A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests as of December 31, 2016 and 2015 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, 2016	$	99,618		$	436,617		$	780,597		$	(352,509	)	$	31,478		$	995,801
Net (loss) income	—			—			(14,394		)	—			1,108			(13,286		)
Other comprehensive income	—			—			—			(29,645		)	(639		)	(30,284		)
Dividend reinvestment	5			122			—			—			—			127
Capital stock issued under employee benefit and stock plans⁽⁴⁾	464			14,028			—			—			—			14,492
Purchase of capital stock	(5		)	(122		)	—			—			—			(127		)
Cash dividends paid	—			—			(31,970		)	—			(72		)	(32,042		)
Balance as of December 31, 2016	$	100,082		$	450,645		$	734,233		$	(382,154	)	$	31,875		$	934,681



	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, 2015	$	99,219		$	419,829		$	1,070,282		$	(243,523	)	$	29,628		$	1,375,435
Net (loss) income	—			—			(175,453		)	—			939			(174,514		)
Other comprehensive loss	—			—			—			(20,904		)	(1,067		)	(21,971		)
Dividend reinvestment	8			159			—			—			—			167
Capital stock issued under employee benefit and stock plans⁽⁴⁾	369			6,874			—			—			—			7,243
Purchase of capital stock	(8		)	(159		)	—			—			—			(167		)
Cash dividends paid	—			—			(31,845		)	—			(71		)	(31,916		)
Balance as of December 31, 2015	$	99,588		$	426,703		$	862,984		$	(264,427	)	$	29,429		$	1,154,277