XML 26 R16.htm IDEA: XBRL DOCUMENT v3.25.4
Pension and Other Postretirement Benefits
 6 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS PENSION AND OTHER POSTRETIREMENT BENEFITS
The table below summarizes the components of net periodic pension expense:
Three Months Ended December 31,Six Months Ended December 31,
(in thousands)2025202420252024
Service cost$275 $229 $552 $457 
Interest cost8,116 8,514 16,243 17,019 
Expected return on plan assets(9,555)(10,673)(19,128)(21,335)
Amortization of prior service credit(4)(2)(8)(5)
Recognition of actuarial loss2,916 2,107 5,840 4,210 
Settlement— — — 836 
Net periodic pension expense$1,748 $175 $3,499 $1,182 
During fiscal 2025, the Company completed the wind-up of its Canadian defined benefit pension plans and recorded a settlement charge of $0.8 million.
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)2025202420252024
Interest cost$87 $98 $175 $196 
Amortization of prior service credit(63)(63)(127)(127)
Recognition of actuarial loss31 34 62 70 
Net periodic other postretirement benefit cost$55 $69 $110 $139 
The service cost component of net periodic pension expense is reported as a component of cost of goods sold and operating expense. All other components of net periodic pension expense and net periodic other postretirement benefit cost are reported as a component of other income, net.