Segment Data (Tables)

6 Months Ended

Dec. 31, 2023

Disaggregation of Revenue [Table Text Block]

The following table presents Kennametal's revenue disaggregated by geography:


	Three Months Ended
	December 31, 2023			December 31, 2022
(in percentages)	Metal Cutting	Infrastructure	Total Kennametal	Metal Cutting	Infrastructure	Total Kennametal
Americas	43%	57%	48%	44%	60%	50%
Europe, the Middle East and Africa (EMEA)	38	19	31	36	18	29
Asia Pacific	19	24	21	20	22	21


	Six Months Ended
	December 31, 2023			December 31, 2022
(in percentages)	Metal Cutting	Infrastructure	Total Kennametal	Metal Cutting	Infrastructure	Total Kennametal
Americas	44%	58%	49%	44%	61%	51%
EMEA	37	19	31	35	17	27
Asia Pacific	19	23	20	21	22	22

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 were redefined beginning in the fourth quarter of fiscal 2023. 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. The fiscal 2023 period has been retrospectively restated to align with the new end markets.

The following tables presents Kennametal's revenue disaggregated by end market:


	Three Months Ended December 31, 2023
(in percentages)	Metal Cutting	Infrastructure	Total Kennametal
General engineering	54%	34%	47%
Transportation	27	—	17
Aerospace & Defense	12	6	10
Energy	7	23	13
Earthworks	—	37	13


	Three Months Ended December 31, 2022
(in percentages)	Metal Cutting	Infrastructure	Total Kennametal
General engineering	55%	35%	47%
Transportation	27	—	16
Aerospace & Defense	11	7	9
Energy	7	22	14
Earthworks	—	36	14


	Six Months Ended December 31, 2023
(in percentages)	Metal Cutting	Infrastructure	Total Kennametal
General engineering	54%	34%	47%
Transportation	27	—	17
Aerospace & Defense	12	6	9
Energy	7	23	13
Earthworks	—	37	14


	Six Months Ended December 31, 2022
(in percentages)	Metal Cutting	Infrastructure	Total Kennametal
General engineering	55%	35%	47%
Transportation	27	—	16
Aerospace & Defense	11	5	9
Energy	7	24	14
Earthworks	—	36	14

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)	2023		2022		2023		2022
Sales:
Metal Cutting	$	311,445	$	299,469	$	619,675	$	599,405
Infrastructure	183,875		197,652		368,121		392,508
Total sales	$	495,320	$	497,121	$	987,796	$	991,913
Operating income:
Metal Cutting	$	25,527	$	26,222	$	57,644	$	54,828
Infrastructure	3,236		10,097		16,880		30,884
Corporate	(284)		(828)		(927)		(1,696)
Total operating income	28,479		35,491		73,597		84,016
Interest expense	6,847		7,015		13,447		13,652
Other (income) expense, net	(687)		588		(597)		1,597
Income before income taxes	$	22,319	$	27,888	$	60,747	$	68,767