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Selected Quarterly Financial Data (Tables)
12 Months Ended
Jun. 30, 2020
Quarterly Financial Data [Abstract]  
Selected Quarterly Financials Data [Table Text Block] SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
For the quarter ended (in thousands, except per share data)
September 30
 
December 31
 
March 31
 
June 30
2020
 
 
 
 
 
 
 
Sales
$
518,088

 
$
505,080

 
$
483,084

 
$
379,053

Gross profit
138,980

 
132,018

 
157,018

 
101,454

Net income (loss) attributable to Kennametal
6,466

 
(5,939
)
 
2,917

 
(9,106
)
Basic earnings (loss) per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.08

 
(0.07
)
 
0.04

 
(0.11
)
Diluted earnings (loss) per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.08

 
(0.07
)
 
0.03

 
(0.11
)
2019
 
 
 
 
 
 
 
Sales
$
586,687

 
$
587,394

 
$
597,204

 
$
603,949

Gross profit
211,092

 
198,598

 
208,086

 
213,719

Net income attributable to Kennametal 
56,699

 
54,698

 
68,550

 
61,978

Basic earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.69

 
0.66

 
0.83

 
0.75

Diluted earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.68

 
0.66

 
0.82

 
0.74


(6) Earnings per share amounts attributable to Kennametal for each quarter are computed using the weighted average number of shares outstanding during the quarter. Earnings per share amounts attributable to Kennametal for the full year are computed using the weighted average number of shares outstanding during the year. Thus, the sum of the four quarters’ earnings per share attributable to Kennametal does not always equal the full-year earnings per share attributable to Kennametal.