XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 102,084 $ 556,153
Accounts receivable, less allowance for doubtful accounts of $12,134 and $11,807, respectively 386,685 401,290
Inventories (Note 10) 569,252 525,466
Other current assets 63,461 63,257
Total current assets 1,121,482 1,546,166
Property, plant and equipment:    
Land and buildings 349,244 351,953
Machinery and equipment 1,723,306 1,702,243
Less accumulated depreciation (1,238,199) (1,229,983)
Property, plant and equipment, net 834,351 824,213
Other assets:    
Goodwill (Note 17) 300,844 301,802
Other intangible assets, less accumulated amortization of $148,413 and $145,334, respectively (Note 17) 172,477 176,468
Deferred income taxes 16,714 17,015
Other 66,336 60,073
Total other assets 556,371 555,358
Total assets 2,512,204 2,925,737
Current liabilities:    
Current maturities of long-term debt and capital leases (Note 11) 0 399,266
Notes payable to banks 756 934
Accounts payable 220,887 221,903
Accrued income taxes 30,025 18,603
Accrued expenses 64,356 95,239
Other current liabilities 123,147 150,586
Total current liabilities 439,171 886,531
Long-term debt and capital leases, less current maturities (Note 11) 591,303 591,505
Deferred income taxes 27,389 26,991
Accrued pension and postretirement benefits 159,547 159,522
Accrued income taxes 6,265 6,249
Other liabilities 24,420 24,612
Total liabilities 1,248,095 1,695,410
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; 82,092 and 81,646 shares issued, respectively 102,615 102,058
Additional paid-in capital 517,349 511,909
Retained earnings 940,983 900,683
Accumulated other comprehensive loss (333,333) (320,325)
Total Kennametal Shareholders' Equity 1,227,614 1,194,325
Noncontrolling interests 36,495 36,002
Total equity 1,264,109 1,230,327
Total liabilities and equity $ 2,512,204 $ 2,925,737