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Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Revenues $ 1,434,665 $ 1,131,434 $ 2,782,800 $ 2,184,517
Costs, Expenses, and Other Expense (Income)        
Cost of goods sold 925,314 780,793 1,813,317 1,526,981
Research and development 143,852 111,163 275,454 224,651
Selling, general and administrative 220,612 209,163 449,580 420,860
Restructuring charges (recoveries) 8,021 (1,570) 32,385 1,448
Interest expense 64,278 74,678 130,922 147,936
Other income, net (55,816) (5,386) (66,565) (11,655)
Total Costs, Expenses, & Other Expense 1,306,261 1,168,841 2,635,093 2,310,221
Earnings (Loss) Before Income Taxes 128,404 (37,407) 147,707 (125,704)
Income Tax Expense (Benefit) 26,862 (8,932) 21,304 (29,695)
Net Earnings (Loss) 101,542 (28,475) 126,403 (96,009)
Net Loss Attributable to Noncontrolling Interests (1,843) (1,484) (2,869) (1,484)
Net Earnings (Loss) Attributable to Coherent Corp. 103,385 (26,991) 129,272 (94,525)
Less: Dividends on Preferred Stock 32,262 30,580 64,095 60,753
Net Earnings (Loss) Available to the Common Shareholders, Basic 71,123 (57,571) 65,177 (155,278)
Net Earnings (Loss) Available to the Common Shareholders, Diluted $ 71,123 $ (57,571) $ 65,177 $ (155,278)
Basic Earnings (Loss) Per Share (in usd per share) $ 0.46 $ (0.38) $ 0.42 $ (1.03)
Diluted Earnings (Loss) Per Share (in usd per share) $ 0.44 $ (0.38) $ 0.41 $ (1.03)