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Employee Benefit Plans (Tables)
 12 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
Obligations and Funded Status of Pension Plan
Obligations and Funded Status 
 
 
Farmer Bros. Plan
June 30,
 
Brewmatic Plan
June 30,
 
Hourly Employees’ Plan
June 30,
($ in thousands)
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Change in projected benefit obligation
 
 
 
 
 
 
 
 
 
 
 
 
Benefit obligation at the beginning of the year
 
$
152,325

 
$
136,962

 
$
4,574

 
$
4,064

 
$
4,329

 
$
3,145

Service cost
 
—

 
—

 
—

 
—

 
124

 
389

Interest cost
 
5,277

 
5,875

 
157

 
172

 
152

 
137

Actuarial (gain) loss
 
(4,556
)
 
15,999

 
(370
)
 
682

 
(233
)
 
687

Benefits paid
 
(6,755
)
 
(6,511
)
 
(282
)
 
(344
)
 
(43
)
 
(29
)
Projected benefit obligation at the end of the year
 
$
146,291

 
$
152,325

 
$
4,079

 
$
4,574

 
$
4,329

 
$
4,329

Change in plan assets
 
 
 
 
 
 
 
 
 
 
 
 
Fair value of plan assets at the beginning of the year
 
$
91,201

 
$
94,815

 
$
2,989

 
$
3,291

 
$
2,447

 
$
2,104

Actual return on plan assets
 
10,874

 
1,556

 
337

 
42

 
256

 
85

Employer contributions
 
1,984

 
1,341

 
71

 
—

 
339

 
287

Benefits paid
 
(6,755
)
 
(6,511
)
 
(282
)
 
(344
)
 
(43
)
 
(29
)
Fair value of plan assets at the end of the year
 
$
97,304

 
$
91,201

 
$
3,115

 
$
2,989

 
$
2,999

 
$
2,447

Funded status at end of year (underfunded) overfunded
 
$
(48,987
)
 
$
(61,124
)
 
$
(964
)
 
$
(1,585
)
 
$
(1,330
)
 
$
(1,882
)
Amounts recognized in consolidated balance sheets
 
 
 
 
 
 
 
 
 
 
 
 
Non-current liabilities
 
(48,987
)
 
(61,124
)
 
(964
)
 
(1,585
)
 
(1,330
)
 
(1,882
)
Total
 
$
(48,987
)
 
$
(61,124
)
 
$
(964
)
 
$
(1,585
)
 
$
(1,330
)
 
$
(1,882
)
Amounts recognized in AOCI
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
59,007

 
70,246

 
2,135

 
2,756

 
618

 
988

Total AOCI (not adjusted for applicable tax)
 
$
59,007

 
$
70,246

 
$
2,135

 
$
2,756

 
$
618

 
$
988

Weighted average assumptions used to determine benefit obligations
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
 
3.80
%
 
3.55
%
 
3.80
%
 
3.55
%
 
3.80
%
 
3.55
%
Rate of compensation increase
 
N/A

 
N/A

 
N/A

 
N/A

 
N/A

 
N/A
Schedule of Allocation of Plan Assets
The following is the target asset allocation for the Company's single employer pension plans—Farmer Bros. Plan, Brewmatic Plan and Hourly Employees' Plan—for fiscal 2018:
 
Fiscal 2018
U.S. large cap equity securities
40.0
%
U.S. small cap equity securities
4.8
%
International equity securities
19.2
%
Debt securities
30.0
%
Real estate
6.0
%
Total
100.0
%
Additional Disclosures
 
 
Farmer Bros. Plan
June 30,
 
Brewmatic Plan
June 30,
 
Hourly Employees’ Plan
June 30,
($ in thousands)
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Comparison of obligations to plan assets
 
 
 
 
 
 
 
 
 
 
 
 
Projected benefit obligation
 
$
146,291

 
$
152,325

 
$
4,079

 
$
4,574

 
$
4,329

 
$
4,329

Accumulated benefit obligation
 
$
146,291

 
$
152,325

 
$
4,079

 
$
4,574

 
$
4,329

 
$
4,329

Fair value of plan assets at measurement date
 
$
97,304

 
$
91,201

 
$
3,115

 
$
2,989

 
$
2,999

 
$
2,447

Plan assets by category
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
65,270

