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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
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
)