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, 2018 and 2017 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, 2017	$	100,832		$	474,547		$	765,607		$	(323,692	)	$	35,359		$	1,052,653
Net income	—			—			131,651			—			3,256			134,907
Other comprehensive income	—			—			—			53,598			1,443			55,041
Dividend reinvestment	5			158			—			—			—			163
Capital stock issued under employee benefit and stock plans⁽³⁾	1,200			32,355			—			—			—			33,555
Purchase of capital stock	(5		)	(158		)	—			—			—			(163		)
Cash dividends	—			—			(48,773		)	—			(1,229		)	(50,002		)
Balance as of March 31, 2018	$	102,032		$	506,902		$	848,485		$	(270,094	)	$	38,829		$	1,226,154



	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⁽³⁾	697			20,688			—			—			—			21,385
Purchase of capital stock	(7		)	(181		)	—			—			—			(188		)
Cash dividends	—			—			(48,013		)	—			(72		)	(48,085		)
Balance as of March 31, 2017	$	100,315		$	457,305		$	757,079		$	(368,737	)	$	33,609		$	979,571

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