2020 Q2 Form 10-K Financial Statement

#000005524220000026 Filed on August 20, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 2019 Q2
Revenue $379.1M $1.885B $603.9M
YoY Change -37.24% -20.63% -6.53%
Cost Of Revenue $274.1M $1.356B $390.2M
YoY Change -29.75% -12.17% -5.73%
Gross Profit $101.5M $529.5M $213.7M
YoY Change -52.53% -36.32% -7.98%
Gross Profit Margin 26.77% 28.08% 35.39%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $38.70M
YoY Change -0.77%
% of Gross Profit 7.31%
Depreciation & Amortization $30.30M $119.9M $29.10M
YoY Change 4.12% 6.97% 5.05%
% of Gross Profit 29.87% 22.64% 13.62%
Operating Expenses $71.50M $388.4M $119.8M
YoY Change -40.32% -18.08% -10.26%
Operating Profit $29.95M $22.25M $93.92M
YoY Change -68.11% -93.23% -4.9%
Interest Expense -$11.30M $35.15M -$8.600M
YoY Change 31.4% 6.55% 3.61%
% of Operating Profit -37.72% 157.98% -9.16%
Other Income/Expense, Net $5.500M $14.86M $3.600M
YoY Change 52.78% -3.36% 0.0%
Pretax Income $9.800M $1.960M $79.90M
YoY Change -87.73% -96.77% -10.12%
Income Tax $25.20M $7.007M $16.80M
% Of Pretax Income 257.14% 357.5% 21.03%
Net Earnings -$9.106M -$5.661M $61.98M
YoY Change -114.69% -102.34% -9.56%
Net Earnings / Revenue -2.4% -0.3% 10.26%
Basic Earnings Per Share -$0.11 -$0.07 $0.75
Diluted Earnings Per Share -$0.11 -$0.07 $0.74
COMMON SHARES
Basic Shares Outstanding 82.91M shares 83.05M shares 82.39M shares
Diluted Shares Outstanding 83.05M shares

Balance Sheet

Concept 2020 Q2 2020 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $606.7M $606.7M $182.0M
YoY Change 233.35% 233.35% -67.28%
Cash & Equivalents $606.7M $606.7M $182.0M
Short-Term Investments
Other Short-Term Assets $73.70M $73.70M $57.38M
YoY Change 28.44% 28.4% -9.29%
Inventory $522.4M $522.4M $571.6M
Prepaid Expenses
Receivables $238.0M $238.0M $379.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.441B $1.441B $1.191B
YoY Change 20.99% 20.99% -22.98%
LONG-TERM ASSETS
Property, Plant & Equipment $1.038B $1.086B $934.9M
YoY Change 11.06% 16.19% 13.43%
Goodwill $270.6M $300.0M
YoY Change -9.81% -0.59%
Intangibles $132.6M $161.0M
YoY Change -17.66% -8.77%
Long-Term Investments
YoY Change
Other Assets $17.43M $107.3M $17.45M
YoY Change -0.13% 54.39% -0.46%
Total Long-Term Assets $1.597B $1.597B $1.465B
YoY Change 8.96% 8.96% 6.22%
TOTAL ASSETS
Total Short-Term Assets $1.441B $1.441B $1.191B
Total Long-Term Assets $1.597B $1.597B $1.465B
Total Assets $3.038B $3.038B $2.656B
YoY Change 14.36% 14.35% -9.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $164.6M $164.6M $212.9M
YoY Change -22.67% -22.69% -4.05%
Accrued Expenses $47.61M $136.4M $76.62M
YoY Change -37.86% -14.11% -19.55%
Deferred Revenue
YoY Change
Short-Term Debt $500.4M $500.4M $200.0K
YoY Change 250100.0% 250100.0% -77.78%
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $898.1M $898.1M $461.7M
YoY Change 94.5% 94.52% -47.92%
LONG-TERM LIABILITIES
Long-Term Debt $594.1M $594.1M $592.5M
YoY Change 0.27% 0.27% 0.17%
Other Long-Term Liabilities $34.43M $254.8M $21.00M
YoY Change 63.94% 24.9% -14.67%
Total Long-Term Liabilities $34.43M $848.9M $21.00M
YoY Change 63.94% 6.58% -14.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $898.1M $898.1M $461.7M
Total Long-Term Liabilities $34.43M $848.9M $21.00M
Total Liabilities $1.769B $1.808B $1.282B
YoY Change 38.02% 36.83% -24.41%
SHAREHOLDERS EQUITY
Retained Earnings $1.005B $1.077B
YoY Change -6.68% 19.56%
Common Stock $642.2M $631.9M
YoY Change 1.64% 2.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.230B $1.230B $1.335B
YoY Change
Total Liabilities & Shareholders Equity $3.038B $3.038B $2.656B
YoY Change 14.36% 14.35% -9.21%

Cashflow Statement

Concept 2020 Q2 2020 2019 Q2
OPERATING ACTIVITIES
Net Income -$9.106M -$5.661M $61.98M
YoY Change -114.69% -102.34% -9.56%
Depreciation, Depletion And Amortization $30.30M $119.9M $29.10M
YoY Change 4.12% 6.97% 5.05%
Cash From Operating Activities $77.60M $223.7M $143.0M
YoY Change -45.73% -25.55% 19.77%
INVESTING ACTIVITIES
Capital Expenditures -$38.10M $244.2M -$66.40M
YoY Change -42.62% 14.98% 1.53%
Acquisitions
YoY Change
Other Investing Activities -$100.0K $757.0K $7.700M
YoY Change -101.3% 98.69% -33.62%
Cash From Investing Activities -$38.10M -$218.3M -$58.80M
YoY Change -35.2% 8.37% 9.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $209.0K
YoY Change -2.34%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities 479.5M $425.5M -15.00M
YoY Change -3296.67% -190.25% -105.39%
NET CHANGE
Cash From Operating Activities 77.60M $223.7M 143.0M
Cash From Investing Activities -38.10M -$218.3M -58.80M
Cash From Financing Activities 479.5M $425.5M -15.00M
Net Change In Cash 519.0M $424.7M 69.20M
YoY Change 650.0% -214.04% -79.89%
FREE CASH FLOW
Cash From Operating Activities $77.60M $223.7M $143.0M
Capital Expenditures -$38.10M $244.2M -$66.40M
Free Cash Flow $115.7M -$20.41M $209.4M
YoY Change -44.75% -123.15% 13.31%

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NATURE OF OPERATIONS<div style="line-height:120%;padding-top:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">With more than 80 years of materials expertise, the Company is a global industrial technology leader, helping customers across the aerospace, earthworks, energy, general engineering and transportation end markets manufacture with precision and efficiency. This expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures.</span></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our standard and custom product offering spans metal cutting and wear applications including turning, milling, hole making, tooling systems and services, as well as specialized wear components and metallurgical powders. End users of the Company's metal cutting products include manufacturers engaged in a diverse array of industries including: the manufacturers of transportation vehicles and components, machine tools and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. The Company’s wear and metallurgical powders are used by producers and suppliers in equipment-intensive operations such as road construction, mining, quarrying, oil and gas exploration, refining, production and supply.</span></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Unless otherwise specified, any reference to a “year” is to a fiscal year ended June 30. When used in this Annual Report on Form 10-K, unless the context requires otherwise, the terms “we,” “our” and “us” refer to Kennametal Inc. and its subsidiaries.</span></div>
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<div style="line-height:120%;padding-top:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">USE OF ESTIMATES IN THE PREPARATION OF FINANCIAL STATEMENTS</span><span style="font-family:inherit;font-size:10pt;"> In preparing our consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP), we make judgments and estimates about the amounts reflected in our financial statements. As part of our financial reporting process, our management collaborates to determine the necessary information on which to base our judgments and develop estimates used to prepare the financial statements. We use historical experience and available information to make these judgments and estimates. However, different amounts could be reported using different assumptions and in light of different facts and circumstances. Therefore, actual amounts could differ from the estimates reflected in our financial statements. </span></div>
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CY2019Q2 us-gaap Goodwill
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300011000 USD
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CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2020Q2 us-gaap Goodwill
Goodwill
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269954000 USD
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137386000 USD
