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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 556,153 $ 190,629
Accounts receivable, less allowance for doubtful accounts of $11,807 and $13,693, respectively 401,290 380,425
Inventories (Note 7) 525,466 487,681
Other current assets 63,257 55,166
Total current assets 1,546,166 1,113,901
Property, plant and equipment:    
Land and buildings 351,953 350,002
Machinery and equipment 1,702,243 1,577,776
Less accumulated depreciation (1,229,983) (1,183,390)
Property, plant and equipment, net 824,213 744,388
Other assets:    
Assets held for sale (Note 15) 0 6,980
Goodwill (Notes 2 and 8) 301,802 301,367
Other intangible assets, less accumulated amortization of $145,334 and $129,981, respectively (Notes 2 and 8) 176,468 190,527
Deferred income taxes (Note 12) 17,015 28,349
Long-term prepaid pension benefit (Note 13) 42,543 17,208
Other 17,530 12,776
Total other assets 555,358 557,207
Total assets 2,925,737 2,415,496
Current liabilities:    
Current maturities of long-term debt and capital leases (Note 10) 399,266 190
Notes payable to banks (Note 11) 934 735
Accounts payable 221,903 215,722
Accrued income taxes 18,603 6,202
Accrued vacation pay 18,078 18,108
Accrued payroll 77,161 67,574
Other current liabilities (Note 9) 150,586 152,947
Total current liabilities 886,531 461,478
Long-term debt and capital leases, less current maturities (Note 10) 591,505 694,991
Deferred income taxes (Note 12) 26,991 14,883
Accrued postretirement benefits (Note 13) 13,725 16,906
Accrued pension benefits (Note 13) 145,797 143,954
Accrued income taxes 6,249 2,636
Other liabilities 24,612 27,995
Total liabilities 1,695,410 1,362,843
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; 81,646 and 80,665 shares issued respectively 102,058 100,832
Additional paid-in capital 511,909 474,547
Retained earnings 900,683 765,607
Accumulated other comprehensive loss (Note 14) (320,325) (323,692)
Total Kennametal Shareholders' Equity 1,194,325 1,017,294
Noncontrolling interests 36,002 35,359
Total equity 1,230,327 1,052,653
Total liabilities and equity $ 2,925,737 $ 2,415,496