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Segment Information
6 Months Ended
Dec. 31, 2021
Segment Information [Abstract]  
Segment Information (2)      Segment Information We have quantitatively and qualitatively determined that we operate in two operating segments, which are the Sleep and Respiratory Care segment and the SaaS segment. We evaluate the performance of our segments based on net revenues and income from operations. The accounting policies of the segments are the same as those described in note 2 of our consolidated financial statements included in our Form 10-K for the year ended June 30, 2021. Segment net revenues and segment income from operations do not include inter-segment profits and revenue is allocated to a geographic area based on where the products are shipped to or where the services are performed. Certain items are maintained at the corporate level and are not allocated to the segments. The non-allocated items include corporate headquarters costs, stock-based compensation, amortization expense from acquired intangibles, net interest expense (income), loss attributable to equity method investments, gains and losses on equity investments, and other, net. We neither discretely allocate assets to our operating segments, nor does our Chief Operating Decision Maker evaluate the operating segments using discrete asset information. The table below presents a reconciliation of net revenues and net operating profit by reportable segments (in thousands): Three Months Ended ‎December 31, Six Months Ended ‎December 31, 2021 2020 2021 2020Net revenue by segment Total Sleep and Respiratory Care $ 795,840  $ 708,178  $ 1,602,339  $ 1,367,979 Software as a Service 99,034  91,833  196,551  183,976 Total $ 894,874  $ 800,011  $ 1,798,890  $ 1,551,955         Depreciation and amortization by segment Sleep and Respiratory Care $ 19,347  $ 13,244  $ 37,362  $ 26,391 Software as a Service 1,857  1,137  3,558  2,108 Amortization of acquired intangible assets and corporate assets 19,585  26,199  38,971  51,547 Total $ 40,789  $ 40,580  $ 79,891  $ 80,046  Net operating profit by segment Sleep and Respiratory Care $ 282,556  $ 261,660  $ 579,781  $ 509,841 Software as a Service 22,999  24,291  45,019  47,877 Total $ 305,555  $ 285,951  $ 624,800  $ 557,718           Reconciling items Corporate costs $ 37,875  $ 36,709  $ 76,442  $ 71,358 Amortization of acquired intangible assets 18,969  18,853  37,734  39,075 Restructuring expenses - 8,673  - 8,673 Interest expense (income), net 5,948  5,792  11,308  12,517 Loss attributable to equity method investments 1,914  2,640  3,300  4,928 (Gain) loss on equity investments 4,404  3,700  (1,208) (4,776)Other, net (841) (1,008) 1,150  (503)Income before income taxes $ 237,286  $ 210,592  $ 496,074  $ 426,446