Annual report pursuant to Section 13 and 15(d)

FINANCIAL STATEMENT COMPONENTS (Tables)

v3.22.2
FINANCIAL STATEMENT COMPONENTS (Tables)
 12 Months Ended
Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Condensed Balance Sheet
Consolidated Balance Sheets
  As of June 30,
(In thousands) 2022 2021
Accounts receivable, net:
Accounts receivable, gross $ 1,832,508  $ 1,323,515 
Allowance for credit losses (20,631) (18,036)
$ 1,811,877  $ 1,305,479 
Inventories:
Customer service parts $ 402,121  $ 349,743 
Raw materials 1,042,916  595,151 
Work-in-process 451,782  453,432 
Finished goods 250,070  177,054 
$ 2,146,889  $ 1,575,380 
Other current assets:
Deferred costs of revenue $ 124,487  $ 59,953 
Contract assets 114,747  91,052 
Prepaid expenses 108,942  76,649 
Prepaid income and other taxes 89,713  68,847 
Other current assets 64,248  24,366 
$ 502,137  $ 320,867 
Land, property and equipment, net:
Land $ 67,846  $ 67,862 
Buildings and leasehold improvements 712,751  458,605 
Machinery and equipment 819,191  743,710 
Office furniture and fixtures 44,957  32,856 
Construction-in-process 110,079  182,320 
1,754,824  1,485,353 
Less: accumulated depreciation (904,895) (822,326)
$ 849,929  $ 663,027 
Other non-current assets:
EDSP $ 224,188  $ 266,199 
Operating lease ROU assets 126,444  102,883 
Other non-current assets 133,980  75,823 
$ 484,612  $ 444,905 
Other current liabilities:
Customer credits and advances $ 515,118  $ 250,784 
Compensation and benefits 351,924  305,445 
Other accrued expenses 253,265  180,982 
EDSP 225,867  268,028 
Income taxes payable 126,964  87,320 
Interest payable 39,683  36,135 
Operating lease liabilities 32,218  32,322 
$ 1,545,039  $ 1,161,016 
Other non-current liabilities:
Income taxes payable $ 367,052  $ 333,866 
Customer credits and advances 204,914  — 
Operating lease liabilities 81,369  70,739 
Pension liabilities 78,525  87,602 
Other non-current liabilities 150,782  139,083 
$ 882,642  $ 631,290 
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of AOCI as of the dates indicated below were as follows:
(In thousands) Currency Translation Adjustments Unrealized Gains (Losses) on Available-for-Sale Securities Unrealized Gains (Losses) on Derivatives Unrealized Gains (Losses) on Defined Benefit Plans Total
Balance as of June 30, 2022 $ (43,886) $ (15,486) $ 56,836  $ (24,935) $ (27,471)
Balance as of June 30, 2021 $ (32,563) $ 595  $ (20,092) $ (23,497) $ (75,557)
Reclassification out of Accumulated Other Comprehensive Income
The effects on net income of amounts reclassified from AOCI to the Consolidated Statements of Operations for the indicated periods were as follows (in thousands):
Location in the Consolidated Statements of Operations Year Ended June 30,
AOCI Components 2022 2021 2020
Unrealized gains (losses) on cash flow hedges from foreign exchange and interest rate contracts Revenues $ 10,688  $ 384  $ 4,086 
Costs of revenues and operating expenses (3,762) 551  (1,377)
Interest expense (1,007) (1,116) (637)
Net gains (losses) reclassified from AOCI $ 5,919  $ (181) $ 2,072 
Unrealized gains (losses) on available-for-sale securities Other expense (income), net $ (306) $ 253  $ 297 
Schedule of Consolidated Statements of Operations
Consolidated Statements of Operations
The following table shows other expense (income), net for the indicated periods:
  Year Ended June 30,
(In thousands) 2022 2021 2020
Other expense (income), net:
Interest income $ (8,695) $ (8,929) $ (21,646)
Foreign exchange losses, net 3,925  5,005  4,236 
Net realized losses (gains) on sale of investments 306  (253) (297)
Other 9,069  (25,125) 20,385 
$ 4,605  $ (29,302) $ 2,678