XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.20.2

LEASES (Tables) | 12 Months Ended
--- | ---
Oct. 03, 2020
Leases [Abstract] |  |
Lease, Cost | The following table shows the components of lease expense:
(in thousands) | Fiscal
| 2020 |  |
Operating lease expense (1) | $ | (6,942) |  |  |
(1) Operating lease expense includes short-term lease expense, which is immaterial for the fiscal year ended October 3, 2020. The following table shows the cash flows arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of operating and finance lease liabilities, and, as such, are excluded from the amounts below:
(in thousands) | Fiscal
| 2020 |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash outflows from operating leases | $ | 6,296 |  |  |
| [1]
Assets And Liabilities, Lessee | The following table shows the weighted-average lease terms and discount rates for operating leases:
| Fiscal
| 2020 |  |
Operating leases: |  |  |
Weighted-average remaining lease term (in years): | 4.5 |  |
Weighted-average discount rate: | 4.8 | % |  |
Lessee, Operating Lease, Liability, Maturity | Future lease payments, excluding short-term leases, as of October 3, 2020, are detailed as follows:
(in thousands) | Operating leases
2021 | $ | 6,904 |
2022 | 6,426 |
2023 | 5,971 |
2024 | 3,194 |
2025 | 2,647 |
Thereafter | 1,817 |
Total minimum lease payments | 26,959 |
Less: Interest | 2,731 |
Present value of lease obligations | 24,228 |
Less: Current portion | 5,903 |
Long-term portion of lease obligations | $ | 18,325 |
Schedule of Future Minimum Rental Payments for Operating Leases | Future lease payments under operating leases as of September 28, 2019, prior to the adoption of ASC 842, were as follows:
|  |  |  | Payments due by fiscal year
(in thousands) |  | Total |  | 2020 |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | Thereafter
Operating lease obligations (1) |  | $ | 16,273 |  |  | $ | 4,089 |  |  | $ | 2,576 |  |  | $ | 2,182 |  |  | $ | 1,967 |  |  | $ | 1,822 |  |  | $ | 3,637 |
(1) Pursuant to ASC No. 840, Leases ("ASC 840"), for lessee's involvement in asset construction, the Company was considered to be the owner of the Building (as defined in Note 9 below) during the construction phase due to its involvement in the asset construction. As a result of the Company's continued involvement during the lease term, the Company did not fulfill the criteria to apply sale-leaseback accounting under ASC 840. Therefore, at completion of construction, the Building remained on the Consolidated Balance Sheet, and the corresponding financing obligation was reclassified to long-term liability. As of September 28, 2019, we recorded a financing obligation related to the Building of $15.0 million (see Note 9 below). The financing obligation is not reflected in the table above. |
[1] | Operating lease expense includes short-term lease expense, which is immaterial for the fiscal year ended October 3, 2020.

X
- Definition Assets And Liabilities, Lessee + References No definition available. + Details
Name: | klic_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | klic_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration