XML 47 R33.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Employee Benefit Plans (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract] |
Multiemployer Pension Plans | Our participation in significant plans for the fiscal year ended June 30, 2016 is outlined in the table below. The “EIN/Pension Plan Number” column provides the Employer Identification Number (“EIN”) and the three digit plan number. The zone status is based on the latest information that the Company received from the plan and is certified by the plan’s actuary. Plans in the red zone are generally less than 65 percent funded, plans in the yellow zone are generally less than 80 percent funded, and plans in the green zone are generally at least 80 percent funded. The “FIP/RP Status Pending/Implemented” column indicates plans for which a financial improvement plan (“FIP”) or a rehabilitation plan (“RP”) is either pending or has been implemented. The “Surcharge Imposed” column includes plans in a red zone status that require a payment of a surcharge in excess of regular contributions. The last column lists the expiration date of the collective-bargaining agreement to which the plan is subject.
Pension Fund |  | EIN/Pension Plan Number |  | Pension Protection Act Zone Status |  | FIP/RP Status Pending or Implemented |  | Company Contributions Fiscal Year |  | Surcharge Imposed |  | Expiration Date of Collective- Bargaining Agreement
2016 | 2015 |  | 2016 |  | 2015 |  | 2014 |
|  |  |  |  |  |  |  |  | (In thousands) |  |  |  |
Joint Pension Fund Local Union 164 IBEW |  | 22-6031199/001 |  | Yellow | Yellow |  | Yes |  | $ | 2,635 |  |  | $ | 3,026 |  |  | $ | 2,955 |  |  | No |  | 5/31/2017
Boilermaker-Blacksmith National Pension Trust |  | 48-6168020/001 |  | Yellow | Yellow |  | Yes |  | 7,658 |  |  | 8,330 |  |  | 3,271 |  |  | No |  | Described below (1)
Joint Pension Fund of Local Union No 102 |  | 22-1615726/001 |  | Green | Green |  | N/A |  | 3,063 |  |  | 2,395 |  |  | 2,381 |  |  | No |  | 6/1/2018
IBEW Local 456 Pension Plan |  | 22-6238995/001 |  | Green | Yellow |  | N/A |  | 1,168 |  |  | 788 |  |  | 940 |  |  | No |  | 5/31/2017
Local 351 IBEW Pension Plan |  | 22-3417366/001 |  | Described below (2) | Described below (2) |  | Described below (2) |  | 5,018 |  |  | 2,608 |  |  | 2,218 |  |  | Described below (2) |  | 9/27/2016
Steamfitters Local Union No 420 Pension Plan |  | 23-2004424/001 |  | Red | Red |  | Yes |  | 1,265 |  |  | 937 |  |  | 1,677 |  |  | Yes |  | 4/30/2017
IBEW Local Union 98 Pension Plan |  | 23-1990722/001 |  | Yellow | Yellow |  | Yes |  | 1,653 |  |  | 2,768 |  |  | 1,380 |  |  | No |  | 4/29/2017
Indiana Laborers Pension Fund |  | 35-6027150/001 |  | Yellow | Red |  | Yes |  | 2,320 |  |  | 2,519 |  |  | 1,268 |  |  | No |  | 5/31/2017
Iron Workers Mid-America Pension Plan |  | 36-6488227/001 |  | Green | Green |  | N/A |  | 2,248 |  |  | 2,605 |  |  | 1,156 |  |  | No |  | 5/31/2019
Plumbers & Pipefitters Local Union 74 Pension Fund |  | 51-6015925/001 |  | Yellow | Yellow |  | Yes |  | 552 |  |  | 4,473 |  |  | 535 |  |  | No |  | 6/15/2017
Pipe Fitters Retirement Fund, Local 597 |  | 62-6105084/001 |  | Green | Green |  | N/A |  | 2,377 |  |  | 2,259 |  |  | 949 |  |  | No |  | 5/31/2017
|  |  |  | Contributions to other multiemployer plans |  | 16,054 |  |  | 22,282 |  |  | 11,639 |  |  |  |  |
|  |  |  | Total contributions made |  | $ | 46,011 |  |  | $ | 54,990 |  |  | $ | 30,369 |  |  |  |  |
(1) | Our employees are members of several Boilermaker unions that participate in the Boilermaker-Blacksmith National Pension Trust. The most significant of these unions are Boilermakers Local 374 and Boilermakers Local 169, which have collective bargaining agreements that expire on December 31, 2016 and December 31, 2020, respectively.
(2) | For the Local 351 IBEW Pension Plan, the Company has not received a funding notification that covers the Company's fiscal years 2015 or 2016 during the preparation of this Form 10-K. Under Federal pension law, if a multiemployer pension plan is determined to be in critical or endangered status, the plan must provide notice of this status to participants, beneficiaries, the bargaining parties, the Pension Benefit Guaranty Corporation, and the Department of Labor. The Company also observed that the Local 351 IBEW Pension Plan has not submitted any Critical or Endangered Status Notices to the Department of Labor for either calendar years 2015 or 2016 (which can be accessed at http://www.dol.gov/ebsa/criticalstatusnotices.html).

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quantitative and qualitative information related to multiemployer plans in which the employer participates. A multiemployer plan is a pension or postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 + Details
Name: | us-gaap_ScheduleOfMultiemployerPlansTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration