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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 95,098 $ 106,021
Accounts receivable, less allowance for doubtful accounts of $8,185 and $8,759, respectively 288,655 307,313
Inventories (Note 9) 570,345 557,630
Other current assets 56,457 55,825
Total current assets 1,010,555 1,026,789
Property, plant and equipment:    
Land and buildings 412,338 416,291
Machinery and equipment 1,954,536 1,951,535
Less accumulated depreciation (1,408,628) (1,398,758)
Property, plant and equipment, net 958,246 969,068
Other assets:    
Goodwill (Note 17) 266,582 269,551
Other intangible assets, less accumulated amortization of $175,481 and $173,346, respectively (Note 17) 89,817 93,164
Operating lease right-of-use assets 43,000 43,036
Deferred income taxes 64,453 65,519
Other 80,107 80,107
Total other assets 543,959 551,377
Total assets 2,512,760 2,547,234
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 31,179 689
Current operating lease liabilities 11,712 11,379
Accounts payable 197,369 203,341
Accrued income taxes 19,170 25,143
Accrued expenses 42,191 55,635
Other current liabilities 118,225 137,788
Total current liabilities 419,846 433,975
Long-term debt, less current maturities (Note 10) 595,374 595,172
Operating lease liabilities 31,786 32,178
Deferred income taxes 31,410 32,062
Accrued pension and postretirement benefits 112,542 115,536
Accrued income taxes 1,545 1,446
Other liabilities 21,506 22,697
Total liabilities 1,214,009 1,233,066
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; 79,818 and 79,835 shares issued, respectively 99,773 99,794
Additional paid-in capital 453,385 465,406
Retained earnings 1,138,712 1,124,590
Accumulated other comprehensive loss (431,512) (414,343)
Total Kennametal Shareholders' Equity 1,260,358 1,275,447
Noncontrolling interests 38,393 38,721
Total equity 1,298,751 1,314,168
Total liabilities and equity $ 2,512,760 $ 2,547,234
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