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Consolidated Statements of Shareholders' Equity and Mezzanine Equity - USD ($)
$ in Thousands
Total
Coherent Inc.
Cumulative Effect, Period of Adoption, Adjustment
Interest Rate Swap
Interest Rate Cap
Preferred Shares
Common Stock
Common Stock
Coherent Inc.
Common Stock
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Interest Rate Swap
Accumulated Other Comprehensive Income (Loss)
Interest Rate Cap
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Beginning balance, Preferred Stock (in shares)                   0            
Beginning balance, Common Stock (in shares) at Jun. 30, 2020             105,916,000                  
Beginning balance, Treasury Stock (in shares) at Jun. 30, 2020                               (13,356,000)
Beginning Balance at Jun. 30, 2020 $ 2,076,803           $ 1,486,947     $ 0 $ (87,383)     $ 876,552   $ (199,313)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based and deferred compensation activities (in shares)             2,512,000                 284,000
Share-based and deferred compensation activities 83,584           $ 102,737                 $ (19,153)
Stock issued in underwritten public offering (in shares)             10,698,000     2,300,000            
Shares issued in underwritten public offering 883,908           $ 438,589     $ 445,319            
Net earnings (loss) 297,552                         297,552    
Foreign currency translation adjustments 86,991                   86,991          
Change in fair value of interest rate swap/cap, net of taxes       $ 12,312 $ 0             $ 12,312        
Pension adjustment, net of taxes 2,347                   2,347          
Dividends and deemed dividends (37,327)                         (37,327)    
Ending balance, Common Stock, (in shares) at Jun. 30, 2021             119,127,000                  
Ending balance, Preferred Stock (in shares) at Jun. 30, 2021                   2,300,000            
Ending balance, Treasury Stock (in shares) at Jun. 30, 2021                               (13,640,000)
Ending Balance at Jun. 30, 2021 3,406,170   $ (11,472)       $ 2,028,273   $ (56,388) $ 445,319 14,267     1,136,777 $ 44,916 $ (218,466)
Mezzanine Equity                                
Series B shares issued in March 2021 (in shares)           75,000                    
Series B shares issued in March 2021           $ 716,087                    
Dividends           $ 10,091                    
Ending balance (in shares) at Jun. 30, 2021           75,000                    
Ending balance at Jun. 30, 2021           $ 726,178                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Beginning balance, Preferred Stock (in shares)                   2,300,000            
Mezzanine Equity                                
Beginning balance (in shares)           75,000                    
Share-based and deferred compensation activities (in shares)             1,796,000                 333,000
Share-based and deferred compensation activities 71,779           $ 92,667                 $ (20,888)
Net earnings (loss) 234,759                         234,759    
Foreign currency translation adjustments (89,967)                   (89,967)          
Change in fair value of interest rate swap/cap, net of taxes       43,508 14,306             43,508 $ 14,306      
Pension adjustment, net of taxes 15,719                   15,719          
Dividends and deemed dividends $ (68,327)                         (68,327)    
Ending balance, Common Stock, (in shares) at Jun. 30, 2022             120,923,000                  
Ending balance, Preferred Stock (in shares) at Jun. 30, 2022                   2,300,000            
Ending balance, Treasury Stock (in shares) at Jun. 30, 2022 (13,972,758)                             (13,973,000)
Ending Balance at Jun. 30, 2022 $ 3,616,475           $ 2,064,552     $ 445,319 (2,167)     1,348,125   $ (239,354)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2020-06 [Member]                              
Mezzanine Equity                                
Dividends           $ 40,625                    
Ending balance (in shares) at Jun. 30, 2022           75,000                    
Ending balance at Jun. 30, 2022           $ 766,803                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Beginning balance, Preferred Stock (in shares)                   2,300,000            
Mezzanine Equity                                
Beginning balance (in shares)           75,000                    
Share-based and deferred compensation activities (in shares)             4,029,000                 1,164,000
Share-based and deferred compensation activities $ 117,361           $ 171,128                 $ (53,767)
Coherent acquisition (in shares)               22,588,000                
Coherent acquisition   $ 1,207,591           $ 1,207,591                
Convertible debt conversions (in shares)             7,181,000                  
Convertible debt conversions 337,940           $ 337,940                  
Net earnings (loss) (259,458)                         (259,458)    
Foreign currency translation adjustments 87,927                   87,927          
Change in fair value of interest rate swap/cap, net of taxes       $ 7,749 $ 22,322             $ 7,749 $ 22,322      
Pension adjustment, net of taxes (6,105)                   (6,105)          
Dividends and deemed dividends $ (144,251)                         (144,251)    
Ending balance, Common Stock, (in shares) at Jun. 30, 2023             154,721,000                  
Ending balance, Preferred Stock (in shares) at Jun. 30, 2023                   2,300,000            
Ending balance, Treasury Stock (in shares) at Jun. 30, 2023 (15,135,711)                             (15,137,000)
Ending Balance at Jun. 30, 2023 $ 4,987,551           $ 3,781,211     $ 445,319 $ 109,726     $ 944,416   $ (293,121)
Mezzanine Equity                                
Series B shares issued in March 2021 (in shares)           140,000                    
Series B shares issued in March 2021           $ 1,358,000                    
Dividends           $ 116,612                    
Ending balance (in shares) at Jun. 30, 2023           215,000                    
Ending balance at Jun. 30, 2023           $ 2,241,415                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Beginning balance, Preferred Stock (in shares)                   2,300,000            
Mezzanine Equity                                
Beginning balance (in shares)           215,000