Shareholders' Equity

6 Months Ended

Dec. 31, 2011

Equity [Abstract]

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY

Comprehensive Income (Loss)

The components of comprehensive income (loss) are as follows:

	Three Months Ended December 31,
	2011			2010
Net income	$	20,935		$	21,193
Other comprehensive (loss) income:
Foreign currency translation adjustment	(8,117		)	3,088
Unrealized gain on investment securities available for sale, net of income tax of $18 and $43	29			59
Postemployment benefits:
Reclassification of actuarial losses and prior service cost into selling, distribution and administrative expense (included in net periodic pension costs), net of income tax of $180 and $212	287			341
Actuarial loss on remeasurement, net of income tax of $(190)	(302		)
Impact of reduction in postemployment benefit liability (as forecasted salary increases will not be realized) due to the plan curtailment, net of income tax of $3,411	5,449
Reclassification of prior service cost into selling, distribution and administrative expense upon plan curtailment, net of income tax of $1,200	1,917
Cash flow hedging activity, net of income tax of $344				846
Total comprehensive income	$	20,198		$	25,527

	Six Months Ended December 31,
	2011			2010
Net income	$	47,317		$	41,948
Other comprehensive (loss) income:
Foreign currency translation adjustment	(11,159		)	1,291
Unrealized (loss) gain on investment securities available for sale, net of income tax of $(64) and $68	(111		)	104
Postemployment benefits:
Reclassification of actuarial losses and prior service cost into selling, distribution and administrative expense (included in net periodic pension costs), net of income tax of $360 and $347	574			760
Actuarial loss on remeasurement, net of income tax of $(190)	(302		)
Impact of reduction in postemployment benefit liability (as forecasted salary increases will not be realized) due to the plan curtailment, net of income tax of $3,411	5,449
Reclassification of prior service cost into selling, distribution and administrative expense upon plan curtailment, net of income tax of $1,200	1,917
Cash flow hedging activity, net of income tax of $(82)				(184		)
Reclassification of interest expense into income, net of income tax of $116				200
Total comprehensive income	$	43,685		$	44,119

Antidilutive Common Stock Equivalents

In the three and six month periods ended December 31, 2011 and 2010, respectively, stock options and stock appreciation rights related to the acquisition of 251 and 102 shares of common stock in the three month periods and 276 and 297 shares of common stock in the six month periods were not included in the computation of diluted earnings per share for the periods then ended as they were anti-dilutive.