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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 98,290 $ 606,684
Accounts receivable, less allowance for doubtful accounts of $9,372 and $9,430, respectively 249,992 237,983
Inventories (Note 9) 508,739 522,447
Other current assets 78,700 73,698
Total current assets 935,721 1,440,812
Property, plant and equipment:    
Land and buildings 369,631 360,256
Machinery and equipment 1,958,599 1,913,967
Less accumulated depreciation (1,274,016) (1,235,952)
Property, plant and equipment, net 1,054,214 1,038,271
Other assets:    
Goodwill (Note 16) 275,406 270,580
Other intangible assets, less accumulated amortization of $142,568 and $137,386, respectively (Note 16) 130,062 132,568
Operating lease right-of-use assets 48,617 48,035
Deferred income taxes 46,968 46,782
Other 68,008 60,543
Total other assets 569,061 558,508
Total assets 2,558,996 3,037,591
Current liabilities:    
Revolving and other lines of credit and notes payable to banks (Note 10) 46,458 500,368
Current operating lease liabilities 13,454 13,246
Accounts payable 136,076 164,641
Accrued income taxes 17,769 27,938
Accrued expenses 46,153 47,610
Other current liabilities 155,663 144,277
Total current liabilities 415,573 898,080
Long-term debt, less current maturities (Note 10) 593,250 594,083
Operating lease liabilities 35,789 35,372
Deferred income taxes 21,970 21,796
Accrued pension and postretirement benefits 180,697 175,458
Accrued income taxes 9,802 9,584
Other liabilities 35,533 34,430
Total liabilities 1,292,614 1,768,803
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; 83,251 and 82,923 shares issued, respectively 104,064 103,654
Additional paid-in capital 540,374 538,575
Retained earnings 966,596 1,004,898
Accumulated other comprehensive loss (385,648) (417,242)
Total Kennametal Shareholders' Equity 1,225,386 1,229,885
Noncontrolling interests 40,996 38,903
Total equity 1,266,382 1,268,788
Total liabilities and equity $ 2,558,996 $ 3,037,591
Common Stock, Par or Stated Value Per Share $ 1.25 $ 1.25
Preferred Stock, No Par Value $ 0 $ 0
Preferred Stock, Shares Authorized 5,000 5,000