XML 32 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equity
 9 Months Ended
Mar. 31, 2017
Equity [Abstract]  
EQUITY
EQUITY
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, 2017 and 2016 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 income
—

 
—

 
24,495

 
—

 
1,873

 
26,368

Other comprehensive (loss) income
—

 
—

 
—

 
(16,228
)
 
330

 
(15,898
)
Dividend reinvestment
7

 
181

 
—

 
—

 
—

 
188

Capital stock issued under employee benefit and stock plans(5)
697

 
20,688

 
—

 
—

 
—

 
21,385

Purchase of capital stock
(7
)
 
(181
)
 
—

 
—

 
—

 
(188
)
Cash dividends paid
—

 
—

 
(48,013
)
 
—

 
(72
)
 
(48,085
)
Balance as of March 31, 2017
$
100,315

 
$
457,305

 
$
757,079

 
$
(368,737
)
 
$
33,609

 
$
979,571

 
 
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
—

 
—

 
(159,454
)
 
—

 
1,634

 
(157,820
)
Other comprehensive loss
—

 
—

 
—

 
(5,656
)
 
(540
)
 
(6,196
)
Dividend reinvestment
12

 
219

 
—

 
—

 
—

 
231

Capital stock issued under employee benefit and stock plans(5)
380

 
10,863

 
—

 
—

 
—

 
11,243

Purchase of capital stock
(12
)
 
(219
)
 
—

 
—

 
—

 
(231
)
Cash dividends paid
—

 
—

 
(47,780
)
 
—

 
(71
)
 
(47,851
)
Balance as of March 31, 2016
$
99,599

 
$
430,692

 
$
863,048

 
$
(249,179
)
 
$
30,651

 
$
1,174,811


(5) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.

The amounts of comprehensive loss attributable to Kennametal Shareholders and noncontrolling interests are disclosed in the condensed consolidated statements of comprehensive income.