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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 190,629 $ 161,579
Accounts receivable, less allowance for doubtful accounts of $13,693 and $12,724, respectively 380,425 370,916
Inventories (Note 7) 487,681 458,830
Deferred income taxes (Notes 2 and 12) 0 26,713
Other current assets 55,166 57,303
Total current assets 1,113,901 1,075,341
Property, plant and equipment:    
Land and buildings 350,002 353,789
Machinery and equipment 1,577,776 1,511,462
Less accumulated depreciation (1,183,390) (1,134,611)
Property, plant and equipment, net 744,388 730,640
Other assets:    
Assets held for sale (Note 15) 6,980 0
Goodwill (Notes 2 and 8) 301,367 298,487
Other intangible assets, less accumulated amortization of $129,981 and $114,093, respectively (Notes 2 and 8) 190,527 207,208
Deferred income taxes (Notes 2 and 12) 28,349 14,459
Other 29,984 36,648
Total other assets 557,207 556,802
Total assets 2,415,496 2,362,783
Current liabilities:    
Current maturities of long-term debt and capital leases (Note 10) 190 732
Notes payable to banks (Note 11) 735 1,163
Accounts payable 215,722 182,039
Accrued income taxes 6,202 16,602
Accrued vacation pay 18,108 24,709
Accrued payroll 67,574 49,761
Other current liabilities (Note 9) 152,947 152,269
Total current liabilities 461,478 427,275
Long-term debt and capital leases, less current maturities (Note 10) 694,991 693,548
Deferred income taxes (Notes 2 and 12) 14,883 17,126
Accrued postretirement benefits (Note 13) 16,906 18,876
Accrued pension benefits (Note 13) 143,954 182,597
Accrued income taxes 2,636 3,100
Other liabilities 27,995 24,460
Total liabilities 1,362,843 1,366,982
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; 80,665 and 79,694 shares issued respectively 100,832 99,618
Additional paid-in capital 474,547 436,617
Retained earnings 765,607 780,597
Accumulated other comprehensive loss (Note 14) (323,692) (352,509)
Total Kennametal Shareholders' Equity 1,017,294 964,323
Noncontrolling interests 35,359 31,478
Total equity 1,052,653 995,801
Total liabilities and equity $ 2,415,496 $ 2,362,783