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Equity (Tables)

3 Months Ended

Sep. 30, 2023

Equity [Abstract]

Summary of the changes in the carrying amounts of total equity, Kennametal shareholders' equity and equity attributable to noncontrolling interests

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 September 30, 2023 and 2022 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, 2023			$	99,794					$	465,406					$	1,124,590					$	(414,343)					$	38,721					$	1,314,168
Net income			—						—						30,057												312						30,369
Other comprehensive loss			—						—						—						(17,169)						(640)						(17,809)
Dividend reinvestment			2						43						—																		45
Capital stock issued under employee benefit and stock plans(2)			610						1,028						—																		1,638
Purchase of capital stock			(633)						(13,092)						—																		(13,725)
Cash dividends ($0.20 per share)			—						—						(15,935)						—						—						(15,935)
Total equity, September 30, 2023			$	99,773					$	453,385					$	1,138,712					$	(431,512)					$	38,393					$	1,298,751

			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, 2022			$	101,671					$	494,202					$	1,070,655					$	(413,951)					$	38,670					$	1,291,247
Net income			—						—						28,196						—						1,441						29,637
Other comprehensive loss			—						—						—						(47,246)						(1,765)						(49,011)
Dividend reinvestment			2						44						—						—						—						46
Capital stock issued under employee benefit and stock plans(2)			454						3,028						—						—						—						3,482
Purchase of capital stock			(1,032)						(18,344)						—						—						—						(19,376)
Cash dividends ($0.20 per share)			—						—						(16,276)						—						—						(16,276)
Cash dividends to non-controlling interests			—						—						—						—						(1,404)						(1,404)
Total equity, September 30, 2022			$	101,095					$	478,930					$	1,082,575					$	(461,197)					$	36,942					$	1,238,345

(2) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.

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- References

No definition available.

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- Definition

Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-2

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