XML 51 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Dec. 31, 2013
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 December 31, 2013:
Attributable to Kennametal:
Postretirement benefit plans

Currency translation adjustment

Derivatives

Total

Balance, September 30, 2013
$
(85,419
)
$
35,510

$
(12,642
)
$
(62,551
)
Other comprehensive loss before
  reclassifications
(810
)
11,263

(273
)
10,180

Amounts reclassified from AOCL
498


440

938

Net current period other comprehensive
  loss
(312
)
11,263

167

11,118

AOCL, December 31, 2013
$
(85,731
)
$
46,773

$
(12,475
)
$
(51,433
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, September 30, 2013
$

$
535

$

$
535

Other comprehensive loss before
  reclassifications

413


413

Net current period other comprehensive
  loss

413


413

AOCL, December 31, 2013
$

$
948

$

$
948

The components of and changes in AOCL were as follows (net of tax) for the six months ended December 31, 2013:
Attributable to Kennametal:
Postretirement benefit plans

Currency translation adjustment

Derivatives

Total

Balance, June 30, 2013
$
(83,937
)
$
7,414

$
(12,481
)
$
(89,004
)
Other comprehensive loss before
  reclassifications
(2,776
)
39,359

(843
)
35,740

Amounts reclassified from AOCL
982


849

1,831

Net current period other comprehensive
  loss
(1,794
)
39,359

6

37,571

AOCL, December 31, 2013
$
(85,731
)
$
46,773

$
(12,475
)
$
(51,433
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, June 30, 2013
$

$
721

$

$
721

Other comprehensive loss before
  reclassifications

227


227

Net current period other comprehensive
  loss

227


227

AOCL, December 31, 2013
$

$
948

$

$
948

Reclassification out of Accumulated Other Comprehensive Loss
Reclassifications out of AOCL for the three and six months ended December 31, 2013 consisted of the following:
Details about AOCL components
Three months ended December 31, 2013

Six months ended December 31, 2013

Affected line item in the Income Statement
Gains and losses on cash flow hedges:
 
 
 
Forward starting interest rate swaps
$
486

$
973

Interest expense
Currency exchange contracts
224

396

Other expense (income), net
Total before tax
710

1,369

 
Tax benefit
270

520

Provision for income taxes
Net of tax
$
440

$
849

 
 
 
 
 
Postretirement benefit plans:
 
 
 
Amortization of transition obligations
$
20

$
38

See pension note 10 for further details
Amortization of prior service credit
(86
)
(173
)
See pension note 10 for further details
Recognition of actuarial losses
749

1,470

See pension note 10 for further details
Total before taxes
683

1,335

 
Tax benefit
185

353

Provision for income taxes
Net of tax
$
498

$
982