XML 49 R32.htm IDEA: XBRL DOCUMENT
v3.19.2

Revenue (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2019
Revenue from Contract with Customer [Abstract] |
Schedule of Impact of ASC 606 to the Condensed Consolidated Financial Statements | The following table, including the results from the acquisition of Orbotech, summarizes the effects of adopting ASC 606 on our Consolidated Balance Sheets as follows:
As of June 30, 2019 (In thousands) | As Reported Under ASC 606 |  | Prior to Adoption of ASC 606 |  | Effect of Changes
ASSETS |  |  |  |  |
Accounts receivable, net | $ | 990,113 |  |  | $ | 1,097,098 |  |  | $ | (106,985 | )
Other current assets | 323,077 |  |  | 158,342 |  |  | 164,735 |
Deferred income taxes | 206,141 |  |  | 195,537 |  |  | 10,604 |
LIABILITIES |  |  |  |  |
Deferred system revenue | $ | 282,348 |  |  | $ | — |  |  | $ | 282,348 |
Deferred service revenue | 206,669 |  |  | 114,874 |  |  | 91,795 |
Deferred system profit | — |  |  | 382,085 |  |  | (382,085 | )
Other current liabilities | 827,054 |  |  | 853,253 |  |  | (26,199 | )
Deferred service revenue, non-current | 98,772 |  |  | 88,289 |  |  | 10,483 |
STOCKHOLDERS’ EQUITY |  |  |  |  |
Retained earnings | $ | 714,825 |  |  | $ | 622,989 |  |  | $ | 91,836 |
Accumulated other comprehensive income (loss) | (73,029 | ) |  | (73,205 | ) |  | 176 |
The following table, including the results from the acquisition of Orbotech, summarizes the effects of adopting ASC 606 on our Consolidated Statements of Operations as follows:
Year ended June 30, 2019 (In thousands, except per share amounts) | As Reported Under ASC 606 |  | Prior to Adoption of ASC 606 |  | Effect of Changes
Revenues: |  |  |  |  |
Product | $ | 3,392,243 |  |  | $ | 3,356,837 |  |  | $ | 35,406 |
Service | 1,176,661 |  |  | 1,029,796 |  |  | 146,865 |
Costs and expenses: |  |  |  |  |
Costs of revenues | 1,869,377 |  |  | 1,819,060 |  |  | 50,317 |
Other expense (income), net | (31,462 | ) |  | (30,989 | ) |  | (473 | )
Provision for income taxes | 121,214 |  |  | 101,838 |  |  | 19,376 |
Net income attributable to KLA | 1,175,617 |  |  | 1,062,566 |  |  | 113,051 |
Net income per share attributable to KLA |  |  |  |  |
Basic | $ | 7.53 |  |  | $ | 6.81 |  |  | $ | 0.72 |
Diluted | $ | 7.49 |  |  | $ | 6.77 |  |  | $ | 0.72 |
Schedule of Contract Balances | Contract Balances
| As of |  | As of |  |  |  |
(In thousands, except for percentage) | June 30, 2019 |  | July 1, 2018 |  | $ Change |  | % Change
Accounts receivable, net | $ | 990,113 |  |  | $ | 635,878 |  |  | $ | 354,235 |  |  | 56 | %
Contract assets | $ | 94,015 |  |  | $ | 14,727 |  |  | $ | 79,288 |  |  | 538 | %
Contract liabilities | $ | 587,789 |  |  | $ | 556,691 |  |  | $ | 31,098 |  |  | 6 | %

X
- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration