2024 Q1 Form 10-Q Financial Statement

#000031920124000006 Filed on January 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2022 Q4
Revenue $2.360B $2.487B $2.984B
YoY Change -2.99% -16.66% 26.83%
Cost Of Revenue $948.0M $976.7M $1.209B
YoY Change -5.7% -19.2% 33.1%
Gross Profit $1.412B $1.510B $1.775B
YoY Change -1.08% -14.94% 22.89%
Gross Profit Margin 59.83% 60.72% 59.49%
Selling, General & Admin $224.6M $237.2M $243.1M
YoY Change -5.79% -2.41% 13.87%
% of Gross Profit 15.91% 15.71% 13.69%
Research & Development $321.6M $320.4M $332.8M
YoY Change -2.04% -3.73% 25.58%
% of Gross Profit 22.78% 21.22% 18.75%
Depreciation & Amortization $99.26M $99.07M $103.5M
YoY Change -5.33% -4.29% 21.0%
% of Gross Profit 7.03% 6.56% 5.83%
Operating Expenses $559.1M $557.7M $575.9M
YoY Change -1.33% -3.17% 20.36%
Operating Profit $852.7M $952.3M $1.199B
YoY Change -0.92% -20.59% 24.14%
Interest Expense -$79.98M $74.20M $74.28M
YoY Change -206.96% -0.11% 96.24%
% of Operating Profit -9.38% 7.79% 6.19%
Other Income/Expense, Net $45.62M $32.15M $18.07M
YoY Change 206.93% 77.9% -1604.91%
Pretax Income $702.0M $691.3M $1.143B
YoY Change -12.32% -39.52% 23.31%
Income Tax $100.5M $108.7M $164.2M
% Of Pretax Income 14.31% 15.73% 14.36%
Net Earnings $601.5M $582.5M $978.8M
YoY Change -13.8% -40.48% 36.43%
Net Earnings / Revenue 25.49% 23.43% 32.8%
Basic Earnings Per Share $4.46 $4.30 $6.93
Diluted Earnings Per Share $4.43 $4.28 $6.89
COMMON SHARES
Basic Shares Outstanding 135.2M shares 135.9M shares 141.7M shares
Diluted Shares Outstanding 135.9M shares 136.3M shares 142.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.294B $3.343B $2.866B
YoY Change 48.58% 16.63% 1.99%
Cash & Equivalents $1.848B $1.665B $1.571B
Short-Term Investments $2.446B $1.678B $1.295B
Other Short-Term Assets $436.9M $523.2M $447.9M
YoY Change -0.41% 16.81% 34.42%
Inventory $3.007B $3.039B $2.535B
Prepaid Expenses $115.4M $125.6M $130.6M
Receivables $1.713B $1.844B $2.283B
Other Receivables $76.90M $53.27M $0.00
Total Short-Term Assets $9.528B $8.749B $8.133B
YoY Change 18.82% 7.58% 21.36%
LONG-TERM ASSETS
Property, Plant & Equipment $1.347B $1.089B $964.8M
YoY Change 36.9% 12.85% 34.53%
Goodwill $2.016B $2.086B $2.279B
YoY Change -11.55% -8.45% 11.55%
Intangibles $727.6M $786.2M $1.065B
YoY Change -27.24% -26.18% -3.61%
Long-Term Investments
YoY Change
Other Assets $1.338B $668.4M $522.7M
YoY Change 116.61% 27.86% 15.92%
Total Long-Term Assets $5.429B $5.532B $5.596B
YoY Change -4.16% -1.16% 12.41%
TOTAL ASSETS
Total Short-Term Assets $9.528B $8.749B $8.133B
Total Long-Term Assets $5.429B $5.532B $5.596B
Total Assets $14.96B $14.28B $13.73B
YoY Change 9.31% 4.02% 17.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $354.7M $376.7M $530.4M
YoY Change -13.67% -28.98% 39.63%
Accrued Expenses $1.270B $1.342B $1.190B
YoY Change 4.08% 12.74% 15.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $749.8M $0.00
YoY Change -100.0%
Long-Term Debt Due $749.9M $749.8M
YoY Change
Total Short-Term Liabilities $4.459B $4.571B $3.483B
YoY Change 30.42% 31.26% 25.45%
LONG-TERM LIABILITIES
Long-Term Debt $5.879B $5.143B $6.114B
YoY Change -0.18% -15.88% 78.55%
Other Long-Term Liabilities $1.045B $807.2M $807.5M
YoY Change 4.25% -0.03% 24.07%
Total Long-Term Liabilities $6.924B $807.2M $807.5M
YoY Change 590.99% -0.03% 24.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.459B $4.571B $3.483B
Total Long-Term Liabilities $6.924B $807.2M $807.5M
Total Liabilities $11.86B $11.24B $11.13B
YoY Change 7.83% 1.0% 45.75%
SHAREHOLDERS EQUITY
Retained Earnings $958.9M $921.5M $670.0M
YoY Change 32.94% 37.53% -65.53%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.095B $3.044B $2.603B
YoY Change
Total Liabilities & Shareholders Equity $14.96B $14.28B $13.73B
YoY Change 9.31% 4.02% 17.54%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2022 Q4
OPERATING ACTIVITIES
Net Income $601.5M $582.5M $978.8M
YoY Change -13.8% -40.48% 36.43%
Depreciation, Depletion And Amortization $99.26M $99.07M $103.5M
YoY Change -5.33% -4.29% 21.0%
Cash From Operating Activities $910.0M $622.3M $688.3M
YoY Change -9.98% -9.59% -15.11%
INVESTING ACTIVITIES
Capital Expenditures $71.79M $76.85M -$93.64M
YoY Change -15.45% -182.06% 44.28%
Acquisitions
YoY Change
Other Investing Activities -$786.3M -$11.70M -$147.8M
YoY Change 2678.97% -92.08% 257.23%
Cash From Investing Activities -$858.0M -$88.45M -$241.4M
YoY Change 657.94% -63.36% 127.17%
FINANCING ACTIVITIES
Cash Dividend Paid $197.2M $196.9M $184.2M
YoY Change 9.01% 6.89%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 138.9M -590.9M -710.5M
YoY Change -115.39% -16.84% 27.37%
NET CHANGE
Cash From Operating Activities 910.0M 622.3M 688.3M
Cash From Investing Activities -858.0M -88.45M -241.4M
Cash From Financing Activities 138.9M -590.9M -710.5M
Net Change In Cash 190.9M -57.05M -263.6M
YoY Change -3862.19% -78.36% -279.72%
FREE CASH FLOW
Cash From Operating Activities $910.0M $622.3M $688.3M
Capital Expenditures $71.79M $76.85M -$93.64M
Free Cash Flow $838.2M $545.4M $781.9M
YoY Change -9.48% -30.25% -10.71%

Facts In Submission

