Balance Sheet Components

3 Months Ended

Sep. 30, 2024

Balance Sheet Related Disclosures [Abstract]

The following tables provide details of the selected balance sheet items (in thousands):

Cash, Cash Equivalents and Restricted Cash:


	September 30, 2024		June 30, 2024
Cash and cash equivalents	$	2,088,718	$	1,669,766

Restricted cash included in other assets	513		507
Total cash, cash equivalents and restricted cash	$	2,089,231	$	1,670,273

Inventories:


	September 30, 2024		June 30, 2024
Finished goods	$	3,559,481	$	3,312,768
Work in process	757,925		450,993
Purchased parts and raw materials	613,217		569,268
Total inventories	$	4,930,623	$	4,333,029

During the three months ended September 30, 2024 and 2023, the Company recorded a net provision for excess and obsolete inventory to cost of sales totaling $9.1 million and $4.5 million, respectively.

Property, Plant and Equipment, net:


	September 30, 2024		June 30, 2024
Land	$	160,558	$	150,137
Machinery and equipment	163,988		156,496
Buildings	163,764		163,764
Building and leasehold improvements	89,444		72,075
Furniture and fixtures	48,153		46,241
Software	24,665		24,363
Building construction in progress	22,924		14,828
	673,496		627,904
Accumulated depreciation and amortization	(222,436)		(213,896)
Property, plant and equipment, net	$	451,060	$	414,008

Depreciation and amortization expense for the three months ended September 30, 2024 and 2023 was $9.0 million and $7.0 million, respectively.

Accrued Liabilities:


	September 30, 2024		June 30, 2024
Customer deposits	$	96,852	$	46,942
Accrued payroll and related expenses	68,947		62,006


Accrued cooperative marketing expenses	20,236		15,967
Operating lease liability	10,654		9,248
Accrued warranty costs	9,872		10,009

Accrued professional fees	7,992		1,699

Other	94,224		113,803
Total accrued liabilities	$	308,777	$	259,674

Product Warranties:


	Three Months Ended September 30,
	2024		2023
Balance, beginning of the period	$	17,815	$	14,859
Provision for warranty	11,534		12,529
Costs utilized	(10,999)		(11,804)
Change in estimated liability for pre-existing warranties	(397)		45
Balance, end of the period	17,953		15,629
Current portion	9,872		9,107
Non-current portion	$	8,081	$	6,522

Accrued warranty costs are included as a component of accrued liabilities and other long-term liabilities in the accompanying condensed consolidated balance sheets.