Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 980

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 7A
Chunk 980
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benefit)  $3,201  $2,580  $1,427  $81  $(628) $211 

   The following table sets forth the funded status and amounts recognized as of  June 30, 2025 and 2024 for our U.S. and foreign defined benefit pension plans (in thousands):

       U.S. Plans    Foreign Plans  
   Year Ended June 30,    Year Ended June 30,  
   2025    2024    2025    2024  
 Change in benefit obligation                 
 Benefit obligation at beginning of year  $178,439  $184,682  $26,994  $25,454 
 Service cost   -   -   250   196 
 Interest cost   9,544   9,891   1,217   1,190 
 Plan settlements   -   -   (270)  0 
 Actuarial gain   (1,226)  96   (1,757)  555 
 Benefits paid   (15,441)  (16,230)  (1,793)  (1,779)
 Foreign currency exchange rate & other changes      -   2,336   1,378 
 Projected benefit obligation at end of year  $171,316  $178,439  $26,977  $26,994 
                 
 Change in plan assets                 
 Fair value of plan assets at beginning of year  $142,312  $142,114  $22,233  $22,250 
 Actual return on plan assets   11,996   6,447   161   1,317 
 Employer contribution   7,578   9,981   218   257 
 Benefits paid   (15,441)  (16,230)  (1,617)  (1,497)
 Foreign currency exchange rate & other changes      -   1,838   (94)
 Fair value of plan assets at end of year  $146,445  $142,312  $22,833  $22,233 
                 
 Funded Status  $(