XML 22 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
Shareholders' Equity
9 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
SHAREHOLDERS' EQUITY

Accumulated Other Comprehensive (Loss) Income

Changes in the accumulated other comprehensive (loss) income, are comprised of the following amounts shown net of taxes:
 
 
Three Months Ended March 31, 2017
 
 
Foreign currency translation adjustment

 
Unrealized gain on securities available for sale

 
Postemployment benefits

 
Total Accumulated other comprehensive income (loss)

Balance at December 31, 2016
 
$
(93,964
)
 
$
11

 
$
(3,669
)
 
$
(97,622
)
Other comprehensive income
 
8,132

 
1

 

 
8,133

Amounts reclassified from accumulated other comprehensive (loss) income
 

 

 
77

 
77

Net current-period other comprehensive income
 
8,132

 
1

 
77

 
8,210

Balance at March 31, 2017
 
$
(85,832
)
 
$
12

 
$
(3,592
)
 
$
(89,412
)

 
 
Three Months Ended March 31, 2016
 
 
Foreign currency translation adjustment

 
Unrealized (loss) gain on securities available for sale

 
Postemployment benefits

 
Total Accumulated other comprehensive income (loss)

Balance at December 31, 2015
 
$
(91,503
)
 
$
(45
)
 
$
(2,766
)
 
$
(94,314
)
Other comprehensive income
 
13,014

 
25

 

 
13,039

Amounts reclassified from accumulated other comprehensive (loss) income
 

 

 
79

 
79

Net current-period other comprehensive income
 
13,014

 
25

 
79

 
13,118

Balance at March 31, 2016
 
$
(78,489
)
 
$
(20
)
 
$
(2,687
)
 
$
(81,196
)


 
 
Nine Months Ended March 31, 2017
 
 
Foreign currency translation adjustment

 
Unrealized (loss) gain on securities available for sale

 
Postemployment benefits

 
Total Accumulated other comprehensive income (loss)

Balance at July 1, 2016
 
$
(81,685
)
 
$
(38
)
 
$
(3,823
)
 
$
(85,546
)
Other comprehensive (loss) income
 
(4,147
)
 
50

 

 
(4,097
)
Amounts reclassified from accumulated other comprehensive (loss) income
 

 

 
231

 
231

Net current-period other comprehensive (loss) income
 
(4,147
)
 
50

 
231

 
(3,866
)
Balance at March 31, 2017
 
$
(85,832
)
 
$
12

 
$
(3,592
)
 
$
(89,412
)


 
 
Nine Months Ended March 31, 2016
 
 
Foreign currency translation adjustment

 
Unrealized loss on securities available for sale

 
Postemployment benefits

 
Total Accumulated other comprehensive income (loss)

Balance at July 1, 2015
 
$
(57,244
)
 
$
(4
)
 
$
(2,923
)
 
$
(60,171
)
Other comprehensive loss
 
(21,245
)
 
(16
)
 

 
(21,261
)
Amounts reclassified from accumulated other comprehensive (loss) income
 

 

 
236

 
236

Net current-period other comprehensive (loss) income
 
(21,245
)
 
(16
)
 
236

 
(21,025
)
Balance at March 31, 2016
 
$
(78,489
)
 
$
(20
)
 
$
(2,687
)
 
$
(81,196
)


Other Comprehensive Income (Loss)

Details of other comprehensive income (loss) are as follows:
 
 
Three Months Ended March 31,
 
 
2017
 
2016
 
 
Pre-Tax Amount
 
Tax Expense
 
Net Amount
 
Pre-Tax Amount
 
Tax Expense (Benefit)
 
Net Amount
Foreign currency translation adjustments
 
$
8,132

 
$

 
$
8,132

 
$
13,014

 
$

 
$
13,014

Postemployment benefits:
 
 
 
 
 
 
 
 
 
 
 
 
Reclassification of actuarial losses and prior service cost into SD&A expense and included in net periodic pension costs
 
125

 
48

 
77

 
130

 
51

 
79

Unrealized gain on investment securities available for sale
 
11

 
10

 
1

 
39

 
14

 
25

Other comprehensive income
 
$
8,268

 
$
58

 
$
8,210

 
$
13,183

 
$
65

 
$
13,118


 
 
Nine Months Ended March 31,
 
 
2017
 
2016
 
 
Pre-Tax Amount
 
Tax Expense
 
Net Amount
 
Pre-Tax Amount
 
Tax Expense (Benefit)
 
Net Amount
Foreign currency translation adjustments
 
$
(4,147
)
 
$

 
$
(4,147
)
 
$
(21,245
)
 
$

 
$
(21,245
)
Postemployment benefits:
 
 
 
 
 
 
 
 
 
 
 
 
Reclassification of actuarial losses and prior service cost into SD&A expense and included in net periodic pension costs
 
377

 
146

 
231

 
387

 
151

 
236

Unrealized gain (loss) on investment securities available for sale
 
77

 
27

 
50

 
(24
)
 
(8
)
 
(16
)
Other comprehensive (loss) income
 
$
(3,693
)
 
$
173

 
$
(3,866
)
 
$
(20,882
)
 
$
143

 
$
(21,025
)


Anti-dilutive Common Stock Equivalents
In the nine month periods ended March 31, 2017 and 2016, stock options and stock appreciation rights related to 270 and 775 shares of common stock were not included in the computation of diluted earnings per share for the periods then ended as they were anti-dilutive.