v3.25.2
Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings (Loss) Per Share
The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations for the periods presented ($000, except per share):
Year Ended June 30,202520242023
Numerator
Net earnings (loss) attributable to Coherent Corp.$49,364 $(156,154)$(259,458)
Deduct Series A preferred stock dividends— — (27,600)
Deduct Series B dividends and deemed dividends(129,926)(123,357)(116,612)
Basic loss available to the common shareholders$(80,562)$(279,511)$(403,670)
Diluted loss available to the common shareholders$(80,562)$(279,511)$(403,670)
Denominator
Diluted weighted average common shares154,755 151,642 137,578 
Basic loss per common share$(0.52)$(1.84)$(2.93)
Diluted loss per common share$(0.52)$(1.84)$(2.93)
Schedule of Potential Shares Excluded from Calculation of Diluted Net Earnings (Loss) Per Share
The following table presents potential shares of common stock excluded from the calculation of diluted net earnings (loss) per share, as their effect would have been antidilutive (in thousands of shares):
Year Ended June 30,202520242023
Series A Mandatory Convertible Preferred Stock — — 10,423 
Series B Convertible Preferred Stock29,103 27,691 26,349 
Common stock equivalents4,548 2,940 2,271 
Total anti-dilutive shares33,651 30,631 39,043