Note D - Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Dec. 31, 2016

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

and

six

months ended

December

31,

2016

and

December

31,

2015

(in thousands):

	Three Months Ended									Six Months Ended
	December 31, 2016									December 31, 2016
	Defined			Unrealized						Defined			Unrealized
	Benefit			Gains on						Benefit			Gains on
	Pension			Cash Flow						Pension			Cash Flow
	Plan			Hedges			Total			Plan			Hedges			Total
Beginning balance	$	(775	)	$	(295	)	$	(1,070	)	$	(775	)	$	95		$	(680	)
OCI/OCL before reclassifications		-			2,287			2,287			-			1,834			1,834
Amounts reclassified from OCI		-			(343	)		(343	)		-			(501	)		(501	)
Tax effect of OCI activity		-			(702	)		(702	)		-			(481	)		(481	)
Net current period OCI/OCL		-			1,242			1,242			-			852			852
Ending balance	$	(775	)	$	947		$	172		$	(775	)	$	947		$	172

	Three Months Ended									Six Months Ended
	December 31, 2015									December 31, 2015
	Defined			Unrealized						Defined			Unrealized
	Benefit			Gains on						Benefit			Gains on
	Pension			Cash Flow						Pension			Cash Flow
	Plan			Hedges			Total			Plan			Hedges			Total
Beginning balance	$	(643	)	$	(79	)	$	(722	)	$	(643	)	$	(123	)	$	(766	)
OCI/OCL before reclassifications		-			424			424			-			482			482
Amounts reclassified from OCI		-			(69	)		(69	)		-			(58	)		(58	)
Tax effect of OCI activity		-			(125	)		(125	)		-			(150	)		(150	)
Net current period OCI/OCL		-			230			230			-			274			274
Ending balance	$	(643	)	$	151		$	(492	)	$	(643	)	$	151		$	(492	)

During the

three

months ended

December

31,

2016,

the amounts reclass

ified from OCI were comprised of

$213,000

of gains reclassified to net revenues and

$130,000

related to the amortization of forward points reclassified to other income. During the

six

months ended

December

31,

2016,

the amounts reclassified from OCI were comprised of

$271,000

of gains reclassified to net revenues and

$230,000

related to the amortization of forward points reclassified to other income.

During the

three

months ended

December

31,

2015,

the amounts reclassified from OCI were comprised of

$45,0

00

of gains reclassified to net revenues and

$24,000

related to the amortization of forward points reclassified to other income. During the

six

months ended

December

31,

2015,

the amounts reclassified from OCI were comprised of

$7,000

of gains reclassified to net revenues and

$51,000

related to the amortization of forward points reclassified to other income.