Revenue from Contracts with Customers

9 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

Revenue from Contracts with Customers

The following tables summarize disaggregated revenue by revenue market, and product for the three and nine months ended March 31, 2020 and 2019 ($000):

	Three Months Ended March 31, 2020
	Compound Semiconductors		Photonic Solutions		Unallocated & Other		Total
Commercial
Direct Ship Parts	$	155,048	$	412,560	$	—	$	567,608
Services	10,035		5,209		—		15,244
U.S. Government
Direct Ship Parts	39,293		—		—		39,293
Services	4,896		—		—		4,896
Total Revenues	$	209,272	$	417,769	$	—	$	627,041

	Three Months Ended March 31, 2019
	Compound Semiconductors		Photonic Solutions		Unallocated & Other		Total
Commercial
Direct Ship Parts	$	144,001	$	164,074	$	—	$	308,075
Services	2,615		2,399		—		5,014
U.S. Government
Direct Ship Parts	27,144		—		—		27,144
Services	2,263		—		—		2,263
Total Revenues	$	176,023	$	166,473	$	—	$	342,496

	Nine Months Ended March 31, 2020
	Compound Semiconductors		Photonic Solutions		Unallocated & Other		Total
Commercial
Direct Ship Parts	$	435,095	$	1,009,528	$	22,051	$	1,466,674
Services	27,012		9,990		—		37,002
U.S. Government
Direct Ship Parts	116,541		—		—		116,541
Services	13,564		—		—		13,564
Total Revenues	$	592,212	$	1,019,518	$	22,051	$	1,633,781

	Nine Months Ended March 31, 2019
	Compound Semiconductors		Photonic Solutions		Unallocated & Other		Total
Commercial
Direct Ship Parts	$	429,566	$	455,404	$	—	$	884,970
Services	9,499		5,919		—		15,418
U.S. Government
Direct Ship Parts	87,831		—		—		87,831
Services	11,549		—		—		11,549
Total Revenues	$	538,445	$	461,323	$	—	$	999,768

Contracts with the United States (“U.S.”) government disclosed above are through its prime contractors.

Contract Liabilities

Payments received from customers are based on invoices or billing schedules as established in contracts with customers. Contract liabilities relate to billings in advance of performance under the contract. Contract liabilities are recognized as revenue when the performance obligation has been performed. During the three and nine months ended March 31, 2020, the Company recognized revenue of $29.4 million and $79.6 million, respectively, related to customer payments that were included as contract liabilities in the Condensed Consolidated Balance Sheet as of July 1, 2019. The Company had $34.1 million and $19.4 million of contract liabilities recorded in the Condensed Consolidated Balance Sheets as of March 31, 2020 and June 30, 2019, respectively.