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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances The following table presents changes in goodwill carrying value during the nine months ended March 31, 2021(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 
Goodwill disposal from sale of business (2)
— — — (34,250)— (34,250)
Foreign currency adjustments35 — — — — 35 
Balance as of March 31, 2021$416,875 $25,908 $681,858 $872,971 $13,575 $2,011,187 
_________________
(1)No goodwill was assigned to the Other reporting unit and, accordingly, it was excluded from the table above.
(2)Refer to the Non-controlling Interest section of Note 10 “Equity, Long-term Incentive Compensation Plans and Non-Controlling Interest” for more information on the sale of PixCell Medical Technologies, Ltd. ("PixCell").
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) March 31, 2021June 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
$1,379,783 $458,711 $921,072 $1,269,883 $342,623 $927,260 
Customer relationships
4-9
305,817 123,228 182,589 305,817 98,754 207,063 
Trade name / Trademark
4-7
117,383 49,924 67,459 117,383 39,216 78,167 
Backlog and other
<1-9
50,404 49,919 485 50,404 47,215 3,189 
Intangible assets subject to amortization1,853,387 681,782 1,171,605 1,743,487 527,808 1,215,679 
In-process research and development66,084 100 65,984 175,834 100 175,734 
Total$1,919,471 $681,882 $1,237,589 $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 EndedNine Months Ended
March 31,March 31,
(In thousands)2021202020212020
Amortization expense - Cost of revenues$40,309 $36,850 $116,087 $108,835 
Amortization expense - Selling, general and administrative12,063 17,724 37,793 60,237 
Amortization expense - Research and development32 31 94 193 
Total $52,404 $54,605 $153,974 $169,265 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of March 31, 2021, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:Amortization (In thousands)
2021 (remaining three months)$52,249 
2022208,995 
2023207,904 
2024205,386 
2025193,168 
2026 and thereafter303,903 
Total$1,171,605