Note D - Accumulated Other Comprehensive (Loss) Income

3 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

D. Accumulated Other Comprehensive (Loss) Income

Accumulated Other comprehensive (loss) income consisted of the following during the three months ended September 30, 2015 and September 30

, 2014 (dollars in thousands):

	Defined Benefit Pension Plan			Unrealized Gains on Cash Flow Hedges			Total
Balance as of June 30, 2015	$	(643	)	$	(123	)	$	(766	)
Other comprehensive income before reclassifications		—			58			58
Amounts reclassified from OCI		—			11			11
Tax effect of OCI activity		—			(25	)		(25	)
Other comprehensive income		—			44			44
Balance as of September 30, 2015	$	(643	)	$	(79	)	$	(722	)

	Defined Benefit Pension Plan			Unrealized Losses on Cash Flow Hedges			Total
Balance as of June 30, 2014	$	(502	)	$	33		$	(469	)
Other comprehensive income before reclassifications		—			1,262			1,262
Amounts reclassified from OCI		—			(154	)		(154	)
Tax effect of OCI activity		—			(388	)		(388	)
Other comprehensive income		—			720			720
Balance as of September 30, 2014	$	(502	)	$	753		$	251

During the three months ended September 30, 2015, the amounts reclassified from OCI were comprised of $38,000 of losses reclassified to net revenues and $27,000 related to the amortization of forward points reclassified to other income.

During the three months ended September 30, 2014, the amounts reclassified from OCI were comprised of $150,000 of gains reclassified to net revenues and $5,000 related to the amortization of forward points reclassified to other income.