Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2016

Schedule Of Construction In Progress In Accounts Payable

Purchases of property, plant and equipment included in accounts payable and excluded from the property additions and the change in accounts payable in the Consolidated Statements of Cash Flows at June 30 were as follows:



	2016		2015		2014
Construction in progress in accounts payable	$	1,000	$	189	$	2,755

Schedule Of Depreciation Expense

The following table sets forth depreciation expense in each of the years ended June 30:



	2016		2015		2014
Depreciation expense	$	20,114	$	18,867	$	17,419

Schedule Of Advertising Expense As A Percentage Of Net Sales

The following table summarizes advertising expense as a percentage of net sales in each of the years ended June 30:



	2016		2015		2014
Advertising expense as a percentage of net sales	3	%	2	%	2	%

Schedule Of Basic And Diluted Income Per Common Share From Continuing Operations Calculations

Basic and diluted income per common share from continuing operations were calculated as follows:



	2016			2015			2014
Income from continuing operations	$	121,764		$	101,686		$	100,986
Income from continuing operations available to participating securities	(242		)	(143		)	(174		)
Income from continuing operations available to common shareholders	$	121,522		$	101,543		$	100,812

Weighted average common shares outstanding - basic	27,336			27,300			27,264
Incremental share effect from:
Nonparticipating restricted stock	3			3			3
Stock-settled stock appreciation rights	34			24			41
Weighted average common shares outstanding - diluted	27,373			27,327			27,308

Income per common share from continuing operations - basic	$	4.45		$	3.72		$	3.70
Income per common share from continuing operations - diluted	$	4.44		$	3.72		$	3.69

Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Loss

The following table presents the amounts reclassified out of accumulated other comprehensive loss by component:



	2016			2015
Accumulated other comprehensive loss at beginning of year	$	(10,057	)	$	(8,061	)
Defined Benefit Pension Plan Items:
Net loss arising during the period	(4,409		)	(3,408		)
Amortization of unrecognized net loss ⁽¹⁾	539			429
Postretirement Benefit Plan Items:
Net gain (loss) arising during the period ⁽²⁾	209			(155		)
Prior service credit arising during the period ⁽²⁾	1,770			—
Amortization of unrecognized net gain ⁽¹⁾	(34		)	(28		)
Amortization of prior service credit ⁽¹⁾	(126		)	(5		)
Total other comprehensive loss, before tax	(2,051		)	(3,167		)
Total tax benefit	758			1,171
Other comprehensive loss, net of tax	(1,293		)	(1,996		)
Accumulated other comprehensive loss at end of year	$	(11,350	)	$	(10,057	)


(1)	Included in the computation of net periodic benefit income/cost. See Notes 12 and 13 for additional information.


(2)	Includes a negative plan amendment and subsequent remeasurement. See Note 13 for additional information.