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Post-Retirement Benefits
9 Months Ended
Mar. 31, 2017
Compensation And Retirement Disclosure [Abstract]  
Post-Retirement Benefits

Note 14.

Post-Retirement Benefits

The Company has a pension plan (the “Swiss Plan”) covering employees of the Zurich, Switzerland subsidiary. Net periodic pension costs associated with the Swiss Plan included the following ($000):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Service cost

 

$

874

 

 

$

658

 

 

$

2,642

 

 

$

1,978

 

Interest cost

 

 

39

 

 

 

107

 

 

 

117

 

 

 

321

 

Expected return on plan assets

 

 

(176

)

 

 

(269

)

 

 

(532

)

 

 

(810

)

Net amortization

 

 

(189

)

 

 

(22

)

 

 

208

 

 

 

41

 

Net periodic pension costs

 

$

548

 

 

$

474

 

 

$

2,435

 

 

$

1,530

 

 

The Company contributed $0.8 million and $2.6 million to the Swiss Plan during the three and nine months ended March 31, 2017, respectively, and $0.5 million and $1.5 million during the three and nine months ended March 31, 2016, respectively. The Company currently anticipates contributing an additional estimated amount of approximately $1.0 million to the Swiss Plan during the remainder of fiscal year 2017.