Annual report pursuant to Section 13 and 15(d)

Segment Reporting and Geographic Information - Summary of Results for Reportable Segments (Details)

v3.19.2
Segment Reporting and Geographic Information - Summary of Results for Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Segment Reporting and Geographic Information                      
Revenues $ 1,258,435 [1],[2] $ 1,097,311 [1],[2] $ 1,119,898 [1],[2] $ 1,093,260 [1],[2] $ 1,070,004 $ 1,021,294 $ 975,822 $ 969,581 $ 4,568,904 $ 4,036,701 $ 3,480,014
Segment gross margin $ 665,650 $ 610,366 $ 711,638 $ 711,873 $ 692,438 $ 652,938 $ 628,820 $ 616,464      
Operating segments                      
Segment Reporting and Geographic Information                      
Revenues                 4,569,472 4,036,531 3,480,433
Segment gross margin                 2,826,101 2,592,651 2,191,661
Operating segments | Semiconductor Process Control                      
Segment Reporting and Geographic Information                      
Revenues                 4,080,822 3,944,015 3,408,876
Segment gross margin                 2,590,434 2,554,223 2,160,747
Operating segments | Specialty Semiconductor Process                      
Segment Reporting and Geographic Information                      
Revenues                 151,164 0 0
Segment gross margin                 78,800 0 0
Operating segments | PCB, Display and Component Inspection                      
Segment Reporting and Geographic Information                      
Revenues                 332,810 92,516 71,557
Segment gross margin                 155,765 38,428 30,914
Operating segments | Other                      
Segment Reporting and Geographic Information                      
Revenues                 4,676 0 0
Segment gross margin                 $ 1,102 $ 0 $ 0
[1] On February 20, 2019, we completed the acquisition of Orbotech for total consideration of approximately $3.26 billion. The operating results of Orbotech have been included in our Consolidated financial statements for the fiscal year ended June 30, 2019 from the Acquisition Date. For additional details, refer to Note 6 “Business Combinations” to our Consolidated Financial Statements.
[2] On July 1, 2018, we adopted ASC 606 using the modified retrospective transition approach. Results for reporting periods beginning after June 30, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported in accordance with the previous revenue guidance in ASC 605.