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SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables) | 3 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Results for Reportable Segments | The following is a summary of results for each of our three reportable segments for the indicated periods:
| Three Months Ended September 30, |  |
(In thousands) | 2023 |  | 2022 |  |  |  |
Semiconductor Process Control: |  |  |  |  |  |  |
Revenues | $ | 2,135,478 |  |  | $ | 2,397,759 |  |  |  |  |
Segment gross profit | 1,386,529 |  |  | 1,576,982 |  |  |  |  |
Specialty Semiconductor Process: |  |  |  |  |  |  |
Revenues | 126,719 |  |  | 127,867 |  |  |  |  |
Segment gross profit | 69,301 |  |  | 67,040 |  |  |  |  |
PCB, Display and Component Inspection: |  |  |  |  |  |  |
Revenues | 136,043 |  |  | 200,745 |  |  |  |  |
Segment gross profit | 39,820 |  |  | 85,674 |  |  |  |  |
Totals: |  |  |  |  |  |  |
Revenues for reportable segments | $ | 2,398,240 |  |  | $ | 2,726,371 |  |  |  |  |
Segment gross profit | $ | 1,495,650 |  |  | $ | 1,729,696 |  |  |  |  |
Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue | The following table reconciles total reportable segment revenues to total revenues for the indicated periods:
| Three Months Ended September 30, |  |
(In thousands) | 2023 |  | 2022 |  |  |  |
Total revenues for reportable segments | $ | 2,398,240 |  |  | $ | 2,726,371 |  |  |  |  |
Corporate allocations and effects of changes in foreign currency exchange rates | (1,284) |  |  | (1,947) |  |  |  |  |
Total revenues | $ | 2,396,956 |  |  | $ | 2,724,424 |  |  |  |  |
Schedule of Reconciliation of Total Segment Gross Profit to Income Before Income Taxes | The following table reconciles total segment gross profit to income before income taxes for the indicated periods:
| Three Months Ended September 30, |  |
(In thousands) | 2023 |  | 2022 |  |  |  |
Total segment gross profit | $ | 1,495,650 |  |  | $ | 1,729,696 |  |  |  |  |
Acquisition-related charges, corporate allocations and effects of changes in foreign currency exchange rates(1) | 45,585 |  |  | 46,498 |  |  |  |  |
R&D | 311,214 |  |  | 318,515 |  |  |  |  |
SG&A | 239,645 |  |  | 253,980 |  |  |  |  |
Interest expense | 74,234 |  |  | 74,395 |  |  |  |  |
Loss on extinguishment of debt | — |  |  | 13,286 |  |  |  |  |
Other expense (income), net | (26,739) |  |  | (47,006) |  |  |  |  |
Income before income taxes | $ | 851,711 |  |  | $ | 1,070,028 |  |  |  |  |
__________________ (1)Acquisition-related charges primarily include amortization of intangible assets 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) | Three Months Ended September 30, |  |
2023 |  | 2022 |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
China | $ | 1,025,944 |  |  | 43 | % |  | $ | 839,661 |  |  | 31 | % |  |  |  |  |  |  |  |
Taiwan | 405,343 |  |  | 17 | % |  | 748,334 |  |  | 27 | % |  |  |  |  |  |  |  |
North America | 250,713 |  |  | 10 | % |  | 233,754 |  |  | 9 | % |  |  |  |  |  |  |  |
Japan | 227,377 |  |  | 10 | % |  | 217,709 |  |  | 8 | % |  |  |  |  |  |  |  |
Korea | 219,821 |  |  | 9 | % |  | 407,462 |  |  | 15 | % |  |  |  |  |  |  |  |
Europe and Israel | 168,436 |  |  | 7 | % |  | 164,073 |  |  | 6 | % |  |  |  |  |  |  |  |
Rest of Asia | 99,322 |  |  | 4 | % |  | 113,431 |  |  | 4 | % |  |  |  |  |  |  |  |
Total | $ | 2,396,956 |  |  | 100 | % |  | $ | 2,724,424 |  |  | 100 | % |  |  |  |  |  |  |  |
Schedule of Revenues by Major Products | The following is a summary of revenues by major product categories for the indicated periods:
(Dollar amounts in thousands) | Three Months Ended September 30, |  |
2023 |  | 2022 |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wafer Inspection | $ | 1,010,198 |  |  | 42 | % |  | $ | 1,102,542 |  |  | 41 | % |  |  |  |  |  |  |  |
Patterning | 542,488 |  |  | 23 | % |  | 733,370 |  |  | 27 | % |  |  |  |  |  |  |  |
Specialty Semiconductor Process | 112,103 |  |  | 5 | % |  | 114,444 |  |  | 4 | % |  |  |  |  |  |  |  |
PCB, Display and Component Inspection | 71,164 |  |  | 3 | % |  | 134,443 |  |  | 5 | % |  |  |  |  |  |  |  |
Services | 560,292 |  |  | 23 | % |  | 528,815 |  |  | 19 | % |  |  |  |  |  |  |  |
Other | 100,711 |  |  | 4 | % |  | 110,810 |  |  | 4 | % |  |  |  |  |  |  |  |
Total | $ | 2,396,956 |  |  | 100 | % |  | $ | 2,724,424 |  |  | 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 |  | As of
(In thousands) | September 30, 2023 |  | June 30, 2023
Land, property and equipment, net: |  |  |
United States | $ | 686,532 |  |  | $ | 672,561 |
Singapore | 155,152 |  |  | 150,989 |
Israel | 92,641 |  |  | 92,815 |
Europe | 88,694 |  |  | 74,015 |
Rest of Asia | 36,906 |  |  | 41,461 |
Total | $ | 1,059,925 |  |  | $ | 1,031,841 |

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