KENNAMETAL INC. KMT Income Statement

Kennametal inc. (KMT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09
Sales
483,084	505,080	518,088	603,949	597,204	587,394	586,687	646,118	607,936	571,345	542,454	565,025	528,630	487,573	477,140	521,224	497,837	524,021	555,354	637,653	638,970	675,631	694,941	772,204	755,242	689,936	619,808	671,410	655,360	633,144	629,459	739,217	696,411	641,741	658,877	693,737	614,830	565,768	529,158	538,642	493,165	442,865	409,395
Cost of goods sold
326,066	373,062	379,108	390,229	389,118	388,796	375,595	401,693	391,519	381,844	360,505	397,527	342,365	339,950	333,610	354,540	340,484	383,215	404,130	448,687	439,500	476,173	476,842	519,364	516,287	482,965	421,571	442,696	446,865	433,697	421,111	474,359	449,965	409,855	407,817	428,092	384,849	365,743	340,418	339,127	322,841	302,777	291,594
Gross profit
157,018	132,018	138,980	213,720	208,086	198,598	211,092	244,425	216,417	189,501	181,949	167,498	186,265	147,623	143,530	166,684	157,353	140,806	151,224	188,966	199,470	199,458	218,099	252,840	238,955	206,971	198,237	228,714	208,495	199,447	208,348	264,858	246,446	231,886	251,060	265,645	229,981	200,025	188,740	199,515	170,324	140,088	117,801
Operating expense
98,534	107,548	114,191	116,096	120,135	114,635	123,285	124,792	130,630	122,138	120,592	120,760	116,939	111,004	119,865	121,148	121,004	123,580	129,243	130,923	138,025	137,459	148,488	154,785	152,298	148,421	134,264	132,884	128,328	127,778	138,860	142,031	138,904	134,566	145,989	143,083	138,322	132,105	125,020	123,361	120,062	117,902	116,162
Restructuring and asset impairment charges (Notes 7 and 18)
17,187	62,329	4,666	9,024	2,440	1,545	1,075	5,073	1,264	45	5,525	20,788	7,169	8,456	28,605	15,311	7,142	112,237	9,120	16,398	175,435	388,839	1,563	12,595	2,703	2,310	0	-	0	0	-	-	-	-	-	4,889	1,046	3,391	3,260	12,025	20,720	3,348	7,830
Loss on divestiture (Note 4)
0	-6,517	-	-	0	0	-	-	-	-	-	-	-	-	-	-	2,557	-133,307	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Intangible Assets
3,404	3,262	3,747	3,631	3,640	3,560	3,580	3,640	3,690	3,677	3,661	3,912	4,245	4,150	4,271	4,448	4,429	5,638	6,247	6,326	6,402	6,931	7,027	7,404	7,124	6,524	5,143	5,259	5,194	5,200	5,107	5,368	4,250	3,272	3,461	2,906	2,836	2,912	2,948	3,144	3,239	3,367	3,340
Operating Income (Loss)
37,893	-47,638	16,376	84,969	81,871	78,858	83,152	110,920	80,833	63,641	52,171	22,038	57,912	24,013	-9,211	25,064	27,335	-233,956	6,614	35,319	-120,392	-333,771	61,021	78,056	76,830	49,716	58,830	90,571	74,973	66,469	64,381	117,459	103,292	94,048	101,610	114,767	87,777	61,617	57,512	60,985	26,303	15,471	-9,531
Interest expense
7,897	8,055	7,881	8,689	8,104	8,104	8,097	8,233	7,468	7,231	7,149	7,367	7,331	7,151	6,993	6,857	7,113	6,803	6,979	7,536	7,760	7,960	8,210	8,450	8,883	8,037	7,081	7,042	7,504	6,970	5,956	8,469	8,003	5,256	5,487	5,466	5,767	5,564	5,963	6,347	6,531	5,954	6,371
Other income, net
2,438	4,211	2,681	3,603	4,993	4,022	2,761	-13,757	3,876	3,220	4,218	18,435	-1,626	-726	-118	2,541	1,938	732	-1,087	1,706	378	-2,223	1,813	-1,266	561	-856	-611	-1,811	-749	-655	902	-395	486	1,258	-574	291	-1,413	253	-1,911	2,263	1,496	1,866	2,952
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
32,434	-51,482	11,176	79,883	78,760	74,776	77,816	88,930	77,241	59,630	49,240	33,106	48,955	16,136	-16,322	20,748	22,160	-240,027	-1,452	29,489	-127,774	-343,954	54,624	68,340	68,508	40,823	51,138	81,718	66,720	58,844	59,327	108,595	95,775	90,050	95,549	109,592	80,597	56,306	49,638	56,901	21,268	11,383	-12,950
Provision (benefit) for income taxes
