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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 90,735 $ 106,021
Accounts receivable, less allowance for doubtful accounts of $8,185 and $8,759, respectively 290,547 307,313
Inventories (Note 9) 570,785 557,630
Other current assets 57,753 55,825
Total current assets 1,009,820 1,026,789
Property, plant and equipment:    
Land and buildings 416,804 416,291
Machinery and equipment 1,999,244 1,951,535
Less accumulated depreciation (1,454,652) (1,398,758)
Property, plant and equipment, net 961,396 969,068
Other assets:    
Goodwill (Note 17) 275,916 269,551
Other intangible assets, less accumulated amortization of $175,481 and $173,346, respectively (Note 17) 87,598 93,164
Operating lease right-of-use assets 47,294 43,036
Deferred income taxes 74,491 65,519
Other 87,837 80,107
Total other assets 573,136 551,377
Total assets 2,544,352 2,547,234
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 23,315 689
Current operating lease liabilities 12,301 11,379
Accounts payable 193,002 203,341
Accrued income taxes 14,680 25,143
Accrued expenses 42,128 55,635
Other current liabilities 128,682 137,788
Total current liabilities 414,108 433,975
Long-term debt, less current maturities (Note 10) 595,576 595,172
Operating lease liabilities 35,014 32,178
Deferred income taxes 32,376 32,062
Accrued pension and postretirement benefits 116,655 115,536
Accrued income taxes 1,507 1,446
Other liabilities 21,012 22,697
Total liabilities 1,216,248 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 99,071 99,794
Additional paid-in capital 444,162 465,406
Retained earnings 1,145,911 1,124,590
Accumulated other comprehensive loss (401,321) (414,343)
Total Kennametal Shareholders' Equity 1,287,823 1,275,447
Noncontrolling interests 40,281 38,721
Total equity 1,328,104 1,314,168
Total liabilities and equity $ 2,544,352 $ 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