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: | |||||||
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| |||||||
|
| Three Months Ended March 31, |
| Nine Months Ended March 31, | ||||
(In thousands) | 2023 |
| 2022 |
| 2023 |
| 2022 |
Revenues: |
|
|
|
|
|
|
|
Semiconductor Process Control | $ 2,171,557 |
| $ 1,979,295 |
| $ 7,226,711 |
| $ 5,810,580 |
Specialty Semiconductor Process | 128,438 |
| 117,253 |
| 414,390 |
| 332,020 |
PCB, Display and Component Inspection | 131,923 |
| 192,533 |
| 502,627 |
| 583,318 |
Total revenues for reportable segments | 2,431,918 |
| 2,289,081 |
| 8,143,728 |
| 6,725,918 |
Corporate allocations and effects of changes in foreign currency exchange rates | 690 |
| (405) |
| (2,809) |
| (774) |
Total revenues | $ 2,432,608 |
| $ 2,288,676 |
| $ 8,140,919 |
| $ 6,725,144 |
KLA Corporation Condensed Consolidated Unaudited Supplemental Information
Reconciliation of GAAP Net Income to Non-GAAP Net Income | ||||||||||||||||
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Three Months Ended |
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Nine Months Ended | |||||||||||
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| (In thousands, except per share amounts) |
| March 31,
|
| Dec. 31,
|
| March 31,
|
| March 31,
|
| March 31,
| |||||
GAAP net income attributable to KLA |
| $ | 697,837 |
| $ | 978,795 |
| $ | 730,572 |
| $ | 2,702,623 |
| $ | 2,516,433 | |
Adjustments to reconcile GAAP net income to non-GAAP net income: |
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|
|
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| |
|
| Acquisition-related charges | a |
| 65,050 |
|
| 66,689 |
|
| 59,898 |
|
| 206,999 |
|
| 174,405 |
|
| Restructuring, severance and other charges | b |
| 19,089 |
|
| — |
|
| 2,513 |
|
| 13,900 |
|
| 2,638 |
|
| Loss on extinguishment of debt | c |
| — |
|
| — |
|
| — |
|
| 13,286 |
|
| — |
|
| Income tax effect of non-GAAP adjustments | d |
| (22,942) |
|
| (19,293) |
|
| (18,803) |
|
| (69,517) |
|
| (55,245) |
|
| Discrete tax items | e |
| 1,688 |
|
| 21,511 |
|
| 1,457 |
|
| (52,277) |
|
| (299,527) |
| Non-GAAP net income attributable to KLA |
| $ | 760,722 |
| $ | 1,047,702 |
| $ | 775,637 |
| $ | 2,815,014 |
| $ | 2,338,704 | |
| GAAP net income per diluted share attributable to KLA |
| $ | 5.03 |
| $ | 6.89 |
| $ | 4.83 |
| $ | 19.16 |
| $ | 16.52 | |
| Non-GAAP net income per diluted share attributable to KLA |
| $ | 5.49 |
| $ | 7.38 |
| $ | 5.13 |
| $ | 19.95 |
| $ | 15.35 | |
| Shares used in diluted net income per share calculation |
|
| 138,645 |
|
| 141,966 |
|
| 151,186 |
|
| 141,073 |
|
| 152,346 | |
