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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Sep. 30, 2012	Oct. 31, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	KENNAMETAL INC
Entity Central Index Key	0000055242
Document Type	10-Q
Document Period End Date	Sep. 30, 2012
Amendment Flag	false
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		79,631,397

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Income Statement [Abstract]
Sales	$ 629,459	$ 658,877
Cost of goods sold	421,111	407,817
Gross profit	208,348	251,060
Operating expense	138,860	145,989
Amortization of intangibles	5,107	3,461
Operating income	64,381	101,610
Interest expense	5,956	5,487
Other (income) expense, net	(902)	574
Income from continuing operations before income taxes	59,327	95,549
Provision for income taxes	12,280	21,976
Net income	47,047	73,573
Less: Net income attributable to noncontrolling interests	657	1,587
Net income attributable to Kennametal	$ 46,390	$ 71,986
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREOWNERS
Basic earning per share	$ 0.58	$ 0.89
Diluted earning per share	0.57	0.88
Dividends per share	$ 0.16	$ 0.12
Basic weighted average shares outstanding	80,245	80,659
Diluted weighted average shares outstanding	81,405	81,808

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Statement of Other Comprehensive Income [Abstract]
Net income	$ 47,047	$ 73,573
Unrealized loss on derivatives designated and qualified as cash flow hedges, net of income tax benefit of $0.4 million and $6.6 million, respectively	(571)	(10,677)
Reclassification of unrealized loss on expired derivatives designated and qualified as cash flow hedges, net of income tax benefit of ($0.0) million and ($0.2) million, respectively	85	241
Unrecognized net pension and other postretirement benefit (loss) gain, net of income tax (benefit) expense of $0.4 million and ($0.3) million, respectively	(1,118)	848
Reclassification of net pension and other postretirement benefit loss, net of income tax benefit of ($1.4) million and ($0.7) million, respectively	2,414	1,287
Foreign currency translation adjustments, net of income tax (expense) benefit of ($18.9) million and $41.8 million, respectively	25,080	(69,877)
Total comprehensive income (loss)	72,937	(4,605)
Comprehensive income (loss) attributable to noncontrolling interests	1,287	(114)
Comprehensive income (loss) attributable to Kennametal Shareowners	$ 71,650	$ (4,491)

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Statement of Other Comprehensive Income [Abstract]
Unrealized loss on derivatives designated and qualified as cash flow hedges, Tax benefit	$ 0.4	$ 6.6
Reclassification of unrealized loss on expired derivatives designated and qualified as cash flow hedges, Tax benefit	0.0	(0.2)
Unrecognized net pension and other postretirement benefit (loss) gain, Tax benefit (expense)	0.4	(0.3)
Reclassification of net pension and other postretirement benefit loss, Tax benefit	(1.4)	(0.7)
Foreign currency translation adjustments, Tax (expense) benefit	$ 18.9	$ (41.8)

- Definition

Tax effect of the income statement impact of the reclassification adjustment of accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges realized in net income. Also includes reclassification adjustments of an entity's share of an equity investee's deferred hedging gain (loss) realized in net income.

+ References + Details

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 110,528	$ 116,466
Accounts receivable, less allowance for doubtful accounts of $12,594 and $12,530	437,700	478,989
Inventories (Note 10)	624,265	585,856
Deferred income taxes	51,226	51,017
Other current assets	48,360	50,634
Total current assets	1,272,079	1,282,962
Property, plant and equipment:
Land and buildings	383,447	379,034
Machinery and equipment	1,423,294	1,396,359
Less accumulated depreciation	(1,066,035)	(1,033,192)
Property, plant and equipment, net	740,706	742,201
Other assets:
Investments in affiliated companies	722	685
Goodwill (Note 16)	721,415	719,350
Other intangible assets, less accumulated amortization of $95,728 and $89,886 (Note 16)	238,222	243,487
Deferred income taxes	23,092	25,205
Other	19,964	20,298
Total other assets	1,003,415	1,009,025
Total assets	3,016,200	3,034,188
Current liabilities:
Current maturities of long-term debt and capital leases (Note 11)	17,488	33,572
Notes payable to banks	53,315	41,565
Accounts payable	183,605	219,475
Accrued income taxes	25,291	39,270
Accrued expenses	82,516	97,177
Other current liabilities	118,073	147,563
Total current liabilities	480,288	578,622
Long-term debt and capital leases, less current maturities (Note 11)	530,321	490,608
Deferred income taxes	66,501	69,134
Accrued pension and postretirement benefits	190,257	190,747
Accrued income taxes	4,209	3,964
Other liabilities	32,092	32,892
Total liabilities	1,303,668	1,365,967
Commitments and contingencies
Kennametal Shareowners' Equity:
Preferred stock, no par value; 5,000 shares authorized; none issued
Capital stock, $1.25 par value; 120,000 shares authorized; 79,616 and 80,085 shares issued	99,520	100,106
Additional paid-in capital	432,796	447,433
Retained earnings	1,280,439	1,246,973
Accumulated other comprehensive loss	125,402	150,662
Total Kennametal Shareowners' Equity	1,687,353	1,643,850
Noncontrolling interests	25,179	24,371
Total equity	1,712,532	1,668,221
Total liabilities and equity	$ 3,016,200	$ 3,034,188

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 12,594	$ 12,530
Accumulated amortization on other intangible assets	$ 95,728	$ 89,886
Preferred stock, par value	$ 0	$ 0
Preferred stock, shares authorized	5,000	5,000
Preferred stock, shares issued	0	0
Capital stock, par value	$ 1.25	$ 1.25
Capital stock, shares authorized	120,000	120,000
Capital stock, shares issued	79,616	80,085

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
OPERATING ACTIVITIES
Net income	$ 47,047	$ 73,573
Adjustments for non-cash items:
Depreciation	23,884	20,699
Amortization	5,107	3,461
Stock-based compensation expense	10,073	8,092
Deferred income tax provision	1,763	4,344
Other	2,161	(3,294)
Changes in certain assets and liabilities:
Accounts receivable	46,814	12,303
Inventories	(31,628)	(62,680)
Accounts payable and accrued liabilities	(89,183)	(64,685)
Accrued income taxes	(11,286)	1,978
Other	(1,614)	(1,029)
Net cash flow provided by (used for) operating activities	3,138	(7,238)
INVESTING ACTIVITIES
Purchases of property, plant and equipment	(15,803)	(11,607)
Disposals of property, plant and equipment	423	545
Other	(64)	107
Net cash flow used for investing activities	(15,444)	(10,955)
FINANCING ACTIVITIES
Net increase in notes payable	11,734	2,152
Net decrease in short-term revolving and other lines of credit	(15,300)	0
Term debt borrowings	267,496	90,027
Term debt repayments	(228,478)	(90,092)
Purchase of capital stock	(26,034)	(66,650)
Dividend reinvestment and the effect of employee benefit and stock plans	2,968	5,666
Cash dividends paid to shareowners	(12,924)	(9,849)
Other	3,755	(3,841)
Net cash flow provided by (used for) financing activities	3,217	(72,587)
Effect of exchange rate changes on cash and cash equivalents	3,151	(11,238)
CASH AND CASH EQUIVALENTS
Net decrease in cash and cash equivalents	(5,938)	(102,018)
Cash and cash equivalents, beginning of period	116,466	204,565
Cash and cash equivalents, end of period	$ 110,528	$ 102,547

Organization	3 Months Ended
Organization	Sep. 30, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	ORGANIZATION From its founding in 1938, the McKenna family incorporated Kennametal Inc. in Pennsylvania in 1943. Kennametal Inc. and its subsidiaries (collectively, Kennametal or the Company) are a leading global manufacturer and supplier of tooling, engineered components and advanced materials consumed in production processes. We believe that our reputation for manufacturing excellence, as well as our technological expertise and innovation we deliver in our products and services, helps us to achieve a leading position in our primary markets. End users of our products include metalworking and machinery manufacturers and suppliers across a diverse array of industries, including the aerospace, defense, transportation, machine tool, light machinery and heavy machinery, as well as producers and suppliers in a number of equipment-intensive industries such as coal mining, road construction and quarrying, as well as oil and gas exploration, refining, production and supply. Our end users' applications range from airframes to mining operations, engines to oil wells and turbochargers to processing. We operate two global business segments consisting of Industrial and Infrastructure.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

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-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
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-Name Accounting Research Bulletin (ARB)
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+ Details

Basis of Presentation	3 Months Ended
Basis of Presentation	Sep. 30, 2012
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The condensed consolidated financial statements, which include our accounts and those of our majority-owned subsidiaries, should be read in conjunction with our 2012 Annual Report on Form 10-K. The condensed consolidated balance sheet as of June 30, 2012 was derived from the audited balance sheet included in our 2012 Annual Report on Form 10-K. These interim statements are unaudited; however, we believe that all adjustments necessary for a fair statement of the results of the interim periods were made and all adjustments are normal adjustments. The results for the three months ended September 30, 2012 and 2011 are not necessarily indicative of the results to be expected for a full fiscal year. Unless otherwise specified, any reference to a “year” is to a fiscal year ended June 30. For example, a reference to 2013 is to the fiscal year ending June 30, 2013. When used in this Form 10-Q, unless the context requires otherwise, the terms “we,” “our” and “us” refer to Kennametal Inc. and its consolidated subsidiaries.

