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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 92,119 $ 106,021
Accounts receivable, less allowance for doubtful accounts of $8,185 and $8,759, respectively 303,456 307,313
Inventories (Note 9) 547,654 557,630
Other current assets 56,708 55,825
Total current assets 999,937 1,026,789
Property, plant and equipment:    
Land and buildings 415,651 416,291
Machinery and equipment 1,997,529 1,951,535
Less accumulated depreciation (1,465,471) (1,398,758)
Property, plant and equipment, net 947,709 969,068
Other assets:    
Goodwill (Note 17) 272,151 269,551
Other intangible assets, less accumulated amortization of $175,481 and $173,346, respectively (Note 17) 84,406 93,164
Operating lease right-of-use assets 48,179 43,036
Deferred income taxes 71,823 65,519
Other 94,440 80,107
Total other assets 570,999 551,377
Total assets 2,518,645 2,547,234
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 12,302 689
Current operating lease liabilities 12,410 11,379
Accounts payable 192,769 203,341
Accrued income taxes 13,682 25,143
Accrued expenses 45,209 55,635
Other current liabilities 136,873 137,788
Total current liabilities 413,245 433,975
Long-term debt, less current maturities (Note 10) 595,778 595,172
Operating lease liabilities 35,954 32,178
Deferred income taxes 31,952 32,062
Accrued pension and postretirement benefits 114,085 115,536
Accrued income taxes 1,486 1,446
Other liabilities 20,251 22,697
Total liabilities 1,212,751 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 98,329 99,794
Additional paid-in capital 435,787 465,406
Retained earnings 1,149,034 1,124,590
Accumulated other comprehensive loss (418,591) (414,343)
Total Kennametal Shareholders' Equity 1,264,559 1,275,447
Noncontrolling interests 41,335 38,721
Total equity 1,305,894 1,314,168
Total liabilities and equity $ 2,518,645 $ 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