Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)

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GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)
 3 Months Ended
Sep. 30, 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 three months ended September 30, 2024:
(In thousands) Semiconductor Process Control Specialty Semiconductor Process Printed Circuit Board (“PCB”) and Component Inspection Total
Balances as of June 30, 2024
Goodwill $ 1,030,588  $ 826,037  $ 651,324  $ 2,507,949 
Accumulated impairment losses (277,570) (144,179) (70,474) (492,223)
$ 753,018  $ 681,858  $ 580,850  $ 2,015,726 
Activity for the three months ended September 30, 2024
Foreign currency adjustments (5) —  —  (5)
Balances as of September 30, 2024
Goodwill 1,030,583  826,037  651,324  $ 2,507,944 
Accumulated impairment losses (277,570) (144,179) (70,474) (492,223)
$ 753,013  $ 681,858  $ 580,850  $ 2,015,721 
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 September 30, 2024 As of June 30, 2024
Category
Range of
Useful 
Lives
(in years)
 Gross
Carrying
Amount		 Accumulated
Amortization
and
Impairment		 Net
Amount		 Gross
Carrying
Amount		 Accumulated
Amortization
and
Impairment		 Net
Amount
Existing technology
4-8
 $ 1,552,074  $ 1,089,685  $ 462,389  $ 1,552,074  $ 1,045,585  $ 506,489 
Customer relationships
4-9
 358,567  257,125  101,442  358,567  248,106  110,461 
Trade name / Trademark
4-7
 119,083  100,691  18,392  119,083  97,106  21,977 
Order backlog and other
<1-7
 83,336  82,789  547  83,336  82,740  596 
Intangible assets subject to amortization
 2,113,060  1,530,290  582,770  2,113,060  1,473,537  639,523 
In-process research and development 46,074  16,833  29,241  46,074  16,833  29,241 
Total $ 2,159,134  $ 1,547,123  $ 612,011  $ 2,159,134  $ 1,490,370  $ 668,764 
Schedule of Amortization Expense for Purchased Intangible Assets
Amortization expense for purchased intangible assets for the periods indicated below was as follows:
Three Months Ended September 30,
(In thousands) 2024 2023
Amortization expense - Costs of revenues $ 44,099  $ 46,088 
Amortization expense - SG&A 12,654  17,216 
Total $ 56,753  $ 63,304 
Schedule of Remaining Estimated Amortization Expense
Based on the purchased intangible assets gross carrying amount recorded as of September 30, 2024, the remaining estimated annual amortization expense is expected to be as follows:
Fiscal year ending June 30: Amortization (In thousands)
2025 (remaining nine months) $ 161,654 
2026 198,078 
2027 125,517 
2028 48,849 
2029 34,530 
2030 and thereafter 14,142 
Total $ 582,770