New Accounting Standards	3 Months Ended
New Accounting Standards	Sep. 30, 2012
Accounting Changes and Error Corrections [Abstract]
NEW ACCOUNTING STANDARDS	NEW ACCOUNTING STANDARDS Adopted As of July 1, 2012, Kennametal adopted the Financial Accounting Standards Board (FASB) deferral to present reclassifications of other comprehensive income on the face of the income statement. Companies were still required to adopt the other requirements contained in the accounting guidance on presentation of other comprehensive income. The adoption of this guidance did not have an impact on our condensed consolidated financial statements. As of July 1, 2012, Kennametal adopted changes to the presentation of comprehensive income. This guidance eliminated the option to report other comprehensive income and its components in the statement of changes in equity. An entity could elect to present items of net income and other comprehensive income in one continuous statement or in two separate consecutive statements. Each component of net income and other comprehensive income, together with totals for comprehensive income and its two parts, net income and other comprehensive income, need to be displayed under either alternative. We elected to present the two-statement option. Other than the change in presentation, the adoption of this guidance had no impact on the condensed consolidated financial statements. As of July 1, 2012, Kennametal adopted changes to testing goodwill for impairment. The guidance permits an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test. The adoption of this guidance did not have an impact on our condensed consolidated financial statements. Issued In June 2012, the FASB issued additional guidance on testing indefinite lived intangible assets for impairment. The guidance permits an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of the indefinite lived intangible assets is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step impairment test. This guidance is effective for Kennametal beginning July 1, 2013, with early adoption permitted.

Supplemental Cash Flow Disclosures

3 Months Ended

Sep. 30, 2012

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW DISCLOSURES



	Three Months Ended September 30,
(in thousands)	2012		2011
Cash paid during the period for:
Interest	$	8,496	$	1,072
Income taxes	21,247		11,213

Acquisition

3 Months Ended

Sep. 30, 2012

Business Combinations [Abstract]

ACQUISITION

On March 1, 2012, the Company acquired all of the shares of Deloro Stellite Holdings 1 Limited (Stellite) for a purchase price of $382.6 million; net of cash acquired.

The accompanying Condensed Consolidated Statement of Income, for the three months ended September 30, 2012, includes net sales of $59.5 million and net income of $0.4 million related to Stellite.

Unaudited Pro Forma Financial Information

The following unaudited pro forma summary of operating results presents the consolidated results of operations as if the Stellite acquisition had occurred on July 1, 2010. These amounts were calculated after the conversion to U.S. GAAP, applying our accounting policies and adjusting Stellite’s results to reflect increased depreciation and amortization expense resulting from recording fixed assets and intangible assets at fair value and decreasing interest expense to reflect Kennametal’s more favorable borrowing rate, together with the related tax effects. The pro forma results for the three months ended September 30, 2011 included $1.5 million of integration related pre-tax costs. The pro forma results have been presented for comparative purposes only and are not indicative of future results of operations or what would have occurred had the acquisition been made on July 1, 2010.



Three months ended September 30 (in thousands)	2011
Pro forma (unaudited):
Net Sales	$	721,459
Net income attributable to Kennametal	$	72,503
Per share data attributable to Kennametal :
Basic earnings per share	$	0.90
Diluted earnings per share	$	0.89

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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+ Details

Fair Value Measurements

3 Months Ended

Sep. 30, 2012

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy consists of three levels to prioritize the inputs used in valuations, as defined below:

Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3: Inputs that are unobservable.

As of September 30, 2012, the fair values of the Company’s financial assets and financial liabilities measured at fair value on a recurring basis are categorized as follows:



(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives ⁽¹⁾	$	—	$	212	$	—	$	212
Total assets at fair value	$	—	$	212	$	—	$	212

Liabilities:
Derivatives⁽¹⁾	$	—	$	822	$	—	$	822
Total liabilities at fair value	$	—	$	822	$	—	$	822

As of June 30, 2012, the fair value of the Company’s financial assets and financial liabilities measured at fair value on a recurring basis are categorized as follows:



(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives ⁽¹⁾	$	—	$	1,855	$	—	$	1,855
Total assets at fair value	$	—	$	1,855	$	—	$	1,855

Liabilities:
Derivatives ⁽¹⁾	$	—	$	193	$	—	$	193
Total liabilities at fair value	$	—	$	193	$	—	$	193

⁽¹⁾ Foreign currency derivative and interest rate swap contracts are valued based on observable market spot and forward rates and are classified within Level 2 of the fair value hierarchy.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Derivative Instruments and Hedging Activities

3 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

As part of our financial risk management program, we use certain derivative financial instruments. We do not enter into derivative transactions for speculative purposes and, therefore, hold no derivative instruments for trading purposes. We use derivative financial instruments to provide predictability to the effects of changes in foreign currency exchange rates on our consolidated results, achieve our targeted mix of fixed and floating interest rates on outstanding debt and forecasted transactions. We account for derivative instruments as a hedge of the related asset, liability, firm commitment or anticipated transaction, when the derivative is specifically designated as a hedge of such items. Our objective in managing foreign exchange exposures with derivative instruments is to reduce volatility in cash flow, allowing us to focus more of our attention on business operations. With respect to interest rate management, these derivative instruments allow us to achieve our targeted fixed-to-floating interest rate mix, as a separate decision from funding arrangements, in the bank and public debt markets. We measure hedge effectiveness by assessing the changes in the fair value or expected future cash flows of the hedged item. The ineffective portions are recorded in other (income) expense, net.

The fair value of derivatives designated and not designated as hedging instruments in the condensed consolidated balance sheet are as follows:



(in thousands)	September 30, 2012			June 30, 2012
Derivatives designated as hedging instruments
Other current assets - range forward contracts	$	114		$	554
Other current liabilities - range forward contracts	(762		)	(193		)
Other assets - range forward contracts	—			3
Total derivatives designated as hedging instruments	(648		)	364
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts	98			1,298
Other current liabilities - currency forward contracts	(60		)	—
Total derivatives not designated as hedging instruments	38			1,298
Total derivatives	$	(610	)	$	1,662

Certain currency forward contracts that hedge significant cross-border intercompany loans are considered as other derivatives and therefore do not qualify for hedge accounting. These contracts are recorded at fair value in the condensed consolidated balance sheet, with the offset to other (income) expense, net. Losses related to derivatives not designated as hedging instruments have been recognized as follows:



	Three Months Ended September 30,
(in thousands)	2012		2011
Other (income) expense, net - currency forward contracts	$	1,209	$	49

FAIR VALUE HEDGES

Fixed-to-floating interest rate swap contracts, designated as fair value hedges, are entered into from time to time to hedge our exposure to fair value fluctuations on a portion of our fixed rate debt. We had no such contracts outstanding at September 30, 2012 and June 30, 2012, respectively.

In February 2009 we terminated interest rate swap contracts to convert $200.0 million of our fixed rate debt to floating rate debt. These contracts were originally set to mature in June 2012. This gain was amortized as a component of interest expense over the remaining term of the related debt using the effective interest rate method. The gain was fully amortized as of June 30, 2012. During the three months ended September 30, 2011, we recognized $1.5 million as a reduction in interest expense.

