Supplemental Balance Sheet Information

6 Months Ended

Dec. 31, 2024

Supplemental Balance Sheet Information [Abstract]

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


Inventories	December 31, 2024		June 30, 2024
Raw materials	$	364,810	$	355,570
Work in progress	2,567		2,713
Finished goods	514,726		463,967
Total inventories	$	882,103	$	822,250


Prepaid expenses and other current assets	December 31, 2024		June 30, 2024
Prepaid taxes	$	171,592	$	107,623
Income taxes receivable	99,816		—
Prepaid inventories	104,232		172,198
Other prepaid expenses and current assets	196,553		180,012
Total prepaid expenses and other current assets	$	572,193	$	459,833


Property, Plant and Equipment	December 31, 2024		June 30, 2024
Property, plant and equipment, at cost	$	1,214,341	$	1,274,992
Accumulated depreciation and amortization	(694,179)		(726,967)
Property, plant and equipment, net	$	520,162	$	548,025


Other Intangible Assets	December 31, 2024		June 30, 2024
Developed/core product technology	$	381,420	$	384,679
Accumulated amortization	(294,171)		(280,970)
Developed/core product technology, net	87,249		103,709
Customer relationships	425,289		432,470
Accumulated amortization	(166,247)		(150,486)
Customer relationships, net	259,042		281,984
Other intangibles	245,788		252,210
Accumulated amortization	(154,076)		(151,999)
Other intangibles, net	91,712		100,211
Total other intangibles, net	$	438,003	$	485,904

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.

We did not record any intangible asset impairments during the three and six months ended December 31, 2024. During the three and six months ended December 31, 2023, 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.