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10-Q Filing

KLA CORP CIK: 319201 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000319201-17-000045
Period End Date 20170930
Filing Date 20171027
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance klac-20170930.xml
Filing Contents
Balance Sheet 58 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.32B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $966.33M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.11B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.15B USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $1.86B USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $1.74B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $571.12M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $666.74M USD Point-in-time
Inventories InventoryNet $762.40M USD Point-in-time
Inventories InventoryNet $732.99M USD Point-in-time
Other current assets OtherAssetsCurrent $71.22M USD Point-in-time
Other current assets OtherAssetsCurrent $73.87M USD Point-in-time
Total current assets AssetsCurrent $4.39B USD Point-in-time
Total current assets AssetsCurrent $4.56B USD Point-in-time
Land, property and equipment, net PropertyPlantAndEquipmentNet $283.98M USD Point-in-time
Land, property and equipment, net PropertyPlantAndEquipmentNet $279.87M USD Point-in-time
Goodwill Goodwill $349.53M USD Point-in-time
Goodwill Goodwill $349.68M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $282.30M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $291.97M USD Point-in-time
Purchased intangibles, net IntangibleAssetsNetExcludingGoodwill $17.76M USD Point-in-time
Purchased intangibles, net IntangibleAssetsNetExcludingGoodwill $18.96M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $201.29M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $195.68M USD Point-in-time
Total assets Assets $5.69B USD Point-in-time
Total assets Assets $5.53B USD Point-in-time
Accounts payable AccountsPayableCurrent $138.66M USD Point-in-time
Accounts payable AccountsPayableCurrent $147.38M USD Point-in-time
Deferred system profit DeferredSystemProfit $180.86M USD Point-in-time
Deferred system profit DeferredSystemProfit $209.27M USD Point-in-time
Unearned revenue DeferredRevenueAndCreditsCurrent $61.48M USD Point-in-time
Unearned revenue DeferredRevenueAndCreditsCurrent $65.51M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $250.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $249.98M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $806.64M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $649.43M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.29B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.47B USD Point-in-time
Long-term debt UnsecuredLongTermDebt $2.52B USD Point-in-time
Long-term debt UnsecuredLongTermDebt $2.68B USD Point-in-time
Unearned revenue DeferredRevenueAndCreditsNoncurrent $59.71M USD Point-in-time
Unearned revenue DeferredRevenueAndCreditsNoncurrent $60.46M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $172.41M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $175.10M USD Point-in-time
Total liabilities Liabilities $4.23B USD Point-in-time
Total liabilities Liabilities $4.21B USD Point-in-time
Commitments and contingencies (Note 12 and Note 13) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 12 and Note 13) CommitmentsAndContingencies - USD Point-in-time
Common stock and capital in excess of par value CommonStocksIncludingAdditionalPaidInCapital $518.22M USD Point-in-time
Common stock and capital in excess of par value CommonStocksIncludingAdditionalPaidInCapital $529.28M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $848.46M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $996.51M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-51.32M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-50.78M USD Point-in-time
Total stockholders equity StockholdersEquity $1.46B USD Point-in-time
Total stockholders equity StockholdersEquity $1.33B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $5.69B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $5.53B USD Point-in-time
Income Statement 32 line items
Line Item Tag Value Unit Period
Product SalesRevenueGoodsNet $561.75M USD 1 Quarter
Product SalesRevenueGoodsNet $760.79M USD 1 Quarter
Service SalesRevenueServicesNet $188.92M USD 1 Quarter
Service SalesRevenueServicesNet $208.79M USD 1 Quarter
Total revenues SalesRevenueNet $969.58M USD 1 Quarter
Total revenues SalesRevenueNet $750.67M USD 1 Quarter
Costs of revenues CostOfRevenue $277.84M USD 1 Quarter
Costs of revenues CostOfRevenue $353.45M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $129.23M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $146.73M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $107.71M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $94.39M USD 1 Quarter
Interest expense InterestExpense $30.73M USD 1 Quarter
Interest expense InterestExpense $30.58M USD 1 Quarter
Other expense (income), net InterestAndOtherIncome $5.04M USD 1 Quarter
Other expense (income), net InterestAndOtherIncome $3.74M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $336.15M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $222.22M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $55.22M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $44.12M USD 1 Quarter
Net income NetIncomeLoss $280.94M USD 1 Quarter
Net income NetIncomeLoss $178.10M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.79 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.14 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.13 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.78 USD 1 Quarter
Cash dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.52 USD 1 Quarter
Cash dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.59 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 156.13M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 156.83M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 157.85M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 157.02M shares 1 Quarter
Cash Flow Statement 76 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $280.94M USD 1 Quarter
Net income NetIncomeLoss $178.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $14.42M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $15.28M USD 1 Quarter
Asset impairment charges CostmethodInvestmentsOtherThanTemporaryImpairment $358.00K USD 1 Quarter
Asset impairment charges CostmethodInvestmentsOtherThanTemporaryImpairment $1.00M USD 1 Quarter
Non-cash stock-based compensation expense ShareBasedCompensation $11.48M USD 1 Quarter
Non-cash stock-based compensation expense ShareBasedCompensation $14.03M USD 1 Quarter
Net gain on sales of marketable securities and other investments MarketableSecuritiesGainLoss $20.00K USD 1 Quarter
Net gain on sales of marketable securities and other investments MarketableSecuritiesGainLoss $204.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $95.62M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $38.24M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $20.19M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-1.19M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-19.48M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $2.23M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-8.88M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-1.55M USD 1 Quarter
Deferred system profit IncreaseDecreaseInDeferredSystemProfit $11.09M USD 1 Quarter
Deferred system profit IncreaseDecreaseInDeferredSystemProfit $28.41M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $160.92M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-26.34M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $373.63M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $169.78M USD 1 Quarter
