Earnings (Loss) Per Share (Tables)

9 Months Ended

Mar. 31, 2025

Schedule of Reconciliation of Basic and Diluted Earnings (Loss) Per Share

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations (000, except per share data):


	Three Months Ended March 31,				Nine Months Ended March 31,
	2025		2024		2025		2024
Numerator
Net earnings (loss) attributable to Coherent Corp.	$	15,711	$	(13,187)	$	144,983	$	(107,712)

Deduct Series B dividends and deemed dividends	(32,693)		(31,193)		(96,788)		(91,946)
Basic earnings (loss) available to common shareholders	$	(16,982)	$	(44,380)	$	48,195	$	(199,658)




Diluted earnings (loss) available to common shareholders	$	(16,982)	$	(44,380)	$	48,195	$	(199,658)

Denominator
Weighted average shares	155,175		152,138		154,518		151,341
Effect of dilutive securities:
Common stock equivalents	—		—		4,702		—



Diluted weighted average common shares	155,175		152,138		159,220		151,341

Basic earnings (loss) per common share	$	(0.11)	$	(0.29)	$	0.31	$	(1.32)

Diluted earnings (loss) per common share	$	(0.11)	$	(0.29)	$	0.30	$	(1.32)

Schedule of Potential Shares Excluded from Calculation of Diluted Net Loss Per Share

The following table presents potential shares of common stock excluded from the calculation of diluted net earnings (loss) per share, as their effect would have been anti-dilutive (000):


	Three Months Ended March 31,		Nine Months Ended March 31,
	2025	2024	2025	2024
Common stock equivalents	290	3,546	100	2,613


Series B Convertible Preferred Stock	29,281	27,862	28,921	27,518
Total anti-dilutive shares	29,571	31,408	29,021	30,131