CASH FLOW HEDGES

Currency forward contracts and range forward contracts (a transaction where both a put option is purchased and a call option is sold) are designated as cash flow hedges and hedge anticipated cash flows from cross-border intercompany sales of products and services. Gains and losses realized on these contracts at maturity are recorded in accumulated other comprehensive loss, and are recognized as a component of other (income) expense, net when the underlying sale of products or services is recognized into earnings. The notional amount of the contracts translated into U.S. dollars at September 30, 2012 and June 30, 2012, was $91.8 million and $69.9 million, respectively. The time value component of the fair value of range forward contracts is excluded from the assessment of hedge effectiveness. Assuming the market rates remain constant with the rates at September 30, 2012, we expect to recognize into earnings in the next 12 months $0.6 million of losses on outstanding derivatives.

Floating-to-fixed interest rate swap contracts, designated as cash flow hedges, are entered into from time to time to hedge our exposure to interest rate changes on a portion of our floating rate debt. These interest rate swap contracts convert a portion of our floating rate debt to fixed rate debt. We record the fair value of these contracts as an asset or a liability, as applicable, in the balance sheet, with the offset to accumulated other comprehensive loss, net of tax.

In February 2012, we settled forward starting interest rate swap contracts to convert $150.0 million of our floating rate debt to fixed rate debt. Upon settlement, we made a cash payment of $22.4 million. The loss is being amortized as a component of interest expense over the term of the related debt using the effective interest rate method. During the three months ended September 30, 2012, $0.5 million was recognized as interest expense.

The following represents gains losses related to cash flow hedges:



	Three Months Ended September 30,
(in thousands)	2012			2011
Loss recognized in other comprehensive income (loss), net	$	(571	)	$	(10,677	)
(Gains) losses reclassified from accumulated other comprehensive loss into other (income) expense, net	$	(41	)	$	169

No portion of the gains or losses recognized in earnings was due to ineffectiveness and no amounts were excluded from our effectiveness testing for the three months ended September 30, 2012 and 2011.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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+ Details

Stock-Based Compensation

3 Months Ended

Sep. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK-BASED COMPENSATION

Stock Options

The assumptions used in our Black-Scholes valuation related to grants made during the three months ended September 30, 2012 and 2011 were as follows:



	2012		2011
Risk-free interest rate	0.6	%	1.2	%
Expected life (years) ⁽²⁾	4.5		4.5
Expected volatility ⁽³⁾	49.5	%	47.5	%
Expected dividend yield	1.3	%	1.5	%

(2) Expected life is derived from historical experience.

(3) Expected volatility is based on the implied historical volatility of our stock.

Changes in our stock options for the three months ended September 30, 2012 were as follows:



	Options		Weighted Average Exercise Price		Weighted Average Remaining Life (years)	Aggregate Intrinsic value (in thousands)
Options outstanding, June 30, 2012	2,891,563		$	28.46
Granted	371,056		36.76
Exercised	(78,527	)	22.01
Lapsed and forfeited	(31,584	)	32.07
Options outstanding, September 30, 2012	3,152,508		$	29.57	6.1	$	24,941
Options vested and expected to vest, September 30, 2012	3,088,516		$	29.49	6.0	$	24,702
Options exercisable, September 30, 2012	2,140,539		$	28.09	4.9	$	20,010

During the three months ended September 30, 2012 and 2011, compensation expense related to stock options was $2.8 million and $2.4 million, respectively. As of September 30, 2012, the total unrecognized compensation cost related to options outstanding was $5.4 million and is expected to be recognized over a weighted average period of 2.2 years.

Weighted average fair value of options granted during the three months ended September 30, 2012 and 2011 was $13.52 and $13.84, respectively. Fair value of options vested during the three months ended September 30, 2012 and 2011 was $4.5 million and $4.3 million, respectively.

Tax benefits, relating to excess stock-based compensation deductions, are presented in the condensed consolidated statements of cash flow as financing cash inflows. Tax benefits resulting from stock-based compensation deductions exceeded amounts reported for financial reporting purposes by $0.7 million and $1.3 million for the three months ended September 30, 2012 and 2011, respectively.

The amount of cash received from the exercise of capital stock options during the three months ended September 30, 2012 and 2011 was $1.7 million and $3.6 million, respectively. The related tax benefit for the three months ended September 30, 2012 and 2011 was $0.3 million and $0.5 million, respectively. The total intrinsic value of options exercised during the three months ended September 30, 2012 and 2011 was $1.1 million and $1.9 million, respectively.

Under the provisions of the Kennametal Inc. Stock and Incentive Plan of 2010, Plan participants may deliver stock, owned by the holder for at least six months, in payment of the option price and receive credit for the fair market value of the shares on the date of delivery. The fair market value of shares delivered during the three months ended September 30, 2012 and 2011 were immaterial.

Restricted Stock Awards

Changes in our restricted stock awards for the three months ended September 30, 2012 were as follows:



	Shares		Weighted Average Fair Value
Unvested restricted stock awards, June 30, 2012	24,030		$	28.83
Vested	(21,359	)	29.60
Forfeited	(190	)	29.60
Unvested restricted stock awards, September 30, 2012	2,481		$	22.16

During the three months ended September 30, 2012 and 2011, compensation expense related to restricted stock awards was $0.1 million and $0.3 million, respectively. As of September 30, 2012, the total unrecognized compensation cost related to unvested restricted stock awards was immaterial and is expected to be recognized over a weighted average period of 0.2 years.

Restricted Stock Units – Time Vesting and Performance Vesting

Performance vesting restricted stock units are earned pro rata each year if certain performance goals are met over a three-year period, and are also subject to a service condition that requires the individual to be employed by the Company at the payment date after the three-year performance period, with the exception of retirement eligible grantees, who upon retirement are entitled to receive payment for any units that have been earned, including a prorated portion in the partially completed fiscal year in which the retirement occurs.

Changes in our time vesting and performance vesting restricted stock units for the three months ended September 30, 2012 were as follows:



	Performance Vesting Stock Units	Performance Vesting Weighted Average Fair Value		Time Vesting Stock Units		Time Vesting Weighted Average Fair Value
Unvested performance vesting and time vesting restricted stock units, June 30, 2012	246,345	$	31.27	971,767		$	30.47
Granted	131,693	36.76		348,772		36.76
Vested	—	—		(218,554	)	30.26
Forfeited	—	—		(23,193	)	32.82
Unvested performance vesting and time vesting restricted stock units, September 30, 2012	378,038	$	32.18	1,078,792		$	32.49

During the three months ended September 30, 2012 and 2011, compensation expense related to time vesting and performance vesting restricted stock units was $7.1 million and $5.2 million, respectively. As of September 30, 2012, the total unrecognized compensation cost related to unvested time vesting and performance vesting restricted stock units was $24.1 million and is expected to be recognized over a weighted average period of 2.5 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Benefit Plans

3 Months Ended

Sep. 30, 2012

Compensation and Retirement Disclosure [Abstract]

BENEFIT PLANS

We sponsor several defined benefit pension plans. Additionally, we provide varying levels of postretirement health care and life insurance benefits to some U.S. employees.

The table below summarizes the components of net periodic pension cost:



	Three Months Ended September 30,
(in thousands)	2012			2011
Service cost	$	1,951		$	1,728
Interest cost	9,581			10,380
Expected return on plan assets	(14,078		)	(12,709		)
Amortization of transition obligation	18			16
Amortization of prior service credit	(49		)	(46		)
Settlement loss	—			256
Recognition of actuarial losses	3,747			2,063
Net periodic pension cost	$	1,170		$	1,688

The table below summarizes the components of the net periodic other postretirement benefit cost:



	Three Months Ended September 30,
(in thousands)	2012			2011
Service cost	$	18		$	19
Interest cost	234			257
Amortization of prior service cost	(28		)	(22		)
Recognition of actuarial gains	104			(14		)
Net periodic other postretirement benefit cost	$	328		$	240

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 158
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Inventories

3 Months Ended

Sep. 30, 2012

Inventory Disclosure [Abstract]

INVENTORIES

We used the last-in, first-out (LIFO) method of valuing inventories for approximately 49 percent of total inventories at both September 30, 2012 and June 30, 2012, respectively. Because inventory valuations under the LIFO method are based on an annual determination of quantities and costs as of June 30 of each year, the interim LIFO valuations are based on our projections of expected year-end inventory levels and costs. Therefore, the interim financial results are subject to any final year-end LIFO inventory adjustments.

