v3.25.2
Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Plan's Funded Status and Pension Cost
The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows:
 
    
2025
    
2024
 
Change in benefit obligation
     
Beginning of year
   $ 2,256      $ 2,431  
Service cost
     36        41  
Interest cost
     116        112  
Actuarial gain (loss)
     (114      (196
Benefits paid
     (125      (132
  
 
 
    
 
 
 
End of year
   $  2,169      $  2,256  
  
 
 
    
 
 
 
Significant Balances, Costs and Assumptions
Significant balances, costs and assumptions are:
 
    
Post-retirement Plan
 
    
2025
    
2024
 
Benefit obligation
   $ 2,169      $ 2,256  
Fair value of plan assets
     —         —   
  
 
 
    
 
 
 
Funded status
   $ (2,169    $ (2,256
  
 
 
    
 
 
 
Accumulated benefit obligation
   $ 2,169      $ 2,256  
  
 
 
    
 
 
 
Summary of Accrued postretirement benefit obligations recognized in Balance sheet
Amounts recognized in the consolidated balance sheets:
 
Accrued post-retirement benefit obligation
   $  2,169      $   2,256  
  
 
 
    
 
 
 
Net Periodic Benefit Cost
Components of net periodic benefit cost:
 
    
2025
   
  
2024
 
Service cost
   $ 36        $ 41  
Interest cost
     116          112  
Amortization of loss
     (15        —   
  
 
 
      
 
 
 
   $   137        $    153  
  
 
 
      
 
 
 
Accumulated Other Comprehensive Income (Loss) Not Yet Recognized
 
Amounts recognized in accumulated other comprehensive income (loss) not yet recognized as components of net periodic benefit cost consist of:
 
    
2025
    
2024
 
Net income (loss)
   $   (448    $   (349
Other Significant Balances and Costs
Other significant balances and costs are:
 
    
2025
    
2024
 
Employer contribution
   $     125      $     132  
Benefits paid
     125        132  
Benefit costs
     137        153  
One-percentage-Point Change in Assumed Health Care Cost Trend Rates A
one-percentage-point
change in assumed health care cost trend rates would have the following effects:
 
    
One-
Percentage-

Point
Increase
    
One-
Percentage-

Point
Decrease
 
Effect on total of service and interest cost components
   $  4      $  (3
Effect on post-retirement benefit obligation
     37        (40
Postretirement Plan Benefit Payments Expected Future Service
The following post-retirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2025:
 
2026
   $    129  
2027
     156  
2028
     182  
2029
     193  
2030
     203  
2031-2035
       875  
Benefit Payments Expected to be Paid for Agreements The following benefit payments are expected to be paid for these agreements:
 
2026
   $ 199  
2027
     240  
2028
     262  
2029
     292  
2030
     300  
Thereafter
     4,489  
  
 
 
 
   $  5,782