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<div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Management Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of the Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions in applying our accounting policies that affect the reported amounts of assets and liabilities (and related disclosure of contingent assets and liabilities) at the dates of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
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RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q4 us-gaap Cash
Cash
430100000 usd
CY2023Q4 klac Time Deposit Fair Value
TimeDepositFairValue
457200000 usd
CY2023Q4 klac Time Deposits Cash Equivalents Fair Value
TimeDepositsCashEquivalentsFairValue
233100000 usd
CY2023Q2 us-gaap Cash
Cash
298600000 usd
CY2023Q2 klac Time Deposit Fair Value
TimeDepositFairValue
471400000 usd
CY2023Q2 klac Time Deposits Cash Equivalents Fair Value
TimeDepositsCashEquivalentsFairValue
356700000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1879295000 usd
CY2023Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1786993000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
35417000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
33632000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1843878000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1753361000 usd
CY2023Q4 klac Other Inventories Spare Parts Net Of Reserves
OtherInventoriesSparePartsNetOfReserves
586232000 usd
CY2023Q2 klac Other Inventories Spare Parts Net Of Reserves
OtherInventoriesSparePartsNetOfReserves
524096000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1560293000 usd
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1559202000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
621406000 usd
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
578864000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
270697000 usd
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
214622000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
3038628000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
2876784000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
166385000 usd
CY2023Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
133067000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
125638000 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
121204000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
100944000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
117137000 usd
CY2023Q4 us-gaap Prepaid Taxes
PrepaidTaxes
53269000 usd
CY2023Q2 us-gaap Prepaid Taxes
PrepaidTaxes
64901000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
76985000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
62419000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
523221000 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
498728000 usd
CY2023Q4 us-gaap Land
Land
78261000 usd
CY2023Q2 us-gaap Land
Land
72287000 usd
CY2023Q4 klac Buildings And Leasehold Improvements Gross
BuildingsAndLeaseholdImprovementsGross
872520000 usd
CY2023Q2 klac Buildings And Leasehold Improvements Gross
BuildingsAndLeaseholdImprovementsGross
825975000 usd
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1076052000 usd
CY2023Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1016713000 usd
CY2023Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
61092000 usd
CY2023Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
58036000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
201446000 usd
CY2023Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
168817000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2289371000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2141828000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1200547000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1109987000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1088824000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1031841000 usd
CY2023Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
272709000 usd
CY2023Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
256846000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
235101000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
208706000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
160546000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
171910000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
668356000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
637462000 usd
CY2023Q4 klac Contract With Customer Deposits Current
ContractWithCustomerDepositsCurrent
607998000 usd
CY2023Q2 klac Contract With Customer Deposits Current
ContractWithCustomerDepositsCurrent
769000000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
517076000 usd
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
370536000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
402906000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
383407000 usd
CY2023Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
273937000 usd
CY2023Q2 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
