GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Rollforward

The following table presents the carrying value of goodwill and the movements by reporting unit during the fiscal years ended June 30, 2024 and 2023:

(In thousands)	Wafer Inspection and Patterning		Global Service and Support (“GSS”)		Specialty Semiconductor Process		PCB and Display		PCB		Display		Component Inspection		Total
Balances as of June 30, 2022
Goodwill	$	1,003,307	$	25,908	$	826,037	$	985,441	$	—	$	—	$	13,575	$	2,854,268
Accumulated impairment losses	(277,570)		—		(144,179)		(112,470)		—		—		—		(534,219)
	725,737		25,908		681,858		872,971		—		—		13,575		$	2,320,049
Activity for the year ended June 30, 2023
Acquired goodwill	6,776		—		—		—		—		—		—		6,776
Goodwill disposal from sale of business(1)	—		—		—		(42,622)		—		—		—		(42,622)
Goodwill adjustments	(5,337)		—		—		—		—		—		—		(5,337)
Foreign currency adjustment	(46)		—		—		—		—		—		—		(46)
Balances as of June 30, 2023
Goodwill	1,004,700		25,908		826,037		942,819		—		—		13,575		2,813,039
Accumulated impairment losses	(277,570)		—		(144,179)		(112,470)		—		—		—		(534,219)
	727,130		25,908		681,858		830,349		—		—		13,575		2,278,820
Activity for the year ended June 30, 2024
Goodwill impairment	—		—		—		(192,600)		—		(70,474)				(263,074)
Reallocation due to change in reporting units	—		—		—		(637,749)		567,275		70,474				—
Foreign currency adjustments	(20)		—		—		—		—		—		—		(20)
Balances as of June 30, 2024
Goodwill	1,004,680		25,908		826,037		—		567,275		70,474		13,575		2,507,949
Accumulated impairment losses	(277,570)		—		(144,179)		—		—		(70,474)		—		(492,223)
	$	727,110	$	25,908	$	681,858	$	—	$	567,275	$	—	$	13,575	$	2,015,726

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(1)Refer to the Business Dispositions section of Note 6 “Business Combinations and Dispositions” for more information on the sale of Orbograph.

Schedule of Purchased Intangible Assets

The components of purchased intangible assets as of the dates indicated below were as follows:

(In thousands)		As of June 30, 2024						As of June 30, 2023
Category	Range of Useful Lives (in years)	Gross Carrying Amount		Accumulated Amortization and Impairment		Net Amount		Gross Carrying Amount		Accumulated Amortization and Impairment		Net Amount
Existing technology	4-8	$	1,552,074	$	1,045,585	$	506,489	$	1,536,826	$	841,815	$	695,011
Customer relationships	4-9	358,567		248,106		110,461		358,567		205,037		153,530
Trade name/trademark	4-7	119,083		97,106		21,977		116,583		78,749		37,834
Order backlog and other	<1-7	83,336		82,740		596		85,836		82,264		3,572
Intangible assets subject to amortization		2,113,060		1,473,537		639,523		2,097,812		1,207,865		889,947
IPR&D		46,074		16,833		29,241		61,322		15,966		45,356
Total		$	2,159,134	$	1,490,370	$	668,764	$	2,159,134	$	1,223,831	$	935,303

Schedule of Amortization Expense for Purchased Intangible Assets

Amortization expense for purchased intangible assets for the periods indicated below was as follows:

	Year Ended June 30,
(In thousands)	2024		2023		2022
Amortization expense - Cost of revenues	$	182,970	$	181,405	$	168,957
Amortization expense - SG&A	56,302		79,089		60,017
Amortization expense - R&D	—		125		124
Total	$	239,272	$	260,619	$	229,098

Schedule of Remaining Estimated Amortization Expense

Based on the purchased intangible assets’ gross carrying value recorded as of June 30, 2024, the remaining estimated annual amortization expense is expected to be as follows:

Fiscal Year Ending June 30:	Amortization (In thousands)
2025	$	218,639
2026	197,846
2027	125,517
2028	48,849
2029	34,530
Thereafter	14,142
Total	$	639,523