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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 112,597 $ 556,153
Accounts receivable, less allowance for doubtful accounts of $10,750 and $11,807, respectively 403,411 401,290
Inventories (Note 10) 588,613 525,466
Other current assets 58,221 63,257
Total current assets 1,162,842 1,546,166
Property, plant and equipment:    
Land and buildings 347,814 351,953
Machinery and equipment 1,772,074 1,702,243
Less accumulated depreciation (1,234,052) (1,229,983)
Property, plant and equipment, net 885,836 824,213
Other assets:    
Goodwill (Note 17) 298,279 301,802
Other intangible assets, less accumulated amortization of $155,115 and $145,334, respectively (Note 17) 165,147 176,468
Deferred income taxes 16,183 17,015
Other 79,396 60,073
Total other assets 559,005 555,358
Total assets 2,607,683 2,925,737
Current liabilities:    
Current maturities of long-term debt (Note 11) 0 399,266
Notes payable to banks 0 934
Accounts payable 205,069 221,903
Accrued income taxes 22,936 18,603
Accrued expenses 74,531 95,239
Other current liabilities 127,482 150,586
Total current liabilities 430,018 886,531
Long-term debt, less current maturities (Note 11) 592,070 591,505
Deferred income taxes 30,274 26,991
Accrued pension and postretirement benefits 156,537 159,522
Accrued income taxes 9,166 6,249
Other liabilities 24,213 24,612
Total liabilities 1,242,278 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; 82,367 and 81,646 shares issued, respectively 102,958 102,058
Additional paid-in capital 524,442 511,909
Retained earnings 1,031,361 900,683
Accumulated other comprehensive loss (333,640) (320,325)
Total Kennametal Shareholders' Equity 1,325,121 1,194,325
Noncontrolling interests 40,284 36,002
Total equity 1,365,405 1,230,327
Total liabilities and equity $ 2,607,683 $ 2,925,737