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Earnings Per Share - Computation of Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Add back interest on II-VI Convertible Notes (net of tax)      
Net earnings (loss) $ 234,759 $ 297,552 $ (67,029)
Deduct preferred stock dividends (68,225) (37,231) 0
Net Earnings (Loss) available to the Common Shareholder 166,534 260,321 (67,029)
Add back interest on Convertible Senior Notes Due 2022 2,229 12,264 0
Net earnings (loss) available to Common Shareholders $ 168,763 $ 272,585 $ (67,029)
Denominator      
Weighted average shares (in shares) 106,189 104,151 84,828
Effect of dilutive securities:      
Stock options, performance and restricted shares (in shares) 3,012 3,552 0
Diluted weighted average common shares (in shares) 116,513 115,034 84,828
Basic earnings (loss) per common share (in usd per share) $ 1.57 $ 2.50 $ (0.79)
Diluted earnings per common share (in usd per share) $ 1.45 $ 2.37 $ (0.79)
II-VI Convertible Notes      
Effect of dilutive securities:      
II-VI Notes due 2022 (in shares) 7,312 7,331 0
Basic earnings (loss) per common share (in usd per share) $ 0.09    
Diluted earnings per common share (in usd per share) $ (0.02)    
Series A Preferred Stock      
Add back interest on II-VI Convertible Notes (net of tax)      
Deduct preferred stock dividends $ (27,600) $ (27,140) $ 0
Series B Convertible Preferred Stock      
Add back interest on II-VI Convertible Notes (net of tax)      
Deduct Series B redeemable preferred deemed dividend $ (40,625) $ (10,091) $ 0