\nDiluted shares outstanding<\/td>\n | <\/td>\n | 146,962<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 145,513<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 147,034<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 146,394<\/td>\n | <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (1)\u00a0\u00a0\u00a0\u00a0See the reconciliation of\u00a0non-GAAP\u00a0financial measures in the table at the end of the press release.<\/p>\n Condensed Consolidated Balance Sheets<\/strong> \n(Unaudited; $ in thousands)<\/em><\/p>\n\n\n\n<\/td>\n | March 31, \n2022<\/td>\n | <\/td>\n | June 30, \n2021<\/td>\n<\/tr>\n | \nASSETS<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nCurrent assets:<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nCash and cash equivalents<\/td>\n | $<\/td>\n | 201,769<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 295,278<\/td>\n | <\/td>\n<\/tr>\n | \nAccounts receivable, net<\/td>\n | <\/td>\n | 508,580<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 614,292<\/td>\n | <\/td>\n<\/tr>\n | \nInventories<\/td>\n | <\/td>\n | 664,943<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 457,033<\/td>\n | <\/td>\n<\/tr>\n | \nPrepayments and other current assets<\/td>\n | <\/td>\n | 329,008<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 208,154<\/td>\n | <\/td>\n<\/tr>\n | \nTotal current assets<\/td>\n | $<\/td>\n | 1,704,300<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,574,757<\/td>\n | <\/td>\n<\/tr>\n | \nNon-current\u00a0assets:<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nProperty, plant, and equipment, net<\/td>\n | $<\/td>\n | 513,250<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 463,490<\/td>\n | <\/td>\n<\/tr>\n | \nOperating lease\u00a0right-of-use\u00a0assets<\/td>\n | <\/td>\n | 141,173<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 128,575<\/td>\n | <\/td>\n<\/tr>\n | \nGoodwill and other intangibles, net<\/td>\n | <\/td>\n | 2,302,301<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 2,320,483<\/td>\n | <\/td>\n<\/tr>\n | \nDeferred income taxes and other\u00a0non-current\u00a0assets<\/td>\n | <\/td>\n | 244,240<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 240,820<\/td>\n | <\/td>\n<\/tr>\n | \nTotal\u00a0non-current\u00a0assets<\/td>\n | $<\/td>\n | 3,200,964<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 3,153,368<\/td>\n | <\/td>\n<\/tr>\n | \nTotal assets<\/td>\n | $<\/td>\n | 4,905,264<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 4,728,125<\/td>\n | <\/td>\n<\/tr>\n | \nLIABILITIES AND STOCKHOLDERS\u2019 EQUITY:<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nCurrent liabilities:<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nAccounts payable<\/td>\n | $<\/td>\n | 149,797<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 138,008<\/td>\n | <\/td>\n<\/tr>\n | \nAccrued expenses<\/td>\n | <\/td>\n | 326,276<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 320,599<\/td>\n | <\/td>\n<\/tr>\n | \nOperating lease liabilities, current<\/td>\n | <\/td>\n | 24,130<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 23,585<\/td>\n | <\/td>\n<\/tr>\n | \nDeferred revenue<\/td>\n | <\/td>\n | 112,449<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 109,611<\/td>\n | <\/td>\n<\/tr>\n | \nIncome taxes payable<\/td>\n | <\/td>\n | 42,646<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 307,963<\/td>\n | <\/td>\n<\/tr>\n | \nShort-term debt<\/td>\n | <\/td>\n | 11,967<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 12,000<\/td>\n | <\/td>\n<\/tr>\n | \nTotal current liabilities<\/td>\n | $<\/td>\n | 667,265<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 911,766<\/td>\n | <\/td>\n<\/tr>\n | \nNon-current\u00a0liabilities:<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nDeferred revenue<\/td>\n | $<\/td>\n | 94,094<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 91,496<\/td>\n | <\/td>\n<\/tr>\n | \nDeferred income taxes<\/td>\n | <\/td>\n | 10,711<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 11,319<\/td>\n | <\/td>\n<\/tr>\n | \nOperating lease liabilities,\u00a0non-current<\/td>\n | <\/td>\n | 127,254<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 114,779<\/td>\n | <\/td>\n<\/tr>\n | \nOther long-term liabilities<\/td>\n | <\/td>\n | 5,103<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 6,802<\/td>\n | <\/td>\n<\/tr>\n | \nLong-term debt<\/td>\n | <\/td>\n | 668,735<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 643,351<\/td>\n | <\/td>\n<\/tr>\n | \nLong-term income taxes payable<\/td>\n | <\/td>\n | 53,298<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 62,933<\/td>\n | <\/td>\n<\/tr>\n | \nTotal\u00a0non-current\u00a0liabilities<\/td>\n | $<\/td>\n | 959,195<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 930,680<\/td>\n | <\/td>\n<\/tr>\n | \nTotal liabilities<\/td>\n | $<\/td>\n | 1,626,460<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,842,446<\/td>\n | <\/td>\n<\/tr>\n | \nSTOCKHOLDERS\u2019 EQUITY:<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nCommon stock<\/td>\n | $<\/td>\n | 585<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 583<\/td>\n | <\/td>\n<\/tr>\n | \nAdditional\u00a0paid-in\u00a0capital<\/td>\n | <\/td>\n | 1,645,453<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 1,622,199<\/td>\n | <\/td>\n<\/tr>\n | \nRetained earnings<\/td>\n | <\/td>\n | 3,480,163<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 3,079,640<\/td>\n | <\/td>\n<\/tr>\n | \nTreasury stock<\/td>\n | <\/td>\n | (1,623,256<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (1,623,256<\/td>\n | )<\/td>\n<\/tr>\n | \nAccumulated other comprehensive income<\/td>\n | <\/td>\n | (224,141<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (193,487<\/td>\n | )<\/td>\n<\/tr>\n | \nTotal stockholders\u2019 equity<\/td>\n | $<\/td>\n | 3,278,804<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 2,885,679<\/td>\n | <\/td>\n<\/tr>\n | \nTotal liabilities and stockholders\u2019 equity<\/td>\n | $<\/td>\n | 4,905,264<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 4,728,125<\/td>\n | <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Condensed Consolidated Statements of Cash Flows<\/strong> \n(Unaudited; $ in thousands)<\/em><\/p>\n\n\n\n<\/td>\n | Nine months ended<\/td>\n<\/tr>\n | \n<\/td>\n | March 31, \n2022<\/td>\n | <\/td>\n | March 31, \n2021<\/td>\n<\/tr>\n | \nCash flows from operating activities:<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nNet income<\/td>\n | $<\/td>\n | 584,376<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 279,405<\/td>\n | <\/td>\n<\/tr>\n | \nAdjustment to reconcile net income to cash provided by operating activities:<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nDepreciation and amortization<\/td>\n | <\/td>\n | 122,198<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 120,034<\/td>\n | <\/td>\n<\/tr>\n | \nAmortization of\u00a0right-of-use\u00a0assets<\/td>\n | <\/td>\n | 26,636<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 25,805<\/td>\n | <\/td>\n<\/tr>\n | \nStock-based compensation costs<\/td>\n | <\/td>\n | 49,265<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 47,032<\/td>\n | <\/td>\n<\/tr>\n | \nLoss attributable to equity method investments<\/td>\n | <\/td>\n | 5,927<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 9,895<\/td>\n | <\/td>\n<\/tr>\n | \n(Gain) loss on equity investment<\/td>\n | <\/td>\n | 527<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | (9,442<\/td>\n | )<\/td>\n<\/tr>\n | \nRestructuring expenses<\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 8,673<\/td>\n | <\/td>\n<\/tr>\n | \nChanges in operating assets and liabilities:<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nAccounts receivable, net<\/td>\n | <\/td>\n | 98,158<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | (39,899<\/td>\n | )<\/td>\n<\/tr>\n | \nInventories, net<\/td>\n | <\/td>\n | (209,476<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (48,393<\/td>\n | )<\/td>\n<\/tr>\n | \nPrepaid expenses, net deferred income taxes and other current assets<\/td>\n | <\/td>\n | (127,977<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (41,036<\/td>\n | )<\/td>\n<\/tr>\n | \nAccounts payable, accrued expenses, income taxes payable and other<\/td>\n | <\/td>\n | (277,973<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | 158,119<\/td>\n | <\/td>\n<\/tr>\n | \nNet cash (used in) \/ provided by operating activities<\/td>\n | $<\/td>\n | 271,661<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 510,193<\/td>\n | <\/td>\n<\/tr>\n | \nCash flows from investing activities:<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nPurchases of property, plant, and equipment<\/td>\n | <\/td>\n | (106,192<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (74,805<\/td>\n | )<\/td>\n<\/tr>\n | \nPatent registration and acquisition costs<\/td>\n | <\/td>\n | (17,449<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (11,149<\/td>\n | )<\/td>\n<\/tr>\n | \nBusiness acquisitions, net of cash acquired<\/td>\n | <\/td>\n | (35,915<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (30,704<\/td>\n | )<\/td>\n<\/tr>\n | \nPurchases of investments<\/td>\n | <\/td>\n | (16,614<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (20,038<\/td>\n | )<\/td>\n<\/tr>\n | \nProceeds from sale of investment<\/td>\n | <\/td>\n | 6,802<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n<\/tr>\n | \n(Payments) \/ proceeds on maturity of foreign currency contracts<\/td>\n | <\/td>\n | (5,309<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | 26,306<\/td>\n | <\/td>\n<\/tr>\n | \nNet cash used in investing activities<\/td>\n | $<\/td>\n | (174,677<\/td>\n | )<\/td>\n | <\/td>\n | $<\/td>\n | (110,390<\/td>\n | )<\/td>\n<\/tr>\n | \nCash flows from financing activities:<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \nProceeds from issuance of common stock, net<\/td>\n | <\/td>\n | 26,269<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 18,759<\/td>\n | <\/td>\n<\/tr>\n | \nTaxes paid related to net share settlement of equity awards<\/td>\n | <\/td>\n | (52,278<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (49,938<\/td>\n | )<\/td>\n<\/tr>\n | \nPayments of business combination contingent consideration<\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | (3,500<\/td>\n | )<\/td>\n<\/tr>\n | \nProceeds from borrowings, net of borrowing costs<\/td>\n | <\/td>\n | 160,000<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 90,000<\/td>\n | <\/td>\n<\/tr>\n | \nRepayment of borrowings<\/td>\n | <\/td>\n | (136,000<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (536,000<\/td>\n | )<\/td>\n<\/tr>\n | \nDividends paid<\/td>\n | <\/td>\n | (183,853<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (169,917<\/td>\n | )<\/td>\n<\/tr>\n | \nNet cash (used in) \/ provided by financing activities<\/td>\n | $<\/td>\n | (185,862<\/td>\n | )<\/td>\n | <\/td>\n | $<\/td>\n | (650,596<\/td>\n | )<\/td>\n<\/tr>\n | \nEffect of exchange rate changes on cash<\/td>\n | $<\/td>\n | (4,631<\/td>\n | )<\/td>\n | <\/td>\n | $<\/td>\n | 18,272<\/td>\n | <\/td>\n<\/tr>\n | \nNet increase \/ (decrease) in cash and cash equivalents<\/td>\n | <\/td>\n | (93,509<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (232,521<\/td>\n | )<\/td>\n<\/tr>\n | \nCash and cash equivalents at beginning of period<\/td>\n | <\/td>\n | 295,278<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 463,156<\/td>\n | <\/td>\n<\/tr>\n | \nCash and cash equivalents at end of period<\/strong><\/td>\n$<\/td>\n | 201,769<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 230,635<\/td>\n | <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Reconciliation of\u00a0Non-GAAP\u00a0Financial Measures<\/strong> \n(Unaudited; $ in thousands, except for per share amounts)<\/em><\/p>\nThe measures\u00a0\u201cnon-GAAP\u00a0gross profit\u201d and\u00a0\u201cnon-GAAP\u00a0gross margin\u201d exclude amortization expense from acquired intangibles related to cost of sales and are reconciled below:<\/p>\n \n\n\n<\/td>\n | Three Months Ended<\/td>\n | <\/td>\n | Nine Months Ended<\/td>\n<\/tr>\n | \n<\/td>\n | March 31, 2022<\/td>\n | <\/td>\n | March 31, 2021<\/td>\n | <\/td>\n | March 31, 2022<\/td>\n | <\/td>\n | March 31, 2021<\/td>\n<\/tr>\n | \nRevenue<\/td>\n | $<\/td>\n | 864,500<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 768,767<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 2,663,390<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 2,320,722<\/td>\n | <\/td>\n<\/tr>\n | \nGAAP Cost of sales<\/td>\n | $<\/td>\n | 373,303<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 321,509<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,161,585<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 972,319<\/td>\n | <\/td>\n<\/tr>\n | \nLess:<\/em>\u00a0Amortization of acquired intangibles\u00a0(A)<\/em><\/sup><\/td>\n<\/td>\n | (10,982<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (10,924<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (33,271<\/td>\n | )<\/td>\n | <\/td>\n | <\/td>\n | (34,066<\/td>\n | )<\/td>\n<\/tr>\n | \nLess:<\/em>\u00a0Restructuring\u2014cost of sales\u00a0(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | (5,232<\/td>\n | )<\/td>\n<\/tr>\n | \nNon-GAAP\u00a0cost of sales<\/td>\n | $<\/td>\n | 362,321<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 310,585<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,128,314<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 933,021<\/td>\n | <\/td>\n<\/tr>\n | \nGAAP gross profit<\/td>\n | $<\/td>\n | 491,197<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 447,258<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,501,805<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,348,403<\/td>\n | <\/td>\n<\/tr>\n | \nGAAP gross margin<\/td>\n | <\/td>\n | 56.8<\/td>\n | %<\/td>\n | <\/td>\n | <\/td>\n | 58.2<\/td>\n | %<\/td>\n | <\/td>\n | <\/td>\n | 56.4<\/td>\n | %<\/td>\n | <\/td>\n | <\/td>\n | 58.1<\/td>\n | %<\/td>\n<\/tr>\n | \nNon-GAAP\u00a0gross profit<\/td>\n | $<\/td>\n | 502,179<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 458,182<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,535,076<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 