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Pension Benefits (Tables)
12 Months Ended
Jun. 30, 2011
Target And Actual Asset Allocations
               

 

 

 

Target

Percentage

of Plan Assets

at June 30

 

 

Actual

Percentage

of Plan Assets

 

 

 

2011

 

2011

 

2010

 

Cash and equivalents

 

       0-10%

 

1%

 

        2%

 

Equity securities

 

    30-70%

 

     50%

 

     54%

 

Fixed income

 

    30-70%

 

     49%

 

     44%

 

     Total

 

 

 

  100%

 

   100%

Summary Of The Fair Values And Levels Within The Fair Value Hierarchy Of Plan Assets
Plans With Benefit Obligations In Excess Of The Fair Value Of Plan Assets

 

 

 

2011

 

      2010

 

Benefit obligations

 

$  33,990

 

$ 38,464

 

Fair value of plan assets at end of year

 

$   31,580

 

$ 30,043

Pension Benefits [Member]
 
Discount Rate

 

 

 

2011

 

2010

 

Weighted-average assumption as of June 30

 

 

 

 

 

Discount rate

 

       5.29%

 

        5.21%

Net Periodic Benefit Costs Assumptions

 

 

 

2011

 

2010

 

2009

 

Discount rate

 

5.21%

 

        6.34%

 

        6.65%

 

Expected long-term return on plan assets

 

7.00%

 

        8.00%

 

        8.00%

Schedule Of Defined Benefit Plans Disclosures

 

 

 

2011

 

2010

 

 

Change in benefit obligation

 

 

 

 

 

 

Benefit obligation at beginning of year

 

$ 38,464

 

$ 34,484

 

 

Service cost

 

 

          45

 

 

Interest cost

 

     1,947

 

     2,118

 

 

Actuarial (gain) loss

 

       (481)

 

     4,192

 

 

Benefits paid

 

    (2,291)

 

  (2,375)

 

 

     Benefit obligation at end of year

 

$ 37,639

 

$     38,464

 

 

Change in plan assets

 

 

 

 

 

Fair value of plan assets at beginning of year

 

$ 30,043

 

$     27,738

 

Actual return on plan assets

 

     5,802

 

     3,878

 

Employer contributions

 

     1,792

 

        802

 

Benefits paid

 

    (2,291)

 

       (2,375)

 

     Fair value of plan assets at end of year

 

$ 35,346

 

$     30,043

 

Reconciliation of funded status

 

 

 

 

 

     Net accrued benefit cost

 

$ (2,293)

 

$     (8,421)

 

Amounts recognized in the consolidated balance sheets consist of

 

 

 

 

 

Prepaid benefit cost (noncurrent assets)

 

$      117

 

 

Accrued benefit liability (noncurrent liabilities)

 

    (2,410)

 

       (8,421)

 

     Net amount recognized

 

$ (2,293)

 

$  (8,421)

 

Accumulated benefit obligation

 

$ 37,639

 

$ 38,464

Amounts Recognized In Accumulated Other Comprehensive Loss

 

 

 

        2011

 

2010

 

Net actuarial loss

 

$     11,945

 

$ 16,747

 

Net transition asset

 

    (2)

 

       (3)

 

Income taxes

 

       (4,413)

 

  (6,296)

 

     Total

 

$  7,530

 

$ 10,448

Amounts In Accumulated Other Comprehensive Loss Expected To Be Recognized As Components Of Net Periodic Benefit Cost During Next Fiscal Year

 

 

 

      2012

 

Net actuarial loss

 

  $    355

 

Net transition asset

 

           (1)

 

     Total

 

  $    354

Components Of Net Periodic Benefit Cost

 

 

 

2011

 

2010

 

2009

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

Service cost

 

 

$         45

 

$    117

 

Interest cost

 

   1,947

 

     2,118

 

   2,170

 

Expected return on plan assets

 

  (2,027)

 

    (2,150)

 

  (2,263)

 

Curtailment charges

 

 

         349

 

       331

 

Amortization of unrecognized net loss

 

       546

 

         496

 

       327

 

Amortization of prior service cost

 

 

             5

 

         75

 

Amortization of unrecognized net (asset)

    obligation existing at transition    

 

 

         (1)

 

 

            (1)

 

 

           2

 

    Net periodic benefit cost

 

$    465

 

$      862

 

$    759

Benefit Payments Estimated For Future Years

 

2012

 

$  2,193

 

2013

 

$  2,196

 

2014

 

$  2,180

 

2015

 

$  2,166

 

2016

 

$  2,199

 

2017 – 2021

 

$12,337