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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, we provide the following disclosure regarding executive compensation for our principal executive officers (“PEOs”) and
Non-PEO
NEOs and Company performance for the fiscal years listed below. Compensation actually paid, as determined under SEC requirements, does not reflect the actual amount of compensation earned by or paid to our executive officers during a covered year. For information regarding the Company’s pay for performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to the CD&A.
 
 Year
  
Summary
Compensation
Table Total for
PEO 1
1
($)
  
Summary
Compensation
Table Total for
PEO 2
1
($)
  
Compensation
Actually
Paid to
PEO 1
1,2,3
($)
  
Compensation
Actually
Paid to
PEO 2
1,2,3
($)
  
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
1

($)
  
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
1,2,3

($)
  
Value of Initial
Fixed $100
Investment
based on:
4
  
Net
Income
($
Millions)
  
Adjusted 
EBITDA
5
 
($ Millions) 
 
TSR
($)
  
Peer
Group
TSR
($)
 2024
       28,811,152       101,497,009       45,071,892       108,396,274       2,455,433       5,025,954       153.45       144.35       (159 )       1,001.2
 2023
       15,435,656       —       12,935,741       —       5,304,906       6,787,965       107.96       139.40       (259 )       1,238.7
 2022
       10,727,919       —       (616,749 )       —       2,670,549       (77,480 )       107.90       118.21       235       864.8
 2021
       10,459,536       —       24,530,582       —       2,820,131       6,185,153       153.73       152.65       298       800.7
 
1.
Vincent D. Mattera, Jr. was our PEO for the years shown through June 3, 2024 (PEO 1). James R. Anderson was our PEO from June 3, 2024 through June 30, 2024 and to the present date (PEO 2). The individuals comprising the
Non-PEO
NEOs for each year presented are listed below.
 
2021
   
2022
   
2023
   
2024
Mary Jane Raymond
    Mary Jane Raymond    Mary Jane Raymond    Richard Martucci
Walter R. Bashaw II
    Walter R. Bashaw II    Walter R. Bashaw II    Mary Jane Raymond
Giovanni Barbarossa
    Giovanni Barbarossa    Giovanni Barbarossa    Walter R. Bashaw II
Jo Anne Schwendinger
    Jo Anne Schwendinger    Mark Sobey    Giovanni Barbarossa
 
 
    Christopher Koeppen   
 
 
    Ronald Basso
 
2.
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
 
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the
Stock
Awards column set
forth
in the Summary Compensation Table.
 
 Year
   
Summary
Compensation
Table Total for
PEO 1
($)
   
Exclusion of
Stock Awards for
PEO 1
($)
  
Inclusion of
Equity Values for
PEO 1
($)
   
Compensation 
Actually Paid to 
PEO 1
($)
 2024
        28,811,152        (9,980,211 )       26,240,951        45,071,892
 
 Year
   
Summary
Compensation
Table Total for
PEO 2
($)
   
Exclusion of
Stock Awards for
PEO 2
($)
  
Inclusion of
Equity Values for
PEO 2
($)
   
Compensation 
Actually Paid to 
PEO 2
($)
 2024
        101,497,009        (100,915,375 )       107,814,640        108,396,274
 
 Year
   
Average Summary
Compensation Table
Total for Non-PEO NEOs

($)
   
Average Exclusion of
Stock Awards for
Non-PEO
NEOs
($)
  
Average
Inclusion of
Equity Values for
Non-PEO
NEOs
($)
   
Average
Compensation
Actually Paid to
Non-PEO NEOs 
($)
 2024
        2,455,433        (1,483,062 )       4,053,583        5,025,954
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
 Year
   
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO 1
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards
for PEO 1
($)
   
Vesting-Date Fair

Value of Equity
Awards Granted
During Year that
Vested During
Year for PEO 1
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date
of Unvested
Equity Awards
that Vested
During Year for
PEO 1
($)
  
Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO 1
($)
   
Total - Inclusion

of
Equity Values for 
PEO 1
($)
 2024
        20,957,404        6,859,534        0        (1,575,987 )       0        26,240,951
 
 Year
   
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO 2
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards
for PEO 2
($)
   
Vesting-Date Fair

Value of Equity
Awards Granted
During Year that
Vested During
Year for PEO 2
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date
of Unvested
Equity Awards
that Vested
During Year for
PEO 2
($)
   
Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO 2
($)
   
Total - Inclusion

of
Equity Values for 
PEO 2
($)
 2024
        107,814,640        0        0        0        0        107,814,640
 
 Year
   
Average Year-

End Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for Non-PEO

NEOs
($)
   
Average Change
in Fair Value
from Last Day of
Prior Year to Last
Day of Year of
Unvested Equity
Awards for
Non-PEO

NEOs
($)
   
Average Vesting-
Date Fair Value
of Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO

NEOs
($)
   
Average Change
in Fair Value
from Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards that
Vested During
Year for
Non-PEO

NEOs
($)
  