 
$
58,094

 
$
2,133

 
$
1,909

 
$
1,973

 
$
1,542

Debt securities
 
26,241

 
27,586

 
793

 
899

 
851

 
758

Real estate
 
5,793

 
5,521

 
189

 
181

 
175

 
147

Total
 
$
97,304

 
$
91,201

 
$
3,115

 
$
2,989

 
$
2,999

 
$
2,447

Plan assets by category
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
67
%
 
64
%
 
69
%
 
64
%
 
66
%
 
63
%
Debt securities
 
27
%
 
30
%
 
25
%
 
30
%
 
28
%
 
31
%
Real estate
 
6
%
 
6
%
 
6
%
 
6
%
 
6
%
 
6
%
Total
 
100.0
%
 
100.0
%
 
100
%
 
100
%
 
100
%
 
100
%

Fair values of plan assets were as follows:
 
 
 
 
June 30, 2017
(In thousands)
 
Total
 
Level 1
 
Level 2
 
Level 3
Farmer Bros. Plan
 
$
97,304

 
$
—

 
$
97,304

 
$
—

Brewmatic Plan
 
$
3,115

 
$
—

 
$
3,115

 
$
—

Hourly Employees’ Plan
 
$
2,999

 
$
—

 
$
2,999

 
$
—

 
 
June 30, 2016
(In thousands)
 
Total
 
Level 1
 
Level 2
 
Level 3
Farmer Bros. Plan
 
$
91,201

 
$
—

 
$
91,201

 
$
—

Brewmatic Plan
 
$
2,989

 
$
—

 
$
2,989

 
$
—

Hourly Employees’ Plan
 
$
2,447

 
$
—

 
$
2,447

 
$
—
Schedule of Expected Benefit Payments
The estimated net gain and prior service credit that will be amortized from AOCI into net periodic benefit cost in fiscal 2018 are $0.8 million and $1.8 million, respectively. 
(In thousands)
 
Estimated Future Benefit Payments:
 
Year Ending:
 
June 30, 2018
$
911

June 30, 2019
$
956

June 30, 2020
$
1,004

June 30, 2021
$
1,049

June 30, 2022
$
1,082

June 30, 2023 to June 30, 2027
$
5,830

 
 
Expected Contributions:
 
June 30, 2018
$
911

The following benefit payments are expected to be paid over the next 10 fiscal years:
(In thousands)
 
Farmer Bros. Plan
 
Brewmatic Plan
 
Hourly Employees’
Plan
Year Ending:
 
 
June 30, 2018
 
$
7,490

 
$
310

 
$
100

June 30, 2019
 
$
7,650

 
$
290

 
$
110

June 30, 2020
 
$
7,930

 
$
280

 
$
130

June 30, 2021
 
$
8,130

 
$
280

 
$
150

June 30, 2022
 
$
8,330

 
$
270

 
$
160

June 30, 2023 to June 30, 2027
 
$
42,660

 
$
1,220

 
$
990
Schedule of Multiemployer Plans
Company contributions to the multiemployer pension plans:
(In thousands)
 
WCTPP(1)(2)(3)
 
All Other Plans(4)
Year Ended:
 
 
 
 
June 30, 2017
 
$
2,114

 
$
39

June 30, 2016
 
$
2,587

 
$
39

June 30, 2015
 
$
3,593

 
$
41

____________
(1)
Individually significant plan.
(2)
Less than 5% of total contribution to WCTPP based on WCTPP's FASB Disclosure Statement for the calendar year ended December 31, 2016.
(3)
The Company guarantees that one hundred seventy-three (173) hours will be contributed upon for all employees who are compensated for all available straight time hours for each calendar month. An additional 6.5% of the basic contribution must be paid for PEER or the Program for Enhanced Early Retirement.
(4)
Includes one plan that is not individually significant.
The Company's participation in WCTPP is outlined in the table below. The Pension Protection Act (“PPA”) Zone Status available in the Company's fiscal year 2017 and fiscal year 2016 is for the plan's year ended December 31, 2016 and December 31, 2015, respectively. The zone status is based on information obtained from WCTPP and is certified by WCTPP's actuary. Among other factors, plans in the green zone are generally more than 80% funded. Based on WCTPP's 2016 Annual Funding Notice, WCTPP was 91.7% and 91.8% funded for its plan year beginning January 1, 2016 and 2015, respectively, and is expected to be 90.0% funded for its plan year beginning January 1, 2017. The “FIP/RP Status Pending/Implemented” column indicates if a funding improvement plan (“FIP”) or a rehabilitation plan (“RP”) is either pending or has been implemented.
 
