XML 44 R34.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Derivative Instruments and Hedging Activities (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments, Location, Designated and Non-Designated, Gains (Losses) | The locations and amounts of designated and non-designated derivative instruments’ gains and losses reported in the condensed consolidated financial statements for the indicated periods were as follows:
|  | Three months ended December 31, |  | Six months ended December 31,
(In thousands) | Location in Financial Statements | 2017 |  | 2016 |  | 2017 |  | 2016
Derivatives Designated as Hedging Instruments |  |  |  |  |  |  |  |
Gains (losses) in accumulated OCI on derivatives (effective portion) | Accumulated OCI | $ | 697 |  |  | $ | 13,969 |  |  | $ | 1,141 |  |  | $ | 12,131 |
Gains (losses) reclassified from accumulated OCI into income (effective portion): | Revenues | $ | 397 |  |  | $ | (1,425 | ) |  | $ | 1,365 |  |  | $ | (2,906 | )
| Costs of revenues | 377 |  |  | (69 | ) |  | 1,338 |  |  | (156 | )
| Interest expense | 189 |  |  | 189 |  |  | 378 |  |  | 378 |
| Net gains (losses) reclassified from accumulated OCI into income (effective portion) | $ | 963 |  |  | $ | (1,305 | ) |  | $ | 3,081 |  |  | $ | (2,684 | )
Gains (losses) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing) | Other expense (income), net | $ | (158 | ) |  | $ | (1,442 | ) |  | $ | (229 | ) |  | $ | (1,453 | )
Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |  |
Gains (losses) recognized in income | Other expense (income), net | $ | 3,237 |  |  | $ | 5,295 |  |  | $ | 3,676 |  |  | $ | 5,131 |
Schedule of Notional Amounts of Derivatives Outstanding | The U.S. dollar equivalent of all outstanding notional amounts of hedge contracts, with maximum remaining maturities of approximately 13 months as of December 31, 2017 and ten months June 30, 2017, respectively, were as follows:
(In thousands) | As of December 31, 2017 |  | As of June 30, 2017
Cash flow hedge contracts |  |  |
Purchase | $ | 25,923 |  |  | $ | 19,305 |
Sell | $ | 85,466 |  |  | $ | 128,672 |
Other foreign currency hedge contracts |  |  |
Purchase | $ | 144,442 |  |  | $ | 165,563 |
Sell | $ | 155,260 |  |  | $ | 118,504 |
Schedule of Derivative Instruments, Fair Value | The locations and fair value amounts of the Company’s derivative instruments reported in its Condensed Consolidated Balance Sheets as of the dates indicated below were as follows:
| Asset Derivatives |  | Liability Derivatives
| Balance Sheet Location |  | As of December 31, 2017 |  | As of June 30, 2017 |  | Balance Sheet Location |  | As of December 31, 2017 |  | As of June 30, 2017
(In thousands) |  | Fair Value |  |  | Fair Value
Derivatives designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts | Other current assets |  | $ | 1,271 |  |  | $ | 2,198 |  |  | Other current liabilities |  | $ | 126 |  |  | $ | 72 |
Total derivatives designated as hedging instruments |  |  | $ | 1,271 |  |  | $ | 2,198 |  |  |  |  | $ | 126 |  |  | $ | 72 |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts | Other current assets |  | $ | 3,203 |  |  | $ | 3,733 |  |  | Other current liabilities |  | $ | 289 |  |  | $ | 1,203 |
Total derivatives not designated as hedging instruments |  |  | $ | 3,203 |  |  | $ | 3,733 |  |  |  |  | $ | 289 |  |  | $ | 1,203 |
Total derivatives |  |  | $ | 4,474 |  |  | $ | 5,931 |  |  |  |  | $ | 415 |  |  | $ | 1,275 |
Balances and Changes in Accumulated Other Comprehensive Income Related to Derivative Instruments | The following table provides the balances and changes in accumulated OCI, before taxes, related to derivative instruments for the indicated periods:
| Three months ended December 31, |  | Six months ended December 31,
(In thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Beginning balance | $ | 6,452 |  |  | $ | 751 |  |  | $ | 8,126 |  |  | $ | 1,210 |
Amount reclassified to income | (963 | ) |  | 1,305 |  |  | (3,081 | ) |  | 2,684 |
Net change in unrealized gains or losses | 697 |  |  | 13,969 |  |  | 1,141 |  |  | 12,131 |
Ending balance | $ | 6,186 |  |  | $ | 16,025 |  |  | $ | 6,186 |  |  | $ | 16,025 |
Offsetting of Assets and Liabilities | As of December 31, 2017 and June 30, 2017, information related to the offsetting arrangements was as follows (in thousands):
As of December 31, 2017 |  |  |  |  |  | Gross Amounts of Derivatives Not Offset in the Condensed Consolidated Balance Sheets |  |
Description |  | Gross Amounts of Derivatives |  | Gross Amounts of Derivatives Offset in the Condensed Consolidated Balance Sheets |  | Net Amount of Derivatives Presented in the Condensed Consolidated Balance Sheets |  | Financial Instruments |  | Cash Collateral Received |  | Net Amount
Derivatives - Assets |  | $ | 4,474 |  |  | $ | — |  |  | $ | 4,474 |  |  | $ | (415 | ) |  | $ | — |  |  | $ | 4,059 |
Derivatives - Liabilities |  | $ | (415 | ) |  | $ | — |  |  | $ | (415 | ) |  | $ | 415 |  |  | $ | — |  |  | $ | — |
As of June 30, 2017 |  |  |  |  |  | Gross Amounts of Derivatives Not Offset in the Condensed Consolidated Balance Sheets |  |
Description |  | Gross Amounts of Derivatives |  | Gross Amounts of Derivatives Offset in the Condensed Consolidated Balance Sheets |  | Net Amount of Derivatives Presented in the Condensed Consolidated Balance Sheets |  | Financial Instruments |  | Cash Collateral Received |  | Net Amount
Derivatives - Assets |  | $ | 5,931 |  |  | $ | — |  |  | $ | 5,931 |  |  | $ | (1,275 | ) |  | $ | — |  |  | $ | 4,656 |
Derivatives - Liabilities |  | $ | (1,275 | ) |  | $ | — |  |  | $ | (1,275 | ) |  | $ | 1,275 |  |  | $ | — |  |  | $ | — |

X
- Definition Derivative Activity in Accumulated Other Comprehensive Income [Table Text Block] + References No definition available. + Details
Name: | klac_DerivativeActivityinAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | klac_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Offsetting Assets and Liabilities [Table Text Block] + References No definition available. + Details
Name: | klac_OffsettingAssetsandLiabilitiesTableTextBlock
Namespace Prefix: | klac_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration