v3.24.2.u1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Net revenue $ 4,685,297 $ 4,222,993 $ 3,578,127
Cost of sales (exclusive of amortization shown separately below) 1,997,031 1,836,935 1,514,166
Amortization of acquired intangible assets 32,963 30,396 39,650
Total cost of sales 2,029,994 1,867,331 1,553,816
Gross profit 2,655,303 2,355,662 2,024,311
Operating Expenses [Abstract]      
Selling, general, and administrative 917,136 874,003 737,508
Research and development 307,525 287,642 253,575
Amortization of acquired intangible assets 46,521 42,020 31,078
Restructuring expenses (note 18) 64,228 9,177 0
Acquisition related expenses 0 10,949 1,864
Total operating expenses 1,335,410 1,223,791 1,024,025
Income from operations 1,319,893 1,131,871 1,000,286
Other income (loss), net:      
Interest expense, net (45,708) (47,379) (22,312)
Loss attributable to equity method investments (note 6) (1,848) (7,265) (8,486)
(Loss) gain on equity investments (note 6) (4,045) 9,922 (12,202)
Gain on insurance recoveries 0 20,227 0
Other, net (3,494) (5,712) 3,197
Total other income (loss), net (55,095) (30,207) (39,803)
Income before income taxes 1,264,798 1,101,664 960,483
Income taxes (note 12) 243,847 204,108 181,046
Net income $ 1,020,951 $ 897,556 $ 779,437
Basic earnings per share (note 11) (in dollars per share) $ 6.94 $ 6.12 $ 5.34
Diluted earnings per share (note 11) (in dollars per share) 6.92 6.09 5.30
Dividend declared per share (in dollars per share) $ 1.92 $ 1.76 $ 1.68
Basic shares outstanding (000's) (in shares) 147,021 146,765 146,066
Diluted shares outstanding (000's) (in shares) 147,550 147,455 147,043
Sleep and Respiratory Care      
Net revenue $ 4,101,172 $ 3,725,017 $ 3,177,298
Cost of sales (exclusive of amortization shown separately below) 1,806,845 1,662,957 1,365,421
Amortization of acquired intangible assets 5,515 5,340 4,105
Software as a Service      
Net revenue 584,125 497,976 400,829
Cost of sales (exclusive of amortization shown separately below) 190,186 173,978 148,745
Amortization of acquired intangible assets $ 27,448 $ 25,056 $ 35,545

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