XML 59 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Condensed Consolidated Statements Of Income [Abstract]        
Net revenue $ 736,157 $ 651,100 $ 1,417,213 $ 1,239,380
Cost of sales 296,975 267,369 572,976 512,556
Amortization of acquired intangible assets 12,052 9,199 25,488 16,154
Total cost of sales 309,027 276,568 598,464 528,710
Gross profit 427,130 374,532 818,749 710,670
Operating expenses:        
Selling, general and administrative 171,422 161,579 338,862 308,881
Research and development 49,943 43,111 97,976 81,902
Amortization of acquired intangible assets 8,556 6,641 13,599 12,553
Litigation settlement expenses (600)   (600)  
Acquisition related expenses   6,123   6,123
Total operating expenses 229,321 217,454 449,837 409,459
Income from operations 197,809 157,078 368,912 301,211
Other income (loss), net:        
Interest income 202 678 650 1,600
Interest expense (10,220) (7,487) (21,212) (11,195)
Loss attributable to equity method investments (note 5) (6,924) (3,375) (13,786) (3,375)
Other, net (2,115) (621) (5,225) (3,086)
Total other income (loss), net (19,057) (10,805) (39,573) (16,056)
Income before income taxes 178,752 146,273 329,339 285,155
Income taxes 18,198 21,634 48,637 54,778
Net income $ 160,554 $ 124,639 $ 280,702 $ 230,377
Basic earnings per share (note 11) $ 1.11 $ 0.87 $ 1.95 $ 1.61
Diluted earnings per share (note 11) 1.10 0.86 1.93 1.60
Dividend declared per share $ 0.39 $ 0.37 $ 0.78 $ 0.74
Basic shares outstanding (000's) 144,212 142,923 143,966 142,796
Diluted shares outstanding (000's) 145,575 144,349 145,479 144,418