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Segment Data (Tables) | 9 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Disaggregation of Revenue [Table Text Block] | The following table presents Kennametal's revenue disaggregated by geography:
| Three Months Ended
| March 31, 2024 |  | March 31, 2023
(in percentages) | Metal Cutting |  | Infrastructure |  | Total Kennametal |  | Metal Cutting |  | Infrastructure |  | Total Kennametal
Americas | 44% |  | 58% |  | 49% |  | 44% |  | 60% |  | 50%
Europe, the Middle East and Africa (EMEA) | 39 |  | 20 |  | 32 |  | 38 |  | 19 |  | 31
Asia Pacific | 17 |  | 22 |  | 19 |  | 18 |  | 21 |  | 19
| Nine Months Ended
| March 31, 2024 |  | March 31, 2023
(in percentages) | Metal Cutting |  | Infrastructure |  | Total Kennametal |  | Metal Cutting |  | Infrastructure |  | Total Kennametal
Americas | 44% |  | 58% |  | 49% |  | 44% |  | 61% |  | 50%
EMEA | 38 |  | 19 |  | 31 |  | 36 |  | 17 |  | 29
Asia Pacific | 18 |  | 23 |  | 20 |  | 20 |  | 22 |  | 21
To better align with the Company's strategic goals and initiatives, certain of the end markets that are reported externally and used to analyze sales performance were redefined beginning in the fourth quarter of fiscal 2023. The changes include 1.) defense sales were moved from General Engineering and are now combined with Aerospace sales for a new "Aerospace & Defense" end market, 2.) certain Metal Cutting sales have been reclassified from General Engineering to the Aerospace & Defense end market, and 3.) Infrastructure's ceramics sales have been reclassified from Energy to the General Engineering end market. The fiscal 2023 period has been retrospectively restated to align with the new end markets. The following tables presents Kennametal's revenue disaggregated by end market:
| Three Months Ended March 31, 2024
(in percentages) | Metal Cutting |  | Infrastructure |  | Total Kennametal
General Engineering | 54% |  | 33% |  | 46%
Transportation | 26 |  | — |  | 17
Aerospace & Defense | 13 |  | 8 |  | 11
Energy | 7 |  | 24 |  | 13
Earthworks | — |  | 35 |  | 13
| Three Months Ended March 31, 2023
(in percentages) | Metal Cutting |  | Infrastructure |  | Total Kennametal
General Engineering | 55% |  | 33% |  | 47%
Transportation | 26 |  | — |  | 16
Aerospace & Defense | 12 |  | 6 |  | 10
Energy | 7 |  | 26 |  | 14
Earthworks | — |  | 35 |  | 13
| Nine Months Ended March 31, 2024
(in percentages) | Metal Cutting |  | Infrastructure |  | Total Kennametal
General Engineering | 54% |  | 34% |  | 47%
Transportation | 27 |  | — |  | 17
Aerospace & Defense | 12 |  | 7 |  | 10
Energy | 7 |  | 23 |  | 13
Earthworks | — |  | 36 |  | 13
| Nine Months Ended March 31, 2023
(in percentages) | Metal Cutting |  | Infrastructure |  | Total Kennametal
General Engineering | 55% |  | 34% |  | 47%
Transportation | 27 |  | — |  | 16
Aerospace & Defense | 11 |  | 5 |  | 9
Energy | 7 |  | 25 |  | 14
Earthworks | — |  | 36 |  | 14
Sales and operating income (loss) by segment and segment assets | Our sales and operating income by segment are as follows:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
(in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Sales: |  |  |  |  |  |  |
Metal Cutting | $ | 326,561 |  |  | $ | 333,507 |  |  | $ | 946,237 |  |  | $ | 932,912 |
Infrastructure | 189,233 |  |  | 202,529 |  |  | 557,354 |  |  | 595,037 |
Total sales | $ | 515,794 |  |  | $ | 536,036 |  |  | $ | 1,503,591 |  |  | $ | 1,527,949 |
Operating income: |  |  |  |  |  |  |
Metal Cutting | $ | 30,809 |  |  | $ | 43,765 |  |  | $ | 88,453 |  |  | $ | 98,593 |
Infrastructure | 5,140 |  |  | 9,658 |  |  | 22,020 |  |  | 40,543 |
Corporate | (722) |  |  | (952) |  |  | (1,649) |  |  | (2,649) |
Total operating income | 35,227 |  |  | 52,471 |  |  | 108,824 |  |  | 136,487 |
Interest expense | 6,777 |  |  | 7,747 |  |  | 20,225 |  |  | 21,399 |
Other (income) expense, net | (76) |  |  | 986 |  |  | (674) |  |  | 2,584 |
Income before income taxes | $ | 28,526 |  |  | $ | 43,738 |  |  | $ | 89,273 |  |  | $ | 112,504 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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