Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2013

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Summary of changes in benefit obligations, plan assets and funded status for the post employment plans

The following table sets forth the changes in benefit obligations and plan assets during the year and the funded status for the postemployment plans at June 30:

	Pension Benefits						Retiree Health Care Benefits
	2013			2012			2013			2012
Change in benefit obligation:
Benefit obligation at beginning of the year	$	47,151		$	53,490		$	5,148		$	4,667
Service cost	78			289			80			30
Interest cost	1,260			2,047			188			237
Plan participants’ contributions	—			—			65			47
Benefits paid	(6,183		)	(4,144		)	(254		)	(256		)
Amendments	(17		)	150			(1,788		)	—
Actuarial (gain) loss during year	(1,625		)	4,179			280			423
Curtailment	—			(8,860		)	—			—
Benefit obligation at end of year	$	40,664		$	47,151		$	3,719		$	5,148
Change in plan assets:
Fair value of plan assets at beginning of year	$	6,439		$	6,056		$	—		$	—
Actual gain (loss) on plan assets	424			(30		)	—			—
Employer contributions	6,017			4,557			189			209
Plan participants’ contributions	—			—			65			47
Benefits paid	(6,183		)	(4,144		)	(254		)	(256		)
Fair value of plan assets at end of year	$	6,697		$	6,439		$	—		$	—
Funded status at end of year	$	(33,967	)	$	(40,712	)	$	(3,719	)	$	(5,148	)

The amounts recognized in the consolidated balance sheets and in accumulated other comprehensive income (loss) for the postemployment plans were as follows:

	Pension Benefits						Retiree Health Care Benefits
June 30,	2013			2012			2013		2012
Amounts recognized in the consolidated balance sheets:
Other current liabilities	$	6,666		$	6,018		$	220	$	220
Postemployment benefits	27,301			34,694			3,499		4,928
Net amount recognized	$	33,967		$	40,712		$	3,719	$	5,148
Amounts recognized in accumulated other comprehensive income (loss):
Net actuarial (loss) gain	$	(7,732	)	$	(10,112	)	$	65	$	398
Prior service cost	(196		)	(279		)	1,760		(135		)
Total amounts recognized in accumulated other comprehensive (loss) income	$	(7,928	)	$	(10,391	)	$	1,825	$	263

Information for pension plans with projected benefit obligations in excess of plan assets

The following table provides information for pension plans with projected benefit obligations and accumulated benefit obligations in excess of plan assets:

	Pension Benefits
June 30,	2013		2012
Projected benefit obligations	$	40,664	$	47,151
Accumulated benefit obligations	40,664		47,151
Fair value of plan assets	6,697		6,439

Net periodic costs

The net periodic costs are as follows:

	Pension Benefits									Retiree Health Care Benefits
Year Ended June 30,	2013			2012			2011			2013			2012			2011
Service cost	$	78		$	289		$	460		$	80		$	30		$	39
Interest cost	1,260			2,047			2,232			188			237			235
Expected return on plan assets	(403		)	(396		)	(385		)	—			—			—
Recognized net actuarial loss (gain)	735			644			1,449			(53		)	(72		)	(83		)
Amortization of prior service cost	83			412			710			107			139			139
Recognition of prior service cost upon plan curtailment	—			3,117			—			—			—			—
Net periodic cost	$	1,753		$	6,113		$	4,466		$	322		$	334		$	330

Weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost

The weighted-average actuarial assumptions used to determine benefit obligations and net periodic benefit cost for the plans were as follows:

	Pension Benefits				Retiree Health Care Benefits
June 30,	2013		2012		2013		2012
Assumptions used to determine benefit obligations at year end:
Discount rate	3.0	%	2.8	%	4.0	%	4.0	%
Assumptions used to determine net periodic benefit cost:
Discount rate	2.8	%	3.5	%	4.0	%	5.5	%
Expected return on plan assets	7.0	%	7.5	%	N/A		N/A
Rate of compensation increase	N/A		5.5	%	N/A		N/A

One-Percentage Point Change in Assumed Health Care Cost Trend Rates

A one-percentage point change in the assumed health care cost trend rates would have had the following effects as of June 30, 2013 and for the year then ended:

	One-Percentage Point
	Increase		Decrease
Effect on total service and interest cost components of periodic expense	$	59	$	(47	)
Effect on postretirement benefit obligation	339		(295		)

Defined Benefit Plan Asset Information

Following are the fair values and target allocation as of June 30:

	Target Allocation		Fair Value
			2013		2012
Asset Class:
Equity securities (Level 1)	40 – 70%		$	3,189	$	3,735
Debt securities (Level 2)	20 – 50%		3,208		2,382
Other	0 – 20%		300		322
Total	100	%	$	6,697	$	6,439

Estimated future benefit payments

The following benefit payments, which reflect expected future service, as applicable, are expected to be paid in each of the next five years and in the aggregate for the subsequent five years:

During Fiscal Years	Pension Benefits		Retiree Health Care Benefits
2014	$	7,000	$	250
2015	6,700		230
2016	5,600		250
2017	1,800		330
2018	2,300		400
2019 through 2023	12,500		1,470