Quarterly report [Sections 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 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME        
Net sales $ 316,181 $ 303,428 $ 902,671 $ 852,961
Cost of sales 101,625 98,829 311,211 286,584
Gross margin 214,556 204,599 591,460 566,377
Operating expenses:        
Selling, general and administrative 151,269 111,840 391,881 332,839
Research and development 24,579 25,761 73,464 72,675
Total operating expenses 175,848 137,601 465,345 405,514
Operating income 38,708 66,998 126,115 160,863
Other income (expense)        
Other income (expense) (434) (5,914) (4,793) (16,835)
Earnings before income taxes 38,274 61,084 121,322 144,028
Income taxes 15,686 12,025 30,244 16,511
Net earnings 22,588 49,059 91,078 127,517
Other comprehensive income (loss):        
Foreign currency translation income (loss) 5,311 (11,981) 1,049 (5,558)
Unrealized gains (losses) on derivative instruments - cash flow hedges, net of tax (1,713) 335 (4,785) (3,685)
Other comprehensive income (loss) 3,598 (11,646) (3,736) (9,243)
Comprehensive income $ 26,186 $ 37,413 $ 87,342 $ 118,274
Earnings per share:        
Basic (in dollars per share) $ 0.14 $ 0.31 $ 0.58 $ 0.81
Diluted (in dollars per share) $ 0.14 $ 0.31 $ 0.57 $ 0.79
Weighted average common shares outstanding:        
Basic (in shares) 157,372 157,309 158,117 157,655
Diluted (in shares) 158,944 160,496 160,662 160,817