Pension Plan
 
Employer
Identification
Number
 
Pension
Plan 
Number
 
PPA Zone Status
 
FIP/RP
Status 
Pending/
Implemented
 
Surcharge
Imposed 
 
Expiration Date
of Collective
Bargaining
Agreements
 
 
July 1, 2016
 
July 1,
2015
 
 
Western Conference of Teamsters Pension Plan
 
91-6145047
 
001
 
Green
 
Green
 
No
 
No
 
January 31, 2020
Schedule of Net Benefit Costs
The following table shows the components of net periodic postretirement benefit cost for the Retiree Medical Plan and Death Benefit for the fiscal years ended June 30, 2017, 2016 and 2015. Net periodic postretirement benefit cost for fiscal 2017 was based on employee census information as of June 30, 2017. 
 
 
Year Ended June 30,
(In thousands)
 
2017
 
2016
 
2015
Components of Net Periodic Postretirement Benefit Cost (Credit):
 
 
 
 
 
 
Service cost
 
$
760

 
$
1,388

 
$
1,195

Interest cost
 
829

 
1,194

 
943

Amortization of net gain
 
(630
)
 
(196
)
 
(500
)
Amortization of prior service credit
 
(1,757
)
 
(1,757
)
 
(1,757
)
Net periodic postretirement benefit (credit) cost
 
$
(798
)
 
$
629

 
$
(119
)
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
Components of Net Periodic Benefit Cost and
Other Changes Recognized in Other Comprehensive Income (Loss) (OCI) 

 
 
Farmer Bros. Plan
June 30,
 
Brewmatic Plan
June 30,
 
Hourly Employees’ Plan
June 30,
($ in thousands)
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
—

 
$
—

 
$
—

 
$
—

 
$
124

 
$
389

Interest cost
 
5,277

 
5,875

 
157

 
172

 
152

 
137

Expected return on plan assets
 
(6,067
)
 
(6,470
)
 
(188
)
 
(219
)
 
(172
)
 
(149
)
Amortization of net loss
 
1,875

 
1,411

 
102

 
68

 
53

 
—

Net periodic benefit cost
 
$
1,085

 
$
816

 
$
71

 
$
21

 
$
157

 
$
377

Other changes recognized in OCI
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(9,363
)
 
$
20,913

 
$
(519
)
 
$
859

 
$
(317
)
 
$
750

Amortization of net loss
 
(1,875
)
 
(1,411
)
 
(102
)
 
(68
)
 
(53
)
 
—

Total recognized in OCI
 
$
(11,238
)
 
$
19,502

 
$
(621
)
 
$
791

 
$
(370
)
 
$
750

Total recognized in net periodic benefit cost and OCI
 
$
(10,153
)
 
$
20,318

 
$
(550
)
 
$
812

 
$
(213
)
 
$
1,127

Weighted-average assumptions used to determine net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
 
3.55
%
 
4.40
%
 
3.55
%
 
4.40
%
 
3.55
%
 
4.40
%
Expected long-term return on plan assets
 
7.75
%
 
7.50
%
 
7.75
%
 
7.50
%
 
7.75
%
 
7.50
%
Rate of compensation increase
 
N/A

 
N/A

 
N/A

 
N/A

 
N/A

 
N/A

The following tables provide a reconciliation of the benefit obligation and plan assets: 
 
 
Year Ended June 30,
(In thousands)
 
2017
 
2016
Change in Benefit Obligation:
 
 
 
