XML 56 R40.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Segment Reporting (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2024
Segment Reporting [Abstract] |
Schedule of Financial Information of Company's Operation by Segment | The following tables summarize selected financial information of our operations by segment ($000):
| Three Months Ended March 31, 2024
| Networking |  | Materials |  | Lasers |  | Unallocated & Other |  | Total
Revenues | $ | 618,824 |  |  | $ | 238,982 |  |  | $ | 351,003 |  |  | $ | — |  |  | $ | 1,208,809 |
Inter-segment revenues | 10,892 |  |  | 132,177 |  |  | 1,513 |  |  | (144,582) |  |  | — |
Operating income (loss) | 58,166 |  |  | 8,220 |  |  | (44,081) |  |  | — |  |  | 22,305 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | (72,753) |
Other income (expense), net | — |  |  | — |  |  | — |  |  | — |  |  | 18,597 |
Income tax benefit | — |  |  | — |  |  | — |  |  | — |  |  | 16,121 |
Net loss | — |  |  | — |  |  | — |  |  | — |  |  | (15,730) |
Net loss attributable to Coherent Corp. | — |  |  | — |  |  | — |  |  | — |  |  | (13,187) |
Depreciation and amortization | 40,573 |  |  | 26,508 |  |  | 72,654 |  |  | — |  |  | 139,735 |
Expenditures for property, plant & equipment | 20,884 |  |  | 61,119 |  |  | 11,239 |  |  | — |  |  | 93,242 |
Segment assets | 3,497,693 |  |  | 3,028,652 |  |  | 7,994,067 |  |  | — |  |  | 14,520,412 |
Goodwill | 1,036,661 |  |  | 247,919 |  |  | 3,208,645 |  |  | — |  |  | 4,493,225 |
| Three Months Ended March 31, 2023
| Networking |  | Materials |  | Lasers |  | Unallocated & Other |  | Total
Revenues | $ | 551,099 |  |  | $ | 323,769 |  |  | $ | 365,326 |  |  | $ | — |  |  | $ | 1,240,194 |
Inter-segment revenues | 17,759 |  |  | 96,604 |  |  | 317 |  |  | (114,680) |  |  | — |
Operating income (loss) | 49,476 |  |  | 67,826 |  |  | (49,914) |  |  | — |  |  | 67,388 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | (75,183) |
Other income (expense), net | — |  |  | — |  |  | — |  |  | — |  |  | 3,048 |
Income tax benefit | — |  |  | — |  |  | — |  |  | — |  |  | 7,293 |
Net earnings | — |  |  | — |  |  | — |  |  | — |  |  | 2,546 |
Depreciation and amortization | 41,369 |  |  | 29,242 |  |  | 90,330 |  |  | — |  |  | 160,941 |
Expenditures for property, plant & equipment | 6,441 |  |  | 78,666 |  |  | 12,038 |  |  | — |  |  | 97,145 |
Segment assets | 3,435,816 |  |  | 2,275,614 |  |  | 8,406,202 |  |  | — |  |  | 14,117,632 |
Goodwill | 1,012,006 |  |  | 273,341 |  |  | 3,219,790 |  |  | — |  |  | 4,505,137 |
| Nine Months Ended March 31, 2024
| Networking |  | Materials |  | Lasers |  | Unallocated & Other |  | Total
Revenues | $ | 1,615,908 |  |  | $ | 737,300 |  |  | $ | 1,040,118 |  |  | $ | — |  |  | $ | 3,393,326 |
Inter-segment revenues | 33,758 |  |  | 315,961 |  |  | 3,357 |  |  | (353,076) |  |  | — |
Operating income (loss) | 121,971 |  |  | 25,173 |  |  | (114,262) |  |  | — |  |  | 32,882 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | (220,689) |
Other income (expense), net | — |  |  | — |  |  | — |  |  | — |  |  | 30,252 |
Income tax benefit | — |  |  | — |  |  | — |  |  | — |  |  | 45,816 |
Net loss | — |  |  | — |  |  | — |  |  | — |  |  | (111,739) |
Net loss attributable to Coherent Corp. | — |  |  | — |  |  | — |  |  | — |  |  | (107,712) |
Depreciation and amortization | 121,780 |  |  | 77,205 |  |  | 217,128 |  |  | — |  |  | 416,113 |
Expenditures for property, plant & equipment | 74,751 |  |  | 156,142 |  |  | 16,016 |  |  | — |  |  | 246,909 |
| Nine Months Ended March 31, 2023
| Networking |  | Materials |  | Lasers |  | Unallocated & Other |  | Total
Revenues | $ | 1,756,327 |  |  | $ | 1,061,809 |  |  | $ | 1,136,913 |  |  | $ | — |  |  | $ | 3,955,049 |
Inter-segment revenues | 54,129 |  |  | 277,502 |  |  | 1,400 |  |  | (333,031) |  |  | — |
Operating income (loss) | 230,497 |  |  | 224,633 |  |  | (337,020) |  |  | — |  |  | 118,110 |
Interest expense | — |  |  | — |  |  | — |  |  | — |  |  | (207,976) |
Other income (expense), net | — |  |  | — |  |  | — |  |  | — |  |  | (32,253) |
Income taxes | — |  |  | — |  |  | — |  |  | — |  |  | 40,895 |
Net loss | — |  |  | — |  |  | — |  |  | — |  |  | (81,224) |
Depreciation and amortization | 124,384 |  |  | 83,804 |  |  | 269,948 |  |  | — |  |  | 478,136 |
Expenditures for property, plant & equipment | 80,654 |  |  | 215,038 |  |  | 47,307 |  |  | — |  |  | 342,999 |

X
- 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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: 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 3: 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 4: 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
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration