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Segment Data (Tables)

12 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table presents Kennametal's revenue disaggregated by segment by geography:

						Metal Cutting												Infrastructure												Total Kennametal
						2021			2020			2019						2021			2020			2019						2021			2020			2019
Americas						38		%	42		%	41		%				57		%	62		%	66		%				45		%	49		%	50		%
EMEA						39			37			38						19			18			16						31			30			30
Asia Pacific						23			21			21						24			20			18						24			21			20

The following table presents Kennametal's revenue disaggregated by segment by end market:

						Metal Cutting												Infrastructure												Total Kennametal
						2021			2020			2019						2021			2020			2019						2021			2020			2019
General Engineering						54		%	53		%	52		%				35		%	34		%	34		%				47		%	46		%	45		%
Transportation						30			27			29						—			—			—						19			17			18
Aerospace						8			12			11						—			—			—						5			7			7
Energy						8			8			8						26			28			33						15			16			17
Earthworks						—			—			—						39			38			33						14			14			13

Segment Data

Segment data is summarized as follows: 

(in thousands)			2021						2020						2019
Sales:
Metal Cutting			$	1,150,746					$	1,178,053					$	1,472,021
Infrastructure			690,695						707,252						903,213
Total sales			$	1,841,441					$	1,885,305					$	2,375,234
Operating income:
Metal Cutting			$	45,855					$	985					$	223,578
Infrastructure			59,461						23,113						108,480
Corporate			(3,148)						(1,846)						(3,208)
Total operating income			$	102,168					$	22,252					$	328,850
Interest expense			$	46,375					$	35,154					$	32,994
Other income, net			(8,867)						(14,862)						(15,379)
Income before income taxes			$	64,660					$	1,960					$	311,235
Depreciation and amortization:
Metal Cutting			$	81,796					$	74,664					$	67,763
Infrastructure			44,661						45,176						44,284
Corporate			31						20						5
Total depreciation and amortization			$	126,488					$	119,860					$	112,052
Segment assets(4):
Metal Cutting			$	1,532,177					$	1,452,131					$	1,462,257
Infrastructure			698,766						748,424						883,566
Corporate			434,818						837,036						310,446
Total assets			$	2,665,761					$	3,037,591					$	2,656,269
Capital expenditures:
Metal Cutting			$	103,812					$	195,167					$	167,647
Infrastructure			23,490						48,984						44,696
Total capital expenditures			$	127,302					$	244,151					$	212,343

(4) Metal Cutting and Infrastructure segment assets are principally accounts receivable, less allowance for doubtful accounts; inventories; property, plant and equipment, net; goodwill; other intangible assets, net of accumulated amortization; and operating lease ROU assets. Corporate assets are principally cash and cash equivalents, other current assets, long-term prepaid pension benefit, deferred income taxes and other assets.

Geographic Information for Sales [Table Text Block]

Geographic information for sales, based on country where the sale originated, and long-lived assets is as follows:

(in thousands)			2021						2020						2019
Sales:
United States			$	692,106					$	778,054					$	1,014,189
Germany			260,792						248,796						314,035
China			242,815						214,364						247,858
Canada			79,891						90,247						108,261
India			94,966						81,366						113,287
Italy			59,955						52,699						68,585
France			45,356						45,817						59,899
United Kingdom			28,464						33,305						44,384
Other(4)			337,096						340,657						404,736
Total sales			$	1,841,441					$	1,885,305					$	2,375,234
Total long-lived assets:
United States			$	611,724					$	607,222					$	525,713
Germany			218,250						210,674						201,714
China			97,404						92,658						78,410
India			44,504						44,673						44,643
Israel			21,790						22,249						24,042
Canada			19,144						20,508						20,435
Other			42,319						40,287						39,938
Total long-lived assets(5)			$	1,055,135					$	1,038,271					$	934,895

(4) Other consists of sales from 27 countries, none of which individually exceed 2 percent of total sales.

(5) Total long-lived assets as of June 30, 2021, 2020 and 2019 include property, plant and equipment, net of $1,055.1 million, $1,038.3 million and $934.9 million, respectively.

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