Balance Sheets-Additional Information

12 Months Ended

Jun. 30, 2024

Balance Sheets-Additional Information

Balance Sheets-Additional Information

5.   Balance Sheets—Additional Information

As of June 30	2024		2023
Accounts receivable, net
Trade accounts receivable	$	170,913	$	165,069
Reserve for credit losses		(1,461)		(1,590)
	$	169,452	$	163,479

As of June 30	2024		2023
Reserve for credit losses
Balance at beginning of period	$	1,590	$	3,510
Provision for estimated credit losses		1,538		943
Effect of changes in exchange rates		(71)		(61)
Credit losses realized		(1,596)		(2,802)
Balance at end of period	$	1,461	$	1,590

As of June 30	2024		2023
Inventories, net
Raw materials	$	72,799	$	84,328
Work-in-process		23,550		22,350
Finished goods		169,562		170,892
	$	265,911	$	277,570

As of June 30	2024		2023
Property, plant and equipment, net
Land	$	30,624	$	27,813
Buildings and improvements		120,173		105,184
Machinery and equipment		273,965		291,454
Construction in progress		23,892		34,743
		448,654		459,194
Accumulated depreciation		(245,354)		(263,626)
	$	203,300	$	195,568

Certain of our facilities in Israel are on leased land. These leases expire in calendar years 2039, 2045 and 2062.

Property, plant and equipment, net includes internal-use software costs, net of accumulated amortization, of $3,123 and $3,426 at June 30, 2024 and 2023, respectively.

	Weighted-
	Average
	Useful Life
As of June 30	(Years)	2024		2023
Intangibles, net
Cost
Technology	12	$	94,259	$	95,576
Product registrations, marketing and distribution rights	9		18,117		18,557
Customer relationships	12		30,418		30,235
Trade names, trademarks and other	6		5,213		5,605
			148,007		149,973
Accumulated amortization
Technology			(62,119)		(55,396)
Product registrations, marketing and distribution rights			(17,326)		(18,553)
Customer relationships			(19,001)		(16,884)
Trade names, trademarks and other			(4,528)		(4,153)
			(102,974)		(94,986)
		$	45,033	$	54,987

As of June 30	2024		2023
Goodwill
Balance at beginning of period	$	53,274	$	53,226
Acquisition		1,397		—
Effect of changes in exchange rates		(114)		48
Balance at end of period	$	54,557	$	53,274

As of June 30	2024		2023
Other assets
ROU operating lease assets	$	37,604	$	35,759
Deferred income taxes		19,371		8,711
Deposits		1,646		6,617
Insurance investments		6,305		6,067
Equity method investments		5,183		5,027
Derivative instruments		—		10,225
Debt issuance costs		911		1,408
Other		7,277		8,031
	$	78,297	$	81,845

As of June 30	2024		2023
Accrued expenses and other current liabilities
Employee related	$	37,612	$	29,359
Current operating lease liabilities		7,460		6,053
Commissions and rebates		7,875		5,833
Professional fees		8,918		5,032
Income and other taxes		2,931		8,663
Insurance-related		1,265		1,284
Insurance premium financing		5,185		4,769
Other		17,540		18,859
	$	88,786	$	79,852

The insurance premium financing has a fixed interest rate of 6.95% and monthly payments of $648.

As of June 30	2024		2023
Other liabilities
Long-term operating lease liabilities	$	29,915	$	29,077
Long-term and deferred income taxes		14,218		12,146
Supplemental retirement benefits, deferred compensation and other		6,678		6,552
U.S. pension plan		2,237		2,286
International retirement plans		3,212		4,210
Other long-term liabilities		6,846		6,076
	$	63,106	$	60,347

As of June 30	2024		2023
Accumulated other comprehensive loss
Derivative instruments	$	13,104	$	24,589
Foreign currency translation adjustment		(124,004)		(115,062)
Unrecognized net pension losses		(13,012)		(23,996)
Provision for income taxes on derivative instruments		(3,304)		(6,207)
Benefit for income taxes on long-term intercompany investments		8,166		8,166
Provision for income taxes on net pension losses		(4,477)		(1,700)
	$	(123,527)	$	(114,210)