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Pension and Postretirement Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2012
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Schedule of Net Funded Status [Table Text Block]
The following tables present changes in, and components of, the Company's net assets/liabilities for pension and other postretirement benefits:

 
Pension
 
 
Postretirement
June 30,
2012
 
2011
 
 
2012
 
2011
(In thousands)
 
 
 
 
 
 
 
 
Change in benefit obligation
 
 
 
 
 
 
 
 
Benefit obligation, beginning of year
$
125,689

 
$
116,949

 
 
$
15,271

 
$
15,934

Service cost
9,434

 
9,647

 
 
450

 
476

Interest cost
5,987

 
5,297

 
 
798

 
792

Participant contributions

 

 
 
795

 
844

Plan amendments

 
472

 
 

 

Actuarial loss
7,853

 
1,976

 
 
(805
)
 
(858
)
Benefits paid (including lump sums)
(11,676
)
 
(8,652
)
 
 
(1,534
)
 
(1,917
)
Benefit obligation, end of year
$
137,287

 
$
125,689

 
 
$
14,975

 
$
15,271

 
 
 
 
 
 
 
 
 
Change in plan assets
 
 
 
 
 
 
 
 
Fair value of plan assets, beginning of year
$
131,003

 
$
113,576

 
 
$

 
$

Actual return on plan assets
4,696

 
25,553

 
 

 

Employer contributions
545

 
526

 
 
739

 
1,073

Participant contributions

 

 
 
795

 
844

Benefits paid (including lump sums)
(11,676
)
 
(8,652
)
 
 
(1,534
)
 
(1,917
)
Fair value of plan assets, end of year
$
124,568

 
$
131,003

 
 
$

 
$

 
 
 
 
 
 
 
 
 
Over (under) funded status, end of year
$
(12,719
)
 
$
5,314

 
 
$
(14,975
)
 
$
(15,271
)

Pension Plan Assets Fair Value by Asset Category [Table Text Block]
Fair value measurements for pension assets as of June 30, 2012, follow:

June 30, 2012
Total
Fair Value
Quoted Prices
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs (Level 3)
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
Investments in registered investment companies
$
124,464

 
 
$
70,214

 
 
$
54,250

 
 
$

 
Pooled separate accounts
104

 
 

 
 
104

 
 

 
Total assets at fair value
$
124,568

 
 
$
70,214

 
 
$
54,354

 
 
$

 

Fair value measurements for pension assets as of June 30, 2011, follow:

June 30, 2011
Total
Fair Value
Quoted Prices
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs (Level 3)
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
Investments in registered investment companies
$
130,254

 
 
$
73,296

 
 
$
56,958

 
 
$

 
Pooled separate accounts
749

 
 

 
 
749

 
 

 
Total assets at fair value
$
131,003

 
 
$
73,296

 
 
$
57,707

 
 
$

 

Schedule of Amounts Recognized In Balance Sheet [Table Text Block]
The following amounts are recognized in the Consolidated Balance Sheets:

 
Pension
Postretirement
June 30,
2012
 
2011
 
 
2012
 
2011
(In thousands)
 
 
 
 
 
 
 
 
Other assets
 
 
 
 
 
 
 
 
Prepaid benefit cost
$
11,562

 
$
23,128

 
 
$

 
$

Accrued expenses-compensation and benefits
 
 
 
 
 
 
 
 
Accrued benefit liability
(1,478
)
 
(892
)
 
 
(912
)
 
(1,060
)
Other noncurrent liabilities
 
 
 
 
 
 
 
 
Accrued benefit liability
(22,803
)
 
(16,922
)
 
 
(14,063
)
 
(14,211
)
Net amount recognized, end of year
$
(12,719
)
 
$
5,314

 
 
$
(14,975
)
 
$
(15,271
)

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
The following table provides information about pension plans with projected benefit obligations in excess of plan assets:

June 30,
2012

 
2011

(In thousands)
 
 
 
Projected benefit obligation
$
24,334

 
$
17,924

Fair value of plan assets
52

 
110


Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

The following table provides information about pension plans with accumulated benefit obligations in excess of plan assets:

June 30,
2012

 
2011

(In thousands)
 
 
 
Accumulated benefit obligation
$
19,508

 
$
14,036

Fair value of plan assets
52

 
110


Schedule of Net Benefit Costs [Table Text Block]
The components of net periodic benefit costs recognized in the Consolidated Statements of Earnings were as follows:

 
Pension
Postretirement
Years ended June 30,
2012
 
2011
 
2010
 
 
2012
 
2011
 
2010
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Components of net periodic benefit costs
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
9,434

 
$
9,647

 
$
8,568

 
 
$
450

 
$
476

 
$
422

Interest cost
5,987

 
5,297

 
5,777

 
 
798

 
792

 
907

Expected return on plan assets
(10,014
)
 
(8,688
)
 
(8,152
)
 
 

 

 

Prior service cost amortization
368

 
373

 
853

 
 
