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Equity | 6 Months Ended
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Dec. 31, 2021
Equity [Abstract] |
EQUITY | EQUITY A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the three months ending December 31, 2021 and 2020 is as follows:
| Kennametal Shareholders’ Equity |  |  |  |
(in thousands, except per share amounts) | Capital stock |  | Additional paid-in capital |  | Retained earnings |  | Accumulated other comprehensive loss |  | Non-controlling interests |  | Total equity
Balance as of September 30, 2021 | $ | 104,527 |  |  | $ | 550,790 |  |  | $ | 1,012,055 |  |  | $ | (342,421) |  |  | $ | 39,696 |  |  | $ | 1,364,647 |
Net income | — |  |  | — |  |  | 31,421 |  |  | — |  |  | 1,304 |  |  | 32,725 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | (6,747) |  |  | (449) |  |  | (7,196) |
Dividend reinvestment | 1 |  |  | 46 |  |  | — |  |  | — |  |  | — |  |  | 47 |
Capital stock issued under employee benefit and stock plans(3) | 65 |  |  | 5,604 |  |  | — |  |  | — |  |  | — |  |  | 5,669 |
Purchase of capital stock | (751) |  |  | (21,848) |  |  | — |  |  | — |  |  | — |  |  | (22,599) |
Cash dividends ($0.20 per share) | — |  |  | — |  |  | (16,720) |  |  | — |  |  | — |  |  | (16,720) |
Cash dividends to non-controlling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total equity, December 31, 2021 | $ | 103,842 |  |  | $ | 534,592 |  |  | $ | 1,026,756 |  |  | $ | (349,168) |  |  | $ | 40,551 |  |  | $ | 1,356,573 |
| Kennametal Shareholders’ Equity |  |  |  |
(in thousands, except per share amounts) | Capital stock |  | Additional paid-in capital |  | Retained earnings |  | Accumulated other comprehensive loss |  | Non-controlling interests |  | Total equity
Balance as of September 30, 2020 | $ | 104,064 |  |  | $ | 540,374 |  |  | $ | 966,596 |  |  | $ | (385,648) |  |  | $ | 40,996 |  |  | $ | 1,266,382 |
Net income | — |  |  | — |  |  | 19,388 |  |  | — |  |  | 862 |  |  | 20,250 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 43,417 |  |  | 1,357 |  |  | 44,774 |
Dividend reinvestment | 2 |  |  | 48 |  |  | — |  |  | — |  |  | — |  |  | 50 |
Capital stock issued under employee benefit and stock plans(3) | 266 |  |  | 7,691 |  |  | — |  |  | — |  |  | — |  |  | 7,957 |
Purchase of capital stock | (2) |  |  | (48) |  |  | — |  |  | — |  |  | — |  |  | (50) |
Cash dividends ($0.20 per share) | — |  |  | — |  |  | (16,683) |  |  | — |  |  | — |  |  | (16,683) |
Cash dividends to non-controlling interests | — |  |  | — |  |  | — |  |  | — |  |  | (1,361) |  |  | (1,361) |
Other | — |  |  | (311) |  |  | — |  |  |  |  | (1,319) |  |  | (1,630) |
Total equity, December 31, 2020 | $ | 104,330 |  |  | $ | 547,754 |  |  | $ | 969,301 |  |  | $ | (342,231) |  |  | $ | 40,535 |  |  | $ | 1,319,689 |
(3) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements. A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the six months ending December 31, 2021 and 2020 is as follows:
| Kennametal Shareholders’ Equity |  |  |  |
(in thousands, except per share amounts) | Capital stock |  | Additional paid-in capital |  | Retained earnings |  | Accumulated other comprehensive loss |  | Non-controlling interests |  | Total equity
Balance as of June 30, 2021 | $ | 104,518 |  |  | $ | 562,820 |  |  | $ | 992,597 |  |  | $ | (330,327) |  |  | $ | 38,597 |  |  | $ | 1,368,205 |
Net income | — |  |  | — |  |  | 67,619 |  |  | — |  |  | 2,858 |  |  | 70,477 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | (18,841) |  |  | (904) |  |  | (19,745) |
Dividend reinvestment | 3 |  |  | 92 |  |  | — |  |  | — |  |  | — |  |  | 95 |
Capital stock issued under employee benefit and stock plans(3) | 512 |  |  | 5,997 |  |  | — |  |  | — |  |  | — |  |  | 6,509 |
Purchase of capital stock | (1,191) |  |  | (34,317) |  |  | — |  |  | — |  |  | — |  |  | (35,508) |
Cash dividends ($0.40 per share) | — |  |  | — |  |  | (33,460) |  |  | — |  |  | — |  |  | (33,460) |
Cash dividends to non-controlling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |
Total equity, December 31, 2021 | $ | 103,842 |  |  | $ | 534,592 |  |  | $ | 1,026,756 |  |  | $ | (349,168) |  |  | $ | 40,551 |  |  | $ | 1,356,573 |
| Kennametal Shareholders’ Equity |  |  |  |
(in thousands, except per share amounts) | Capital stock |  | Additional paid-in capital |  | Retained earnings |  | Accumulated other comprehensive loss |  | Non-controlling interests |  | Total equity
Balance as of June 30, 2020 | $ | 103,654 |  |  | $ | 538,575 |  |  | $ | 1,004,898 |  |  | $ | (417,242) |  |  | $ | 38,903 |  |  | $ | 1,268,788 |
Net (loss) income | — |  |  | — |  |  | $ | (2,287) |  |  | — |  |  | 1,677 |  |  | (610) |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 75,011 |  |  | 2,635 |  |  | 77,646 |
Dividend reinvestment | 4 |  |  | 97 |  |  | — |  |  | — |  |  | — |  |  | 101 |
Capital stock issued under employee benefit and stock plans(3) | 676 |  |  | 9,490 |  |  | — |  |  | — |  |  | — |  |  | 10,166 |
Purchase of capital stock | (4) |  |  | (97) |  |  | — |  |  | — |  |  | — |  |  | (101) |
Cash dividends ($0.40 per share) | — |  |  | — |  |  | (33,310) |  |  | — |  |  | — |  |  | (33,310) |
Cash dividends to non-controlling interests | — |  |  | — |  |  | — |  |  | — |  |  | (1,361) |  |  | (1,361) |
Other | — |  |  | (311) |  |  | — |  |  | — |  |  | (1,319) |  |  | (1,630) |
Total equity, December 31, 2020 | $ | 104,330 |  |  | $ | 547,754 |  |  | $ | 969,301 |  |  | $ | (342,231) |  |  | $ | 40,535 |  |  | $ | 1,319,689 |
(3) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements. The amounts of comprehensive income attributable to Kennametal Shareholders and noncontrolling interests are disclosed in the condensed consolidated statements of comprehensive income.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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