Inventories consisted of the following:



(in thousands)	September 30, 2012			June 30, 2012
Finished goods	$	333,866		$	319,217
Work in process and powder blends	253,931			252,035
Raw materials	165,988			135,454
Inventories at current cost	753,785			706,706
Less: LIFO valuation	(129,520		)	(120,850		)
Total inventories	$	624,265		$	585,856

Long - Term Debt and Capital Leases	3 Months Ended
Long - Term Debt and Capital Leases	Sep. 30, 2012
Debt Disclosure [Abstract]
LONG-TERM DEBT AND CAPITAL LEASES	LONG-TERM DEBT AND CAPITAL LEASES The five-year, multi-currency, revolving credit facility (2011 Credit Agreement) requires us to comply with various restrictive and affirmative covenants, including two financial covenants: a maximum leverage ratio and a minimum consolidated interest coverage ratio (as those terms are defined in the agreement). We were in compliance with all covenants as of September 30, 2012. We had $236.9 million and $212.2 million of borrowings outstanding under the 2011 Credit Agreement as of September 30, 2012 and June 30, 2012, respectively. Borrowings under the 2011 Credit Agreement are guaranteed by our significant domestic subsidiaries. Fixed rate debt relates to the 3.875 percent Senior Unsecured Notes and had a fair market value of $315.0 million and $306.8 million at September 30, 2012 and June 30, 2012, respectively. The fair value is determined based on the quoted market price of this debt as of September 30, 2012 and June 30, 2012, respectively.

Environmental Matters	3 Months Ended
Environmental Matters	Sep. 30, 2012
Environmental Remediation Obligations [Abstract]
ENVIRONMENTAL MATTERS	ENVIRONMENTAL MATTERS The operation of our business has exposed us to certain liabilities and compliance costs related to environmental matters. We are involved in various environmental cleanup and remediation activities at certain of our locations. Superfund Sites We are involved as a potentially responsible party (PRP) at various sites designated by the United States Environmental Protection Agency (USEPA) as Superfund sites. For certain of these sites, we have evaluated the claims and potential liabilities and have determined that neither are material, individually or in the aggregate. For certain other sites, proceedings are in the very early stages and have not yet progressed to a point where it is possible to estimate the ultimate cost of remediation, the timing and extent of remedial action that may be required by governmental authorities or the amount of our liability alone or in relation to that of any other PRPs. Other Environmental Matters We establish and maintain reserves for other potential environmental issues. At September 30, 2012 and June 30, 2012, the total of accruals for these reserves was $5.2 million and $5.1 million, respectively. These totals represent anticipated costs associated with the remediation of these issues. We recorded unfavorable foreign currency translation adjustments of $0.1 million during the three months ended September 30, 2012. The reserves we have established for environmental liabilities represent our best current estimate of the costs of addressing all identified environmental situations, based on our review of currently available evidence, and taking into consideration our prior experience in remediation and that of other companies, as well as public information released by the USEPA, other governmental agencies, and by the PRP groups in which we are participating. Although the reserves currently appear to be sufficient to cover these environmental liabilities, there are uncertainties associated with environmental liabilities, and we can give no assurance that our estimate of any environmental liability will not increase or decrease in the future. The reserved and unreserved liabilities for all environmental concerns could change substantially due to factors such as the nature and extent of contamination, changes in remedial requirements, technological changes, discovery of new information, the financial strength of other PRPs, the identification of new PRPs and the involvement of and direction taken by the government on these matters. We maintain a Corporate Environmental Health and Safety (EHS) Department to monitor compliance with environmental regulations and to oversee remediation activities. In addition, we have designated EHS coordinators who are responsible for each of our global manufacturing facilities. Our financial management team periodically meets with members of the Corporate EHS Department and the Corporate Legal Department to review and evaluate the status of environmental projects and contingencies. On a quarterly basis, we review financial provisions and reserves for environmental contingencies and adjust these reserves when appropriate.

- Definition

The entire disclosure for environmental loss contingencies, such as presence of hazardous waste, relevant information from reports issued by regulators, and estimated costs to achieve compliance with regulatory requirements. This element may be used for all of an entity's disclosures about environmental loss contingencies.

+ References + Details

Income Taxes	3 Months Ended
Income Taxes	Sep. 30, 2012
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The effective income tax rate for the three months ended September 30, 2012 and 2011 was 20.7 percent and 23.0 percent, respectively. The current year rate reflects a benefit of $4.2 million from the effective settlement of an income tax audit in Europe, partially offset by the impact of stronger earnings in the U.S. and the reduction in the tax rate in the United Kingdom.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

+ Details

Earnings Per Share	3 Months Ended
Earnings Per Share	Sep. 30, 2012
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per share is computed using the weighted average number of shares outstanding during the period, while diluted earnings per share is calculated to reflect the potential dilution that occurs related to the issuance of capital stock under stock option grants, restricted stock awards and restricted stock units. The difference between basic and diluted earnings per share relates solely to the effect of capital stock options, restricted stock awards and restricted stock units. For purposes of determining the number of diluted shares outstanding, weighted average shares outstanding for basic earnings per share calculations were increased due solely to the dilutive effect of unexercised capital stock options, unvested restricted stock awards and unvested restricted stock units by 1.2 million shares and 1.1 million shares for the three months ended September 30, 2012 and 2011, respectively. Unexercised capital stock options, restricted stock units and restricted stock awards for the three months ended September 30, 2012 and 2011 of 1.1 million shares and 0.8 million shares, respectively, were not included in the computation of diluted earnings per share because the option exercise price was greater than the average market price, and therefore the inclusion would have been anti-dilutive.

Equity

3 Months Ended

Sep. 30, 2012

Equity [Abstract]

EQUITY

A summary of the changes in the carrying amounts of total equity, Kennametal shareowners’ equity and equity attributable to noncontrolling interests as of September 30, 2012 and 2011 is as follows:



	Kennametal Shareowners’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of June 30, 2012	$	100,106		$	447,433		$	1,246,973		$	(150,662	)	$	24,371		$	1,668,221
Net income	—			—			46,390			—			657			47,047
Other comprehensive income	—			—			—			25,260			630			25,890
Dividend reinvestment	2			68			—			—			—			70
Capital stock issued under employee benefit and stock plans	297			10,444			—			—			—			10,741
Purchase of capital stock	(885		)	(25,149		)	—			—			—			(26,034		)
Cash dividends paid	—			—			(12,924		)	—			—			(12,924		)
Purchase of noncontrolling interests	—			—			—			—			(479		)	(479		)
Total equity, September 30, 2012	$	99,520		$	432,796		$	1,280,439		$	(125,402	)	$	25,179		$	1,712,532



	Kennametal Shareowners’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive income			Non- controlling interests			Total equity
Balance as of June 30, 2011	$	101,411		$	470,758		$	983,374		$	82,529		$	20,569		$	1,658,641
Net income	—			—			71,986			—			1,587			73,573
Other comprehensive loss	—			—			—			(76,477		)	(1,701		)	(78,178		)
Dividend reinvestment	3			64			—			—			—			67
Capital stock issued under employee benefit and stock plans	326			10,815			—			—			—			11,141
Purchase of capital stock	(2,503		)	(64,147		)	—			—			—			(66,650		)
Cash dividends paid	—			—			(9,849		)	—			—			(9,849		)
Total equity, September 30, 2011	$	99,237		$	417,490		$	1,045,511		$	6,052		$	20,455		$	1,588,745

The amounts of comprehensive income attributable to Kennametal shareowners and noncontrolling interests are disclosed in the Condensed Consolidated Statements of Comprehensive Income (Loss).

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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Reference 17: http://www.xbrl.org/2003/role/presentationRef
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-Number 210
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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Reference 20: http://www.xbrl.org/2003/role/presentationRef
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Reference 21: http://www.xbrl.org/2003/role/presentationRef
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Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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-Article 3

+ Details

Goodwill and Other Intangible Assets

3 Months Ended

Sep. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill represents the excess of cost over the fair value of the net assets of acquired companies. Goodwill and other intangible assets with indefinite lives are tested at least annually for impairment. We perform our annual impairment tests during the June quarter in connection with our annual planning process, unless there are impairment indicators that warrant a test prior to that. We noted no impairment indicators warranting additional testing.

