XML 64 R50.htm IDEA: XBRL DOCUMENT v3.20.2
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)
 12 Months Ended
Jun. 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:
 Year ended June 30,
(In thousands)202020192018
Semiconductor Process Control:
Revenue$4,745,446  $4,080,822  $3,944,015  
Segment gross margin$3,028,167  $2,590,434  $2,554,223  
Specialty Semiconductor Process:
Revenue$329,700  $151,164  $—  
Segment gross margin$183,641  $78,800  $—  
PCB, Display and Component Inspection:
Revenue$727,451  $332,810  $92,516  
Segment gross margin$315,723  $155,765  $38,428  
Other:
Revenue$3,614  $4,676  $—  
Segment gross margin$(63) $1,102  $—  
Totals:
Revenue$5,806,211  $4,569,472  $4,036,531  
Segment gross margin$3,527,468  $2,826,101  $2,592,651  
Reconciliation of Total Reportable Segments Revenue to Total Revenue
The following table reconciles total reportable segment revenue to total revenue for the indicated periods:
 Year ended June 30,
(In thousands)202020192018
Total revenue for reportable segments$5,806,211  $4,569,472  $4,036,531  
Corporate allocations and effects of foreign exchange rates213  (568) 170  
Total revenue$5,806,424  $4,568,904  $4,036,701  
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:
 Year ended June 30,
(In thousands)202020192018
Total segment gross margin $3,527,468  $2,826,101  $2,592,651  
Acquisition-related charges, corporate allocations and effects of foreign exchange rates(1)
170,605  126,574  1,991  
Research and development863,864  711,030  608,531  
Selling, general and administrative734,149  599,124  442,304  
Goodwill impairment256,649  —  —  
Interest expense160,274  124,604  114,376  
Loss on extinguishment of debt22,538  —  —  
Other expense (income), net2,678  (31,462) (30,482) 
Income before income taxes$1,316,711  $1,296,231  $1,455,931  
__________________
(1)Acquisition-related charges primarily include amortization of intangible assets, amortization of inventory fair value adjustments, and other acquisition-related costs classified or presented as part of costs of revenues.
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)Year ended June 30,
202020192018
Revenues:
Taiwan$1,566,823  27 %$1,105,726  24 %$636,363  16 %
China1,457,579  25 %1,215,807  27 %643,033  16 %
Korea982,171  17 %584,091  13 %1,178,601  29 %
Japan670,287  12 %581,529  13 %638,358  16 %
United States657,550  11 %596,452  13 %494,330  12 %
Europe and Israel318,483  5 %305,924  7 %300,883  7 %
Rest of Asia153,531  3 %179,375  3 %145,133  4 %
Total$5,806,424  100 %$4,568,904  100 %$4,036,701  100 %
Revenues by Major Products
The following is a summary of revenues by major products for the indicated periods:
(Dollar amounts in thousands)Year ended June 30,
202020192018
Revenues:
Wafer Inspection$2,080,484  36 %$1,630,899  36 %$1,714,421  42 %
Patterning1,278,382  22 %1,161,263  25 %1,133,410  29 %
Specialty Semiconductor Process269,667  5 %129,854  3 %—  — %
PCB, Display and Component Inspection497,026  9 %238,275  5 %85,836  2 %
Services1,477,699  25 %1,176,661  26 %876,030  22 %
Other203,166  3 %231,952  5 %227,004  5 %
Total$5,806,424  100 %$4,568,904  100 %$4,036,701  100 %
Long-Lived Assets by Geographic Region
Long-lived assets by geographic region as of the dates indicated below were as follows:
 As of June 30,
(In thousands)20202019
Long-lived assets:
United States$329,558  $253,255  
Israel59,162  66,082  
Europe58,065  62,027  
Singapore54,946  49,523  
Rest of Asia18,093  17,912  
Total$519,824  $448,799