XML 37 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Notes) | 12 Months Ended
--- | ---
Oct. 03, 2020
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS | COMMITMENTS, CONTINGENCIES AND CONCENTRATIONSWarranty ExpenseThe Company's equipment is generally shipped with a one-year warranty against manufacturing defects. The Company establishes reserves for estimated warranty expense when revenue for the related equipment is recognized. The reserve for estimated warranty expense is based upon historical experience and management's estimate of future warranty costs, including product part replacement, freight charges and related labor costs expected to be incurred to correct product failures during the warranty period. The following table reflects the reserve for product warranty activity for fiscal 2020, 2019, and 2018:
|  | Fiscal
(in thousands) |  | 2020 |  | 2019 |  | 2018
Reserve for warranty, beginning of period |  | $ | 14,185 |  |  | $ | 14,474 |  |  | $ | 13,796 |
Provision for warranty |  | 14,004 |  |  | 12,140 |  |  | 12,603 |
Changes in the estimation of warranty reserve |  | (5,417) |  |  | — |  |  | — |
Utilization of reserve |  | (13,196) |  |  | (12,429) |  |  | (11,925) |
Reserve for warranty, end of period |  | $ | 9,576 |  |  | $ | 14,185 |  |  | $ | 14,474 |
For the change in estimation of warranty reserve, see Note 1 for details. O ther Commitments and Contingencies The following table reflects obligations not reflected on the Consolidated Balance Sheet as of October 3, 2020:
|  |  |  | Payments due by fiscal year
(in thousands) |  | Total |  | 2020 |  | 2021 |  | 2022 |  | 2023 |  | Thereafter
Inventory purchase obligation (1) |  | $ | 152,832 |  |  | $ | 152,832 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
(1)The Company orders inventory components in the normal course of its business. A portion of these orders are non-cancelable and a portion may have varying penalties and charges in the event of cancellation. Concentrations The following tables reflect significant customer concentrations as a percentage of net revenue for fiscal 2020, 2019, and 2018:
|  | Fiscal
|  | 2020 |  | 2019 |  | 2018
Haoseng Industrial Co., Ltd (1) |  | * |  | * |  | 12.8 | %
* Represents less than 10% of total net revenue (1) Distributor of the Company's products The following table reflects significant customer concentrations as a percentage of total accounts receivable as of October 3, 2020 and September 28, 2019:
|  | As of
|  | October 3, 2020 |  | September 28, 2019
Forehope Electronic Co., Ltd |  | 20.0 | % |  | 15.3 | %
Regent Manner Limited |  | 10.3 | % |  | *
Xinye Electronics Co. (1) |  | * |  | 16.0 | %
Super Power International Ltd. (1) |  | * |  | 13.5 | %
* Represents less than 10% of total accounts receivable (1) Distributor of the Company's products

X
- Definition The entire disclosure for commitments and contingencies. + References No definition available. + Details
Name: | klic_CommitmentsContingenciesAndConcentrationsDisclosureTextBlock
Namespace Prefix: | klic_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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