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Note 9. Investments | 3 Months Ended
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Sep. 30, 2021
Investments [Abstract] |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure | Investments The Company maintains a self-directed supplemental employee retirement plan (“SERP”) for executive and other key employees. The Company SERP utilizes a rabbi trust, and therefore assets in the SERP portfolio are subject to creditor claims in the event of bankruptcy. The Company recognizes SERP investment assets on the balance sheet at current fair value. A SERP liability of the same amount is recorded on the balance sheet representing an obligation to distribute SERP funds to participants. The SERP investment assets are classified as trading, and accordingly, realized and unrealized gains and losses are recognized in the Other Income (Expense) category on our Condensed Consolidated Statements of Income. Adjustments made to revalue the SERP liability are also recognized in income as selling and administrative expenses and offset valuation adjustments on SERP investment assets. The change in net unrealized holding gains for the three months ended September 30, 2021 and 2020 was approximately $(0.1) million and $0.2 million, respectively. SERP asset and liability balances applicable to Kimball Electronics participants were as follows:
(Amounts in Thousands) | September 30, 2021 |  | June 30, 2021
SERP investments - current asset | $ | 3,054 |  |  | $ | 3,095 |
SERP investments - other long-term asset | 9,542 |  |  | 9,549 |
Total SERP investments | $ | 12,596 |  |  | $ | 12,644 |
SERP obligation - current liability | $ | 3,054 |  |  | $ | 3,095 |
SERP obligation - other long-term liability | 9,542 |  |  | 9,549 |
Total SERP obligation | $ | 12,596 |  |  | $ | 12,644 |

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- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1403 -Paragraph (b) + Details
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