Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

v3.23.3
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)
 3 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Results for Reportable Segments
The following is a summary of results for each of our three reportable segments for the indicated periods:
  Three Months Ended September 30,
(In thousands) 2023 2022
Semiconductor Process Control:
Revenues $ 2,135,478  $ 2,397,759 
Segment gross profit 1,386,529  1,576,982 
Specialty Semiconductor Process:
Revenues 126,719  127,867 
Segment gross profit 69,301  67,040 
PCB, Display and Component Inspection:
Revenues 136,043  200,745 
Segment gross profit 39,820  85,674 
Totals:
Revenues for reportable segments $ 2,398,240  $ 2,726,371 
Segment gross profit $ 1,495,650  $ 1,729,696 
Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue
The following table reconciles total reportable segment revenues to total revenues for the indicated periods:
  Three Months Ended September 30,
(In thousands) 2023 2022
Total revenues for reportable segments $ 2,398,240  $ 2,726,371 
Corporate allocations and effects of changes in foreign currency exchange rates (1,284) (1,947)
Total revenues $ 2,396,956  $ 2,724,424 
Schedule of Reconciliation of Total Segment Gross Profit to Income Before Income Taxes
The following table reconciles total segment gross profit to income before income taxes for the indicated periods:
  Three Months Ended September 30,
(In thousands) 2023 2022
Total segment gross profit $ 1,495,650  $ 1,729,696 
Acquisition-related charges, corporate allocations and effects of changes in foreign currency exchange rates(1)
45,585  46,498 
R&D 311,214  318,515 
SG&A 239,645  253,980 
Interest expense 74,234  74,395 
Loss on extinguishment of debt —  13,286 
Other expense (income), net (26,739) (47,006)
Income before income taxes $ 851,711  $ 1,070,028 
__________________
(1)Acquisition-related charges primarily include amortization of intangible assets and other acquisition-related costs classified or 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,
2023 2022
Revenues:
China $ 1,025,944  43  % $ 839,661  31  %
Taiwan 405,343  17  % 748,334  27  %
North America 250,713  10  % 233,754  9  %
Japan 227,377  10  % 217,709  8  %
Korea 219,821  9  % 407,462  15  %
Europe and Israel 168,436  7  % 164,073  6  %
Rest of Asia 99,322  4  % 113,431  4  %
Total $ 2,396,956  100  % $ 2,724,424  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,
2023 2022
Revenues:
Wafer Inspection $ 1,010,198  42  % $ 1,102,542  41  %
Patterning 542,488  23  % 733,370  27  %
Specialty Semiconductor Process 112,103  5  % 114,444  4  %
PCB, Display and Component Inspection 71,164  3  % 134,443  5  %
Services 560,292  23  % 528,815  19  %
Other 100,711  4  % 110,810  4  %
Total $ 2,396,956  100  % $ 2,724,424  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, 2023 June 30, 2023
Land, property and equipment, net:
United States $ 686,532  $ 672,561 
Singapore 155,152  150,989 
Israel 92,641  92,815 
Europe 88,694  74,015 
Rest of Asia 36,906  41,461 
Total $ 1,059,925  $ 1,031,841