Postretirement and Other Employee Benefits

3 Months Ended

Sep. 30, 2019

Retirement Benefits [Abstract]

Postretirement and Other Employee Benefits

Postretirement and Other Employee Benefits

Defined Benefit Pension Plan

We sponsor a defined benefit pension plan for our Swiss-based employees (the Swiss pension plan) that is governed by local regulatory requirements. This plan includes certain minimum benefit guarantees that, under U.S. GAAP, require defined benefit plan accounting.

Net periodic pension costs for the Swiss pension plan included the following components:

	Three Months Ended September 30,
	2019			2018
	(in thousands)
Components of net periodic cost
Service cost	$	724		$	645
Interest cost	56			116
Prior service credit	(77		)	(78		)
Net actuarial loss	118			56
Expected return on plan assets	(307		)	(353		)
Net periodic cost	$	514		$	386

The components of net periodic pension cost other than current service cost are presented within other expense, net in our unaudited consolidated statements of comprehensive income (loss).