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Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Plan's Funded Status and Pension Cost

The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows:

 

     2018      2017  

Change in benefit obligation

     

Beginning of year

   $ 2,874      $ 2,967  

Service cost

     53        47  

Interest cost

     100        93  

Actuarial gain

     (138      (119

Benefits paid

     (119      (114
  

 

 

    

 

 

 

End of year

   $ 2,770      $ 2,874  
  

 

 

    

 

 

 
Significant Balances, Costs and Assumptions

Significant balances, costs and assumptions are:

 

     Postretirement Plan  
     2018      2017  

Benefit obligation

   $ 2,770      $ 2,874  

Fair value of plan assets

     —          —    
  

 

 

    

 

 

 

Funded status

   $ (2,770    $ (2,874
  

 

 

    

 

 

 

Accumulated benefit obligation

   $ 2,770      $ 2,874  
  

 

 

    

 

 

 

Amounts recognized in the consolidated balance sheets:

     

Accrued benefit cost

   $ 2,770      $ 2,874  
  

 

 

    

 

 

 
Net Periodic Benefit Cost

Components of net periodic benefit cost:

 

     2018      2017  

Service cost

   $ 53      $ 47  

Interest cost

     100        93  

Amortization of prior service credit

     (34      (48

Amortization of transition amount

     —          —    

Amortization of (Gain) or Loss

     31        44  
  

 

 

    

 

 

 
   $ 150      $ 136  
  

 

 

    

 

 

 
Accumulated Other Comprehensive Income Not Yet Recognized

Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of:

 

     2018      2017  

Net loss

   $ 440      $ 609  

Prior service credit

     —          (34
  

 

 

    

 

 

 
   $ 440      $ 575  
  

 

 

    

 

 

 
Other Significant Balances and Costs

Other significant balances and costs are:

 

     2018      2017  

Employer contribution

   $ 119      $ 114  

Benefits paid

     119        114  

Benefit costs

     150        136  

 

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

A one-percentage-point change in assumed health care cost trend rates would have the following effects:

 

     One-
Percentage-

Point
Increase
     One-
Percentage-

Point
Decrease
 

Effect on total of service and interest cost components

   $ 5      $ (4

Effect on postretirement benefit obligation

     25        (23
Postretirement Plan Benefit Payments Expected Future Service

The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2018:

 

2019

   $ 141  

2020

     157  

2021

     168  

2022

     181  

2023

     191  

2024-2028

     963  
Benefit Payments Expected to be Paid for Agreements

The following benefit payments are expected to be paid for these agreements:

 

2019

   $ 67  

2020

     87  

2021

     122  

2022

     140  

2023

     131  

Thereafter

     3,681  
  

 

 

 
   $ 4,228