A summary of the changes in the carrying amounts of total equity, Kennametal Shareowners’ equity and equity attributable to noncontrolling interests as of December 31, 2013 and 2012 is as follows:



	Kennametal Shareowners’ 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, 2013	$	97,303		$	374,300		$	1,399,227		$	(89,004	)	$	30,467		$	1,812,293
Net income	—			—			62,046			—			679			62,725
Other comprehensive income	—			—			—			37,571			227			37,798
Dividend reinvestment	3			149			—			—			—			152
Capital stock issued under employee benefit and stock plans	1,056			21,926			—			—			—			22,982
Purchase of capital stock	(128		)	(4,272		)	—			—			—			(4,400		)
Cash dividends paid	—			—			(28,180		)	—			(66		)	(28,246		)
Balance as of December 31, 2013	$	98,234		$	392,103		$	1,433,093		$	(51,433	)	$	31,307		$	1,903,304



	Kennametal Shareowners’ 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, 2012	$	100,106		$	447,433		$	1,246,973		$	(150,662	)	$	24,371		$	1,668,221
Net income	—			—			88,532			—			1,823			90,355
Other comprehensive income	—			—			—			40,819			686			41,505
Dividend reinvestment	4			134			—			—			—			138
Capital stock issued under employee benefit and stock plans	415			18,601			—			—			—			19,016
Purchase of capital stock	(1,587		)	(45,029		)	—			—			—			(46,616		)
Cash dividends paid	—			—			(25,748		)	—			(1,949		)	(27,697		)
Purchase of noncontrolling interests	—			—			—			—			(479		)	(479		)
Balance as of December 31, 2012	$	98,938		$	421,139		$	1,309,757		$	(109,843	)	$	24,452		$	1,744,443