Balance Sheets-Additional Information

12 Months Ended

Jun. 30, 2022

Balance Sheets-Additional Information

Balance Sheets-Additional Information

5.   Balance Sheets—Additional Information

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As of June 30	2022		2021
Accounts receivable, net
Trade accounts receivable	$	170,047	$	150,659
Reserve for credit losses		(3,510)		(3,807)
	$	166,537	$	146,852

As of June 30	2022		2021
Reserve for credit losses
Balance at beginning of period	$	3,807	$	3,940
Provision for estimated credit losses		255		105
Effect of changes in exchange rates		(372)		26
Actual credit losses realized		(180)		(264)
Balance at end of period	$	3,510	$	3,807

As of June 30	2022		2021
Inventories
Raw materials	$	87,030	$	59,775
Work-in-process		15,468		12,738
Finished goods		156,660		143,799
	$	259,158	$	216,312

As of June 30	2022		2021
Property, plant and equipment, net
Land	$	11,927	$	9,994
Buildings and improvements		89,582		80,408
Machinery and equipment		274,298		263,696
Construction in progress		30,648		23,659
		406,455		377,757
Accumulated depreciation		(240,965)		(223,051)
	$	165,490	$	154,706

Certain facilities in Israel are on leased land. The leases expire in 2023, 2045 and 2062.

Property, plant and equipment, net includes internal-use software costs, net of accumulated depreciation, of $4,320 and $4,236 at June 30, 2022 and 2021, respectively.

	Weighted-
	Average
	Useful Life
As of June 30	(Years)	2022		2021
Intangibles, net
Cost
Technology	12	$	94,880	$	85,016
Product registrations, marketing and distribution rights	9		17,583		17,882
Customer relationships	12		30,246		31,115
Trade names, trademarks and other	5		5,480		3,857
			148,189		137,870
Accumulated amortization
Technology			(48,723)		(42,083)
Product registrations, marketing and distribution rights			(17,324)		(17,862)
Customer relationships			(15,285)		(12,588)
Trade names, trademarks and other			(2,996)		(3,055)
			(84,328)		(75,588)
		$	63,861	$	62,282

As of June 30	2022		2021
Goodwill
Balance at beginning of period	$	52,679	$	52,679
Acquisition		561		—
Effect of changes in exchange rates		(14)		—
Balance at end of period	$	53,226	$	52,679

As of June 30	2022		2021
Other assets
ROU operating lease assets	$	37,680	$	32,962
Deferred income taxes		5,849		9,861
Deposits		5,905		5,663
Insurance investments		5,984		5,964
Equity method investments		4,362		4,141
Derivative instruments		12,976		2,696
U.S. pension plan		—		1,184
Debt issuance costs		1,436		1,811
Other		8,698		8,467
	$	82,890	$	72,749

We evaluate our investments in equity method investees for impairment if circumstances indicate that the fair value of the investment may be impaired. The assets underlying a $2,735 equity investment are currently idle. We have concluded the investment is not impaired based on expected future operating cash flows and/or disposal value.

As of June 30	2022		2021
Accrued expenses and other current liabilities
Employee related	$	34,278	$	35,375
Current operating lease liabilities		6,051		6,618
Commissions and rebates		7,125		6,312
Professional fees		5,493		4,380
Income and other taxes		7,211		6,107
Derivative instruments		—		3,486
Contingent consideration		—		4,840
Restructuring costs		—		735
Insurance-related		1,174		1,176
Other		18,904		17,350
	$	80,236	$	86,379

As of June 30	2022		2021
Other liabilities
Long-term operating lease liabilities	$	31,508	$	28,003
Long-term and deferred income taxes		9,264		6,646
Supplemental retirement benefits, deferred compensation and other		7,368		8,382
U.S. pension plan		1,793		—
International retirement plans		4,620		5,345
Other long-term liabilities		5,947		7,594
	$	60,500	$	55,970

As of June 30	2022		2021
Accumulated other comprehensive loss
Derivative instruments	$	20,891	$	(790)
Foreign currency translation adjustment		(119,034)		(100,095)
Unrecognized net pension losses		(24,208)		(19,973)
(Provision) benefit for income taxes on derivative instruments		(5,281)		97
Benefit for income taxes on long-term intercompany investments		8,166		8,166
Provision for income taxes on net pension losses		(1,647)		(2,698)
	$	(121,113)	$	(115,293)