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Accumulated Other Comprehensive Loss
 9 Months Ended
Mar. 31, 2024
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 nine months ended March 31, 2024:
(in thousands)Pension and other postretirement benefitsCurrency translation adjustmentDerivativesTotal
Attributable to Kennametal:
Balance, June 30, 2023
$(215,435)$(202,641)$3,733 $(414,343)
Other comprehensive income (loss) before reclassifications239 (7,091)(43)(6,895)
Amounts reclassified from AOCL3,191 (544)2,647 
Net other comprehensive income (loss)3,430 (7,091)(587)(4,248)
AOCL, March 31, 2024
$(212,005)$(209,732)$3,146 $(418,591)
Attributable to noncontrolling interests:
Balance, June 30, 2023
$— $(8,139)$— $(8,139)
Other comprehensive loss before reclassifications— (450)— (450)
Net other comprehensive loss— (450)— (450)
AOCL, March 31, 2024
$— $(8,589)$— $(8,589)
The components of, and changes in, AOCL were as follows, net of tax, for the nine months ended March 31, 2023:
(in thousands)Pension and other postretirement benefitsCurrency translation adjustmentDerivativesTotal
Attributable to Kennametal:
Balance, June 30, 2022
$(208,406)$(210,048)$4,503 $(413,951)
Other comprehensive (loss) income before reclassifications(1,106)13,903 — 12,797 
Amounts reclassified from AOCL2,480 — (577)1,903 
Net other comprehensive income (loss)1,374 13,903 (577)14,700 
AOCL, March 31, 2023
$(207,032)$(196,145)$3,926 $(399,251)
Attributable to noncontrolling interests:
Balance, June 30, 2022
$— $(7,547)$— $(7,547)
Other comprehensive loss before reclassifications— (344)— (344)
Net other comprehensive loss— (344)— (344)
AOCL, March 31, 2023
$— $(7,891)$— $(7,891)

Reclassifications out of AOCL for the three and nine months ended March 31, 2024 and 2023 consisted of the following:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2024202320242023Affected line item in the Income Statement
(Gains) losses on cash flow hedges:
Forward starting interest rate swaps$(255)$(255)$(766)$(766)Interest expense
Currency exchange contracts36 — 17 — Cost of goods sold
Total before tax(219)(255)(749)(766)
Tax impact60 63 205 189 Provision for income taxes
Net of tax$(159)$(192)$(544)$(577)
Pension and other postretirement benefits:
Amortization of transition obligations$19 $21 $57 $62 Other (income) expense, net
Amortization of prior service credit(64)(67)(194)(199)Other (income) expense, net
Recognition of actuarial losses1,477 1,165 4,421 3,458 Other (income) expense, net
Total before tax1,432 1,119 4,284 3,321 
Tax impact(366)(277)(1,093)(841)Provision for income taxes
Net of tax$1,066 $842 $3,191 $2,480 
The amount of income tax allocated to each component of other comprehensive (loss) income for the three months ended March 31, 2024 and 2023 were as follows:
20242023
(in thousands)Pre-taxTax impactNet of taxPre-taxTax impactNet of tax
Unrealized gain on derivatives designated and qualified as cash flow hedges$22 $(6)$16 $— $— $— 
Reclassification of unrealized gain on derivatives designated and qualified as cash flow hedges(219)60 (159)(255)63 (192)
Unrecognized net pension and other postretirement benefit plans gain (loss)655 (181)474 (1,428)369 (1,059)
Reclassification of net pension and other postretirement benefit plans loss1,432 (366)1,066 1,119 (277)842 
Foreign currency translation adjustments(19,229)86 (19,143)13,598 91 13,689 
Other comprehensive (loss) income$(17,339)$(407)$(17,746)$13,034 $246 $13,280