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Earnings per Common Share (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Earnings per Common Share                      
Net income attributable to Carpenter $ 40.9 $ 32.9 $ 33.0 $ 39.2 $ 40.8 $ 33.0 $ 23.6 $ 23.8 $ 146.1 $ 121.2 $ 71.0
Less: earnings and dividends allocated to participating securities                 (0.8) (1.1) (0.8)
Earnings available to Carpenter common shareholders                 $ 145.3 $ 120.1 $ 70.2
Weighted average number of common shares outstanding, basic 52.9 52.9 52.9 52.8 52.6 47.2 44.4 44.3 52.9 47.1 44.1
Basic earnings per common share (in dollars per share) $ 0.77 $ 0.62 $ 0.62 $ 0.74 $ 0.77 $ 0.69 $ 0.53 $ 0.53 $ 2.75 $ 2.55 $ 1.59
Effect of shares issuable under share based compensation plans                 0.5 0.7 0.6
Weighted average number of common shares outstanding, diluted 53.5 53.5 53.5 53.4 53.3 47.9 45.1 45.1 53.4 47.8 44.7
Diluted earnings per common share (in dollars per share) $ 0.77 $ 0.62 $ 0.62 $ 0.74 $ 0.77 $ 0.69 $ 0.52 $ 0.53 $ 2.73 $ 2.53 $ 1.59