XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Equity and Long-Term Incentive Compensation Plans (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule of Combined Activity Under Equity Incentive Plans | The following table summarizes the combined activity under the Company’s equity incentive plans for the indicated periods:
(In thousands) | Available For Grant(1)
Balance as of June 30, 2016 | 6,778 |
Restricted stock units granted | (1,031 | )
Restricted stock units canceled | 35 |
Balance as of September 30, 2016 | 5,782 |
__________________
(1) | The number of restricted stock units reflects the application of the award multiplier as described above (1.8 x or 2.0 x depending on the grant date of the applicable award).
Schedule of Stock-based Compensation Expense | The following table shows pre-tax stock-based compensation expense for the indicated periods:
| Three months ended September 30,
(In thousands) | 2016 |  | 2015
Stock-based compensation expense by: |  |  |
Costs of revenues | $ | 1,262 |  |  | $ | 1,464 |
Research and development | 2,021 |  |  | 2,492 |
Selling, general and administrative | 8,195 |  |  | 8,292 |
Total stock-based compensation expense | $ | 11,478 |  |  | $ | 12,248 |
Schedule of Stock-based Compensation Capitalized as Inventory | The following table shows stock-based compensation capitalized as inventory as of the dates indicated below:
(In thousands) | As of September 30, 2016 |  | As of June 30, 2016
Inventory | $ | 2,714 |  |  | $ | 2,685 |
Schedule of Restricted Stock Activity | The following table shows the applicable number of restricted stock units and weighted-average grant date fair value for restricted stock units granted, vested and released, withheld for taxes, and forfeited during the three months ended September 30, 2016 and restricted stock units outstanding as of September 30, 2016 and June 30, 2016:
Restricted Stock Units | Shares(1) (In thousands) |  | Weighted-Average Grant Date Fair Value
Outstanding restricted stock units as of June 30, 2016(2) | 1,849 |  |  | $ | 56.41 |
Granted | 515 |  |  | $ | 68.74 |
Vested and released | (324 | ) |  | $ | 52.05 |
Withheld for taxes | (237 | ) |  | $ | 52.05 |
Forfeited | (18 | ) |  | $ | 62.65 |
Outstanding restricted stock units as of September 30, 2016(2) | 1,785 |  |  | $ | 61.28 |
__________________
(1) | Share numbers reflect actual shares subject to awarded restricted stock units. As described above, under the terms of the 2004 Plan, the number of shares subject to each award reflected in this number is multiplied by either 1.8 x or 2.0 x (depending on the grant date of the award) to calculate the impact of the award on the share reserve under the 2004 Plan.
(2) | Includes outstanding restricted stock units granted to senior management with performance-based vesting criteria (in addition to service-based vesting criteria for any of such restricted stock units that are deemed to have been earned). As of September 30, 2016, it had not yet been determined the extent to which (if at all) the performance-based vesting criteria of such restricted stock units had been satisfied. Therefore, this line item includes all such performance-based restricted stock units, reported at the maximum possible number of shares that may ultimately be issuable under such restricted stock units if all applicable performance-based criteria are achieved at their maximum and all applicable service-based criteria are fully satisfied. The restricted stock units granted during the three months ended September 30, 2016 did not contain performance-bested vesting criteria.
Schedule of Grant Date Fair Value, Weighted Average Grant Date Fair Value, and Tax Benefits for Restricted Stock Units | The following table shows the weighted-average grant date fair value per unit for the restricted stock units granted and tax benefits realized by the Company in connection with vested and released restricted stock units for the indicated periods:
| Three months ended September 30,
(In thousands, except for weighted-average grant date fair value) | 2016 |  | 2015
Weighted-average grant date fair value per unit | $ | 68.74 |  |  | $ | 50.44 |
Tax benefits realized by the Company in connection with vested and released restricted stock units | $ | 13,929 |  |  | $ | 23,517 |
Employee Stock Purchase Rights Valuation | The fair value of each purchase right under the ESPP was estimated on the date of grant using the Black-Scholes option valuation model and the straight-line attribution approach with the following weighted-average assumptions:
| Three months ended September 30,
| 2016 |  | 2015
Stock purchase plan: |  |  |
Expected stock price volatility | 20.6 | % |  | 23.9 | %
Risk-free interest rate | 0.4 | % |  | 0.1 | %
Dividend yield | 2.9 | % |  | 3.7 | %
Expected life (in years) | 0.5 |  |  | 0.5 |
Schedule of Tax Benefits Realized and Weighted-average fair value for the ESPP | The following table shows the tax benefits realized by the Company in connection with the disqualifying dispositions of shares purchased under the ESPP and the weighted-average fair value per share for the indicated periods:
(In thousands, except for weighted-average fair value per share) | Three months ended September 30,
2016 |  | 2015
Tax benefits realized by the Company in connection with the disqualifying dispositions of shares purchased under the ESPP | $ | 704 |  |  | $ | 380 |
Weighted-average fair value per share based on Black-Scholes model | $ | 14.06 |  |  | $ | 11.34 |

X
- Definition Schedule of Stock Based Compensation Capitalized In Inventory + References No definition available. + Details
Name: | klac_ScheduleofStockBasedCompensationCapitalizedInInventoryTableTextBlock
Namespace Prefix: | klac_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Tax Benefits From Employee Stock Purchase Plan + References No definition available. + Details
Name: | klac_ScheduleofTaxBenefitsFromEmployeeStockPurchasePlanTableTextBlock
Namespace Prefix: | klac_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Tax Benefits and Grant Date Fair Value for Restricted Stock Units + References No definition available. + Details
Name: | klac_ScheduleofTaxBenefitsandGrantDateFairValueforRestrictedStockUnitsTableTextBlock
Namespace Prefix: | klac_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 + Details
Name: | us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration