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REVENUE
 6 Months Ended
Dec. 26, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Deferred Revenue
Revenue of $191.0 million and $756.7 million included in deferred revenue as of June 27, 2021 was recognized during the three and six months ended December 26, 2021.
The following table summarizes the transaction price for contracts that have not yet been recognized as revenue as of December 26, 2021 and when the Company expects to recognize the amounts as revenue:
Less than 1 Year1-3 YearsMore than 3 YearsTotal
(In thousands)
Deferred revenue$1,294,628 $163,533 
(1)
$— $1,458,161 
(1) This amount is reported in Deferred profit on the Company's Condensed Consolidated Balance Sheets as the customers can demand the liability to be performed at any time.
Disaggregation of Revenue
The Company operates in one reportable business segment: manufacturing and servicing of wafer processing semiconductor manufacturing equipment. The Company’s material operating segments qualify for aggregation due to their customer base and similarities in economic characteristics, nature of products and services, and processes for procurement, manufacturing, and distribution.
The Company operates in seven geographic regions: United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. For geographical reporting, revenue is attributed to the geographic location in which the customers’ facilities are located. The Company serves three primary markets: memory, foundry, and logic/integrated device manufacturing.
The following table presents the Company’s revenues disaggregated between system and its customer support-related revenue:
Three Months EndedSix Months Ended
December 26,
2021		December 27,
2020		December 26,
2021		December 27,
2020
(In thousands)
System revenue$2,740,173 $2,307,421 $5,665,056 $4,455,662 
Customer support-related revenue and other1,486,431 1,148,816 2,866,013 2,177,655 
$4,226,604 $3,456,237 $8,531,069 $6,633,317 
System revenue includes sales of new leading-edge equipment in deposition, etch and clean markets.
Customer support-related revenue includes sales of customer service, spares, upgrades, and non-leading-edge equipment from the Company’s Reliant product line.
The following table presents the Company’s revenues disaggregated by geographic region:
Three Months EndedSix Months Ended
December 26,
2021		December 27,
2020		December 26,
2021		December 27,
2020
(In thousands)
China$1,080,973 $1,208,185 $2,688,683 $2,382,854 
Korea1,068,220 712,525 1,986,357 1,468,782 
Taiwan773,121 584,299 1,411,187 1,030,390 
Japan513,936 344,023 982,667 736,549 
Southeast Asia364,382 365,458 729,630 568,797 
United States244,798 137,492 473,009 275,384 
Europe181,174 104,255 259,536 170,561 
$4,226,604 $3,456,237 $8,531,069 $6,633,317 
The following table presents the percentages of leading- and non-leading-edge equipment and upgrade revenue to each of the primary markets the Company serves:
Three Months EndedSix Months Ended
December 26,
2021		December 27,
2020		December 26,
2021		December 27,
2020
Memory58 %68 %61 %63 %
Foundry31 %26 %28 %31 %
Logic/integrated device manufacturing11 %6 %11 %6 %