Segment and Geographic Reporting (Tables)

12 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Financial Information of Company's Operation by Segment

The following tables summarize selected financial information of our operations by segment:

	Networking		Materials		Lasers		Unallocated & Other		Total
($000)
2023
Revenues	$	2,340,930	$	1,349,758	$	1,469,412	$	—	$	5,160,100
Inter-segment revenues	70,120		362,179		1,517		(433,817)		—
Operating income (loss)	222,365		159,581		(419,066)		—		(37,120)
Interest expense	—		—		—		—		(286,872)
Other income, net	—		—		—		—		(31,566)
Income taxes	—		—		—		—		96,100
Net loss	—		—		—		—		(259,458)
Depreciation and amortization	172,339		143,243		366,105		—		681,687
Expenditures for property, plant & equipment	98,192		274,434		63,434		—		436,060
Segment assets	3,316,555		2,561,156		7,833,422		—		13,711,133
Goodwill	1,036,204		247,695		3,228,801		—		4,512,700

	Networking		Materials		Lasers		Unallocated & Other		Total
($000)
2022
Revenues	$	2,197,249	$	1,119,367	$	—	$	—	$	3,316,616
Inter-segment revenues	93,660		272,580		—		(366,240)		—
Operating income (loss)	231,563		218,601		—		(35,870)		414,294
Interest expense	—		—		—		—		(121,254)
Other income, net	—		—		—		—		(11,233)
Income taxes	—		—		—		—		(47,048)
Net earnings	—		—		—		—		234,759
Depreciation and amortization	172,092		114,687		—		—		286,779
Expenditures for property, plant & equipment	89,616		224,716		—		—		314,332
Segment assets	4,897,252		2,947,594		—		—		7,844,846
Goodwill	1,013,277		272,482		—		—		1,285,759

	Networking		Materials		Lasers		Unallocated & Other		Total
($000)
2021
Revenues	$	2,004,310	$	1,101,581	$	—	$	—	$	3,105,891
Inter-segment revenues	76,284		203,481		—		(279,765)		—
Operating income	201,453		227,438		—		(26,772)		402,119
Interest expense	—		—		—		—		(59,899)
Other income, net	—		—		—		—		10,370
Income taxes	—		—		—		—		(55,038)
Net earnings	—		—		—		—		297,552
Depreciation and amortization	160,458		109,611		—		—		270,069
Expenditures for property, plant & equipment	85,482		60,855		—		—		146,337
Segment Assets	4,240,869		2,271,781		—		—		6,512,650
Goodwill	1,017,562		279,165		—		—		1,296,727

Geographic Information for Revenues by Location of Customer's Headquarters and Long-lived Assets by Country

Geographic information for revenues by location of the customer’s headquarters, were as follows:

	Revenues
Year Ended June 30,	2023		2022		2021
($000)
North America	$	2,745,891	$	1,771,385	$	1,560,254
Europe	979,911		623,157		567,703
China	577,180		614,393		680,479
Japan	392,479		196,512		203,655
Rest of World	464,639		111,169		93,800
Total	$	5,160,100	$	3,316,616	$	3,105,891

    

Major Customers

We had one major customer who accounted for 10% of consolidated revenue during fiscal 2023. The customer purchased primarily from our Networking segment.

Geographic information for long-lived assets by country, which include property, plant and equipment, net of related depreciation, and certain other long-term assets, were as follows:

	Long-Lived Assets
June 30,	2023		2022
($000)
United States	$	1,069,012	$	902,163
Non-United States
China	365,331		394,056
Germany	216,336		14,521
United Kingdom	77,474		63,898
Malaysia	70,424		64,807
Switzerland	47,110		40,540
Sweden	38,981		28,030
Korea	20,869		4,325
Vietnam	17,739		16,844
Australia	8,641		10,478
Taiwan	7,883		7,025
Philippines	7,205		7,375
Other	24,853		3,996
Total Non-United States	$	902,846	$	655,894
	$	1,971,858	$	1,558,057