Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

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:

	2022		2021		2020
Construction in progress in Accounts Payable	$	19,644	$	16,110	$	2,909

Schedule Of Depreciation Expense

The following table sets forth depreciation expense, including finance lease amortization, in each of the years ended June 30:

	2022		2021		2020
Depreciation expense	$	39,799	$	37,172	$	31,604

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:

	2022		2021		2020
Advertising expense as a percentage of net sales	1	%	2	%	2	%

Schedule Of Basic And Diluted Net Income Per Common Share Calculations

Basic and diluted net income per common share were calculated as follows:

	2022		2021		2020
Net income	$	89,586	$	142,332	$	136,983
Net income available to participating securities	(224)		(285)		(278)
Net income available to common shareholders	$	89,362	$	142,047	$	136,705
Weighted average common shares outstanding - basic	27,448		27,475		27,448
Incremental share effect from:
Nonparticipating restricted stock	2		2		2
Stock-settled stock appreciation rights (1)	21		41		46
Performance units	1		—		—
Weighted average common shares outstanding - diluted	27,472		27,518		27,496
Net income per common share - basic	$	3.26	$	5.17	$	4.98
Net income per common share - diluted	$	3.25	$	5.16	$	4.97

(1)Excludes the impact of 0.3 million, 0.1 million and 0.2 million weighted average stock-settled stock appreciation rights outstanding in 2022, 2021 and 2020, respectively, because their effect was antidilutive.

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:

	2022		2021
Accumulated other comprehensive loss at beginning of year	$	(8,253)	$	(12,070)
Defined Benefit Pension Plan Items:
Net (loss) gain arising during the period	(4,388)		4,340
Amortization of unrecognized net loss (1)	428		692
Postretirement Benefit Plan Items: (2)
Net gain arising during the period	359		150
Amortization of unrecognized net gain	(27)		(20)
Amortization of prior service credit	(181)		(181)
Total other comprehensive (loss) income, before tax	(3,809)		4,981
Total tax benefit (expense)	890		(1,164)
Other comprehensive (loss) income, net of tax	(2,919)		3,817
Accumulated other comprehensive loss at end of year	$	(11,172)	$	(8,253)

(1)Included in the computation of net periodic benefit income/cost. See Note 11 for additional information.

(2)Additional disclosures for postretirement benefits are not included as they are not considered material.