Acquisition and Strategic Partnership (Tables)

12 Months Ended

Jun. 30, 2013

Acquisition and strategic partnership disclosures

Schedule of proforma results

	June 30,
($ in millions)	2012		2011
Revenue	$	2,339.6	$	2,125.3
Earnings	$	160.1	$	93.5
Earnings per Common Share
Basic	$	3.04	$	1.78
Diluted	$	3.01	$	1.77

Latrobe Acquisition

Acquisition and strategic partnership disclosures

Summary of purchase price allocation

($ in millions)	Preliminary Purchase Price Allocation as of June 30, 2012			Measurement Period Adjustments			Final Purchase Price Allocation
Accounts receivable	$	67.3		$	(0.3	)	$	67.0
Inventory	241.2			1.4			242.6
Property, plant and equipment	172.4			—			172.4
Intangible assets	87.1			—			87.1
Other	10.6			(0.8		)	9.8
Accounts Payable and accrued liabilities	(63.9		)	(0.2		)	(64.1		)
Long-term debt	(153.7		)	—			(153.7		)
Pension and other postretirement liabilities	(100.8		)	—			(100.8		)
Deferred income taxes	(47.7		)	2.7			(45.0		)
Total identifiable net assets	212.5			2.8			215.3
Goodwill	214.5			(2.8		)	211.7
Total purchase price, net of cash acquired	$	427.0		$	—		$	427.0

Amega West Services

Acquisition and strategic partnership disclosures

Summary of purchase price allocation

$ in millions
Net working capital, including $4.9 million of accounts payable to Carpenter effectively settled at closing	$	6.5
Property, plant and equipment	25.9
Customer relationships	5.2
Non-compete agreements	5.4
Trademarks and tradenames	1.9
Goodwill	9.7
Deferred tax liabilities	(0.6		)
Long-term debt	(12.4		)
Total purchase price	$	41.6