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SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables) | 12 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Summary Of Results for Reportable Segments | The following is a summary of results for each of our four reportable segments for the indicated periods:
| Year ended June 30, |  |  |  |
(In thousands) | 2020 |  | 2019 |  | 2018
Semiconductor Process Control: |  |  |  |  |
Revenue | $ | 4,745,446 |  |  | $ | 4,080,822 |  |  | $ | 3,944,015 |
Segment gross margin | $ | 3,028,167 |  |  | $ | 2,590,434 |  |  | $ | 2,554,223 |
Specialty Semiconductor Process: |  |  |  |  |
Revenue | $ | 329,700 |  |  | $ | 151,164 |  |  | $ | — |
Segment gross margin | $ | 183,641 |  |  | $ | 78,800 |  |  | $ | — |
PCB, Display and Component Inspection: |  |  |  |  |
Revenue | $ | 727,451 |  |  | $ | 332,810 |  |  | $ | 92,516 |
Segment gross margin | $ | 315,723 |  |  | $ | 155,765 |  |  | $ | 38,428 |
Other: |  |  |  |  |
Revenue | $ | 3,614 |  |  | $ | 4,676 |  |  | $ | — |
Segment gross margin | $ | (63) |  |  | $ | 1,102 |  |  | $ | — |
Totals: |  |  |  |  |
Revenue | $ | 5,806,211 |  |  | $ | 4,569,472 |  |  | $ | 4,036,531 |
Segment gross margin | $ | 3,527,468 |  |  | $ | 2,826,101 |  |  | $ | 2,592,651 |
Reconciliation of Total Reportable Segments Revenue to Total Revenue | The following table reconciles total reportable segment revenue to total revenue for the indicated periods:
| Year ended June 30, |  |  |  |
(In thousands) | 2020 |  | 2019 |  | 2018
Total revenue for reportable segments | $ | 5,806,211 |  |  | $ | 4,569,472 |  |  | $ | 4,036,531 |
Corporate allocations and effects of foreign exchange rates | 213 |  |  | (568) |  |  | 170 |
Total revenue | $ | 5,806,424 |  |  | $ | 4,568,904 |  |  | $ | 4,036,701 |
Reconciliation of Total Segment Gross Margin to Total Income Before Income Taxes | The following table reconciles total segment gross margin to total income before income taxes for the indicated periods:
| Year ended June 30, |  |  |  |
(In thousands) | 2020 |  | 2019 |  | 2018
Total segment gross margin | $ | 3,527,468 |  |  | $ | 2,826,101 |  |  | $ | 2,592,651 |
Acquisition-related charges, corporate allocations and effects of foreign exchange rates(1) | 170,605 |  |  | 126,574 |  |  | 1,991 |
Research and development | 863,864 |  |  | 711,030 |  |  | 608,531 |
Selling, general and administrative | 734,149 |  |  | 599,124 |  |  | 442,304 |
Goodwill impairment | 256,649 |  |  | — |  |  | — |
Interest expense | 160,274 |  |  | 124,604 |  |  | 114,376 |
Loss on extinguishment of debt | 22,538 |  |  | — |  |  | — |
Other expense (income), net | 2,678 |  |  | (31,462) |  |  | (30,482) |
Income before income taxes | $ | 1,316,711 |  |  | $ | 1,296,231 |  |  | $ | 1,455,931 |
__________________ (1)Acquisition-related charges primarily include amortization of intangible assets, amortization of inventory fair value adjustments, and other acquisition-related costs classified or presented as part of costs of revenues.
Revenues by Geographic Region | The following is a summary of revenues by geographic region, based on ship-to location, for the indicated periods:
(Dollar amounts in thousands) | Year ended June 30, |  |  |  |  |  |  |  |  |  |
| 2020 |  |  |  | 2019 |  |  |  | 2018 |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |
Taiwan | $ | 1,566,823 |  |  | 27 | % |  | $ | 1,105,726 |  |  | 24 | % |  | $ | 636,363 |  |  | 16 | %
China | 1,457,579 |  |  | 25 | % |  | 1,215,807 |  |  | 27 | % |  | 643,033 |  |  | 16 | %
Korea | 982,171 |  |  | 17 | % |  | 584,091 |  |  | 13 | % |  | 1,178,601 |  |  | 29 | %
Japan | 670,287 |  |  | 12 | % |  | 581,529 |  |  | 13 | % |  | 638,358 |  |  | 16 | %
United States | 657,550 |  |  | 11 | % |  | 596,452 |  |  | 13 | % |  | 494,330 |  |  | 12 | %
Europe and Israel | 318,483 |  |  | 5 | % |  | 305,924 |  |  | 7 | % |  | 300,883 |  |  | 7 | %
Rest of Asia | 153,531 |  |  | 3 | % |  | 179,375 |  |  | 3 | % |  | 145,133 |  |  | 4 | %
Total | $ | 5,806,424 |  |  | 100 | % |  | $ | 4,568,904 |  |  | 100 | % |  | $ | 4,036,701 |  |  | 100 | %
Revenues by Major Products | The following is a summary of revenues by major products for the indicated periods:
(Dollar amounts in thousands) | Year ended June 30, |  |  |  |  |  |  |  |  |  |
| 2020 |  |  |  | 2019 |  |  |  | 2018 |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |
Wafer Inspection | $ | 2,080,484 |  |  | 36 | % |  | $ | 1,630,899 |  |  | 36 | % |  | $ | 1,714,421 |  |  | 42 | %
Patterning | 1,278,382 |  |  | 22 | % |  | 1,161,263 |  |  | 25 | % |  | 1,133,410 |  |  | 29 | %
Specialty Semiconductor Process | 269,667 |  |  | 5 | % |  | 129,854 |  |  | 3 | % |  | — |  |  | — | %
PCB, Display and Component Inspection | 497,026 |  |  | 9 | % |  | 238,275 |  |  | 5 | % |  | 85,836 |  |  | 2 | %
Services | 1,477,699 |  |  | 25 | % |  | 1,176,661 |  |  | 26 | % |  | 876,030 |  |  | 22 | %
Other | 203,166 |  |  | 3 | % |  | 231,952 |  |  | 5 | % |  | 227,004 |  |  | 5 | %
Total | $ | 5,806,424 |  |  | 100 | % |  | $ | 4,568,904 |  |  | 100 | % |  | $ | 4,036,701 |  |  | 100 | %
Long-Lived Assets by Geographic Region | Long-lived assets by geographic region as of the dates indicated below were as follows:
| As of June 30, |  |  |  |
(In thousands) | 2020 |  | 2019 |  |
Long-lived assets: |  |  |  |  |
United States | $ | 329,558 |  |  | $ | 253,255 |  |  |
Israel | 59,162 |  |  | 66,082 |  |  |
Europe | 58,065 |  |  | 62,027 |  |  |
Singapore | 54,946 |  |  | 49,523 |  |  |
Rest of Asia | 18,093 |  |  | 17,912 |  |  |
Total | $ | 519,824 |  |  | $ | 448,799 |  |  |

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