Supplemental Balance Sheet Information

9 Months Ended

Mar. 31, 2024

Supplemental Balance Sheet Information [Abstract]

Components of selected captions in the condensed consolidated balance sheets consisted of the following (in thousands):


Inventories	March 31, 2024		June 30, 2023
Raw materials	$	406,641	$	459,126
Work in progress	1,845		3,956
Finished goods	420,972		534,930
Total inventories	$	829,458	$	998,012


Prepaid expenses and other current assets	March 31, 2024		June 30, 2023
Prepaid taxes	$	126,605	$	114,009
Prepaid inventories	197,291		143,084
Other prepaid expenses and current assets	180,767		179,925
Total prepaid expenses and other current assets	$	504,663	$	437,018


Property, Plant and Equipment	March 31, 2024		June 30, 2023
Property, plant and equipment, at cost	$	1,256,561	$	1,205,868
Accumulated depreciation and amortization	(716,818)		(668,012)
Property, plant and equipment, net	$	539,743	$	537,856


Other Intangible Assets	March 31, 2024		June 30, 2023
Developed/core product technology	$	381,304	$	398,740
Accumulated amortization	(272,940)		(265,802)
Developed/core product technology, net	108,364		132,938
Customer relationships	432,148		443,652
Accumulated amortization	(141,927)		(124,220)
Customer relationships, net	290,221		319,432
Other intangibles	254,445		244,373
Accumulated amortization	(152,006)		(144,402)
Other intangibles, net	102,439		99,971
Total other intangibles, net	$	501,024	$	552,341

Intangible assets consist of developed/core product technology, trade names, non-compete agreements, customer relationships, and patents, which we amortize over the estimated useful life of the assets, generally between two years to fifteen years. There are no expected residual values related to these intangible assets.

During the nine months ended March 31, 2024, we impaired $18.6 million of developed/core product technology intangible assets, $14.5 million of customer relationship intangible assets, and $0.1 million of other intangibles associated with restructuring activities. These non-cash charges were recorded within restructuring expenses in the condensed consolidated statements of operations. Refer to Note 11, Restructuring Expenses, for the facts and circumstances leading to the impairments. We did not record any intangible asset impairments during the three and nine months ended March 31, 2023.