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Accumulated Other Comprehensive Loss (Tables) | 3 Months Ended
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Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Components of, and changes in accumulated other comprehensive loss | The components of, and changes in, AOCL were as follows, net of tax, for the three months ended September 30, 2016 (in thousands):
Attributable to Kennametal: | Postretirement benefit plans | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2016 | $ | (212,163 | ) | $ | (131,212 | ) | $ | (9,134 | ) | $ | (352,509 | )
Other comprehensive income (loss) before reclassifications | 630 |  | 749 |  | (126 | ) | 1,253 |
Amounts reclassified from AOCL | 1,834 |  | — |  | 387 |  | 2,221 |
Net current period other comprehensive income | 2,464 |  | 749 |  | 261 |  | 3,474 |
AOCL, September 30, 2016 | $ | (209,699 | ) | $ | (130,463 | ) | $ | (8,873 | ) | $ | (349,035 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2016 | $ | — |  | $ | (3,446 | ) | $ | — |  | $ | (3,446 | )
Other comprehensive income before reclassifications | — |  | 415 |  | — |  | 415 |
Net current period other comprehensive income | — |  | 415 |  | — |  | 415 |
AOCL, September 30, 2016 | $ | — |  | $ | (3,031 | ) | $ | — |  | $ | (3,031 | )
The components of, and changes in, AOCL were as follows, net of tax, for the three months ended September 30, 2015 (in thousands):
Attributable to Kennametal: | Postretirement benefit plans | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2015 | $ | (138,793 | ) | $ | (97,309 | ) | $ | (7,421 | ) | $ | (243,523 | )
Other comprehensive income (loss) before reclassifications | 999 |  | (18,310 | ) | 525 |  | (16,786 | )
Amounts reclassified from AOCL | 1,219 |  | — |  | (1,766 | ) | (547 | )
Net current period other comprehensive income (loss) | 2,218 |  | (18,310 | ) | (1,241 | ) | (17,333 | )
AOCL, September 30, 2015 | $ | (136,575 | ) | $ | (115,619 | ) | $ | (8,662 | ) | $ | (260,856 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June, 2015 | $ | — |  | $ | (2,258 | ) | $ | — |  | $ | (2,258 | )
Other comprehensive loss before reclassifications | — |  | (539 | ) | — |  | (539 | )
Net current period other comprehensive loss | — |  | (539 | ) | — |  | (539 | )
AOCL, September 30, 2015 | $ | — |  | $ | (2,797 | ) | $ | — |  | $ | (2,797 | )
Reclassification out of Accumulated Other Comprehensive Loss | Reclassifications out of AOCL for the three months ended September 30, 2016 and 2015 consisted of the following (in thousands):
| Three Months Ended September 30, |  |
Details about AOCL components | 2016 |  | 2015 |  | Affected line item in the Income Statement
Gains and losses on cash flow hedges: |  |  |  |  |
Forward starting interest rate swaps | $ | 545 |  |  | $ | 525 |  |  | Interest expense
Currency exchange contracts | (158 | ) |  | (3,373 | ) |  | Other expense, net
Total before tax | 387 |  |  | (2,848 | ) |  |
Tax expense | — |  |  | 1,082 |  |  | Provision for income taxes
Net of tax | $ | 387 |  |  | $ | (1,766 | ) |  |
Postretirement benefit plans: |  |  |  |  |
Amortization of transition obligations | $ | 23 |  |  | $ | 21 |  |  | See note 9 for further details
Amortization of prior service credit | (119 | ) |  | (110 | ) |  | See note 9 for further details
Recognition of actuarial losses | 2,201 |  |  | 1,914 |  |  | See note 9 for further details
Total before tax | 2,105 |  |  | 1,825 |  |  |
Tax benefit | (271 | ) |  | (606 | ) |  | Provision for income taxes
Net of tax | $ | 1,834 |  |  | $ | 1,219 |  |  |
Income Tax Allocated to Each Component of Other Comprehensive Income [Table Text Block] | The amount of income tax allocated to each component of other comprehensive income (loss) for the three months ended September 30, 2016 and 2015:
|  | 2016 |  |  |  |  | 2015 |
(in thousands) | Pre-tax | Tax impact | Net of tax |  |  | Pre-tax | Tax impact | Net of tax
Unrealized (loss) gain on derivatives designated and qualified as cash flow hedges | $ | (126 | ) | $ | — |  | $ | (126 | ) |  |  | $ | 847 |  | $ | (322 | ) | $ | 525 |
Reclassification of unrealized loss (gain) on expired derivatives designated and qualified as cash flow hedges | 387 |  | — |  | 387 |  |  |  | (2,848 | ) | 1,082 |  | (1,766 | )
Unrecognized net pension and other postretirement benefit gain | 716 |  | (86 | ) | 630 |  |  |  | 1,267 |  | (268 | ) | 999 |
Reclassification of net pension and other postretirement benefit loss | 2,105 |  | (271 | ) | 1,834 |  |  |  | 1,825 |  | (606 | ) | 1,219 |
Foreign currency translation adjustments | 1,164 |  | — |  | 1,164 |  |  |  | (18,905 | ) | 56 |  | (18,849 | )
Other comprehensive income (loss) | $ | 4,246 |  | $ | (357 | ) | $ | 3,889 |  |  |  | $ | (17,814 | ) | $ | (58 | ) | $ | (17,872 | )

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- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e526-108580 + Details
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