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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 161,579 $ 105,494
Accounts receivable, less allowance for doubtful accounts of $12,724 and $13,560, respectively 370,916 445,373
Inventories (Note 7) 458,830 575,531
Deferred income taxes (Note 12) 26,713 72,449
Other current assets 57,303 59,699
Total current assets 1,075,341 1,258,546
Property, plant and equipment:    
Land and buildings 353,789 401,207
Machinery and equipment 1,511,462 1,573,597
Less accumulated depreciation (1,134,611) (1,158,979)
Property, plant and equipment, net 730,640 815,825
Other assets:    
Investments in affiliated companies 2 361
Goodwill (Notes 2 and 8) 298,487 417,389
Other intangible assets, less accumulated amortization of $114,093 and $153,370, respectively (Notes 2 and 8) 207,208 286,669
Deferred income taxes (Note 12) 14,459 24,091
Other 42,656 46,648
Total other assets 562,812 775,158
Total assets 2,368,793 2,849,529
Current liabilities:    
Current maturities of long-term debt and capital leases (Note 10) 732 8,129
Notes payable to banks (Note 11) 1,163 7,573
Accounts payable 182,039 187,381
Accrued income taxes 16,602 25,237
Accrued vacation pay 24,709 26,566
Accrued payroll 49,761 49,180
Other current liabilities (Note 9) 152,269 178,678
Total current liabilities 427,275 482,744
Long-term debt and capital leases, less current maturities (Note 10) 699,558 735,885
Deferred income taxes (Note 12) 17,126 59,744
Accrued postretirement benefits (Note 13) 18,876 19,230
Accrued pension benefits (Note 13) 182,597 143,799
Accrued income taxes 3,100 3,002
Other liabilities 24,460 29,690
Total liabilities 1,372,992 1,474,094
Commitments and contingencies (Note 19)
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; 79,694 and 79,375 shares issued respectively 99,618 99,219
Additional paid-in capital 436,617 419,829
Retained earnings 780,597 1,070,282
Accumulated other comprehensive loss (352,509) (243,523)
Total Kennametal Shareholders' Equity 964,323 1,345,807
Noncontrolling interests 31,478 29,628
Total equity 995,801 1,375,435
Total liabilities and equity $ 2,368,793 $ 2,849,529