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Pensions And Other Postretirement Benefits (Tables)
12 Months Ended
Jun. 30, 2013
Pensions And Other Postretirement Benefits [Abstract]  
Schedule Of Obligations And Funded Status
    June 30,  
    2013     2012  
    (Dollars in thousands)  
Change in benefit obligation:            
Benefit obligation at beginning of year $ 4,652   $ 4,768  
Service cost   3     13  
Interest cost   189     221  
Actuarial (gain) loss   136     524  
Foreign currency exchange rate change   212     (641 )
Benefits paid   (225 )   (233 )
Benefit obligation at end of year $ 4,967   $ 4,652  
Change in plan assets:            
Fair value of plan assets at beginning of year $ 2,097   $ 2,587  
Actual return on plan assets   37     30  
Employer contributions   32     34  
Benefits paid   (209 )   (217 )
Foreign currency exchange rate change   95     (337 )
Fair value of plan assets at end of year $ 2,052   $ 2,097  
 
Funded status at end of year $ (2,915 ) $ (2,555 )
Schedule Of Amounts Recognized In The Consolidated Balance Sheets
    June 30,  
    2013     2012  
    (Dollars in thousands)  
 
Pension liability - current liabilities $ (14 ) $ (14 )
Pension liability - non-current liabilities   (2,901 )   (2,541 )
Total pension liability $ (2,915 ) $ (2,555 )
Accumulated other comprehensive loss $ 773   $ 583  
Schedule Of Amounts Recognized In Other Comprehensive Income
  June 30,
    2013   2012
Net (gain) loss $ 773 $ 583
  $ 773 $ 583
Schedule of Pension Plans With An Accumulated Benefit Obligation In Excess Of Plan Assets
  June 30,
    2013   2012
    (Dollars in thousands)
Projected benefit obligation $ 4,967 $ 4,652
Accumulated benefit obligation   4,967   4,652
Fair value of plan assets   2,052   2,097
Schedule Of Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income
    Year ended June 30,  
    2013     2012     2011  
    (Dollars in thousands)  
Net Periodic Benefit Cost                  
Service cost $ 3   $ 13   $ 15  
Interest cost   189     221     223  
Expected return on plan assets   (73 )   (93 )   (101 )
Recognized actuarial loss   8     -     -  
Amortization of unrecognized net transition obligation (asset)   -     (1 )   (1 )
Net periodic benefit cost $ 127   $ 140   $ 136  
Schedule Of Assumptions

The following table sets forth the assumptions used to determine benefit obligations:

  June 30,
  2013   2012  
Discount rate 3.43 % 4.00 %
Expected return on plan assets 3.00 % 3.50 %
Compensation increase rate 0.00 % 0.00 %

 

The following table sets forth the assumptions used to determine net periodic benefit cost:

  Year Ended June 30,
  2013   2012   2011  
Discount rate 4.00 % 5.10 % 5.00 %
Expected return on plan assets 3.50 % 4.00 % 4.00 %
Compensation increase rate 0.00 % 1.00 % 0.00 %

 

     

Schedule Of Plan Assets

 

 

Percentage of

Level 1

Level 2

Level 3

Total

Assets

Plan Assets 2013

 

Asset Category:

 

     Cash and cash equivalents

$      73 

 $    -  

 $    -  

$      73

3.5%

 

     Equity securities

  -   

     611

   -

611

29.8%

 

     Debt securities

     541

   -

541

26.4%

 

     Cash surrender value insurance contracts

   -

818

   -

818

39.9%

 

     Other

9

  -

   -

9

0.4%

 

     Totals

$ 82

$ 1,970

 $    -  

$ 2,052

100.0%

 


     The following table sets forth, by level within the fair value hierarchy, a summary of the defined benefit plan's assets measured at fair value, as well as the percentage of total plan assets for each category at June 30, 2012:

                  Percentage of  
                Total Plan Assets  
    Level 1   Level 2   Level 3   Assets 2012  
Asset Category:                    
Cash and cash equivalents $ 49 $ - $ - $ 49 2.3 %
Equity securities   453   -   -   453 21.6 %
Debt securities   755   -   -   755 36.0 %
Cash surrender value insurance contracts   -   819   -   819 39.1 %
Other   21   -   -   21 1.0 %
Totals $ 1,278 $ 819 $ - $ 2,097 100.0 %

 

     

Schedule Of Estimated Future Benefit Payments
    Pension
    Benefits
2014 $ 229
2015   274
2016   302
2017   303
2018   304
2019-2022   1,493