XML 30 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 140,540 $ 127,971
Accounts receivable, less allowance for doubtful accounts of $8,759 and $9,422, respectively 295,401 302,810
Inventories (Note 7) 538,237 514,632
Other current assets 65,092 57,179
Total current assets 1,039,270 1,002,592
Property, plant and equipment:    
Land and buildings 440,187 415,376
Machinery and equipment 2,058,497 1,992,001
Less accumulated depreciation (1,578,770) (1,469,314)
Property, plant and equipment, net 919,914 938,063
Other assets:    
Goodwill (Note 8) 282,726 271,567
Other intangible assets, less accumulated amortization of $173,346 and $160,699, respectively (Note 8) 67,209 81,421
Operating lease right-of-use assets (Note 9) 45,221 48,142
Deferred income taxes (Note 13) 90,473 79,333
Long-term prepaid pension benefit (Note 14) 75,062 70,016
Other 25,537 12,624
Total other assets 586,228 563,103
Total assets 2,545,412 2,503,758
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 12) 977 1,377
Current operating lease liabilities (Note 9) 12,187 12,766
Accounts payable 195,929 191,541
Accrued income taxes 8,546 13,152
Accrued vacation pay 12,123 12,370
Accrued payroll 43,461 40,643
Other current liabilities (Note 10) 149,106 144,112
Total current liabilities 422,329 415,961
Long-term debt, less current maturities (Note 11) 596,788 595,980
Operating lease liabilities (Note 9) 33,408 35,631
Deferred income taxes (Note 13) 32,609 36,171
Accrued postretirement benefits (Note 14) 5,752 6,334
Accrued pension benefits (Note 14) 106,963 103,581
Accrued income taxes 1,936 1,484
Other liabilities 20,979 20,017
Total liabilities 1,220,764 1,215,159
Commitments and contingencies (Note 20)
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; 79,835 and 81,337 shares issued, respectively 95,015 97,361
Additional paid-in capital 373,902 416,620
Retained earnings 1,201,755 1,170,482
Accumulated other comprehensive loss (Note 15) (386,693) (434,588)
Total Kennametal Shareholders' Equity 1,283,979 1,249,875
Noncontrolling interests 40,669 38,724
Total equity 1,324,648 1,288,599
Total liabilities and equity $ 2,545,412 $ 2,503,758