Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | |||
|---|---|---|---|---|---|
Mar. 31, 2024 |
Mar. 31, 2023 |
Mar. 31, 2024 |
Mar. 31, 2023 |
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| Income Statement [Abstract] | |||||
| Revenues | $ 1,208,809 | $ 1,240,194 | $ 3,393,326 | $ 3,955,049 | |
| Costs, Expenses, and Other Expense (Income) | |||||
| Cost of goods sold | 842,322 | 820,038 | 2,369,303 | 2,680,131 | |
| Internal research and development | 127,485 | 126,382 | 352,136 | 376,257 | |
| Selling, general and administrative | 205,167 | 226,386 | 626,027 | 780,551 | |
| Restructuring charges | 11,530 | 0 | 12,978 | 0 | |
| Interest expense | 72,753 | 75,183 | 220,689 | 207,976 | |
| Other income, net | (18,597) | (3,048) | (30,252) | 32,253 | |
| Total Costs, Expenses, & Other Expense | 1,240,660 | 1,244,941 | 3,550,881 | 4,077,168 | |
| Loss Before Income Taxes | (31,851) | (4,747) | (157,555) | (122,119) | |
| Income Tax Benefit | (16,121) | (7,293) | (45,816) | (40,895) | |
| Net Earnings (Loss) | (15,730) | 2,546 | (111,739) | (81,224) | |
| Net Loss Attributable to Noncontrolling Interests | (2,543) | 0 | (4,027) | 0 | |
| Net Earnings (Loss) Attributable to Coherent Corp. | (13,187) | 2,546 | (107,712) | (81,224) | |
| Less: Dividends on Preferred Stock | 31,193 | 36,071 | 91,946 | 107,537 | |
| Net Loss Available to the Common Shareholders | $ (44,380) | $ (33,525) | $ (199,658) | $ (188,761) | |
| Basic Loss Per Share (in usd per share) | $ (0.29) | $ (0.24) | $ (1.32) | $ (1.38) | |
| Diluted Loss Per Share (in usd per share) | $ (0.29) | $ (0.24) | $ (1.32) | $ (1.38) | |
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- Definition Restructuring Costs (Recoveries) No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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