SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

6 Months Ended

Dec. 31, 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				Six Months Ended
	December 31,				December 31,
(In thousands)	2020		2019		2020		2019
Semiconductor Process Control:
Revenues	$	1,380,184	$	1,247,430	$	2,648,138	$	2,411,062
Segment gross margin	884,090		795,730		1,698,900		1,538,072
Specialty Semiconductor Process:
Revenues	90,587		75,106		179,540		144,245
Segment gross margin	51,171		41,333		101,099		79,497
PCB, Display and Component Inspection:
Revenues	179,267		186,279		360,444		364,831
Segment gross margin	84,584		82,538		174,753		158,606
Other:
Revenues	449		517		590		2,748
Segment gross margin	(121)		117		(108)		770
Totals:
Revenues for reportable segments	$	1,650,487	$	1,509,332	$	3,188,712	$	2,922,886
Segment gross margin	$	1,019,724	$	919,718	$	1,974,644	$	1,776,945

Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue

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

	Three Months Ended				Six Months Ended
	December 31,				December 31,
(In thousands)	2020		2019		2020		2019
Total revenues for reportable segments	$	1,650,487	$	1,509,332	$	3,188,712	$	2,922,886
Corporate allocations and effects of foreign exchange rates	383		121		778		(19)
Total revenues	$	1,650,870	$	1,509,453	$	3,189,490	$	2,922,867

Schedule of 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				Six Months Ended
	December 31,				December 31,
(In thousands)	2020		2019		2020		2019
Total segment gross margin	$	1,019,724	$	919,718	$	1,974,644	$	1,776,945
Acquisition-related charges, corporate allocations, and effects of foreign exchange rates(1)	38,587		43,883		75,449		91,937
Research and development	229,064		220,751		448,102		431,331
Selling, general and administrative	181,909		192,253		354,540		380,598
Interest expense	38,880		40,472		78,266		80,822
Other expense (income), net	3,882		(2,568)		7,079		(4,186)
Income before income taxes	$	527,402	$	424,927	$	1,011,208	$	796,443

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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 December 31,								Six Months Ended December 31,
	2020				2019				2020				2019
Revenues:
China	$	382,157	23	%	$	381,752	25	%	$	868,246	27	%	$	727,608	25	%
Taiwan	380,785		23	%	447,083		30	%	749,886		24	%	833,812		28	%
Korea	347,947		21	%	181,948		12	%	537,465		17	%	379,398		13	%
North America	214,808		13	%	158,517		11	%	384,984		12	%	340,500		12	%
Japan	156,721		10	%	194,804		13	%	321,140		10	%	401,015		14	%
Europe and Israel	100,201		6	%	97,466		6	%	183,318		6	%	156,849		5	%
Rest of Asia	68,251		4	%	47,883		3	%	144,451		4	%	83,685		3	%
Total	$	1,650,870	100	%	$	1,509,453	100	%	$	3,189,490	100	%	$	2,922,867	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 December 31,								Six Months Ended December 31,
	2020				2019				2020				2019
Revenues:
Wafer Inspection	$	687,030	42	%	$	606,131	40	%	$	1,206,581	38	%	$	1,054,405	36	%
Patterning	307,512		19	%	289,078		19	%	678,444		21	%	671,736		23	%
Specialty Semiconductor Process	71,978		4	%	60,941		4	%	146,005		5	%	117,811		4	%
PCB, Display and Component Inspection	115,825		7	%	129,235		9	%	236,451		7	%	249,595		9	%
Services	412,847		25	%	364,903		24	%	805,972		25	%	720,342		24	%
Other	55,678		3	%	59,165		4	%	116,037		4	%	108,978		4	%
Total	$	1,650,870	100	%	$	1,509,453	100	%	$	3,189,490	100	%	$	2,922,867	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)	December 31, 2020		June 30, 2020
Land, property and equipment, net:
United States	$	391,080	$	329,558
Israel	57,562		59,162
Singapore	68,027		54,946
Europe	55,979		58,065
Rest of Asia	21,537		18,093
Total	$	594,185	$	519,824