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Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
Plan's Funded Status and Pension Cost
The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows:
 
 
    
2024
    
2023
 
Change in benefit obligation
     
Beginning of year
   $ 2,431      $ 2,620  
Service cost
     41        43  
Interest cost
     112        102  
Actuarial (gain) loss
     (196      (210
Benefits paid
     (132      (124
  
 
 
    
 
 
 
End of year
   $  2,256      $  2,431  
  
 
 
    
 
 
 
Significant Balances, Costs and Assumptions
Significant balances, costs and assumptions are:
 
    
Postretirement Plan
 
    
2024
    
2023
 
Benefit obligation
   $ 2,256      $ 2,431  
Fair value of plan assets
     —         —   
  
 
 
    
 
 
 
Funded status
   $ (2,256    $ (2,431
  
 
 
    
 
 
 
Accumulated benefit obligation
   $ 2,256      $ 2,431  
  
 
 
    
 
 
 
Summary of Accrued postretirement benefit obligations recognized in Balance sheet
Amounts recognized in the consolidated balance sheets:
 
Accrued postretirement benefit obligation
   $  2,256      $   2,431  
  
 
 
    
 
 
 
Net Periodic Benefit Cost
Components of net periodic benefit cost:
 
    
2024
   
  
2023
 
Service cost
   $ 41        $ 43  
Interest cost
     112          102  
Amortization of Loss
     —           —   
  
 
 
      
 
 
 
   $   153        $    145  
  
 
 
      
 
 
 
Accumulated Other Comprehensive Income (Loss) Not Yet Recognized
Amounts recognized in accumulated other comprehensive income (loss) not yet recognized as components of net periodic benefit cost consist of:
 
    
2024
    
2023
 
Net income (loss)
   $   (349    $   (153
Other Significant Balances and Costs
Other significant balances and costs are:
 
    
2024
    
2023
 
Employer contribution
   $     132      $     124  
Benefits paid
     132        124  
Benefit costs
     153        145  
One-percentage-Point Change in Assumed Health Care Cost Trend Rates A
one-percentage-point
change in assumed health care cost trend rates would have the following effects:
 
    
One-
Percentage-

Point
Increase
    
One-
Percentage-

Point
Decrease
 
Effect on total of service and interest cost components
   $  4      $  (4
Effect on postretirement benefit obligation
     23        (21
Postretirement Plan Benefit Payments Expected Future Service
The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2024:
 
2025
   $    147  
2026
     179  
2027
     190  
2028
     203  
2029
     201  
2030-2034
       905  
Benefit Payments Expected to be Paid for Agreements The following benefit payments are expected to be paid for these agreements:
 
2025
   $ 90  
2026
     228  
2027
     241  
2028
     263  
2029
     294  
Thereafter
     3,905  
  
 
 
 
   $  5,021