Inventories (Tables)

6 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:

(in thousands)	December 31, 2016			June 30, 2016
Finished goods	$	280,427		$	284,054
Work in process and powder blends	150,881			166,274
Raw materials	76,003			68,472
Inventories at current cost	507,311			518,800
Less: LIFO valuation	(57,421		)	(59,970		)
Total inventories	$	449,890		$	458,830