Acquisition of non-marketable securities PaymentsToAcquireInvestments - USD 1 Quarter
Acquisition of non-marketable securities PaymentsToAcquireInvestments $1.47M USD 1 Quarter
Business acquisition PaymentsToAcquireBusinessesNetOfCashAcquired $710.00K USD 1 Quarter
Business acquisition PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Capital expenditures, net PaymentsToAcquirePropertyPlantAndEquipment $9.88M USD 1 Quarter
Capital expenditures, net PaymentsToAcquirePropertyPlantAndEquipment $15.76M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $457.51M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $191.74M USD 1 Quarter
Proceeds from sale of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $50.09M USD 1 Quarter
Proceeds from sale of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $111.11M USD 1 Quarter
Proceeds from maturity of available-for-sale securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $268.67M USD 1 Quarter
Proceeds from maturity of available-for-sale securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $197.10M USD 1 Quarter
Purchases of trading securities PaymentsToAcquireOtherInvestments $11.88M USD 1 Quarter
Purchases of trading securities PaymentsToAcquireOtherInvestments $52.47M USD 1 Quarter
Proceeds from sale of trading securities ProceedsFromSaleAndMaturityOfMarketableSecurities $14.32M USD 1 Quarter
Proceeds from sale of trading securities ProceedsFromSaleAndMaturityOfMarketableSecurities $45.30M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $112.99M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-167.82M USD 1 Quarter
Repayment of debt RepaymentsOfLongTermDebt $156.25M USD 1 Quarter
Repayment of debt RepaymentsOfLongTermDebt $40.00M USD 1 Quarter
Tax withholding payments related to vested and released restricted stock units PaymentsRelatedToTaxWithholdingForShareBasedCompensation $23.63M USD 1 Quarter
Tax withholding payments related to vested and released restricted stock units PaymentsRelatedToTaxWithholdingForShareBasedCompensation $17.38M USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $39.93M USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Payment of dividends to stockholders PaymentsOfDividends $89.31M USD 1 Quarter
Payment of dividends to stockholders PaymentsOfDividends $100.33M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-320.13M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-146.69M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.16M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $2.57M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-142.16M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $167.65M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.32B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $966.33M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.11B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.15B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.32B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $966.33M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.11B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.15B USD Point-in-time
Income taxes paid, net IncomeTaxesPaidNet $39.41M USD 1 Quarter
Income taxes paid, net IncomeTaxesPaidNet $23.86M USD 1 Quarter
Interest paid InterestPaidNet $3.24M USD 1 Quarter
Interest paid InterestPaidNet $3.00M USD 1 Quarter
Purchase of land, property and equipment, net - investing activities NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $1.97M USD 1 Quarter
Purchase of land, property and equipment, net - investing activities NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $4.73M USD 1 Quarter
Business acquisition holdback amounts - investing activities NoncashOrPartNoncashAcquisitionHoldbackConsiderationPayable $4.78M USD 1 Quarter
Business acquisition holdback amounts - investing activities NoncashOrPartNoncashAcquisitionHoldbackConsiderationPayable - USD 1 Quarter
Unsettled common stock repurchase - financing activities StockRepurchaseProgramUnsettledCommonStockRepurchase $848.00K USD 1 Quarter
Unsettled common stock repurchase - financing activities StockRepurchaseProgramUnsettledCommonStockRepurchase - USD 1 Quarter
Dividends payable - financing activities DividendsPayableCurrentAndNoncurrent $12.04M USD Point-in-time
Dividends payable - financing activities DividendsPayableCurrentAndNoncurrent $7.01M USD Point-in-time
Comprehensive Income 30 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $280.94M USD 1 Quarter
Net income NetIncomeLoss $178.10M USD 1 Quarter
Change in currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent $3.92M USD 1 Quarter
Change in currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent $1.56M USD 1 Quarter
Change in income tax benefit or expense OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent $-782.00K USD 1 Quarter
Change in income tax benefit or expense OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent $503.00K USD 1 Quarter
Net change related to currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $1.05M USD 1 Quarter
Net change related to currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $4.71M USD 1 Quarter
Change in net unrealized gains or losses OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-1.84M USD 1 Quarter
Change in net unrealized gains or losses OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $444.00K USD 1 Quarter
Reclassification adjustments for net gains or losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax $-1.38M USD 1 Quarter
Reclassification adjustments for net gains or losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax $2.12M USD 1 Quarter
Change in income tax benefit or expense OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent $-598.00K USD 1 Quarter
Change in income tax benefit or expense OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent $-165.00K USD 1 Quarter
Net change related to cash flow hedges OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-1.08M USD 1 Quarter
Net change related to cash flow hedges OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-294.00K USD 1 Quarter
Net change related to unrecognized losses and transition obligations in connection with defined benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $34.00K USD 1 Quarter
Net change related to unrecognized losses and transition obligations in connection with defined benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-245.00K USD 1 Quarter
Change in net unrealized gains or losses OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $667.00K USD 1 Quarter
Change in net unrealized gains or losses OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.88M USD 1 Quarter
Reclassification adjustments for net gains or losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $6.00K USD 1 Quarter
Reclassification adjustments for net gains or losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $204.00K USD 1 Quarter
Change in income tax benefit or expense OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $64.00K USD 1 Quarter
Change in income tax benefit or expense OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-476.00K USD 1 Quarter
Net change related to available-for-sale securities OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $597.00K USD 1 Quarter
Net change related to available-for-sale securities OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-2.60M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $542.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.05M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $281.48M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $180.15M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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