258223000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
164101000 usd
CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
383012000 usd
CY2023Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
112757000 usd
CY2023Q2 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
105270000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
35439000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
34042000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2114214000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2303490000 usd
CY2023Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
274747000 usd
CY2023Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
322113000 usd
CY2023Q4 klac Contract With Customer Deposits Noncurrent
ContractWithCustomerDepositsNoncurrent
173279000 usd
CY2023Q2 klac Contract With Customer Deposits Noncurrent
ContractWithCustomerDepositsNoncurrent
156874000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
156040000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
138354000 usd
CY2023Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
62124000 usd
CY2023Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
63672000 usd
CY2023Q4 klac Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
140983000 usd
CY2023Q2 klac Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
132045000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
807173000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
813058000 usd
CY2023Q4 klac Money Market Funds And Other
MoneyMarketFundsAndOther
959851000 usd
CY2023Q4 klac Money Market Funds And Other
MoneyMarketFundsAndOther
959851000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
3211000 usd
CY2023Q4 klac Equity Securities Fvni Accumulated Gross Unrealized Gain
EquitySecuritiesFVNIAccumulatedGrossUnrealizedGain
11806000 usd
CY2023Q4 klac Equity Securities Fvni Accumulated Gross Unrealized Loss
EquitySecuritiesFVNIAccumulatedGrossUnrealizedLoss
0 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
15017000 usd
CY2023Q4 klac Marketable Securities Excluding Time Deposits Amortized Cost
MarketableSecuritiesExcludingTimeDepositsAmortizedCost
2444134000 usd
CY2023Q4 klac Marketable Securities Excluding Time Deposit Gross Unrealized Gains
MarketableSecuritiesExcludingTimeDepositGrossUnrealizedGains
17007000 usd
CY2023Q4 klac Marketable Securities Excluding Time Deposits Gross Unrealized Losses
MarketableSecuritiesExcludingTimeDepositsGrossUnrealizedLosses
5409000 usd
CY2023Q4 klac Marketable Securities Excluding Time Deposits Fair Value
MarketableSecuritiesExcludingTimeDepositsFairValue
2455732000 usd
CY2023Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
457188000 usd
CY2023Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
457188000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1234975000 usd
CY2023Q4 klac Cash Equivalents Gross Unrealized Gains
CashEquivalentsGrossUnrealizedGains
5000 usd
CY2023Q4 klac Cash Equivalents Gross Unrealized Losses
CashEquivalentsGrossUnrealizedLosses
0 usd
CY2023Q4 klac Cash Equivalents Fair Value Disclosure
CashEquivalentsFairValueDisclosure
1234980000 usd
CY2023Q4 klac Debt Securities Available For Sale And Equity Securities Amortized Cost
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAmortizedCost
1666347000 usd
CY2023Q4 klac Debt Securities Available For Sale And Equity Securities Accumulated Gross Unrealized Gain
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAccumulatedGrossUnrealizedGain
17002000 usd
CY2023Q4 klac Debt Securities Available For Sale And Equity Securities Accumulated Gross Unrealized Loss
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAccumulatedGrossUnrealizedLoss
5409000 usd
CY2023Q4 klac Debt Securities Available For Sale And Equity Securities Fair Value
DebtSecuritiesAvailableForSaleAndEquitySecuritiesFairValue
1677940000 usd
CY2023Q2 klac Money Market Funds And Other
MoneyMarketFundsAndOther
1257223000 usd
CY2023Q2 klac Money Market Funds And Other
MoneyMarketFundsAndOther
1257223000 usd
CY2023Q2 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
3211000 usd
CY2023Q2 klac Equity Securities Fvni Accumulated Gross Unrealized Gain
EquitySecuritiesFVNIAccumulatedGrossUnrealizedGain
14948000 usd
CY2023Q2 klac Equity Securities Fvni Accumulated Gross Unrealized Loss
EquitySecuritiesFVNIAccumulatedGrossUnrealizedLoss
0 usd
CY2023Q2 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
18159000 usd
CY2023Q2 klac Marketable Securities Excluding Time Deposits Amortized Cost
MarketableSecuritiesExcludingTimeDepositsAmortizedCost
2474443000 usd
CY2023Q2 klac Marketable Securities Excluding Time Deposit Gross Unrealized Gains
MarketableSecuritiesExcludingTimeDepositGrossUnrealizedGains
15014000 usd
CY2023Q2 klac Marketable Securities Excluding Time Deposits Gross Unrealized Losses
MarketableSecuritiesExcludingTimeDepositsGrossUnrealizedLosses
16350000 usd
CY2023Q2 klac Marketable Securities Excluding Time Deposits Fair Value
MarketableSecuritiesExcludingTimeDepositsFairValue
2473107000 usd
CY2023Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
471439000 usd
CY2023Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
