Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Current Assets
Cash and cash equivalents	$ 926,033	$ 821,310
Restricted cash, current	174,008	12,023
Accounts receivable - less allowance for doubtful accounts of $9,511 and $8,005 at June 30, 2024 and June 30, 2023, respectively	848,542	901,531
Inventories	1,286,404	1,272,333
Prepaid and refundable income taxes	26,909	28,271
Prepaid and other current assets	398,203	216,530
Total Current Assets	3,660,099	3,251,998
Property, plant & equipment, net	1,817,259	1,782,035
Goodwill	4,464,329	4,512,700
Other intangible assets, net	3,503,247	3,814,684
Deferred income taxes	40,966	37,748
Restricted cash, non-current	689,645	4,233
Other assets	313,089	307,735
Total Assets	14,488,634	13,711,133
Current Liabilities
Current portion of long-term debt	73,770	74,836
Accounts payable	631,548	405,308
Accrued compensation and benefits	212,458	175,564
Operating lease current liabilities	40,580	38,271
Accrued income taxes payable	90,705	74,488
Other accrued liabilities	294,706	310,281
Total Current Liabilities	1,343,767	1,078,748
Long-term debt	4,026,448	4,234,962
Deferred income taxes	784,374	780,307
Operating lease liabilities	162,355	140,748
Other liabilities	225,411	247,402
Total Liabilities	6,542,355	6,482,167
Mezzanine Equity
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at June 30, 2024 and June 30, 2023; redemption value - $2,427,860 and $2,309,966 as of June 30, 2024 and June 30, 2023, respectively	2,364,772	2,241,415
Shareholders’ Equity
Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at June 30, 2024 and June 30, 2023, respectively	0	445,319
Common stock, no par value; authorized - 300,000,000 shares; issued - 168,406,323 shares at June 30, 2024; issued - 154,719,413 shares at June 30, 2023	4,857,657	3,781,211
Accumulated other comprehensive income (AOCI)	2,640	109,726
Retained earnings	664,940	944,416
Shareholders' equity excluding treasury stock	5,525,237	5,280,672
Treasury stock, at cost - 15,626,740 shares at June 30, 2024 and 15,135,711 shares at June 30, 2023	(315,122)	(293,121)
Total Coherent Corp. Shareholders’ Equity	5,210,115	4,987,551
Noncontrolling interests (NCI)	371,392	0
Total Equity	5,581,507	4,987,551
Total Liabilities, Mezzanine Equity and Equity	$ 14,488,634	$ 13,711,133