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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
3 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances The following table presents goodwill carrying value and the movements during the three months ended September 30, 2020(1):
(In thousands)Wafer Inspection and Patterning
Global Service and Support (GSS)
Specialty Semiconductor ProcessPCB and DisplayComponent InspectionTotal
Balance as of June 30, 2020$416,840 $25,908 $681,858 $907,221 $13,575 $2,045,402 
Foreign currency adjustments30 — — — — 30 
Balance as of September 30, 2020$416,870 $25,908 $681,858 $907,221 $13,575 $2,045,432 
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(1)No goodwill was assigned to the Other reporting unit, and accordingly it was excluded in the table above.
Components of Purchased Intangible Assets
The components of purchased intangible assets as of the dates indicated below were as follows:
As ofAs of
(In thousands) September 30, 2020June 30, 2020
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
$1,269,883 $379,663 $890,220 $1,269,883 $342,623 $927,260 
Customer relationships
4-9
305,817 106,912 198,905 305,817 98,754 207,063 
Trade name / Trademark
4-7
117,383 42,785 74,598 117,383 39,216 78,167 
Backlog and other
<1-9
50,404 48,948 1,456 50,404 47,215 3,189 
Intangible assets subject to amortization1,743,487 578,308 1,165,179 1,743,487 527,808 1,215,679 
In-process research and development175,834 100 175,734 175,834 100 175,734 
Total$1,919,321 $578,408 $1,340,913 $1,919,321 $527,908 $1,391,413 
Schedule of Amortization Expense for Purchased Intangible Assets Amortization expense for purchased intangible assets for the periods indicated below was as follows:
Three Months Ended
September 30,
(In thousands)20202019
Amortization expense - Cost of revenues$37,040 $35,621 
Amortization expense - Selling, general and administrative13,429 22,256 
Amortization expense - Research and development31 31 
Total $50,500 $57,908 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of September 30, 2020, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:Amortization (In thousands)
2021 (remaining nine months)$147,317 
2022195,239 
2023194,147 
2024191,630 
2025179,421 
2026 and thereafter257,425 
Total$1,165,179