A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the three months ending March 31, 2019 and 2018 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 December 31, 2018	$	102,700		$	522,413		$	979,259		$	(334,632	)	$	38,544		$	1,308,284
Net income	—			—			68,550			—			1,578			70,128
Other comprehensive income	—			—			—			992			34			1,026
Dividend reinvestment	2			52			—			—			—			54
Capital stock issued under employee benefit and stock plans⁽³⁾	258			2,029			—			—			—			2,287
Purchase of capital stock	(2		)	(52		)	—			—			—			(54		)
Additions to noncontrolling interest	—			—			—			—			443			443
Cash dividends	—			—			(16,448		)	—			(315		)	(16,763		)
Total equity, March 31, 2019	$	102,958		$	524,442		$	1,031,361		$	(333,640	)	$	40,284		$	1,365,405



	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 December 31, 2017	$	101,897		$	500,388		$	813,936		$	(289,816	)	$	37,543		$	1,163,948
Net income	—			—			50,866			—			2,245			53,111
Other comprehensive income	—			—			—			19,722			270			19,992
Dividend reinvestment	2			52			—			—			—			54
Capital stock issued under employee benefit and stock plans⁽³⁾	135			6,514			—			—			—			6,649
Purchase of capital stock	(2		)	(52		)	—			—			—			(54		)
Cash dividends	—			—			(16,317		)	—			(1,229		)	(17,546		)
Total equity, March 31, 2018	$	102,032		$	506,902		$	848,485		$	(270,094	)	$	38,829		$	1,226,154

A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the nine months ending March 31, 2019 and 2018 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, 2018	$	102,058		$	511,909		$	900,683		$	(320,325	)	$	36,002		$	1,230,327
Net income	—			—			179,946			—			4,852			184,798
Other comprehensive loss	—			—			—			(13,315		)	(698		)	(14,013		)
Dividend reinvestment	5			156			—			—			—			161
Capital stock issued under employee benefit and stock plans⁽³⁾	900			12,533			—			—			—			13,433
Purchase of capital stock	(5		)	(156		)	—			—			—			(161		)
Additions to noncontrolling interest	—			—			—			—			443			443
Cash dividends	—			—			(49,268		)	—			(315		)	(49,583		)
Total equity, March 31, 2019	$	102,958		$	524,442		$	1,031,361		$	(333,640	)	$	40,284		$	1,365,405



	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	—			—			131,651			—			3,256			134,907
Other comprehensive income	—			—			—			53,598			1,443			55,041
Dividend reinvestment	5			158			—			—			—			163
Capital stock issued under employee benefit and stock plans⁽³⁾	1,200			32,355			—			—			—			33,555
Purchase of capital stock	(5		)	(158		)	—			—			—			(163		)
Cash dividends	—			—			(48,773		)	—			(1,229		)	(50,002		)
Total equity, March 31, 2018	$	102,032		$	506,902		$	848,485		$	(270,094	)	$	38,829		$	1,226,154

⁽³⁾ Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.