(536
)
 
(734
)
 
(736
)
Actuarial loss amortization
1,605

 
4,665

 
4,926

 
 

 

 

Settlement charge

 

 
(94
)
 
 

 

 

Net periodic benefit costs
$
7,380

 
$
11,294

 
$
11,878

 
 
$
712

 
$
534

 
$
593


Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Amounts recognized in the accumulated other comprehensive loss component of shareholders' equity for Company-sponsored plans were as follows:

June 30, 2012
Pension
 Postretirement
Total 
(In thousands)
 
 
 
 
 
Unrecognized net actuarial losses, net of taxes
$
23,290

 
$
(52
)
 
$
23,238

Unrecognized prior service credit (costs), net of taxes
621

 
(1,434
)
 
(813
)
Total
$
23,911

 
$
(1,486
)
 
$
22,425


Schedule of Assumptions Used [Table Text Block]
Benefit obligations were determined using the following weighted average assumptions:

 
Pension
Postretirement
June 30,
2012
 
2011
 
 
2012
 
2011
Weighted average assumptions
 
 
 
 
 
 
 
 
Discount rate
3.50
%
 
4.65
%
 
 
4.10
%
 
5.25
%
Rate of compensation increase - year one
3.50
%
 
4.50
%
 
 
3.50
%
 
4.50
%
Rate of compensation increase - subsequent years
3.50
%
 
4.50
%
 
 
3.50
%
 
4.50
%
Rate of increase in health care cost levels
 
 
 
 
 
 
 
 
Initial level
NA

 
NA

 
 
8.00
%
 
8.50
%
Ultimate level
NA

 
NA

 
 
5.00
%
 
5.00
%
Years to ultimate level
NA

 
NA

 
 
6 years

 
7 years

 NA-Not applicable
 
 
 
 
 
 
 
 

Net periodic benefit costs were determined using the following weighted average assumptions:

 
Pension
Postretirement
Years ended June 30,
2012
 
2011
 
2010
 
 
2012
 
2011
 
2010
Weighted average assumptions
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.65
%
 
4.50
%
 
5.75
%
 
 
5.25
%
 
5.00
%
 
6.20
%
Expected return on plan assets
8.00
%
 
8.25
%
 
8.25
%
 
 
NA

 
NA

 
NA

Rate of compensation increase - year one
4.50
%
 
4.50
%
 
0.00
%
 
 
4.50
%
 
4.50
%
 
0.00
%
Rate of compensation increase - subsequent years
4.50
%
 
4.50
%
 
4.50
%
 
 
4.50
%
 
4.50
%
 
4.50
%
Rate of increase in health care cost levels
 
 
 
 
 
 
 
 
 
 
 
 
Initial level
NA

 
NA

 
NA

 
 
8.50
%
 
9.00
%
 
7.50
%
Ultimate level
NA

 
NA

 
NA

 
 
5.00
%
 
5.00
%
 
5.00
%
Years to ultimate level
NA

 
NA

 
NA

 
 
7 yrs

 
8 yrs

 
5 yrs

NA-Not applicable
 
 
 
 
 
 
 
 
 
 
 
 

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
Assumed rates of increase in healthcare cost have a significant effect on the amounts reported for the healthcare plans. A change of one percentage point in the assumed healthcare cost trend rates would have the following effects:

 
One
Percentage
Point Increase
 
One
Percentage
Point Decrease
(In thousands)
 
 
 
 
 
 
 
Effect on service and interest cost components for fiscal 2012
 
$
68

 
 
 
$
(37
)
 
Effect on postretirement benefit obligation as of June 30, 2012
 
864

 
 
 
(712
)
 

Schedule of Targeted and Weighted Average Asset Allocations by Assets Category for Investments Pension Plans [Table Text Block]
The targeted and weighted average asset allocations by asset category for investments held by the Company's pension plans are as follows:

 
2012 Allocation
 
 
2011 Allocation
June 30,
Target

 
Actual

 
 
Target

 
Actual

Domestic equity securities
35
%
 
34
%
 
 
35
%
 
34
%
Fixed income investments
30
%
 
32
%
 
 
30
%
 
31
%
International equity securities
25
%
 
24
%
 
 
25
%
 
25
%
Global equity securities
10
%
 
10
%
 
 
10
%
 
10
%
Fair value of plan assets
100
%
 
100
%
 
 
100
%
 
100
%

Schedule of Expected Benefit Payments [Table Text Block]
The following benefit payments, which reflect expected future service as appropriate, are expected to be paid:

Years ending June 30,
Pension
Benefits
Postretirement
Benefits
(In thousands)
 
 
 
 
 
 
2013
 
$
14,010

 
 
$
912

 
2014
 
22,484

 
 
920

 
2015
 
14,228

 
 
884

 
2016
 
13,216

 
 
930

 
2017
 
15,241

 
 
974

 
2018-2022
 
80,668

 
 
5,062