Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

v3.21.2
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)
 3 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Summary of Results for Reportable Segments
The following is a summary of results for each of our four reportable segments for the indicated periods:
  Three Months Ended September 30,
(In thousands) 2021 2020
SPC:
Revenues $ 1,779,083  $ 1,267,954 
Segment gross margin 1,161,929  814,810 
Specialty Semiconductor Process:
Revenues 102,029  88,954 
Segment gross margin 54,721  49,928 
PCB, Display and Component Inspection:
Revenues 202,808  181,177 
Segment gross margin 94,476  90,169 
Other:
Revenues —  140 
Segment gross margin —  13 
Totals:
Revenues for reportable segments $ 2,083,920  $ 1,538,225 
Segment gross margin $ 1,311,126  $ 954,920 
Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue
The following table reconciles total revenues for reportable segments to total revenues for the indicated periods:
  Three Months Ended September 30,
(In thousands) 2021 2020
Total revenues for reportable segments $ 2,083,920  $ 1,538,225 
Corporate allocations and effects of foreign exchange rates (82) 395 
Total revenues $ 2,083,838  $ 1,538,620 
Schedule of Reconciliation of Total Segment Gross Margin to Total Income Before Income Taxes
The following table reconciles total segment gross margin to total income before income taxes for the indicated periods:
  Three Months Ended September 30,
(In thousands) 2021 2020
Total segment gross margin $ 1,311,126  $ 954,920 
Acquisition-related charges, corporate allocations, and effects of foreign exchange rates(1)
40,912  36,862 
Research and development 258,153  219,038 
Selling, general and administrative 193,261  172,631 
Interest expense 38,312  39,386 
Other expense (income), net 14,140  3,197 
Income before income taxes $ 766,348  $ 483,806 
__________________
(1)Acquisition-related charges primarily include amortization of intangible assets and amortization of inventory fair value adjustments presented as part of costs of revenues.
Schedule of Revenues by Geographic Region
The following is a summary of revenues by geographic region, based on ship-to location, for the indicated periods:
(Dollar amounts in thousands) Three Months Ended September 30,
2021 2020
Revenues:
China $ 685,156  33  % $ 486,089  32  %
Taiwan 627,084  30  % 369,100  24  %
Korea 239,183  12  % 189,518  12  %
North America 177,740  9  % 170,176  11  %
Japan 175,167  8  % 164,419  11  %
Rest of Asia 92,068  4  % 76,201  5  %
Europe and Israel 87,440  4  % 83,117  5  %
Total $ 2,083,838  100  % $ 1,538,620  100  %
Schedule of Revenues by Major Products
The following is a summary of revenues by major product categories for the indicated periods:
(Dollar amounts in thousands) Three Months Ended September 30,
2021 2020
Revenues:
Wafer Inspection $ 887,512  43  % $ 519,551  34  %
Patterning 439,591  21  % 370,932  24  %
Specialty Semiconductor Process 93,120  4  % 74,027  5  %
PCB, Display and Component Inspection 137,887  7  % 120,626  8  %
Services 453,950  22  % 393,125  26  %
Other 71,778  3  % 60,359  3  %
Total $ 2,083,838  100  % $ 1,538,620  100  %
Schedule of Long-Lived Assets by Geographic Region
Land, property and equipment, net by geographic region as of the dates indicated below were as follows: 
As of As of
(In thousands) September 30, 2021 June 30, 2021
Land, property and equipment, net:
United States $ 476,809  $ 447,359 
Singapore 81,160  76,882 
Israel 60,064  57,403 
Europe 56,153  56,895 
Rest of Asia 24,361  24,488 
Total $ 698,547  $ 663,027