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Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Mar. 31, 2018
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, 2018 (in thousands):
Attributable to Kennametal: | Postretirement benefit plans | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2017 | $ | (189,038 | ) | $ | (126,606 | ) | $ | (8,048 | ) | $ | (323,692 | )
Other comprehensive income (loss) before reclassifications | (4,339 | ) | 52,632 |  | (1,688 | ) | 46,605 |
Amounts reclassified from AOCL | 4,692 |  | — |  | 2,301 |  | 6,993 |
Net current period other comprehensive income | 353 |  | 52,632 |  | 613 |  | 53,598 |
AOCL, March 31, 2018 | $ | (188,685 | ) | $ | (73,974 | ) | $ | (7,435 | ) | $ | (270,094 | )
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2017 | $ | — |  | $ | (2,164 | ) | $ | — |  | $ | (2,164 | )
Other comprehensive income before reclassifications | — |  | 1,443 |  | — |  | 1,443 |
Net current period other comprehensive income | — |  | 1,443 |  | — |  | 1,443 |
AOCL, March 31, 2018 | $ | — |  | $ | (721 | ) | $ | — |  | $ | (721 | )
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 | )
Reclassification out of Accumulated Other Comprehensive Loss | Reclassifications out of AOCL for the three and nine months ended March 31, 2018 and 2017 consisted of the following (in thousands):
| Three Months Ended March 31, | Nine Months Ended March 31, |  |
Details about AOCL components | 2018 |  | 2017 | 2018 |  | 2017 |  | Affected line item in the Income Statement
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |
Forward starting interest rate swaps | $ | 566 |  |  | $ | 545 |  | $ | 1,698 |  |  | $ | 1,635 |  |  | Interest expense
Currency exchange contracts | 623 |  |  | (156 | ) | 1,350 |  |  | (477 | ) |  | Other expense, net
Total before tax | 1,189 |  |  | 389 |  | 3,048 |  |  | 1,158 |  |  |
Tax impact | (291 | ) |  | — |  | (747 | ) |  | — |  |  | Provision for income taxes
Net of tax | $ | 898 |  |  | $ | 389 |  | $ | 2,301 |  |  | $ | 1,158 |  |  |
Postretirement benefit plans: |  |  |  |  |  |  |  |
Amortization of transition obligations | $ | 24 |  |  | $ | 22 |  | $ | 70 |  |  | $ | 67 |  |  | See note 9 for further details
Amortization of prior service (credit) cost | (48 | ) |  | (119 | ) | 74 |  |  | (355 | ) |  | See note 9 for further details
Recognition of actuarial losses | 1,816 |  |  | 2,155 |  | 5,384 |  |  | 6,532 |  |  | See note 9 for further details
Total before tax | 1,792 |  |  | 2,058 |  | 5,528 |  |  | 6,244 |  |  |
Tax impact | (448 | ) |  | (254 | ) | (836 | ) |  | (810 | ) |  | Provision for income taxes
Net of tax | $ | 1,344 |  |  | $ | 1,804 |  | $ | 4,692 |  |  | $ | 5,434 |  |  |
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, 2018 and 2017:
|  | 2018 |  |  |  |  | 2017 |
(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 | $ | (1,037 | ) | $ | 254 |  | $ | (783 | ) |  |  | $ | (866 | ) | $ | — |  | $ | (866 | )
Reclassification of unrealized loss on expired derivatives designated and qualified as cash flow hedges | 1,189 |  | (291 | ) | 898 |  |  |  | 389 |  | — |  | 389 |
Unrecognized net pension and other postretirement benefit loss | (2,271 | ) | 522 |  | (1,749 | ) |  |  | (970 | ) | 245 |  | (725 | )
Reclassification of net pension and other postretirement benefit loss | 1,792 |  | (448 | ) | 1,344 |  |  |  | 2,058 |  | (254 | ) | 1,804 |
Foreign currency translation adjustments | 20,437 |  | (155 | ) | 20,282 |  |  |  | 13,706 |  | 79 |  | 13,785 |
Other comprehensive income | $ | 20,110 |  | $ | (118 | ) | $ | 19,992 |  |  |  | $ | 14,317 |  | $ | 70 |  | $ | 14,387 |
The amount of income tax allocated to each component of other comprehensive income (loss) for the nine months ended March 31, 2018 and 2017:
|  | 2018 |  |  |  |  | 2017 |
(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 | $ | (2,236 | ) | $ | 548 |  | $ | (1,688 | ) |  |  | $ | 614 |  | $ | — |  | $ | 614 |
Reclassification of unrealized loss on expired derivatives designated and qualified as cash flow hedges | 3,048 |  | (747 | ) | 2,301 |  |  |  | 1,158 |  | — |  | 1,158 |
Unrecognized net pension and other postretirement benefit (loss) gain | (5,705 | ) | 1,366 |  | (4,339 | ) |  |  | 4,431 |  | (1,055 | ) | 3,376 |
Reclassification of net pension and other postretirement benefit loss | 5,528 |  | (836 | ) | 4,692 |  |  |  | 6,244 |  | (810 | ) | 5,434 |
Foreign currency translation adjustments | 54,495 |  | (420 | ) | 54,075 |  |  |  | (26,559 | ) | 79 |  | (26,480 | )
Other comprehensive income (loss) | $ | 55,130 |  | $ | (89 | ) | $ | 55,041 |  |  |  | $ | (14,112 | ) | $ | (1,786 | ) | $ | (15,898 | )

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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=84228862&loc=d3e526-108580 + Details
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