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Post-Retirement Benefits
6 Months Ended
Dec. 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

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Service cost

 

$

946

 

 

$

871

 

 

$

1,898

 

 

$

1,768

 

Interest cost

 

 

107

 

 

 

38

 

 

 

214

 

 

 

78

 

Expected return on plan assets

 

 

(213

)

 

 

(175

)

 

 

(428

)

 

 

(356

)

Net amortization

 

 

45

 

 

 

561

 

 

 

150

 

 

 

397

 

Net periodic pension costs

 

$

885

 

 

$

1,295

 

 

$

1,834

 

 

$

1,887

 

 

The Company contributed $1.0 and $1.9 million to the Swiss Plan during the three and six months ended December 31, 2017, respectively, and $0.9 million and $1.8 million during the three and six months ended December 31, 2016, respectively. The Company currently anticipates contributing an additional estimated amount of approximately $1.8 million to the Swiss Plan during the remainder of fiscal year 2018.