| Cash Flow | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Net earnings | 225,196 | 128,168 | 126,403 | 24,861 |
| Depreciation | 52,983 | 188,034 | 128,627 | 65,882 |
| Amortization | 69,446 | 230,741 | 143,578 | 71,862 |
| Share-based compensation expense | 44,134 | 116,649 | 75,689 | 34,960 |
| Amortization of debt issuance costs | 9,786 | 15,661 | 10,418 | 5,484 |
| Non-cash restructuring charges | - | 43,002 | 18,370 | 18,352 |
| Non-cash restructuring and impairment charges | 9,872 | - | - | - |
| Loss on disposal of property, plant and equipment | -127 | -112 | -67 | 22 |
| Unrealized losses (gains) on foreign currency remeasurements and transactions | 4,226 | -6,841 | 9,529 | -21,491 |
| Earnings from equity investments | 215 | 626 | 501 | 392 |
| Deferred income taxes | -83,665 | -88,101 | -59,618 | -42,655 |
| Gain on sale of business | 115,211 | - | - | - |
| Gain on sale of equity investment | 6,726 | - | - | - |
| Loss on debt extinguishment | -3,056 | - | - | - |
| Accounts receivable | 66,628 | 166,115 | 38,849 | -22,583 |
| Inventories | 219,120 | 97,301 | 66,521 | 54,781 |
| Accounts payable | 105,357 | 128,263 | 48,020 | 44,644 |
| Contract liabilities | -8,022 | 4,619 | -9,845 | -9,273 |
| Income taxes | 37,221 | -2,174 | 8,821 | -13,606 |
| Accrued compensation and benefits | -48,206 | 29,874 | 1,076 | -15,465 |
| Other operating net assets (liabilities) | -40,796 | 34,331 | 35,847 | 20,945 |
| Net cash provided by operating activities | 45,955 | 503,316 | 340,359 | 152,980 |
| Additions to property, plant & equipment | 103,946 | 309,486 | 197,667 | 91,984 |
| Proceeds from sale of equity investment | 9,635 | - | - | - |
| Proceeds from the sale of business | - | 27,000 | 27,000 | 27,000 |
| Proceeds from the sale of business, net of fees | 391,127 | - | - | - |
| Other investing activities | 18 | 1,038 | 1,126 | 750 |
| Net cash provided by (used in) investing activities | 296,798 | -283,524 | -171,793 | -65,734 |
| Proceeds from borrowing of credit facility-Term ALoan Facility | 1,250,000 | - | - | - |
| Sale of shares to noncontrolling interests | - | 0 | 0 | - |
| Proceeds from borrowing of credit facility-Term BLoan Facility | 3,267 | - | - | - |
| Proceeds from borrowings of revolving credit facilities | 88,908 | 35,862 | - | - |
| Payments on existing debt | 1,650,805 | 386,006 | 250,210 | 117,859 |
| Payments on borrowings under revolving credit facilities | 77,046 | 34,148 | - | - |
| Equity issuance costs | - | 0 | 0 | - |
| Debt issuance costs | 8,542 | - | - | - |
| Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan | 21,278 | 47,462 | 29,234 | 24,405 |
| Payments in satisfaction of employees' minimum tax obligations | 37,443 | 48,939 | 45,042 | 31,990 |
| Cash dividends paid | 11,438 | - | - | - |
| Other financing activities | 335 | -719 | -455 | -219 |
| Net cash used in financing activities | -421,486 | -386,488 | -266,473 | -125,663 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | -1,280 | 3,040 | -23,137 | 31,189 |
| Net decrease in cash, cash equivalents, and restricted cash | -80,013 | -163,656 | -121,044 | -7,228 |
| Cash and cash equivalents at beginning of period | 1,632,913 | 1,789,686 | 1,789,686 | 1,789,686 |
| Cash and cash equivalents at end of period | 1,552,900 | 1,626,030 | 1,668,642 | 1,782,458 |
COHERENT CORP. (COHR)
COHERENT CORP. (COHR)