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Pension and Other Postretirement Benefits
 6 Months Ended
Dec. 31, 2019
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS
The table below summarizes the components of net periodic pension income:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
(in thousands)
2019
 
2018
 
2019
 
2018
Service cost
$
445

 
$
407

 
$
895

 
$
818

Interest cost
6,832

 
7,970

 
13,656

 
15,960

Expected return on plan assets
(13,496
)
 
(13,434
)
 
(26,952
)
 
(26,896
)
Amortization of transition obligation
22

 
23

 
44

 
45

Amortization of prior service cost (credit)
13

 
(5
)
 
25

 
(10
)
Recognition of actuarial losses
2,585

 
1,679

 
5,180

 
3,374

Settlement gain
—

 
—

 
(122
)
 
—

Net periodic pension income
$
(3,599
)
 
$
(3,360
)
 
$
(7,274
)
 
$
(6,709
)

The table below summarizes the components of net periodic other postretirement benefit cost:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
(in thousands)
2019
 
2018
 
2019
 
2018
Interest cost
$
101

 
$
153

 
$
202

 
$
307

Amortization of prior service credit
(69
)
 
(22
)
 
(138
)
 
(45
)
Recognition of actuarial loss
64

 
62

 
128

 
124

Net periodic other postretirement benefit cost
$
96

 
$
193

 
$
192

 
$
386



The service cost component of net periodic pension income is reported as a component of cost of goods sold and operating expense. All other components of net periodic pension income and net periodic other postretirement benefit cost are reported as a component of other income, net.