Segment, Geographic Information and Major Customers

12 Months Ended

Jun. 26, 2022

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 26, 2022 and June 27, 2021; 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 26, 2022		June 27, 2021		June 28, 2020
Revenue:	(in thousands)
China	$	5,411,502	$	5,137,886	$	3,083,916
Korea	4,037,467		3,924,685		2,391,257
Taiwan	2,936,482		2,117,999		1,906,223
Japan	1,624,573		1,363,907		954,743
Southeast Asia	1,357,648		945,478		587,638
United States	1,147,346		672,716		812,482
Europe	712,021		463,479		308,477
Total revenue	$	17,227,039	$	14,626,150	$	10,044,736

	June 26, 2022		June 27, 2021		June 28, 2020
Long-lived assets:	(in thousands)
United States	$	1,276,274	$	1,137,490	$	1,052,714
Southeast Asia	248,029		129,881		31,027
Korea	183,809		62,502		49,943
Europe	77,658		77,661		80,297
Taiwan	72,845		47,279		11,555
Japan	8,406		13,149		11,826
China	7,214		9,301		8,720
	$	1,874,235	$	1,477,263	$	1,246,082

In fiscal year 2022, four customers accounted for approximately 21%, 12%, 12% and 11% of total revenues, respectively. 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. No other customers accounted for more than 10% of total revenues.