A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests as of March 31, 2015 and 2014 is as follows:



	Kennametal Shareholders’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of June 30, 2014	$	98,340		$	395,890		$	1,501,157		$	(66,131	)	$	32,352		$	1,961,608
Net (loss) income	—			—			(395,043		)	—			1,914			(393,129		)
Other comprehensive loss	—			—			—			(140,287		)	(3,537		)	(143,824		)
Dividend reinvestment	7			237			—			—			—			244
Capital stock issued under employee benefit and stock plans	740			19,210			—			—			—			19,950
Purchase of capital stock	(7		)	(237		)	—			—			—			(244		)
Cash dividends paid	—			—			(42,699		)	—			(47		)	(42,746		)
Balance as of March 31, 2015	$	99,080		$	415,100		$	1,063,415		$	(206,418	)	$	30,682		$	1,401,859



	Kennametal Shareholders’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of June 30, 2013	$	97,303		$	374,300		$	1,399,227		$	(89,004	)	$	30,467		$	1,812,293
Net income	—			—			112,911			—			1,808			114,719
Other comprehensive income	—			—			—			34,184			547			34,731
Dividend reinvestment	6			223			—			—			—			229
Capital stock issued under employee benefit and stock plans	1,241			27,758			—			—			—			28,999
Purchase of capital stock	(412		)	(13,651		)	—			—			—			(14,063		)
Cash dividends paid	—			—			(42,285		)	—			(65		)	(42,350		)
Balance as of March 31, 2014	$	98,138		$	388,630		$	1,469,853		$	(54,820	)	$	32,757		$	1,934,558