A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such, is as follows:



(in thousands)	Industrial			Infrastructure			Total
Goodwill	$	394,883		$	475,309		$	870,192
Accumulated impairment losses	(150,842		)	—			(150,842		)
Balance as of June 30, 2012	$	244,041		$	475,309		$	719,350
Translation	2,942			(877		)	2,065
Change in goodwill	2,942			(877		)	2,065
Goodwill	397,825			474,432			872,257
Accumulated impairment losses	(150,842		)	—			(150,842		)
Balance as of September 30, 2012	$	246,983		$	474,432		$	721,415

The components of our other intangible assets were as follows:



	Estimated Useful Life (in years)	September 30, 2012					June 30, 2012
(in thousands)	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Contract-based	4 to 15	$	21,461	$	(6,922	)	$	21,450	$	(6,423	)
Technology-based and other	4 to 17	37,950		(24,983		)	37,594		(24,384		)
Customer-related	10 to 20	178,377		(47,978		)	178,500		(44,354		)
Unpatented technology	15 to 30	45,911		(7,682		)	46,035		(6,943		)
Trademarks	5 to 20	14,047		(8,163		)	13,977		(7,782		)
Trademarks	Indefinite	36,204		—			35,817		—
Total		$	333,950	$	(95,728	)	$	333,373	$	(89,886	)

During the three months ended September 30, 2012, we recorded amortization expense of $5.1 million related to our other intangible assets and unfavorable foreign currency translation adjustments of $0.2 million.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Segment Data

3 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

SEGMENT DATA


	SEGMENT DATA

Kennametal delivers productivity to customers seeking peak performance in demanding environments by providing innovative custom and standard wear-resistant solutions. To provide these solutions, we harness our knowledge of advanced materials and application development with a commitment to a environmental sustainability. Our product offering includes a wide selection of standard and customized technologies for metalworking, such as sophisticated metalcutting tools, tooling systems and services, as well as advanced, high-performance materials, such as cemented tungsten carbide products, super alloys, coatings and investment castings to address customer demands. We offer these products through a variety of channels to meet customer-specified needs.

The Industrial segment serves customers that operate in industrial end markets such as aerospace and defense, transportation and general engineering. The customers in these end markets manufacture engines, airframes, automobiles, trucks, ships and various types of industrial equipment. The technology and customization requirements for customers we serve vary by customer, application and industry. The value we deliver to our Industrial segment customers centers on application expertise and our diverse offering of products and services.

The Infrastructure segment, which includes Stellite, serves customers that operate in the earthworks and energy sectors who support primary industries such as oil and gas, power generation, underground, surface and hard-rock mining, highway construction and road maintenance. Generally, we rely on customer intimacy to serve this segment. By gaining an in-depth understanding of our customers’ engineering and development needs, we are able to offer complete system solutions and high-performance capabilities to optimize and add value to their operations.

Corporate expenses related to executive retirement plans, the Company’s Board of Directors and strategic initiatives, as well as certain other costs, are reported as Corporate.

Our external sales and operating income by segment are as follows:



	Three Months Ended September 30,
(in thousands)	2012			2011
External sales:
Industrial	$	353,177		$	417,819
Infrastructure	276,282			241,058
Total external sales	$	629,459		$	658,877
Operating income:
Industrial	$	35,189		$	72,685
Infrastructure	31,735			32,554
Corporate	(2,543		)	(3,629		)
Total operating income	$	64,381		$	101,610
Interest expense	$	5,956		$	5,487
Other (income) expense, net	(902		)	574
Income from continuing operations before income taxes	$	59,327		$	95,549

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Subsequent Events	3 Months Ended
Subsequent Events	Sep. 30, 2012
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS On November 2, 2012, we issued $400.0 million of 2.650 percent Senior Unsecured Notes due in 2019. Interest will be paid semi-annually on May 1 and November 1 of each year. We intend to use the net proceeds from this notes offering to repay outstanding indebtedness under our credit facility and for general corporate purposes.

Supplemental Cash Flow Disclosures (Tables)

3 Months Ended

Sep. 30, 2012

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Disclosures



	Three Months Ended September 30,
(in thousands)	2012		2011
Cash paid during the period for:
Interest	$	8,496	$	1,072
Income taxes	21,247		11,213

Acquisition (Tables)

3 Months Ended

Sep. 30, 2012

Business Combinations [Abstract]

Pro forma operating results



Three months ended September 30 (in thousands)	2011
Pro forma (unaudited):
Net Sales	$	721,459
Net income attributable to Kennametal	$	72,503
Per share data attributable to Kennametal :
Basic earnings per share	$	0.90
Diluted earnings per share	$	0.89

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References + Details

Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2012

Fair Value Disclosures [Abstract]

Financial instruments at fair value on recurring basis

As of September 30, 2012, the fair values of the Company’s financial assets and financial liabilities measured at fair value on a recurring basis are categorized as follows:



(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives ⁽¹⁾	$	—	$	212	$	—	$	212
Total assets at fair value	$	—	$	212	$	—	$	212

Liabilities:
Derivatives⁽¹⁾	$	—	$	822	$	—	$	822
Total liabilities at fair value	$	—	$	822	$	—	$	822

As of June 30, 2012, the fair value of the Company’s financial assets and financial liabilities measured at fair value on a recurring basis are categorized as follows:



(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives ⁽¹⁾	$	—	$	1,855	$	—	$	1,855
Total assets at fair value	$	—	$	1,855	$	—	$	1,855

Liabilities:
Derivatives ⁽¹⁾	$	—	$	193	$	—	$	193
Total liabilities at fair value	$	—	$	193	$	—	$	193

⁽¹⁾ Foreign currency derivative and interest rate swap contracts are valued based on observable market spot and forward rates and are classified within Level 2 of the fair value hierarchy.

Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivatives

The fair value of derivatives designated and not designated as hedging instruments in the condensed consolidated balance sheet are as follows:



(in thousands)	September 30, 2012			June 30, 2012
Derivatives designated as hedging instruments
Other current assets - range forward contracts	$	114		$	554
Other current liabilities - range forward contracts	(762		)	(193		)
Other assets - range forward contracts	—			3
Total derivatives designated as hedging instruments	(648		)	364
Derivatives not designated as hedging instruments
Other current assets - currency forward contracts	98			1,298
Other current liabilities - currency forward contracts	(60		)	—
Total derivatives not designated as hedging instruments	38			1,298
Total derivatives	$	(610	)	$	1,662

Gains (losses) related to derivatives not designated as hedging instruments

osses related to derivatives not designated as hedging instruments have been recognized as follows:



	Three Months Ended September 30,
(in thousands)	2012		2011
Other (income) expense, net - currency forward contracts	$	1,209	$	49

Gains (losses) related to cash flow hedges

The following represents gains losses related to cash flow hedges:



	Three Months Ended September 30,
(in thousands)	2012			2011
Loss recognized in other comprehensive income (loss), net	$	(571	)	$	(10,677	)
(Gains) losses reclassified from accumulated other comprehensive loss into other (income) expense, net	$	(41	)	$	169

Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Assumptions used in our Black-Scholes valuation

The assumptions used in our Black-Scholes valuation related to grants made during the three months ended September 30, 2012 and 2011 were as follows:



	2012		2011
Risk-free interest rate	0.6	%	1.2	%
Expected life (years) ⁽²⁾	4.5		4.5
Expected volatility ⁽³⁾	49.5	%	47.5	%
Expected dividend yield	1.3	%	1.5	%

(2) Expected life is derived from historical experience.

(3) Expected volatility is based on the implied historical volatility of our stock.

