SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Jun. 30, 2015

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive loss included in equity as of June 30, 2015 and 2014 are as follows (in thousands):

	2015	2014
Translation adjustments	$ 6,740	$ 20,779
Benefit plan adjustments, net of income taxes
of $24,411 and $21,436, respectively	(42,221)	(36,722)
Accumulated other comprehensive loss	$(35,481)	$(15,943)

Reconciliation for the Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax, by Component

A reconciliation for the changes in accumulated other comprehensive income (loss), net of tax, by component for the years ended June 30, 2014 and June 30, 2015 is as follows:

	Translation Adjustment	Benefit Plan Adjustment
Balance at June 30, 2013	$ 16,949	($42,848)
Other comprehensive loss before reclassifications	3,830	3,950
Amounts reclassified from accumulated other comprehensive income	-	2,176
Net current period other comprehensive income	3,830	6,126
Balance at June 30, 2014	$ 20,779	($36,722)

	Translation Adjustment	Benefit Plan Adjustment
Balance at June 30, 2014	$ 20,779	($36,722)
Other comprehensive loss before reclassifications	(14,039)	(7,518)
Amounts reclassified from accumulated other comprehensive income	-	2,019
Net current period other comprehensive income	(14,039)	(5,499)
Balance at June 30, 2015	$ 6,740	($42,221)

Reconciliation for the Reclassifications Out of Accumulated Other Comprehensive Income (Loss), Net of Tax

A reconciliation for the reclassifications out of accumulated other comprehensive income (loss), net of tax for the year ended June 30, 2014 is as follows:

	Amount Reclassified
Amortization of benefit plan items
Actuarial losses	($3,496)
Transition asset and prior service benefit	(31)
Total before tax benefit	(3,527)
Tax benefit	1,351
Total reclassification net of tax	($2,176)

A reconciliation for the reclassifications out of accumulated other comprehensive income (loss), net of tax for the year ended June 30, 2015 is as follows:

	Amount Reclassified
Amortization of benefit plan items
Actuarial losses	($3,074)
Transition asset and prior service benefit	(36)
Total before tax benefit	(3,110)
Tax benefit	1,091
Total reclassification net of tax	($2,019)