GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Rollforward

The following table presents goodwill carrying value and the movements by reporting unit during the fiscal years ended June 30, 2023 and 2022(1):

(In thousands)	Wafer Inspection and Patterning		Global Service and Support (“GSS”)		Specialty Semiconductor Process		PCB and Display		Component Inspection		Total
Balance as of June 30, 2021	$	416,860	$	25,908	$	681,858	$	872,971	$	13,575	$	2,011,172
Acquired goodwill	308,952		—		—		—		—		308,952
Foreign currency adjustment	(75)		—		—		—		—		(75)
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(2)	—		—		—		(42,622)		—		(42,622)
Goodwill adjustments	(5,337)		—		—		—		—		(5,337)
Foreign currency adjustment	(46)		—		—		—		—		(46)
Balance as of June 30, 2023	$	727,130	$	25,908	$	681,858	$	830,349	$	13,575	$	2,278,820

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(1)No goodwill was assigned to the Other reporting unit, which existed until June 30, 2022, and, accordingly, it is not disclosed in the table above.

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

Schedule of Purchased Intangible Assets

The components of purchased intangible assets as of the dates indicated below were as follows:

(In thousands)		As of June 30, 2023						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	$	841,815	$	695,011	$	1,523,691	$	668,175	$	855,516
Customer relationships	4-9	358,567		205,037		153,530		366,567		167,819		198,748
Trade name/trademark	4-7	116,583		78,749		37,834		121,083		68,194		52,889
Order backlog and other	<1-7	85,836		82,264		3,572		87,836		58,970		28,866
Intangible assets subject to amortization(1)		2,097,812		1,207,865		889,947		2,099,177		963,158		1,136,019
IPR&D		61,322		15,966		45,356		64,457		6,062		58,395
Total		$	2,159,134	$	1,223,831	$	935,303	$	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 intangible assets 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:

	Year Ended June 30,
(In thousands)	2023		2022		2021
Amortization expense - Cost of revenues	$	181,405	$	168,957	$	156,596
Amortization expense - SG&A	79,089		60,017		49,531
Amortization expense - R&D	125		124		125
Total	$	260,619	$	229,098	$	206,252

Schedule of Remaining Estimated Amortization Expense

Based on the purchased intangible assets’ gross carrying value recorded as of June 30, 2023, the remaining estimated annual amortization expense is expected to be as follows:

Fiscal Year Ending June 30:	Amortization (In thousands)
2024	$	238,575
2025	222,123
2026	206,210
2027	129,630
2028	47,232
Thereafter	46,177
Total	$	889,947