v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Sales $ 592,585 $ 486,399 $ 1,620,084 $ 1,450,398
Cost of goods sold 384,607 330,034 1,083,686 997,993
Gross profit 207,978 156,365 536,398 452,405
Operating expense 124,046 104,013 353,377 324,975
Restructuring and other charges, net (Note 6) 2,115 5,589 6,232 7,535
Amortization of intangibles 2,387 2,703 7,138 8,142
Operating income 79,430 44,060 169,651 111,753
Interest expense 6,264 6,213 18,539 18,705
Other income, net (6,546) (5,454) (10,964) (8,589)
Income before income taxes 79,712 43,301 162,076 101,637
Provision for income taxes 18,589 10,219 41,124 26,052
Net income 61,123 33,082 120,952 75,585
Less: Net income attributable to noncontrolling interests 2,894 1,600 5,540 4,052
Net income attributable to Kennametal $ 58,229 $ 31,482 $ 115,412 $ 71,533
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS        
Basic earnings per share (in dollars per share) $ 0.76 $ 0.41 $ 1.51 $ 0.92
Diluted earnings per share (in dollars per share) $ 0.75 $ 0.41 $ 1.49 $ 0.91
Basic weighted average shares outstanding (in shares) 76,264 77,037 76,195 77,614
Diluted weighted average shares outstanding (in shares) 77,758 77,651 77,231 78,208
Dividends per share (in dollars per share) $ 0.20 $ 0.20 $ 0.60 $ 0.60
Noncontrolling Interest        
Net income $ 2,894 $ 1,600 $ 5,540 $ 4,052