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Note 6 - Employee Benefit and Retirement Plans
3 Months Ended
Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]

Note 6:  Pension and Post-retirement Benefits


Net periodic benefit costs for the Company's defined benefit pension plans consist of the following (in thousands):


   

Three Months Ended

 
   

9/30/2013

   

9/30/2012

 

Service cost

  $ 709     $ 738  

Interest cost

    1,715       1,494  

Expected return on plan assets

    (1,562

)

    (1,602

)

Amortization of prior service cost

    29       59  

Amortization of net loss

    3       -  
    $ 894     $ 689  

Net periodic benefit costs for the Company's postretirement medical plan and life insurance consists of the following (in thousands): 


   

Three Months Ended

 
   

9/30/2013

   

9/30/2012

 

Service cost

  $ 88     $ 128  

Interest cost

    133       136  

Amortization of prior service credit

    (126

)

    (279

)

Amortization of accumulated loss

    -       40  
    $ 95     $ 25  

The Company’s pension plans use fair value as the market-related value of plan assets and recognize net actuarial gains or losses in excess of ten percent (10%) of the greater of the market-related value of plan assets or of the plans’ projected benefit obligation in net periodic (benefit) cost as of the plan measurement date, which is the same as the fiscal year end of the Company. Net actuarial gains or losses that are less than 10% of the thresholds noted above are accounted for as part of the accumulated other comprehensive income (loss).