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Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2016
Postemployment Benefits [Abstract]  
Components of Net Pension Expense for All Plans

The components of net pension expense for all plans (comprised solely of one domestic plan) were as follows:

 

     Years Ended June 30,  
     2016     2015     2014  

Service cost

   $ 0      $ 0      $ 0   

Interest cost

     65        60        59   

Expected return on assets

     (35     (34     (30

Amortization of prior service cost

     113        100        129   

Settlement cost

     38        0        0   
  

 

 

   

 

 

   

 

 

 

Net pension expense

   $ 181      $ 126      $ 158   
  

 

 

   

 

 

   

 

 

 

Weighted-average assumptions:

      

Discount rate

     4.50     4.50     4.50

Expected return on plan assets

     4.00     4.00     4.00

Rate of compensation increase

     0.00     0.00     0.00
Summary Information for Plans (Comprised Solely of One Domestic Plan)

Summary information for the plans (comprised solely of one domestic plan) is as follows:

 

     2016      2015  

Change in Benefit Obligation:

     

Benefit obligation at beginning of year

   $ 1,476       $ 1,366   

Interest cost

     65         60   

Actuarial loss

     169         117   

Benefits paid

     (127      (67
  

 

 

    

 

 

 

Benefit obligation end of year

   $ 1,583       $ 1,476   
  

 

 

    

 

 

 

Change in Fair Value of Plan Assets:

     

Beginning fair value

   $ 848       $ 816   

Actual return on plan assets

     (23      (13

Employer contribution

     128         112   

Benefits paid

     (127      (67
  

 

 

    

 

 

 

Plan assets at end of year

   $ 826       $ 848   
  

 

 

    

 

 

 

Funded status of the plans

     (757      (628

Unrecognized actuarial loss

     676         600   
  

 

 

    

 

 

 

Prepaid (accrued) benefit cost

   $ (81    $ (28
  

 

 

    

 

 

 

Amounts Recognized in Consolidated Balance Sheets

     

Prepaid (accrued) benefit cost

     (81      (28

Accumulated other comprehensive loss*

     676         600   
  

 

 

    

 

 

 

Net amount recognized

   $ (757    $ (628
  

 

 

    

 

 

 

 

    Accumulated other comprehensive loss represents pretax minimum pension liability adjustments.