KLA Corporation | |||||||
Segment Information (Unaudited) | |||||||
The following is a summary of results for each of our three reportable segments and reconciliations to total revenues for the indicated periods: | |||||||
|
| |||||||
|
| Three Months Ended Dec. 31, |
| Six Months Ended Dec. 31, | ||||
(In thousands) | 2023 |
| 2022 |
| 2023 |
| 2022 |
Revenues: |
|
|
|
|
|
|
|
Semiconductor Process Control | $ 2,194,079 |
| $ 2,657,395 |
| $ 4,329,557 |
| $ 5,055,154 |
Specialty Semiconductor Process | 150,065 |
| 158,085 |
| 276,784 |
| 285,952 |
PCB, Display and Component Inspection | 143,032 |
| 169,959 |
| 279,075 |
| 370,704 |
Total revenues for reportable segments | 2,487,176 |
| 2,985,439 |
| 4,885,416 |
| 5,711,810 |
Corporate allocations and effects of changes in
| (450) |
| (1,552) |
| (1,734) |
| (3,499) |
Total revenues | $ 2,486,726 |
| $ 2,983,887 |
| $ 4,883,682 |
| $ 5,708,311 |
KLA Corporation Condensed Consolidated Unaudited Supplemental Information
Reconciliation of GAAP Net Income to Non-GAAP Net Income | |||||||||||
|
|
| ||||||||||
|
|
|
| Three Months Ended |
| Six Months Ended | ||||||
|
| (In thousands, except per share amounts) |
| Dec. 31,
|
| Sept. 30,
|
| Dec. 31,
|
| Dec. 31,
|
| Dec. 31,
|
GAAP net income attributable to KLA |
| $ 582,534 |
| $ 741,375 |
| $ 978,795 |
| $ 1,323,909 |
| $ 2,004,786 | |
Adjustments to reconcile GAAP net income to non-GAAP net income: |
|
|
|
|
|
|
|
|
|
| |
|
| Acquisition-related charges | a | 59,307 |
| 63,244 |
| 66,689 |
| 122,551 |
| 141,949 |
|
| Restructuring, severance and other charges | b | 1,270 |
| — |
| — |
| 1,270 |
| (5,189) |
|
| Impairment of goodwill and purchased intangible assets | c | 219,000 |
| — |
| — |
| 219,000 |
| — |
|
| Loss on extinguishment of debt | d | — |
| — |
| — |
| — |
| 13,286 |
|
| Income tax effect of non-GAAP adjustments | e | (22,806) |
| (20,399) |
| (19,293) |
| (43,205) |
| (46,575) |
|
| Discrete tax items | f | (103) |
| 2,255 |
| 21,511 |
| 2,152 |
| (53,965) |
| Non-GAAP net income attributable to KLA |
| $ 839,202 |
| $ 786,475 |
| $ 1,047,702 |
| $ 1,625,677 |
| $ 2,054,292 | |
| GAAP net income per diluted share attributable to KLA |
| $ 4.28 |
| $ 5.41 |
| $ 6.89 |
| $ 9.69 |
| $ 14.09 | |
| Non-GAAP net income per diluted share attributable to KLA |
| $ 6.16 |
| $ 5.74 |
| $ 7.38 |
| $ 11.89 |
| $ 14.44 | |
| Shares used in diluted net income per share calculation |
| 136,254 |
| 137,104 |
| 141,966 |
| 136,684 |
| 142,268 | |
