KLA Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

Related Party Transactions

9 Months Ended

Mar. 31, 2017

NOTE 15 – RELATED PARTY TRANSACTIONS

During the three and nine months ended March 31, 2017 and 2016, the Company purchased from, or sold to, several entities, where one or more executive officers of the Company or members of the Company’s Board of Directors, or their immediate family members, also serves as an executive officer or a board member, including Citrix Systems, Inc., Keysight Technologies, Inc., MetLife Insurance K.K. and NetApp, Inc. The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):



	Three months ended March 31,				Nine months ended March 31,
(In thousands)	2017		2016		2017		2016
Total revenues	$	—	$	6	$	8	$	8
Total purchases	$	57	$	53	$	640	$	639

The receivable and payable balances from these parties were immaterial at March 31, 2017 and June 30, 2016. Management believes that such transactions are at arm’s length and on similar terms as would have been obtained from unaffiliated third parties.