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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Consolidated Statements of Income [Abstract]      
Net sales $ 705,544 $ 641,863 $ 472,658
Cost of goods sold 552,873 488,018 390,093
Selling, general, and administrative expenses 61,623 54,739 47,875
Research and development 127 87 200
Business interruption insurance recovery (450) 0 0
Restructuring charges 0 0 (81)
(Gain) loss on sale of business (54) 4,249 (19,715)
Operating income 91,425 94,770 54,286
Other income (expense):      
Interest income 243 214 318
Interest expense, net of capitalized interest (7,610) [1] (3,198) [1] (4,372) [1]
Foreign exchange gain (loss) 1,191 (390) 3,811
Other income 1,387 1,318 764
Income before provision for income taxes 86,636 92,714 54,807
Provision for income taxes 28,760 35,988 20,539
Net income 57,876 56,726 34,268
Income attributable to noncontrolling interest, net of tax (3,306) (3,918) (167)
Net income attributable to Globe Specialty Metals, Inc. $ 54,570 $ 52,808 $ 34,101
Weighted average shares outstanding:      
Basic (in shares) 75,038,674 74,924,947 73,511,696
Diluted (in shares) 76,623,892 76,624,345 74,770,147
Earnings per common share:      
Basic (in dollars per share) $ 0.73 $ 0.70 $ 0.46
Diluted (in dollars per share) $ 0.71 $ 0.69 $ 0.46
Cash dividends declared per common share (in dollars per share) $ 0.20 $ 0.15 $ 0
[1] Net of capitalized interest.