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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2017
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 159,940 $ 190,629
Accounts receivable, less allowance for doubtful accounts of $13,332 and $13,693, respectively 392,923 380,425
Inventories (Note 10) 507,462 487,681
Other current assets 68,057 55,166
Total current assets 1,128,382 1,113,901
Property, plant and equipment:    
Land and buildings 351,190 350,002
Machinery and equipment 1,660,218 1,577,776
Less accumulated depreciation (1,231,743) (1,183,390)
Property, plant and equipment, net 779,665 744,388
Other assets:    
Assets held for sale (Note 7) 7,547 6,980
Goodwill (Note 17) 306,147 301,367
Other intangible assets, less accumulated amortization of $139,202 and $129,981, respectively (Note 17) 184,523 190,527
Deferred income taxes (Note 3) 21,667 28,349
Other 47,930 29,984
Total other assets 567,814 557,207
Total assets 2,475,861 2,415,496
Current liabilities:    
Current maturities of long-term debt and capital leases 48 190
Notes payable to banks 1,312 735
Accounts payable 190,592 215,722
Accrued income taxes 17,370 6,202
Accrued expenses 64,631 85,682
Other current liabilities 133,668 152,947
Total current liabilities 407,621 461,478
Long-term debt and capital leases, less current maturities (Note 11) 695,722 694,991
Deferred income taxes 15,141 14,883
Accrued pension and postretirement benefits 164,701 160,860
Accrued income taxes 2,776 2,636
Other liabilities 25,952 27,995
Total liabilities 1,311,913 1,362,843
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; 81,517 and 80,665 shares issued, respectively 101,897 100,832
Additional paid-in capital 500,388 474,547
Retained earnings 813,936 765,607
Accumulated other comprehensive loss (289,816) (323,692)
Total Kennametal Shareholders' Equity 1,126,405 1,017,294
Noncontrolling interests 37,543 35,359
Total equity 1,163,948 1,052,653
Total liabilities and equity $ 2,475,861 $ 2,415,496