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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Sales (Note 3) $ 597,204 $ 607,936 $ 1,771,285 $ 1,721,734
Cost of goods sold 389,118 391,519 1,153,509 1,133,866
Gross profit 208,086 216,417 617,776 587,868
Operating expense 120,135 130,630 358,054 373,361
Restructuring and asset impairment charges (Note 7) 2,440 1,264 5,061 6,834
Amortization of intangibles 3,640 3,690 10,780 11,028
Operating income 81,871 80,833 243,881 196,645
Interest expense 8,104 7,468 24,305 21,848
Other income, net (4,993) (3,876) (11,775) (11,314)
Income before income taxes 78,760 77,241 231,351 186,111
Provision for income taxes 8,632 24,130 46,553 51,204
Net income 70,128 53,111 184,798 134,907
Less: Net income attributable to noncontrolling interests 1,578 2,245 4,852 3,256
Net income attributable to Kennametal $ 68,550 $ 50,866 $ 179,946 $ 131,651
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS        
Basic earnings per share $ 0.83 $ 0.62 $ 2.19 $ 1.62
Diluted earnings per share 0.82 0.61 2.16 1.59
Dividends per share $ 0.20 $ 0.20 $ 0.60 $ 0.60
Basic weighted average shares outstanding 82,479 81,793 82,305 81,445
Diluted weighted average shares outstanding 83,339 83,109 83,266 82,670
Noncontrolling Interest [Member]        
Net income $ 1,578 $ 2,245 $ 4,852 $ 3,256