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319505000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
158507000 USD
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13800000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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14400000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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14700000 USD
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12500000 USD
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12100000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11900000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10700000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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9500000 USD
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6400000 USD
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P8Y7M6D
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0.033
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15635000 USD
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16171000 USD
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14790000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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10398000 USD
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6974000 USD
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4771000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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2890000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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16705000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
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56528000 USD
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7910000 USD
CY2020Q2 us-gaap Operating Lease Liability
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48618000 USD
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17074000 USD
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12212000 USD
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6693000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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4294000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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2636000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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17168000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
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60077000 USD
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20194000 USD
CY2019Q2 us-gaap Accrued Employee Benefits Current
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36268000 USD
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34910000 USD
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19212000 USD
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7724000 USD
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13481000 USD
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5053000 USD
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7630000 USD
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5205000 USD
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68766000 USD
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60685000 USD
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144277000 USD
CY2019Q2 us-gaap Other Liabilities Current
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142822000 USD
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598204000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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597949000 USD
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4121000 USD
CY2019Q2 us-gaap Deferred Finance Costs Net
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5475000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
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594083000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations
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592474000 USD
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300000000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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300000000 USD
CY2020Q2 us-gaap Short Term Bank Loans And Notes Payable
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400000 USD
CY2019Q2 us-gaap Short Term Bank Loans And Notes Payable
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200000 USD
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-76107000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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60756000 USD
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57109000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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78067000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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250479000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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217932000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1960000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
311235000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
275041000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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-3558000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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5679000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
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3755000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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905000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
321000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-816000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
33559000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
54553000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
44127000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
30906000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
60553000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
47066000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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-9113000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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-3606000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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1121000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
724000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
45000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3552000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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-15510000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
6367000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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18242000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-23899000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2806000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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22915000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7007000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63359000 USD
CY2018 us-gaap Income Tax Expense Benefit
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69981000 USD
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3.575
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.204
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0.254
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5
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1 USD
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0.30 USD
