Inventories (Tables)

9 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:

(in thousands)	March 31, 2016			June 30, 2015
Finished goods	$	300,941		$	324,840
Work in process and powder blends	180,854			249,629
Raw materials	67,511			100,881
Inventories at current cost	549,306			675,350
Less: LIFO valuation	(63,916		)	(99,819		)
Total inventories	$	485,390		$	575,531