CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 138,978	$ 105,494
Accounts receivable, less allowance for doubtful accounts of $11,406 and $13,560, respectively	333,402	445,373
Inventories (Note 11)	477,499	575,531
Deferred income taxes	55,722	72,449
Other current assets	57,391	59,699
Total current assets	1,062,992	1,258,546
Property, plant and equipment:
Land and buildings	350,046	401,207
Machinery and equipment	1,509,418	1,573,597
Less accumulated depreciation	(1,139,935)	(1,158,979)
Property, plant and equipment, net	719,529	815,825
Other assets:
Investments in affiliated companies	2	361
Goodwill (Note 18)	297,975	417,389
Other intangible assets, less accumulated amortization of $104,964 and $153,370, respectively (Note 18)	216,027	286,669
Deferred income taxes	72,927	24,091
Other	70,800	46,648
Total other assets	657,731	775,158
Total assets	2,440,252	2,849,529
Current liabilities:
Current maturities of long-term debt and capital leases	5,444	8,129
Notes payable to banks	498	7,573
Accounts payable	151,597	187,381
Accrued income taxes	29,572	25,237
Accrued expenses	53,748	75,746
Other current liabilities	154,124	178,678
Total current liabilities	394,983	482,744
Long-term debt and capital leases, less current maturities (Note 12)	700,711	735,885
Deferred income taxes	15,310	59,744
Accrued pension and postretirement benefits	147,766	163,029
Accrued income taxes	2,274	3,002
Other liabilities	24,931	29,690
Total liabilities	$ 1,285,975	$ 1,474,094
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; 79,670 and 79,375 shares issued, respectively	99,588	99,219
Additional paid-in capital	426,703	419,829
Retained earnings	862,984	1,070,282
Accumulated other comprehensive loss	(264,427)	(243,523)
Total Kennametal Shareholders' Equity	1,124,848	1,345,807
Noncontrolling interests	29,429	29,628
Total equity	1,154,277	1,375,435
Total liabilities and equity	$ 2,440,252	$ 2,849,529