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Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2018
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:

 

     2018     2017  

Service cost

   $ 0     $ 0  

Interest cost

     55       54  

Expected return on assets

     (36     (34

Amortization of prior service cost

     125       129  

Settlement cost

     15       0  
  

 

 

   

 

 

 

Net pension expense

   $ 159     $ 149  
  

 

 

   

 

 

 

Weighted-average assumptions:

    

Discount rate

     3.80     3.50

Expected return on plan assets

     4.00     4.00

Rate of compensation increase

     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:

 

     2018      2017  

Change in Benefit Obligation:

     

Benefit obligation at beginning of year

   $ 1,506      $ 1,583  

Interest cost

     55        54  

Actuarial (gain)loss

     (47      (53

Benefits paid

     (94      (78
  

 

 

    

 

 

 

Benefit obligation end of year

   $ 1,420      $ 1,506  
  

 

 

    

 

 

 

Change in Fair Value of Plan Assets:

     

Beginning fair value

   $ 891      $ 826  

Actual return on plan assets

     (2      3  

Employer contribution

     100        140  

Benefits paid

     (94      (78
  

 

 

    

 

 

 

Plan assets at end of year

   $ 895      $ 891  
  

 

 

    

 

 

 

Funded status of the plans

     (525      (615

Unrecognized actuarial loss

     376        525  
  

 

 

    

 

 

 

Prepaid (accrued) benefit cost

   $ (149    $ (90
  

 

 

    

 

 

 

Amounts Recognized in Consolidated Balance Sheets

     

Prepaid (accrued) benefit cost

     (149      (90

Accumulated other comprehensive loss*

     376        525  
  

 

 

    

 

 

 

Net amount recognized

   $ (525    $ (615
  

 

 

    

 

 

 

 

*

Accumulated other comprehensive loss represents minimum pension liability adjustments.