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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Mar. 31, 2017
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 nine months ended March 31, 2017 (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 | 3,376 |  | (26,810 | ) | 614 |  | (22,820 | )
Amounts reclassified from AOCL | 5,434 |  | — |  | 1,158 |  | 6,592 |
Net current period other comprehensive income (loss) | 8,810 |  | (26,810 | ) | 1,772 |  | (16,228 | )
AOCL, March 31, 2017 | $ | (203,353 | ) | $ | (158,022 | ) | $ | (7,362 | ) | $ | (368,737 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2016 | $ | — |  | $ | (3,446 | ) | $ | — |  | $ | (3,446 | )
Other comprehensive income before reclassifications | — |  | 330 |  | — |  | 330 |
Net current period other comprehensive income | — |  | 330 |  | — |  | 330 |
AOCL, March 31, 2017 | $ | — |  | $ | (3,116 | ) | $ | — |  | $ | (3,116 | )
The components of, and changes in, AOCL were as follows, net of tax, for the nine months ended March 31, 2016 (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 | 1,561 |  | (24,165 | ) | 165 |  | (22,439 | )
Amounts reclassified from AOCL | 3,641 |  | 15,088 |  | (1,946 | ) | 16,783 |
Net current period other comprehensive income (loss) | 5,202 |  | (9,077 | ) | (1,781 | ) | (5,656 | )
AOCL, March 31, 2016 | $ | (133,591 | ) | $ | (106,386 | ) | $ | (9,202 | ) | $ | (249,179 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2015 | $ | — |  | $ | (2,258 | ) | $ | — |  | $ | (2,258 | )
Other comprehensive loss before reclassifications | — |  | (540 | ) | — |  | (540 | )
Net current period other comprehensive loss | — |  | (540 | ) | — |  | (540 | )
AOCL, March 31, 2016 | $ | — |  | $ | (2,798 | ) | $ | — |  | $ | (2,798 | )
Reclassification out of Accumulated Other Comprehensive Loss | Reclassifications out of AOCL for the three and nine months ended March 31, 2017 and 2016 consisted of the following (in thousands):
| Three Months Ended March 31, | Nine Months Ended March 31, |  |
Details about AOCL components | 2017 |  | 2016 | 2017 |  | 2016 |  | Affected line item in the Income Statement
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |
Forward starting interest rate swaps | $ | 545 |  |  | $ | 525 |  | $ | 1,635 |  |  | $ | 1,574 |  |  | Interest expense
Currency exchange contracts | (156 | ) |  | (141 | ) | (477 | ) |  | (4,713 | ) |  | Other expense (income), net
Total before tax | 389 |  |  | 384 |  | 1,158 |  |  | (3,139 | ) |  |
Tax impact | — |  |  | (146 | ) | — |  |  | 1,193 |  |  | Provision (benefit) for income taxes
Net of tax | $ | 389 |  |  | $ | 238 |  | $ | 1,158 |  |  | $ | (1,946 | ) |  |
Postretirement benefit plans: |  |  |  |  |  |  |  |
Amortization of transition obligations | $ | 22 |  |  | $ | 19 |  | $ | 67 |  |  | $ | 61 |  |  | See note 10 for further details
Amortization of prior service credit | (119 | ) |  | (110 | ) | (355 | ) |  | (329 | ) |  | See note 10 for further details
Recognition of actuarial losses | 2,155 |  |  | 1,886 |  | 6,532 |  |  | 5,694 |  |  | See note 10 for further details
Total before tax | 2,058 |  |  | 1,795 |  | 6,244 |  |  | 5,426 |  |  |
Tax impact | (254 | ) |  | (576 | ) | (810 | ) |  | (1,785 | ) |  | Provision (benefit) for income taxes
Net of tax | $ | 1,804 |  |  | $ | 1,219 |  | $ | 5,434 |  |  | $ | 3,641 |  |  |
Foreign currency translation adjustments: |  |  |  |  |  |  |  |
Released due to divestiture | $ | — |  |  | $ | (1,940 | ) | $ | — |  |  | $ | 15,088 |  |  | Loss on divestiture
Total before taxes | — |  |  | (1,940 | ) | — |  |  | 15,088 |  |  |
Tax impact | — |  |  | — |  | — |  |  | — |  |  | Provision (benefit) for income taxes
Net of tax | $ | — |  |  | $ | (1,940 | ) | $ | — |  |  | $ | 15,088 |  |  |
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 for the three months ended March 31, 2017 and 2016:
|  | 2017 |  |  |  |  | 2016 |
(in thousands) | Pre-tax | Tax impact | Net of tax |  |  | Pre-tax | Tax impact | Net of tax
Unrealized loss on derivatives designated and qualified as cash flow hedges | $ | (866 | ) | $ | — |  | $ | (866 | ) |  |  | $ | (1,027 | ) | $ | 390 |  | $ | (637 | )
Reclassification of unrealized loss on expired derivatives designated and qualified as cash flow hedges | 389 |  | — |  | 389 |  |  |  | 384 |  | (146 | ) | 238 |
Unrecognized net pension and other postretirement benefit loss | (970 | ) | 245 |  | (725 | ) |  |  | (1,332 | ) | 444 |  | (888 | )
Reclassification of net pension and other postretirement benefit loss | 2,058 |  | (254 | ) | 1,804 |  |  |  | 1,795 |  | (576 | ) | 1,219 |
Foreign currency translation adjustments | 13,706 |  | 79 |  | 13,785 |  |  |  | 19,432 |  | (1,649 | ) | 17,783 |
Reclassification of foreign currency translation adjustment gain realized upon sale | — |  | — |  | — |  |  |  | (1,940 | ) | — |  | (1,940 | )
Other comprehensive income | $ | 14,317 |  | $ | 70 |  | $ | 14,387 |  |  |  | $ | 17,312 |  | $ | (1,537 | ) | $ | 15,775 |
The amount of income tax allocated to each component of other comprehensive loss for the nine months ended March 31, 2017 and 2016:
|  | 2017 |  |  |  |  | 2016 |
(in thousands) | Pre-tax | Tax impact | Net of tax |  |  | Pre-tax | Tax impact | Net of tax
Unrealized gain on derivatives designated and qualified as cash flow hedges | $ | 614 |  | $ | — |  | $ | 614 |  |  |  | $ | 266 |  | $ | (101 | ) | $ | 165 |
Reclassification of unrealized loss (gain) on expired derivatives designated and qualified as cash flow hedges | 1,158 |  | — |  | 1,158 |  |  |  | (3,139 | ) | 1,193 |  | (1,946 | )
Unrecognized net pension and other postretirement benefit gain | 4,431 |  | (1,055 | ) | 3,376 |  |  |  | 1,884 |  | (323 | ) | 1,561 |
Reclassification of net pension and other postretirement benefit loss | 6,244 |  | (810 | ) | 5,434 |  |  |  | 5,426 |  | (1,785 | ) | 3,641 |
Foreign currency translation adjustments | (26,559 | ) | 79 |  | (26,480 | ) |  |  | (25,294 | ) | 589 |  | (24,705 | )
Reclassification of foreign currency translation adjustment loss realized upon sale | — |  | — |  | — |  |  |  | 15,088 |  | — |  | 15,088 |
Other comprehensive loss | $ | (14,112 | ) | $ | (1,786 | ) | $ | (15,898 | ) |  |  | $ | (5,769 | ) | $ | (427 | ) | $ | (6,196 | )

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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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