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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances The following table presents changes in goodwill carrying value during the six months ended December 31, 2021(1):
(In thousands)Wafer Inspection and Patterning
Global Service and Support (GSS)
Specialty Semiconductor ProcessPCB and DisplayComponent InspectionTotal
Balance as of June 30, 2021$416,860 $25,908 $681,858 $872,971 $13,575 $2,011,172 
Acquired goodwill31,621 — — — — 31,621 
Foreign currency adjustments— — — — 
Balance as of December 31, 2021$448,482 $25,908 $681,858 $872,971 $13,575 $2,042,794 
_________________
(1)No goodwill was assigned to the Other reporting unit and, accordingly, it was excluded from the table above.
Schedule of Components of Purchased Intangible Assets
The components of purchased intangible assets as of the dates indicated below were as follows:
(In thousands) As of December 31, 2021As of June 30, 2021
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
$1,400,191 $581,249 $818,942 $1,382,612 $499,219 $883,393 
Customer relationships
4-9
313,317 148,452 164,865 305,817 131,386 174,431 
Trade name / Trademark
4-7
117,983 60,707 57,276 117,383 53,493 63,890 
Backlog and other
<1-9
52,836 50,522 2,314 50,403 49,962 441 
Intangible assets subject to amortization1,884,327 840,930 1,043,397 1,856,215 734,060 1,122,155 
In-process research and development67,656 6,062 61,594 63,256 100 63,156 
Total$1,951,983 $846,992 $1,104,991 $1,919,471 $734,160 $1,185,311 
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 December 31,Six Months Ended December 31,
(In thousands)2021202020212020
Amortization expense - Costs of revenues$41,124 $38,738 $82,248 $75,778 
Amortization expense - SG&A12,389 12,301 24,778 25,730 
Amortization expense - Research and development31 31 62 62 
Total $53,544 $51,070 $107,088 $101,570 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of December 31, 2021, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:Amortization (In thousands)
2022 (remaining six months)$107,197 
2023212,659 
2024209,665 
2025197,596 
2026182,271 
2027 and thereafter134,009 
Total$1,043,397