| Condensed Balance Sheet |
Consolidated Balance Sheets
|
|
|
|
|
|
|
|
|
|
As of June 30, |
(In thousands) |
2015 |
|
2014 |
Accounts receivable, net: |
|
|
|
Accounts receivable, gross |
$ |
607,157 |
|
|
$ |
514,690 |
|
Allowance for doubtful accounts |
(21,663 |
) |
|
(21,827 |
) |
|
$ |
585,494 |
|
|
$ |
492,863 |
|
Inventories: |
|
|
|
Customer service parts |
$ |
209,726 |
|
|
$ |
203,194 |
|
Raw materials |
194,218 |
|
|
221,612 |
|
Work-in-process |
156,820 |
|
|
171,249 |
|
Finished goods |
57,140 |
|
|
60,402 |
|
|
$ |
617,904 |
|
|
$ |
656,457 |
|
Other current assets: |
|
|
|
Prepaid expenses(1)
|
$ |
37,006 |
|
|
$ |
34,743 |
|
Income tax related receivables |
32,850 |
|
|
27,452 |
|
Other current assets |
7,958 |
|
|
6,267 |
|
|
$ |
77,814 |
|
|
$ |
68,462 |
|
Land, property and equipment, net: |
|
|
|
Land |
$ |
40,397 |
|
|
$ |
41,848 |
|
Buildings and leasehold improvements |
316,566 |
|
|
302,537 |
|
Machinery and equipment |
510,642 |
|
|
491,167 |
|
Office furniture and fixtures |
21,411 |
|
|
20,945 |
|
Construction-in-process |
3,152 |
|
|
8,945 |
|
|
892,168 |
|
|
865,442 |
|
Less: accumulated depreciation and amortization |
(577,577 |
) |
|
(535,179 |
) |
|
$ |
314,591 |
|
|
$ |
330,263 |
|
Other non-current assets: |
|
|
|
Executive Deferred Savings Plan |
$ |
165,655 |
|
|
$ |
159,996 |
|
Deferred tax assets—long-term |
78,648 |
|
|
75,138 |
|
Other non-current assets(1)
|
15,384 |
|
|
21,302 |
|
|
$ |
259,687 |
|
|
$ |
256,436 |
|
Other current liabilities: |
|
|
|
Warranty |
$ |
36,413 |
|
|
$ |
37,746 |
|
Executive Deferred Savings Plan |
167,886 |
|
|
160,527 |
|
Compensation and benefits |
196,682 |
|
|
203,990 |
|
Income taxes payable |
15,582 |
|
|
15,283 |
|
Interest payable |
19,395 |
|
|
8,769 |
|
Customer credits and advances |
93,212 |
|
|
79,373 |
|
Other accrued expenses |
132,244 |
|
|
79,402 |
|
|
$ |
661,414 |
|
|
$ |
585,090 |
|
Other non-current liabilities: |
|
|
|
Pension liabilities |
$ |
55,696 |
|
|
$ |
59,908 |
|
Income taxes payable |
69,018 |
|
|
59,575 |
|
Other non-current liabilities |
57,516 |
|
|
48,805 |
|
|
$ |
182,230 |
|
|
$ |
168,288 |
|
__________________
|
|
(1) |
Other current assets and other non-current assets balances as of June 30, 2014 on the consolidated balance sheet were adjusted to exclude the debt issuance costs as a result of early adoption of the accounting standards update regarding simplification of the presentation of debt issuance costs, which requires that debt issuance costs related to a recognized debt liability be presented on the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. See Note 7, “Debt” for additional details. |
|
| Consolidated Statements of Operations |
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended June 30, |
(In thousands) |
2015 |
|
2014 |
|
2013 |
Other expense (income), net: |
|
|
|
|
|
Interest income |
$ |
(12,545 |
) |
|
$ |
(13,555 |
) |
|
$ |
(14,976 |
) |
Foreign exchange losses, net |
1,764 |
|
|
514 |
|
|
1,002 |
|
Net realized gains on sale of investments |
(2,119 |
) |
|
(2,084 |
) |
|
(2,287 |
) |
Other |
2,431 |
|
|
(1,078 |
) |
|
1,149 |
|
|
$ |
(10,469 |
) |
|
$ |
(16,203 |
) |
|
$ |
(15,112 |
) |
|