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Acquisition (Tables) | 12 Months Ended
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Jun. 30, 2014
Business Combinations [Abstract] |
Fair Value of Assets Acquired and Liabilities Assumed [Table Text Block] | The allocation of the total purchase price to the fair values of the assets acquired and liabilities assumed as of June 30, 2014 is as follows:
(in thousands) |  | Total |
ASSETS |  |
Current assets: |  |
Cash and cash equivalents |  | $ | 1,294 |
Accounts receivable |  | 41,164 |
Inventories |  | 100,453 |
Other current assets |  | 4,014 |
Total current assets |  | 146,925 |
Property, plant and equipment |  | 127,838 |
Goodwill |  | 243,577 |
Other intangible assets |  | 127,300 |
Deferred income taxes |  | 6,978 |
Other |  | 603 |
Total assets |  | $ | 653,221 |
LIABILITIES |  |
Current liabilities: |  |
Accounts payable |  | $ | 22,790 |
Accrued payroll |  | 3,401 |
Accrued expenses |  | 5,434 |
Total current liabilities |  | 31,625 |
Deferred income taxes |  | 4,585 |
Other long-term liabilities |  | 8,781 |
Total liabilities |  | 44,991 |
Net assets acquired |  | $ | 608,230 |
Pro forma operating results | Unaudited pro forma summary of operating results of Kennametal, assuming the acquisition had occurred as of July 1, 2012, are as follows:
Year ended June 30 (in thousands) | 2014 |  |  | 2013 |
Pro forma (unaudited): |  |  |
Net Sales | $ | 2,941,005 |  |  | $ | 2,902,160 |
Net income attributable to Kennametal | $ | 175,804 |  |  | $ | 190,863 |
Per share data attributable to Kennametal Shareholders : |  |  |
Basic earnings per share | $ | 2.23 |  |  | $ | 2.40 |
Diluted earnings per share | $ | 2.21 |  |  | $ | 2.37 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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