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SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule 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)			2021						2020						2019
Semiconductor Process Control:
Revenues			$	5,734,825					$	4,745,446					$	4,080,822
Segment gross margin			$	3,705,222					$	3,028,167					$	2,590,434
Specialty Semiconductor Process:
Revenues			$	369,216					$	329,700					$	151,164
Segment gross margin			$	206,706					$	183,641					$	78,800
PCB, Display and Component Inspection:
Revenues			$	812,620					$	727,451					$	332,810
Segment gross margin			$	390,571					$	315,723					$	155,765
Other:
Revenues			$	739					$	3,614					$	4,676
Segment gross margin			$	(68)					$	(63)					$	1,102
Totals:
Revenues for reportable segments			$	6,917,400					$	5,806,211					$	4,569,472
Segment gross margin			$	4,302,431					$	3,527,468					$	2,826,101

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)			2021						2020						2019
Total revenues for reportable segments			$	6,917,400					$	5,806,211					$	4,569,472
Corporate allocations and effects of foreign exchange rates			1,334						213						(568)
Total revenues			$	6,918,734					$	5,806,424					$	4,568,904

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)			2021						2020						2019
Total segment gross margin			$	4,302,431					$	3,527,468					$	2,826,101
Acquisition-related charges, corporate allocations and effects of foreign exchange rates(1)			155,862						170,605						126,574
Research and development			928,487						863,864						711,030
Selling, general and administrative			729,602						734,149						599,124
Goodwill impairment			—						256,649						—
Interest expense			157,328						160,274						124,604
Loss on extinguishment of debt			—						22,538						—
Other expense (income), net			(29,302)						2,678						(31,462)
Income before income taxes			$	2,360,454					$	1,316,711					$	1,296,231

__________________

(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.

Schedule of 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,
			2021												2020												2019
Revenues:
China			$	1,831,446					26		%				$	1,495,977					26		%				$	1,215,807					27		%
Taiwan			1,690,558						25		%				1,598,201						27		%				1,105,726						24		%
Korea			1,343,473						19		%				911,848						16		%				584,091						13		%
North America			765,974						11		%				651,328						11		%				596,452						13		%
Japan			639,381						9		%				660,772						11		%				581,529						13		%
Europe and Israel			396,422						6		%				322,085						6		%				305,924						7		%
Rest of Asia			251,480						4		%				166,213						3		%				179,375						3		%
Total			$	6,918,734					100		%				$	5,806,424					100		%				$	4,568,904					100		%

Schedule of 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,
			2021												2020												2019
Revenues:
Wafer Inspection			$	2,661,167					39		%				$	2,080,484					36		%				$	1,630,899					36		%
Patterning			1,505,990						22		%				1,278,382						22		%				1,161,263						25		%
Specialty Semiconductor Process			304,627						4		%				269,667						5		%				129,854						3		%
PCB, Display and Component Inspection			562,104						8		%				497,026						9		%				238,275						5		%
Services			1,678,418						24		%				1,477,699						25		%				1,176,661						26		%
Other			206,428						3		%				203,166						3		%				231,952						5		%
Total			$	6,918,734					100		%				$	5,806,424					100		%				$	4,568,904					100		%

Schedule of Long-Lived Assets by Geographic Region

Land, property and equipment, net by geographic region as of the dates indicated below were as follows:

			As of June 30,
(In thousands)			2021						2020
Land, property and equipment, net:
United States			$	447,359					$	329,558
Singapore			76,882						54,946
Israel			57,403						59,162
Europe			56,895						58,065
Rest of Asia			24,488						18,093
Total			$	663,027					$	519,824

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