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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances The following table presents changes in goodwill carrying value during the six months ended December 31, 2020(1):
(In thousands)Wafer Inspection and Patterning
Global Service and Support (GSS)
Specialty Semiconductor ProcessPCB and DisplayComponent InspectionTotal
Balance as of June 30, 2020$416,840 $25,908 $681,858 $907,221 $13,575 $2,045,402 
Foreign currency adjustments43 — — — — 43 
Balance as of December 31, 2020$416,883 $25,908 $681,858 $907,221 $13,575 $2,045,445 
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(1)No goodwill was assigned to the Other reporting unit, and accordingly it was excluded from the table above.
Schedule of Components of Purchased Intangible Assets
The components of purchased intangible assets as of the dates indicated below were as follows:
As ofAs of
(In thousands) December 31, 2020June 30, 2020
Category
Range of
Useful 
Lives
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
and
Impairment
Net
Amount
Gross
Carrying
Amount
Accumulated
Amortization
and
Impairment
Net
Amount
Existing technology
4-8
$1,373,458 $418,402 $955,056 $1,269,883 $342,623 $927,260 
Customer relationships
4-9
305,817 115,070 190,747 305,817 98,754 207,063 
Trade name / Trademark
4-7
117,383 46,355 71,028 117,383 39,216 78,167 
Backlog and other
<1-9
50,404 49,551 853 50,404 47,215 3,189 
Intangible assets subject to amortization1,847,062 629,378 1,217,684 1,743,487 527,808 1,215,679 
In-process research and development72,259 100 72,159 175,834 100 175,734 
Total$1,919,321 $629,478 $1,289,843 $1,919,321 $527,908 $1,391,413 
Schedule of Amortization Expense for Purchased Intangible Assets Amortization expense for purchased intangible assets for the periods indicated below was as follows:
Three Months EndedSix Months Ended
December 31,December 31,
(In thousands)2020201920202019
Amortization expense - Cost of revenues$38,738 $36,364 $75,778 $71,985 
Amortization expense - Selling, general and administrative12,301 20,257 25,730 42,513 
Amortization expense - Research and development31 131 62 162 
Total $51,070 $56,752 $101,570 $114,660 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of December 31, 2020, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:Amortization (In thousands)
2021 (remaining six months)$104,418 
2022208,186 
2023207,094 
2024204,577 
2025192,368 
2026 and thereafter301,041 
Total$1,217,684