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Employee Benefit Plans (Tables)
 12 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Obligations and Funded Status of Pension Plan
Obligations and Funded Status 
 Farmer Bros. Plan
As of June 30,		Hourly Employees’ Plan
As of June 30,		Total
($ in thousands)202220212022202120222021
Change in projected benefit obligation
Benefit obligation at the beginning of the year$129,091 $133,326 $5,070 $5,086 $134,161 $138,412 
Interest cost3,262 3,309 129 128 3,391 3,437 
Actuarial gain(23,646)(1,437)(1,067)(6)(24,713)(1,443)
Benefits paid(6,199)(6,107)(181)(138)(6,380)(6,245)
Projected benefit obligation at the end of the year$102,508 $129,091 $3,951 $5,070 $106,459 $134,161 
Change in plan assets
Fair value of plan assets at the beginning of the year$90,508 $75,904 $4,603 $3,915 $95,111 $79,819 
Actual return on plan assets(11,371)17,648 (574)826 (11,945)18,474 
Employer contributions1,312 3,063 — — 1,312 3,063 
Benefits paid(6,199)(6,107)(181)(138)(6,380)(6,245)
Fair value of plan assets at the end of the year$74,250 $90,508 $3,848 $4,603 $78,098 $95,111 
Funded status at end of year (underfunded)$(28,258)$(38,583)$(103)$(467)$(28,361)$(39,050)
Amounts recognized in consolidated balance sheets
Noncurrent liabilities(28,258)(38,583)(103)(467)(28,361)(39,050)
Total$(28,258)$(38,583)$(103)$(467)$(28,361)$(39,050)
Amounts recognized in AOCI
Net loss36,818 45,716 173 453 36,991 46,169 
Total accumulated OCI (not adjusted for applicable tax)$36,818 $45,716 $173 $453 $36,991 $46,169 
Weighted average assumptions used to determine benefit obligations
Discount rate4.50 %2.60 %4.50 %2.60 %4.50 %2.60 %
Rate of compensation increaseN/AN/AN/AN/AN/AN/A
Schedule of Allocation of Plan Assets
Additional Disclosures
 Farmer Bros. Plan
June 30,		Hourly Employees’ Plan
June 30,		Total
($ in thousands)202220212022202120222021
Comparison of obligations to plan assets
Projected benefit obligation$102,508 $129,091 $3,951 $5,070 $106,459 $134,161 
Accumulated benefit obligation102,508 129,091 3,951 5,070 106,459 134,161 
Fair value of plan assets at measurement date74,250 90,508 3,848 4,603 78,098 95,111 
Plan assets by category
Equity securities46,121 58,089 755 2,958 46,87661,047 
Debt securities21,891 27,311 3,093 1,394 24,98428,705 
Real estate6,238 5,108 — 251 6,2385,359 
Total$74,250 $90,508 $3,848 $4,603 $78,098 $95,111 
Plan assets by category
Equity securities62.1 %64.2 %19.6 %64.2 %60.0 %64.2 %
Debt securities29.5 %30.2 %80.4 %30.3 %32.0 %30.2 %
Real estate8.4 %5.6 %— %5.6 %8.0 %5.6 %
Total100 %100 %100 %100 %100 %100 %
Fair values of plan assets were as follows:
As of June 30, 2022
(In thousands)TotalLevel 1Level 2Level 3Investments measured at NAV
Farmer Bros. Plan$74,250 $— $— $— $74,250 
Hourly Employees’ Plan3,848 — — — 3,848 
As of June 30, 2021
(In thousands)TotalLevel 1Level 2Level 3Investments measured at NAV
Farmer Bros. Plan$90,508 $— $— $— $90,508 
Hourly Employees’ Plan4,603 — — — 4,603 
The following is the target asset allocation for the Company's single employer pension plans— Farmer Bros. Plan and Hourly Employees' Plan—for fiscal 2023:
 Fiscal 2023
U.S. large cap equity securities38.9 %
U.S. small cap equity securities3.3 %
International equity securities17.8 %
Debt securities32.0 %
Real Asset8.0 %
Total100.0 %
Schedule of Expected Benefit Payments
The following benefit payments are expected to be paid over the next 10 fiscal years:
(In thousands)Farmer Bros. PlanHourly Employees’ Plan
Year Ending:
June 30, 2023$7,210 $220 
June 30, 20247,060 210 
June 30, 20257,190 220 
June 30, 20267,200 220 
June 30, 20277,250 230 
June 30, 2028 to June 30, 203235,130 1,220 
(In thousands)
Estimated Future Benefit Payments: 
Year Ending:
June 30, 2023$56 
June 30, 202458 
June 30, 202561 
June 30, 202663 
June 30, 202764 
June 30, 2028 to June 30, 2031320 
Expected Contributions:
June 30, 2023$56 
Schedule of Multiemployer Plans
Contributions made by the Company to the multiemployer pension plans were as follows:
(In thousands)WCTPP(1)(2)(3)All Other Plans
Year Ended:
June 30, 2022$961 $29 
June 30, 20211,049 33 
June 30, 20201,685 34 
____________
(1)Individually significant plan.
