Note D - Other Comprehensive Income (Loss)

6 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

D. Other Comprehensive Income (Loss)

Other comprehensive (loss) income (“OCL” and “OCI”) consisted of the following during the three months ended December 31, 2021 and December 31, 2020 (in thousands):

	Three Months Ended
	December 31, 2021
	Defined			Unrealized Gains			Unrealized Gains
	Benefit			(Losses) on			(Losses) on
	Pension			Cash Flow			Swap
	Plan			Hedges			Derivative		Total
Beginning Balance	$	(538	)	$	931			—	$	393
OCI/OCL before reclassifications		—			855			62		917
Amounts reclassified from OCI to Sales		—			(504	)		—		(504	)
Tax effect of OCI activity		—			(82	)		—		(82	)
Net current period OCI/OCL		—			269			62		331
Ending Balance	$	(538	)	$	1,200		$	62	$	724

	Six Months Ended
	December 31, 2021
	Defined			Unrealized Gains			Unrealized Gains
	Benefit			(Losses) on			(Losses) on
	Pension			Cash Flow			Swap
	Plan			Hedges			Derivative		Total
Beginning Balance	$	(538	)	$	(23	)		—	$	(561	)
OCI/OCL before reclassifications		—			2,244			62		2,306
Amounts reclassified from OCI to Sales		—			(650	)		—		(650	)
Tax effect of OCI activity		—			(371	)		—		(371	)
Net current period OCI/OCL		—			1,223			62		1,285
Ending Balance	$	(538	)	$	1,200		$	62	$	724

	Three Months Ended
	December 31, 2020
				Unrealized
	Defined			Gains
	Benefit			(Losses) on
	Pension			Cash Flow
	Plan			Hedges			Total
Beginning Balance	$	(888	)	$	(1,415	)	$	(2,303	)
OCI/OCL before reclassifications		-			(1,850	)		(1,850	)
Amounts reclassified from OCI to Sales		-			737			737
Tax effect of OCI activity		-			259			259
Net current period OCI/OCL		-			(854	)		(854	)
Ending Balance	$	(888	)	$	(2,269	)	$	(3,157	)

	Six Months Ended
	December 31, 2020
				Unrealized
	Defined			Gains
	Benefit			(Losses) on
	Pension			Cash Flow
	Plan			Hedges			Total
Beginning Balance	$	(888	)	$	(295	)	$	(1,183	)
OCI/OCL before reclassifications		-			(3,913	)		(3,913	)
Amounts reclassified from OCI to Sales		-			1,341			1,341
Tax effect of OCI activity		-			598			598
Net current period OCI/OCL		-			(1,974	)		(1,974	)
Ending Balance	$	(888	)	$	(2,269	)	$	(3,157	)