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Equity
6 Months Ended
Dec. 31, 2016
Equity [Abstract]  
EQUITY
EQUITY
A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests as of December 31, 2016 and 2015 is as follows:
 
Kennametal Shareholders’ 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, 2016
$
99,618

 
$
436,617

 
$
780,597

 
$
(352,509
)
 
$
31,478

 
$
995,801

Net (loss) income

 

 
(14,394
)
 

 
1,108

 
(13,286
)
Other comprehensive income

 

 

 
(29,645
)
 
(639
)
 
(30,284
)
Dividend reinvestment
5

 
122

 

 

 

 
127

Capital stock issued under employee benefit and stock plans(4)
464

 
14,028

 

 

 

 
14,492

Purchase of capital stock
(5
)
 
(122
)
 

 

 

 
(127
)
Cash dividends paid

 

 
(31,970
)
 

 
(72
)
 
(32,042
)
Balance as of December 31, 2016
$
100,082

 
$
450,645

 
$
734,233

 
$
(382,154
)
 
$
31,875

 
$
934,681

 
 
Kennametal Shareholders’ 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, 2015
$
99,219

 
$
419,829

 
$
1,070,282

 
$
(243,523
)
 
$
29,628

 
$
1,375,435

Net (loss) income

 

 
(175,453
)
 

 
939

 
(174,514
)
Other comprehensive loss

 

 

 
(20,904
)
 
(1,067
)
 
(21,971
)
Dividend reinvestment
8

 
159

 

 

 

 
167

Capital stock issued under employee benefit and stock plans(4)
369

 
6,874

 

 

 

 
7,243

Purchase of capital stock
(8
)
 
(159
)
 

 

 

 
(167
)
Cash dividends paid

 

 
(31,845
)
 

 
(71
)
 
(31,916
)
Balance as of December 31, 2015
$
99,588

 
$
426,703

 
$
862,984

 
$
(264,427
)
 
$
29,429

 
$
1,154,277


(4) Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.

The amounts of comprehensive loss attributable to Kennametal Shareholders and noncontrolling interests are disclosed in the condensed consolidated statements of comprehensive income.