SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)
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12 Months Ended |
Jun. 30, 2024 |
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| Segment Reporting [Abstract] |
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| Schedule of Results for Reportable Segments |
The following is a summary of results for each of our three reportable segments for the indicated periods.
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Year Ended June 30, |
| (In thousands) |
2024 |
|
2023 |
|
2022 |
| Semiconductor Process Control: |
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| Revenues |
$ |
8,733,556 |
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$ |
9,324,190 |
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|
$ |
7,924,822 |
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| Segment gross profit |
$ |
5,629,302 |
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$ |
5,957,573 |
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$ |
5,167,679 |
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| Specialty Semiconductor Process: |
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| Revenues |
$ |
528,701 |
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$ |
543,398 |
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$ |
456,579 |
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| Segment gross profit |
$ |
282,910 |
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$ |
281,942 |
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$ |
242,520 |
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| PCB and Component Inspection: |
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| Revenues |
$ |
552,491 |
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$ |
631,604 |
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$ |
832,176 |
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| Segment gross profit |
$ |
158,960 |
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$ |
221,251 |
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$ |
378,964 |
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| Totals: |
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| Revenues for reportable segments |
$ |
9,814,748 |
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$ |
10,499,192 |
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$ |
9,213,577 |
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| Segment gross profit |
$ |
6,071,172 |
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$ |
6,460,766 |
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$ |
5,789,163 |
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| Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue |
The following table reconciles total reportable segment revenue to total revenue for the indicated periods:
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Year Ended June 30, |
| (In thousands) |
2024 |
|
2023 |
|
2022 |
| Total revenues for reportable segments |
$ |
9,814,748 |
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|
$ |
10,499,192 |
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|
$ |
9,213,577 |
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| Corporate allocations and effects of changes in foreign currency exchange rates |
(2,501) |
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(3,136) |
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(1,694) |
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| Total revenues |
$ |
9,812,247 |
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$ |
10,496,056 |
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$ |
9,211,883 |
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| Schedule of Reconciliation of Total Segment Gross Margin to Total Income Before Income Taxes |
The following table reconciles total segment gross profit to total income before income taxes for the indicated periods:
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Year Ended June 30, |
| (In thousands) |
2024 |
|
2023 |
|
2022 |
| Total segment gross profit |
$ |
6,071,172 |
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$ |
6,460,766 |
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$ |
5,789,163 |
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Acquisition-related charges, corporate allocations and effects of changes in foreign currency exchange rates(1)
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186,998 |
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183,017 |
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169,721 |
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| R&D |
1,278,981 |
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1,296,727 |
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1,105,254 |
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| SG&A |
969,509 |
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986,326 |
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|
860,007 |
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| Impairment of goodwill and purchased intangible assets |
289,474 |
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— |
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— |
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| Interest expense |
311,253 |
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296,940 |
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160,339 |
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| Loss on extinguishment of debt |
— |
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13,286 |
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— |
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| Other expense (income), net |
(155,075) |
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(104,720) |
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|
4,605 |
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| Income before income taxes |
$ |
3,190,032 |
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$ |
3,789,190 |
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$ |
3,489,237 |
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__________________
(1)Acquisition-related charges primarily include amortization of intangible assets and other acquisition-related costs classified or presented as part of Costs of revenues.
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| 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:
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| (Dollar amounts in thousands) |
Year Ended June 30, |
| 2024 |
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2023 |
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2022 |
| Revenues: |
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| China |
$ |
4,196,727 |
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43 |
% |
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$ |
2,867,443 |
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27 |
% |
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$ |
2,660,438 |
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29 |
% |
| Taiwan |
1,738,065 |
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18 |
% |
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2,493,379 |
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24 |
% |
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2,528,482 |
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27 |
% |
| North America |
1,070,791 |
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11 |
% |
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1,254,956 |
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12 |
% |
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928,043 |
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10 |
% |
| Japan |
963,203 |
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10 |
% |
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888,016 |
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9 |
% |
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724,773 |
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8 |
% |
| Korea |
906,924 |
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9 |
% |
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1,895,710 |
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18 |
% |
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1,430,495 |
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16 |
% |
| Europe and Israel |
540,263 |
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6 |
% |
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682,103 |
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6 |
% |
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636,664 |
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7 |
% |
| Rest of Asia |
396,274 |
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3 |
% |
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414,449 |
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4 |
% |
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302,988 |
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3 |
% |
| Total |
$ |
9,812,247 |
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|
100 |
% |
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$ |
10,496,056 |
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100 |
% |
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$ |
9,211,883 |
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100 |
% |
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| Schedule of Revenues by Major Products |
The following is a summary of revenues by major product categories for the indicated periods:
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| (Dollar amounts in thousands) |
Year ended June 30, |
| 2024 |
|
2023 |
|
2022 |
| Revenues: |
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| Wafer Inspection |
$ |
4,333,296 |
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44 |
% |
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$ |
4,336,663 |
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41 |
% |
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$ |
4,014,726 |
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44 |
% |
| Patterning |
2,054,442 |
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21 |
% |
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2,791,130 |
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26 |
% |
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2,050,025 |
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22 |
% |
| Specialty Semiconductor Process |
470,565 |
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5 |
% |
|
492,109 |
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5 |
% |
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414,811 |
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4 |
% |
| PCB and Component Inspection |
291,161 |
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3 |
% |
|
378,030 |
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4 |
% |
|
562,464 |
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6 |
% |
| Services |
2,329,568 |
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24 |
% |
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2,117,031 |
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20 |
% |
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1,910,455 |
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21 |
% |
| Other |
333,215 |
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3 |
% |
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381,093 |
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4 |
% |
|
259,402 |
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3 |
% |
| Total |
$ |
9,812,247 |
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|
100 |
% |
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$ |
10,496,056 |
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100 |
% |
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$ |
9,211,883 |
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100 |
% |
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| 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:
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As of June 30, |
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| (In thousands) |
2024 |
|
2023 |
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| Land, property and equipment, net: |
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| U.S. |
$ |
689,937 |
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$ |
672,561 |
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| Europe |
155,812 |
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|
74,015 |
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| Singapore |
148,557 |
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|
150,989 |
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| Israel |
84,279 |
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92,815 |
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| Rest of Asia |
31,383 |
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41,461 |
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| Total |
$ |
1,109,968 |
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$ |
1,031,841 |
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