Revenue from Contracts with Customers

9 Months Ended

Mar. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

Revenue from Contracts with Customers

The Company believes that disaggregating revenue by end market provides the most relevant information regarding the nature, amount, timing, and uncertainty of revenues and cash flows.

The following tables summarize disaggregated revenue for the three and nine months ended March 31, 2021 and 2020 ($000):

	Three Months Ended March 31, 2021								Nine Months Ended March 31, 2021
	Photonic Solutions		Compound Semiconductors		Unallocated & Other		Total		Photonic Solutions		Compound Semiconductors		Unallocated & Other		Total
Communications	$	476,234	$	34,130	$	—	$	510,364	$	1,403,960	$	105,702	$	—	$	1,509,662
Consumer	2,402		65,544		—		67,946		5,924		237,011		—		242,935
Industrial	12,081		77,160		—		89,241		33,305		192,508		—		225,813
Aerospace & Defense	—		51,686		—		51,686		—		147,317		—		147,317
Other	17,264		46,731		—		63,995		45,398		126,760		—		172,158
Total Revenues	$	507,981	$	275,251	$	—	$	783,232	$	1,488,587	$	809,298	$	—	$	2,297,885

	Three Months Ended March 31, 2020								Nine Months Ended March 31, 2020
	Photonic Solutions		Compound Semiconductors		Unallocated & Other		Total		Photonic Solutions		Compound Semiconductors		Unallocated & Other		Total
Communications	$	393,895	$	32,083	$	—	$	425,978	$	946,088	$	82,594	$	21,561	$	1,050,243
Consumer	1,163		33,771		—		34,934		2,996		83,447		490		86,933
Industrial	12,545		59,397		—		71,942		39,400		185,227		—		224,627
Aerospace & Defense	—		44,409		—		44,409		—		128,261		—		128,261
Other	10,166		39,612		—		49,778		31,034		112,683		—		143,717
Total Revenues	$	417,769	$	209,272	$	—	$	627,041	$	1,019,518	$	592,212	$	22,051	$	1,633,781

"Other" revenue included in the tables above include revenue from the life science/medical, semiconductor and automotive end markets.

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 nine months ended March 31, 2021, the Company recognized revenue of $9.7 million related to customer payments that were included as contract liabilities in the Condensed Consolidated Balance Sheet as of June 30, 2020. The Company had $37.1 million of contract liabilities recorded in the Condensed Consolidated Balance Sheet as of March 31, 2021.