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Selected Quarterly Financial Data (Tables)
12 Months Ended
Jun. 30, 2019
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
2019
 
 
 
 
 
 
 
Sales
$
586,687

 
$
587,394

 
$
597,204

 
$
603,949

Gross profit
211,092

 
198,598

 
208,086

 
213,719

Net income attributable to Kennametal
56,699

 
54,698

 
68,550

 
61,978

Basic earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.69

 
0.66

 
0.83

 
0.75

Diluted earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.68

 
0.66

 
0.82

 
0.74

2018
 
 
 
 
 
 
 
Sales
$
542,454

 
$
571,345

 
$
607,936

 
$
646,119

Gross profit
181,949

 
189,501

 
216,417

 
232,256

Net income attributable to Kennametal 
39,183

 
41,601

 
50,866

 
68,528

Basic earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.48

 
0.51

 
0.62

 
0.84

Diluted earnings per share attributable to Kennametal (6)
 
 
 
 
 
 
 
Net income
0.48

 
0.50

 
0.61

 
0.83


(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.