30,193	-45,253	3,766	16,806	8,632	18,529	19,392	18,777	24,130	17,472	9,602	7,494	9,301	8,221	4,879	86,812	5,465	-71,216	4,252	7,321	-82,223	43,751	14,497	20,861	16,514	16,656	12,580	19,534	12,344	15,535	12,280	22,043	19,538	15,579	21,976	22,764	15,394	12,016	13,682	15,951	11,065	5,090	-5,129
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,950	10,203	6,293	-7,821
Loss from discontinued operations (Note 5)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-56	-1,367
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
2,241	-6,229	7,410	63,077	70,128	56,247	58,424	70,153	53,111	42,158	39,638	25,612	39,654	7,915	-21,201	-66,064	16,695	-168,811	-5,704	22,168	-45,551	-387,705	40,127	47,479	51,994	24,167	38,558	62,184	54,376	43,309	47,047	86,552	76,237	74,471	73,573	86,828	65,203	44,290	35,956	40,950	10,203	6,237	-9,188
Less: Net (loss) income attributable to noncontrolling interests
-676	-290	944	1,099	1,578	1,549	1,725	1,623	2,245	557	455	970	764	653	455	451	695	416	522	1,021	678	597	639	2,024	1,129	-42	721	1,367	460	1,167	657	504	738	774	1,587	174	520	821	1,035	366	518	270	629
Net income attributable to Kennametal
2,917	-5,939	6,466	61,978	68,550	54,698	56,699	68,530	50,866	41,601	39,183	24,642	38,890	7,262	-21,656	-66,515	16,000	-169,227	-6,226	21,147	-46,229	-388,302	39,488	45,455	50,865	24,209	37,837	60,817	53,916	42,142	46,390	86,048	75,499	73,697	71,986	86,654	64,683	43,469	34,921	40,584	9,685	5,967	-9,817
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,584	9,685	6,023	-8,450
Loss from discontinued operations (Note 5)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-56	-1,367
Net income attributable to Kennametal
2,917	-5,939	6,466	61,978	68,550	54,698	56,699	68,530	50,866	41,601	39,183	24,642	38,890	7,262	-21,656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,683	43,469	34,921	40,584	9,685	5,967	-9,817
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50	0.12	0.07	-0.10
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.02
Basic earnings per share
0.04	-0.07	0.08	0.76	0.83	0.66	0.69	0.84	0.62	0.51	0.48	0.31	0.48	0.09	-0.27	-0.83	0.20	-2.12	-0.08	0.26	-0.58	-4.89	0.50	0.57	0.65	0.31	0.48	0.77	0.68	0.53	0.58	1.08	0.94	0.92	0.89	1.05	0.79	0.53	0.43	0.50	0.12	0.07	-0.12
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50	0.12	0.07	-0.10
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.02
Diluted earnings per share
0.03	-0.07	0.08	0.74	0.82	0.66	0.68	0.83	0.61	0.50	0.48	0.31	0.48	0.09	-0.27	-0.83	0.20	-2.12	-0.08	0.27	-0.58	-4.89	0.49	0.57	0.64	0.30	0.48	0.76	0.67	0.52	0.57	1.05	0.93	0.91	0.88	1.05	0.77	0.52	0.42	0.50	0.12	0.07	-0.12
Dividends per share
0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.16	0.16	0.16	0.16	0.14	0.14	0.14	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Basic weighted average shares outstanding
83,106	83,075	82,881	82,601	82,479	82,331	82,105	81,835	81,793	81,477	81,071	80,746	80,398	80,206	80,054	79,901	79,871	79,840	79,728	79,522	79,389	79,343	79,114	78,826	78,718	78,729	78,439	78,600	79,294	79,713	80,245	80,330	80,110	79,765	80,659	81,823	82,138	82,186	82,105	81,585	81,358	81,149	79,772
Diluted weighted average shares outstanding
83,696	83,075	83,487	83,321	83,339	83,310	83,194	83,006	83,109	82,778	82,123	82,215	81,381	81,026	80,054	79,548	80,224	79,840	79,728	78,703	79,389	79,343	79,933	79,678	79,744	79,776	79,470	79,438	80,619	80,986	81,405	81,477	81,535	80,936	81,808	83,171	83,495	83,337	82,689	82,944	82,189	81,855	79,772
Noncontrolling Interest [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-676	-290	944	-	1,578	1,549	1,725	-	2,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-