XML 19 R8.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Selected Balance Sheet Data | 6 Months Ended
--- | ---
Dec. 31, 2024
Notes to Financial Statements |
Supplemental Balance Sheet and Cash Flow Information | Note 3. Selected Balance Sheet Data: Inventories: Inventories consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, | ​ | June 30, | ​
​ |  | 2024 |  | 2024 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Raw materials | ​ | $ | 83,960 | ​ | $ | 79,377 | ​
Finished goods(1) | ​ |  | 110,153 | ​ |  | 106,072 | ​
Inventories, net | ​ | $ | 194,113 | ​ | $ | 185,449 | ​
(1) Finished goods inventory of $5,740 and $5,718 included within Other long-term assets in the respective December 31, 2024 and June 30, 2024, Consolidated Balance Sheet. The inventory is included in long-term assets as it is forecasted to be sold after the 12 months subsequent to the Consolidated Balance Sheet date. Property and Equipment: Property and equipment consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, | ​ | June 30, | ​
​ |  | 2024 |  | 2024 | ​
Land | ​ | $ | 8,104 | ​ | $ | 8,150 | ​
Buildings and improvements | ​ |  | 249,193 | ​ |  | 243,863 | ​
Machinery and equipment | ​ | ​ | 235,984 | ​ | ​ | 215,948 | ​
Construction in progress | ​ |  | 26,785 | ​ |  | 39,749 | ​
Property and equipment, cost | ​ |  | 520,066 | ​ |  | 507,710 | ​
Accumulated depreciation and amortization | ​ |  | (270,313) | ​ |  | (256,556) | ​
Property and equipment, net | ​ | $ | 249,753 | ​ | $ | 251,154 | ​
​ Intangible Assets: Intangible assets consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | June 30, | ​
​ | ​ | 2024 | ​ | 2024 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Developed technology | ​ | $ | 675,072 | ​ | $ | 675,674 | ​
Tradenames | ​ |  | 151,066 | ​ |  | 151,561 | ​
Customer relationships | ​ |  | 210,881 | ​ |  | 211,276 | ​
Patents | ​ |  | 4,736 | ​ |  | 4,343 | ​
Other intangibles | ​ |  | 7,161 | ​ |  | 12,006 | ​
Definite-lived intangible assets | ​ |  | 1,048,916 | ​ |  | 1,054,860 | ​
Accumulated amortization | ​ |  | (587,865) | ​ |  | (547,779) | ​
Total intangible assets, net | ​ | $ | 461,051 | ​ | $ | 507,081 | ​
​ Changes to the carrying amount of net intangible assets for the period ended December 31, 2024 consist of (in thousands):
​ | ​ | ​ | ​
​ |  | December 31,
​ | ​ | 2024
​ | ​ | ​ | ​
Beginning balance | ​ | $ | 507,081
Other additions | ​ |  | 249
Amortization expense | ​ |  | (38,911)
Restructuring impairment | ​ | ​ | (7,050)
Currency translation | ​ | ​ | (318)
Ending balance | ​ | $ | 461,051
​ The estimated future amortization expense for intangible assets as of December 31, 2024 is as follows (in thousands): ​
​ | ​ | ​ | ​
Remainder 2025 |  | $ | 37,819
2026 | ​ |  | 72,318
2027 | ​ |  | 62,182
2028 | ​ |  | 58,478
2029 | ​ |  | 45,912
Thereafter | ​ |  | 184,342
Total | ​ | $ | 461,051
​ ​ Goodwill: ​ Changes to the carrying amount of goodwill for the period ended December 31, 2024 consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Diagnostics and |  | ​
​ | ​ | Protein Sciences | ​ | Spatial Biology | ​ | Total
June 30, 2024 | ​ | $ | 423,449 | ​ | $ | 549,214 | ​ | $ | 972,663
Currency translation | ​ |  | (3,642) | ​ | ​ | (4,414) | ​ | ​ | (8,056)
December 31, 2024 | ​ | $ | 419,807 | ​ | $ | 544,800 | ​ | $ | 964,607
​ We evaluate the carrying value of goodwill in the fourth quarter of each fiscal year and between annual evaluations if events occur or circumstances change that would indicate a possible impairment. The Company performed a qualitative goodwill impairment assessment for all of its reporting units during the fourth quarter of fiscal 2024. No indicators of impairment were identified as part of our assessment. ​ Other Assets: ​ Other assets consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, | ​ | June 30,
​ |  | 2024 | ​ | 2024
​ | ​ | ​ | ​ | ​ | ​ | ​
Equity method investment in Wilson Wolf | ​ | $ | 241,354 | ​ | $ | 242,337
Derivative instruments | ​ | ​ | 3,227 | ​ | ​ | 9,813
Long-term inventory | ​ | ​ | 5,740 | ​ | ​ | 5,718
Investment in Spear Bio | ​ | ​ | 15,000 | ​ | ​ | —
Other | ​ |  | 9,669 | ​ |  | 6,397
Other assets | ​ | $ | 274,990 | ​ | $ | 264,265
​

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

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration