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Equity (Tables) | 6 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Summary of the changes in the carrying amounts of total equity, Kennametal shareholders' equity and equity attributable to noncontrolling interests | EQUITY 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 ended December 31, 2024 and 2023 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 September 30, 2024 | $ | 97,145 |  |  | $ | 403,975 |  |  | $ | 1,177,023 |  |  | $ | (400,970) |  |  | $ | 40,790 |  |  | $ | 1,317,963 |
Net income | — |  |  | — |  |  | 17,928 |  |  | — |  |  | 1,109 |  |  | 19,037 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | (49,490) |  |  | (1,778) |  |  | (51,268) |
Dividend reinvestment | 2 |  |  | 40 |  |  | — |  |  | — |  |  | — |  |  | 42 |
Capital stock issued under employee benefit and stock plans(3) | 172 |  |  | 4,753 |  |  | — |  |  | — |  |  | — |  |  | 4,925 |
Purchase of capital stock | (658) |  |  | (14,374) |  |  | — |  |  | — |  |  | — |  |  | (15,032) |
Cash dividends ($0.20 per share) | — |  |  | — |  |  | (15,566) |  |  | — |  |  | — |  |  | (15,566) |
Total equity, December 31, 2024 | $ | 96,661 |  |  | $ | 394,394 |  |  | $ | 1,179,385 |  |  | $ | (450,460) |  |  | $ | 40,121 |  |  | $ | 1,260,101 |
| 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 September 30, 2023 | $ | 99,773 |  |  | $ | 453,385 |  |  | $ | 1,138,712 |  |  | $ | (431,512) |  |  | $ | 38,393 |  |  | $ | 1,298,751 |
Net income | — |  |  | — |  |  | 23,108 |  |  | — |  |  | 1,220 |  |  | 24,328 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 30,191 |  |  | 668 |  |  | 30,859 |
Dividend reinvestment | 2 |  |  | 43 |  |  | — |  |  | — |  |  | — |  |  | 45 |
Capital stock issued under employee benefit and stock plans(3) | 80 |  |  | 4,979 |  |  | — |  |  | — |  |  | — |  |  | 5,059 |
Purchase of capital stock | (784) |  |  | (14,245) |  |  | — |  |  | — |  |  | — |  |  | (15,029) |
Cash dividends ($0.20 per share) | — |  |  | — |  |  | (15,909) |  |  | — |  |  | — |  |  | (15,909) |
Total equity, December 31, 2023 | $ | 99,071 |  |  | $ | 444,162 |  |  | $ | 1,145,911 |  |  | $ | (401,321) |  |  | $ | 40,281 |  |  | $ | 1,328,104 |
A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the six months ended December 31, 2024 and 2023 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, 2024 | $ | 97,361 |  |  | $ | 416,620 |  |  | $ | 1,170,482 |  |  | $ | (434,588) |  |  | $ | 38,724 |  |  | $ | 1,288,599 |
Net income | — |  |  | — |  |  | 40,051 |  |  | — |  |  | 2,452 |  |  | 42,503 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | (15,872) |  |  | (1,055) |  |  | (16,927) |
Dividend reinvestment | 4 |  |  | 81 |  |  | — |  |  | — |  |  | — |  |  | 85 |
Capital stock issued under employee benefit and stock plans(3) | 705 |  |  | 6,346 |  |  | — |  |  | — |  |  | — |  |  | 7,051 |
Purchase of capital stock | (1,409) |  |  | (28,653) |  |  | — |  |  | — |  |  | — |  |  | (30,062) |
Cash dividends ($0.40 per share) | — |  |  | — |  |  | (31,148) |  |  | — |  |  | — |  |  | (31,148) |
Total equity, December 31, 2024 | $ | 96,661 |  |  | $ | 394,394 |  |  | $ | 1,179,385 |  |  | $ | (450,460) |  |  | $ | 40,121 |  |  | $ | 1,260,101 |
| 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 | — |  |  | — |  |  | 53,165 |  |  | — |  |  | 1,532 |  |  | 54,697 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 13,022 |  |  | 28 |  |  | 13,050 |
Dividend reinvestment | 5 |  |  | 85 |  |  | — |  |  | — |  |  | — |  |  | 90 |
Capital stock issued under employee benefit and stock plans(3) | 689 |  |  | 6,008 |  |  | — |  |  | — |  |  | — |  |  | 6,697 |
Purchase of capital stock | (1,417) |  |  | (27,337) |  |  | — |  |  | — |  |  | — |  |  | (28,754) |
Cash dividends ($0.40 per share) | — |  |  | — |  |  | (31,844) |  |  | — |  |  | — |  |  | (31,844) |
Total equity, December 31, 2023 | $ | 99,071 |  |  | $ | 444,162 |  |  | $ | 1,145,911 |  |  | $ | (401,321) |  |  | $ | 40,281 |  |  | $ | 1,328,104 |
(3) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements. The amounts of comprehensive (loss) income attributable to Kennametal Shareholders and noncontrolling interests are disclosed in the condensed consolidated statements of comprehensive (loss) income.

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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 + Details
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