CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$ 105,494	$ 177,929
Accounts receivable, less allowance for doubtful accounts of $13,560 and $14,027, respectively	445,373	531,515
Inventories (Note 7)	575,531	703,766
Deferred income taxes (Note 11)	72,449	47,897
Other current assets	59,699	64,089
Total current assets	1,258,546	1,525,196
Property, plant and equipment:
Land and buildings	401,207	437,783
Machinery and equipment	1,573,597	1,638,215
Less accumulated depreciation	(1,158,979)	(1,191,540)
Property, plant and equipment, net	815,825	884,458
Other assets:
Investments in affiliated companies	361	495
Goodwill (Note 2)	417,389	975,576
Other intangible assets, less accumulated amortization of $153,370 and $139,245, respectively (Note 2)	286,669	343,176
Deferred income taxes (Note 11)	24,091	41,006
Other	46,648	98,179
Total other assets	775,158	1,458,432
Total assets	2,849,529	3,868,086
Current liabilities:
Current maturities of long-term debt and capital leases (Note 9)	8,129	7,662
Notes payable to banks (Note 10)	7,573	72,455
Accounts payable	187,381	206,891
Accrued income taxes	25,237	16,953
Accrued vacation pay	26,566	38,456
Accrued payroll	49,180	61,436
Other current liabilities (Note 8)	178,678	158,903
Total current liabilities	482,744	562,756
Long-term debt and capital leases, less current maturities (Note 9)	735,885	981,666
Deferred income taxes (Note 11)	59,744	118,092
Accrued postretirement benefits (Note 12)	19,230	22,516
Accrued pension benefits (Note 12)	143,799	158,268
Accrued income taxes	3,002	21,384
Other liabilities	29,690	41,796
Total liabilities	$ 1,474,094	$ 1,906,478
Commitments and contingencies (Note 18)
Kennametal Shareholders' Equity:
Preferred stock, no par value; 5,000 shares authorized; none issued	$ 0	$ 0
Capital stock, $1.25 par value; 120,000 shares authorized; 79,375 and 78,672 shares issued respectively	99,219	98,340
Additional paid-in capital	419,829	395,890
Retained earnings	1,070,282	1,501,157
Accumulated other comprehensive loss	(243,523)	(66,131)
Total Kennametal Shareholders' Equity	1,345,807	1,929,256
Noncontrolling interests	29,628	32,352
Total equity	1,375,435	1,961,608
Total liabilities and equity	$ 2,849,529	$ 3,868,086