471439000 usd
CY2023Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1629248000 usd
CY2023Q2 klac Cash Equivalents Gross Unrealized Gains
CashEquivalentsGrossUnrealizedGains
4000 usd
CY2023Q2 klac Cash Equivalents Gross Unrealized Losses
CashEquivalentsGrossUnrealizedLosses
0 usd
CY2023Q2 klac Cash Equivalents Fair Value Disclosure
CashEquivalentsFairValueDisclosure
1629252000 usd
CY2023Q2 klac Debt Securities Available For Sale And Equity Securities Amortized Cost
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAmortizedCost
1316634000 usd
CY2023Q2 klac Debt Securities Available For Sale And Equity Securities Accumulated Gross Unrealized Gain
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAccumulatedGrossUnrealizedGain
15010000 usd
CY2023Q2 klac Debt Securities Available For Sale And Equity Securities Accumulated Gross Unrealized Loss
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAccumulatedGrossUnrealizedLoss
16350000 usd
CY2023Q2 klac Debt Securities Available For Sale And Equity Securities Fair Value
DebtSecuritiesAvailableForSaleAndEquitySecuritiesFairValue
1315294000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
306 investment
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
321044000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
933000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
319954000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
4476000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
640998000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
5409000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
688793000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
7017000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
398397000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
9333000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1087190000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
16350000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
833891000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
843309000 usd
CY2023Q4 klac Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After One Through Three Years Amortized Cost
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughThreeYearsAmortizedCost
832456000 usd
CY2023Q4 klac Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After One Through Three Years Fair Value
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughThreeYearsFairValue
834631000 usd
CY2023Q4 klac Debt Securities Available For Sale And Equity Securities Amortized Cost
DebtSecuritiesAvailableForSaleAndEquitySecuritiesAmortizedCost
1666347000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1677940000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2500000 usd
CY2023Q2 us-gaap Goodwill Gross
GoodwillGross
2813039000 usd
CY2023Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
534219000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
2278820000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
192600000 usd
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
0 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-16000 usd
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
2813023000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
726819000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2086204000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2113060000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1356935000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
756125000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2097812000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1207865000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
889947000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2159134000 usd
CY2023Q4 klac Intangible Assets Accumulated Amortization And Other Accumulated Adjustment
IntangibleAssetsAccumulatedAmortizationAndOtherAccumulatedAdjustment
1372901000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
786233000 usd
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2159134000 usd
CY2023Q2 klac Intangible Assets Accumulated Amortization And Other Accumulated Adjustment
IntangibleAssetsAccumulatedAmortizationAndOtherAccumulatedAdjustment
1223831000 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
935303000 usd
CY2023Q4 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
26400000 usd
CY2023Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
219000000.0 usd
CY2023Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
59366000 usd
CY2022Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
65605000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122670000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
130830000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
113610000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
214968000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
199055000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
130794000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
49027000 usd
CY2023Q4 klac Finite Lived Intangible Asset Expected Amortization Year Five And Thereafter