Changes in stock options

Changes in our stock options for the three months ended September 30, 2012 were as follows:



	Options		Weighted Average Exercise Price		Weighted Average Remaining Life (years)	Aggregate Intrinsic value (in thousands)
Options outstanding, June 30, 2012	2,891,563		$	28.46
Granted	371,056		36.76
Exercised	(78,527	)	22.01
Lapsed and forfeited	(31,584	)	32.07
Options outstanding, September 30, 2012	3,152,508		$	29.57	6.1	$	24,941
Options vested and expected to vest, September 30, 2012	3,088,516		$	29.49	6.0	$	24,702
Options exercisable, September 30, 2012	2,140,539		$	28.09	4.9	$	20,010

Restricted Stock Awards

Changes in our restricted stock awards for the three months ended September 30, 2012 were as follows:



	Shares		Weighted Average Fair Value
Unvested restricted stock awards, June 30, 2012	24,030		$	28.83
Vested	(21,359	)	29.60
Forfeited	(190	)	29.60
Unvested restricted stock awards, September 30, 2012	2,481		$	22.16

Changes in time vesting and performance vesting restricted stock units

Changes in our time vesting and performance vesting restricted stock units for the three months ended September 30, 2012 were as follows:



	Performance Vesting Stock Units	Performance Vesting Weighted Average Fair Value		Time Vesting Stock Units		Time Vesting Weighted Average Fair Value
Unvested performance vesting and time vesting restricted stock units, June 30, 2012	246,345	$	31.27	971,767		$	30.47
Granted	131,693	36.76		348,772		36.76
Vested	—	—		(218,554	)	30.26
Forfeited	—	—		(23,193	)	32.82
Unvested performance vesting and time vesting restricted stock units, September 30, 2012	378,038	$	32.18	1,078,792		$	32.49

Benefit Plans (Tables)

3 Months Ended

Sep. 30, 2012

Compensation and Retirement Disclosure [Abstract]

Net periodic pension cost

The table below summarizes the components of net periodic pension cost:



	Three Months Ended September 30,
(in thousands)	2012			2011
Service cost	$	1,951		$	1,728
Interest cost	9,581			10,380
Expected return on plan assets	(14,078		)	(12,709		)
Amortization of transition obligation	18			16
Amortization of prior service credit	(49		)	(46		)
Settlement loss	—			256
Recognition of actuarial losses	3,747			2,063
Net periodic pension cost	$	1,170		$	1,688

Net periodic other postretirement costs (benefit)

The table below summarizes the components of the net periodic other postretirement benefit cost:



	Three Months Ended September 30,
(in thousands)	2012			2011
Service cost	$	18		$	19
Interest cost	234			257
Amortization of prior service cost	(28		)	(22		)
Recognition of actuarial gains	104			(14		)
Net periodic other postretirement benefit cost	$	328		$	240

Inventories (Tables)

3 Months Ended

Sep. 30, 2012

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:



(in thousands)	September 30, 2012			June 30, 2012
Finished goods	$	333,866		$	319,217
Work in process and powder blends	253,931			252,035
Raw materials	165,988			135,454
Inventories at current cost	753,785			706,706
Less: LIFO valuation	(129,520		)	(120,850		)
Total inventories	$	624,265		$	585,856

Equity (Tables)

3 Months Ended

Sep. 30, 2012

Equity [Abstract]

Summary of the changes in the carrying amounts of total equity, Kennametal shareowners' equity and equity attributable to noncontrolling interests

A summary of the changes in the carrying amounts of total equity, Kennametal shareowners’ equity and equity attributable to noncontrolling interests as of September 30, 2012 and 2011 is as follows:



	Kennametal Shareowners’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of June 30, 2012	$	100,106		$	447,433		$	1,246,973		$	(150,662	)	$	24,371		$	1,668,221
Net income	—			—			46,390			—			657			47,047
Other comprehensive income	—			—			—			25,260			630			25,890
Dividend reinvestment	2			68			—			—			—			70
Capital stock issued under employee benefit and stock plans	297			10,444			—			—			—			10,741
Purchase of capital stock	(885		)	(25,149		)	—			—			—			(26,034		)
Cash dividends paid	—			—			(12,924		)	—			—			(12,924		)
Purchase of noncontrolling interests	—			—			—			—			(479		)	(479		)
Total equity, September 30, 2012	$	99,520		$	432,796		$	1,280,439		$	(125,402	)	$	25,179		$	1,712,532



	Kennametal Shareowners’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive income			Non- controlling interests			Total equity
Balance as of June 30, 2011	$	101,411		$	470,758		$	983,374		$	82,529		$	20,569		$	1,658,641
Net income	—			—			71,986			—			1,587			73,573
Other comprehensive loss	—			—			—			(76,477		)	(1,701		)	(78,178		)
Dividend reinvestment	3			64			—			—			—			67
Capital stock issued under employee benefit and stock plans	326			10,815			—			—			—			11,141
Purchase of capital stock	(2,503		)	(64,147		)	—			—			—			(66,650		)
Cash dividends paid	—			—			(9,849		)	—			—			(9,849		)
Total equity, September 30, 2011	$	99,237		$	417,490		$	1,045,511		$	6,052		$	20,455		$	1,588,745

Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Sep. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

The carrying amount of goodwill

A summary of the carrying amount of goodwill attributable to each segment, as well as the changes in such, is as follows:



(in thousands)	Industrial			Infrastructure			Total
Goodwill	$	394,883		$	475,309		$	870,192
Accumulated impairment losses	(150,842		)	—			(150,842		)
Balance as of June 30, 2012	$	244,041		$	475,309		$	719,350
Translation	2,942			(877		)	2,065
Change in goodwill	2,942			(877		)	2,065
Goodwill	397,825			474,432			872,257
Accumulated impairment losses	(150,842		)	—			(150,842		)
Balance as of September 30, 2012	$	246,983		$	474,432		$	721,415

The components of intangible assets

The components of our other intangible assets were as follows:



	Estimated Useful Life (in years)	September 30, 2012					June 30, 2012
(in thousands)	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Contract-based	4 to 15	$	21,461	$	(6,922	)	$	21,450	$	(6,423	)
Technology-based and other	4 to 17	37,950		(24,983		)	37,594		(24,384		)
Customer-related	10 to 20	178,377		(47,978		)	178,500		(44,354		)
Unpatented technology	15 to 30	45,911		(7,682		)	46,035		(6,943		)
Trademarks	5 to 20	14,047		(8,163		)	13,977		(7,782		)
Trademarks	Indefinite	36,204		—			35,817		—
Total		$	333,950	$	(95,728	)	$	333,373	$	(89,886	)

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Segment Data (Tables)

3 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Segment Data

Our external sales and operating income by segment are as follows:



	Three Months Ended September 30,
(in thousands)	2012			2011
External sales:
Industrial	$	353,177		$	417,819
Infrastructure	276,282			241,058
Total external sales	$	629,459		$	658,877
Operating income:
Industrial	$	35,189		$	72,685
Infrastructure	31,735			32,554
Corporate	(2,543		)	(3,629		)
Total operating income	$	64,381		$	101,610
Interest expense	$	5,956		$	5,487
Other (income) expense, net	(902		)	574
Income from continuing operations before income taxes	$	59,327		$	95,549

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Supplemental Cash Flow Disclosures (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash paid during the period for:
Interest	$ 8,496	$ 1,072
Income taxes	$ 21,247	$ 11,213

Acquisition (Details 1) $ / shares in Units, $ in Thousands	3 Months Ended
Acquisition (Details 1) $ / shares in Units, $ in Thousands	Sep. 30, 2011 USD ($) $ / shares
Pro forma (unaudited):
Net Sales \| $	$ 721,459
Net income attributable to Kennametal \| $	$ 72,503
Per share data attributable to Kennametal :
Basic earnings per share \| $ / shares	$ 0.90
Diluted earnings per share \| $ / shares	$ 0.89

- Definition

The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References + Details

- Definition

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References + Details

Acquisition (Details Textual) - Stellite [Member] - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Mar. 01, 2012
Acquisitions (Textual) [Abstract]
Purchase price for acquiring Deloro Stellite			$ 382.6
Net sales	$ 59.5
Net income	$ 0.4
Acquisition And Integration Related Expenses		$ 1.5

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives Assets	$ 212	$ 1,855
Total assets at fair value	212	1,855
Derivatives Liabilities	822	193
Total liabilities at fair value	822	193
Fair Value, Measurements, Recurring [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives Assets	212	1,855
Total assets at fair value	212	1,855
Derivatives Liabilities	822	193
Total liabilities at fair value	$ 822	$ 193

- Definition

Fair values as of the balance sheet date of all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments, net of the effects of master netting arrangements.

