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Post-Retirement Benefits
3 Months Ended
Sep. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
Post-Retirement Benefits

Note 16.

Post-Retirement Benefits

The Company has a pension plan (the “Swiss Plan”) covering employees of the Zurich, Switzerland subsidiary. The unfunded pension liability of $7.1 million is recorded in Other liabilities in the Condensed Consolidated Balance Sheet at September 30, 2014.   Net periodic pension costs associated with the Swiss Plan included the following ($000):

 

 

 

 

Three Months Ended

 

 

 

 

September 30,

 

 

 

 

2014

 

 

Service cost

 

$

680

 

 

Interest cost

 

 

181

 

 

Expected return on plan assets

 

 

(270

)

 

Net amortization

 

 

(361

)

 

Net periodic pension costs

 

$

230

 

 

 

 

 

During the three months ended September 30, 2014, the Company contributed $0.6 million to the Swiss Plan.  The Company currently anticipates contributing an additional estimated amount of approximately $1.8 million to the Swiss Plan during the remainder of fiscal year 2015.