Note 7. Accumulated Other Comprehensive Income

9 Months Ended

Mar. 31, 2019

Accumulated Other Comprehensive Income [Abstract]

Accumulated Comprehensive Income

Accumulated Other Comprehensive Income

During the three months ended March 31, 2019 and 2018, the changes in the balances of each component of Accumulated Other Comprehensive Income, net of tax, were as follows:

Accumulated Other Comprehensive Income
(Amounts in Thousands)	Unrealized Investment Gain (Loss)			Postemployment Benefits Net Actuarial Gain (Loss)			Derivative Gain (Loss)		Accumulated Other Comprehensive Income
Balance at December 31, 2018	$	(20	)	$	1,881		$	—	$	1,861
Other comprehensive income (loss) before reclassifications	20			74			—		94
Reclassification to (earnings) loss	—			(74		)	—		(74		)
Net current-period other comprehensive income (loss)	20			—			—		20
Balance at March 31, 2019	$	—		$	1,881		$	—	$	1,881
Balance at December 31, 2017	$	(37	)	$	1,364		$	—	$	1,327
Other comprehensive income (loss) before reclassifications	(4		)	57			—		53
Reclassification to (earnings) loss	1			(39		)	—		(38		)
Net current-period other comprehensive income (loss)	(3		)	18			—		15
Balance at March 31, 2018	$	(40	)	$	1,382		$	—	$	1,342

During the nine months ended March 31, 2019 and 2018, the changes in the balances of each component of Accumulated Other Comprehensive Income, net of tax, were as follows:

Accumulated Other Comprehensive Income
(Amounts in Thousands)	Unrealized Investment Gain (Loss)			Postemployment Benefits Net Actuarial Gain (Loss)			Derivative Gain (Loss)			Accumulated Other Comprehensive Income
Balance at June 30, 2018	$	(31	)	$	1,854		$	(7	)	$	1,816
Other comprehensive income (loss) before reclassifications	31			251			(9		)	273
Reclassification to (earnings) loss	—			(224		)	16			(208		)
Net current-period other comprehensive income (loss)	31			27			7			65
Balance at March 31, 2019	$	—		$	1,881		$	—		$	1,881
Balance at June 30, 2017	$	(21	)	$	1,136		$	—		$	1,115
Other comprehensive income (loss) before reclassifications	(22		)	375			—			353
Reclassification to (earnings) loss	3			(129		)	—			(126		)
Net current-period other comprehensive income (loss)	(19		)	246			—			227
Balance at March 31, 2018	$	(40	)	$	1,382		$	—		$	1,342

The following reclassifications were made from Accumulated Other Comprehensive Income to the Condensed Consolidated Statements of Income:

Reclassifications from Accumulated Other Comprehensive Income	Three Months Ended						Nine Months Ended						Affected Line Item in the Condensed Consolidated Statements of Income
	March 31,						March 31,
(Amounts in Thousands)	2019			2018			2019			2018
Realized Investment Gain (Loss) on available-for-sale securities (1)	$	—		$	(1	)	$	—		$	(4	)	Non-operating income (expense), net
	—			—			—			1			Benefit (Provision) for Income Taxes
	$	—		$	(1	)	$	—		$	(3	)	Net Income
Postemployment Benefits amortization of actuarial gain (2)	$	—		$	37		$	—		$	124		Cost of Sales
	—			21			—			67			Selling and Administrative Expenses
	100			—			302			—			Non-operating income (expense), net
	(26		)	(19		)	(78		)	(62		)	Benefit (Provision) for Income Taxes
	$	74		$	39		$	224		$	129		Net Income
Derivative Gain (Loss) (3)	$	—		$	—		$	(21	)	$	—		Non-operating income (expense), net
	—			—			5			—			Benefit (Provision) for Income Taxes
	$	—		$	—		$	(16	)	$	—		Net Income
Total Reclassifications for the Period	$	74		$	38		$	208		$	126		Net Income

Amounts in parentheses indicate reductions to income.

(1) See Note 11 - Investments in the Notes to Condensed Consolidated Financial Statements for further information on available-for-sale securities.

(2) See Note 13 - Postemployment Benefits in the Notes to Condensed Consolidated Financial Statements for further information on postemployment benefit plans.

(3) See Note 12 - Derivative Instruments in the Notes to Condensed Consolidated Financial Statements for further information on derivative instruments.