ACCUMULATED OTHER COMPREHENSIVE LOSS

Total accumulated other comprehensive loss (AOCL) consists of net income and other changes in equity from transactions and other events from sources other than shareholders. It includes postretirement benefit plan adjustments, currency translation adjustments and unrealized gains and losses from derivative instruments designated as cash flow hedges.

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	)

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

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	)