Inventories (Tables)

12 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following at June 30:

(in thousands)	2015			2014
Finished goods	$	324,840		$	371,599
Work in process and powder blends	249,629			308,129
Raw materials	100,881			126,004
Inventories at current cost	675,350			805,732
Less: LIFO valuation	(99,819		)	(101,966		)
Total inventories	$	575,531		$	703,766