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Post-Retirement Benefits
9 Months Ended
Mar. 31, 2019
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. Net periodic pension costs associated with the Swiss Plan included the following ($000):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Service cost

 

$

912

 

 

$

967

 

 

$

2,803

 

 

$

2,865

 

Interest cost

 

 

133

 

 

 

109

 

 

 

409

 

 

 

323

 

Expected return on plan assets

 

 

(239

)

 

 

(218

)

 

 

(735

)

 

 

(646

)

Net amortization

 

 

37

 

 

 

(150

)

 

 

(5

)

 

 

-

 

Net periodic pension costs

 

$

843

 

 

$

708

 

 

$

2,472

 

 

$

2,542

 

 

The Company contributed $0.8 million and $2.4 million to the Swiss Plan during the three and nine months ended March 31, 2019, and $0.9 million and $2.8 million during the three and nine months ended March 31, 2018. The Company currently anticipates contributing an additional estimated amount of approximately $0.8 million to the Swiss Plan during the remainder of fiscal year 2019.