Segment Data (Tables)

12 Months Ended

Jun. 30, 2022

Disaggregation of Revenue [Table Text Block]

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


	Metal Cutting						Infrastructure						Total Kennametal
	2022		2021		2020		2022		2021		2020		2022		2021		2020
Americas	41	%	38	%	42	%	59	%	57	%	62	%	48	%	45	%	49	%
EMEA	37		39		37		18		19		18		30		31		30
Asia Pacific	22		23		21		23		24		20		22		24		21

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


	Metal Cutting						Infrastructure						Total Kennametal
	2022		2021		2020		2022		2021		2020		2022		2021		2020
General Engineering	56	%	54	%	53	%	34	%	35	%	34	%	47	%	47	%	46	%
Transportation	27		30		27		—		—		—		17		19		17
Aerospace	9		8		12		—		—		—		6		5		7
Energy	8		8		8		29		26		28		16		15		16
Earthworks	—		—		—		37		39		38		14		14		14

Segment Data

Segment data is summarized as follows:


(in thousands)	2022		2021		2020
Sales:
Metal Cutting	$	1,227,273	$	1,150,746	$	1,178,053
Infrastructure	785,183		690,695		707,252
Total sales	$	2,012,456	$	1,841,441	$	1,885,305

Operating income:
Metal Cutting	$	121,386	$	45,855	$	985
Infrastructure	98,871		59,461		23,113
Corporate	(2,117)		(3,148)		(1,846)
Total operating income	$	218,140	$	102,168	$	22,252

Interest expense	$	25,914	$	46,375	$	35,154
Other income, net	(14,507)		(8,867)		(14,862)
Income before income taxes	$	206,733	$	64,660	$	1,960

Depreciation and amortization:
Metal Cutting	$	87,986	$	81,796	$	74,664
Infrastructure	43,691		44,661		45,176
Corporate	1		31		20
Total depreciation and amortization	$	131,678	$	126,488	$	119,860






Segment assets(4):
Metal Cutting	$	1,469,835	$	1,532,177	$	1,452,131
Infrastructure	768,226		698,766		748,424
Corporate	335,463		434,818		837,036
Total assets	$	2,573,524	$	2,665,761	$	3,037,591

Capital expenditures:
Metal Cutting	$	64,055	$	103,812	$	195,167
Infrastructure	32,869		23,490		48,984
Total capital expenditures	$	96,924	$	127,302	$	244,151

(4) Metal Cutting 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)	2022		2021		2020
Sales:
United States	$	797,768	$	692,106	$	778,054
Germany	262,764		260,792		248,796
China	234,997		242,815		214,364
Canada	94,956		79,891		90,247
India	108,695		94,966		81,366
Italy	67,930		59,955		52,699
France	47,218		45,356		45,817
United Kingdom	30,686		28,464		33,305
Other(5)	367,442		337,096		340,657
Total sales	$	2,012,456	$	1,841,441	$	1,885,305

Total long-lived assets:
United States	$	585,003	$	611,724	$	607,222
Germany	195,325		218,250		210,674
China	92,315		97,404		92,658
India	45,146		19,144		20,508
Israel	26,864		44,504		44,673
Canada	18,478		21,790		22,249
Other (5)	38,910		42,319		40,287
Total long-lived assets(6)	$	1,002,041	$	1,055,135	$	1,038,271

(5) Other does not contain any country that individually exceeds 2 percent of total sales or total long-lived assets, respectively.

(6) Total long-lived assets as of June 30, 2022, 2021 and 2020 include property, plant, and equipment, net.