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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities      
Net earnings (loss) $ (158,764) $ (259,458) $ 234,759
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation 271,601 267,562 207,132
Amortization 288,160 414,125 79,647
Share-based compensation expense 126,049 148,872 73,214
Non-cash restructuring charges 16,557 119,456 0
Amortization of discount on convertible debt and debt issuance costs 17,652 19,850 18,807
Losses on disposals of property, plant & equipment 758 2,440 617
Unrealized losses (gains) on foreign currency remeasurements and transactions (10,556) (3,549) 1,167
Loss (earnings) from equity investments 51 66 (2,190)
Deferred income taxes (112,096) (206,822) (8,154)
Loss on debt extinguishment 1,978 6,855 0
Increase (decrease) in cash from changes in (net of effects of acquisitions):      
Accounts receivable 60,581 68,315 (55,193)
Inventories (23,196) 174,136 (230,882)
Accounts payable 205,044 (83,330) 97,053
Contract liabilities (72,818) (18,957) 26,614
Income taxes 12,251 28,651 17,961
Accrued compensation and benefits 36,894 (60,595) (9,382)
Other operating net assets (liabilities) (114,415) 16,408 (37,838)
Net cash provided by operating activities 545,731 634,025 413,332
Cash Flows from Investing Activities      
Additions to property, plant & equipment (346,816) (436,060) (314,332)
Purchases of businesses, net of cash acquired 0 (5,488,556) 0
Other investing activities (3,897) (4,010) (5,750)
Net cash used in investing activities (350,713) (5,928,626) (320,082)
Cash Flows from Financing Activities      
Sale of shares to noncontrolling interests 1,000,000 0 0
Proceeds from issuance of Series B preferred shares 0 1,400,000 0
Proceeds from borrowings of revolving credit facilities 18,966 65,000 0
Proceeds from issuance of Senior Notes 0 0 990,000
Payments on existing debt (228,802) (1,265,175) (62,050)
Payments on borrowings under Revolving Credit Facilities (19,027) (65,000) 0
Payments on convertible notes 0 (3,561) 0
Payment of Finisar Notes 0 0 (14,888)
Debt issuance costs 0 (126,516) (10,197)
Equity issuance costs (31,840) (42,000) 0
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan 42,297 24,167 17,858
Payments in satisfaction of employees’ minimum tax obligations (22,315) (54,172) (21,249)
Cash dividends paid 0 (27,600) (34,508)
Other financing activities (1,007) (1,124) (2,013)
Net cash provided by financing activities 758,272 3,554,019 862,953
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (1,170) (4,223) 34,276
Net increase in cash and cash equivalents, and restricted cash 952,120 (1,744,805) 990,479
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 837,566 2,582,371 1,591,892
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,789,686 837,566 2,582,371
Supplemental Information      
Cash paid for interest 312,879 282,835 57,314
Cash paid for income taxes 97,295 89,567 50,000
Non-Cash Investing and Financing Activities:      
Additions to property, plant & equipment included in accounts payable 63,286 36,777 84,890
Conversion of Series A preferred stock to common stock 445,319 0 0
Reconciliation of Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents      
Restricted cash 864,000 16,000  
Cash and cash equivalents 926,033 821,310 2,582,371
Restricted cash, current 174,008 12,023 0
Restricted cash, non-current 689,645 4,233 0
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows 1,789,686 837,566 2,582,371
Term B Facility      
Cash Flows from Financing Activities      
Proceeds from borrowing of Term Facility 0 2,800,000 0
Term A Facility      
Cash Flows from Financing Activities      
Proceeds from borrowing of Term Facility $ 0 $ 850,000 $ 0