Employee Benefit Plans (Tables)

9 Months Ended

Mar. 31, 2023

Retirement Benefits [Abstract]

Schedule of Net Periodic Benefit Costs

The net periodic benefit cost (credit) for the defined benefit pension plans is as follows:

	Three Months Ended March 31,				Nine Months Ended March 31,
(In thousands)	2023		2022		2023		2022
Interest cost	$	1,156	$	848	$	3,468	$	2,544
Expected return on plan assets	(1,009)		(1,237)		(3,027)		(3,711)
Amortization of net loss (1)	281		339		844		1,017
Net periodic benefit cost (credit)	$	428	$	(50)	$	1,285	$	(150)

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(1) These amounts represent the estimated portion of the net loss in AOCI that is expected to be recognized as a component of net periodic benefit cost over the current fiscal year. 

Contributions made by the Company to the multiemployer pension plans were as follows:

	Three Months Ended March 31,				Nine Months Ended March 31,
(In thousands)	2023		2022		2023		2022
Contributions to WCTPP	$	313	$	275	$	978	$	679
Contributions to All Other Plans	6		7		22		19

The following table shows the components of net periodic postretirement benefit cost for the Retiree Medical Plan and Death Benefit Plan for the three and nine months ended March 31, 2023 and 2022.

	Three Months Ended March 31,				Nine Months Ended March 31,
(In thousands)	2023		2022		2023		2022
Components of Net Periodic Postretirement Benefit Cost:
Service cost	$	—	$	—	$	—	$	—
Interest cost	10		7		29		20
Amortization of net gain	—		2		—		8
Net periodic postretirement benefit cost	$	10	$	9	$	29	$	28

Defined Benefit Plan, Assumptions

Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost

	March 31, 2023	June 30, 2022
Discount rate	4.50%	2.60%
Expected long-term return on plan assets	6.50%	6.25%

Weighted-Average Assumptions Used to Determine Net Periodic Postretirement Benefit Cost 

	Fiscal year
	2023	2022
Retiree Medical Plan discount rate	N/A	N/A
Death Benefit Plan discount rate	4.77%	2.72%