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Segment Data (Tables)
12 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Data
Segment data is summarized as follows: 
(in thousands)
2016
 
2015
 
2014
Sales:
 
 
 
 
 
Industrial
$
1,269,162

 
$
1,461,744

 
$
1,524,075

Infrastructure
829,274

 
1,185,451

 
1,313,115

Total sales
$
2,098,436

 
$
2,647,195

 
$
2,837,190

 
 
 
 
 
 
Operating (loss) income:
 
 
 
 
 
Industrial
$
81,243

 
$
160,894

 
$
177,040

Infrastructure
(246,306
)
 
(509,381
)
 
94,940

Corporate
(9,880
)
 
(9,336
)
 
(8,548
)
Total operating (loss) income
$
(174,943
)
 
$
(357,823
)
 
$
263,432

 
 
 
 
 
 
Interest expense
$
27,752

 
$
31,466

 
$
32,451

Other (income) expense, net
(4,124
)
 
(1,674
)
 
2,172

(Loss) income before income taxes
$
(198,571
)
 
$
(387,615
)
 
$
228,809

 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
   Industrial
$
62,942

 
$
64,188

 
$
65,820

   Infrastructure
54,459

 
67,413

 
64,339

Corporate
65

 
63

 
63

Total depreciation and amortization
$
117,466

 
$
131,664

 
$
130,222

 
 
 
 
 
 
Equity income:
 
 
 
 
 
   Industrial
$

 
$

 
$
34

   Infrastructure
(10
)
 
6

 
50

Total equity income
$
(10
)
 
$
6

 
$
84

 
 
 
 
 
 
Total assets:
 
 
 
 
 
   Industrial
$
1,215,226

 
$
1,259,270

 
$
1,449,688

   Infrastructure
849,447

 
1,279,608

 
1,986,724

   Corporate
304,120

 
310,651

 
431,674

Total assets
$
2,368,793

 
$
2,849,529

 
$
3,868,086

 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
   Industrial
$
80,560

 
$
64,497

 
$
71,628

   Infrastructure
30,137

 
36,442

 
45,748

Total capital expenditures
$
110,697

 
$
100,939

 
$
117,376

 
 
 
 
 
 
Investments in affiliated companies:
 
 
 
 
 
   Industrial
$

 
$

 
$

   Infrastructure
2

 
361

 
495

Total investments in affiliated companies
$
2

 
$
361

 
$
495

Geographic Information for Sales [Table Text Block]
Geographic information for sales, based on country of origin, and assets is as follows:
(in thousands)
2016
 
2015
 
2014
Sales:
 
 
 
 
 
   United States
$
897,399

 
$
1,176,622

 
$
1,198,541

   Germany
334,366

 
442,009

 
511,209

   China
210,124

 
246,953

 
248,212

   India
77,934

 
85,193

 
81,455

   Italy
69,821

 
85,530

 
107,511

   France
56,264

 
59,772

 
63,473

   Canada
55,812

 
73,912

 
78,163

   United Kingdom
50,723

 
70,600

 
105,041

   Other
345,993

 
406,604

 
443,585

Total sales
$
2,098,436

 
$
2,647,195

 
$
2,837,190

 
 
 
 
 
 
Total assets:
 
 
 
 
 
   United States
$
1,075,330

 
$
1,338,594

 
$
1,842,453

   Germany
327,679

 
394,491

 
538,661

   China
233,200

 
274,774

 
341,949

   Switzerland
189,498

 
194,139

 
264,928

   India
91,544

 
97,463

 
94,897

   Canada
57,174

 
60,492

 
133,481

   Italy
50,352

 
94,978

 
178,141

   United Kingdom
48,507

 
71,342

 
79,657

   Other
295,509

 
323,256

 
393,919

Total assets:
$
2,368,793

 
$
2,849,529

 
$
3,868,086

Revenue from External Customers by Products and Services [Table Text Block]
Approximate sales by end markets as a percentage of consolidated sales are as follows:
 
2016
 
2015
 
2014
End markets:
 
 
 
 
 
General engineering
38
%
 
36
%
 
31
%
Transportation
21

 
21

 
21

Energy
17

 
19

 
23

Earthworks
16

 
17

 
19

Aerospace and defense
8

 
7

 
6

Total
100
%
 
100
%
 
100
%