periodic pension income$(578)$(4,131)$(1,829)$(12,334)
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)2023202220232022
Interest cost$104 $72 $312 $216 
Amortization of prior service credit(68)(69)(203)(207)
Recognition of actuarial loss48 74 144 223 
Net periodic other postretirement benefit cost$84 $77 $253 $232 
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 expense (income), net.