FiniteLivedIntangibleAssetExpectedAmortizationYearFiveAndThereafter
48671000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
756125000 usd
CY2023Q4 klac Debt Long Term And Short Term Combined Amount Gross
DebtLongTermAndShortTermCombinedAmountGross
5950000000 usd
CY2023Q2 klac Debt Long Term And Short Term Combined Amount Gross
DebtLongTermAndShortTermCombinedAmountGross
5950000000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
17268000 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
17848000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
40006000 usd
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
41416000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5892726000 usd
CY2023Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5890736000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
749842000 usd
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
0 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
5142884000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
5890736000 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5892726000 usd
CY2023Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5890736000 usd
CY2023Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
12900000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
25200000 usd
CY2022Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
9600000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
19100000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0398
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0336
us-gaap Operating Lease Payments
OperatingLeasePayments
20504000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
19363000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
38513000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18760000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
20308000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2023Q4 us-gaap Net Income Loss
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023Q4 klac Receivables Sold Under Factoring Agreements
ReceivablesSoldUnderFactoringAgreements
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CY2022Q4 klac Receivables Sold Under Factoring Agreements
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klac Receivables Sold Under Factoring Agreements
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klac Receivables Sold Under Factoring Agreements
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CY2023Q4 us-gaap Proceeds From Lines Of Credit
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CY2022Q4 us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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klac Outstanding Inventory Purchase Commitment
OutstandingInventoryPurchaseCommitment
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CY2023Q4 klac Long Term Incentive Plan Committed Amount
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CY2023Q4 klac Guarantee Arrangements To Fund Guarantees To Customs Authorities Amount
GuaranteeArrangementsToFundGuaranteesToCustomsAuthoritiesAmount
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CY2023Q4 klac Guarantee Arrangements To Fund Guarantees To Customs Authorities Amount Issued
GuaranteeArrangementsToFundGuaranteesToCustomsAuthoritiesAmountIssued
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klac Cost Of Revenue And Operating Expense
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CY2023Q2 us-gaap Derivative Remaining Maturity1
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CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
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CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
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CY2023Q4 us-gaap Derivative Assets
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CY2023Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
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CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
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CY2023Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
17837000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
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CY2023Q4 us-gaap Derivative Liability Fair Value Gross Asset
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CY2023Q4 us-gaap Derivative Liabilities
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CY2023Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
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CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Cash
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CY2023Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
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CY2023Q2 us-gaap Derivative Asset Not Offset Policy Election Deduction
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DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
26744000 usd
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CY2023Q2 us-gaap Derivative Liabilities
