XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Net revenue $ 800,011 $ 736,157 $ 1,551,955 $ 1,417,213
Cost of sales (exclusive of amortization shown separately below) 326,364 296,975 627,668 572,976
Amortization of acquired intangible assets 11,164 12,052 23,143 25,488
Total cost of sales 337,528 309,027 650,811 598,464
Gross profit 462,483 427,130 901,144 818,749
Operating expenses:        
Selling, general and administrative 169,470 171,422 328,459 338,862
Research and development 54,935 49,943 109,468 97,976
Amortization of acquired intangible assets 7,689 8,556 15,932 13,599
Restructuring expenses (note 11) 8,673   8,673  
Litigation settlement expenses   (600)   (600)
Total operating expenses 240,767 229,321 462,532 449,837
Income from operations 221,716 197,809 438,612 368,912
Other income (loss), net:        
Interest income 132 202 249 650
Interest expense (5,924) (10,220) (12,766) (21,212)
Loss attributable to equity method investments (note 5) (2,640) (6,924) (4,928) (13,786)
Other, net (note 13) (2,692) (2,115) 5,279 (5,225)
Total other income (loss), net (11,124) (19,057) (12,166) (39,573)
Income before income taxes 210,592 178,752 426,446 329,339
Income taxes 31,078 18,198 68,560 48,637
Net income $ 179,514 $ 160,554 $ 357,886 $ 280,702
Basic earnings per share (note 9) $ 1.24 $ 1.11 $ 2.47 $ 1.95
Diluted earnings per share (note 9) 1.23 1.10 2.45 1.93
Dividend declared per share $ 0.39 $ 0.39 $ 0.78 $ 0.78
Basic shares outstanding (000's) 145,246 144,212 145,053 143,966
Diluted shares outstanding (000's) 146,421 145,575 146,350 145,479
Sleep And Respiratory Care [Member]        
Net revenue $ 708,178 $ 649,451 $ 1,367,979 $ 1,243,617
Cost of sales (exclusive of amortization shown separately below) 293,862 267,377 562,852 513,793
Operating expenses:        
Amortization of acquired intangible assets 1,140 2,205 3,095 4,456
Software As A Service [Member]        
Net revenue 91,833 86,706 183,976 173,596
Cost of sales (exclusive of amortization shown separately below) 32,502 29,598 64,816 59,183
Operating expenses:        
Amortization of acquired intangible assets $ 10,024 $ 9,847 $ 20,048 $ 21,032