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0.50 USD
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-6900000 USD
CY2020 kmt Discrete Benefitfor Swiss Tax Reform
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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412000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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65359000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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77286000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1283000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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289000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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2975000 USD
CY2018 kmt Us Income Tax Provided On International Income
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1010000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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10583000 USD
CY2020 kmt Us Income Tax Provided On International Income
UsIncomeTaxProvidedOnInternationalIncome
12422000 USD
CY2019 kmt Us Income Tax Provided On International Income
UsIncomeTaxProvidedOnInternationalIncome
7347000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
162000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-9333000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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5651000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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755000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-1473000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-90817000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
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4093000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
3911000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
3141000 USD
CY2020 kmt Reconciliation Of Income Taxes Change In Indefinite Reinvestment Assertion
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0 USD
CY2019 kmt Reconciliation Of Income Taxes Change In Indefinite Reinvestment Assertion
ReconciliationOfIncomeTaxesChangeInIndefiniteReinvestmentAssertion
6093000 USD
CY2018 kmt Reconciliation Of Income Taxes Change In Indefinite Reinvestment Assertion
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0 USD
CY2019 kmt Effectiveincometaxratereconciliation Combinedeffectsoftaxreform Amount
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-9280000 USD
CY2018 kmt Effectiveincometaxratereconciliation Combinedeffectsoftaxreform Amount
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86044000 USD
CY2020 kmt Discrete Benefitfor Swiss Tax Reform
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-14500000 USD
CY2020 kmt Effectiveincometaxratereconciliation Combinedeffectsof U.S.Cares Act Amount
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-6913000 USD
CY2020 kmt Effectiveincometaxratereconciliation Adjustmenttodeferredtaxchargesonintraentitytransfers Amount
EffectiveincometaxratereconciliationAdjustmenttodeferredtaxchargesonintraentitytransfersAmount
0 USD
CY2019 kmt Effectiveincometaxratereconciliation Adjustmenttodeferredtaxchargesonintraentitytransfers Amount
EffectiveincometaxratereconciliationAdjustmenttodeferredtaxchargesonintraentitytransfersAmount
0 USD
CY2018 kmt Effectiveincometaxratereconciliation Adjustmenttodeferredtaxchargesonintraentitytransfers Amount
EffectiveincometaxratereconciliationAdjustmenttodeferredtaxchargesonintraentitytransfersAmount
5297000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
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1407000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1227000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
660000 USD
CY2020 us-gaap Income Tax Expense Benefit
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7007000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63359000 USD
CY2018 us-gaap Income Tax Expense Benefit
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69981000 USD
CY2019 kmt Effectiveincometaxratereconciliation Combinedeffectsoftaxreform Amount
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-9300000 USD
CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
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-15000000.0 USD
CY2019 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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5300000 USD
CY2018 kmt Effectiveincometaxratereconciliation Combinedeffectsoftaxreform Amount
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86000000.0 USD
CY2018 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
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80900000 USD
CY2018 kmt Provisionaltaxexpenseforrevaluationof U.S.Netdeferredtaxes
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5100000 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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31891000 USD
CY2019Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
28886000 USD
CY2020Q2 us-gaap Deferred Tax Assets Inventory
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8220000 USD
CY2019Q2 us-gaap Deferred Tax Assets Inventory
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8230000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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19608000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
21445000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
4110000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
4752000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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11650000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
16029000 USD
CY2020Q2 kmt Deferred Tax Asset Tax Deferred Expense Operatingleaseliabilities
DeferredTaxAssetTaxDeferredExpenseOperatingleaseliabilities
11889000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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7310000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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7758000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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21048000 USD
CY2019Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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4733000 USD
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10531000 USD
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0 USD
CY2020Q2 us-gaap Deferred Tax Assets Other
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364000 USD
CY2019Q2 us-gaap Deferred Tax Assets Other
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2813000 USD
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126621000 USD
CY2019Q2 us-gaap Deferred Tax Assets Gross
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94646000 USD
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16654000 USD
CY2019Q2 us-gaap Deferred Tax Assets Valuation Allowance
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14614000 USD
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109967000 USD
CY2019Q2 us-gaap Deferred Tax Assets Net
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80032000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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67411000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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74645000 USD
CY2020Q2 kmt Deferred Tax Liabilities Operatingleaserightofuseassets
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11715000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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0 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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4259000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Other
