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Inventories

3 Months Ended

Sep. 30, 2025

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

We used the last-in, first-out (LIFO) method of valuing inventories for 33 percent and 34 percent of total inventories at September 30, 2025 and June 30, 2025, respectively. Inventory valuations under the LIFO method are based on an annual determination of quantities and costs as of June 30 of each year; therefore, the interim LIFO valuations are based on our projections of expected year-end inventory levels and costs and are subject to any final year-end LIFO inventory adjustments.

Inventories consisted of the following: 

(in thousands)			September 30, 2025						June 30, 2025
Finished goods			$	329,202					$	328,243
Work in process and powder blends			250,392						225,726
Raw materials			102,432						90,257
Inventories at current cost			682,026						644,226
Less: LIFO valuation			(116,832)						(105,989)
Total inventories			$	565,194					$	538,237

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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