1,387,701<\/td>\n | <\/td>\n<\/tr>\n | \nNon-GAAP\u00a0gross margin<\/td>\n | <\/td>\n | 58.1<\/td>\n | %<\/td>\n | <\/td>\n | <\/td>\n | 59.6<\/td>\n | %<\/td>\n | <\/td>\n | <\/td>\n | 57.6<\/td>\n | %<\/td>\n | <\/td>\n | <\/td>\n | 59.8<\/td>\n | %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n The measure\u00a0\u201cnon-GAAP\u00a0income from operations\u201d is reconciled with GAAP income from operations below:<\/p>\n \n\n\n<\/td>\n | Three Months Ended<\/td>\n | <\/td>\n | Nine Months Ended<\/td>\n<\/tr>\n | \n<\/td>\n | March 31, \n2022<\/td>\n | <\/td>\n | March 31, \n2021<\/td>\n | <\/td>\n | March 31, \n2022<\/td>\n | <\/td>\n | March 31, \n2021<\/td>\n<\/tr>\n | \nGAAP income from operations<\/td>\n | $<\/td>\n | 234,265<\/td>\n | <\/td>\n | $<\/td>\n | 223,426<\/td>\n | <\/td>\n | $<\/td>\n | 744,889<\/td>\n | <\/td>\n | $<\/td>\n | 662,040<\/td>\n<\/tr>\n | \nAmortization of acquired intangibles\u2014cost of sales\u00a0(A)<\/em><\/sup><\/td>\n<\/td>\n | 10,982<\/td>\n | <\/td>\n | <\/td>\n | 10,924<\/td>\n | <\/td>\n | <\/td>\n | 33,271<\/td>\n | <\/td>\n | <\/td>\n | 34,066<\/td>\n<\/tr>\n | \nAmortization of acquired intangibles\u2014operating expenses\u00a0(A<\/em><\/sup>)<\/sup><\/td>\n<\/td>\n | 7,730<\/td>\n | <\/td>\n | <\/td>\n | 7,445<\/td>\n | <\/td>\n | <\/td>\n | 23,175<\/td>\n | <\/td>\n | <\/td>\n | 23,377<\/td>\n<\/tr>\n | \nRestructuring\u2014cost of sales\u00a0(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | 5,232<\/td>\n<\/tr>\n | \nRestructuring\u2014operating expenses\u00a0(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | 8,673<\/td>\n<\/tr>\n | \nNon-GAAP\u00a0income from operations<\/td>\n | $<\/td>\n | 252,977<\/td>\n | <\/td>\n | $<\/td>\n | 241,795<\/td>\n | <\/td>\n | $<\/td>\n | 801,335<\/td>\n | <\/td>\n | $<\/td>\n | 733,388<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Reconciliation of\u00a0Non-GAAP\u00a0Financial Measures<\/strong> \n(Unaudited; $ in thousands, except for per share amounts)<\/em><\/p>\nThe measures\u00a0\u201cnon-GAAP\u00a0net income\u201d and\u00a0\u201cnon-GAAP\u00a0diluted earnings per share\u201d are reconciled with GAAP net income and GAAP diluted earnings per share in the table below:<\/p>\n \n\n\n<\/td>\n | Three Months Ended<\/td>\n | <\/td>\n | Nine Months Ended<\/td>\n<\/tr>\n | \n<\/td>\n | March 31, \n2022<\/td>\n | <\/td>\n | March 31, \n2021<\/td>\n | <\/td>\n | March 31, \n2022<\/td>\n | <\/td>\n | March 31, \n2021<\/td>\n<\/tr>\n | \nGAAP net income (loss)<\/td>\n | $<\/td>\n | 179,012<\/td>\n | <\/td>\n | $<\/td>\n | (78,481<\/td>\n | )<\/td>\n | <\/td>\n | $<\/td>\n | 584,376<\/td>\n | <\/td>\n | $<\/td>\n | 279,405<\/td>\n | <\/td>\n<\/tr>\n | \nAmortization of acquired intangibles\u2014cost of sales, net of tax(A)<\/em><\/sup><\/td>\n<\/td>\n | 8,374<\/td>\n | <\/td>\n | <\/td>\n | 8,395<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 25,373<\/td>\n | <\/td>\n | <\/td>\n | 26,136<\/td>\n | <\/td>\n<\/tr>\n | \nAmortization of acquired intangibles\u2014operating expenses, net of tax(A)<\/em><\/sup><\/td>\n<\/td>\n | 5,894<\/td>\n | <\/td>\n | <\/td>\n | 5,721<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 17,673<\/td>\n | <\/td>\n | <\/td>\n | 17,936<\/td>\n | <\/td>\n<\/tr>\n | \nReserve for disputed tax position(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | 254,776<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 4,111<\/td>\n | <\/td>\n | <\/td>\n | 254,776<\/td>\n | <\/td>\n<\/tr>\n | \nRestructuring\u2014cost of sales, net of