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Segment Data
 12 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT DATA SEGMENT DATA
The Company manages and reports its business in the following two segments: Metal Cutting and Infrastructure. The Company's reportable operating segments have been determined in accordance with the Company's internal management structure, which is organized based on operating activities, the manner in which we organize segments for making operating decisions and assessing performance and the availability of separate financial results. We do not allocate certain corporate expenses related to executive retirement plans, the Company’s Board of Directors and strategic initiatives, as well as certain other costs and report them in Corporate. Our reportable operating segments do not represent the aggregation of two or more operating segments.
Sales to a single customer did not aggregate to five percent or more of total sales in 2023, 2022 and 2021.
METAL CUTTING The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace and defense, general engineering, energy and transportation. The products include milling, hole making, turning, threading and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships and various types of industrial equipment. We leverage advanced manufacturing capabilities in combination with varying levels of customization to solve our customers’ toughest challenges and deliver improved productivity for a wide range of applications. Metal Cutting markets its products under the Kennametal®, WIDIA®, WIDIA Hanita® and WIDIA GTD® brands through its direct sales force, a network of independent and national distributors, integrated supplier channels and via the Internet. Application engineers and technicians are critical to the sales process and directly assist our customers with specified product design, selection, application and support.
INFRASTRUCTURE Our Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the aerospace and defense, energy, earthworks and general engineering end markets. These wear-resistant products include compacts, nozzles, frac seats and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling and road milling; tungsten carbide powders for the oil and gas, aerospace and process industries; high temperature critical wear components, tungsten penetrators and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers. We combine deep metallurgical and engineering expertise with advanced manufacturing capabilities, such as 3D printing, to deliver solutions that drive improved productivity for our customers. Infrastructure markets its products primarily under the Kennametal® brand and sells through a direct sales force as well as through distributors.
Segment data is summarized as follows: 
(in thousands)202320222021
Sales:
Metal Cutting$1,269,765 $1,227,273 $1,150,746 
Infrastructure808,419 785,183 690,695 
Total sales$2,078,184 $2,012,456 $1,841,441 
Operating income:
Metal Cutting$135,763 $121,386 $45,855 
Infrastructure59,757 98,871 59,461 
Corporate(3,103)(2,117)(3,148)
Total operating income$192,417 $218,140 $102,168 
Interest expense$28,496 $25,914 $46,375 
Other expense (income), net4,300 (14,507)(8,867)
Income before income taxes$159,621 $206,733 $64,660 
Depreciation and amortization:
Metal Cutting$90,880 $87,986 $81,796 
Infrastructure43,144 43,691 44,661 
Corporate1 1 31 
Total depreciation and amortization$134,025 $131,678 $126,488 
Segment assets(4):
Metal Cutting$1,460,757 $1,469,835 $1,532,177 
Infrastructure734,944 768,226 698,766 
Corporate351,533 335,463 434,818 
Total assets$2,547,234 $2,573,524 $2,665,761 
Capital expenditures:
Metal Cutting$58,384 $64,055 $103,812 
Infrastructure36,001 32,869 23,490 
Total capital expenditures$94,385 $96,924 $127,302 
(4) Metal Cutting and Infrastructure segment assets are principally accounts receivable, less allowance for doubtful accounts; inventories; property, plant and equipment, net; goodwill; other intangible assets, net of accumulated amortization; and operating lease ROU assets. Corporate assets are principally cash and cash equivalents, other current assets, long-term prepaid pension benefit, deferred income taxes and other assets.
Geographic information for sales, based on country where the sale originated, and long-lived assets is as follows:
(in thousands)202320222021
Sales:
   United States$848,713 $797,768 $692,106 
   Germany270,936 262,764 260,792 
   China220,193 234,997 242,815 
   India112,819 108,695 94,966 
   Canada103,323 94,956 79,891 
   Italy68,249 67,930 59,955 
   France51,178 47,218 45,356 
   South Africa42,775 42,402 36,079 
   Mexico 42,367 35,099 29,629 
   Brazil32,946 26,147 21,292 
   Spain31,064 29,756 30,577 
   United Kingdom29,943 30,686 28,464 
   Other(5)
223,678 234,038 219,519 
Total sales$2,078,184 $2,012,456 $1,841,441 
Total long-lived assets:
   United States$552,770 $585,003 $611,724 
   Germany204,551 195,325 218,250 
   China81,731 92,315 97,404 
   India44,748 45,146 19,144 
   Israel24,662 26,864 44,504 
   Canada18,934 18,478 21,790 
   Other (5)
41,672 38,910 42,319 
Total long-lived assets(6)
$969,068 $1,002,041 $1,055,135 
(5) Other does not contain any country that individually exceeds 2 percent of total sales or total long-lived assets, respectively.
(6) Total long-lived assets as of June 30, 2023, 2022 and 2021 include property, plant, and equipment, net.
The following table presents Kennametal's revenue disaggregated by segment by geography:
Metal CuttingInfrastructureTotal Kennametal
202320222021202320222021202320222021
Americas44 %41 %38 %60 %59 %57 %50 %48 %45 %
EMEA36 37 39 18 18 19 29 30 31 
Asia Pacific20 22 23 22 23 24 21 22 24 
To better align with the Company's strategic goals and initiatives, certain of the end markets that are reported externally and used to analyze sales performance have been redefined. The changes include 1.) defense sales were moved from general engineering and are now combined with aerospace sales for a new "aerospace and defense" end market, 2.) certain Metal Cutting sales have been reclassified from general engineering to the aerospace and defense end market, and 3.) Infrastructure's ceramics sales have been reclassified from energy to the general engineering end market. All periods presented have been retrospectively restated to align with the new end markets.
The following table presents Kennametal's revenue disaggregated by segment by end market:
Metal CuttingInfrastructureTotal Kennametal
202320222021202320222021202320222021
General Engineering55 %55 %53 %34 %34 %34 %47 %47 %46 %
Transportation27 27 30 — — — 16 17 19 
Aerospace & Defense11 10 9 6 7 9 9 9 9 
Energy7 8 8 24 22 18 14 13 12 
Earthworks— — — 36 37 39 14 14 14