+ References + Details

Derivative Instruments and Hedging Activities (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Fair value of derivatives
Total derivatives designated as hedging instruments	$ (648)	$ 364
Total derivatives not designated as hedging instruments	38	1,298
Total derivatives	(610)	1,662
Range Forward Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Current Assets [Member]
Fair value of derivatives
Derivative assets designated as hedging instruments	114	554
Range Forward Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Current Liabilities [Member]
Fair value of derivatives
Derivative liabilities designated as hedging instruments	(762)	(193)
Range Forward Contracts [Member] \| Designated as Hedging Instrument [Member] \| Other Assets [Member]
Fair value of derivatives
Derivative assets designated as hedging instruments	0	3
Currency Forward Contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Current Assets [Member]
Fair value of derivatives
Derivative assets designated as hedging instruments	98	1,298
Currency Forward Contracts [Member] \| Not Designated as Hedging Instrument [Member] \| Other Current Liabilities [Member]
Fair value of derivatives
Derivative liabilities designated as hedging instruments	$ (60)	$ 0

Derivative Instruments and Hedging Activities (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Currency Forward Contracts [Member] \| Other Expense Income Net [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Net
Other (income) expense, net - currency forward contracts	$ 1,209	$ 49
Range Forward Contracts [Member] \| Cash flow hedging [Member]
(Gains) losses related to cash flow hedges
Loss recognized in other comprehensive income (loss), net	(571)	(10,677)
(Gains) losses reclassified from accumulated other comprehensive loss into other (income) expense, net	$ (41)	$ 169

Derivative Instruments and Hedging Activities (Details Textual) - USD ($) $ in Millions	1 Months Ended		3 Months Ended
	Feb. 28, 2012	Feb. 27, 2009	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2012	Feb. 14, 2012
Derivative Instruments and Hedging Activities (Textual) [Abstract]
Terminated Interest Rate Swap Contracts		$ 200.0
Recognize loss on outstanding derivatives in the next 12 months			$ 0.6
Gains or losses recognized in earnings due to ineffectiveness and excluded from effectiveness testing			0.0	$ 0.0
Derivative, Gain (Loss) on Derivative, Net [Abstract]
Payments for derivative hedging instrument upon settlement	$ 22.4
Forward Starting Interest Rate Swap Contracts [Member]
Additional Derivative Instruments and Hedging Activities (Textual) [Abstract]
Notional amount of the contracts translated into U.S. dollars						$ 150.0
Contracts translated to US dollars [Member]
Additional Derivative Instruments and Hedging Activities (Textual) [Abstract]
Notional amount of the contracts translated into U.S. dollars			$ 91.8		$ 69.9

Derivative Instruments and Hedging Activities (Details Textual 1) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Interest Rate Swap Contracts [Member] \| Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reduction in interest expense		$ 1.5
Forward Starting Interest Rate Swap Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Interest expense	$ 0.5

- Definition

The amount of loss recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments.

+ References + Details

Stock-Based Compensation (Details) - Stock Option [Member]

3 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Assumptions used in valuation of stock options

Risk-free interest rate

0.60%

1.20%

Expected life (years)

^[1]

4 years 6 months

Expected volatility

^[2]

49.50%

47.50%

Expected dividend yield

1.30%

1.50%

[1]	Expected life is derived from historical experience.
[2]	Expected volatility is based on the implied historical volatility of our stock.

Stock-Based Compensation (Details 1) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2012 USD ($) yr $ / shares shares
Changes in stock options
Options outstanding, June 30, 2012 \| shares	2,891,563
Options, Granted \| shares	371,056
Options, Exercised \| shares	(78,527)
Options, Lapsed and Forfeited \| shares	(31,584)
Options outstanding, September 30, 2012 \| shares	3,152,508
Options vested and expected to vest, September 30, 2012 \| shares	3,088,516
Options exercisable, September 30, 2012 \| shares	2,140,539
Weighted Average Exercise Price, Options outstanding, June 30, 2012 \| $ / shares	$ 28.46
Weighted Average Exercise Price, Granted \| $ / shares	36.76
Weighted Average Exercise Price, Exercised \| $ / shares	22.01
Weighted Average Exercise Price, Lapsed and Forfeited \| $ / shares	32.07
Weighted Average Exercise Price, Options outstanding, September 30, 2012 \| $ / shares	29.57
Weighted Average Exercise Price, Option vested and expected to vest, September 30, 2012 \| $ / shares	29.49
Weighted Average Exercise Price, Options exercisable, September 30, 2012 \| $ / shares	$ 28.09
Weighted Average Remaining Life, Options outstanding, September 30, 2012	6 years 26 days
Weighted Average Remaining Life, Options vested and expected to vest, September 30, 2012 \| yr	6.0
Weighted Average Remaining Life, Options exercisable, September 30, 2012 \| yr	4.9
Aggregate Intrinsic value, Options outstanding, September 30, 2012 \| $	$ 24,941
Aggregate Intrinsic Value, Options vested and expected to vest, September 30, 2012 \| $	24,702
Aggregate Intrinsic Value, Options exercisable, September 30, 2012 \| $	$ 20,010

Stock-Based Compensation (Details 2)	3 Months Ended
Stock-Based Compensation (Details 2)	Sep. 30, 2012 $ / shares shares
Restricted Stock Award [Member]
Changes in restricted stock awards
Unvested restricted stock awards, June 30, 2012, Shares \| shares	24,030
Vested, Shares \| shares	(21,359)
Forfeited, Shares \| shares	(190)
Unvested restricted stock awards, September 30, 2012 \| shares	2,481
Weighted Average Fair Value, Unvested restricted stock awards, June 30, 2012 \| $ / shares	$ 28.83
Weighted Average Fair Value, Vested \| $ / shares	29.60
Weighted Average Fair Value, Forfeited \| $ / shares	29.60
Weighted Average Fair Value, Unvested restricted stock awards, September 30, 2012 \| $ / shares	$ 22.16
Restricted Stock Units - Performance Vesting [Member]
Changes in restricted stock awards
Unvested restricted stock awards, June 30, 2012, Shares \| shares	246,345
Granted, Shares \| shares	131,693
Vested, Shares \| shares	0
Forfeited, Shares \| shares	0
Unvested restricted stock awards, September 30, 2012 \| shares	378,038
Weighted Average Fair Value, Unvested restricted stock awards, June 30, 2012 \| $ / shares	$ 31.27
Weighted Average Fair Value, Granted \| $ / shares	36.76
Weighted Average Fair Value, Vested \| $ / shares	0.00
Weighted Average Fair Value, Forfeited \| $ / shares	0.00
Weighted Average Fair Value, Unvested restricted stock awards, September 30, 2012 \| $ / shares	$ 32.18
Restricted Stock Units - Time Vesting [Member]
Changes in restricted stock awards
Unvested restricted stock awards, June 30, 2012, Shares \| shares	971,767
Granted, Shares \| shares	348,772
Vested, Shares \| shares	(218,554)
Forfeited, Shares \| shares	(23,193)
Unvested restricted stock awards, September 30, 2012 \| shares	1,078,792
Weighted Average Fair Value, Unvested restricted stock awards, June 30, 2012 \| $ / shares	$ 30.47
Weighted Average Fair Value, Granted \| $ / shares	36.76
Weighted Average Fair Value, Vested \| $ / shares	30.26
Weighted Average Fair Value, Forfeited \| $ / shares	32.82
Weighted Average Fair Value, Unvested restricted stock awards, September 30, 2012 \| $ / shares	$ 32.49

Stock-Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Stock-Based Compensation (Additional Textual) [Abstract]
Maximum period of achievement of performance goals to earn performance units	3 years
Minimum performance period of individual required to earn performance units	3 years
Stock Option [Member]
Stock-Based Compensation (Textual) [Abstract]
Compensation expense related to stock option	$ 2.8	$ 2.4
Unrecognized compensation cost	$ 5.4
Unrecognized compensation costs, weighted average period	2 years 2 months 12 days
Weighted average fair value of options granted	$ 13.52	$ 13.84
Fair value of options vested	$ 4.5	$ 4.3
Tax benefits resulting from stock-based compensation deductions in excess of amounts reported for financial reporting purposes	0.7	1.3
Cash received from the exercise of capital stock option	1.7	3.6
Tax benefit from the exercise of capital stock option	0.3	0.5
Total Intrinsic value of options exercised	1.1	1.9
Restricted Stock Award [Member]
Stock-Based Compensation (Textual) [Abstract]
Compensation expense related to stock option	$ 0.1	0.3
Unrecognized compensation costs, weighted average period	2 months 12 days
Restricted Stock Units - Time Vesting Performance Vesting [Member]
Stock-Based Compensation (Textual) [Abstract]
Compensation expense related to stock option	$ 7.1	$ 5.2
Unrecognized compensation cost	$ 24.1
Unrecognized compensation costs, weighted average period	2 years 6 months

