| Condensed Balance Sheet |
Consolidated Balance Sheets
|
|
|
|
|
|
|
|
|
|
|
As of June 30,
|
|
(In thousands)
|
2018
|
|
2017
|
|
Accounts receivable, net:
|
|
|
|
|
Accounts receivable, gross
|
$
|
663,317
|
|
|
$
|
592,753
|
|
|
Allowance for doubtful accounts
|
(11,639
|
)
|
|
(21,636
|
)
|
|
|
$
|
651,678
|
|
|
$
|
571,117
|
|
|
Inventories:
|
|
|
|
|
Customer service parts
|
$
|
253,639
|
|
|
$
|
245,172
|
|
|
Raw materials
|
331,065
|
|
|
240,389
|
|
|
Work-in-process
|
280,208
|
|
|
193,026
|
|
|
Finished goods
|
66,933
|
|
|
54,401
|
|
|
|
$
|
931,845
|
|
|
$
|
732,988
|
|
|
Other current assets:
|
|
|
|
|
Prepaid expenses
|
$
|
47,088
|
|
|
$
|
36,146
|
|
|
Prepaid income tax and other taxes
|
23,452
|
|
|
22,071
|
|
|
Other current assets
|
14,619
|
|
|
13,004
|
|
|
|
$
|
85,159
|
|
|
$
|
71,221
|
|
|
Land, property and equipment, net:
|
|
|
|
|
Land
|
$
|
40,599
|
|
|
$
|
40,617
|
|
|
Buildings and leasehold improvements
|
335,647
|
|
|
319,306
|
|
|
Machinery and equipment
|
577,077
|
|
|
551,277
|
|
|
Office furniture and fixtures
|
22,171
|
|
|
21,328
|
|
|
Construction-in-process
|
9,180
|
|
|
4,597
|
|
|
|
984,674
|
|
|
937,125
|
|
|
Less: accumulated depreciation and amortization
|
(698,368
|
)
|
|
(653,150
|
)
|
|
|
$
|
286,306
|
|
|
$
|
283,975
|
|
|
Other non-current assets:
|
|
|
|
|
Executive Deferred Savings Plan
|
$
|
197,213
|
|
|
$
|
182,150
|
|
|
Other non-current assets
|
19,606
|
|
|
13,526
|
|
|
|
$
|
216,819
|
|
|
$
|
195,676
|
|
|
Other current liabilities:
|
|
|
|
|
Executive Deferred Savings Plan
|
$
|
199,505
|
|
|
$
|
183,603
|
|
|
Compensation and benefits
|
177,587
|
|
|
172,707
|
|
|
Other accrued expenses
|
123,869
|
|
|
116,039
|
|
|
Customer credits and advances
|
116,440
|
|
|
95,188
|
|
|
Warranty
|
42,258
|
|
|
45,458
|
|
|
Income taxes payable
|
23,287
|
|
|
17,040
|
|
|
Interest payable
|
16,947
|
|
|
19,396
|
|
|
|
$
|
699,893
|
|
|
$
|
649,431
|
|
|
Other non-current liabilities:
|
|
|
|
|
Pension liabilities
|
$
|
66,786
|
|
|
$
|
72,801
|
|
|
Income taxes payable
|
371,665
|
|
|
68,439
|
|
|
Other non-current liabilities
|
32,912
|
|
|
31,167
|
|
|
|
$
|
471,363
|
|
|
$
|
172,407
|
|
|
| Schedule of Accumulated Other Comprehensive Income (Loss) |
The components of accumulated other comprehensive income (loss) (“OCI”) as of the dates indicated below were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands)
|
Currency Translation Adjustments
|
|
Unrealized Gains (Losses) on Available-for-Sale Securities
|
|
Unrealized Gains (Losses) on Cash Flow Hedges
|
|
Unrealized Gains (Losses) on Defined Benefit Plans
|
|
Total
|
|
Balance as of June 30, 2018
|
$
|
(29,974
|
)
|
|
$
|
(11,032
|
)
|
|
$
|
1,932
|
|
|
$
|
(14,859
|
)
|
|
$
|
(53,933
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of June 30, 2017
|
$
|
(30,654
|
)
|
|
$
|
(3,869
|
)
|
|
$
|
5,221
|
|
|
$
|
(22,021
|
)
|
|
$
|
(51,323
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Statements of Operations |
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended June 30,
|
|
(In thousands)
|
2018
|
|
2017
|
|
2016
|
|
Other expense (income), net:
|
|
|
|
|
|
|
Interest income
|
$
|
(36,869
|
)
|
|
$
|
(23,270
|
)
|
|
$
|
(14,507
|
)
|
|
Foreign exchange losses, net
|
708
|
|
|
641
|
|
|
1,235
|
|
|
Net realized losses (gains) on sale of investments
|
209
|
|
|
(191
|
)
|
|
(311
|
)
|
|
Other
|
2,839
|
|
|
3,359
|
|
|
(7,051
|
)
|
|
|
$
|
(33,113
|
)
|
|
$
|
(19,461
|
)
|
|
$
|
(20,634
|
)
|
|