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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill Rollforward | The following table presents goodwill carrying value and the movements by reporting unit during the fiscal years ended June 30, 2023 and 2022(1):
(In thousands) |  | Wafer Inspection and Patterning |  | Global Service and Support (“GSS”) |  | Specialty Semiconductor Process |  | PCB and Display |  | Component Inspection |  | Total
Balance as of June 30, 2021 |  | $ | 416,860 |  |  | $ | 25,908 |  |  | $ | 681,858 |  |  | $ | 872,971 |  |  | $ | 13,575 |  |  | $ | 2,011,172 |
Acquired goodwill |  | 308,952 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 308,952 |
Foreign currency adjustment |  | (75) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (75) |
Balance as of June 30, 2022 |  | 725,737 |  |  | 25,908 |  |  | 681,858 |  |  | 872,971 |  |  | 13,575 |  |  | 2,320,049 |
Acquired goodwill |  | 6,776 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6,776 |
Goodwill disposal from sale of business(2) |  | — |  |  | — |  |  | — |  |  | (42,622) |  |  | — |  |  | (42,622) |
Goodwill adjustments |  | (5,337) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,337) |
Foreign currency adjustment |  | (46) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (46) |
Balance as of June 30, 2023 |  | $ | 727,130 |  |  | $ | 25,908 |  |  | $ | 681,858 |  |  | $ | 830,349 |  |  | $ | 13,575 |  |  | $ | 2,278,820 |
_________________ (1)No goodwill was assigned to the Other reporting unit, which existed until June 30, 2022, and, accordingly, it is not disclosed in the table above. (2)Refer to the Business Dispositions section of Note 6 “Business Combinations and Dispositions” for more information on the sale of Orbograph.
Schedule of Purchased Intangible Assets | The components of purchased intangible assets as of the dates indicated below were as follows:
(In thousands) |  |  | As of June 30, 2023 |  | As of June 30, 2022
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 |  | $ | 1,536,826 |  |  | $ | 841,815 |  |  | $ | 695,011 |  |  | $ | 1,523,691 |  |  | $ | 668,175 |  |  | $ | 855,516 |
Customer relationships | 4-9 |  | 358,567 |  |  | 205,037 |  |  | 153,530 |  |  | 366,567 |  |  | 167,819 |  |  | 198,748 |
Trade name/trademark | 4-7 |  | 116,583 |  |  | 78,749 |  |  | 37,834 |  |  | 121,083 |  |  | 68,194 |  |  | 52,889 |
Order backlog and other | <1-7 |  | 85,836 |  |  | 82,264 |  |  | 3,572 |  |  | 87,836 |  |  | 58,970 |  |  | 28,866 |
Intangible assets subject to amortization(1) |  | 2,097,812 |  |  | 1,207,865 |  |  | 889,947 |  |  | 2,099,177 |  |  | 963,158 |  |  | 1,136,019 |
IPR&D |  |  | 61,322 |  |  | 15,966 |  |  | 45,356 |  |  | 64,457 |  |  | 6,062 |  |  | 58,395 |
Total |  |  | $ | 2,159,134 |  |  | $ | 1,223,831 |  |  | $ | 935,303 |  |  | $ | 2,163,634 |  |  | $ | 969,220 |  |  | $ | 1,194,414 |
(1)The disposition of Orbograph during the three months ended September 30, 2022 resulted in a decrease in the gross amount of intangible assets subject to amortization of $34.5 million, a decrease in accumulated amortization of $15.9 million, and a decrease in the net amount of intangible assets of $18.6 million. Refer to the “Business Dispositions” section of Note 6 “Business Combinations and Dispositions” for more information on the sale of Orbograph.
Schedule of Amortization Expense for Purchased Intangible Assets | Amortization expense for purchased intangible assets for the periods indicated below was as follows:
| Year Ended June 30,
(In thousands) | 2023 |  | 2022 |  | 2021
Amortization expense - Cost of revenues | $ | 181,405 |  |  | $ | 168,957 |  |  | $ | 156,596 |
Amortization expense - SG&A | 79,089 |  |  | 60,017 |  |  | 49,531 |
Amortization expense - R&D | 125 |  |  | 124 |  |  | 125 |
Total | $ | 260,619 |  |  | $ | 229,098 |  |  | $ | 206,252 |
Schedule of Remaining Estimated Amortization Expense | Based on the purchased intangible assets’ gross carrying value recorded as of June 30, 2023, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal Year Ending June 30: | Amortization (In thousands)
2024 | $ | 238,575 |
2025 | 222,123 |
2026 | 206,210 |
2027 | 129,630 |
2028 | 47,232 |
Thereafter | 46,177 |
Total | $ | 889,947 |

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