Annual report pursuant to Section 13 and 15(d)

QUARTERLY CONSOLIDATED RESULTS OF OPERATIONS (UNAUDITED)

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QUARTERLY CONSOLIDATED RESULTS OF OPERATIONS (UNAUDITED)
 12 Months Ended
Jun. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY CONSOLIDATED RESULTS OF OPERATIONS (UNAUDITED) QUARTERLY CONSOLIDATED RESULTS OF OPERATIONS (UNAUDITED)
The following is a summary of our quarterly consolidated results of operations (unaudited) for the fiscal years ended June 30, 2020 and 2019.
(In thousands, except per share data) First Quarter Ended September 30, 2019 Second Quarter Ended December 31, 2019 Third Quarter Ended March 31, 2020 Fourth Quarter Ended June 30, 2020
Total revenues $ 1,413,414    $ 1,509,453    $ 1,423,964    $ 1,459,593   
Gross margin $ 809,173    $ 875,835    $ 833,806    $ 838,049   
Net income attributable to KLA $ 346,525    $ 380,555    $ 78,452    $ 411,253   
Net income attributable to KLA per share:
Basic(2)
$ 2.18    $ 2.42    $ 0.50    $ 2.65   
Diluted(2)
$ 2.16    $ 2.40    $ 0.50    $ 2.63   
(In thousands, except per share data) First Quarter Ended September 30, 2018 Second Quarter Ended December 31, 2018 Third Quarter Ended March 31, 2019 Fourth Quarter Ended June 30, 2019
Total revenues(1)
$ 1,093,260    $ 1,119,898    $ 1,097,311    $ 1,258,435   
Gross margin $ 711,873    $ 711,638    $ 610,366    $ 665,650   
Net income (loss) attributable to KLA(3)
$ 395,944    $ 369,100    $ 192,728    $ 217,845   
Net income (loss) attributable to KLA per share:
Basic(2)
$ 2.55    $ 2.43    $ 1.23    $ 1.36   
Diluted(2)
$ 2.54    $ 2.42    $ 1.23    $ 1.35   
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(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”.
(2)Basic and diluted net income (loss) per share were computed independently for each of the quarters presented based on the weighted-average basic and fully diluted shares outstanding for each quarter. Therefore, the sum of quarterly basic and diluted net income (loss) per share information may not equal annual basic and diluted net income (loss) per share.