(2)Less than 5% of total contribution to WCTPP based on WCTPP's FASB Disclosure Statement
(3)The Company guarantees that one hundred seventy-three (173) hours will be contributed upon for all employees who are compensated for all available straight time hours for each calendar month. An additional 6.5% of the basic contribution must be paid for PEER or the Program for Enhanced Early Retirement.
Schedule of Net Benefit Costs
The following table shows the components of net periodic postretirement benefit cost for the Retiree Medical Plan and Death Benefit Plan for the fiscal years ended June 30, 2022, 2021 and 2020. Net periodic postretirement benefit cost for fiscal 2022 was based on employee census information as of June 30, 2022. 
Year Ended June 30,
(In thousands)202220212020
Components of Net Periodic Postretirement Benefit Cost (Credit):
Service cost$— $19 $446 
Interest cost27 293 725 
Amortization of net gain11 (5,296)(3,067)
Curtailment credit - Retiree Medical— — (5,750)
Amortization of prior service credit— (8,961)(5,666)
Settlement credit - Retiree Medical— (6,669)— 
Net periodic postretirement benefit (credit) cost$38 $(20,614)$(13,312)
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,		Hourly Employees’ Plan June 30,Total
($ in thousands)202220212020202220212020202220212020
Components of net periodic benefit cost
Interest cost3,262 3,309 4,084 129 128 152 3,391 3,437 4,236 
Expected return on plan assets(4,734)(3,959)(4,174)(214)(192)(232)(4,948)(4,151)(4,406)
Amortization of net loss1,356 1,987 1,475 — 23 4 1,356 2,010 1,479 
Net periodic benefit cost$(116)$1,337 $1,385 $(85)$(41)$(76)$(201)$1,296 $1,309 
Other changes recognized in OCI
Net (gain) loss (1)$(7,542)$(15,127)14,225 (279)(640)554 (7,821)(15,767)14,779 
Amortization of net loss(1,356)(1,987)(1,475)— (23)(4)(1,356)(2,010)(1,479)
Total recognized in other comprehensive income$(8,898)$(17,114)$12,750 $(279)$(663)$550 $(9,177)$(17,777)$13,300 
Total recognized in net periodic benefit cost and OCI$(9,014)$(15,777)$14,135 $(364)$(704)$474 (9,378)(16,481)14,609 
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate2.60 %2.55 %3.45 %2.60 %2.55 %3.45 %2.60 %2.55 %3.45 %
Expected long-term return on plan assets6.25 %6.25 %6.75 %6.50 %6.25 %6.75 %6.38 %6.25 %6.75 %
Rate of compensation increaseN/AN/AN/AN/AN/AN/AN/AN/AN/A
(1) Net gain for fiscal year ended June 30, 2022 and 2021 was primarily due to plan assets returns. Net loss for fiscal year ended June 30, 2020 was primarily due to decline in interest rate, and to a less extent decline in plan assets returns.
The following tables provide a reconciliation of the benefit obligation and plan assets for the Retiree Medical Plan, Death Benefit Plan and Executive Death Benefit Plan:
 As of June 30,
(In thousands)20222021
Change in Benefit Obligation:
Projected postretirement benefit obligation at beginning of year$1,012 $10,739 
Service cost— 19 
Interest cost27 293 
Participant contributions— 233 
Actuarial (gains) losses(195)151 
Termination of benefits — (9,290)
Benefits paid— (1,133)
Projected postretirement benefit obligation at end of year$844 $1,012 
 
 Year Ended June 30,
(In thousands)20222021
Change in Plan Assets:
Fair value of plan assets at beginning of year$— $— 
Employer contributions— 1,068 
Participant contributions— 232 
Settlements— (167)
Benefits paid— (1,133)
Fair value of plan assets at end of year$— $— 
Projected postretirement benefit obligation at end of year844 1,012 
Funded status of plan$(844)$(1,012)
 
 June 30,
(In thousands)20222021
Amounts Recognized in the Consolidated Balance Sheets Consist of:
Current liabilities$(57)$(52)
Noncurrent liabilities(787)(960)
Total$(844)$(1,012)