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Segment Information (Tables) | 9 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Revenue by Segment and Reconciling Items | The table below presents a reconciliation of net revenues and net operating profit by reportable segments (in thousands):
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Net revenue by segment |  |  |  |  |  |  |
Sleep and Breathing Health | $ | 1,130,575 |  |  | $ | 1,049,023 |  |  | $ | 3,323,905 |  |  | $ | 3,029,915 |
Residential Care Software | 161,161 |  |  | 147,957 |  |  | 474,429 |  |  | 432,187 |
Total | $ | 1,291,736 |  |  | $ | 1,196,980 |  |  | $ | 3,798,334 |  |  | $ | 3,462,102 |
Depreciation and amortization by segment |  |  |  |  |  |  |
Sleep and Breathing Health | $ | 22,818 |  |  | $ | 21,832 |  |  | $ | 71,087 |  |  | $ | 64,307 |
Residential Care Software | 2,251 |  |  | 2,358 |  |  | 6,859 |  |  | 7,843 |
Amortization of acquired intangible assets and corporate assets | 18,606 |  |  | 19,284 |  |  | 56,899 |  |  | 61,042 |
Total | $ | 43,675 |  |  | $ | 43,474 |  |  | $ | 134,845 |  |  | $ | 133,192 |
Net operating profit by segment |  |  |  |  |  |  |
Sleep and Breathing Health | $ | 494,796 |  |  | $ | 456,182 |  |  | $ | 1,444,492 |  |  | $ | 1,240,061 |
Residential Care Software (1) | 53,179 |  |  | 38,754 |  |  | 149,682 |  |  | 111,846 |
Total | $ | 547,975 |  |  | $ | 494,936 |  |  | $ | 1,594,174 |  |  | $ | 1,351,907 |
Reconciling items |  |  |  |  |  |  |
Corporate costs | $ | 103,368 |  |  | $ | 101,336 |  |  | $ | 307,258 |  |  | $ | 274,505 |
Amortization of acquired intangible assets | 18,339 |  |  | 19,016 |  |  | 56,093 |  |  | 60,235 |
Restructuring expenses | — |  |  | — |  |  | — |  |  | 64,228 |
Masks with magnets field safety notification expenses (2) | — |  |  | — |  |  | — |  |  | 6,351 |
Astral field safety notification expenses (3) | — |  |  | — |  |  | — |  |  | 7,911 |
Interest expense (income), net | (793) |  |  | 11,026 |  |  | 1,643 |  |  | 39,787 |
(Gain) Loss attributable to equity method investments | (335) |  |  | (440) |  |  | (2,375) |  |  | 2,716 |
Loss on equity investments | 5,647 |  |  | (13,919) |  |  | 7,765 |  |  | (11,429) |
Other, net | 4,056 |  |  | 2,496 |  |  | 4,277 |  |  | 537 |
Income before income taxes | $ | 417,693 |  |  | $ | 375,421 |  |  | $ | 1,219,513 |  |  | $ | 907,066 |
(1) During the three and nine months ended March 31, 2024, we recorded $2.0 million of operating lease right-of-use asset impairments within our Residential Care Software segment. The impairments related to leases for office space and were recorded within net operating profit. (2) The masks with magnets field safety notification expenses relate to estimated costs to provide alternative masks to patients in response to updated contraindications for use of masks that incorporate magnets. (3) The Astral field safety notification expenses relate to estimated costs associated with the replacement of a certain component in some of our Astral ventilation devices that were manufactured between 2013 to 2019.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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