XML 45 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Postretirement Benefits (Postretirement Benefits [Member])
6 Months Ended
Dec. 31, 2012
Postretirement Benefits [Member]
 
Defined Benefit Plan Disclosure [Line Items]  
Pension And Postretirement Benefits

Note 6 – Postretirement Benefits

We and certain of our operating subsidiaries provide multiple postretirement medical and life insurance benefit plans. We recognize the cost of benefits as the employees render service. Postretirement benefits are funded as incurred.

The following table summarizes the components of net periodic benefit cost for our postretirement plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

December 31,

 

December 31,

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

 

$

 

$

16 

 

$

12 

Interest cost

 

28 

 

 

37 

 

 

56 

 

 

74 

Amortization of unrecognized net gain

 

(5)

 

 

(8)

 

 

(10)

 

 

(16)

Amortization of prior service asset

 

(1)

 

 

(1)

 

 

(2)

 

 

(2)

Net periodic benefit cost

$

30 

 

$

34 

 

$

60 

 

$

68 

 

For the three and six months ended December 31, 2012, we made approximately $32,000 and $54,000 in contributions to our postretirement medical and life insurance benefit plans. We expect to make approximately $0.1 million more in contributions to our postretirement medical and life insurance benefit plans during the remainder of 2013.