ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of, and changes in, accumulated other comprehensive loss (AOCL) were as follows, net of tax, for the nine months ended March 31, 2019:



(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	1,246			(20,147		)	141			(18,760		)
Amounts reclassified from AOCL	3,893			—			1,552			5,445
Net current period other comprehensive income (loss)	5,139			(20,147		)	1,693			(13,315		)
AOCL, March 30, 2019	$	(182,616	)	$	(147,494	)	$	(3,530	)	$	(333,640	)

Attributable to noncontrolling interests:
Balance, June 30, 2018	$	—		$	(2,913	)	$	—		$	(2,913	)
Other comprehensive loss before reclassifications	—			(698		)	—			(698		)
Net current period other comprehensive loss	—			(698		)	—			(698		)
AOCL, March 31, 2019	$	—		$	(3,611	)	$	—		$	(3,611	)

The components of, and changes in, AOCL were as follows, net of tax, for the nine months ended March 31, 2018:



(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	(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	)

Reclassifications out of AOCL for the three and nine months ended March 31, 2019 and 2018 consisted of the following:



	Three Months Ended March 31,						Nine Months Ended March 31,
(in thousands)	2019			2018			2019			2018			Affected line item in the Income Statement
Losses on cash flow hedges:
Forward starting interest rate swaps	$	588		$	566		$	1,764		$	1,698		Interest expense
Currency exchange contracts	333			623			292			1,350			Other income, net
Total before tax	921			1,189			2,056			3,048
Tax impact	(226		)	(291		)	(504		)	(747		)	Provision for income taxes
Net of tax	$	695		$	898		$	1,552		$	2,301

Postretirement benefit plans:
Amortization of transition obligations	$	23		$	24		$	68		$	70		Other income, net
Amortization of prior service (credit) cost	(27		)	(48		)	(83		)	74			Other income, net
Recognition of actuarial losses	1,744			1,816			5,242			5,384			Other income, net
Total before tax	1,740			1,792			5,227			5,528
Tax impact	(453		)	(448		)	(1,334		)	(836		)	Provision for income taxes
Net of tax	$	1,287		$	1,344		$	3,893		$	4,692

The amount of income tax allocated to each component of other comprehensive income for the three months ended March 31, 2019 and 2018 were as follows:



				2019									2018
(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	$	307		$	(75	)	$	232		$	(1,037	)	$	254		$	(783	)
Reclassification of unrealized loss on derivatives designated and qualified as cash flow hedges	921			(226		)	695			1,189			(291		)	898
Unrecognized net pension and other postretirement benefit gain (loss)	172			(121		)	51			(2,271		)	522			(1,749		)
Reclassification of net pension and other postretirement benefit loss	1,740			(453		)	1,287			1,792			(448		)	1,344
Foreign currency translation adjustments	(1,327		)	88			(1,239		)	20,437			(155		)	20,282
Other comprehensive (loss) income	$	1,813		$	(787	)	$	1,026		$	20,110		$	(118	)	$	19,992

The amount of income tax allocated to each component of other comprehensive (loss) income for the nine months ended March 31, 2019 and 2018 were as follows:



				2019									2018
(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	$	187		$	(46	)	$	141		$	(2,236	)	$	548		$	(1,688	)
Reclassification of unrealized loss on derivatives designated and qualified as cash flow hedges	2,056			(504		)	1,552			3,048			(747		)	2,301
Unrecognized net pension and other postretirement benefit gain (loss)	1,723			(477		)	1,246			(5,705		)	1,366			(4,339		)
Reclassification of net pension and other postretirement benefit loss	5,227			(1,334		)	3,893			5,528			(836		)	4,692
Foreign currency translation adjustments	(21,007		)	162			(20,845		)	54,495			(420		)	54,075
Other comprehensive (loss) income	$	(11,814	)	$	(2,199	)	$	(14,013	)	$	55,130		$	(89	)	$	55,041