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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Sales $ 512,259 $ 484,658 $ 1,482,441 $ 1,325,470
Cost of goods sold 347,639 334,483 1,004,116 948,693
Gross profit 164,620 150,175 478,325 376,777
Operating expense 107,075 108,113 316,423 299,211
Restructuring(benefits) charges and asset impairment charges (Note 6) 947 (822) (2,323) 26,145
Gain on divestiture (Note 3) 0 0 (1,001) 0
Amortization of intangibles 3,234 3,362 9,751 10,043
Operating income 53,364 39,522 155,475 41,378
Interest expense 6,436 20,928 19,217 39,823
Other income, net (4,528) (2,692) (11,129) (10,568)
Provision for (benefit from) income taxes 14,578 (1,699) 40,031 (10,252)
Net income (loss) 36,878 22,985 107,356 22,375
Less: Net income (loss) attributable to noncontrolling interests 1,583 1,364 4,443 3,042
Net income (loss) attributable to Kennametal $ 35,295 $ 21,621 $ 102,913 $ 19,333
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS        
Basic earnings (loss) per share $ 0.42 $ 0.26 $ 1.23 $ 0.23
Diluted earnings (loss) per share 0.42 0.26 1.22 0.23
Dividends per share $ 0.20 $ 0.20 $ 0.60 $ 0.60
Basic weighted average shares outstanding 83,084 83,719 83,538 83,539
Diluted weighted average shares outstanding 83,807 84,588 84,268 84,184
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $ 51,456 $ 21,286 $ 147,387 $ 12,123
Noncontrolling Interest [Member]        
Net income (loss) $ 1,583 $ 1,364 $ 4,443 $ 3,042