XML 20 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Net revenue $ 4,222,993 $ 3,578,127 $ 3,196,825
Cost of sales (exclusive of amortization shown separately below) 1,836,935 1,514,166 1,312,598
Amortization of acquired intangible assets 30,396 39,650 45,127
Total cost of sales 1,867,331 1,553,816 1,357,725
Gross profit 2,355,662 2,024,311 1,839,100
Operating Expenses [Abstract]      
Selling, general, and administrative 874,003 737,508 670,387
Research and development 287,642 253,575 225,284
Amortization of acquired intangible assets 42,020 31,078 31,078
Restructuring expenses (note 18) 9,177 0 8,673
Acquisition related expenses 10,949 1,864 0
Total operating expenses 1,223,791 1,024,025 935,422
Income from operations 1,131,871 1,000,286 903,678
Other income (loss), net:      
Interest (expense) income, net (47,379) (22,312) (23,627)
Loss attributable to equity method investments (note 5) (7,265) (8,486) (11,205)
Gain (loss) on equity investments (note 5) 9,922 (12,202) 14,515
Gain on insurance recoveries 20,227 0 0
Other, net (5,712) 3,197 301
Total other income (loss), net (30,207) (39,803) (20,016)
Income before income taxes 1,101,664 960,483 883,662
Income taxes (note 12) 204,108 181,046 409,157
Net income $ 897,556 $ 779,437 $ 474,505
Basic earnings per share (note 11) (in dollars per share) $ 6.12 $ 5.34 $ 3.27
Diluted earnings per share (note 11) (in dollars per share) 6.09 5.30 3.24
Dividend declared per share (in dollars per share) $ 1.76 $ 1.68 $ 1.56
Basic shares outstanding (000's) (in shares) 146,765 146,066 145,313
Diluted shares outstanding (000's) (in shares) 147,455 147,043 146,451
Sleep and Respiratory Care products      
Net revenue $ 3,725,017 $ 3,177,298 $ 2,823,235
Cost of sales (exclusive of amortization shown separately below) 1,662,957 1,365,421 1,177,309
Amortization of acquired intangible assets 5,340 4,105 4,895
Software as a Service      
Net revenue 497,976 400,829 373,590
Cost of sales (exclusive of amortization shown separately below) 173,978 148,745 135,289
Amortization of acquired intangible assets $ 25,056 $ 35,545 $ 40,232