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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of Accumulated Other Comprehensive I(Loss) Income [Table Text Block]

The components of and changes in AOCL were as follows (net of tax) for the year ended June 30, 2014 (in thousands):
Attributable to Kennametal:
Post-retirement benefit plans
Currency translation adjustment
Derivatives
Total
Balance, June 30, 2013
$
(83,936
)
$
7,413

$
(12,481
)
$
(89,004
)
Other comprehensive loss before
reclassifications
(11,990
)
31,398

(706
)
18,702

Amounts Reclassified from AOCL
2,184


1,987

4,171

Net current period other comprehensive loss
(9,806
)
31,398

1,281

22,873

AOCL, June 30, 2014
$
(93,742
)
$
38,811

$
(11,200
)
$
(66,131
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, June 30, 2013
$

$
721

$

$
721

Other comprehensive loss before
reclassifications

366


366

Net current period other comprehensive loss

366


366

AOCL, June 30, 2014
$

$
1,087

$

$
1,087



The components of and changes in AOCL were as follows (net of tax) for the year ended June 30, 2013 (in thousands):
Attributable to Kennametal:
Post-retirement benefit plans
Currency translation adjustment
Derivatives
Total
Balance, June 30, 2012
$
(132,991
)
$
(4,424
)
$
(13,247
)
$
(150,662
)
Other comprehensive loss before
reclassifications
39,376

9,772

(611
)
48,537

Amounts Reclassified from AOCL
9,679


1,377

11,056

Sale of subsidiary stock to noncontrolling
  interest

2,065


2,065

Net current period other comprehensive loss
49,055

11,837

766

61,658

AOCL, June 30, 2013
$
(83,936
)
$
7,413

$
(12,481
)
$
(89,004
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, June 30, 2012
$

$
1,271

$

$
1,271

Other comprehensive loss before
reclassifications

(550
)

(550
)
Net current period other comprehensive loss

(550
)

(550
)
AOCL, June 30, 2013
$

$
721

$

$
721

Reclassification out of Accumulated Other Comprehensive Loss
Reclassifications out of AOCL for the years ended June 30, 2014 and 2013 consisted of the following:
Details about AOCL components
(in thousands)
Year ended June 30, 2014
Year ended June 30, 2013
Affected line item in the Income Statement
Gains and losses on cash flow hedges:
 
 
 
Forward starting interest rate swaps
$
1,945

$
1,872

Interest expense
Currency exchange contracts
1,260

363

Other expense (income), net
Total before tax
3,205

2,235

 
Tax benefit
1,218

858

Provision for income taxes
Net of tax
$
1,987

$
1,377

 
 
 
 
 
Post-retirement benefit plans:
 
 
 
Amortization of transition obligations
$
78

$
69

See pension note 12
Amortization of prior service credit
(345
)
(306
)
See pension note 12
Recognition of actuarial losses
2,959

15,378

See pension note 12
Total before tax
2,692

15,141

 
Tax (benefit) expense
(508
)
5,462

Provision for income taxes
Net of tax
$
2,184

$
9,679