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Selected Quarterly Financial Data (Tables)
 12 Months Ended
Jun. 30, 2016
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
2016
 
 
 
 
 
 
 
Sales
$
555,354

 
$
524,021

 
$
497,837

 
$
521,224

Gross profit
151,224

 
140,806

 
157,353

 
166,684

Net (loss) income attributable to Kennametal
(6,226
)
 
(169,227
)
 
16,000

 
(66,515
)
Basic (loss) earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
(0.08
)
 
(2.12
)
 
0.20

 
(0.83
)
Diluted (loss) earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
(0.08
)
 
(2.12
)
 
0.20

 
(0.83
)
2015
 
 
 
 
 
 
 
Sales
$
694,941

 
$
675,631

 
$
638,970

 
$
637,653

Gross profit
218,009

 
199,458

 
199,470

 
188,966

Net income (loss) attributable to Kennametal 
39,489

 
(388,302
)
 
(46,229
)
 
21,146

Basic earnings (loss) per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.50

 
(4.89
)
 
(0.58
)
 
0.27

Diluted earnings (loss) per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.49

 
(4.89
)
 
(0.58
)
 
0.26


(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.