 
Projected postretirement benefit obligation at beginning of year
 
$
21,867

 
$
24,522

Service cost
 
760

 
1,388

Interest cost
 
829

 
1,194

Participant contributions
 
741

 
795

Actuarial losses
 
(2,377
)
 
(4,259
)
Benefits paid
 
(1,140
)
 
(1,773
)
Projected postretirement benefit obligation at end of year
 
$
20,680

 
$
21,867

 
 
 
Year Ended June 30,
(In thousands)
 
2017
 
2016
Change in Plan Assets:
 
 
 
 
Fair value of plan assets at beginning of year
 
$
—

 
$
—

Employer contributions
 
399

 
978

Participant contributions
 
741

 
795

Benefits paid
 
(1,140
)
 
(1,773
)
Fair value of plan assets at end of year
 
$
—

 
$
—

Projected postretirement benefit obligation at end of year
 
20,680

 
21,867

Funded status of plan
 
$
(20,680
)
 
$
(21,867
)
 
 
 
June 30,
(In thousands)
 
2017
 
2016
Amounts Recognized in the Consolidated Balance Sheets Consist of:
 
 
 
 
Non-current assets
 
$
—

 
$
—

Current liabilities
 
(893
)
 
(1,060
)
Non-current liabilities
 
(19,787
)
 
(20,807
)
Total
 
$
(20,680
)
 
$
(21,867
)
 
 
 
Year Ended June 30,
(In thousands)
 
2017
 
2016
Amounts Recognized in AOCI Consist of:
 
 
 
 
Net gain
 
$
(8,775
)
 
$
(7,027
)
Prior service credit
 
(10,450
)
 
(12,207
)
Total AOCI
 
$
(19,225
)
 
$
(19,234
)
 
 
Year Ended June 30,
(In thousands)
 
2017
 
2016
Other Changes in Plan Assets and Benefit Obligations Recognized in OCI:
 
 
 
 
Unrecognized actuarial loss
 
$
(2,377
)
 
$
(4,259
)
Amortization of net loss
 
630

 
196

Amortization of prior service cost
 
1,757

 
1,757

Total recognized in OCI
 
10

 
(2,306
)
Net periodic benefit (cost) credit
 
(798
)
 
629

Total recognized in net periodic benefit cost and OCI
 
$
(788
)
 
$
(1,677
)
Postretrement Prior Service Cost
The tables below show the remaining bases for the transition (asset) obligation, prior service cost (credit), and the calculation of the amortizable gain or loss. 
Amortization Schedule
 
 
Transition (Asset) Obligation: The transition (asset) obligations have been fully amortized.
Prior service cost (credit)-Medical only ($ in thousands): 
Date Established
 
Balance at
July 1, 2016
 
Annual
Amortization
 
Years Remaining
 
Curtailment
 
Balance at
June 30, 2017
January 1, 2008
 
$
(732
)
 
$
230

 
2.2
 
—

 
$
(502
)
July 1, 2012
 
(11,475
)
 
1,526

 
6.5
 
—

 
(9,949
)
 
 
$
(12,207
)
 
$
1,756

 
 
 
 
 
$
(10,451
)

 
 
Retiree Medical Plan
 
Death Benefit
 
 
Year Ended June 30,
 
Year Ended June 30,
($ in thousands)
 
2017
 
2016
 
2017
 
2016
Amortization of Net (Gain) Loss:
 
 
 
 
 
 
 
 
Net (gain) loss as of July 1
 
$
(10,298
)
 
$
(8,710
)
 
$
1,523

 
$
690

Net (gain) loss subject to amortization
 
(10,298
)
 
(8,710
)
 
1,523

 
690

Corridor (10% of greater of APBO or assets)
 
1,214

 
1,724

 
(854
)
 
(729
)
Net (gain) loss in excess of corridor
 
$
(9,084
)
 
$
(6,986
)
 
$
669

 
$
—

Amortization years
 
9.7

 
10.0

 
7.0

 
7.7
Schedule of Effect of 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 in fiscal 2018: 
 
 
1-Percentage Point
(In thousands)
 
Increase
 
Decrease
Effect on total of service and interest cost components
 
$
96

 
$
(92
)
Effect on accumulated postretirement benefit obligation
 
$
983

 
$
(963
)