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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Mar. 31, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Loss

The following tables summarize the changes in accumulated other comprehensive loss (“AOCL”) for each period presented (in thousands):

 

 

Three Months Ended March 31, 2024

 

 

Foreign
Currency
Translation
Adjustments

 

 

Retirement
and
Postretirement
Benefit Plans

 

 

Total

 

Balance, December 31, 2023

$

12,805

 

 

$

1,073

 

 

$

13,878

 

Other comprehensive income before reclassifications

 

(1,043

)

 

 

 

 

 

(1,043

)

Net other comprehensive income before reclassifications

 

(1,043

)

 

 

 

 

 

(1,043

)

Reclassifications:

 

 

 

 

 

 

 

 

Unrecognized net loss (A)

 

 

 

 

(61

)

 

 

(61

)

Income tax

 

 

 

 

15

 

 

 

15

 

Net reclassifications

 

 

 

 

(46

)

 

 

(46

)

Other comprehensive income

 

(1,043

)

 

 

(46

)

 

 

(1,089

)

Other comprehensive income attributable to non-
   controlling interest

 

(416

)

 

 

 

 

 

(416

)

Balance, March 31, 2024

$

12,178

 

 

$

1,027

 

 

$

13,205

 

 

 

Three Months Ended April 2, 2023

 

 

Foreign
Currency
Translation
Adjustments

 

 

Retirement
and
Postretirement
Benefit Plans

 

 

Total

 

Balance, January 1, 2023

$

17,511

 

 

$

1,715

 

 

$

19,226

 

Other comprehensive income before reclassifications

 

(3,451

)

 

 

(371

)

 

 

(3,822

)

Income tax

 

 

 

 

87

 

 

 

87

 

Net other comprehensive income before reclassifications

 

(3,451

)

 

 

(284

)

 

 

(3,735

)

Reclassifications:

 

 

 

 

 

 

 

 

Unrecognized net loss (A)

 

 

 

 

(86

)

 

 

(86

)

Income tax

 

 

 

 

20

 

 

 

20

 

Net reclassifications

 

 

 

 

(66

)

 

 

(66

)

Other comprehensive income

 

(3,451

)

 

 

(350

)

 

 

(3,801

)

Other comprehensive income attributable to non-
   controlling interest

 

(1,147

)

 

 

 

 

 

(1,147

)

Balance, April 2, 2023

$

15,207

 

 

$

1,365

 

 

$

16,572

 

 

 

Nine Months Ended March 31, 2024

 

 

Foreign
Currency
Translation
Adjustments

 

 

Retirement
and
Postretirement
Benefit Plans

 

 

Total

 

Balance, July 2, 2023

$

13,028

 

 

$

1,166

 

 

$

14,194

 

Other comprehensive income before reclassifications

 

(1,408

)

 

 

 

 

 

(1,408

)

Income tax

 

 

 

 

 

 

 

-

 

Net other comprehensive income before reclassifications

 

(1,408

)

 

 

 

 

 

(1,408

)

Reclassifications:

 

 

 

 

 

 

 

 

Unrecognized net loss (A)

 

 

 

 

(182

)

 

 

(182

)

Income tax

 

 

 

 

43

 

 

 

43

 

Net reclassifications

 

 

 

 

(139

)

 

 

(139

)

Other comprehensive income

 

(1,408

)

 

 

(139

)

 

 

(1,547

)

Other comprehensive income attributable to non-
   controlling interest

 

(558

)

 

 

 

 

 

(558

)

Balance, March 31, 2024

$

12,178

 

 

$

1,027

 

 

$

13,205

 

 

 

Nine Months Ended April 2, 2023

 

 

Foreign
Currency
Translation
Adjustments

 

 

Retirement
and
Postretirement
Benefit Plans

 

 

Total

 

Balance, July 3, 2022

$

16,733

 

 

$

1,855

 

 

$

18,588

 

Other comprehensive income before reclassifications

 

(3,198

)

 

 

(371

)

 

 

(3,569

)

Income tax

 

 

 

 

87

 

 

 

87

 

Net other comprehensive income before reclassifications

 

(3,198

)

 

 

(284

)

 

 

(3,482

)

Reclassifications:

 

 

 

 

 

 

 

 

Unrecognized net loss (A)

 

 

 

 

(269

)

 

 

(269

)

Income tax

 

 

 

 

63

 

 

 

63

 

Net reclassifications

 

 

 

 

(206

)

 

 

(206

)

Other comprehensive income

 

(3,198

)

 

 

(490

)

 

 

(3,688

)

Other comprehensive income attributable to non-
   controlling interest

 

(1,672

)

 

 

 

 

 

(1,672

)

Balance, April 2, 2023

$

15,207

 

 

$

1,365

 

 

$

16,572

 

 

(A) Amounts reclassified are included in the computation of net periodic benefit cost, which is included in Other (Expense) Income, net in the accompanying Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss). See Pension and Postretirement Benefits note to these Notes to Condensed Consolidated Financial Statements above.