Segment Information (Tables)

9 Months Ended

Mar. 31, 2024

Schedule of results of operations and identifiable assets by industry segment

The following tables present our results of operations and identifiable assets by industry segment (in thousands):


	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2023		2024		2023		2024
Revenues (1) —by Segment:
Security division	$	178,752	$	285,960	$	491,188	$	700,564
Optoelectronics and Manufacturing division, including intersegment revenues		93,888		87,974		286,513		282,199
Healthcare division		43,911		41,493		130,994		121,130
Intersegment revenues elimination		(13,662)		(10,021)		(42,138)		(46,042)
Total	$	302,889	$	405,406	$	866,557	$	1,057,851

Income (loss) from operations —by Segment:
Security division	$	29,496	$	50,127	$	66,014	$	122,592
Optoelectronics and Manufacturing division		12,493		9,435		35,963		32,493
Healthcare division		1,787		1,564		4,819		2,157
Corporate		(10,148)		(9,733)		(29,572)		(30,832)
Intersegment eliminations		709		(30)		904		(167)
Total	$	34,337	$	51,363	$	78,128	$	126,243


	June 30,		March 31,
	2023		2024
Assets (2) —by Segment:
Security division	$	948,126	$	1,231,843
Optoelectronics and Manufacturing division		310,930		245,746
Healthcare division		245,856		298,027
Corporate		94,678		101,804
Eliminations (3)		(43,904)		(46,345)
Total	$	1,555,686	$	1,831,075

(1)For the three months ended March 31, 2023, one Security division customer accounted for 13% of net revenues while no customers represented over 10% of net revenues for the nine months ended March 31, 2023. For the three months ended March 31, 2024, one Security division customer accounted for 26% of net revenues. For the nine months ended March 31, 2024, two Security division customers accounted for 13% and 12% of net revenues, respectively.

(2)As of June 30, 2023, no customer accounted for greater than 10% of accounts receivable, net. As of March 31, 2024, two customers in the Security division accounted for 27% and 14%, respectively, of accounts receivable, net.

(3)Eliminations in assets reflect the amount of inter-segment profits in inventory and inter-segment ROU assets under ASC 842 as of the balance sheet date. Such inter-segment profit will be realized when inventory is shipped to the external customers of the Security and Healthcare divisions.