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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 114,307 $ 606,684
Accounts receivable, less allowance for doubtful accounts of $9,653 and $9,430, respectively 303,210 237,983
Inventories (Note 9) 476,164 522,447
Other current assets 73,235 73,698
Total current assets 966,916 1,440,812
Property, plant and equipment:    
Land and buildings 399,417 360,256
Machinery and equipment 1,973,528 1,913,967
Less accumulated depreciation (1,318,956) (1,235,952)
Property, plant and equipment, net 1,053,989 1,038,271
Other assets:    
Goodwill (Note 17) 276,048 270,580
Other intangible assets, less accumulated amortization of $149,320 and $137,386, respectively (Note 17) 123,687 132,568
Operating lease right-of-use assets 52,983 48,035
Deferred income taxes 55,999 46,782
Other 85,358 60,543
Total other assets 594,075 558,508
Total assets 2,614,980 3,037,591
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 18,745 500,368
Current operating lease liabilities 14,768 13,246
Accounts payable 164,481 164,641
Accrued income taxes 9,830 27,938
Accrued expenses 58,265 47,610
Other current liabilities 159,464 144,277
Total current liabilities 425,553 898,080
Long-term debt, less current maturities (Note 10) 591,672 594,083
Operating lease liabilities 38,858 35,372
Deferred income taxes 22,250 21,796
Accrued pension and postretirement benefits 177,931 175,458
Accrued income taxes 9,937 9,584
Other liabilities 31,198 34,430
Total liabilities 1,297,399 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; 83,583 and 82,923 shares issued, respectively 104,478 103,654
Additional paid-in capital 556,522 538,575
Retained earnings 974,215 1,004,898
Accumulated other comprehensive loss (358,803) (417,242)
Total Kennametal Shareholders' Equity 1,276,412 1,229,885
Noncontrolling interests 41,169 38,903
Total equity 1,317,581 1,268,788
Total liabilities and equity $ 2,614,980 $ 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