Average Fair
Value at Last Day
of Prior Year of
Equity Awards
Forfeited During
Year for
Non-PEO

NEOs
($)
   
Total - Average 

Inclusion of
Equity Values
for
Non-PEO

NEOs
($)
 2024
        2,938,150        1,182,107        195,132        (261,806 )       0        4,053,583
 
4.
The Peer Group TSR set forth in this table utilizes a custom group of peer companies, which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The comparison assumes $100 was invested for the period starting June 30, 2020, through the end of the listed year in the Company and in the custom group of peer companies used in our performance graph, respectively. The Company’s fiscal year peer group consists of IPG Photonics Corp., Wolfspeed Inc., Lumentum Holdings, Inc., Corning, Inc., MKS Instruments, Inc., and Honeywell International, Inc. Historical stock performance is not necessarily indicative of future stock performance.
 
5.
We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and
Non-PEO
NEOs in 2024. See discussion under “Annual Cash Incentive Programs” and “Primary Bonus Program (GRIP)” in our CD&A for an explanation of Adjusted EBITDA, and Appendix B for a reconciliation of this
non-GAAP
measure to its most directly comparable financial measure calculated and presented in accordance with GAAP. Adjusted EBITDA may not have been the most important financial performance measure for prior years, and we may determine a different financial performance measure to be the most important financial performance measure in future years.
     
Company Selected Measure Name Adjusted EBITDA      
Named Executive Officers, Footnote
1.
Vincent D. Mattera, Jr. was our PEO for the years shown through June 3, 2024 (PEO 1). James R. Anderson was our PEO from June 3, 2024 through June 30, 2024 and to the present date (PEO 2). The individuals comprising the
Non-PEO
NEOs for each year presented are listed below.
 
2021
   
2022
   
2023
   
2024
Mary Jane Raymond
    Mary Jane Raymond    Mary Jane Raymond    Richard Martucci
Walter R. Bashaw II
    Walter R. Bashaw II    Walter R. Bashaw II    Mary Jane Raymond
Giovanni Barbarossa
    Giovanni Barbarossa    Giovanni Barbarossa    Walter R. Bashaw II
Jo Anne Schwendinger
    Jo Anne Schwendinger    Mark Sobey    Giovanni Barbarossa
 
 
    Christopher Koeppen   
 
 
    Ronald Basso
     
Peer Group Issuers, Footnote The Peer Group TSR set forth in this table utilizes a custom group of peer companies, which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The comparison assumes $100 was invested for the period starting June 30, 2020, through the end of the listed year in the Company and in the custom group of peer companies used in our performance graph, respectively. The Company’s fiscal year peer group consists of IPG Photonics Corp., Wolfspeed Inc., Lumentum Holdings, Inc., Corning, Inc., MKS Instruments, Inc., and Honeywell International, Inc. Historical stock performance is not necessarily indicative of future stock performance. 		     
Adjustment To PEO Compensation, Footnote
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the
Stock
Awards column set
forth
in the Summary Compensation Table.
 
 Year
   
Summary
Compensation
Table Total for
PEO 1
($)
   
Exclusion of
Stock Awards for
PEO 1
($)
  
Inclusion of
Equity Values for
PEO 1
($)
   
Compensation 
Actually Paid to 
PEO 1
($)
 2024
        28,811,152        (9,980,211 )       26,240,951        45,071,892
 
 Year
   
Summary
Compensation
Table Total for
PEO 2
($)
   
Exclusion of
Stock Awards for
PEO 2
($)
  
Inclusion of
Equity Values for
PEO 2
($)
   
Compensation 
Actually Paid to 
PEO 2
($)
 2024
        101,497,009        (100,915,375 )       107,814,640        108,396,274
 Year
   
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO 1
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards
for PEO 1
($)
   
Vesting-Date Fair

Value of Equity
Awards Granted
During Year that
Vested During
Year for PEO 1
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date
of Unvested
Equity Awards
that Vested
During Year for
PEO 1
($)
  
Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO 1
($)
   
Total - Inclusion

of
Equity Values for 
PEO 1
($)
 2024
        20,957,404        6,859,534        0        (1,575,987 )       0        26,240,951
 
 Year
   
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO 2
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards
for PEO 2
($)
   
Vesting-Date Fair

Value of Equity
Awards Granted
During Year that
Vested During
Year for PEO 2
($)
   
Change in Fair
Value from Last
Day of Prior Year
to Vesting Date
of Unvested
Equity Awards
that Vested
During Year for
PEO 2
($)
   
Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO 2
($)
   
Total - Inclusion

of
Equity Values for 
PEO 2
($)
 2024
        107,814,640        0        0        0        0        107,814,640
     
Non-PEO NEO Average Total Compensation Amount $ 2,455,433 $ 5,304,906 $ 2,670,549 $ 2,820,131
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,025,954 6,787,965 (77,480) 6,185,153
Adjustment to Non-PEO NEO Compensation Footnote
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the
Stock
Awards column set
forth
in the Summary Compensation Table.
 
