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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 96,276 $ 556,153
Accounts receivable, less allowance for doubtful accounts of $10,951 and $11,807, respectively 380,683 401,290
Inventories (Note 10) 578,566 525,466
Other current assets 63,509 63,257
Total current assets 1,119,034 1,546,166
Property, plant and equipment:    
Land and buildings 349,857 351,953
Machinery and equipment 1,753,544 1,702,243
Less accumulated depreciation (1,248,298) (1,229,983)
Property, plant and equipment, net 855,103 824,213
Other assets:    
Goodwill (Note 17) 300,003 301,802
Other intangible assets, less accumulated amortization of $151,364 and $145,334, respectively (Note 17) 168,486 176,468
Deferred income taxes 16,052 17,015
Other 72,430 60,073
Total other assets 556,971 555,358
Total assets 2,531,108 2,925,737
Current liabilities:    
Current maturities of long-term debt (Note 11) 0 399,266
Notes payable to banks 3,371 934
Accounts payable 198,350 221,903
Accrued income taxes 28,621 18,603
Accrued expenses 57,780 95,239
Other current liabilities 123,931 150,586
Total current liabilities 412,053 886,531
Long-term debt, less current maturities (Note 11) 591,688 591,505
Deferred income taxes 28,563 26,991
Accrued pension and postretirement benefits 157,818 159,522
Accrued income taxes 8,374 6,249
Other liabilities 24,328 24,612
Total liabilities 1,222,824 1,695,410
Commitments and contingencies
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; 82,160 and 81,646 shares issued, respectively 102,700 102,058
Additional paid-in capital 522,413 511,909
Retained earnings 979,259 900,683
Accumulated other comprehensive loss (334,632) (320,325)
Total Kennametal Shareholders' Equity 1,269,740 1,194,325
Noncontrolling interests 38,544 36,002
Total equity 1,308,284 1,230,327
Total liabilities and equity $ 2,531,108 $ 2,925,737