tax(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | 4,663<\/td>\n | <\/td>\n<\/tr>\n | \nRestructuring\u2014operating expenses, net of tax(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | 7,730<\/td>\n | <\/td>\n<\/tr>\n | \n(Gain) loss on equity investments(A)<\/em><\/sup><\/td>\n<\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | (8,476<\/td>\n | )<\/td>\n<\/tr>\n | \nNon-GAAP\u00a0net income(A)<\/em><\/sup><\/td>\n$<\/td>\n | 193,280<\/td>\n | <\/td>\n | $<\/td>\n | 190,411<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 631,533<\/td>\n | <\/td>\n | $<\/td>\n | 582,170<\/td>\n | <\/td>\n<\/tr>\n | \nGAAP diluted shares outstanding<\/td>\n | <\/td>\n | 146,962<\/td>\n | <\/td>\n | <\/td>\n | 145,513<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 147,034<\/td>\n | <\/td>\n | <\/td>\n | 146,394<\/td>\n | <\/td>\n<\/tr>\n | \nAnti-dilutive shares excluded from GAAP<\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | 858<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n | <\/td>\n | \u2014<\/td>\n | <\/td>\n<\/tr>\n | \nNon-GAAP diluted shares outstanding<\/td>\n | <\/td>\n | 146,962<\/td>\n | <\/td>\n | <\/td>\n | 146,371<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | 147,034<\/td>\n | <\/td>\n | <\/td>\n | 146,394<\/td>\n | <\/td>\n<\/tr>\n | \nGAAP diluted earnings (loss) per share<\/td>\n | $<\/td>\n | 1.22<\/td>\n | <\/td>\n | $<\/td>\n | (0.54<\/td>\n | )<\/td>\n | <\/td>\n | $<\/td>\n | 3.97<\/td>\n | <\/td>\n | $<\/td>\n | 1.91<\/td>\n | <\/td>\n<\/tr>\n | \nNon-GAAP\u00a0diluted earnings per share(A)<\/em><\/sup><\/td>\n$<\/td>\n | 1.32<\/td>\n | <\/td>\n | $<\/td>\n | 1.30<\/td>\n | <\/td>\n | <\/td>\n | $<\/td>\n | 4.30<\/td>\n | <\/td>\n | $<\/td>\n | 3.98<\/td>\n | <\/td>\n<\/tr>\n | \n<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (A)\u00a0\u00a0\u00a0\u00a0\u00a0ResMed adjusts for the impact of the amortization of acquired intangibles, reserve for disputed tax positions, restructuring expenses and the (gain) loss on equity investments from their evaluation of ongoing operations, and believes that investors benefit from adjusting these items to facilitate a more meaningful evaluation of current operating performance.<\/p>\n ResMed believes that\u00a0non-GAAP\u00a0diluted earnings per share is an additional measure of performance that investors can use to compare operating results between reporting periods. ResMed uses\u00a0non-GAAP\u00a0information internally in planning, forecasting, and evaluating the results of operations in the current period and in comparing it to past periods. ResMed believes this information provides investors better insight when evaluating ResMed\u2019s performance from core operations and provides consistent financial reporting. The use of\u00a0non-GAAP\u00a0measures is intended to supplement, and not to replace, the presentation of net income and other GAAP measures. Like all\u00a0non-GAAP\u00a0measures,\u00a0non-GAAP\u00a0earnings are subject to inherent limitations because they do not include all the expenses that must be included under GAAP.<\/p>\n Revenue by Product and Region<\/strong> \n(Unaudited; $ in millions, except for per share amounts)<\/em><\/p>\n\n\n\n<\/td>\n | Three Months Ended<\/td>\n<\/tr>\n | \n<\/td>\n | March 31, \n2022<\/td>\n | (A)<\/em><\/sup><\/td>\nMarch 31, \n2021<\/td>\n | (A)<\/em><\/sup><\/td>\n%\u00a0Change<\/td>\n | <\/td>\n | Constant \nCurrency\u00a0(B)<\/em><\/sup><\/td>\n<\/tr>\n\nU.S., Canada, and Latin America<\/strong><\/td>\n<\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |