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Segment Data (Tables)
12 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment Data
Segment data is summarized as follows: 
(in thousands)
2015

 
2014

 
2013

Sales:
 
 
 
 
 
Industrial
$
1,461,744

 
$
1,524,075

 
$
1,386,690

Infrastructure
1,185,451

 
1,313,115

 
1,202,683

Total sales
$
2,647,195

 
$
2,837,190

 
$
2,589,373

 
 
 
 
 
 
Operating (loss) income:
 
 
 
 
 
Industrial
$
160,894

 
$
177,040

 
$
192,828

Infrastructure
(509,381
)
 
94,940

 
111,453

Corporate
(9,336
)
 
(8,548
)
 
(7,887
)
Total operating (loss) income
$
(357,823
)
 
$
263,432

 
$
296,394

 
 
 
 
 
 
Interest expense
$
31,466

 
$
32,451

 
$
27,472

Other (income) expense, net
(1,674
)
 
2,172

 
2,313

(Loss) income before income taxes
$
(387,615
)
 
$
228,809

 
$
266,609

 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
   Industrial
$
64,188

 
$
65,820

 
$
60,458

   Infrastructure
67,413

 
64,339

 
52,583

Corporate
63

 
63

 
63

Total depreciation and amortization
$
131,664

 
$
130,222

 
$
113,104

 
 
 
 
 
 
Equity income:
 
 
 
 
 
   Industrial
$

 
$
34

 
$

   Infrastructure
6

 
50

 
42

Total equity income
$
6

 
$
84

 
$
42

 
 
 
 
 
 
Total assets:
 
 
 
 
 
   Industrial
$
1,259,270

 
$
1,449,688

 
$
1,190,026

   Infrastructure
1,279,608

 
1,986,724

 
1,522,470

   Corporate
310,651

 
431,674

 
588,543

Total assets
$
2,849,529

 
$
3,868,086

 
$
3,301,039

 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
   Industrial
$
64,497

 
$
71,628

 
$
47,501

   Infrastructure
36,442

 
45,748

 
35,334

Total capital expenditures
$
100,939

 
$
117,376

 
$
82,835

 
 
 
 
 
 
Investments in affiliated companies:
 
 
 
 
 
   Industrial
$

 
$

 
$
234

   Infrastructure
361

 
495

 
437

Total investments in affiliated companies
$
361

 
$
495

 
$
671

Geographic Information for Sales [Table Text Block]
Geographic information for sales, based on country of origin, and assets is as follows:
(in thousands)
2015

 
2014

 
2013

Sales:
 
 
 
 
 
   United States
$
1,176,622

 
$
1,198,541

 
$
1,052,466

   Germany
442,009

 
511,209

 
454,807

   China
246,953

 
248,212

 
239,418

   Italy
85,530

 
107,511

 
94,183

   India
85,193

 
81,455

 
83,401

   Canada
73,912

 
78,163

 
93,257

   United Kingdom
70,600

 
105,041

 
92,614

   Other
466,376

 
507,058

 
479,227

Total sales
$
2,647,195

 
$
2,837,190

 
$
2,589,373

 
 
 
 
 
 
Total assets:
 
 
 
 
 
   United States
$
1,338,594

 
$
1,842,453

 
$
1,228,923

   Germany
394,491

 
538,661

 
646,983

   China
274,774

 
341,949

 
311,053

   Switzerland
194,139

 
264,928

 
207,000

   India
97,463

 
94,897


94,914

   Italy
94,978

 
178,141

 
172,764

   United Kingdom
71,342

 
79,657

 
107,738

   Canada
60,492

 
133,481

 
138,959

   Other
323,256

 
393,919

 
392,705

Total assets:
$
2,849,529

 
$
3,868,086

 
$
3,301,039

Revenue from External Customers by Products and Services [Table Text Block]
Approximate sales by end markets as a percentage of consolidated sales are as follows:
 
2015

 
2014

 
2013

End Markets:
 
 
 
 
 
General engineering
36
%
 
31
%
 
29
%
Transportation
21

 
21

 
21

Energy
19

 
23

 
23

Earthworks
17

 
19

 
20

Aerospace and defense
7

 
6

 
7

Total
100
%
 
100
%
 
100
%