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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Sales $ 515,794 $ 536,036 $ 1,503,591 $ 1,527,949
Cost of goods sold 362,532 368,122 1,047,834 1,057,177
Gross profit 153,262 167,914 455,757 470,772
Operating expense 108,684 113,273 327,674 327,308
Restructuring and other charges, net (Note 6) (6,465) (994) (10,585) (2,499)
Amortization of intangibles 2,886 3,164 8,674 9,476
Operating income 35,227 52,471 108,824 136,487
Interest expense 6,777 7,747 20,225 21,399
Other expense, net (76) 986 (674) 2,584
Income before income taxes 28,526 43,738 89,273 112,504
Provision for income taxes 7,816 10,672 13,866 26,878
Net income 20,710 33,066 75,407 85,626
Less: Net income attributable to noncontrolling interests 1,734 1,129 3,266 3,594
Net income attributable to Kennametal $ 18,976 $ 31,937 $ 72,141 $ 82,032
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS        
Basic earnings per share $ 0.24 $ 0.40 $ 0.91 $ 1.01
Diluted earnings per share 0.24 0.39 0.90 1.01
Dividends per share $ 0.20 $ 0.20 $ 0.6 $ 0.6
Basic weighted average shares outstanding 79,229 80,611 79,655 80,967
Diluted weighted average shares outstanding 79,849 81,281 80,197 81,525
Noncontrolling Interest [Member]        
Net income $ 1,734 $ 1,129 $ 3,266 $ 3,594