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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]        
Sales $ 528,630 $ 497,837 $ 1,493,343 $ 1,577,212
Cost of goods sold 342,365 340,484 1,015,926 1,127,828
Gross profit 186,265 157,353 477,417 449,384
Operating expense 116,939 121,004 347,808 373,827
Restructuring and asset impairment charges (Notes 8 and 18) 7,169 7,142 44,230 128,498
Loss on divestiture (Note 5) 0 (2,557) 0 130,750
Amortization of intangibles 4,245 4,429 12,665 16,315
Operating income (loss) 57,912 27,335 72,714 (200,006)
Interest expense 7,331 7,113 21,475 20,895
Other expense (income), net 1,626 (1,938) 2,470 (1,582)
Income (loss) before income taxes 48,955 22,160 48,769 (219,319)
Provision (benefit) for income taxes 9,301 5,465 22,401 (61,499)
Net income (loss) 39,654 16,695 26,368 (157,820)
Less: Net income attributable to noncontrolling interests 764 695 1,873 1,634
Net income (loss) attributable to Kennametal $ 38,890 $ 16,000 $ 24,495 $ (159,454)
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS        
Basic earnings (loss) per share $ 0.48 $ 0.20 $ 0.31 $ (2.00)
Diluted earnings (loss) per share 0.48 0.20 0.30 (2.00)
Dividends per share $ 0.20 $ 0.20 $ 0.60 $ 0.60
Basic weighted average shares outstanding 80,398 79,871 80,219 79,814
Diluted weighted average shares outstanding 81,381 80,224 80,965 79,814