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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2021
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 101,799 $ 154,047
Accounts receivable, less allowance for doubtful accounts of $9,367 and $9,734, respectively 272,592 302,945
Inventories (Note 9) 533,016 476,345
Other current assets 76,794 71,470
Total current assets 984,201 1,004,807
Property, plant and equipment:    
Land and buildings 414,947 413,865
Machinery and equipment 1,937,533 1,959,176
Less accumulated depreciation (1,329,710) (1,317,906)
Property, plant and equipment, net 1,022,770 1,055,135
Other assets:    
Goodwill (Note 17) 273,319 277,615
Other intangible assets, less accumulated amortization of $159,163 and $153,972, respectively (Note 17) 113,009 120,041
Operating lease right-of-use assets 45,667 50,341
Deferred income taxes 57,074 58,742
Other 114,832 99,080
Total other assets 603,901 605,819
Total assets 2,610,872 2,665,761
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 12,228 8,365
Current operating lease liabilities 13,125 14,220
Accounts payable 185,857 177,659
Accrued income taxes 30,318 18,059
Accrued expenses 43,610 61,489
Other current liabilities 125,845 157,602
Total current liabilities 410,983 437,394
Long-term debt, less current maturities (Note 10) 592,731 592,108
Operating lease liabilities 33,161 36,800
Deferred income taxes 23,609 23,710
Accrued pension and postretirement benefits 163,069 171,067
Accrued income taxes 4,085 4,246
Other liabilities 26,661 32,231
Total liabilities 1,254,299 1,297,556
Commitments and contingencies
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; 83,074 and 83,614 shares issued, respectively 103,842 104,518
Additional paid-in capital 534,592 562,820
Retained earnings 1,026,756 992,597
Accumulated other comprehensive loss (349,168) (330,327)
Total Kennametal Shareholders' Equity 1,316,022 1,329,608
Noncontrolling interests 40,551 38,597
Total equity 1,356,573 1,368,205
Total liabilities and equity $ 2,610,872 $ 2,665,761
Common Stock, Par or Stated Value Per Share $ 1.25 $ 1.25
Preferred Stock, No Par Value $ 0 $ 0
Preferred Stock, Shares Authorized 5,000 5,000