Segment and Geographic Reporting (Tables)

12 Months Ended

Jun. 30, 2024

Schedule of Financial Information by Segment

The following tables summarize selected financial information of our operations by segment ($000):


2024	Networking		Materials		Lasers		Unallocated & Other		Total
Revenues	$	2,295,729	$	1,016,573	$	1,395,386	$	—	$	4,707,688
Inter-segment revenues	45,767		457,623		5,212		(508,602)		—
Operating income (loss)	178,789		62,876		(145,544)		—		96,121
Interest expense	—		—		—		—		(288,475)
Other income (expense), net	—		—		—		—		44,707
Income taxes	—		—		—		—		(11,117)
Net loss	—		—		—		—		(158,764)
Net loss attributable to Coherent Corp.	—		—		—		—		(156,154)
Depreciation and amortization	161,499		108,979		289,283		—		559,761
Expenditures for property, plant & equipment	90,950		224,482		31,384		—		346,816
Segment assets	3,543,981		3,502,642		7,442,011		—		14,488,634
Goodwill	1,036,592		245,983		3,181,754		—		4,464,329


2023	Networking		Materials		Lasers		Unallocated & Other		Total
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 (expense), net	—		—		—		—		(31,566)
Income taxes	—		—		—		—		96,100
Net loss attributable to Coherent Corp.	—		—		—		—		(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


2022	Networking		Materials		Lasers		Unallocated & Other		Total
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 (expense), net	—		—		—		—		(11,233)
Income taxes	—		—		—		—		(47,048)
Net earnings attributable to Coherent Corp.	—		—		—		—		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

Schedule of Geographic Information by Location

Geographic information for revenues by location of the customer’s headquarters, were as follows ($000):


	Revenues
Year Ended June 30,	2024		2023		2022
North America	$	2,622,569	$	2,745,891	$	1,771,385
Europe	714,282		979,911		623,157
China	621,918		577,180		614,393
Japan	340,863		392,479		196,512
Rest of World	408,056		464,639		111,169
Total	$	4,707,688	$	5,160,100	$	3,316,616

Major Customers

We had one major customer who accounted for 10% of consolidated revenue during fiscal 2024. The customer purchased primarily from our Networking segment. We had another 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 ($000):


	Long-Lived Assets
June 30,	2024		2023
United States	$	1,226,359	$	1,069,012
Non-United States
China	349,195		365,331
Germany	209,593		216,336
United Kingdom	19,153		77,474
Malaysia	87,783		70,424
Switzerland	44,256		47,110
Sweden	44,733		38,981
Korea	17,862		20,869
Vietnam	20,707		17,739
Australia	8,611		8,641
Taiwan	6,705		7,883
Philippines	11,217		7,205

Other	23,166		24,853
Total Non-United States	842,981		902,846
	$	2,069,340	$	1,971,858