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
foreign currency exchange rates

(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,
2023

Sept. 30,
2023

Dec. 31,
2022

Dec. 31,
2023

Dec. 31,
2022

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