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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Sales $ 536,036 $ 512,259 $ 1,527,949 $ 1,482,441
Cost of goods sold 368,122 347,639 1,057,177 1,004,116
Gross profit 167,914 164,620 470,772 478,325
Operating expense 113,273 107,075 327,308 316,423
Restructuring and other charges, net (994) 947 (2,499) (2,323)
Gain on divestiture 0 0 0 1,001
Amortization of intangibles 3,164 3,234 9,476 9,751
Operating income 52,471 53,364 136,487 155,475
Interest expense 7,747 6,436 21,399 19,217
Other expense (income), net 986 (4,528) 2,584 (11,129)
Income before income taxes 43,738 51,456 112,504 147,387
Provision for income taxes 10,672 14,578 26,878 40,031
Net income 33,066 36,878 85,626 107,356
Less: Net income attributable to noncontrolling interests 1,129 1,583 3,594 4,443
Net income attributable to Kennametal $ 31,937 $ 35,295 $ 82,032 $ 102,913
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS        
Basic earnings per share $ 0.40 $ 0.42 $ 1.01 $ 1.23
Diluted earnings per share 0.39 0.42 $ 1.01 $ 1.22
Dividends per share $ 0.20 $ 0.20    
Basic weighted average shares outstanding 80,611 83,084 80,967 83,538
Diluted weighted average shares outstanding 81,281 83,807 81,525 84,268
Noncontrolling Interest [Member]        
Net income $ 1,129 $ 1,583 $ 3,594 $ 4,443