Retirement Benefits (Tables)

12 Months Ended

Jun. 30, 2013

Compensation And Retirement Disclosure [Abstract]

Reconciliation of Benefit Obligations, Plan Assets and Funded Status Recognized in Consolidated Balance Sheets

The following is a reconciliation of the benefit obligations, plan assets and funded status of the plans as well as the amounts recognized in our Consolidated Balance Sheets as of and for the fiscal years ended June 30, 2013 and 2012:

	Year Ended June 30,
	2013			2012
Change in benefit obligation:
Benefit obligation at beginning of year	$	183,249		$	156,285
Benefit obligation of plans not previously reported(1)		0			3,987
Service cost		2,169			1,635
Interest cost		7,085			8,106
Actuarial loss		2,530			31,484
Effects of settlements and curtailments		(3,805	)		(921	)
Plan amendments		0			216
Benefits paid		(9,125	)		(7,817	)
Foreign currency translation		1,269			(9,726	)
Benefit obligation at end of year	$	183,372		$	183,249
Change in plan assets:
Fair value of assets at beginning of year	$	7,011		$	5,258
Actual return on plan assets		(170	)		1,571
Employer contributions		12,900			9,049
Benefits paid		(9,125	)		(7,817	)
Settlement		(3,593	)		(921	)
Foreign currency translation		(222	)		(129	)
Fair value of assets at end of year	$	6,801		$	7,011
Reconciliation of funded status:
Funded status	$	(176,571	)	$	(176,238	)
Unrecognized prior service cost		6,463			8,301
Unrecognized net loss		48,279			49,561
Accrued pension cost	$	(121,829	)	$	(118,376	)
Non-current assets	$	0		$	704
Accrued liabilities		(8,884	)		(8,843	)
Other non-current liabilities		(167,687	)		(168,099	)
AOCI		54,742			57,862
Accrued pension cost	$	(121,829	)	$	(118,376	)

⁽¹⁾  Certain foreign defined benefit plans were not disclosed in prior years based on the immateriality of amounts involved in these plans. The above disclosures for fiscal year 2012 include amounts recorded for these plans as adjustments to the balances in the current year.

Amounts Recognized in AOCI

Amounts recognized in AOCI for the fiscal years ended June 30, 2013 and 2012 are presented below:

	Year Ended June 30,
	2013			2012
Amounts recorded in AOCI:
Prior service cost	$	6,463		$	8,301
Net actuarial loss		48,279			49,561
Total recognized in AOCI, before taxes		54,742			57,862
Income tax benefit		(18,023	)		(19,415	)
Total recognized in AOCI, net of income taxes	$	36,719		$	38,447

Amount to be Amortized from AOCI into Net Periodic Benefit Cost

The estimated amount that will be amortized from AOCI into net periodic benefit cost in fiscal year 2014 is as follows:

Amounts expected to be recognized in net periodic benefit cost
Recognized net actuarial loss	$	2,998
Amortization of prior service cost		1,000
Total	$	3,998

Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets

A comparison of plans’ assets with plans’ projected benefit and accumulated benefit obligations as of June 30, 2013 and 2012 is presented below:

	Obligations Exceed Plan Assets Year Ended June 30,				Plan Assets Exceed Obligations Year Ended June 30,				Total All Plans Year Ended June 30,
	2013		2012		2013		2012		2013		2012
Plans where:
Projected benefit obligation	$	183,372	$	176,942	$	0	$	6,307	$	183,372	$	183,249
Accumulated benefit obligation		172,124		165,283		0		6,307		172,124		171,590
Fair value of plan assets		6,801		0		0		7,011		6,801		7,011

Components of Net Periodic Benefit Costs

The components of net periodic benefit costs for the fiscal years ended June 30, 2013, 2012 and 2011 are presented below:

	Year Ended June 30,
	2013			2012			2011
Components of net periodic benefit cost:
Service cost	$	2,169		$	1,635		$	3,292
Interest cost		7,085			8,106			7,702
Expected return on plan assets		(284	)		(238	)		(221	)
Amortization of prior service cost		1,155			1,418			1,502
Amortization of net loss		3,873			1,793			1,899
Effect of settlements and curtailments		797			83			0
Net periodic benefit cost	$	14,795		$	12,797		$	14,174

Assumptions Used to Determine Benefit Obligations and Net Periodic Pension and Postretirement Benefit Costs

The assumptions used to determine our benefit obligations and net periodic pension and other postretirement benefit costs are presented below:

	Year Ended June 30,
	2013		2012		2011
Assumptions:
Weighted average rates used to determine benefit obligations at June 30:
Range of discount rates for pension plans		1.4% – 4.4%		0.6% – 5.0%		4.7% – 5.9%
Range of rates of compensation increase for pension plans		0.0% – 4.0%		0.0% – 4.0%		2.5% – 4.0%
Weighted average rates used to determine net periodic benefit cost at June 30:
Range of discount rates for pension plans		0.6% – 5.0%		4.7% – 5.9%		4.1% – 5.6%
Range of rates of compensation increase for pension plans		0.0% – 4.0%		0.0% – 4.0%		2.5% – 4.0%