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Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]        
Revenues $ 1,208,809 $ 1,240,194 $ 3,393,326 $ 3,955,049
Costs, Expenses, and Other Expense (Income)        
Cost of goods sold 842,322 820,038 2,369,303 2,680,131
Internal research and development 127,485 126,382 352,136 376,257
Selling, general and administrative 205,167 226,386 626,027 780,551
Restructuring charges 11,530 0 12,978 0
Interest expense 72,753 75,183 220,689 207,976
Other income, net (18,597) (3,048) (30,252) 32,253
Total Costs, Expenses, & Other Expense 1,240,660 1,244,941 3,550,881 4,077,168
Loss Before Income Taxes (31,851) (4,747) (157,555) (122,119)
Income Tax Benefit (16,121) (7,293) (45,816) (40,895)
Net Earnings (Loss) (15,730) 2,546 (111,739) (81,224)
Net Loss Attributable to Noncontrolling Interests (2,543) 0 (4,027) 0
Net Earnings (Loss) Attributable to Coherent Corp. (13,187) 2,546 (107,712) (81,224)
Less: Dividends on Preferred Stock 31,193 36,071 91,946 107,537
Net Loss Available to the Common Shareholders $ (44,380) $ (33,525) $ (199,658) $ (188,761)
Basic Loss Per Share (in usd per share) $ (0.29) $ (0.24) $ (1.32) $ (1.38)
Diluted Loss Per Share (in usd per share) $ (0.29) $ (0.24) $ (1.32) $ (1.38)