Pension and Postretirement Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2015

Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]

Schedule of Net Funded Status

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,	2015			2014			2015			2014
(In thousands)
Change in benefit obligation
Benefit obligation, beginning of year	$	152,608		$	140,549		$	10,445		$	12,302
Service cost	12,173			10,196			117			170
Interest cost	5,582			5,604			407			480
Participant contributions	—			—			802			842
Plan amendments	—			915			—			(1,732		)
Actuarial loss (gain)	(1,996		)	4,083			(1,007		)	(114		)
Benefits paid (including lump sums)	(12,940		)	(8,739		)	(1,356		)	(1,503		)
Benefit obligation, end of year	$	155,427		$	152,608		$	9,408		$	10,445
Change in plan assets
Fair value of plan assets, beginning of year	$	145,179		$	128,267		$	—		$	—
Actual return on plan assets	3,857			25,117			—			—
Employer contributions	5,490			534			554			661
Participant contributions	—			—			802			842
Benefits paid (including lump sums)	(12,940		)	(8,739		)	(1,356		)	(1,503		)
Fair value of plan assets, end of year	$	141,586		$	145,179		$	—		$	—
Under funded status, end of year	$	(13,841	)	$	(7,429	)	$	(9,408	)	$	(10,445	)

Pension Plan Assets Fair Value by Asset Category

Fair value measurements for pension assets as of June 30, 2015, were as follows:

June 30, 2015	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 1	$	140,983		$	80,229		$	—		$	—
Pooled separate accounts 1	603			—			—			—
Total assets at fair value	$	141,586		$	80,229		$	—		$	—
1 Certain investments that are measured at fair value using NAV per share have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented as the change in plan assets.

Fair value measurements for pension assets as of June 30, 2014, were as follows:

June 30, 2014	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 1	$	144,619		$	85,509		$	—		$	—
Pooled separate accounts 1	560			—			—			—
Total assets at fair value	$	145,179		$	85,509		$	—		$	—
1 Certain investments that are measured at fair value using NAV per share have not been categorized in the fair value hierarchy. The fair    value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented as the    change in plan assets.

Schedule of Amounts Recognized In Balance Sheet

The following amounts are recognized in the Consolidated Balance Sheets:

	Pension						Postretirement
June 30,	2015			2014				2015			2014
(In thousands)
Other assets
Prepaid benefit cost	$	18,071		$	23,078			$	—		$	—
Accrued expenses-compensation and benefits
Accrued benefit liability	(2,780		)	(2,408		)		(700		)	(770		)
Other noncurrent liabilities
Accrued benefit liability	(29,132		)	(28,099		)		(8,708		)	(9,675		)
Net amount recognized, end of year	$	(13,841	)	$	(7,429	)		$	(9,408	)	$	(10,445	)

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets

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

June 30,	2015		2014
(In thousands)
Projected benefit obligation	$	32,012	$	30,550
Accumulated benefit obligation	29,099		26,379
Fair value of plan assets	100		44

Schedule of Net Benefit Costs

The components of net periodic benefit costs recognized in the Consolidated Statements of Earnings were as follows:

	Pension									Postretirement
Years ended June 30,	2015			2014			2013				2015			2014			2013
(In thousands)
Components of net periodic benefit costs
Service cost	$	12,173		$	10,196		$	10,100			$	117		$	170		$	377
Interest cost	5,582			5,604			4,911				407			480			611
Expected return on plan assets	(11,037		)	(9,687		)	(9,465		)		—			—			—
Prior service cost (credit) amortization	225			391			359				(432		)	(440		)	(537		)
Actuarial loss (gain) amortization	667			2,030			3,250				(433		)	(365		)	—
Curtailment credit	—			—			—				—			(1,511		)	—
Net periodic benefit costs (credit)	$	7,610		$	8,534		$	9,155			$	(341	)	$	(1,666	)	$	451

Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)

Amounts recognized in the accumulated other comprehensive loss component of shareholders' equity for Company-sponsored plans were as follows:

June 30, 2015	Pension		Postretirement				Total
(In thousands)
Unrecognized net actuarial losses (gains), net of taxes	$	12,733		$	(2,070	)	$	10,663
Unrecognized prior service cost (credit), net of taxes	589			(716		)	(127		)
Total	$	13,322		$	(2,786	)	$	10,536

Schedule of Assumptions Used

Benefit obligations were determined using the following weighted average assumptions:

	Pension				Postretirement
June 30,	2015		2014			2015		2014
Weighted average assumptions
Discount rate	3.75	%	3.57	%		4.20	%	4.00	%
Rate of compensation increase	3.50	%	3.50	%		3.50	%	3.50	%
Rate of increase in health care cost levels
Initial level	NA		NA			7.00	%	7.00	%
Ultimate level	NA		NA			5.00	%	5.00	%
Years to ultimate level	NA		NA			6 years		4 years
NA-Not applicable

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

	Pension						Postretirement
Years ended June 30,	2015		2014		2013			2015		2014		2013
Weighted average assumptions
Discount rate	3.57	%	3.92	%	3.50	%		4.00	%	4.50	%	4.10	%
Expected return on plan assets	8.00	%	8.00	%	8.00	%		NA		NA		NA
Rate of compensation increase	3.50	%	3.50	%	3.50	%		3.50	%	3.50	%	3.50	%
Rate of increase in health care cost levels
Initial level	NA		NA		NA			7.00	%	7.50	%	8.00	%
Ultimate level	NA		NA		NA			5.00	%	5.00	%	5.00	%
Years to ultimate level	NA		NA		NA			4 years		5 years		6 years
NA-Not applicable

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

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 2015		$	26		$	(26	)
Effect on postretirement benefit obligation as of June 30, 2015		408			(335		)

Schedule of Targeted and Weighted Average Asset Allocations by Assets Category for Investments Pension Plans

The targeted and weighted average asset allocations by asset category for investments held by the Company's pension plans are as follows:

	2015 Allocation				2014 Allocation
June 30,	Target		Actual		Target		Actual
Domestic equity securities	35	%	35	%	35	%	36	%
Fixed income investments	30	%	29	%	30	%	27	%
International equity securities	25	%	25	%	25	%	26	%
Global equity securities	10	%	11	%	10	%	11	%
Fair value of plan assets	100	%	100	%	100	%	100	%

Schedule of Expected Benefit Payments

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)
2016		$	21,239		$	700
2017		25,555			732
2018		15,975			749
2019		15,409			744
2020		20,172			713
2021-2025		80,390			3,185