XML 74 R48.htm IDEA: XBRL DOCUMENT
v3.25.2

Accumulated Other Comprehensive Loss (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Components of Accumulated Other Comprehensive I(Loss) Income [Table Text Block] | The components of and changes in accumulated other comprehensive loss (AOCL) were as follows, net of tax, for the year ended June 30, 2025 (in thousands):
Attributable to Kennametal: | Pension and other postretirement benefits | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2024 | $ | (221,308) |  | $ | (216,263) |  | $ | 2,983 |  | $ | (434,588) |
Other comprehensive (loss) income before reclassifications | (7,965) |  | 50,404 |  | 771 |  | 43,210 |
Amounts reclassified from AOCL | 6,257 |  | — |  | (1,574) |  | 4,683 |
Net other comprehensive (loss) income | (1,708) |  | 50,404 |  | (803) |  | 47,893 |
AOCL, June 30, 2025 | $ | (223,016) |  | $ | (165,859) |  | $ | 2,182 |  | $ | (386,693) |
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2024 | $ | — |  | $ | (8,680) |  | $ | — |  | $ | (8,680) |
Other comprehensive income before reclassifications | — |  | 836 |  | — |  | 836 |
Net other comprehensive income | — |  | 836 |  | — |  | 836 |
AOCL, June 30, 2025 | $ | — |  | $ | (7,844) |  | $ | — |  | $ | (7,844) |
The components of and changes in AOCL were as follows, net of tax, for the year ended June 30, 2024 (in thousands):
Attributable to Kennametal: | Pension and other postretirement benefits | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2023 | $ | (215,435) |  | $ | (202,641) |  | $ | 3,733 |  | $ | (414,343) |
Other comprehensive loss before reclassifications | (10,100) |  | (13,622) |  | (26) |  | (23,748) |
Amounts reclassified from AOCL | 4,227 |  | — |  | (725) |  | 3,502 |
Net other comprehensive loss | (5,873) |  | (13,622) |  | (750) |  | (20,246) |
AOCL, June 30, 2024 | $ | (221,308) |  | $ | (216,263) |  | $ | 2,983 |  | $ | (434,588) |
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2023 | $ | — |  | $ | (8,139) |  | $ | — |  | $ | (8,139) |
Other comprehensive loss before reclassifications | — |  | (541) |  | — |  | (541) |
Net other comprehensive loss | — |  | (541) |  | — |  | (541) |
AOCL, June 30, 2024 | $ | — |  | $ | (8,680) |  | $ | — |  | $ | (8,680) |
The components of and changes in AOCL were as follows, net of tax, for the year ended June 30, 2023 (in thousands):
Attributable to Kennametal: | Pension and other postretirement benefits | Currency translation adjustment | Derivatives | Total
Balance, June 30, 2022 | $ | (208,406) |  | $ | (210,048) |  | $ | 4,503 |  | $ | (413,951) |
Other comprehensive (loss) income before reclassifications | (10,402) |  | 7,407 |  | — |  | (2,995) |
Amounts reclassified from AOCL | 3,373 |  | — |  | (770) |  | 2,603 |
Net other comprehensive (loss) income | (7,029) |  | 7,407 |  | (770) |  | (392) |
AOCL, June 30, 2023 | $ | (215,435) |  | $ | (202,641) |  | $ | 3,733 |  | $ | (414,343) |
Attributable to noncontrolling interests: |  |  |  |
Balance, June 30, 2022 | $ | — |  | $ | (7,547) |  | $ | — |  | $ | (7,547) |
Other comprehensive loss before reclassifications | — |  | (592) |  | — |  | (592) |
Net other comprehensive loss | — |  | (592) |  | — |  | (592) |
AOCL, June 30, 2023 | $ | — |  | $ | (8,139) |  | $ | — |  | $ | (8,139) |
Reclassification out of Accumulated Other Comprehensive Loss | Reclassifications out of AOCL for the years ended June 30, 2025, 2024 and 2023 consisted of the following:
| Year Ended June 30, |
Details about AOCL components (in thousands) | 2025 | 2024 | 2023 | Affected line item in the Income Statement
