|
CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2010
|
|
| Net sales | $ 314,560 | $ 289,962 | $ 269,047 |
| Cost of sales | 78,756 | 65,025 | 54,898 |
| Gross margin | 235,804 | 224,937 | 214,149 |
| Operating expenses: | |||
| Selling, general and administrative | 41,683 | 35,897 | 32,700 |
| Research and development | 27,912 | 25,985 | 25,121 |
| Total operating expenses | 69,595 | 61,882 | 57,821 |
| Operating income | 166,209 | 163,055 | 156,328 |
| Other income (expense): | |||
| Interest income | 2,639 | 3,752 | 4,375 |
| Impairment losses on investments | (3,254) | 0 | 0 |
| Other non-operating expense, net | (3,399) | (1,826) | (4,257) |
| Total other (expense) income | (4,014) | 1,926 | 118 |
| Earnings before income taxes | 162,195 | 164,981 | 156,446 |
| Income taxes | 49,864 | 52,679 | 46,670 |
| Net earnings | 112,331 | 112,302 | 109,776 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustments | (3,804) | 5,028 | (13,932) |
| Unrealized gains (losses) on available-for-sale investments, net of tax of $23,422, ($44) and $97, respectively | 41,870 | (85) | 175 |
| Other comprehensive income (loss) | 38,066 | 4,943 | (13,757) |
| Comprehensive income | $ 150,397 | $ 117,245 | $ 96,019 |
| Earnings per share: | |||
| Basic | $ 3.04 | $ 3.03 | $ 2.95 |
| Diluted | $ 3.04 | $ 3.02 | $ 2.94 |
| Cash dividends per common share: | $ 1.11 | $ 1.07 | $ 1.03 |
| Weighted average common shares outstanding: | |||
| Basic | 36,939 | 37,098 | 37,255 |
| Diluted | 37,006 | 37,172 | 37,347 |