Segment, Geographic Information and Major Customers

12 Months Ended

Jun. 27, 2021

Segment Reporting [Abstract]

Segment, Geographic Information and Major Customers

Segment, Geographic Information, and Major Customers

The Company operates in one reportable business segment: manufacturing and servicing of wafer processing semiconductor manufacturing equipment. The Company’s material operating segments qualify for aggregation due to their customer base and similarities in economic characteristics, nature of products and services, and processes for procurement, manufacturing, and distribution.

The Company operates in seven geographic regions: United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. For geographical reporting, revenue is attributed to the geographic location in which the customers’ facilities are located, while long-lived assets; which includes property and equipment, net, and recognized right of use assets reported in other assets in the Consolidated Balance Sheets as of June 27, 2021 and June 28, 2020; are attributed to the geographic locations in which the assets are located.

Revenues and long-lived assets by geographic region were as follows: 

	Year Ended
	June 27, 2021		June 28, 2020		June 30, 2019
Revenue:	(in thousands)
China	$	5,137,886	$	3,083,916	$	2,161,440
Korea	3,924,685		2,391,257		2,205,348
Taiwan	2,117,999		1,906,223		1,596,261
Japan	1,363,907		954,743		1,969,869
Southeast Asia	945,478		587,638		615,813
United States	672,716		812,482		748,601
Europe	463,479		308,477		356,227
Total revenue	$	14,626,150	$	10,044,736	$	9,653,559

	June 27, 2021		June 28, 2020		June 30, 2019
Long-lived assets:	(in thousands)
United States	$	1,137,490	$	1,052,714	$	933,054
Southeast Asia	129,881		31,027		5,542
Europe	77,661		80,297		72,928
Korea	62,502		49,943		28,200
Taiwan	47,279		11,555		6,759
Japan	13,149		11,826		5,750
China	9,301		8,720		6,844
	$	1,477,263	$	1,246,082	$	1,059,077

In fiscal year 2021, three customers accounted for approximately 25%, 12%, and 10% of total revenues, respectively. In fiscal year 2020, four customers accounted for approximately 24%, 14%, 10%, and 10% of total revenues, respectively. In fiscal year 2019, four customers accounted for approximately 15%, 14%, 14%, and 14%, of total revenues, respectively. No other customers accounted for more than 10% of total revenues.