Note 5. Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

During the three months ended March 31, 2015 and 2014, the changes in the balances of each component of Accumulated Other Comprehensive Income (Loss), net of tax, were as follows:

Accumulated Other Comprehensive Income (Loss)						Postemployment Benefits
(Amounts in Thousands)	Foreign Currency Translation Adjustments		Derivative Gain (Loss)			Prior Service Costs			Net Actuarial Gain (Loss)			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2014	$	—	$	—		$	(30	)	$	1,212		$	1,182
Other comprehensive income (loss) before reclassifications	—		—			—			28			28
Reclassification to (earnings) loss	—		—			25			(42		)	(17		)
Net current-period other comprehensive income (loss)	—		—			25			(14		)	11
Balance at March 31, 2015	$	—	$	—		$	(5	)	$	1,198		$	1,193
Balance at December 31, 2013	$	5,467	$	(4,583	)	$	(206	)	$	509		$	1,187
Other comprehensive income (loss) before reclassifications	21		268			—			271			560
Reclassification to (earnings) loss	—		364			43			47			454
Net current-period other comprehensive income (loss)	21		632			43			318			1,014
Balance at March 31, 2014	$	5,488	$	(3,951	)	$	(163	)	$	827		$	2,201

During the nine months ended March 31, 2015 and 2014, the changes in the balances of each component of Accumulated Other Comprehensive Income (Loss), net of tax, were as follows:

Accumulated Other Comprehensive Income (Loss)							Postemployment Benefits
(Amounts in Thousands)	Foreign Currency Translation Adjustments			Derivative Gain (Loss)			Prior Service Costs			Net Actuarial Gain (Loss)			Accumulated Other Comprehensive Income (Loss)
Balance at June 30, 2014	$	4,909		$	(3,411	)	$	(120	)	$	1,062		$	2,440
Other comprehensive income (loss) before reclassifications	(6,070		)	2,097			—			421			(3,552		)
Reclassification to (earnings) loss	—			(1,193		)	107			(88		)	(1,174		)
Distribution of Kimball Electronics, Inc.	1,161			2,507			8			(197		)	3,479
Net current-period other comprehensive income (loss)	(4,909		)	3,411			115			136			(1,247		)
Balance at March 31, 2015	$	—		$	—		$	(5	)	$	1,198		$	1,193
Balance at June 30, 2013	$	855		$	(4,359	)	$	(292	)	$	319		$	(3,477	)
Other comprehensive income (loss) before reclassifications	4,633			(466		)	—			344			4,511
Reclassification to (earnings) loss	—			874			129			164			1,167
Net current-period other comprehensive income (loss)	4,633			408			129			508			5,678
Balance at March 31, 2014	$	5,488		$	(3,951	)	$	(163	)	$	827		$	2,201

The following reclassifications were made from Accumulated Other Comprehensive Income (Loss) to the Condensed Consolidated Statements of Income:

Reclassifications from Accumulated Other Comprehensive Income (Loss)	Three Months Ended						Nine Months Ended						Affected Line Item in the Condensed Consolidated Statements of Income
	March 31,						March 31,
(Amounts in Thousands)	2015			2014			2015			2014
Derivative Gain (Loss) (1)	$	—		$	(364	)	$	1,193		$	(874	)	Income from Discontinued Operations, Net of Tax
Postemployment Benefits:
Amortization of Prior Service Costs (2)	$	(26	)	$	(35	)	$	(106	)	$	(119	)	Cost of Sales
	(15		)	(26		)	(58		)	(64		)	Selling and Administrative Expenses
	16			23			65			72			Provision (Benefit) for Income Taxes
	(25		)	(38		)	(99		)	(111		)	Income (Loss) from Continuing Operations
	$	—		$	(5	)	$	(8	)	$	(18	)	Income from Discontinued Operations, Net of Tax
Amortization of Actuarial Gain (Loss) (2)	$	38		$	(44	)	$	68		$	(154	)	Cost of Sales
	31			(25		)	65			(74		)	Selling and Administrative Expenses
	(27		)	27			(52		)	90			Provision (Benefit) for Income Taxes
	42			(42		)	81			(138		)	Income (Loss) from Continuing Operations
	$	—		$	(5	)	$	7		$	(26	)	Income from Discontinued Operations, Net of Tax
Total Reclassifications for the Period	$	17		$	(80	)	$	(18	)	$	(249	)	Income (Loss) from Continuing Operations
	—			(374		)	1,192			(918		)	Income from Discontinued Operations, Net of Tax
	$	17		$	(454	)	$	1,174		$	(1,167	)	Net Income

Amounts in parentheses indicate reductions to income.

(1) See Note 10 - Derivative Instruments of Notes to Condensed Consolidated Financial Statements for further information on derivative instruments.

(2) See Note 12 - Postemployment Benefits of Notes to Condensed Consolidated Financial Statements for further information on postemployment benefit plans.