Annual report pursuant to Section 13 and 15(d)

BUSINESS COMBINATIONS (Tables)

v3.21.2
BUSINESS COMBINATIONS (Tables)
 12 Months Ended
Jun. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Acquisition Purchase Price Allocation
The allocation of the purchase price to the estimated fair value of the assets acquired and liabilities assumed at the Acquisition Date, including all measurement period adjustments, was as follows:
(In thousands) Purchase Price Allocation
Assets
Accounts receivable, net $ 197,873 
Inventories 330,325 
Contract assets 63,181 
Other current assets 70,622 
Property, plant, and equipment, net 97,664 
Intangible assets 1,553,570 
Other non-current assets 73,179 
Total assets acquired $ 2,386,414 
Liabilities
Accounts payable $ 53,015 
Accrued liabilities 173,507 
Other current liabilities 73,057 
Deferred tax liabilities 786,671 
Other non-current liabilities 86,789 
Non-controlling interest 19,185 
Total liabilities assumed $ 1,192,224 
Total identifiable net assets acquired $ 1,194,190 
Goodwill 1,845,728 
Total purchase price $ 3,039,918 
Non-recurring Adjustments to Unaudited Pro Forma Results Attributable to Business Combination
The table below reflects the impact of material and nonrecurring adjustments to the unaudited pro forma results for the indicated periods that are directly attributable to the acquisitions:
Year Ended June 30,
Non-recurring Adjustments (In thousands)
2019
Increase to expense as a result of inventory fair value adjustment $ 1,029 
(Decrease)/increase to expense as a result of transaction costs $ (64,343)
Increase to expense as a result of compensation costs $ 7,201 
Schedule of Unaudited Pro Forma Information
The unaudited pro forma information presented below is for informational purposes only and is not necessarily indicative of our consolidated results of operations of the combined business had the acquisitions actually occurred at the beginning of fiscal year 2018 or of the results of our future operations of the combined businesses.
Year Ended June 30,
(In thousands) 2019
Revenues $ 5,154,823 
Net income attributable to KLA $ 1,288,467