Segment Data (Tables)

12 Months Ended

Jun. 30, 2020

Disaggregation of Revenue [Table Text Block]

The following table presents Kennametal's revenue disaggregated by segment by geography:



	Industrial			Widia			Infrastructure			Total Kennametal
	2020	2019	2018	2020	2019	2018	2020	2019	2018	2020	2019	2018
Americas	41%	40%	38%	48%	45%	46%	62%	66%	65%	49%	50%	49%
EMEA	38	40	41	27	26	25	18	16	16	30	30	31
Asia Pacific	21	20	21	25	29	29	20	18	19	21	20	20

The following table presents Kennametal's revenue disaggregated by segment by end market:



	Industrial			Widia			Infrastructure			Total Kennametal
	2020	2019	2018	2020	2019	2018	2020	2019	2018	2020	2019	2018
General Engineering	45%	44%	43%	100%	100%	100%	34%	34%	31%	46%	45%	41%
Transportation	32	34	36	—	—	—	—	—	—	17	18	20
Aerospace	14	13	12	—	—	—	—	—	—	7	7	8
Energy	9	9	9	—	—	—	28	33	33	16	17	17
Earthworks	—	—	—	—	—	—	38	33	36	14	13	14

Segment Data

Segment data is summarized as follows:



(in thousands)	2020			2019			2018
Sales:
Industrial	$	1,015,058		$	1,274,499		$	1,292,098
Widia	162,995			197,522			198,568
Infrastructure	707,252			903,213			877,187
Total sales	$	1,885,305		$	2,375,234		$	2,367,853

Operating income (loss):
Industrial	$	35,671		$	220,696		$	176,978
Widia	(34,686		)	2,882			2,919
Infrastructure	23,113			108,480			112,998
Corporate	(1,846		)	(3,208		)	(2,596		)
Total operating income	$	22,252		$	328,850		$	290,299

Interest expense	$	35,154		$	32,994		$	30,081
Other income, net	(14,862		)	(15,379		)	(14,823		)
Income before income taxes	$	1,960		$	311,235		$	275,041

Depreciation and amortization:
Industrial	$	64,366		$	58,373		$	57,261
Widia	10,298			9,390			9,483
Infrastructure	45,176			44,284			41,916
Corporate	20			5			20
Total depreciation and amortization	$	119,860		$	112,052		$	108,680

Segment assets⁽⁴⁾:
Industrial	$	1,291,879		$	1,245,624		$	1,169,610
Widia	160,252			216,633			193,971
Infrastructure	748,424			883,566			864,402
Corporate	837,036			310,446			697,754
Total assets	$	3,037,591		$	2,656,269		$	2,925,737

Capital expenditures:
Industrial	$	182,292		$	145,485		$	112,124
Widia	12,875			22,162			17,445
Infrastructure	48,984			44,696			41,435
Total capital expenditures	$	244,151		$	212,343		$	171,004

⁽⁴⁾ Industrial, Widia and Infrastructure segment assets are principally accounts receivable, less allowance for doubtful accounts; inventories; property, plant and equipment, net; goodwill; other intangible assets, net of accumulated amortization; and operating lease ROU assets. Corporate assets are principally cash and cash equivalents, other current assets, long-term prepaid pension benefit, deferred income taxes and other assets.

Geographic Information for Sales [Table Text Block]

Geographic information for sales, based on country where the sale originated, and long-lived assets is as follows:



(in thousands)	2020		2019		2018
Sales:
United States	$	778,054	$	1,014,189	$	970,003
Germany	248,796		314,035		331,893
China	214,364		247,858		271,343
Canada	90,247		108,261		102,139
India	81,366		113,287		102,120
Italy	52,699		68,585		69,049
France	45,817		59,899		62,982
United Kingdom	33,305		44,384		45,714
Other⁽⁴⁾	340,657		404,736		412,610
Total sales	$	1,885,305	$	2,375,234	$	2,367,853

Total long-lived assets:
United States	$	607,222	$	525,713	$	456,678
Germany	210,674		201,714		188,673
China	92,658		78,410		67,462
India	44,673		44,643		31,984
Israel	22,249		24,042		25,831
Canada	20,508		20,435		19,396
Other	40,287		39,938		34,189
Total long-lived assets⁽⁵⁾	$	1,038,271	$	934,895	$	824,213

⁽⁴⁾ Other consists of sales from 27 countries, none of which individually exceed 2 percent of total sales.

⁽⁵⁾Total long-lived assets as of June 30, 2020, 2019 and 2018 include property, plant and equipment, net of $1,038.3 million, $934.9 million and $824.2 million, respectively.