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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 93,474 $ 85,586
Accounts receivable, less allowance for doubtful accounts of $9,214 and $9,422, respectively 313,866 295,346
Inventories 595,088 570,836
Other current assets 76,607 72,940
Total current assets 1,079,035 1,024,708
Property, plant and equipment:    
Land and buildings 416,432 410,039
Machinery and equipment 1,941,238 1,904,872
Less accumulated depreciation (1,382,753) (1,312,870)
Property, plant and equipment, net 974,917 1,002,041
Other assets:    
Goodwill 268,784 264,230
Other intangible assets, less accumulated amortization of $167,120 and $160,699, respectively 96,562 105,725
Operating lease right-of-use assets 41,180 47,206
Deferred income taxes 57,387 54,602
Other 85,716 75,012
Total other assets 549,629 546,775
Total assets 2,603,581 2,573,524
Current liabilities:    
Revolving and other lines of credit and notes payable 64,055 21,186
Current operating lease liabilities 11,145 12,387
Accounts payable 197,158 227,887
Accrued income taxes 41,546 29,476
Accrued expenses 46,851 56,310
Other current liabilities 127,974 138,403
Total current liabilities 488,729 485,649
Long-term debt, less current maturities 594,970 594,364
Operating lease liabilities 30,581 35,342
Deferred income taxes 32,584 32,185
Accrued pension and postretirement benefits 116,771 112,995
Accrued income taxes 0 6,369
Other liabilities 23,630 15,373
Total liabilities 1,287,265 1,282,277
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; 80,512 and 81,337 shares issued, respectively 100,342 101,671
Additional paid-in capital 470,709 494,202
Retained earnings 1,104,219 1,070,655
Accumulated other comprehensive loss (399,251) (413,951)
Total Kennametal Shareholders' Equity 1,276,019 1,252,577
Noncontrolling interests 40,297 38,670
Total equity 1,316,316 1,291,247
Total liabilities and equity $ 2,603,581 $ 2,573,524
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