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5855000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Other
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3943000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities
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84981000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities
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82847000 USD
CY2020Q2 us-gaap Deferred Tax Assets Liabilities Net
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24986000 USD
CY2019Q2 us-gaap Deferred Tax Assets Liabilities Net
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2815000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
21000000.0 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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31900000 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
17400000 USD
CY2020Q2 us-gaap Deferred Tax Assets Valuation Allowance
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16700000 USD
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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2000000.0 USD
CY2019 kmt Reconciliation Of Income Taxes Change In Indefinite Reinvestment Assertion
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6100000 USD
CY2020Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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1400000000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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5900000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
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8952000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5775000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits
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2632000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7384000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3409000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3765000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
214000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
324000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
289000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
58000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
118000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
23000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8680000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8952000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5775000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
8700000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9000000.0 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
5800000 USD
CY2020 kmt Unrecognized Tax Benefits Reduction In Interest On Income Taxes Expense
UnrecognizedTaxBenefitsReductionInInterestOnIncomeTaxesExpense
-1000000.0 USD
CY2019 kmt Unrecognized Tax Benefits Reduction In Interest On Income Taxes Expense
UnrecognizedTaxBenefitsReductionInInterestOnIncomeTaxesExpense
400000 USD
CY2018 kmt Unrecognized Tax Benefits Reduction In Interest On Income Taxes Expense
UnrecognizedTaxBenefitsReductionInInterestOnIncomeTaxesExpense
-700000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1200000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
700000 USD
CY2020Q2 us-gaap Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
500000 USD
CY2019Q2 us-gaap Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
100000 USD
CY2020 kmt Eligible Agefor Availing Postretirement Healthcare Benefits
EligibleAgeforAvailingPostretirementHealthcareBenefits
65
CY2020 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-15600000 USD
CY2019 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-14300000 USD
CY2018 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-17300000 USD
CY2020Q2 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.068
CY2019Q2 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.070
CY2018Q2 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.075
CY2020Q2 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.050
CY2019Q2 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.050
CY2018Q2 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.050
CY2020 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2027
CY2019 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2027
CY2018 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2027
CY2020Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
876036000 USD
CY2019Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
825869000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
14700000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16300000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
19600000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-771000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-189000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-582000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-899000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-220000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-679000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-23999000 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
5700000 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-18299000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-10478000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-2543000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-7935000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-35936000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
45000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-35891000 USD
CY2020 kmt Restructuring Charges Related To Inventory Disposals
RestructuringChargesRelatedToInventoryDisposals
900000 USD
CY2019 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
16900000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-4800000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
108680000 USD
CY2020 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-49329000 USD
CY2020 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3171000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-46158000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
261000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-64000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
197000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1785000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-437000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1348000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-52087000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
12448000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-39639000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-6953000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-1829000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-5124000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-20881000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
96000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-20785000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-63969000 USD
CY2019 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
10214000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-53755000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-928000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
6000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-922000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-4508000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-761000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3747000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-8043000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
