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Accumulated Other Comprehensive Loss
6 Months Ended
Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss 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, 2021:
(in thousands)Pension and other postretirement benefitsCurrency translation adjustmentDerivativesTotal
Attributable to Kennametal:
Balance, June 30, 2021$(213,172)$(122,428)$5,273 $(330,327)
Other comprehensive income (loss) before reclassifications2,781 (25,653)— (22,872)
Amounts reclassified from AOCL4,416 — (385)4,031 
Net current period other comprehensive income (loss)7,197 (25,653)(385)(18,841)
AOCL, December 31, 2021$(205,975)$(148,081)$4,888 $(349,168)
Attributable to noncontrolling interests:
Balance, June 30, 2021$— $(3,982)$— $(3,982)
Other comprehensive income before reclassifications— (904)— (904)
Net current period other comprehensive income— (904)— (904)
AOCL, December 31, 2021$— $(4,886)$— $(4,886)

The components of, and changes in, AOCL were as follows, net of tax, for the six months ended December 31, 2020:
(in thousands)Pension and other postretirement benefitsCurrency translation adjustmentDerivativesTotal
Attributable to Kennametal:
Balance, June 30, 2020$(232,634)$(181,027)$(3,581)$(417,242)
Other comprehensive (loss) income before reclassifications(7,521)71,912 4,501 68,892 
Amounts reclassified from AOCL5,179 — 940 6,119 
Net current period other comprehensive (loss) income(2,342)71,912 5,441 75,011 
AOCL, December 31, 2020$(234,976)$(109,115)$1,860 $(342,231)
Attributable to noncontrolling interests:
Balance, June 30, 2020$— $(5,909)$— $(5,909)
Other comprehensive income before reclassifications— 2,635 — 2,635 
Net current period other comprehensive income— 2,635 — 2,635 
AOCL, December 31, 2020$— $(3,274)$— $(3,274)
Reclassifications out of AOCL for the three and six months ended December 31, 2021 and 2020 consisted of the following:
Three Months Ended December 31,Six Months Ended December 31,
(in thousands)2021202020212020Affected line item in the Income Statement
Losses and (gains) on cash flow hedges:
Forward starting interest rate swaps$(255)$635 $(511)$1,269 Interest expense
Currency exchange contracts— (1)— (24)Cost of goods sold and other income, net
Total before tax(255)634 (511)1,245 
Tax impact63 (155)126 (305)Provision for income taxes
Net of tax$(192)$479 $(385)$940 
Pension and other postretirement benefits:
Amortization of transition obligations$24 $23 $48 $45 Other income, net
Amortization of prior service credit(66)(61)(133)(121)Other income, net
Recognition of actuarial losses3,015 3,463 6,059 6,912 Other income, net
Total before tax2,973 3,425 5,974 6,836 
Tax impact(772)(811)(1,558)(1,657)Provision for income taxes
Net of tax$2,201 $2,614 $4,416 $5,179 

The amount of income tax allocated to each component of other comprehensive (loss) income for the three months ended December 31, 2021 and 2020 were as follows:
20212020
(in thousands)Pre-taxTax impactNet of taxPre-taxTax impactNet of tax
Unrealized gain on derivatives designated and qualified as cash flow hedges$— $— $— $4,359 $(1,068)$3,291 
Reclassification of unrealized (gain) loss on derivatives designated and qualified as cash flow hedges(255)63 (192)634 (155)479 
Unrecognized net pension and other postretirement benefit gain (loss)1,232 (356)876 (5,272)1,061 (4,211)
Reclassification of net pension and other postretirement benefit loss2,973 (772)2,201 3,425 (811)2,614 
Foreign currency translation adjustments(10,062)(19)(10,081)41,671 930 42,601 
Other comprehensive (loss) income$(6,112)$(1,084)$(7,196)$44,817 $(43)$44,774 
The amount of income tax allocated to each component of other comprehensive (loss) income for the six months ended December 31, 2021 and 2020 were as follows:
20212020
(in thousands)Pre-taxTax impactNet of taxPre-taxTax impactNet of tax
Unrealized gain on derivatives designated and qualified as cash flow hedges$— $— $— $5,962 $(1,461)$4,501 
Reclassification of unrealized (gain) loss on derivatives designated and qualified as cash flow hedges(511)126 (385)1,245 (305)940 
Unrecognized net pension and other postretirement benefit gain (loss)3,831 (1,050)2,781 (9,654)2,133 (7,521)
Reclassification of net pension and other postretirement benefit loss5,974 (1,558)4,416 6,836 (1,657)5,179 
Foreign currency translation adjustments(26,519)(38)(26,557)73,777 770 74,547 
Other comprehensive (loss) income$(17,225)$(2,520)$(19,745)$78,166 $(520)$77,646