Retirement Benefits (Tables)

12 Months Ended

Jun. 30, 2014

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, 2014 and 2013:

	Year Ended June 30,
	2014			2013
Change in benefit obligation:
Benefit obligation at beginning of year	$	183,372		$	183,249
Benefit obligation of plans not previously reported(1)		5,075			0
Service cost		2,507			2,169
Interest cost		7,201			7,085
Actuarial loss		11,066			2,530
Effects of settlements and curtailments		(2,801	)		(3,805	)
Plan amendments		(613	)		0
Benefits paid		(8,414	)		(9,125	)
Foreign currency translation		5,500			1,269
Benefit obligation at end of year	$	202,893		$	183,372
Change in plan assets:
Fair value of assets at beginning of year	$	6,801		$	7,011
Actual return on plan assets		114			(170	)
Employer contributions		10,018			12,900
Benefits paid		(8,414	)		(9,125	)
Settlement		(2,676	)		(3,593	)
Foreign currency translation		798			(222	)
Fair value of assets at end of year	$	6,641		$	6,801
Reconciliation of funded status:
Funded status	$	(196,252	)	$	(176,571	)
Unrecognized prior service cost		4,978			6,463
Unrecognized net loss		57,430			48,279
Accrued pension cost	$	(133,844	)	$	(121,829	)
Non-current assets	$	0		$	0
Accrued liabilities		(9,900	)		(8,884	)
Other non-current liabilities		(186,352	)		(167,687	)
AOCI		62,408			54,742
Accrued pension cost	$	(133,844	)	$	(121,829	)

⁽¹⁾  Certain foreign defined benefit plans were not disclosed in prior years based on the immateriality of amounts involved in these plans.

Amounts Recognized in AOCI

Amounts recognized in AOCI for the fiscal years ended June 30, 2014 and 2013 are presented below:

	Year Ended June 30,
	2014			2013
Amounts recorded in AOCI:
Prior service cost	$	4,978		$	6,463
Net actuarial loss		57,430			48,279
Total recognized in AOCI, before taxes		62,408			54,742
Income tax benefit		(19,872	)		(18,023	)
Total recognized in AOCI, net of income taxes	$	42,536		$	36,719

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 2015 is as follows:

Amounts expected to be recognized in net periodic benefit cost
Recognized net actuarial loss	$	3,842
Amortization of prior service cost		973
Total	$	4,815

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, 2014 and 2013 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,
	2014		2013		2014		2013		2014		2013
Plans where:
Projected benefit obligation	$	202,893	$	183,372	$	0	$	0	$	202,893	$	183,372
Accumulated benefit obligation		190,100		172,124		0		0		190,100		172,124
Fair value of plan assets		6,641		6,801		0		0		6,641		6,801

Components of Net Periodic Benefit Costs

The components of net periodic benefit costs for the fiscal years ended June 30, 2014, 2013 and 2012 are presented below:

	Year Ended June 30,
	2014			2013			2012
Components of net periodic benefit cost:
Service cost	$	2,507		$	2,169		$	1,635
Interest cost		7,201			7,085			8,106
Expected return on plan assets		(259	)		(284	)		(238	)
Amortization of prior service cost		1,001			1,155			1,418
Amortization of net loss		3,038			3,873			1,793
Effect of settlements and curtailments		1,119			797			83
Net periodic benefit cost	$	14,607		$	14,795		$	12,797

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,
	2014		2013		2012
Assumptions:
Weighted average rates used to determine benefit obligations at June 30:
Range of discount rates for pension plans		1.4%—8.8%		1.4%—4.4%		0.6%—5.0%
Range of rates of compensation increase for pension plans		0.0%—10.0%		0.0%—4.0%		0.0%—4.0%
Weighted average rates used to determine net periodic benefit cost 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		2.0%—4.0%		0.0%—4.0%		0.0%—4.0%