Quarterly report [Sections 13 or 15(d)]

SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

v3.25.1
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)
 9 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Results for Reportable Segments
The following is a summary of results for each of our three reportable segments for the indicated periods:
  Three Months Ended March 31, Nine Months Ended March 31,
(In thousands) 2025 2024 2025 2024
Semiconductor Process Control:
Revenues $ 2,738,817  $ 2,096,005  $ 8,069,711  $ 6,425,562 
Segment gross profit 1,765,194  1,343,467  5,145,053  4,148,335 
Specialty Semiconductor Process:
Revenues 156,500  130,649  445,241  407,433 
Segment gross profit 83,827  69,280  229,443  219,859 
PCB and Component Inspection:
Revenues 168,552  133,399  467,615  412,474 
Segment gross profit 81,099  (949) 194,162  96,036 
Totals:
Revenues for reportable segments $ 3,063,869  $ 2,360,053  $ 8,982,567  $ 7,245,469 
Segment gross profit $ 1,930,120  $ 1,411,798  $ 5,568,658  $ 4,464,230 
Schedule of Reconciliation of Total Reportable Segments Revenue to Total Revenue
The following table reconciles total reportable segment revenues to total revenues for the indicated periods:
  Three Months Ended March 31, Nine Months Ended March 31,
(In thousands) 2025 2024 2025 2024
Total revenues for reportable segments $ 3,063,869  $ 2,360,053  $ 8,982,567  $ 7,245,469 
Corporate allocations and effects of changes in foreign currency exchange rates (840) (223) (1,146) (1,957)
Total revenues $ 3,063,029  $ 2,359,830  $ 8,981,421  $ 7,243,512 
Schedule of Reconciliation of Total Segment Gross Profit to Income Before Income Taxes
The following table reconciles total segment gross profit to income before income taxes for the indicated periods:
  Three Months Ended March 31, Nine Months Ended March 31,
(In thousands) 2025 2024 2025 2024
Total segment gross profit $ 1,930,120  $ 1,411,798  $ 5,568,658  $ 4,464,230 
Acquisition-related charges, corporate allocations and effects of changes in foreign currency exchange rates(1)
42,780  45,853  131,818  138,240 
R&D 338,043  321,590  1,007,345  953,222 
SG&A 248,905  237,514  767,028  714,403 
Impairment of goodwill and purchased intangible assets —  70,474  239,100  289,474 
Interest expense 71,889  79,981  229,041  228,417 
Other expense (income), net (35,930) (45,622) (121,323) (104,515)
Income before income taxes $ 1,264,433  $ 702,008  $ 3,315,649  $ 2,244,989 
__________________
(1)Acquisition-related charges primarily include amortization of intangible assets and other acquisition-related costs classified or presented as part of costs of revenues.
Schedule of Revenues by Geographic Region
The following is a summary of revenues by geographic region, based on ship-to location, for the indicated periods:
(Dollar amounts in thousands) Three Months Ended March 31, Nine Months Ended March 31,
2025 2024 2025 2024
Revenues:
Taiwan $ 988,470  32  % $ 433,916  18  % $ 2,331,672  26  % $ 1,214,518  17  %
China 792,884  26  % 996,885  42  % 3,083,713  34  % 3,050,609  42  %
Korea 378,548  12  % 201,290  9  % 974,656  11  % 731,783  10  %
Japan 338,651  11  % 267,045  11  % 755,834  9  % 792,179  11  %
North America 293,980  10  % 246,993  10  % 1,081,114  12  % 761,319  11  %
Europe and Israel 170,056  6  % 129,350  6  % 449,142  5  % 421,148  6  %
Rest of Asia 100,440  3  % 84,351  4  % 305,290  3  % 271,956  3  %
Total $ 3,063,029  100  % $ 2,359,830  100  % $ 8,981,421  100  % $ 7,243,512  100  %
Schedule of Revenues by Major Products
The following is a summary of revenues by major product categories for the indicated periods:
(Dollar amounts in thousands) Three Months Ended March 31, Nine Months Ended March 31,
2025 2024 2025 2024
Revenues:
Wafer Inspection $ 1,495,685  49  % $ 987,709  42  % $ 4,427,238  49  % $ 3,164,391  43  %
Patterning 636,415  21  % 539,296  23  % 1,743,504  20  % 1,512,168  21  %
Specialty Semiconductor Process 138,376  4  % 116,449  5  % 394,165  4  % 364,830  5  %
PCB and Component Inspection 104,254  3  % 68,332  3  % 270,489  3  % 216,794  3  %
Services 669,208  22  % 590,461  25  % 1,980,749  22  % 1,715,670  24  %
Other 19,091  1  % 57,583  2  % 165,276  2  % 269,659  4  %
Total $ 3,063,029  100  % $ 2,359,830  100  % $ 8,981,421  100  % $ 7,243,512  100  %
Schedule of Long-Lived Assets by Geographic Region
Land, property and equipment, net by geographic region as of the dates indicated below were as follows: 
As of As of
(In thousands) March 31, 2025 June 30, 2024
Land, property and equipment, net:
United States $ 710,572  $ 689,937 
Europe 231,375  155,812 
Singapore 152,287  148,557 
Israel 71,970  84,279 
Rest of Asia 32,098  31,383 
Total $ 1,198,302  $ 1,109,968