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SEGMENT REPORTING
 3 Months Ended
Sep. 28, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
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.
Segment information is prepared and managed on the same basis as described in Note 19, “Segment, Geographic Information, and Major Customers,” to the Consolidated Financial Statements in Part II, Item 8 of the Company’s 2025 Form 10-K.
The Company's centralized manufacturing and support organizations, including global operations and certain administrative functions, provide support to its operating segments. Costs incurred by these organizations, as well as depreciation and amortization and equity-based compensation expense are allocated to cost of goods sold as overhead. Consequently, depreciation and amortization and equity-based compensation expense are not independently identifiable components within the segment’s results, and, therefore are not provided.
With the exception of goodwill, the Company does not identify assets by operating segment. Consequently, the chief operating decision maker does not regularly review or receive discrete asset information by operating segment.
The table below reconciles the Company's reportable segment to income before income taxes:
Three Months Ended
September 28,
2025		September 29,
2024
(In thousands)
Revenue$5,324,173 $4,167,976 
Installation and warranty expense141,475 124,663 
Other cost of goods sold (COGS) (1)
2,410,985 1,968,895 
Segment COGS2,552,460 2,093,558 
Segment gross margin2,771,713 2,074,418 
Reconciliation to consolidated gross margin
All other COGS86,834 71,735 
Gross margin2,684,879 2,002,683 
Research and development576,446 495,358 
Selling, general, and administrative279,345 243,128 
Other income (expense), net30,074 30,081 
Income before income taxes$1,859,162 $1,294,278 
(1)Other COGS is primarily comprised of the capitalized cost of inventory sold, including both direct and indirect costs, but excludes installation and warranty expense and those items not allocated to the segment.