v3.22.4
Equity
 6 Months Ended
Dec. 31, 2022
Equity [Abstract]  
EQUITY 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 ending December 31, 2022 and 2021 is as follows:
 Kennametal Shareholders’ Equity  
(in thousands, except per share amounts)Capital stockAdditional paid-in capitalRetained earningsAccumulated other comprehensive lossNon-controlling interestsTotal equity
Balance as of September 30, 2022
$101,095 $478,930 $1,082,575 $(461,197)$36,942 $1,238,345 
Net income— — 21,899 — 1,025 22,924 
Other comprehensive income— — — 49,021 1,067 50,088 
Dividend reinvestment2 45 — — — 47 
Capital stock issued under employee benefit and stock plans(3)
131 4,453 — — — 4,584 
Purchase of capital stock(587)(10,105)— — — (10,692)
Cash dividends ($0.20 per share)
— — (16,095)— — (16,095)
Total equity, December 31, 2022
$100,641 $473,323 $1,088,379 $(412,176)$39,034 $1,289,201 
 Kennametal Shareholders’ Equity  
(in thousands, except per share amounts)Capital stockAdditional paid-in capitalRetained earningsAccumulated other comprehensive lossNon-controlling interestsTotal equity
Balance as of September 30, 2021
$104,527 $550,790 $1,012,055 $(342,421)$39,696 $1,364,647 
Net income— — 31,421 — 1,304 32,725 
Other comprehensive loss— — — (6,747)(449)(7,196)
Dividend reinvestment1 46 — — — 47 
Capital stock issued under employee benefit and stock plans(3)
65 5,604 — — — 5,669 
Purchase of capital stock(751)(21,848)— — — (22,599)
Cash dividends ($0.20 per share)
— — (16,720)— — (16,720)
Total equity, December 31, 2021
$103,842 $534,592 $1,026,756 $(349,168)$40,551 $1,356,573 
(3) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.
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 ending December 31, 2022 and 2021 is as follows:
 Kennametal Shareholders’ Equity  
(in thousands, except per share amounts)Capital stockAdditional paid-in capitalRetained earningsAccumulated other comprehensive lossNon-controlling interestsTotal equity
Balance as of June 30, 2022
$101,671 $494,202 $1,070,655 $(413,951)$38,670 $1,291,247 
Net income— — 50,095 — 2,466 52,561 
Other comprehensive income— — — 1,775 (698)1,077 
Dividend reinvestment4 89 — — — 93 
Capital stock issued under employee benefit and stock plans(3)
585 7,481 — — — 8,066 
Purchase of capital stock(1,619)(28,449)— — — (30,068)
Cash dividends ($0.40 per share)— — (32,371)— — (32,371)
Cash dividends to non-controlling interests— — — (1,404)(1,404)
Total equity, December 31, 2022
$100,641 $473,323 $1,088,379 $(412,176)$39,034 $1,289,201 
 Kennametal Shareholders’ Equity  
(in thousands, except per share amounts)Capital stockAdditional paid-in capitalRetained earningsAccumulated other comprehensive lossNon-controlling interestsTotal equity
Balance as of June 30, 2021
$104,518 $562,820 $992,597 $(330,327)$38,597 $1,368,205 
Net income— — 67,619 — 2,858 70,477 
Other comprehensive loss— — — (18,841)(904)(19,745)
Dividend reinvestment3 92 — — — 95 
Capital stock issued under employee benefit and stock plans(3)
512 5,997 — — — 6,509 
Purchase of capital stock(1,191)(34,317)— — — (35,508)
Cash dividends ($0.40 per share)— — (33,460)— — (33,460)
Total equity, December 31, 2021
$103,842 $534,592 $1,026,756 $(349,168)$40,551 $1,356,573 
(3) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.
The amounts of comprehensive income attributable to Kennametal Shareholders and noncontrolling interests are disclosed in the condensed consolidated statements of comprehensive income.