Benefit Plans (Details) - Pension plans contribution [Member] - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Net periodic pension cost
Service cost	$ 1,951	$ 1,728
Interest cost	9,581	10,380
Expected return on plan assets	(14,078)	(12,709)
Amortization of transition obligation	18	16
Amortization of prior service credit	(49)	(46)
Settlement Loss	0	256
Recognition of actuarial losses	3,747	2,063
Net periodic pension cost	$ 1,170	$ 1,688

Benefit Plans (Details 1) - Other postretirement benefit plans [Member] - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Net periodic other postretirement benefit costs
Service cost	$ 18	$ 19
Interest cost	234	257
Amortization of prior service credit	(28)	(22)
Recognition of actuarial gains/losses	104	(14)
Net periodic pension cost	$ 328	$ 240

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Jun. 30, 2012
Inventories
Finished goods	$ 333,866	$ 319,217
Work in process and powder blends	253,931	252,035
Raw materials	165,988	135,454
Inventories at current cost	753,785	706,706
Less: LIFO valuation	(129,520)	(120,850)
Total inventories	$ 624,265	$ 585,856
Inventories (Textual) [Abstract]
Percentage of inventories valued by using LIFO method	49.00%	49.00%

Long -Term Debt and Capital Leases (Details Textual) - USD ($) $ in Millions	Sep. 30, 2012	Jun. 30, 2012
Long-Term Debt and Capital Leases (Additional Textual) [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	3.875%
Fixed rate at fair market value	$ 315.0	$ 306.8
2011 Credit Agreement [Member]
Long-Term Debt and Capital Leases (Textual) [Abstract]
Borrowing outstanding under 2011 Credit Agreement	$ 236.9	$ 212.2

Environmental Matters (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Environmental Matters (Textual) [Abstract]
Reserves for environmental costs	$ 5.2	$ 5.1
Foreign currency translation adjustments	$ 0.1

Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Millions	Sep. 30, 2012	Sep. 30, 2011
Income Tax Disclosure [Abstract]
Tax Adjustments, Settlements, and Unusual Provisions	$ (4.2)
Income Tax (Textual) [Abstract]
Effective tax rate	20.70%	23.00%

Earnings Per Shares (Details) - shares shares in Millions	3 Months Ended
Earnings Per Shares (Details) - shares shares in Millions	Sep. 30, 2012	Sep. 30, 2011
Earnings Per Share (Textual) [Abstract]
Increase in weighted average shares due to dilutive effect of unexercised capital stock options, unvested restricted stock awards and unvested restricted stock units	1.2	1.1
Unexercised capital stock options, restricted stock units and restricted stock awards excluded from computation of diluted EPS	1.1	0.8

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Equity (Details) - USD ($) $ in Thousands	3 Months Ended
Equity (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Sep. 30, 2011
Beginning Balance	$ 1,668,221	$ 1,658,641
Net income	47,047	73,573
Other comprehensive income (loss)	25,890	(78,178)
Dividend reinvestment	70	67
Capital stock issued under employee benefit and stock plans	10,741	11,141
Purchase of capital stock	(26,034)	(66,650)
Cash dividends paid	(12,924)	(9,849)
Purchase of noncontrolling interests	(479)
Ending Balance	1,712,532	1,588,745
Capital stock [Member]
Beginning Balance	100,106	101,411
Dividend reinvestment	2	3
Capital stock issued under employee benefit and stock plans	297	326
Purchase of capital stock	(885)	(2,503)
Ending Balance	99,520	99,237
Additional paid-in capital [Member]
Beginning Balance	447,433	470,758
Dividend reinvestment	68	64
Capital stock issued under employee benefit and stock plans	10,444	10,815
Purchase of capital stock	(25,149)	(64,147)
Ending Balance	432,796	417,490
Retained earnings [Member]
Beginning Balance	1,246,973	983,374
Net income	46,390	71,986
Cash dividends paid	(12,924)	(9,849)
Ending Balance	1,280,439	1,045,511
Accumulated other comprehensive income (loss) [Member]
Beginning Balance	(150,662)	82,529
Other comprehensive income (loss)	25,260	(76,477)
Ending Balance	(125,402)	6,052
Non-controlling interest [Member]
Beginning Balance	24,371	20,569
Net income	657	1,587
Other comprehensive income (loss)	630	(1,701)
Cash dividends paid	0	0
Purchase of noncontrolling interests	(479)
Ending Balance	$ 25,179	$ 20,455

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Goodwill [Roll Forward]
Goodwill	$ 872,257	$ 870,192
Accumulated impairment losses	(150,842)	(150,842)
Goodwill, Beginning Balance	719,350
Translation	2,065
Change in goodwill	2,065
Goodwill, Ending Balance	721,415
Industrial [Member]
Goodwill [Roll Forward]
Goodwill	397,825	394,883
Accumulated impairment losses	(150,842)	(150,842)
Goodwill, Beginning Balance	244,041
Translation	2,942
Change in goodwill	2,942
Goodwill, Ending Balance	246,983
Infrastructure [Member]
Goodwill [Roll Forward]
Goodwill	474,432	$ 475,309
Goodwill, Beginning Balance	475,309
Translation	(877)
Change in goodwill	(877)
Goodwill, Ending Balance	$ 474,432

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase (decrease) in the recorded value of goodwill for foreign currency translation adjustments and purchase accounting adjustments needed to revise the carrying amount of goodwill to fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Goodwill and Other Intangible Assets (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
The components of intangible assets
Accumulated amortization	$ (95,728)	$ (89,886)
Gross carrying amount, total	333,950	333,373
Trademarks [Member]
The components of intangible assets
Gross carrying amount, Indefinite	36,204	35,817
Contract-based [Member]
The components of intangible assets
Gross carrying amount, finite	21,461	21,450
Accumulated amortization	(6,922)	(6,423)
Technology-based and other [Member]
The components of intangible assets
Gross carrying amount, finite	37,950	37,594
Accumulated amortization	(24,983)	(24,384)
Customer-related [Member]
The components of intangible assets
Gross carrying amount, finite	178,377	178,500
Accumulated amortization	(47,978)	(44,354)
Unpatented technology [Member]
The components of intangible assets
Gross carrying amount, finite	45,911	46,035
Accumulated amortization	(7,682)	(6,943)
Trademarks [Member]
The components of intangible assets
Gross carrying amount, finite	14,047	13,977
Accumulated amortization	$ (8,163)	$ (7,782)
Minimum [Member] \| Contract-based [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	4 years
Minimum [Member] \| Technology-based and other [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	4 years
Minimum [Member] \| Customer-related [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	10 years
Minimum [Member] \| Unpatented technology [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	15 years
Minimum [Member] \| Trademarks [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	5 years
Maximum [Member] \| Contract-based [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	15 years
Maximum [Member] \| Technology-based and other [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	17 years
Maximum [Member] \| Customer-related [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	20 years
Maximum [Member] \| Unpatented technology [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	30 years
Maximum [Member] \| Trademarks [Member]
The components of intangible assets
Useful life related to technology-based intangible assets	20 years

Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Goodwill and Other Intangible Assets (Additional Textual) [Abstract]
Amortization expense for intangible assets	$ 5,107	$ 3,461
Unfavorable foreign currency translation adjustment	$ 200

Segment Data (Details) - USD ($) $ in Thousands	3 Months Ended
Segment Data (Details) - USD ($) $ in Thousands	Sep. 30, 2012	Sep. 30, 2011
External sales:
Total external sales	$ 629,459	$ 658,877
Operating income:
Total operating income	64,381	101,610
Interest expense	5,956	5,487
Other (income) expense, net	(902)	574
Income from continuing operations before income taxes	59,327	95,549
Industrial [Member]
External sales:
Total external sales	353,177	417,819
Operating income:
Total operating income	35,189	72,685
Infrastructure [Member]
External sales:
Total external sales	276,282	241,058
Operating income:
Total operating income	31,735	32,554
Corporate [Member]
Operating income:
Total operating income	$ (2,543)	$ (3,629)

Subsequent Events (Details) - USD ($) $ in Millions	Nov. 02, 2012	Sep. 30, 2012
Subsequent Event [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.875%
2.650% Senior Notes due 2019 [Member]
Subsequent Event [Line Items]
Proceeds from Issuance of Senior Long-term Debt	$ 400
Debt Instrument, Interest Rate, Stated Percentage	2.65%