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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 102,001 $ 161,579
Accounts receivable, less allowance for doubtful accounts of $12,247 and $12,724, respectively 339,479 370,916
Inventories (Note 11) 449,890 458,830
Deferred income taxes (Note 3) 0 26,713
Other current assets 80,375 57,303
Total current assets 971,745 1,075,341
Property, plant and equipment:    
Land and buildings 348,848 353,789
Machinery and equipment 1,518,731 1,511,462
Less accumulated depreciation (1,142,446) (1,134,611)
Property, plant and equipment, net 725,133 730,640
Other assets:    
Investments in affiliated companies 2 2
Goodwill (Note 18) 291,952 298,487
Other intangible assets, less accumulated amortization of $119,522 and $114,093, respectively (Note 18) 197,267 207,208
Deferred income taxes (Note 3) 34,368 14,459
Other 34,314 36,646
Total other assets 557,903 556,802
Total assets 2,254,781 2,362,783
Current liabilities:    
Current maturities of long-term debt and capital leases 254 732
Notes payable to banks 2,009 1,163
Accounts payable 168,880 182,039
Accrued income taxes 18,742 16,602
Accrued expenses 59,744 74,470
Other current liabilities 140,522 152,269
Total current liabilities 390,151 427,275
Long-term debt and capital leases, less current maturities (Notes 3 and 12) 694,329 693,548
Deferred income taxes (Note 3) 13,901 17,126
Accrued pension and postretirement benefits 191,717 201,473
Accrued income taxes 2,756 3,100
Other liabilities 27,246 24,460
Total liabilities 1,320,100 1,366,982
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; 80,065 and 79,694 shares issued, respectively 100,082 99,618
Additional paid-in capital 450,645 436,617
Retained earnings 734,233 780,597
Accumulated other comprehensive loss (382,154) (352,509)
Total Kennametal Shareholders' Equity 902,806 964,323
Noncontrolling interests 31,875 31,478
Total equity 934,681 995,801
Total liabilities and equity $ 2,254,781 $ 2,362,783