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Pension and retirement plans (Tables)
6 Months Ended
Dec. 31, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Components of net periodic pension costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarters Ended

 

Six Months Ended

 

    

December 31,

    

January 2,

    

December 31,

    

January 2,

 

 

2016

 

2016

 

2016

 

2016

 

 

(Thousands)

Service cost

 

$

10,848

 

$

9,935

 

$

21,696

 

$

20,421

Interest cost

 

 

3,774

 

 

5,328

 

 

7,548

 

 

10,656

Expected return on plan assets

 

 

(10,588)

 

 

(10,071)

 

 

(21,176)

 

 

(20,142)

Recognized net actuarial loss

 

 

3,851

 

 

3,183

 

 

7,702

 

 

6,366

Amortization of prior service credits

 

 

(393)

 

 

(393)

 

 

(786)

 

 

(786)

Net periodic pension cost

 

$

7,492

 

$

7,982

 

$

14,984

 

$

16,515