FINANCIAL STATEMENT COMPONENTS (Tables)

12 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Consolidated Balance Sheets


	As of June 30,
(In thousands)	2024		2023
Accounts receivable, net:
Accounts receivable, gross	$	1,865,823	$	1,786,993
Allowance for credit losses	(32,782)		(33,632)
	$	1,833,041	$	1,753,361
Inventories:
Customer service parts	$	589,751	$	524,096
Raw materials	1,485,400		1,559,202
Work-in-process	700,895		578,864
Finished goods	258,735		214,622
	$	3,034,781	$	2,876,784
Other current assets:
Deferred costs of revenue	$	279,879	$	133,067
Prepaid expenses	124,969		121,204
Prepaid income and other taxes	102,398		64,901
Contract assets	69,259		117,137
Other current assets	82,822		62,419
	$	659,327	$	498,728
Land, property and equipment, net:
Land	$	78,260	$	72,287
Buildings and leasehold improvements	919,919		825,975
Machinery and equipment	1,116,793		1,016,713
Office furniture and fixtures	64,480		58,036
Construction-in-process	215,006		168,817
	2,394,458		2,141,828
Less: accumulated depreciation	(1,284,490)		(1,109,987)
	$	1,109,968	$	1,031,841
Other non-current assets:
EDSP	$	303,365	$	256,846
Operating lease ROU assets	231,812		208,706
Other non-current assets	157,546		171,910
	$	692,723	$	637,462
Other current liabilities:
Customer deposits	$	645,893	$	769,000
Compensation and benefits	371,713		370,536
EDSP	303,088		258,223
Income taxes payable	146,740		383,012
Interest payable	128,727		105,270
Operating lease liabilities	36,391		34,042
Other liabilities and accrued expenses	431,017		383,407
	$	2,063,569	$	2,303,490
Other non-current liabilities:
Income taxes payable	$	291,106	$	322,113
Operating lease liabilities	153,117		138,354
Customer deposits	99,794		156,874
Pension liabilities	51,778		63,672
Other non-current liabilities	147,320		132,045
	$	743,115	$	813,058

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of AOCI as of the dates indicated below were as follows:


(In thousands)	Currency Translation Adjustments		Unrealized Gains (Losses) on Available-for-Sale Securities		Unrealized Gains (Losses) on Derivatives		Unrealized Gains (Losses) on Defined Benefit Plans		Total
Balance as of June 30, 2024	$	(75,846)	$	(3,654)	$	46,243	$	(15,818)	$	(49,075)

Balance as of June 30, 2023	$	(64,627)	$	(12,797)	$	59,944	$	(18,861)	$	(36,341)

Reclassification out of Accumulated Other Comprehensive Income

The effects on net income of amounts reclassified from AOCI to the Consolidated Statements of Operations for the indicated periods were as follows (in thousands, amounts in parentheses indicate debits or reductions to earnings):


	Location in the Consolidated Statements of Operations	Year Ended June 30,
AOCI Components		2024		2023		2022
Unrealized gains (losses) on cash flow hedges from foreign exchange and interest rate contracts	Revenues	$	18,374	$	31,837	$	10,688
	Costs of revenues and operating expenses	3,766		(6,526)		(3,762)
	Interest expense	3,764		3,747		(1,007)

	Net gains (losses) reclassified from AOCI	$	25,904	$	29,058	$	5,919

Unrealized gains (losses) on available-for-sale securities	Other expense (income), net	$	(103)	$	(986)	$	(306)

Schedule of Consolidated Statements of Operations

The following table shows Other expense (income), net for the indicated periods:


	Year Ended June 30,
(In thousands)	2024		2023		2022
Other expense (income), net:
Interest income	$	(160,688)	$	(74,095)	$	(8,695)
Foreign exchange (gains) losses, net	(7,268)		233		3,925
Net realized losses on sale of investments	103		986		306
Other	12,778		(31,844)		9,069
	$	(155,075)	$	(104,720)	$	4,605