v3.25.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Net revenue $ 5,146,327 $ 4,685,297 $ 4,222,993
Cost of sales (exclusive of amortization shown separately below) 2,059,241 1,997,031 1,836,935
Amortization of acquired intangible assets 32,116 32,963 30,396
Total cost of sales 2,091,357 2,029,994 1,867,331
Gross profit 3,054,970 2,655,303 2,355,662
Operating Expenses      
Selling, general, and administrative 991,019 917,136 874,003
Research and development 331,284 307,525 287,642
Amortization of acquired intangible assets 45,273 46,521 42,020
Restructuring expenses (note 17) 0 64,228 9,177
Acquisition related expenses 2,031 0 10,949
Total operating expenses 1,369,607 1,335,410 1,223,791
Income from operations 1,685,363 1,319,893 1,131,871
Other income (loss), net:      
Interest income (expense), net 4,114 (45,708) (47,379)
Gain (loss) attributable to equity method investments (note 6) 3,644 (1,848) (7,265)
Gain (loss) on equity investments (note 6) (10,299) (4,045) 9,922
Gain on insurance recoveries 0 0 20,227
Other, net (5,256) (3,494) (5,712)
Total other income (loss), net (7,797) (55,095) (30,207)
Income before income taxes 1,677,566 1,264,798 1,101,664
Income taxes (note 12) 276,843 243,847 204,108
Net income $ 1,400,723 $ 1,020,951 $ 897,556
Basic earnings per share (note 11) (in dollars per share) $ 9.55 $ 6.94 $ 6.12
Diluted earnings per share (note 11) (in dollars per share) 9.51 6.92 6.09
Dividend declared per share (in dollars per share) $ 2.12 $ 1.92 $ 1.76
Basic shares outstanding (000's) (in shares) 146,716 147,021 146,765
Diluted shares outstanding (000's) (in shares) 147,340 147,550 147,455
Sleep and Breathing Health      
Net revenue $ 4,504,890 $ 4,101,172 $ 3,725,017
Cost of sales (exclusive of amortization shown separately below) 1,864,198 1,806,845 1,662,957
Amortization of acquired intangible assets 6,646 5,515 5,340
Residential Care Software      
Net revenue 641,437 584,125 497,976
Cost of sales (exclusive of amortization shown separately below) 195,043 190,186 173,978
Amortization of acquired intangible assets $ 25,470 $ 27,448 $ 25,056