 Year
   
Average Summary
Compensation Table
Total for Non-PEO NEOs

($)
   
Average Exclusion of
Stock Awards for
Non-PEO
NEOs
($)
  
Average
Inclusion of
Equity Values for
Non-PEO
NEOs
($)
   
Average
Compensation
Actually Paid to
Non-PEO NEOs 
($)
 2024
        2,455,433        (1,483,062 )       4,053,583        5,025,954
 
 Year
   
Average Year-

End Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for Non-PEO

NEOs
($)
   
Average Change
in Fair Value
from Last Day of
Prior Year to Last
Day of Year of
Unvested Equity
Awards for
Non-PEO

NEOs
($)
   
Average Vesting-
Date Fair Value
of Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO

NEOs
($)
   
Average Change
in Fair Value
from Last Day of
Prior Year to
Vesting Date of
Unvested Equity
Awards that
Vested During
Year for
Non-PEO

NEOs
($)
  
Average Fair
Value at Last Day
of Prior Year of
Equity Awards
Forfeited During
Year for
Non-PEO

NEOs
($)
   
Total - Average 

Inclusion of
Equity Values
for
Non-PEO

NEOs
($)
 2024
        2,938,150        1,182,107        195,132        (261,806 )       0        4,053,583
     
Compensation Actually Paid vs. Total Shareholder Return
LOGO
*
“Compensation Actually Paid” is calculated pursuant to SEC requirements.
     
Compensation Actually Paid vs. Net Income
LOGO
*
“Compensation Actually Paid” is calculated pursuant to SEC requirements.
     
Compensation Actually Paid vs. Company Selected Measure
LOGO
*
“Compensation Actually Paid” is calculated pursuant to SEC requirements.
     
Total Shareholder Return Vs Peer Group
LOGO
*
“Compensation Actually Paid” is calculated pursuant to SEC requirements.
     
Tabular List, Table
Tabular List of Most Important Financial Performance Measures
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEOs and other NEOs for 2024 to Company performance. The measures in this table are not ranked and are described in our CD&A.
 
Adjusted EBITDA
Operating Cash Flow
Relative TSR
Revenue
     
Total Shareholder Return Amount $ 153.45 107.96 107.9 153.73
Peer Group Total Shareholder Return Amount 144.35 139.4 118.21 152.65
Net Income (Loss) $ (159,000,000) $ (259,000,000) $ 235,000,000 $ 298,000,000
Company Selected Measure Amount 1,001,200,000 1,238,700,000 864,800,000 800,700,000
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Non-GAAP Measure Description We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and
Non-PEO
NEOs in 2024. See discussion under “Annual Cash Incentive Programs” and “Primary Bonus Program (GRIP)” in our CD&A for an explanation of Adjusted EBITDA, and Appendix B for a reconciliation of this
non-GAAP
measure to its most directly comparable financial measure calculated and presented in accordance with GAAP. Adjusted EBITDA may not have been the most important financial performance measure for prior years, and we may determine a different financial performance measure to be the most important financial performance measure in future years. 		     
Measure:: 2        
Pay vs Performance Disclosure        
Name Operating Cash Flow      
Measure:: 3        
Pay vs Performance Disclosure        
Name Relative TSR      
Measure:: 4        
Pay vs Performance Disclosure        
Name Revenue      
Vincent D. Mattera, Jr. [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 28,811,152 $ 15,435,656 $ 10,727,919 $ 10,459,536
PEO Actually Paid Compensation Amount $ 45,071,892 $ 12,935,741 $ (616,749) $ 24,530,582
PEO Name Vincent D. Mattera, Jr.      
James R. Anderson [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 101,497,009      
PEO Actually Paid Compensation Amount $ 108,396,274      
PEO Name James R. Anderson      
PEO | Vincent D. Mattera, Jr. [Member] | Exclusion of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (9,980,211)      
PEO | Vincent D. Mattera, Jr. [Member] | Inclusion of Equity Values [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 26,240,951      
PEO | Vincent D. Mattera, Jr. [Member] | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 20,957,404      
PEO | Vincent D. Mattera, Jr. [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 6,859,534      
PEO | Vincent D. Mattera, Jr. [Member] | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
PEO | Vincent D. Mattera, Jr. [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,575,987)      
PEO | Vincent D. Mattera, Jr. [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
PEO | James R. Anderson [Member] | Exclusion of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (100,915,375)      
PEO | James R. Anderson [Member] | Inclusion of Equity Values [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 107,814,640      
PEO | James R. Anderson [Member] | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 107,814,640      
PEO | James R. Anderson [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
PEO | James R. Anderson [Member] | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
PEO | James R. Anderson [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
PEO | James R. Anderson [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Non-PEO NEO | Exclusion of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,483,062)      
Non-PEO NEO | Inclusion of Equity Values [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,053,583      
Non-PEO NEO | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,938,150      
Non-PEO NEO | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,182,107      
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 195,132      
Non-PEO NEO | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (261,806)      
Non-PEO NEO | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0