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Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2018
Retirement Benefits, Description [Abstract]  
Summary of changes in benefit obligations, plan assets and funded status for the post employment plans
The following table sets forth the changes in benefit obligations and plan assets during the year and the funded status for the post-employment plans at June 30:
 
Pension Benefits
 
Retiree Health Care Benefits
 
2018

 
2017

 
2018

 
2017

Change in benefit obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of the year
$
24,411

 
$
26,605

 
$
1,684

 
$
2,235

Service cost
124

 
126

 
19

 
29

Interest cost
729

 
687

 
52

 
63

Plan participants’ contributions

 

 
68

 
69

Benefits paid
(3,181
)
 
(1,562
)
 
(223
)
 
(237
)
Amendments

 

 

 
(245
)
Actuarial gain during year
(549
)
 
(1,445
)
 
(109
)
 
(230
)
Benefit obligation at end of year
$
21,534

 
$
24,411

 
$
1,491

 
$
1,684

Change in plan assets:
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
$
6,530

 
$
6,737

 
$

 
$

Actual gain on plan assets
516

 
578

 

 

Employer contributions
3,837

 
776

 
155

 
168

Plan participants’ contributions

 

 
68

 
69

Benefits paid
(3,181
)
 
(1,561
)
 
(223
)
 
(237
)
Fair value of plan assets at end of year
$
7,702

 
$
6,530

 
$

 
$

Funded status at end of year
$
(13,832
)
 
$
(17,881
)
 
$
(1,491
)
 
$
(1,684
)
Amounts Recognized in Consolidated Balance Sheet [Table Text Block]
The amounts recognized in the consolidated balance sheets and in accumulated other comprehensive loss for the post-employment plans were as follows:
 
Pension Benefits
 
Retiree Health Care Benefits
June 30,
2018

 
2017

 
2018

 
2017

Amounts recognized in the consolidated balance sheets:
 
 
 
 
 
 
 
Other current liabilities
$
3,298

 
$
2,814

 
$
220

 
$
220

Post-employment benefits
10,534

 
15,067

 
1,271

 
1,464

Net amount recognized
$
13,832

 
$
17,881

 
$
1,491

 
$
1,684

Amounts recognized in accumulated other comprehensive loss:
 
 
 
 
 
 
 
Net actuarial (loss) gain
$
(4,781
)
 
$
(5,798
)
 
$
1,121

 
$
1,167

Prior service cost

 
(35
)
 
554

 
922

Total amounts recognized in accumulated other comprehensive loss
$
(4,781
)
 
$
(5,833
)
 
$
1,675

 
$
2,089

Information for pension plans with projected benefit obligations in excess of plan assets
The following table provides information for pension plans with projected benefit obligations and accumulated benefit obligations in excess of plan assets:
 
Pension Benefits
June 30,
2018

 
2017

Projected benefit obligations
$
21,534

 
$
24,411

Accumulated benefit obligations
21,534

 
24,411

Fair value of plan assets
7,702

 
6,530

Net periodic costs
The net periodic costs (benefits) are as follows:
 
Pension Benefits
 
Retiree Health Care Benefits
Year Ended June 30,
2018

 
2017

 
2016

 
2018

 
2017

 
2016

Service cost
$
124

 
$
126

 
$
91

 
$
19

 
$
29

 
$
22

Interest cost
729

 
687

 
879

 
52

 
63

 
75

Expected return on plan assets
(472
)
 
(460
)
 
(491
)
 

 

 

Recognized net actuarial loss (gain)
424

 
872

 
913

 
(154
)
 
(181
)
 
(210
)
Amortization of prior service cost
27

 
86

 
86

 
(369
)
 
(271
)
 
(271
)
Recognition of prior service cost upon plan curtailment
8

 

 

 

 

 

Net periodic cost (benefits)
$
840

 
$
1,311

 
$
1,478

 
$
(452
)
 
$
(360
)
 
$
(384
)
Weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost
The weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost for the plans were as follows:
 
Pension Benefits
 
Retiree Health Care Benefits
June 30,
2018

 
2017

 
2018

 
2017

Assumptions used to determine benefit obligations at year end:
 
 
 
 
 
 
 
Discount rate
3.5
%
 
2.8
%
 
3.8
%
 
3.3
%
Assumptions used to determine net periodic benefit cost:
 
 
 
 
 
 
 
Discount rate
2.8
%
 
2.3
%
 
3.3
%
 
2.9
%
Expected return on plan assets
7.0
%
 
7.0
%
 
N/A

 
N/A

One-Percentage Point Change in Assumed Health Care Cost Trend Rates
A one-percentage point change in the assumed health care cost trend rates would have had the following effects as of June 30, 2018 and for the year then ended:
 
One-Percentage Point
 
 
Increase
 
Decrease
Effect on total service and interest cost components of periodic expense
$
9

 
$
(8
)
Effect on post-retirement benefit obligation
152

 
(130
)
Defined Benefit Plan Asset Information
Following are the fair values and target allocation as of June 30:
 
Target Allocation
 
Fair Value
 
 
 
2018

 
2017

Asset Class:
 
 
 
 
 
Equity* securities (Level 1)
40 – 70%
 
$
6,226

 
$
3,880

Debt securities (Level 2)
20 – 50%
 
1,337

 
2,538

Other (Level 1)
0 – 20%
 
139

 
112

Total
100%
 
$
7,702

 
$
6,530

Estimated future benefit payments
The following benefit payments, which reflect expected future service, as applicable, are expected to be paid in each of the next five years and in the aggregate for the subsequent five years:
During Fiscal Years
Pension Benefits

 
Retiree Health  
 Care Benefits

2019
$
3,700

 
$
130

2020
3,800

 
120

2021
1,300

 
110

2022
1,300

 
110

2023
1,400

 
100

2024 through 2028
5,200

 
530