Annual report pursuant to Section 13 and 15(d)

Goodwill and Purchased Intangible Assets (Tables)

v3.10.0.1
Goodwill and Purchased Intangible Assets (Tables)
 12 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Rollforward
The following table presents goodwill balances and the movements by reporting unit during the fiscal years ended June 30, 2018 and 2017:
(In thousands)
 
Wafer Inspection
 
Patterning
 
GSS
 
Others
 
Total
Balance as of June 30, 2016
 
$
281,026

 
$
53,255

 
$
—

 
$
896

 
$
335,177

Acquired goodwill
 
—

 
—

 
2,856

 
11,424

 
14,280

Foreign currency adjustment
 
69

 
—

 
—

 
—

 
69

Balance as of June 30, 2017
 
281,095

 
53,255

 
2,856

 
12,320

 
349,526

Acquired goodwill
 
—

 
—

 
5,163

 
—

 
5,163

Foreign currency and other adjustments
 
(90
)
 
—

 
20

 
79

 
9

Balance as of June 30, 2018
 
$
281,005

 
$
53,255

 
$
8,039

 
$
12,399

 
$
354,698

Components of Purchased Intangible Assets
The components of purchased intangible assets as of the dates indicated below were as follows:
(In thousands)
 
 
As of June 30, 2018
 
As of June 30, 2017
Category
Range of
Useful Lives
 
Gross
Carrying
Amount
 
Accumulated
Amortization and Impairment
 
Net
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization and Impairment
 
Net
Amount
Existing technology
4-7 years
 
$
160,859

 
$
144,202

 
$
16,657

 
$
157,259

 
$
140,346

 
$
16,913

Trade name/Trademark
7 years
 
20,993

 
20,060

 
933

 
20,993

 
19,902

 
1,091

Customer relationships
7-8 years
 
56,680

 
55,136

 
1,544

 
55,680

 
54,959

 
721

Backlog
<1 year
 
660

 
461

 
199

 
260

 
22

 
238

Total
 
 
$
239,192

 
$
219,859

 
$
19,333

 
$
234,192

 
$
215,229

 
$
18,963

Remaining Estimated Amortization Expense
Based on the intangible assets recorded as of June 30, 2018, and assuming no subsequent additions to, or impairment of, the underlying assets, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:
Amortization
(In thousands)
2019
$
3,400

2020
3,201

2021
3,201

2022
3,201

2023
3,151

Thereafter
3,179

Total
$
19,333