XML 126 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Expense (Income), Net
12 Months Ended
Jun. 30, 2013
Other (Income) Expense, Net [Abstract]  
OTHER (INCOME) EXPENSE, NET
OTHER EXPENSE (INCOME), NET
Other expense (income), net, consists of the following:
Year Ended June 30,
 
2013

 
2012

 
2011

Unrealized (gain) loss on assets held in rabbi trust for a non-qualified deferred compensation plan
 
$
(1,280
)
 
$
36

 
$
(2,016
)
Benefit from payouts on corporate-owned life insurance policies
 

 

 
(1,722
)
Foreign currency transaction (gains) losses
 
(143
)
 
1,592

 
(541
)
Loss on cross-currency swap
 

 

 
368

Other, net
 
(8
)
 
(50
)
 
118

Total other expense (income), net
 
$
(1,431
)
 
$
1,578

 
$
(3,793
)

The Company is the owner and beneficiary under life insurance policies acquired in conjunction with a fiscal 1998 acquisition, with benefits in force of $12,300 and a net cash surrender value of $3,400 at June 30, 2013. In January 2011, the Company received death benefits under two of these policies and realized a gain of $1,722.