Other (Expense) Income, Net

3 Months Ended

Sep. 30, 2018

Other Income And Expenses [Abstract]

Other (Expense) Income, Net

Other (Expense) Income, net

Net other (expense) income included in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income primarily included foreign currency transaction gains and losses, realized and unrealized losses on our Mexican peso currency forward contracts, net periodic pension and postretirement benefit (costs) credits, other than the service cost component, related to our pension and postretirement plans and Rabbi Trust gains and losses. Foreign currency transaction gains and losses resulted from activity associated with foreign denominated assets held by our Mexican subsidiaries. We entered into the Mexican Peso currency forward contracts to minimize earnings volatility resulting from changes in exchange rates affecting the U.S. dollar cost of our Mexican operations. The Rabbi Trust assets fund our amended and restated supplemental executive retirement plan. The investments held in this Trust are considered trading securities.

The impact of these items for each of the periods presented was as follows (in thousands):

	Three Months Ended
	September 30, 2018			October 1, 2017
Foreign Currency Transaction Loss	$	(428	)	$	(137	)
Unrealized Gain (Loss) on Peso Forward Contracts		225			(258	)
Realized Gain on Peso Forward Contracts		172			458
Pension and Postretirement Plans (Cost) Credit		(318	)		112
Rabbi Trust Gain		79			89
Other		25			(177	)
	$	(245	)	$	87