v3.26.1
Note M - Pension and Other Postretirement Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Net Funded Status [Table Text Block]
          

Other

 
  

Pension

  

Postretirement

 
  

Benefits

  

Benefits

 
  

2026

  

2025

  

2026

  

2025

 

Change in benefit obligation:

                

Benefit obligation, beginning of year

 $66,424  $68,110  $2,870  $3,169 

Service cost

  352   352   5   7 

Interest cost

  3,132   3,404   139   165 

Prior service cost (benefit)

  21   21   -   - 

Actuarial loss (gain)

  82   1,753   (9)  33 

Contributions by plan participants

  139   137   159   155 

Benefits paid

  (7,977)  (7,353)  (660)  (659)

Benefit obligation, end of year

 $62,173  $66,424  $2,504  $2,870 
                 

Change in plan assets:

                

Fair value of assets, beginning of year

 $56,860  $62,660  $-  $- 

Actual return on plan assets

  3,737   2,616   -   - 

Return on plan assets

  -   (1,808)  -     

Employer contribution

  656   608   501   504 

Contributions by plan participants

  139   137   159   155 

Benefits paid

  (7,977)  (7,353)  (660)  (659)

Fair value of assets, end of year

 $53,415  $56,860  $-  $- 
                 

Funded status

 $(8,758) $(9,564) $(2,504) $(2,870)
                 

Amounts recognized in the balance sheet consist of:

                

Other assets - noncurrent

 $40  $15  $-  $- 

Accrued liabilities - current

  (282)  (380)  (591)  (237)

Accrued retirement benefits - noncurrent

  (8,516)  (9,199)  (1,913)  (2,633)

Net amount recognized

 $(8,758) $(9,564) $(2,504) $(2,870)
                 

Amounts recognized in accumulated other comprehensive income (loss) consist of (net of tax):

             

Net transition obligation

 $-  $26  $-  $- 

Prior service benefit

  (180)  (185)  -   - 

Actuarial net loss (gain)

  9,212   11,937   (279)  (317)

Net amount recognized

 $9,032  $11,778  $(279) $(317)
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
      

Other

 
  

Pension

  

Postretirement

 
  

Benefits

  

Benefits

 

Net transition obligation

 $-  $- 

Prior service cost (benefit)

  36   - 

Actuarial net loss (gain)

  226   (49)

Net amount to be recognized

 $262  $(49)
Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets [Table Text Block]
  

June 30

 
  

2026

  

2025

 

Projected and accumulated benefit obligation

 $58,323  $62,355 

Fair value of plan assets

  49,525   52,776 
Schedule of Net Benefit Costs [Table Text Block]
  

Pension Benefits

 
  

2026

  

2025

 

Service cost

 $356  $347 

Interest cost

  3,134   3,400 

Prior service cost

  21   21 

Expected return on plan assets

  (3,043)  (3,411)

Amortization of transition obligation

  33   42 

Amortization of prior service cost

  -   26 

Amortization of actuarial net loss

  2,590   984 

Net periodic benefit cost (income)

 $3,091  $1,409 
  

Other Postretirement Benefits

 
  

2026

  

2025

 

Service cost

 $5  $7 

Interest cost

  139   165 

Amortization of prior service cost

  -   - 

Amortization of actuarial net loss (gain)

  (53)  (262)

Net periodic benefit cost (income)

 $91  $(90)
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
      

Other

 
      

Postretirement

 
  

Pension

  

Benefits

 

Net loss (gain)

 $(624) $(10)

Amortization of transition asset

  (32)  - 

Amortization of prior service cost (benefit)

  (1)  - 

Amortization of net loss (gain)

  (2,590)  53 

Translation

  (110)  - 

Total recognized in other comprehensive income (loss)

  (3,357)  43 

Net periodic benefit cost (income)

  3,091   91 

Total recognized in net periodic benefit cost (income) and other comprehensive income (loss)

 $(266) $134 
      

Other

 
      

Postretirement

 
  

Pension

  

Benefits

 

Net loss (income)

 $2,487  $34 

Amortization of transition asset

  (43)  - 

Amortization of prior service cost (benefit)

  (27)  - 

Amortization of net loss (gain)

  (985)  262 

Translation

  (154)  - 

Total recognized in other comprehensive income (loss)

  1,278   296 

Net periodic benefit cost (income)

  1,409   (90)

Total recognized in net periodic benefit cost (income) and other comprehensive income (loss)

 $2,687  $206 
Defined Benefit Plan, Assumptions [Table Text Block]
          

Other

 
  

Pension Benefits

  

Postretirement Benefits

 

Weighted average assumptions used to determine benefit obligations at June 30

                
  

2026

  

2025

  

2026

  

2025

 

Discount rate

  4.90%  5.00%  5.02%  5.28%

Expected return on plan assets

  5.78%  5.74%        
          

Other

 
  

Pension Benefits

  

Postretirement Benefits

 

Weighted average assumptions used to determine net periodic benefit costs for years ended June 30

                
  

2026

  

2025

  

2026

  

2025

 

Discount rate

  4.79%  4.97%  5.28%  5.66%

Expected return on plan assets

  5.56%  5.55%        
Schedule of Plan Weighted Average Assets Allocations [Table Text Block]
  

Target

  

June 30

 

Asset Category

 

Allocation

  

2026

  

2025

 

Equity securities

  15%   16%   15% 

Debt securities

  75%   76%   78% 

Real estate

  10%   8%   7% 
   100%   100%   100% 
Schedule of Allocation of Plan Assets [Table Text Block]
  

Total

  

Level I

  

Level II

  

Level III

 

Cash and cash equivalents

 $855  $855  $-  $- 

Equity securities:

                

Company common stock (a)

  794   794   -   - 

Common stock (a)

  2,647   2,647   -   - 

Mutual funds (b)

  4,090   4,090   -   - 

Annuity contracts (c)

  6,423   -   -   6,423 

Total

 $14,809  $8,386  $-  $6,423 

Investments Measured at Net Asset Value (d)

  38,606             

Total

 $53,415             
  

Total

  

Level I

  

Level II

  

Level III

 

Cash and cash equivalents

 $924  $924  $-  $- 

Equity securities:

                

Company common stock (a)

  867   867   -   - 

Common stock (a)

  2,537   2,537   -   - 

Mutual funds (b)

  4,434   4,434   -   - 

Annuity contracts (c)

  7,080   -   -   7,080 

Total

 $15,842  $8,762  $-  $7,080 

Investments Measured at Net Asset Value (d)

  41,018             

Total

 $56,860             
  

2026

  

2025

 

Fixed income funds

 $35,118  $37,687 

Real estate

  3,488   3,331 

Total

 $38,606  $41,018 
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]
  

2026

  

2025

 

Beginning balance

 $7,080  $6,264 

Actual return on plan assets:

        

Relating to assets still held at reporting date

  480   1,362 

Purchases, sales and settlements, net

  (1,137)  (546)

Ending balance

 $6,423  $7,080 
Schedule of Expected Benefit Payments [Table Text Block]
      

Other

 
  

Pension

  

Postretirement

 
  

Benefits

  

Benefits

 
         

2027

 $6,624  $591 

2028

  6,544   449 

2029

  6,352   305 

2030

  2,867   273 

2031

  5,915   239 

Years 2032 - 2036

  27,160   647