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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The following is a summary of our income (loss) before income taxes by geography:

			Year Ended June 30,
			2024						2023						2022
U.S.			$	(23,708)					$	(35,508)					$	(7,299)
Non-U.S.			152,154						5,286						16,630
Total			$	128,446					$	(30,222)					$	9,331

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the (benefit) provision for income taxes are as follows:

			Year Ended June 30,
			2024						2023						2022
Current:
U.S. Federal			$	(307)					$	1,634					$	526
U.S. State			670						769						568
Non-U.S.			42,458						39,792						36,932
Total current			42,821						42,195						38,026
Deferred:
U.S. Federal			825						3,522						(3,566)
U.S. State			(4)						465						12
Non-U.S.			(93,004)						109,311						25,429
Total deferred			(92,183)						113,298						21,875
Total			$	(49,362)					$	155,493					$	59,901

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the standard U.S. federal statutory tax rate and our effective tax rate:

			Year Ended June 30,
			2024						2023						2022
U.S. federal statutory income tax rate			21.0		%				21.0		%				21.0		%
State taxes, net of federal effect			(1.1)						3.7						(11.1)
Tax rate differential on non-U.S. earnings			5.9						(52.5)						97.1
Change in valuation allowance			(47.9)						(457.2)						363.7
Nondeductible interest expense			5.6						(30.2)						52.7
Change in entity status			—						4.0						—
Compensation related items			0.6						(13.7)						21.9
Goodwill impairment			—						(4.1)						—
Irish foreign tax credit			(24.8)						21.4						(46.8)
Tax on repatriated earnings			6.1						(15.0)						39.2
Gain on the extinguishment of debt			(0.2)						2.8						—
Notional interest deduction (Italy)			(0.6)						2.6						(8.8)
Patent box (Italy)			(0.3)						(1.5)						(12.0)
Tax credits and incentives			(3.1)						24.1						(23.7)
Non-U.S. tax rate changes			(0.1)						(1.1)						57.6
Irish tax restructuring			—						—						(13.4)
U.S. global intangible low-taxed income (GILTI)			0.1						—						10.2
U.S. foreign-derived intangible income (FDII)			(1.0)						2.7						(6.8)
U.S. base erosion and anti-abuse tax (BEAT)			0.1						(2.1)						—
Net tax benefit on intellectual property transfer			—						1.0						(10.4)
Tax loss carryforward expirations			0.4						(5.1)						4.8
Business and withholding taxes			0.9						(1.2)						5.1
Uncertain tax positions			0.1						(10.5)						35.9
Other non-deductible expenses			1.4						(6.0)						7.1
Tax on unremitted earnings			0.6						(1.6)						0.1
Changes to derivative instruments			(2.1)						3.1						73.5
Other			—						0.9						(14.9)
Effective income tax rate			(38.4)		%				(514.5)		%				642.0		%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of our deferred income tax assets and liabilities consisted of the following at June 30, 2024 and 2023:

			June 30, 2024						June 30, 2023
Deferred tax assets:
Swiss tax-amortizable goodwill			$	130,985					$	131,472
Net operating loss carryforwards			66,572						75,643
Leases			28,661						30,364
Depreciation and amortization			4,765						8,289
Accrued expenses			15,572						15,335
Share-based compensation			19,530						16,920
Tax credit and other carryforwards			69,644						45,574
U.S. Internal Revenue Code Section 174 capitalization			6,253						2,468
Interest limitation carryforwards			23,291						13,216
Other			1,520						2,000
Subtotal			366,793						341,282
Valuation allowance			(211,655)						(277,976)
Total deferred tax assets			155,138						63,306
Deferred tax liabilities:
Depreciation and amortization			(37,432)						(37,572)
Leases			(24,797)						(27,392)
Tax on unremitted earnings			(7,984)						(7,221)
Derivative financial instruments			(4,250)						(17,091)
Other			(10,317)						(8,641)
Total deferred tax liabilities			(84,780)						(97,917)
Net deferred tax assets			$	70,358					$	(34,611)

Summary of Valuation Allowance [Table Text Block]

A reconciliation of the beginning and ending amount of the valuation allowance for the year ended June 30, 2024 is as follows:

Balance at June 30, 2023			$	277,976
Charges to earnings (1)			(61,566)
Charges to other accounts (2)			(4,755)
Balance at June 30, 2024			$	211,655

_________________

(1) Amount is primarily related to the partial release of the Swiss valuation allowance, offset by increased Irish foreign tax credits and tax-effected interest limitation carryforwards.

(2) Amount is primarily related to decreased deferred tax assets on non-U.S. net operating losses due to currency exchange rate changes and unrealized gains on derivative financial instruments included in accumulated other comprehensive loss.

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the gross beginning and ending amount of unrecognized tax benefits is as follows:

Balance June 30, 2021			$	13,399
Additions based on tax positions related to the current tax year			448
Additions based on tax positions related to prior tax years			2,958
Reductions based on tax positions related to prior tax years			(23)
Reductions due to audit settlements			(2,958)
Reductions due to lapse of statute of limitations			(799)
Cumulative translation adjustment			(29)
Balance June 30, 2022			12,996
Additions based on tax positions related to the current tax year			2,167
Additions based on tax positions related to prior tax years			770
Reductions based on tax positions related to prior tax years			(62)
Reductions due to audit settlements			—
Reductions due to lapse of statute of limitations			(225)
Cumulative translation adjustment			(22)
Balance June 30, 2023			15,624
Additions based on tax positions related to the current tax year			450
Additions based on tax positions related to prior tax years			405
Reductions based on tax positions related to prior tax years			(527)
Reductions due to audit settlements			(264)
Reductions due to lapse of statute of limitations			(1,021)
Cumulative translation adjustment			(13)
Balance June 30, 2024			$	14,654

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