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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Net revenue $ 950,294 $ 904,015
Cost of sales (exclusive of amortization shown separately below) 403,110 386,667
Amortization of acquired intangible assets 6,374 11,059
Total cost of sales 409,484 397,726
Gross profit 540,810 506,289
Operating Expenses    
Selling, general, and administrative 193,933 176,719
Research and development 63,188 59,950
Amortization of acquired intangible assets 7,950 7,707
Total operating expenses 265,071 244,376
Income from operations 275,739 261,913
Other income (loss), net:    
Interest (expense) income, net (7,134) (5,360)
Loss attributable to equity method investments (note 5) (2,028) (1,386)
Gain (loss) on equity investments (note 5) (3,280) 5,612
Other, net (1,504) (1,991)
Total other income (loss), net (13,946) (3,125)
Income before income taxes 261,793 258,788
Income taxes 51,315 55,175
Net income $ 210,478 $ 203,613
Basic earnings per share (dollars per share) $ 1.44 $ 1.40
Diluted earnings per share (dollars per share) 1.43 1.39
Dividend declared per share (dollars per share) $ 0.44 $ 0.42
Basic shares outstanding (000's) (in shares) 146,431 145,680
Diluted shares outstanding (000's) (in shares) 147,134 146,860
Total Sleep and Respiratory Care    
Net revenue $ 844,443 $ 806,499
Cost of sales (exclusive of amortization shown separately below) 363,844 349,681
Amortization of acquired intangible assets 1,228 900
Software as a Service    
Net revenue 105,851 97,516
Cost of sales (exclusive of amortization shown separately below) 39,266 36,986
Amortization of acquired intangible assets $ 5,146 $ 10,159