Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss

3 Months Ended

Sep. 30, 2013

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

ACCUMULATED OTHER COMPREHENSIVE LOSS

Total accumulated other loss consists of net income and other changes in equity from transactions and other events from sources other than shareowners. It includes postretirement benefit plan adjustments, currency translation adjustments, and unrealized gains and losses from derivative instruments designated as cash flow hedges.

The components of, and changes in, accumulated other comprehensive loss (AOCL) were as follows (net of tax):

Attributable to Kennametal:	Postretirement benefit plans			Currency translation adjustment			Derivatives			Total
Balance, June 30, 2013	$	(83,937	)	$	7,414		$	(12,481	)	$	(89,004	)
Other comprehensive loss before   reclassifications	(1,966		)	28,096			(570		)	25,560
Amounts reclassified from AOCL	484			—			409			893
Net current period other comprehensive   loss	(1,482		)	28,096			(161		)	26,453
AOCL, September 30, 2013	$	(85,419	)	$	35,510		$	(12,642	)	$	(62,551	)
Attributable to noncontrolling interests:
Balance, June 30, 2013	$	—		$	721		$	—		$	721
Other comprehensive loss before   reclassifications	—			(186		)	—			(186		)
Net current period other comprehensive   loss	—			(186		)	—			(186		)
AOCL, September 30, 2013	$	—		$	535		$	—		$	535

Reclassifications out of AOCL for the quarter ended September 30, 2013 consisted of the following:

Details about AOCL components	Three months ended September 30, 2013			Affected line item in the Income Statement
Gains and losses on cash flow hedges:
Forward starting interest rate swaps	$	486		Interest expense
Currency exchange contracts	178			Other expense (income), net
Total before tax	664
Tax benefit	255			Provision for income taxes
Net of tax	$	409
Postretirement benefit plans:
Amortization of transition obligations	$	18		See pension note 8 for further details
Amortization of prior service credit	(87		)	See pension note 8 for further details
Recognition of actuarial losses	741			See pension note 8 for further details
Total before taxes	672
Tax benefit	188			Provision for income taxes
Net of tax	$	484