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Selected Quarterly Financial Data
12 Months Ended
Jun. 30, 2018
Quarterly Financial Data [Abstract]  
Quarterly Financial Information [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
2018
 
 
 
 
 
 
 
Sales
$
542,454

 
$
571,345

 
$
607,936

 
$
646,119

Gross profit
184,993

 
192,545

 
219,461

 
235,294

Net income attributable to Kennametal
39,183

 
41,601

 
50,866

 
68,528

Basic earnings per share attributable to Kennametal (9)
 
 
 
 
 
 
 
Net income
0.48

 
0.51

 
0.62

 
0.84

Diluted earnings per share attributable to Kennametal (9)
 
 
 
 
 
 
 
Net income
0.48

 
0.50

 
0.61

 
0.83

2017
 
 
 
 
 
 
 
Sales
$
477,140

 
$
487,573

 
$
528,630

 
$
565,025

Gross profit
143,530

 
147,623

 
186,265

 
180,289

Net (loss) income attributable to Kennametal 
(21,656
)
 
7,262

 
38,890

 
24,643

Basic (loss) earnings per share attributable to Kennametal (9)
 
 
 
 
 
 
 
Net income
(0.27
)
 
0.09

 
0.48

 
0.31

Diluted (loss) earnings per share attributable to Kennametal (9)
 
 
 
 
 
 
 
Net income
(0.27
)
 
0.09

 
0.48

 
0.30


(9) 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.