Rendering

Component: (Network and Table)
Network
136 - Disclosure - Pensions and Other Postretirement Benefits (Tables)
(http://www.ccur.com/role/PensionsAndOtherPostretirementBenefitsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000749038 (http://www.sec.gov/CIK)
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]Period [Axis]
2015-07-01 - 2016-06-30
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
 
Schedule of Obligations and Funded Status
A reconciliation of the changes in the Pensions Plans’ benefit obligations and fair value of plan assets over the two-year period ended June 30, 2016, and a statement of the funded status at June 30, 2016 for these years for the Pension Plans is as follows:
 
Obligations and Funded Status
 
 
 
June 30,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Change in benefit obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of year
 
$
4,628
 
$
5,567
 
Interest cost
 
 
96
 
 
126
 
Actuarial loss
 
 
435
 
 
224
 
Foreign currency exchange rate change
 
 
4
 
 
(1,032)
 
Benefits paid
 
 
(244)
 
 
(257)
 
Benefit obligation at end of year
 
$
4,919
 
$
4,628
 
 
 
 
 
 
 
 
 
Change in plan assets:
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
1,432
 
$
1,984
 
Actual return on plan assets
 
 
(15)
 
 
30
 
Employer contributions
 
 
12
 
 
22
 
Benefits paid
 
 
(237)
 
 
(247)
 
Foreign currency exchange rate change
 
 
-
 
 
(357)
 
Fair value of plan assets at end of year
 
$
1,192
 
$
1,432
 
Funded status at end of year
 
$
(3,727)
 
$
(3,196)
 
  
Schedule of Amounts Recognized in the Consolidated Balance Sheets
Amounts Recognized in the Consolidated Balance Sheets
 
 
 
June 30,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Other accrued expenses (1)
 
$
(7)
 
$
(7)
 
Pension liability - long-term liabilities
 
 
(3,720)
 
 
(3,189)
 
Total pension liability
 
$
(3,727)
 
$
(3,196)
 
 
 
 
 
 
 
 
 
Accumulated other comprehensive loss
 
$
1,637
 
$
1,214
 
 
(1) Included in line item accounts payable and accrued expenses                
  
Schedule of Amounts Recognized in Other Comprehensive Income
Items Not Yet Recognized as a Component of Net Periodic Pension Cost:
 
 
 
June 30,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Net loss
 
$
1,637
 
$
1,214
 
 
 
$
1,637
 
$
1,214
 
  
Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets
Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets
 
 
 
June 30,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Projected benefit obligation
 
$
4,919
 
$
4,628
 
Accumulated benefit obligation
 
$
4,919
 
$
4,628
 
Fair value of plan assets
 
$
1,193
 
$
1,432
 
  
Components of net periodic pension cost of our German defined benefit pension plans recognized in earnings
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income
 
 
 
Year Ended June 30,
 
 
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
Net Periodic Benefit Cost
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
-
 
$
-
 
$
-
 
Interest cost
 
 
96
 
 
126
 
 
174
 
Expected return on plan assets
 
 
(22)
 
 
(45)
 
 
(61)
 
Recognized actuarial loss
 
 
50
 
 
40
 
 
19
 
Amortization of unrecognized net transition obligation (asset)
 
 
-
 
 
-
 
 
-
 
Net periodic benefit cost
 
$
124
 
$
121
 
$
132
 
  
Schedule of Assumptions
The following table sets forth the assumptions used to determine benefit obligations:
 
 
 
June 30,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Discount rate
 
 
1.07
%
 
2.13
%
Expected return on plan assets
 
 
2.50
%
 
2.50
%
Compensation increase rate
 
 
0.00
%
 
0.00
%
 
The following table sets forth the assumptions used to determine net periodic benefit cost:
 
 
 
Year Ended June 30,
 
 
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
 
 
2.13
%
 
2.65
%
 
3.43
%
Expected return on plan assets
 
 
2.50
%
 
3.50
%
 
3.00
%
Compensation increase rate
 
 
0.00
%
 
0.00
%
 
0.00
%
  
Schedule of Plan Assets
The following table sets forth, by level within the fair value hierarchy, a summary of the defined benefit plan’s assets measured at fair value, as well as the percentage of total plan assets for each category at June 30, 2016:
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
Percentage of
Plan Assets
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Category:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
8
 
$
-
 
$
-
 
$
8
 
 
0.7
%
Equity securities
 
 
-
 
 
572
 
 
-
 
 
572
 
 
47.9
%
Debt securities
 
 
-
 
 
57
 
 
-
 
 
57
 
 
4.8
%
Cash surrender value insurance contracts
 
 
-
 
 
556
 
 
-
 
 
556
 
 
46.6
%
Totals
 
$
8
 
$
1,185
 
$
-
 
$
1,193
 
 
100.0
%
 
The following table sets forth, by level within the fair value hierarchy, a summary of the defined benefit plan’s assets measured at fair value, as well as the percentage of total plan assets for each category at June 30, 2015:
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
Percentage of
Plan Assets
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Category:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
-
 
$
612
 
$
-
 
$
612
 
 
42.8
%
Debt securities
 
 
-
 
 
231
 
 
-
 
 
231
 
 
16.1
%
Cash surrender value insurance contracts
 
 
-
 
 
589
 
 
-
 
 
589
 
 
41.1
%
Totals
 
$
-
 
$
1,432
 
$
-
 
$
1,432
 
 
100.0
%
  
Schedule of Estimated Future Benefit Payments
Expected benefit payments, which reflect expected future service, during the next ten fiscal years ending June 30 are as follows:
 
 
 
Pension
 
 
 
Benefits
 
 
 
 
 
 
2017
 
 
241
 
2018
 
 
244
 
2019
 
 
243
 
2020
 
 
241
 
2021
 
 
240
 
2022 - 2026
 
 
1,176