Note D - Other Comprehensive (Loss) Income

9 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

D.

Other Comprehensive (Loss) Income

Other comprehensive (loss) income (“OCL” and “OCI”) consisted of the following during the

three

and

nine

months ended

March 31, 2018

and

March 31, 2017 (

in thousands):

	Three Months Ended									Nine Months Ended
	March 31, 2018									March 31, 2018
				Unrealized									Unrealized
	Defined			Gains						Defined			Gains
	Benefit			(Losses) on						Benefit			(Losses) on
	Pension			Cash Flow						Pension			Cash Flow
	Plan			Hedges			Total			Plan			Hedges			Total
Beginning Balance	$	(491	)	$	(1,745	)	$	(2,236	)	$	(491	)	$	(414	)	$	(905	)
OCI/OCL before reclassifications		-			(987	)		(987	)		-			(3,430	)		(3,430	)
Amounts reclassified from OCI		-			768			768			-			1,133			1,133
Tax effect of OCI activity		-			-			-			-			747			747
Net current period OCI/OCL		-			(219	)		(219	)		-			(1,550	)		(1,550	)
Ending Balance	$	(491	)	$	(1,964	)	$	(2,455	)	$	(491	)	$	(1,964	)	$	(2,455	)

	Three Months Ended									Nine Months Ended
	March 31, 2017									March 31, 2017
				Unrealized									Unrealized
	Defined			Gains						Defined			Gains
	Benefit			(Losses) on						Benefit			(Losses) on
	Pension			Cash Flow						Pension			Cash Flow
	Plan			Hedges			Total			Plan			Hedges			Total
Beginning Balance	$	(775	)	$	947		$	172		$	(775	)	$	95		$	(680	)
OCI/OCL before reclassifications		-			(322	)		(322	)		-			1,512			1,512
Amounts reclassified from OCI		-			(383	)		(383	)		-			(884	)		(884	)
Tax effect of OCI activity		-			254			254			-			(227	)		(227	)
Net current period OCI/OCL		-			(451	)		(451	)		-			401			401
Ending Balance	$	(775	)	$	496		$	(279	)	$	(775	)	$	496		$	(279	)