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Segment Reporting (Tables) | 9 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Financial Information by Segment | The following table summarizes selected financial information of our operations by segment and reconciles segment profit to consolidated earnings (loss) before income taxes for the periods presented ($000):
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Segment revenue |  |  |  |  |  |  |
Networking | $ | 897,317 |  |  | $ | 618,824 |  |  | $ | 2,476,102 |  |  | $ | 1,615,908 |
Materials | 236,672 |  |  | 238,982 |  |  | 717,574 |  |  | 737,300 |
Lasers | 363,890 |  |  | 351,003 |  |  | 1,087,003 |  |  | 1,040,118 |
Total segment revenue | 1,497,879 |  |  | 1,208,809 |  |  | 4,280,679 |  |  | 3,393,326 |
Intersegment revenue |  |  |  |  |  |  |
Networking | 14,678 |  |  | 10,892 |  |  | 41,689 |  |  | 33,758 |
Materials | 133,178 |  |  | 132,177 |  |  | 384,468 |  |  | 315,961 |
Lasers | 1,890 |  |  | 1,513 |  |  | 5,772 |  |  | 3,357 |
Unallocated | (149,746) |  |  | (144,582) |  |  | (431,929) |  |  | (353,076) |
Total intersegment revenue | — |  |  | — |  |  | — |  |  | — |
Segment profit |  |  |  |  |  |  |
Networking | 175,352 |  |  | 97,737 |  |  | 464,527 |  |  | 253,800 |
Materials | 83,814 |  |  | 70,656 |  |  | 249,039 |  |  | 176,978 |
Lasers | 93,061 |  |  | 41,681 |  |  | 244,320 |  |  | 149,922 |
Total segment profit | 352,227 |  |  | 210,074 |  |  | 957,886 |  |  | 580,700 |
Unallocated Corporate expenses |  |  |  |  |  |  |
Corporate and centralized function costs (1) | (72,974) |  |  | (58,132) |  |  | (196,035) |  |  | (165,336) |
Share-based compensation | (40,166) |  |  | (26,413) |  |  | (116,656) |  |  | (98,189) |
Restructuring costs (2) | (73,769) |  |  | (11,530) |  |  | (106,154) |  |  | (12,978) |
Integration, site consolidation and other costs (3) | (6,404) |  |  | (19,442) |  |  | (24,485) |  |  | (54,894) |
Amortization of intangibles | (87,163) |  |  | (72,252) |  |  | (230,741) |  |  | (216,421) |
Interest expense | (57,284) |  |  | (72,753) |  |  | (188,206) |  |  | (220,689) |
Other (income) expense, net | (4,577) |  |  | 18,597 |  |  | 61,988 |  |  | 30,252 |
Earnings (loss) before income taxes | $ | 9,890 |  |  | $ | (31,851) |  |  | $ | 157,597 |  |  | $ | (157,555) |
Expenditures for property, plant, and equipment |  |  |  |  |  |  |
Networking | $ | 69,267 |  |  | $ | 20,884 |  |  | $ | 188,164 |  |  | $ | 74,751 |
Materials | 33,909 |  |  | 61,119 |  |  | 98,408 |  |  | 156,142 |
Lasers | 8,643 |  |  | 11,239 |  |  | 22,914 |  |  | 16,016 |
Total expenditures for property, plant, and equipment | $ | 111,819 |  |  | $ | 93,242 |  |  | $ | 309,486 |  |  | $ | 246,909 |
(1)We do not allocate corporate and centralized function costs that are not directly attributable to our operating segments. (2)See Note 17. Restructuring Plans for further information. (3)Integration and site consolidation costs in the three and nine months ended March 31, 2025 includes $5 million and $21 million, respectively, in consulting and legal costs related to projects to integrate recent acquisitions into common technology systems and simplify legal entity structure, and $1 million and $3 million, respectively, of employee severance and retention costs related to sites being shut down as part of our Synergy and Site Consolidation Plan. Integration and site consolidation costs in the three and nine months ended March 31, 2024 primarily include $11 million and $34 million, respectively, in consulting costs related to projects to integrate recent acquisitions into common technology systems and simplify legal entity structure, and $8 million and $21 million, respectively, of employee severance and retention and other costs related to sites being shut down as part of our 2023 Restructuring Plan or Synergy and Site Consolidation Plan.
Schedule of Segment Assets | The following table summarizes segment assets ($000):
Segment assets and reconciliation to total assets | March 31, 2025 |  | June 30, 2024
Networking | $ | 3,752,339 |  |  | $ | 3,472,866 |
Materials | 2,864,492 |  |  | 3,017,858 |
Lasers | 7,233,471 |  |  | 7,361,731 |
Corporate and shared services | 594,523 |  |  | 636,179 |
Total assets | $ | 14,444,825 |  |  | $ | 14,488,634 |

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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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