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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 1,803,195 $ 1,172,419 $ 3,655,325 $ 2,205,149
Cost of sales (including related party purchases of $98,743 and $96,728 in the three months ended December 31, 2022 and 2021, respectively, and $195,279 and $184,415 in the six months ended December 31, 2022 and 2021, respectively) 1,465,773 1,008,676 2,970,368 1,903,267
Gross Profit 337,422 163,743 684,957 301,882
Research and development 70,700 65,471 144,943 130,614
Sales and marketing 28,445 21,960 57,808 43,584
General and administrative 23,095 25,263 46,901 47,507
Operating Expenses 122,240 112,694 249,652 221,705
Operating Income (Loss) 215,182 51,049 435,305 80,177
Other (expense) income, net (6,335) (607) 1,719 (557)
Interest Expense (1,756) (1,150) (5,694) (1,954)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 207,091 49,292 431,330 77,666
Income tax provision (29,573) (7,599) (68,507) (10,924)
Share of (loss) income from equity investee, net of taxes (1,351) 239 (2,240) 627
Net income 176,167 41,932 360,583 67,369
Affiliated        
Related party sales 20,073 41,616 45,126 72,538
Related party purchases $ 98,743 $ 96,728 $ 195,279 $ 184,415