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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances The following table presents changes in goodwill carrying value by reporting unit during the nine months ended March 31, 2024:
(In thousands)Wafer Inspection and Patterning
Global Service and Support (GSS)
Specialty Semiconductor Process
PCB and Display
PCBDisplayComponent InspectionTotal
Balances as of June 30, 2023
Goodwill$1,004,700 $25,908 $826,037 $942,819 $— $— $13,575 $2,813,039 
Accumulated impairment losses(277,570)— (144,179)(112,470)— — — (534,219)
$727,130 $25,908 $681,858 $830,349 $— $— $13,575 $2,278,820 
Activity for the nine months ended March 31, 2024
Goodwill impairment— — — (192,600)— (70,474)— (263,074)
Reallocation due to change in reporting units— — — (637,749)567,275 70,474 — — 
Foreign currency adjustments(19)— — — — — — (19)
Balances as of March 31, 2024
Goodwill1,004,681 25,908 826,037 — 567,275 70,474 13,575 $2,507,950 
Accumulated impairment losses(277,570)— (144,179)— — (70,474)— (492,223)
$727,111 $25,908 $681,858 $— $567,275 $— $13,575 $2,015,727 
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, 2024As of June 30, 2023
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
$1,552,074 $999,639 $552,435 $1,536,826 $841,815 $695,011 
Customer relationships
4-9
358,567 238,925 119,642 358,567 205,037 153,530 
Trade name / Trademark
4-7
119,083 93,447 25,636 116,583 78,749 37,834 
Order backlog and other
<1-7
83,336 82,689 647 85,836 82,264 3,572 
Intangible assets subject to amortization
2,113,060 1,414,700 698,360 2,097,812 1,207,865 889,947 
In-process research and development46,074 16,833 29,241 61,322 15,966 45,356 
Total$2,159,134 $1,431,533 $727,601 $2,159,134 $1,223,831 $935,303 
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)2024202320242023
Amortization expense - Costs of revenues$44,849 $45,446 $137,024 $135,958 
Amortization expense - SG&A12,916 19,656 43,411 59,912 
Amortization expense - Research and development— 31 — 93 
Total $57,765 $65,133 $180,435 $195,963 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of March 31, 2024, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:Amortization (In thousands)
2024 (remaining three months)$58,837 
2025218,639 
2026197,846 
2027125,517 
202848,849 
2029 and thereafter48,672 
Total$698,360