Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Purchased Intangible Assets (Tables)

v3.10.0.1
Goodwill and Purchased Intangible Assets (Tables)
 3 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Balances
The following table presents goodwill balances and the movements by reporting unit during the three months ended September 30, 2018:
(In thousands)
 
Wafer Inspection
 
Patterning
 
GSS
 
Others
 
Total
Balance as of June 30, 2018
 
$
281,005

 
$
53,255

 
$
8,039

 
$
12,399

 
$
354,698

Acquired goodwill
 
—

 
—

 
4,631

 
1,176

 
5,807

Foreign currency and other adjustments
 
(77
)
 
—

 
—

 
—

 
(77
)
Balance as of September 30, 2018
 
$
280,928

 
$
53,255

 
$
12,670

 
$
13,575

 
$
360,428


Components of Purchased Intangible Assets
The components of purchased intangible assets as of the dates indicated below were as follows:
(In thousands)
 
 
As of
September 30, 2018
 
As of
June 30, 2018
Category
Range of
Useful Lives
 
Gross
Carrying
Amount
 
Accumulated
Amortization
and
Impairment
 
Net
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
and
Impairment
 
Net
Amount
Existing technology
4-7 years
 
$
166,029

 
$
145,093

 
$
20,936

 
$
160,859

 
$
144,202

 
$
16,657

Trade name/Trademark
5-7 years
 
21,073

 
20,100

 
973

 
20,993

 
20,060

 
933

Customer relationships
7 years
 
58,050

 
55,234

 
2,816

 
56,680

 
55,136

 
1,544

Other
<1-5 years
 
1,270

 
866

 
404

 
660

 
461

 
199

Total
 
 
$
246,422

 
$
221,293

 
$
25,129

 
$
239,192

 
$
219,859

 
$
19,333

Remaining Estimated Amortization Expense
Based on the purchased intangible assets recorded as of September 30, 2018, and assuming no subsequent additions to, or impairment of, the underlying assets, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30:
Amortization
(In thousands)
2019 (remaining 9 months)
$
3,523

2020
4,438

2021
4,438

2022
4,438

2023
4,244

Thereafter
4,048

Total
$
25,129