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Accumulated Other Comprehensive Loss (Tables)
 9 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of, and changes in 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, 2020:
(in thousands)
Pension and other postretirement benefits
Currency translation adjustment
Derivatives
Total
Attributable to Kennametal:
 
 
 
 
Balance, June 30, 2019
$
(222,270
)
$
(147,595
)
$
(3,678
)
$
(373,543
)
Other comprehensive income (loss) before reclassifications
2,123

(44,855
)
(144
)
(42,876
)
Amounts reclassified from AOCL
5,916

—

306

6,222

Net current period other comprehensive
  income (loss)
8,039

(44,855
)
162

(36,654
)
AOCL, March 31, 2020
$
(214,231
)
$
(192,450
)
$
(3,516
)
$
(410,197
)
 
 
 
 
 
Attributable to noncontrolling interests:
 
 
 
 
Balance, June 30, 2019
$
—

$
(3,450
)
$
—

$
(3,450
)
Other comprehensive loss before
  reclassifications
—

(2,836
)
—

(2,836
)
Net current period other comprehensive loss
—

(2,836
)
—

(2,836
)
AOCL, March 31, 2020
$
—

$
(6,286
)
$
—

$
(6,286
)


The components of, and changes in, AOCL were as follows, net of tax, for the nine months ended March 31, 2019:
(in thousands)
Pension and other postretirement benefits
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 31, 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
)
Reclassification out of Accumulated Other Comprehensive Loss
Reclassifications out of AOCL for the three and nine months ended March 31, 2020 and 2019 consisted of the following:
 
Three Months Ended March 31,
Nine Months Ended March 31,
 
 
(in thousands)
2020
 
2019
2020
 
2019
 
Affected line item in the Income Statement
Gains and losses on cash flow hedges:
 
 
 
 
 
 
 
 
Forward starting interest rate swaps
$
611

 
$
588

$
1,833

 
$
1,764

 
Interest expense
Currency exchange contracts
75

 
333

(1,428
)
 
292

 
Cost of goods sold and other income, net
Total before tax
686

 
921

405

 
2,056

 
 
Tax impact
(168
)
 
(226
)
(99
)
 
(504
)
 
Provision (benefit) for income taxes
Net of tax
$
518

 
$
695

$
306

 
$
1,552

 
 
 
 
 
 
 
 
 
 
 
Pension and other postretirement benefits:
 
 
 
 
 
 
 
 
Amortization of transition obligations
$
23

 
$
23

$
67

 
$
68

 
Other income, net
Amortization of prior service credit
(56
)
 
(27
)
(169
)
 
(83
)
 
Other income, net
Recognition of actuarial losses
2,661

 
1,744

7,970

 
5,242

 
Other income, net
Total before tax
2,628

 
1,740

7,868

 
5,227

 
 
Tax impact
(662
)
 
(453
)
(1,952
)
 
(1,334
)
 
Provision (benefit) for income taxes
Net of tax
$
1,966

 
$
1,287

$
5,916

 
$
3,893

 
 
Income Tax Allocated to Each Component of Other Comprehensive Income [Table Text Block]
The amount of income tax allocated to each component of other comprehensive (loss) income for the three months ended March 31, 2020 and 2019 were as follows:
 
 
2020
 
 
 
 
2019
 
(in thousands)
Pre-tax
Tax impact
Net of tax
 
 
Pre-tax
Tax impact
Net of tax
Unrealized (loss) gain on derivatives designated and qualified as cash flow hedges
$
(1,325
)
$
325

$
(1,000
)
 
 
$
307

$
(75
)
$
232

Reclassification of unrealized loss on derivatives designated and qualified as cash flow hedges
686

(168
)
518

 
 
921

(226
)
695

Unrecognized net pension and other postretirement benefit gain
3,295

(722
)
2,573

 
 
172

(121
)
51

Reclassification of net pension and other postretirement benefit loss
2,628

(662
)
1,966

 
 
1,740

(453
)
1,287

Foreign currency translation adjustments
(38,103
)
85

(38,018
)
 
 
(1,327
)
88

(1,239
)
Other comprehensive (loss) income
$
(32,819
)
$
(1,142
)
$
(33,961
)
 
 
$
1,813

$
(787
)
$
1,026


The amount of income tax allocated to each component of other comprehensive loss for the nine months ended March 31, 2020 and 2019 were as follows:
 
 
2020
 
 
 
 
2019
 
(in thousands)
Pre-tax
Tax impact
Net of tax
 
 
Pre-tax
Tax impact
Net of tax
Unrealized (loss) gain on derivatives designated and qualified as cash flow hedges
$
(191
)
$
47

$
(144
)
 
 
$
187

$
(46
)
$
141

Reclassification of unrealized loss on derivatives designated and qualified as cash flow hedges
405

(99
)
306

 
 
2,056

(504
)
1,552

Unrecognized net pension and other postretirement benefit gain
2,876

(753
)
2,123

 
 
1,723

(477
)
1,246

Reclassification of net pension and other postretirement benefit loss
7,868

(1,952
)
5,916

 
 
5,227

(1,334
)
3,893

Foreign currency translation adjustments
(47,809
)
118

(47,691
)
 
 
(21,007
)
162

(20,845
)
Other comprehensive loss
$
(36,851
)
$
(2,639
)
$
(39,490
)
 
 
$
(11,814
)
$
(2,199
)
$
(14,013
)