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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified |
6 Months Ended | |
|---|---|---|
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Dec. 31, 2014
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Dec. 31, 2013
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| Cash flows from operating activities: | ||
| Net income | $ 92,501us-gaap_NetIncomeLoss | $ 250,443us-gaap_NetIncomeLoss |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 40,060us-gaap_DepreciationDepletionAndAmortization | 40,448us-gaap_DepreciationDepletionAndAmortization |
| Asset impairment charges | 0klac_GoodwillPurchasedIntangibleAssetAndLongLivedAssetImpairmentCharges | 1,374klac_GoodwillPurchasedIntangibleAssetAndLongLivedAssetImpairmentCharges |
| Loss on extinguishment of debt and other, net | 131,669klac_GainsLossesonExtinguishmentofDebtandOtherNet | 0klac_GainsLossesonExtinguishmentofDebtandOtherNet |
| Non-cash stock-based compensation expense | 30,331us-gaap_ShareBasedCompensation | 34,089us-gaap_ShareBasedCompensation |
| Excess tax benefit from equity awards | (14,788)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities | (19,530)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities |
| Net gain on sale of marketable securities and other investments | (1,916)us-gaap_MarketableSecuritiesGainLoss | (1,447)us-gaap_MarketableSecuritiesGainLoss |
| Changes in assets and liabilities: | ||
| Increase in accounts receivable, net | (161,021)us-gaap_IncreaseDecreaseInAccountsReceivable | (50,791)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Increase in inventories | (12,743)us-gaap_IncreaseDecreaseInInventories | (32,743)us-gaap_IncreaseDecreaseInInventories |
| Increase in other assets | (82,588)us-gaap_IncreaseDecreaseInOtherOperatingAssets | (39,993)us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| Increase in accounts payable | 5,754us-gaap_IncreaseDecreaseInAccountsPayable | 25,939us-gaap_IncreaseDecreaseInAccountsPayable |
| Increase in deferred system profit | 20,163klac_IncreaseDecreaseInDeferredSystemProfit | 85,638klac_IncreaseDecreaseInDeferredSystemProfit |
| Decrease in other liabilities | (1,412)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | (908)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Net cash provided by operating activities | 46,010us-gaap_NetCashProvidedByUsedInOperatingActivities | 292,519us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash flows from investing activities: | ||
| Capital expenditures, net | (26,228)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (36,216)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Purchase of available-for-sale securities | (1,094,276)us-gaap_PaymentsToAcquireAvailableForSaleSecurities | (796,808)us-gaap_PaymentsToAcquireAvailableForSaleSecurities |
| Proceeds from sale of available-for-sale securities | 1,441,460us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities | 520,575us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities |
| Proceeds from maturity of available-for-sale securities | 383,132us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities | 50,889us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities |
| Purchase of trading securities | (39,566)us-gaap_PaymentsToAcquireOtherInvestments | (32,107)us-gaap_PaymentsToAcquireOtherInvestments |
| Proceeds from sale of trading securities | 36,793us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities | 30,879us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities |
| Net cash provided by (used in) investing activities | 701,315us-gaap_NetCashProvidedByUsedInInvestingActivities | (262,788)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Cash flows from financing activities: | ||
| Proceeds from issuance of debt, net of issuance costs | 3,224,906us-gaap_ProceedsFromDebtNetOfIssuanceCosts | 0us-gaap_ProceedsFromDebtNetOfIssuanceCosts |
| Repayment of debt | (877,367)us-gaap_RepaymentsOfLongTermDebt | 0us-gaap_RepaymentsOfLongTermDebt |
| Issuance of common stock | 29,403us-gaap_ProceedsFromIssuanceOfCommonStock | 78,766us-gaap_ProceedsFromIssuanceOfCommonStock |
| Tax withholding payments related to vested and released restricted stock units | (27,800)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation | (49,209)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation |
| Common stock repurchases | (266,360)us-gaap_PaymentsForRepurchaseOfCommonStock | (120,806)us-gaap_PaymentsForRepurchaseOfCommonStock |
| Payment of dividends to stockholders | (2,879,152)us-gaap_PaymentsOfDividends | (149,600)us-gaap_PaymentsOfDividends |
| Excess tax benefit from equity awards | 14,788us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities | 19,530us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities |
| Net cash used in financing activities | (781,582)us-gaap_NetCashProvidedByUsedInFinancingActivities | (221,319)us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes on cash and cash equivalents | (11,739)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | (420)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net decrease in cash and cash equivalents | (45,996)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (192,008)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 630,861us-gaap_CashAndCashEquivalentsAtCarryingValue | 985,390us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | 584,865us-gaap_CashAndCashEquivalentsAtCarryingValue | 793,382us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental cash flow disclosures: | ||
| Income taxes paid, net | 57,729us-gaap_IncomeTaxesPaidNet | 67,241us-gaap_IncomeTaxesPaidNet |
| Interest paid | 33,228us-gaap_InterestPaidNet | 26,301us-gaap_InterestPaidNet |
| Non-cash activities: | ||
| Purchase of land, property and equipment - investing activities | 3,962us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 | 5,923us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 |
| Dividends payable - financing activities | $ 42,987us-gaap_DividendsPayableCurrentAndNoncurrent | $ 0us-gaap_DividendsPayableCurrentAndNoncurrent |
| X | ||||||||||
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- Definition
Gains (Losses) on Extinguishment of Debt and Other, Net No definition available.
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Goodwill, purchased intangible asset and long-lived asset impairment charges No definition available.
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- Definition
Deferred system profit balance equals the amount of deferred system revenue that was invoiced and due on shipment, less applicable product and warranty costs. Deferred system profit does not include the profit associated with product shipments to customers, to whom title does not transfer until customer acceptance. No definition available.
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of fixed assets that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with other investments held by the entity for investment purposes not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from additional borrowings, net of cash paid to third parties in connection with debt origination. No definition available.
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the aggregate amount received by the entity through sale or maturity of marketable securities (held-to-maturity or available-for-sale) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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