Disaggregation of Revenue [Table Text Block] |
The following table presents Kennametal's revenue disaggregated by geography: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | December 31, 2022 | | December 31, 2021 | (in percentages) | Metal Cutting | | Infrastructure | | Total Kennametal | | Metal Cutting | | Infrastructure | | Total Kennametal | Americas | 44% | | 60% | | 50% | | 40% | | 57% | | 47% | EMEA | 36 | | 18 | | 29 | | 38 | | 17 | | 30 | Asia Pacific | 20 | | 22 | | 21 | | 22 | | 26 | | 23 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended | | December 31, 2022 | | December 31, 2021 | (in percentages) | Metal Cutting | | Infrastructure | | Total Kennametal | | Metal Cutting | | Infrastructure | | Total Kennametal | Americas | 44% | | 61% | | 51% | | 40% | | 57% | | 47% | EMEA | 35 | | 17 | | 27 | | 38 | | 19 | | 30 | Asia Pacific | 21 | | 22 | | 22 | | 22 | | 24 | | 23 |
The following tables presents Kennametal's revenue disaggregated by end market: | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, 2022 | (in percentages) | Metal Cutting | | Infrastructure | | Total Kennametal | General engineering | 56% | | 35% | | 47% | Transportation | 27 | | — | | 16 | Aerospace | 10 | | — | | 6 | Energy | 7 | | 29 | | 17 | Earthworks | — | | 36 | | 14 |
| | | | | | | | | | | | | | | | | | | Three Months Ended December 31, 2021 | (in percentages) | Metal Cutting | | Infrastructure | | Total Kennametal | General engineering | 57% | | 36% | | 48% | Transportation | 26 | | — | | 16 | Aerospace | 9 | | — | | 6 | Energy | 8 | | 28 | | 16 | Earthworks | — | | 36 | | 14 |
| | | | | | | | | | | | | | | | | | | Six Months Ended December 31, 2022 | (in percentages) | Metal Cutting | | Infrastructure | | Total Kennametal | General engineering | 56% | | 33% | | 47% | Transportation | 27 | | — | | 16 | Aerospace | 10 | | — | | 6 | Energy | 7 | | 31 | | 17 | Earthworks | — | | 36 | | 14 |
| | | | | | | | | | | | | | | | | | | Six Months Ended December 31, 2021 | (in percentages) | Metal Cutting | | Infrastructure | | Total Kennametal | General engineering | 56% | | 35% | | 48% | Transportation | 27 | | — | | 17 | Aerospace | 9 | | — | | 5 | Energy | 8 | | 29 | | 16 | Earthworks | — | | 36 | | 14 |
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Sales and operating income (loss) by segment and segment assets |
Our sales and operating income by segment are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Six Months Ended December 31, | (in thousands) | 2022 | | 2021 | | 2022 | | 2021 | Sales: | | | | | | | | Metal Cutting | $ | 299,469 | | | $ | 298,581 | | | $ | 599,405 | | | $ | 597,011 | | Infrastructure | 197,652 | | | 188,092 | | | 392,508 | | | 373,171 | | Total sales | $ | 497,121 | | | $ | 486,673 | | | $ | 991,913 | | | $ | 970,182 | | Operating income: | | | | | | | | Metal Cutting | $ | 26,222 | | | $ | 27,895 | | | $ | 54,828 | | | $ | 57,059 | | Infrastructure | 10,097 | | | 19,971 | | | 30,884 | | | 46,007 | | Corporate | (828) | | | (361) | | | (1,696) | | | (955) | | Total operating income | 35,491 | | | 47,505 | | | 84,016 | | | 102,111 | | Interest expense | 7,015 | | | 6,460 | | | 13,652 | | | 12,781 | | Other expense (income), net | 588 | | | (3,142) | | | 1,597 | | | (6,601) | | Income before income taxes | $ | 27,888 | | | $ | 44,187 | | | $ | 68,767 | | | $ | 95,931 | |
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