A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests as of September 30, 2017 and 2016 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, 2017	$	100,832		$	474,547		$	765,607		$	(323,692	)	$	35,359	$	1,052,653
Net income	—			—			39,183			—			455		39,638
Other comprehensive income	—			—			—			19,175			284		19,459
Dividend reinvestment	2			53			—			—			—		55
Capital stock issued under employee benefit and stock plans⁽³⁾	376			2,143			—			—			—		2,519
Purchase of capital stock	(2		)	(53		)	—			—			—		(55		)
Cash dividends paid	—			—			(16,191		)	—			—		(16,191		)
Balance as of September 30, 2017	$	101,208		$	476,690		$	788,599		$	(304,517	)	$	36,098	$	1,098,078



	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	—			—			(21,656		)	—			455		(21,201		)
Other comprehensive income	—			—			—			3,474			415		3,889
Dividend reinvestment	3			60			—			—			—		63
Capital stock issued under employee benefit and stock plans⁽³⁾	290			6,609			—			—			—		6,899
Purchase of capital stock	(3		)	(60		)	—			—			—		(63		)
Cash dividends paid	—			—			(15,980		)	—			—		(15,980		)
Balance as of September 30, 2016	$	99,908		$	443,226		$	742,961		$	(349,035	)	$	32,348	$	969,408