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, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME        
Net sales $ 311,415 $ 316,181 $ 893,847 $ 902,671
Cost of sales 103,127 101,625 306,170 311,211
Gross margin 208,288 214,556 587,677 591,460
Operating expenses:        
Selling, general and administrative 109,338 151,269 339,242 391,881
Research and development 23,455 24,579 70,821 73,464
Total operating expenses 132,793 175,848 410,063 465,345
Operating income 75,495 38,708 177,614 126,115
Other income (expense) (4,270) (434) (7,614) (4,793)
Earnings before income taxes 71,225 38,274 170,000 121,322
Income taxes 20,178 15,686 42,759 30,244
Net earnings 51,047 22,588 127,241 91,078
Other comprehensive income (loss):        
Foreign currency translation income (loss) (4,352) 5,311 (4,440) 1,049
Unrealized gains (losses) on derivative instruments (160) (1,713) (2,536) (4,785)
Other comprehensive income (loss) (4,512) 3,598 (6,976) (3,736)
Comprehensive income $ 46,535 $ 26,186 $ 120,265 $ 87,342
Earnings per share:        
Basic (in dollars per share) $ 0.33 $ 0.14 $ 0.82 $ 0.58
Diluted (in dollars per share) $ 0.32 $ 0.14 $ 0.81 $ 0.57
Weighted average common shares outstanding:        
Basic (in shares) 156,327 157,372 155,893 158,117
Diluted (in shares) 157,403 158,944 156,943 160,662