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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Net revenue by segment $ 864,500 $ 768,767 $ 2,663,390 $ 2,320,722
Cost of sales (exclusive of amortization shown separately below) 362,321 310,585 1,128,314 938,253
Amortization of acquired intangible assets 10,982 10,924 33,271 34,066
Total cost of sales 373,303 321,509 1,161,585 972,319
Gross profit 491,197 447,258 1,501,805 1,348,403
Operating Expenses [Abstract]        
Selling, general, and administrative 182,401 160,446 544,483 488,904
Research and development 66,801 55,941 189,258 165,409
Amortization of acquired intangible assets 7,730 7,445 23,175 23,377
Restructuring expenses (note 11) 0 0 0 8,673
Total operating expenses 256,932 223,832 756,916 686,363
Income from operations 234,265 223,426 744,889 662,040
Other income (loss), net:        
Interest (expense) income, net (5,462) (5,823) (16,770) (18,341)
Loss attributable to equity method investments (note 5) (2,627) (4,969) (5,927) (9,895)
Gain (loss) on equity investments (note 5) (1,735) 4,666 (527) 9,442
Other, net 1,878 705 729 1,205
Total other income (loss), net (7,946) (5,421) (22,495) (17,589)
Income before income taxes 226,319 218,005 722,394 644,451
Income taxes 47,307 296,486 138,018 365,046
Net income (loss) $ 179,012 $ (78,481) $ 584,376 $ 279,405
Basic earnings (loss) per share (dollars per share) $ 1.22 $ (0.54) $ 4.00 $ 1.92
Diluted earnings (loss) per share (dollars per share) 1.22 (0.54) 3.97 1.91
Dividend declared per share (dollars per share) $ 0.42 $ 0.39 $ 1.26 $ 1.17
Basic shares outstanding (000's) (in shares) 146,240 145,513 145,969 145,217
Diluted shares outstanding (000's) (in shares) 146,962 145,513 147,034 146,394
Total Sleep and Respiratory Care        
Cost of sales (exclusive of amortization shown separately below) $ 324,618 $ 270,351 $ 1,017,494 $ 833,203
Amortization of acquired intangible assets 1,071 900 3,043 3,995
Software as a Service        
Cost of sales (exclusive of amortization shown separately below) 37,703 40,234 110,820 105,050
Amortization of acquired intangible assets $ 9,911 $ 10,024 $ 30,228 $ 30,071