Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)

v3.24.4
GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances The following table presents changes in goodwill carrying value by reportable segment during the six months ended December 31, 2024:
(In thousands) Semiconductor Process Control Specialty Semiconductor Process PCB and Component Inspection Total
Balances as of June 30, 2024 $ 753,018  $ 681,858  $ 580,850  $ 2,015,726 
Goodwill impairment —  —  (230,400) (230,400)
Foreign currency adjustments (29) —  —  (29)
Balances as of December 31, 2024 $ 752,989  $ 681,858  $ 350,450  $ 1,785,297 
Schedule of Components of Purchased Intangible Assets
The components of purchased intangible assets as of the dates indicated below were as follows:
(In thousands) As of December 31, 2024 As of June 30, 2024
Category Gross
Carrying
Amount
Accumulated
Amortization
and
Impairment
Net
Amount
Gross
Carrying
Amount
Accumulated
Amortization
and
Impairment
Net
Amount
Existing technology $ 1,552,074  $ 1,138,143  $ 413,931  $ 1,552,074  $ 1,045,585  $ 506,489 
Customer relationships 358,567  267,026  91,541  358,567  248,106  110,461 
Trade name / Trademark 119,083  106,704  12,379  119,083  97,106  21,977 
Order backlog and other 87,536  82,989  4,547  83,336  82,740  596 
Intangible assets subject to amortization
2,117,260  1,594,862  522,398  2,113,060  1,473,537  639,523 
In-process research and development 46,074  19,827  26,247  46,074  16,833  29,241 
Total $ 2,163,334  $ 1,614,689  $ 548,645  $ 2,159,134  $ 1,490,370  $ 668,764 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of December 31, 2024, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30: Amortization (In thousands)
2025 (remaining six months) $ 104,749 
2026 195,762 
2027 123,250 
2028 48,016 
2029 35,130 
2030 and thereafter 15,491 
Total $ 522,398