As of June 30, 2026, the Company offers the 2006 Employee Share Purchase Plan (Non-U.S.), as amended and restated, the 1996 Employee Share Purchase Plan (U.S.), as amended and restated, and the 2006 Stock Incentive Plan, as amended and restated. Shares issued to employees as a result of purchases or exercises under these plans are generally issued from shares held in treasury stock.

The following table summarizes share-based compensation expense and total income tax benefit recognized for the three months ended June 30, 2026 and 2025 (in thousands):


	Three Months Ended June 30,
	2026		2025
Cost of goods sold	$	2,182	$	2,380
Marketing and selling	11,821		13,930
Research and development	6,597		6,351
General and administrative	9,032		10,167

Total share-based compensation expense	29,632		32,828
Income tax benefit	(8,843)		(4,906)
Total share-based compensation expense, net of income tax benefit	$	20,789	$	27,922

The income tax benefit in the respective periods primarily consisted of tax benefits related to the share-based compensation expense for the period and direct tax benefit realized, including net excess tax benefits recognized from share-based awards vested or exercised during the period.

Share-based compensation costs capitalized as part of inventory were $3.1 million and $2.8 million for the three months ended June 30, 2026 and 2025, respectively.

Certain subsidiaries of the Company sponsor defined benefit pension plans or non-retirement post-employment benefits covering substantially all of their employees. Benefits are provided based on employees’ years of service and earnings, or in accordance with applicable employee benefit regulations. The Company’s practice is to fund amounts sufficient to meet the requirements set forth in the applicable employee benefit and tax regulations. The costs of $1.5 million and $1.7 million recorded for the three months ended June 30, 2026 and 2025, respectively, were primarily related to service costs.