XML 68 R22.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Notes) | 3 Months Ended
--- | ---
Dec. 28, 2019
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS | COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS Warranty Expense The 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 labor costs incurred in correcting product failures during the warranty period. The following table reflects the reserve for warranty activity for the three months ended December 28, 2019 and December 29, 2018:
| Three months ended
(in thousands) | December 28, 2019 |  | December 29, 2018
Reserve for warranty, beginning of period | $ | 14,185 |  |  | $ | 14,475 |
Provision for warranty | 3,495 |  |  | 3,086 |
Utilization of reserve | (2,966 | ) |  | (3,160 | )
Reserve for warranty, end of period | $ | 14,714 |  |  | $ | 14,401 |
Other Commitments and Contingencies The following table reflects obligations not reflected on the Consolidated Condensed Balance Sheet as of December 28, 2019:
|  |  |  | Payments due by fiscal year
(in thousands) | Total |  | 2020 |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | thereafter
Inventory purchase obligation (1) | $ | 115,841 |  |  | $ | 115,841 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
(1) | The Company orders inventory components in the normal course of its business. A portion of these orders are non-cancellable, however, some orders impose varying penalties and charges in the event of cancellation.
Concentrations The following table reflects significant customer concentrations as a percentage of net revenue for the three months ended December 28, 2019 and December 29, 2018.
| Three months ended
| December 28, 2019 |  | December 29, 2018
Micron Technology, Inc | * |  | 18.5 | %
* Represented less than 10% of total net revenue The following table reflects significant customer concentrations as a percentage of total accounts receivable as of December 28, 2019 and December 29, 2018:
| As of
| December 28, 2019 |  | December 29, 2018
Xinye (HK) Electronics. Co (1) | 14.1 | % |  | * |
Forehope Electronic (Ningbo) Co., Ltd | 14.0 | % |  | * |
Super Power International (1) | 10.4 | % |  | 15.4 | %
Micron Technology, Inc | * |  |  | 17.7 | %
Haoseng Industrial Company Limited (1) | * |  |  | 15.5 | %
(1) Distributor of the Company's products. * Represented less than 10% of total accounts receivable

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