XML 13 R3.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sales $ 481,948 $ 492,476
Cost of goods sold 330,939 329,578
Gross profit 151,009 162,898
Operating expense 111,653 111,649
Restructuring and other charges, net (Note 6) 611 3,086
Amortization of intangibles 2,718 3,045
Operating income 36,027 45,118
Interest expense 6,312 6,601
Other expense, net (1,657) 89
Income before income taxes 31,372 38,428
Provision for income taxes 7,906 8,059
Net income 23,466 30,369
Less: Net income attributable to noncontrolling interests 1,343 312
Net income attributable to Kennametal $ 22,123 $ 30,057
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS    
Basic earnings per share $ 0.28 $ 0.38
Diluted earnings per share 0.28 0.37
Dividends per share $ 0.20 $ 0.20
Basic weighted average shares outstanding 78,067 80,025
Diluted weighted average shares outstanding 78,657 80,699
Noncontrolling Interest [Member]    
Net income $ 1,343 $ 312