2052000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-5991000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-7307000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-33000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-7274000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-1593000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
103000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1490000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
1251000 USD
CY2018 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1367000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2618000 USD
CY2020 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
83300000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
69200000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
19500000 USD
CY2019 kmt Restructuring Charges Related To Inventory Disposals
RestructuringChargesRelatedToInventoryDisposals
700000 USD
CY2018 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
15900000 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-4700000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
16400000 USD
CY2018 kmt Restructuring Charges Related To Inventory Disposals
RestructuringChargesRelatedToInventoryDisposals
-200000 USD
CY2020Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
34900000 USD
CY2020Q2 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
12500000 USD
CY2019Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
19200000 USD
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
19212000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
69174000 USD
CY2020 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-3039000 USD
CY2020 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-399000 USD
CY2020 us-gaap Payments For Restructuring
PaymentsForRestructuring
37582000 USD
CY2020Q2 us-gaap Restructuring Reserve
RestructuringReserve
47366000 USD
CY2018Q2 us-gaap Restructuring Reserve
RestructuringReserve
17639000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
19542000 USD
CY2019 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-4597000 USD
CY2019 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-298000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
13074000 USD
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
19212000 USD
CY2020Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
630200000 USD
CY2019Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
622000000.0 USD
CY2020Q2 us-gaap Assets
Assets
3037591000 USD
CY2019Q2 us-gaap Assets
Assets
2656269000 USD
CY2018Q2 us-gaap Assets
Assets
2925737000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
781673 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.92
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
41525 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
26.66
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
93189 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
39.36
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
646959 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.60
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y9M18D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1356000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
646959 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
33.60
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y9M18D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
1356000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
646959 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
33.60
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y9M18D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
1356000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
244151000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
212343000 USD
CY2020Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
15600000 USD
CY2020Q2 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
6100000 USD
CY2019Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
12400000 USD
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 Segment
CY2020 kmt Sales Toa Single Customer Did Not Aggregate More Than
SalesToaSingleCustomerDidNotAggregateMoreThan
0.05
CY2020 kmt Export Sales From Us Operations To Unaffiliated Customers
ExportSalesFromUsOperationsToUnaffiliatedCustomers
34000000.0 USD
CY2019 kmt Export Sales From Us Operations To Unaffiliated Customers
ExportSalesFromUsOperationsToUnaffiliatedCustomers
67800000 USD
CY2018 kmt Export Sales From Us Operations To Unaffiliated Customers
ExportSalesFromUsOperationsToUnaffiliatedCustomers
72400000 USD
CY2020 us-gaap Revenues
Revenues
1885305000 USD
CY2019 us-gaap Revenues
Revenues
2375234000 USD
CY2018 us-gaap Revenues
Revenues
2367853000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
22252000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
328850000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
290299000 USD
CY2020 us-gaap Interest Expense
InterestExpense
35154000 USD
CY2019 us-gaap Interest Expense
InterestExpense
32994000 USD
CY2018 us-gaap Interest Expense
InterestExpense
30081000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14862000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15379000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14823000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1960000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
311235000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
275041000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
119860000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
171004000 USD
CY2020 us-gaap Revenues
Revenues
1885305000 USD
CY2019 us-gaap Revenues
Revenues
2375234000 USD
CY2018 us-gaap Revenues
Revenues
2367853000 USD
CY2020Q2 us-gaap Noncurrent Assets
NoncurrentAssets
1038271000 USD
CY2019Q2 us-gaap Noncurrent Assets
NoncurrentAssets
934895000 USD
CY2018Q2 us-gaap Noncurrent Assets
NoncurrentAssets
824213000 USD
CY2020Q2 kmt Numberofcountriesin Other
NumberofcountriesinOther
27
CY2020 kmt Salesfrom Othercountrydidnotexceed
SalesfromOthercountrydidnotexceed
0.02
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1038300000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
934900000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
824200000 USD
CY2019Q3 us-gaap Revenues
Revenues
518088000 USD
CY2019Q4 us-gaap Revenues
Revenues
505080000 USD
CY2020Q1 us-gaap Revenues
Revenues
483084000 USD
CY2020Q2 us-gaap Revenues
Revenues
379053000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
138980000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
132018000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
157018000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
101454000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6466000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-5939000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
2917000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-9106000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2019Q2 us-gaap Revenues
Revenues
603949000 USD
CY2018Q3 us-gaap Revenues
Revenues
586687000 USD
CY2018Q4 us-gaap Revenues
Revenues
587394000 USD
CY2019Q1 us-gaap Revenues
Revenues
597204000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
211092000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
198598000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
208086000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
213719000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
56699000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
54698000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
68550000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
61978000 USD
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74

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