(Gains) and losses on cash flow hedges: |  |  |  |
Forward starting interest rate swaps | $ | (1,020) |  | $ | (1,020) |  | $ | (1,020) |  | Interest expense
Currency exchange contracts | (1,065) |  | 60 |  | — |  | Cost of goods sold
Total before tax | (2,085) |  | (960) |  | (1,020) |  |
Tax impact | 511 |  | 235 |  | 250 |  | Provision for income taxes
Net of tax | $ | (1,574) |  | $ | (725) |  | $ | (770) |  |
Pension and other postretirement benefits: |  |  |  |
Amortization of transition obligations | $ | — |  | $ | 76 |  | $ | 84 |  | Other (income) expense, net
Amortization of prior service credit | (263) |  | (258) |  | (266) |  | Other (income) expense, net
Recognition of actuarial losses | 8,550 |  | 5,895 |  | 4,632 |  | Other (income) expense, net
Total before tax | 8,287 |  | 5,713 |  | 4,450 |  |
Tax impact | (2,030) |  | (1,486) |  | (1,077) |  | Provision for income taxes
Net of tax | $ | 6,257 |  | $ | 4,227 |  | $ | 3,373 |  |
Amount of Income Tax (Expense) Benefit Allocated to Each Component of Other Comprehensive Income (Loss) [Table Text Block] | The amount of income tax allocated to each component of other comprehensive income for the year ended June 30, 2025:
(in thousands) | Pre-tax | Tax impact | Net of tax
Unrealized gain on derivatives designated and qualified as cash flow hedges | $ | 1,021 |  | $ | (250) |  | $ | 771 |
Reclassification of unrealized gain on expired derivatives designated and qualified as cash flow hedges | (2,085) |  | 511 |  | (1,574) |
Unrecognized net pension and other postretirement benefit plans loss | (10,193) |  | 2,228 |  | (7,965) |
Reclassification of net pension and other postretirement benefit plans loss | 8,287 |  | (2,030) |  | 6,257 |
Foreign currency translation adjustments | 51,240 |  | — |  | 51,240 |
Other comprehensive income | $ | 48,270 |  | $ | 459 |  | $ | 48,729 |
The amount of income tax allocated to each component of other comprehensive loss for the year ended June 30, 2024:
(in thousands) | Pre-tax | Tax impact | Net of tax
Unrealized loss on derivatives designated and qualified as cash flow hedges | $ | (34) |  | $ | 8 |  | $ | (26) |
Reclassification of unrealized gain on expired derivatives designated and qualified as cash flow hedges | (960) |  | 235 |  | (725) |
Unrecognized net pension and other postretirement benefit plans loss | (13,328) |  | 3,228 |  | (10,100) |
Reclassification of net pension and other postretirement benefit plans loss | 5,713 |  | (1,486) |  | 4,227 |
Foreign currency translation adjustments | (14,215) |  | 51 |  | (14,164) |
Other comprehensive loss | $ | (22,824) |  | $ | 2,036 |  | $ | (20,788) |
The amount of income tax allocated to each component of other comprehensive loss for the year ended June 30, 2023:
(in thousands) | Pre-tax | Tax impact | Net of tax
Reclassification of unrealized gain on expired derivatives designated and qualified as cash flow hedges | $ | (1,020) |  | $ | 250 |  | $ | (770) |
Unrecognized net pension and other postretirement benefit plans loss | (13,972) |  | 3,570 |  | (10,402) |
Reclassification of net pension and other postretirement benefit plans loss | 4,450 |  | (1,077) |  | 3,373 |
Foreign currency translation adjustments | 6,959 |  | (144) |  | 6,815 |
Other comprehensive loss | $ | (3,583) |  | $ | 2,599 |  | $ | (984) |

X
- Definition Income Tax Allocated to Each Component of Other Comprehensive Income [Table Text Block] + References No definition available. + Details
Name: | kmt_IncomeTaxAllocatedtoEachComponentofOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | kmt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration