Inventories (Tables)

9 Months Ended

Mar. 31, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:

(in thousands)	March 31, 2015			June 30, 2014
Finished goods	$	345,617		$	371,599
Work in process and powder blends	269,584			308,129
Raw materials	116,160			126,004
Inventories at current cost	731,361			805,732
Less: LIFO valuation	(98,882		)	(101,966		)
Total inventories	$	632,479		$	703,766