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 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME        
Net sales $ 295,877 $ 297,031 $ 582,432 $ 586,489
Cost of sales 104,600 103,145 203,043 209,586
Gross margin 191,277 193,886 379,389 376,903
Operating expenses:        
Selling, general and administrative 113,691 121,451 229,904 240,612
Research and development 23,125 25,016 47,366 48,885
Total operating expenses 136,816 146,467 277,270 289,497
Operating income 54,461 47,419 102,119 87,406
Other income (expense) (3,677) (4,543) (3,344) (4,359)
Earnings before income taxes 50,784 42,876 98,775 83,047
Income taxes 12,775 7,986 22,581 14,557
Net earnings 38,009 34,890 76,194 68,490
Other comprehensive income (loss):        
Foreign currency translation income (loss) 2,762 (25,518) (88) (4,262)
Unrealized gains (losses) on derivative instruments (711) (45) (2,376) (3,072)
Other comprehensive income (loss) 2,051 (25,563) (2,464) (7,334)
Comprehensive income $ 40,060 $ 9,327 $ 73,730 $ 61,156
Earnings per share:        
Basic (in dollars per share) $ 0.24 $ 0.22 $ 0.49 $ 0.43
Diluted (in dollars per share) $ 0.24 $ 0.22 $ 0.49 $ 0.42
Weighted average common shares outstanding:        
Basic (in shares) 155,839 158,431 155,652 158,481
Diluted (in shares) 156,999 160,626 156,750 161,353