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Inventories (Tables)

6 Months Ended

Dec. 31, 2014

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:

(in thousands)	December 31, 2014				June 30, 2014
Finished goods	$	362,979			$	371,599
Work in process and powder blends	286,841				308,129
Raw materials	110,756				126,004
Inventories at current cost	760,576				805,732
Less: LIFO valuation	(97,693		)		(101,966		)
Total inventories	$	662,883			$	703,766

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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