Income Taxes (Tables)

12 Months Ended

Jun. 30, 2016

Income Tax Disclosure [Abstract]

Schedule Of Taxes Based On Income

Taxes based on income from continuing operations for the years ended June 30 have been provided as follows:

	2016			2015		2014
Currently payable:
Federal	$	57,116		$	47,601	$	48,718
State and local	6,502			5,229		4,526
Total current provision	63,618			52,830		53,244
Deferred federal, state and local (benefit) provision	(749		)	36		(951		)
Total taxes based on income	$	62,869		$	52,866	$	52,293

Tax Benefits Recorded Directly To Common Stock

Certain tax benefits recorded directly to common stock for each of the years ended June 30 were as follows:

	2016		2015		2014
Tax benefits recorded directly to common stock	$	1,417	$	563	$	1,020

Reconciliation Of The Effective Income Tax Rate

For the years ended June 30, our effective tax rate varied from the statutory federal income tax rate as a result of the following factors:

	2016		2015		2014
Statutory rate	35.0	%	35.0	%	35.0	%
State and local income taxes	2.3		2.2		2.0
ESOP dividend deduction	(0.4	)	(0.2	)	(0.2	)
Domestic manufacturing deduction for qualified income	(3.0	)	(3.0	)	(3.0	)
Other	0.2		0.2		0.3
Effective rate	34.1	%	34.2	%	34.1	%

Schedule Of Deferred Tax Assets And Liabilities

The tax effect of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at June 30 were comprised of:

	2016			2015
Deferred tax assets:
Inventories	$	1,034		$	1,179
Employee medical and other benefits	12,533			11,135
Receivable and other allowances	5,626			5,652
Other accrued liabilities	1,740			2,229
Total deferred tax assets	20,933			20,195
Deferred tax liabilities:
Property, plant and equipment	(21,573		)	(22,968		)
Intangible assets	(14,555		)	(15,223		)
Goodwill	(6,117		)	(4,869		)
Other	(121		)	(75		)
Total deferred tax liabilities	(42,366		)	(43,135		)
Net deferred tax liability	$	(21,433	)	$	(22,940	)

Cash Payments For Income Taxes

Cash payments for income taxes for each of the years ended June 30 were as follows:

	2016		2015		2014
Cash payments for income taxes	$	62,901	$	43,027	$	37,277

Reconciliation Of Gross Tax Contingency Reserve

The following table sets forth changes in our total gross tax contingency reserve (including interest and penalties):

	2016			2015
Balance, beginning of year	$	1,487		$	963
Tax positions related to the current year:
Additions	54			54
Reductions	—			—
Tax positions related to prior years:
Additions	121			516
Reductions	(63		)	(46		)
Settlements	—			—
Balance, end of year	$	1,599		$	1,487

Net Tax-Related Interest And Penalties Recognized

For each of the years ended June 30, we recognized the change in the accrual for net tax-related interest and penalties as follows:

	2016		2015
Expense recognized for net tax-related interest and penalties	$	92	$	87

Accrued Interest And Penalties

We had accrued interest and penalties at June 30 as follows:

	2016		2015
Accrued interest and penalties included in the gross tax contingency reserve	$	571	$	479