v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2026
Jun. 30, 2026
Current assets:    
Cash and cash equivalents $ 272,758 $ 95,791
Accounts receivable, less allowance for doubtful accounts of $9,173 and $8,812, respectively 429,863 408,438
Inventories (Note 9) 1,615,986 1,108,450
Other current assets 200,768 159,092
Total current assets 2,519,375 1,771,771
Property, plant and equipment:    
Land and buildings 452,718 439,537
Machinery and equipment 2,002,312 2,014,787
Less accumulated depreciation (1,634,960) (1,610,740)
Property, plant and equipment, net 820,070 843,584
Other assets:    
Goodwill (Note 17) 278,273 279,213
Other intangible assets, less accumulated amortization of $182,795 and $181,878, respectively (Note 17) 52,992 55,886
Operating lease right-of-use assets 44,574 45,803
Deferred income taxes 39,894 41,280
Other 125,060 129,215
Total other assets 540,793 551,397
Total assets 3,880,238 3,166,752
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 39,951 32,170
Current operating lease liabilities 11,901 11,718
Accounts payable 387,122 369,841
Accrued income taxes 75,389 15,967
Accrued expenses 51,571 67,924
Other current liabilities 164,906 179,088
Total current liabilities 730,840 676,708
Long-term debt, less current maturities (Note 10) 1,094,084 685,280
Operating lease liabilities 33,173 34,538
Deferred income taxes 30,829 31,016
Accrued pension and postretirement benefits 101,891 102,049
Accrued income taxes 822 2,578
Other liabilities 20,609 21,146
Total liabilities 2,012,248 1,553,315
Commitments and contingencies (Note 18)
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; 76,839 and 76,213 shares issued, respectively 96,049 95,267
Additional paid-in capital 389,316 390,310
Retained earnings 1,739,640 1,483,297
Accumulated other comprehensive loss (401,870) (399,030)
Total Kennametal Shareholders’ Equity 1,823,135 1,569,844
Noncontrolling interests 44,855 43,593
Total equity 1,867,990 1,613,437
Total liabilities and equity $ 3,880,238 $ 3,166,752