v3.26.1
Pension and Other Postretirement Benefits
 9 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS PENSION AND OTHER POSTRETIREMENT BENEFITS
The table below summarizes the components of net periodic pension expense:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2026202520262025
Service cost$278 $221 $830 $678 
Interest cost8,145 8,441 24,389 25,460 
Expected return on plan assets(9,577)(10,629)(28,705)(31,964)
Amortization of prior service credit(5)(1)(13)(6)
Recognition of actuarial loss2,929 2,082 8,768 6,292 
Settlement— — — 836 
Net periodic pension expense$1,770 $114 $5,269 $1,296 
During fiscal 2025, the Company completed the wind-up of its Canadian defined benefit pension plans and recorded a settlement charge of $0.8 million.
The table below summarizes the components of net periodic other postretirement benefit cost:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2026202520262025
Interest cost$87 $98 $262 $294 
Amortization of prior service credit(63)(64)(190)(190)
Recognition of actuarial loss31 35 93 104 
Net periodic other postretirement benefit cost$55 $69 $165 $208 
The service cost component of net periodic pension expense is reported as a component of cost of goods sold and operating expense. All other components of net periodic pension expense and net periodic other postretirement benefit cost are reported as a component of other income, net.