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Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Dec. 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, accumulated other comprehensive loss (AOCL) were as follows, net of tax, for the six months ended December 31, 2018:
(in thousands)
Postretirement benefit plans
Currency translation adjustment
Derivatives
Total
Attributable to Kennametal:
 
 
 
 
Balance, June 30, 2018
$
(187,755
)
$
(127,347
)
$
(5,223
)
$
(320,325
)
Other comprehensive income (loss) before reclassifications
1,194

(18,873
)
(91
)
(17,770
)
Amounts reclassified from AOCL
2,606

—

857

3,463

Net current period other comprehensive
  income (loss)
3,800

(18,873
)
766

(14,307
)
AOCL, December 31, 2018
$
(183,955
)
$
(146,220
)
$
(4,457
)
$
(334,632
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, June 30, 2018
$
—

$
(2,913
)
$
—

$
(2,913
)
Other comprehensive loss before
  reclassifications
—

(732
)
—

(732
)
Net current period other comprehensive
  loss
—

(732
)
—

(732
)
AOCL, December 31, 2018
$
—

$
(3,645
)
$
—

$
(3,645
)


The components of, and changes in, AOCL were as follows, net of tax, for the six months ended December 31, 2017:
(in thousands)
Postretirement benefit plans
Currency translation adjustment
Derivatives
Total
Attributable to Kennametal:
 
 
 
 
Balance, June 30, 2017
$
(189,038
)
$
(126,606
)
$
(8,048
)
$
(323,692
)
Other comprehensive (loss) income before reclassifications
(2,590
)
32,620

(905
)
29,125

Amounts reclassified from AOCL
3,348

—

1,403

4,751

Net current period other comprehensive
  income
758

32,620

498

33,876

AOCL, December 31, 2017
$
(188,280
)
$
(93,986
)
$
(7,550
)
$
(289,816
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, June 30, 2017
$
—

$
(2,164
)
$
—

$
(2,164
)
Other comprehensive income before
  reclassifications
—

1,173

—

1,173

Net current period other comprehensive
  income
—

1,173

—

1,173

AOCL, December 31, 2017
$
—

$
(991
)
$
—

$
(991
)
Reclassification out of Accumulated Other Comprehensive Loss
Reclassifications out of AOCL for the three and six months ended December 31, 2018 and 2017 consisted of the following:
 
Three Months Ended December 31,
Six Months Ended December 31,
 
 
(in thousands)
2018
 
2017
2018
 
2017
 
Affected line item in the Income Statement
Gains and losses on cash flow hedges:
 
 
 
 
 
 
 
 
Forward starting interest rate swaps
$
588

 
$
566

$
1,176

 
$
1,132

 
Interest expense
Currency exchange contracts
(241
)
 
768

(41
)
 
726

 
Other income, net
Total before tax
347

 
1,334

1,135

 
1,858

 
 
Tax impact
(85
)
 
(327
)
(278
)
 
(455
)
 
Provision for income taxes
Net of tax
$
262

 
$
1,007

$
857

 
$
1,403

 
 
 
 
 
 
 
 
 
 
 
Postretirement benefit plans:
 
 
 
 
 
 
 
 
Amortization of transition obligations
$
23

 
$
23

$
45

 
$
46

 
Other income, net
Amortization of prior service (credit) cost
(27
)
 
(47
)
(55
)
 
121

 
Other income, net
Recognition of actuarial losses
1,741

 
1,788

3,498

 
3,568

 
Other income, net
Total before tax
1,737

 
1,764

3,488

 
3,735

 
 
Tax impact
(439
)
 
(195
)
(882
)
 
(387
)
 
Provision for income taxes
Net of tax
$
1,298

 
$
1,569

$
2,606

 
$
3,348

 
 
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 (loss) income for the three months ended December 31, 2018 and 2017 were as follows:
 
 
2018
 
 
 
 
2017
 
(in thousands)
Pre-tax
Tax impact
Net of tax
 
 
Pre-tax
Tax impact
Net of tax
Unrealized gain (loss) on derivatives designated and qualified as cash flow hedges
$
225

$
(55
)
$
170

 
 
$
(379
)
$
93

$
(286
)
Reclassification of unrealized loss on derivatives designated and qualified as cash flow hedges
347

(85
)
262

 
 
1,334

(327
)
1,007

Unrecognized net pension and other postretirement benefit gain (loss)
1,134

(263
)
871

 
 
(834
)
209

(625
)
Reclassification of net pension and other postretirement benefit loss
1,737

(439
)
1,298

 
 
1,764

(195
)
1,569

Foreign currency translation adjustments
(3,407
)
7

(3,400
)
 
 
13,996

(72
)
13,924

Other comprehensive (loss) income
$
36

$
(835
)
$
(799
)
 
 
$
15,881

$
(292
)
$
15,589


The amount of income tax allocated to each component of other comprehensive (loss) income for the six months ended December 31, 2018 and 2017 were as follows:
 
 
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
$
(121
)
$
30

$
(91
)
 
 
$
(1,199
)
$
294

$
(905
)
Reclassification of unrealized loss on derivatives designated and qualified as cash flow hedges
1,135

(278
)
857

 
 
1,858

(455
)
1,403

Unrecognized net pension and other postretirement benefit gain (loss)
1,551

(357
)
1,194

 
 
(3,434
)
844

(2,590
)
Reclassification of net pension and other postretirement benefit loss
3,488

(882
)
2,606

 
 
3,735

(387
)
3,348

Foreign currency translation adjustments
(19,679
)
74

(19,605
)
 
 
34,058

(265
)
33,793

Other comprehensive (loss) income
$
(13,626
)
$
(1,413
)
$
(15,039
)
 
 
$
35,018

$
31

$
35,049