Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME    
Net sales $ 289,458 $ 276,935
Cost of sales 106,441 91,744
Gross margin 183,017 185,191
Operating expenses:    
Selling, general and administrative 119,161 105,331
Research and development 23,869 23,998
Total operating expenses 143,030 129,329
Operating income 39,987 55,862
Other income (expense) 184 (6,304)
Earnings before income taxes 40,171 49,558
Income taxes 6,571 (1,435)
Net earnings 33,600 50,993
Other comprehensive income (loss):    
Foreign currency translation income (loss) 21,256 (11,602)
Unrealized gains (losses) on derivative instruments - cash flow hedges, net of tax amounts disclosed in Note 8 (3,027) (350)
Other comprehensive income (loss) 18,229 (11,952)
Comprehensive income $ 51,829 $ 39,041
Earnings per share:    
Basic (in dollars per share) $ 0.21 $ 0.32
Diluted (in dollars per share) $ 0.21 $ 0.31
Weighted average common shares outstanding:    
Basic (in shares) 158,531 158,130
Diluted (in shares) 161,115 161,940