GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)

6 Months Ended

Dec. 31, 2022

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, 2022:

(In thousands)	Wafer Inspection and Patterning		Global Service and Support (“GSS”)		Specialty Semiconductor Process		Printed Circuit Board (“PCB”) and Display		Component Inspection		Total
Balance as of June 30, 2022	$	725,737	$	25,908	$	681,858	$	872,971	$	13,575	$	2,320,049
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 adjustments	(57)		—		—		—		—		(57)
Balance as of December 31, 2022	$	727,119	$	25,908	$	681,858	$	830,349	$	13,575	$	2,278,809

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

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, 2022						As of June 30, 2022
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	$	1,536,826	$	750,923	$	785,903	$	1,523,691	$	668,175	$	855,516
Customer relationships	4-9	358,567		185,462		173,105		366,567		167,819		198,748
Trade name / Trademark	4-7	116,583		71,281		45,302		121,083		68,194		52,889
Order backlog and other	<1-9	85,836		70,411		15,425		87,836		58,970		28,866
Intangible assets subject to amortization(1)		2,097,812		1,078,077		1,019,735		2,099,177		963,158		1,136,019
In-process research and development		61,322		15,966		45,356		64,457		6,062		58,395
Total		$	2,159,134	$	1,094,043	$	1,065,091	$	2,163,634	$	969,220	$	1,194,414

(1) The disposition of Orbograph during the three months ended September 30, 2022 resulted in a decrease in the gross amount of intangible assets subject to amortization of $34.5 million, a decrease in accumulated amortization of $15.9 million, and a decrease in the net amount of $18.6 million. Refer to the “Business Dispositions” section of Note 6 “Business Combinations and Dispositions” for more information on the sale of Orbograph.

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)	2022		2021		2022		2021
Amortization expense - Costs of revenues	$	45,446	$	41,124	$	90,512	$	82,248
Amortization expense - SG&A	20,128		12,389		40,256		24,778
Amortization expense - Research and development	31		31		62		62
Total	$	65,605	$	53,544	$	130,830	$	107,088

Schedule of Remaining Estimated Amortization Expense

Based on the purchased intangible assets gross carrying amount recorded as of December 31, 2022, the remaining estimated annual amortization expense is expected to be as follows:

Fiscal year ending June 30:	Amortization (In thousands)
2023 (remaining six months)	$	129,787
2024	238,575
2025	222,123
2026	206,211
2027	129,630
2028 and thereafter	93,409
Total	$	1,019,735