SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

9 Months Ended

Mar. 31, 2021

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				Nine Months Ended
	March 31,				March 31,
(In thousands)	2021		2020		2021		2020
Semiconductor Process Control:
Revenues	$	1,506,140	$	1,177,777	$	4,154,278	$	3,588,839
Segment gross margin	982,511		752,649		2,681,411		2,290,721
Specialty Semiconductor Process:
Revenues	91,724		85,083		271,264		229,328
Segment gross margin	51,720		47,187		152,819		126,684
PCB, Display and Component Inspection:
Revenues	205,202		160,411		565,646		525,242
Segment gross margin	100,311		71,163		275,064		229,769
Other:
Revenues	149		469		739		3,217
Segment gross margin	40		(271)		(68)		499
Totals:
Revenues for reportable segments	$	1,803,215	$	1,423,740	$	4,991,927	$	4,346,626
Segment gross margin	$	1,134,582	$	870,728	$	3,109,226	$	2,647,673

Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue

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

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
(In thousands)	2021		2020		2021		2020
Total revenues for reportable segments	$	1,803,215	$	1,423,740	$	4,991,927	$	4,346,626
Corporate allocations and effects of foreign exchange rates	558		224		1,336		205
Total revenues	$	1,803,773	$	1,423,964	$	4,993,263	$	4,346,831

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				Nine Months Ended
	March 31,				March 31,
(In thousands)	2021		2020		2021		2020
Total segment gross margin	$	1,134,582	$	870,728	$	3,109,226	$	2,647,673
Acquisition-related charges, corporate allocations, and effects of foreign exchange rates(1)	40,438		36,922		115,887		128,859
Research and development	238,957		215,433		687,059		646,764
Selling, general and administrative	183,040		185,760		537,580		566,358
Goodwill impairment	—		256,649		—		256,649
Interest expense	39,092		39,231		117,358		120,053
Loss on extinguishment of debt	—		22,538		—		22,538
Other expense (income), net	(7,348)		(1,004)		(269)		(5,190)
Income before income taxes	$	640,403	$	115,199	$	1,651,611	$	911,642

__________________

(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 March 31,								Nine Months Ended March 31,
	2021				2020				2021				2020
Revenues:
Korea	$	557,514	31	%	$	297,687	21	%	$	1,094,979	22	%	$	677,085	16	%
Taiwan	401,797		22	%	349,841		24	%	1,151,683		23	%	1,183,653		27	%
China	353,393		20	%	352,343		25	%	1,221,639		24	%	1,079,951		25	%
North America	174,728		10	%	159,250		11	%	559,712		11	%	499,750		11	%
Japan	161,190		9	%	152,984		11	%	482,330		10	%	553,999		13	%
Europe and Israel	95,080		5	%	76,021		5	%	278,398		6	%	232,870		5	%
Rest of Asia	60,071		3	%	35,838		3	%	204,522		4	%	119,523		3	%
Total	$	1,803,773	100	%	$	1,423,964	100	%	$	4,993,263	100	%	$	4,346,831	100	%

Schedule of Revenues by Major Products

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

(Dollar amounts in thousands)	Three Months Ended March 31,								Nine Months Ended March 31,
	2021				2020				2021				2020
Revenues:
Wafer Inspection	$	714,990	40	%	$	536,318	38	%	$	1,921,571	38	%	$	1,590,723	37	%
Patterning	399,533		22	%	298,973		21	%	1,077,977		22	%	970,709		22	%
Specialty Semiconductor Process	76,852		4	%	68,815		5	%	222,857		4	%	186,626		4	%
PCB, Display and Component Inspection	141,539		8	%	103,811		7	%	377,990		8	%	353,406		8	%
Services	428,453		24	%	372,868		26	%	1,234,425		25	%	1,093,210		25	%
Other	42,406		2	%	43,179		3	%	158,443		3	%	152,157		4	%
Total	$	1,803,773	100	%	$	1,423,964	100	%	$	4,993,263	100	%	$	4,346,831	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)	March 31, 2021		June 30, 2020
Land, property and equipment, net:
United States	$	419,581	$	329,558
Singapore	73,403		54,946
Europe	56,016		58,065
Israel	55,849		59,162
Rest of Asia	23,589		18,093
Total	$	628,438	$	519,824