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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Mar. 31, 2023
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, 2023:
(In thousands) | Wafer Inspection and Patterning |  | Global Service and Support (“GSS”) |  | Specialty Semiconductor Process |  | Printed Circuit Board (“PCB”) and Display |  | Component Inspection |  | Total
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 (1) | — |  |  | — |  |  | — |  |  | (42,622) |  |  | — |  |  | (42,622) |
Goodwill adjustments | (5,337) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,337) |
Foreign currency adjustments | (49) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (49) |
Balance as of March 31, 2023 | $ | 727,127 |  |  | $ | 25,908 |  |  | $ | 681,858 |  |  | $ | 830,349 |  |  | $ | 13,575 |  |  | $ | 2,278,817 |
(1) Refer to the “Business Dispositions” section of Note 6 “Business Combinations and Dispositions” for more information on the sale of Orbograph.
Schedule of Components of Purchased Intangible Assets | The components of purchased intangible assets as of the dates indicated below were as follows:
(In thousands) |  |  | As of March 31, 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 |  |  | $ | 796,369 |  |  | $ | 740,457 |  |  | $ | 1,523,691 |  |  | $ | 668,175 |  |  | $ | 855,516 |
Customer relationships | 4-9 |  | 358,567 |  |  | 195,461 |  |  | 163,106 |  |  | 366,567 |  |  | 167,819 |  |  | 198,748 |
Trade name / Trademark | 4-7 |  | 116,583 |  |  | 75,043 |  |  | 41,540 |  |  | 121,083 |  |  | 68,194 |  |  | 52,889 |
Order backlog and other | <1-7 |  | 85,836 |  |  | 76,337 |  |  | 9,499 |  |  | 87,836 |  |  | 58,970 |  |  | 28,866 |
Intangible assets subject to amortization(1) |  |  | 2,097,812 |  |  | 1,143,210 |  |  | 954,602 |  |  | 2,099,177 |  |  | 963,158 |  |  | 1,136,019 |
In-process research and development |  |  | 61,322 |  |  | 15,966 |  |  | 45,356 |  |  | 64,457 |  |  | 6,062 |  |  | 58,395 |
Total |  |  | $ | 2,159,134 |  |  | $ | 1,159,176 |  |  | $ | 999,958 |  |  | $ | 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:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
(In thousands) | 2023 |  | 2022 |  | 2023 |  | 2022
Amortization expense - Costs of revenues | $ | 45,446 |  |  | $ | 42,586 |  |  | $ | 135,958 |  |  | $ | 124,834 |
Amortization expense - SG&A | 19,656 |  |  | 15,102 |  |  | 59,912 |  |  | 39,880 |
Amortization expense - Research and development | 31 |  |  | 31 |  |  | 93 |  |  | 93 |
Total | $ | 65,133 |  |  | $ | 57,719 |  |  | $ | 195,963 |  |  | $ | 164,807 |
Schedule of Remaining Estimated Amortization Expense | Based on the purchased intangible assets gross carrying amount recorded as of March 31, 2023, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30: | Amortization (In thousands)
2023 (remaining three months) | $ | 64,655 |
2024 | 238,575 |
2025 | 222,123 |
2026 | 206,211 |
2027 | 129,630 |
2028 and thereafter | 93,408 |
Total | $ | 954,602 |

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