XML 52 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Employee Benefit Plans (Tables)
9 Months Ended
Mar. 31, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Periodic Benefit Costs
The net periodic benefit cost for the defined benefit pension plans is as follows:
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
 
2017
 
2016
 
2017
 
2016
(In thousands)
 
 
 
 
Service cost
 
$
124

 
$
97

 
$
372

 
$
291

Interest cost
 
1,397

 
1,546

 
4,191

 
4,638

Expected return on plan assets
 
(1,607
)
 
(1,710
)
 
(4,821
)
 
(5,130
)
Amortization of net loss(1)
 
508

 
370

 
1,524

 
1,110

Net periodic benefit cost
 
$
422

 
$
303

 
$
1,266

 
$
909

___________
(1) These amounts represent the estimated portion of the net loss in AOCI that is expected to be recognized as a component of net periodic benefit cost over the current fiscal year. 
Pension Plan  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Assumptions Used [Table Text Block]
Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost
 
Fiscal
 
2017
 
2016
Discount rate
3.55%
 
4.40%
Expected long-term rate of return on plan assets
7.75%
 
7.50%
Other Postretirement Benefit Plan  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Periodic Benefit Costs
The following table shows the components of net periodic postretirement benefit cost for the Retiree Medical Plan and Death Benefit for the three and nine months ended March 31, 2017 and 2016. Net periodic postretirement benefit cost for the three and nine months ended March 31, 2017 was based on employee census information and asset information as of July 1, 2016. 
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
 
2017
 
2016
 
2017
 
2016
(In thousands)
 
 
 
 
 
 
 
 
Service cost
 
$
190

 
$
347

 
$
570

 
$
1,041

Interest cost
 
207

 
299

 
621

 
897

Amortization of net gain
 
(157
)
 
(49
)
 
(471
)
 
(147
)
Amortization of net prior service credit
 
(439
)
 
(439
)
 
(1,317
)
 
(1,317
)
Net periodic postretirement benefit (credit) cost
 
$
(199
)
 
$
158

 
$
(597
)
 
$
474


Schedule of Assumptions Used [Table Text Block]
Weighted-Average Assumptions Used to Determine Net Periodic Postretirement Benefit Cost 
 
Fiscal
 
2017
 
2016
Retiree Medical Plan discount rate
3.73%
 
4.69%
Death Benefit discount rate
3.79%
 
4.74%