SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Summary of Results for Reportable Segments

The following is a summary of results for each of our four reportable segments for the indicated periods:

	Three Months Ended
	September 30,
(In thousands)	2020		2019
Semiconductor Process Control:
Revenue	$	1,267,954	$	1,163,632
Segment gross margin	814,810		742,342
Specialty Semiconductor Process:
Revenue	88,954		69,139
Segment gross margin	49,928		38,164
PCB, Display and Component Inspection:
Revenue	181,177		178,552
Segment gross margin	90,169		76,068
Other:
Revenue	140		2,231
Segment gross margin	13		653
Totals:
Revenue	$	1,538,225	$	1,413,554
Segment gross margin	$	954,920	$	857,227

Reconciliation of Total Reportable Segments Revenue to Total Revenue

The following table reconciles total reportable segment revenue to total revenue for the indicated periods:

	Three Months Ended
	September 30,
(In thousands)	2020		2019
Total revenue for reportable segments	$	1,538,225	$	1,413,554
Corporate allocations and effects of foreign exchange rates	395		(140)
Total revenue	$	1,538,620	$	1,413,414

Reconciliation of Total Segment Gross Margin to Total Income Before Income Taxes

The following table reconciles total segment gross margin to total income before income taxes for the indicated periods:

	Three Months Ended
	September 30,
(In thousands)	2020		2019
Total segment gross margin	$	954,920	$	857,227
Acquisition-related charges, corporate allocations, and effects of foreign exchange rates(1)	36,862		48,054
Research and development	219,038		210,580
Selling, general and administrative	172,631		188,345
Interest expense	39,386		40,350
Other expense (income), net	3,197		(1,618)
Income before income taxes	$	483,806	$	371,516

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(1)Acquisition-related charges primarily include amortization of intangible assets and amortization of inventory fair value adjustments presented as part of costs of revenues.

Schedule of Revenues by Geographic Region

The following is a summary of revenues by geographic region, based on ship-to location, for the indicated periods:

(Dollar amounts in thousands)	Three Months Ended September 30,
	2020				2019
Revenues:
China	$	486,089	32	%	$	345,856	24	%
Taiwan	369,100		24	%	386,729		27	%
Korea	189,518		12	%	197,450		14	%
North America	170,176		11	%	181,983		13	%
Japan	164,419		11	%	206,211		15	%
Europe and Israel	83,117		5	%	59,383		4	%
Rest of Asia	76,201		5	%	35,802		3	%
Total	$	1,538,620	100	%	$	1,413,414	100	%

Schedule of Revenues by Major Products

The following is a summary of revenues by major products for the indicated periods:

(Dollar amounts in thousands)	Three Months Ended September 30,
	2020				2019
Revenues:
Wafer Inspection	$	519,551	34	%	$	448,274	32	%
Patterning	370,932		24	%	382,658		27	%
Specialty Semiconductor Process	74,027		5	%	56,870		4	%
PCB, Display and Component Inspection	120,626		8	%	120,360		9	%
Services	393,125		26	%	355,439		25	%
Other	60,359		3	%	49,813		3	%
Total	$	1,538,620	100	%	$	1,413,414	100	%

Schedule of Long-Lived Assets by Geographic Region

Land, property and equipment, net by geographic region as of the dates indicated below were as follows: 

	As of		As of
(In thousands)	September 30, 2020		June 30, 2020
Land, property and equipment, net:
United States	$	371,987	$	329,558
Israel	57,830		59,162
Singapore	56,858		54,946
Europe	56,594		58,065
Rest of Asia	18,583		18,093
Total	$	561,852	$	519,824