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CY2023Q2 us-gaap Derivative Liability Not Offset Policy Election Deduction
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8968000 usd
CY2023Q2 us-gaap Derivative Collateral Right To Reclaim Cash
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CY2023Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
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3138000 usd
CY2023Q4 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
279000 usd
CY2022Q4 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
3035000 usd
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
2100000 usd
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
3280000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Reportable Segments
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CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2486726000 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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4883682000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5708311000 usd
CY2023Q4 klac Acquisition Related Charges Corporate Allocations And Effects Of Foreign Exchange Rates
AcquisitionRelatedChargesCorporateAllocationsAndEffectsOfForeignExchangeRates
46802000 usd
CY2022Q4 klac Acquisition Related Charges Corporate Allocations And Effects Of Foreign Exchange Rates
AcquisitionRelatedChargesCorporateAllocationsAndEffectsOfForeignExchangeRates
40840000 usd
klac Acquisition Related Charges Corporate Allocations And Effects Of Foreign Exchange Rates
AcquisitionRelatedChargesCorporateAllocationsAndEffectsOfForeignExchangeRates
92387000 usd
klac Acquisition Related Charges Corporate Allocations And Effects Of Foreign Exchange Rates
AcquisitionRelatedChargesCorporateAllocationsAndEffectsOfForeignExchangeRates
87338000 usd
CY2023Q4 us-gaap Research And Development Expense
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320418000 usd
CY2022Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
332826000 usd
us-gaap Research And Development Expense
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631632000 usd
us-gaap Research And Development Expense
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651341000 usd
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
237244000 usd
CY2022Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
243096000 usd
us-gaap Selling General And Administrative Expense
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476889000 usd
us-gaap Selling General And Administrative Expense
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CY2023Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
219000000 usd
CY2022Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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us-gaap Asset Impairment Charges
AssetImpairmentCharges
219000000 usd
us-gaap Asset Impairment Charges
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CY2023Q4 us-gaap Interest Expense
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74202000 usd
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us-gaap Interest Expense
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148436000 usd
us-gaap Interest Expense
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148675000 usd
CY2023Q4 us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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CY2023Q4 us-gaap Other Nonoperating Income Expense
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32154000 usd
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18074000 usd
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CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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691270000 usd
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1542981000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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2213001000 usd
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q4 us-gaap Noncurrent Assets
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1088824000 usd
CY2023Q2 us-gaap Noncurrent Assets
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1031841000 usd
CY2023Q4 us-gaap Restructuring Charges
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1300000 usd
CY2022Q4 us-gaap Restructuring Charges
RestructuringCharges
600000 usd
us-gaap Restructuring Charges
RestructuringCharges
1900000 usd
us-gaap Restructuring Charges
RestructuringCharges
16800000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
3200000 usd
CY2023Q2 us-gaap Restructuring Reserve
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CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
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klac-20231231_lab.xml Edgar Link unprocessable
klac-20231231_cal.xml Edgar Link unprocessable
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0000319201-24-000006.txt Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
klac-20231231.htm Edgar Link pending
klac-20231231.xsd Edgar Link pending
klac10-qex102123123.htm Edgar Link pending
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