XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.25.3

Segment Reporting (Tables) | 3 Months Ended
--- | ---
Sep. 30, 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 September 30, |  |
| 2025 |  | 2024 |  |  |  |
Segment revenue |  |  |  |  |  |  |
Datacenter & Communications | $ | 1,090,000 |  |  | $ | 863,642 |  |  |  |  |
Industrial | 491,378 |  |  | 484,493 |  |  |  |  |
Total segment revenue | 1,581,378 |  |  | 1,348,135 |  |  |  |  |
Intersegment revenue |  |  |  |  |  |  |
Datacenter & Communications | 9,177 |  | 10,591 |  |  |  |  |
Industrial | 20,842 |  |  | 13,388 |  |  |  |  |
Elimination of intersegment revenue | (30,020) |  |  | (23,980) |  |  |  |  |
Total intersegment revenue | — |  |  | — |  |  |  |  |
Segment cost of goods sold and operating expenses (1) |  |  |  |  |  |  |
Datacenter & Communications | 829,883 |  |  | 654,893 |  |  |  |  |
Industrial | 395,591 |  |  | 428,943 |  |  |  |  |
Total segment cost of goods sold and operating expenses | 1,225,474 |  |  | 1,083,836 |  |  |  |  |
Segment profit |  |  |  |  |  |  |
Datacenter & Communications | 269,294 |  |  | 219,340 |  |  |  |  |
Industrial | 116,629 |  |  | 68,938 |  |  |  |  |
Total segment profit | 385,923 |  |  | 288,278 |  |  |  |  |
Unallocated Corporate expenses |  |  |  |  |  |  |
Corporate and centralized function costs (2) | (77,343) |  |  | (70,627) |  |  |  |  |
Share-based compensation | (44,683) |  |  | (35,478) |  |  |  |  |
Restructuring costs (3) | (19,276) |  |  | (24,364) |  |  |  |  |
Gain on sale of business | 115,211 |  |  | — |  |  |  |  |
Impairment of assets held-for-sale | (9,100) |  |  | — |  |  |  |  |
Integration, site consolidation and other costs (4) | (22,212) |  |  | (10,747) |  |  |  |  |
Amortization of intangibles | (69,446) |  |  | (71,862) |  |  |  |  |
Interest expense | (58,721) |  |  | (66,644) |  |  |  |  |
Other (income) expense, net | 16,533 |  |  | 10,749 |  |  |  |  |
Earnings before income taxes | $ | 216,886 |  |  | $ | 19,303 |  |  |  |  |
(1)Segment cost of goods sold and operating expenses primarily include manufacturing costs, labor and research and development costs, and exclude expenses and credits that are included in the Unallocated corporate expenses category. (2)We do not allocate corporate and centralized function costs that are not directly attributable to our operating segments. (3)See Note 17. Restructuring Plans for further information. (4)Integration, site consolidation and other costs are $22 million in the three months ended September 30, 2025, primarily consisting of consulting and legal costs related to initiatives to integrate recent acquisitions into common technology systems, to divest businesses and simplify legal entity structure. Integration and site consolidation costs in the three months ended September 30, 2024 primarily include $12 million in consulting costs related to projects to integrate recent acquisitions into common technology systems and simplify legal entity structure, and $1 million 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 Geographic Information | Geographic information for revenues by location of the customer’s headquarters, were as follows ($000):
| Three Months Ended September 30,
| 2025 |  | 2024
North America | $ | 1,002,164 |  |  | $ | 806,757 |
Europe | 191,699 |  |  | 168,912 |
China | 177,669 |  |  | 169,529 |
Japan | 116,324 |  |  | 70,656 |
Rest of World | 93,522 |  |  | 132,281 |
Total | $ | 1,581,378 |  |  | $ | 1,348,135 |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 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
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