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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 110,697 $ 190,629
Accounts receivable, less allowance for doubtful accounts of $13,455 and $13,693, respectively 385,624 380,425
Inventories (Note 10) 514,720 487,681
Other current assets 64,874 55,166
Total current assets 1,075,915 1,113,901
Property, plant and equipment:    
Land and buildings 351,351 350,002
Machinery and equipment 1,616,376 1,577,776
Less accumulated depreciation (1,212,208) (1,183,390)
Property, plant and equipment, net 755,519 744,388
Other assets:    
Assets held for sale (Note 7) 7,547 6,980
Goodwill (Note 17) 304,678 301,367
Other intangible assets, less accumulated amortization of $134,941 and $129,981, respectively (Note 17) 187,740 190,527
Deferred income taxes (Note 3) 28,772 28,349
Other 39,529 29,984
Total other assets 568,266 557,207
Total assets 2,399,700 2,415,496
Current liabilities:    
Current maturities of long-term debt and capital leases 96 190
Notes payable to banks 1,156 735
Accounts payable 186,342 215,722
Accrued income taxes 7,135 6,202
Accrued expenses 65,122 85,682
Other current liabilities 137,116 152,947
Total current liabilities 396,967 461,478
Long-term debt and capital leases, less current maturities (Note 11) 695,357 694,991
Deferred income taxes 15,479 14,883
Accrued pension and postretirement benefits 162,941 160,860
Accrued income taxes 2,737 2,636
Other liabilities 28,141 27,995
Total liabilities 1,301,622 1,362,843
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; 80,967 and 80,665 shares issued, respectively 101,208 100,832
Additional paid-in capital 476,690 474,547
Retained earnings 788,599 765,607
Accumulated other comprehensive loss (304,517) (323,692)
Total Kennametal Shareholders' Equity 1,061,980 1,017,294
Noncontrolling interests 36,098 35,359
Total equity 1,098,078 1,052,653
Total liabilities and equity $ 2,399,700 $ 2,415,496