Cutting tool comprising toolholder and round cutting insert and method for repositioning the round cutting insert in a pocket of the toolholder

Abstract

A cutting tool including a toolholder and a round cutting insert for mounting on a pocket floor of the toolholder. The toolholder includes the toolholder pocket floor having a bore and a plurality of grooves in the pocket floor arranged radially about the bore, wherein adjacent grooves are radially offset by a groove offset angle, x. The round cutting insert includes an upper surface having a cutting edge, a lower surface opposite the upper surface, an exterior side surface between the upper surface and the lower surface, an interior side surface defining an aperture extending from the upper surface to the lower surface, and a plurality of lugs arranged radially about the aperture. In an alternate embodiment, the cutting tool includes an anti-rotation disc with a plurality of grooves instead of the toolholder pocket floor.