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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 99,982 $ 154,047
Accounts receivable, less allowance for doubtful accounts of $9,367 and $9,734, respectively 311,635 302,945
Inventories (Note 9) 562,042 476,345
Other current assets 69,582 71,470
Total current assets 1,043,241 1,004,807
Property, plant and equipment:    
Land and buildings 413,760 413,865
Machinery and equipment 1,940,497 1,959,176
Less accumulated depreciation (1,341,997) (1,317,906)
Property, plant and equipment, net 1,012,260 1,055,135
Other assets:    
Goodwill (Note 17) 271,268 277,615
Other intangible assets, less accumulated amortization of $159,163 and $153,972, respectively (Note 17) 110,029 120,041
Operating lease right-of-use assets 46,175 50,341
Deferred income taxes 55,744 58,742
Other 120,796 99,080
Total other assets 604,012 605,819
Total assets 2,659,513 2,665,761
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 28,736 8,365
Current operating lease liabilities 13,127 14,220
Accounts payable 197,687 177,659
Accrued income taxes 36,910 18,059
Accrued expenses 50,672 61,489
Other current liabilities 133,233 157,602
Total current liabilities 460,365 437,394
Long-term debt, less current maturities (Note 10) 593,138 592,108
Operating lease liabilities 33,635 36,800
Deferred income taxes 23,760 23,710
Accrued pension and postretirement benefits 158,940 171,067
Accrued income taxes 3,655 4,246
Other liabilities 24,218 32,231
Total liabilities 1,297,711 1,297,556
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; 83,074 and 83,614 shares issued, respectively 103,298 104,518
Additional paid-in capital 524,657 562,820
Retained earnings 1,045,445 992,597
Accumulated other comprehensive loss (353,275) (330,327)
Total Kennametal Shareholders' Equity 1,320,125 1,329,608
Noncontrolling interests 41,677 38,597
Total equity 1,361,802 1,368,205
Total liabilities and equity $ 2,659,513 $ 2,665,761
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