Segment Information (Tables)

9 Months Ended

Mar. 31, 2022

The table below presents a reconciliation of net revenues and net operating profit by reportable segments (in thousands):


	Three Months Ended March 31,				Nine Months Ended March 31,
	2022		2021		2022		2021
Net revenue by segment
Total Sleep and Respiratory Care	$	763,358	$	674,931	$	2,365,697	$	2,042,909
Software as a Service	101,142		93,836		297,693		277,813
Total	$	864,500	$	768,767	$	2,663,390	$	2,320,722

Depreciation and amortization by segment
Sleep and Respiratory Care	$	21,008	$	13,589	$	58,372	$	39,979
Software as a Service	1,863		1,491		5,421		3,599
Amortization of acquired intangible assets and corporate assets	19,435		24,908		58,405		76,456
Total	$	42,306	$	39,988	$	122,198	$	120,034

Net operating profit by segment
Sleep and Respiratory Care	$	267,808	$	253,693	$	847,589	$	763,534
Software as a Service	23,649		23,052		68,668		70,929
Total	$	291,457	$	276,745	$	916,257	$	834,463

Reconciling items
Corporate costs	$	38,480	$	34,950	$	114,922	$	106,307
Amortization of acquired intangible assets	18,712		18,369		56,446		57,443
Restructuring expenses	—		—		—		8,673
Interest expense (income), net	5,462		5,823		16,770		18,341
Loss attributable to equity method investments	2,627		4,969		5,927		9,895
(Gain) loss on equity investments	1,735		(4,666)		527		(9,442)
Other, net	(1,878)		(705)		(729)		(1,205)
Income before income taxes	$	226,319	$	218,005	$	722,394	$	644,451