Segment Data (Tables)

12 Months Ended

Jun. 30, 2017

Segment data is summarized as follows:



(in thousands)	2017			2016			2015
Sales:
Industrial⁽⁷⁾	$	1,126,309		$	1,098,439		$	1,269,786
Widia ⁽⁷⁾	177,662			170,723			191,958
Infrastructure	754,397			829,274			1,185,451
Total sales	$	2,058,368		$	2,098,436		$	2,647,195

Operating income (loss):
Industrial⁽⁷⁾	$	82,842		$	90,324		$	165,434
Widia ⁽⁷⁾	(9,606		)	(9,081		)	(4,540		)
Infrastructure	40,011			(246,306		)	(509,381		)
Corporate	(303		)	(9,880		)	(9,336		)
Total operating income (loss)	$	112,944		$	(174,943	)	$	(357,823	)

Interest expense	$	28,842		$	27,752		$	31,466
Other expense (income), net	2,227			(4,124		)	(1,674		)
Income (loss) before income taxes	$	81,875		$	(198,571	)	$	(387,615	)

Depreciation and amortization:
Industrial⁽⁷⁾	$	54,269		$	52,523		$	54,237
Widia ⁽⁷⁾	10,728			10,419			9,951
Infrastructure	42,596			54,459			67,413
Corporate	63			65			63
Total depreciation and amortization	$	107,656		$	117,466		$	131,664

Total assets:
Industrial⁽⁷⁾	$	1,103,686		$	1,019,887		$	1,059,278
Widia ⁽⁷⁾	191,626			195,339			199,992
Infrastructure	813,747			849,447			1,279,608
Corporate ⁽⁸⁾	306,437			298,110			304,777
Total assets	$	2,415,496		$	2,362,783		$	2,843,655

Capital expenditures:
Industrial⁽⁷⁾	$	70,281		$	66,467		$	55,301
Widia ⁽⁷⁾	17,853			14,093			9,196
Infrastructure	29,884			30,137			36,442
Total capital expenditures	$	118,018		$	110,697		$	100,939

⁽⁷⁾ Amounts for 2016 and 2015 and as of June 30, 2016 and June 30, 2015 have been restated to reflect the change in reportable operating segments.

⁽⁸⁾ Amounts as of June 30, 2016 and June 30, 2015 have been restated to reflect the adopted of FASB guidance on the presentation of debt issuance costs.

Geographic Information for Sales [Table Text Block]

Geographic information for sales, based on country where the sale originated, and assets is as follows:



(in thousands)	2017		2016		2015
Sales:
United States	$	897,326	$	897,399	$	1,176,622
Germany	282,347		334,366		442,009
China	220,561		210,124		246,953
India	84,769		77,934		85,193
Italy	59,967		69,821		85,530
Canada	56,628		55,812		73,912
France	56,231		56,264		59,772
United Kingdom	39,731		50,723		70,600
Other	360,808		345,993		406,604
Total sales	$	2,058,368	$	2,098,436	$	2,647,195

Total assets:
United States ⁽⁸⁾	$	1,075,444	$	1,069,320	$	1,332,720
Germany	347,226		327,679		394,491
China	239,908		233,200		274,774
Switzerland	197,783		189,498		194,139
India	98,602		91,544		97,463
Canada	58,337		57,174		60,492
Italy	48,990		50,352		94,978
United Kingdom	48,729		48,507		71,342
Other	300,477		295,509		323,256
Total assets:	$	2,415,496	$	2,362,783	$	2,843,655

⁽⁸⁾ Amounts as of June 30, 2016 and June 30, 2015 have been restated to reflect the adopted of FASB guidance on the presentation of debt issuance costs.

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:



	2017		2016		2015
End markets:
General engineering	39	%	38	%	36	%
Transportation	20		21		21
Energy	18		17		19
Earthworks	15		16		17
Aerospace and defense	8		8		7
Total	100	%	100	%	100	%