Quarterly report pursuant to Section 13 or 15(d)

Financial Statement Components - Balance Sheet Components (Details)

v3.4.0.3
Financial Statement Components - Balance Sheet Components (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Jun. 30, 2015
Accounts receivable, net:          
Accounts receivable, gross $ 646,498   $ 646,498   $ 607,157
Allowance for doubtful accounts (21,680)   (21,680)   (21,663)
Accounts receivable, net 624,818   624,818   585,494
Inventories:          
Customer service parts 230,768   230,768   209,726
Raw materials 209,281   209,281   194,218
Work-in-process 213,052   213,052   156,820
Finished goods 68,392   68,392   57,140
Inventories 721,493   721,493   617,904
Other current assets:          
Prepaid expenses 39,542   39,542   37,006
Income tax related receivables 54,475   54,475   32,850
Other current assets 8,397   8,397   7,958
Other current assets, total 102,414   102,414   77,814
Land, property and equipment, net:          
Land 40,767   40,767   40,397
Buildings and leasehold improvements 319,398   319,398   316,566
Machinery and equipment 508,469   508,469   510,642
Office furniture and fixtures 21,811   21,811   21,411
Construction-in-process 4,057   4,057   3,152
Land, property and equipment, gross 894,502   894,502   892,168
Less: accumulated depreciation and amortization (606,628)   (606,628)   (577,577)
Land, property and equipment, net 287,874   287,874   314,591
Other non-current assets:          
Executive deferred savings plan [1] 158,313   158,313   165,655
Deferred tax assets – long-term 74,822   74,822   78,648
Other non-current assets 13,790   13,790   15,384
Other non-current assets, total 246,925   246,925   259,687
Other current liabilities:          
Warranty 32,596   32,596   36,413
Executive deferred savings plan [1] 159,760   159,760   167,886
Compensation and benefits 180,274   180,274   196,682
Income taxes payable 19,915   19,915   15,582
Interest payable 46,209   46,209   19,395
Customer credits and advances 103,295   103,295   93,212
Other accrued expenses 84,282   84,282   132,244
Other current liabilities, total 626,331   626,331   661,414
Other non-current liabilities:          
Pension liabilities 56,834   56,834   55,696
Income taxes payable 61,504   61,504   69,018
Other non-current liabilities 41,129   41,129   57,516
Other non-current liabilities, total 159,467   $ 159,467   $ 182,230
Maximum contractual term (in years)     15 years    
Selling, general and administrative          
Other non-current liabilities:          
EDSP Liability (1,300) $ 6,300 $ (4,600) $ 10,500  
Gain (loss) on deferred compensation plan assets $ (1,000) $ 6,400 $ (4,100) $ 10,700  
[1] KLA-Tencor has a non-qualified deferred compensation plan (known as “Executive Deferred Savings Plan”) under which certain executives and non-employee directors may defer a portion of their compensation. Participants are credited with returns based on their allocation of their account balances among measurement funds. The Company controls the investment of these funds, and the participants remain general creditors of the Company. The Company invests these funds in certain mutual funds and such investments are classified as trading securities on the condensed consolidated balance sheets. Distributions from the Executive Deferred Savings Plan commence following a participant’s retirement or termination of employment or on a specified date allowed per the Executive Deferred Savings Plan provisions, except in cases where such distributions are required to be delayed in order to avoid a prohibited distribution under Internal Revenue Code Section 409A. Participants can generally elect the distributions to be paid in lump sum or quarterly cash payments over a scheduled period for up to 15 years and are allowed to make subsequent changes to their existing elections as permissible under the Executive Deferred Savings Plan provisions. Changes in the Executive Deferred Savings Plan liability is recorded in selling, general and administrative expense in the condensed consolidated statements of operations. The expense (benefit) associated with changes in the liability included in selling, general and administrative expense were $(1.3) million and $6.3 million for the three months ended March 31, 2016 and 2015, respectively. The expense (benefit) associated with changes in the liability included in selling, general and administrative expense were $(4.6) million and $10.5 million for the nine months ended March 31, 2016 and 2015, respectively. Changes in the Executive Deferred Savings Plan assets are recorded as gains (losses), net in selling, general and administrative expense in the condensed consolidated statements of operations. The amount of gains (losses), net included in selling, general and administrative expense were ($1.0) million and $6.4 million for the three months ended March 31, 2016 and 2015, respectively. The amount of gains (losses), net included in selling, general and administrative expense were $(4.1) million and $10.7 million for the nine months ended March 31, 2016 and 2015, respectively.