Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

KLA Corp., adjusted current assets

US$ in thousands

	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Current assets	8,372,032)	7,168,911)	5,696,248)	4,723,545)	4,315,075)	4,549,000)
Adjustments
Add: Allowance for credit losses	33,632)	20,631)	18,036)	11,822)	12,001)	11,639)
After Adjustment
Adjusted current assets	8,405,664)	7,189,542)	5,714,284)	4,735,367)	4,327,076)	4,560,639)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

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KLA Corp., adjusted total assets

US$ in thousands

	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Total assets	14,072,357)	12,597,088)	10,271,124)	9,279,960)	9,008,516)	5,619,356)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	91,184)	23,462)
Add: Allowance for credit losses	33,632)	20,631)	18,036)	11,822)	12,001)	11,639)
Less: Deferred tax assets²	816,899)	579,173)	270,461)	236,797)	206,141)	193,200)
After Adjustment
Adjusted total assets	13,289,090)	12,038,546)	10,018,699)	9,054,985)	8,905,560)	5,461,257)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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KLA Corp., adjusted current liabilities

US$ in thousands

	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Current liabilities	3,742,842)	2,871,083)	2,103,227)	1,699,786)	1,768,486)	1,218,083)
Adjustments
Less: Current deferred system and service revenue	1,068,326)	882,706)	580,128)	569,730)	489,017)	348,836)
After Adjustment
Adjusted current liabilities	2,674,516)	1,988,377)	1,523,099)	1,130,056)	1,279,469)	869,247)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

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KLA Corp., adjusted total liabilities

US$ in thousands

	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Total liabilities	11,152,604)	11,197,998)	6,895,482)	6,598,950)	6,330,823)	3,998,845)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	91,184)	23,462)
Less: Deferred tax liabilities²	529,287)	658,937)	650,623)	660,885)	702,285)	1,197)
Less: Deferred system and service revenue	1,245,007)	1,007,324)	667,703)	666,055)	587,789)	420,833)
After Adjustment
Adjusted total liabilities	9,378,310)	9,531,737)	5,577,156)	5,272,010)	5,131,933)	3,600,277)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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KLA Corp., adjusted total KLA stockholders’ equity

US$ in thousands

	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Total KLA stockholders’ equity	2,919,753)	1,401,351)	3,377,554)	2,665,424)	2,659,108)	1,620,511)
Adjustments
Less: Net deferred tax assets (liabilities)¹	287,654)	(79,764)	(380,162)	(424,231)	(496,336)	192,003)
Add: Allowance for credit losses	33,632)	20,631)	18,036)	11,822)	12,001)	11,639)
Add: Deferred system and service revenue	1,245,007)	1,007,324)	667,703)	666,055)	587,789)	420,833)
Add: Non-controlling interest in consolidated subsidiaries	—)	(2,261)	(1,912)	15,586)	18,585)	—)
After Adjustment
Adjusted total stockholders’ equity	3,910,738)	2,506,809)	4,441,543)	3,783,118)	3,773,819)	1,860,980)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

¹ Net deferred tax assets (liabilities). See details »

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KLA Corp., adjusted capitalization table

US$ in thousands

	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Short-term debt	—)	—)	20,000)	—)	—)	—)
Current portion of long-term debt	—)	—)	—)	—)	249,999)	—)
Long-term debt, excluding current portion	5,890,736)	6,660,718)	3,422,767)	3,469,670)	3,173,383)	2,237,402)
Total reported debt	5,890,736)	6,660,718)	3,442,767)	3,469,670)	3,423,382)	2,237,402)
Total KLA stockholders’ equity	2,919,753)	1,401,351)	3,377,554)	2,665,424)	2,659,108)	1,620,511)
Total reported capital	8,810,489)	8,062,069)	6,820,321)	6,135,094)	6,082,490)	3,857,913)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	91,184)	23,462)
Add: Current operating lease liabilities²	34,042)	32,218)	32,322)	28,994)	—)	—)
Add: Non-current operating lease liabilities³	138,354)	81,369)	70,739)	70,885)	—)	—)
Adjusted total debt	6,063,132)	6,774,305)	3,545,828)	3,569,549)	3,514,566)	2,260,864)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	287,654)	(79,764)	(380,162)	(424,231)	(496,336)	192,003)
Add: Allowance for credit losses	33,632)	20,631)	18,036)	11,822)	12,001)	11,639)
Add: Deferred system and service revenue	1,245,007)	1,007,324)	667,703)	666,055)	587,789)	420,833)
Add: Non-controlling interest in consolidated subsidiaries	—)	(2,261)	(1,912)	15,586)	18,585)	—)
Adjusted total stockholders’ equity	3,910,738)	2,506,809)	4,441,543)	3,783,118)	3,773,819)	1,860,980)
After Adjustment
Adjusted total capital	9,973,870)	9,281,114)	7,987,371)	7,352,667)	7,288,385)	4,121,844)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities. See details »

³ Non-current operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

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KLA Corp., adjusted revenues

US$ in thousands

12 months ended:	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Revenues	10,496,056)	9,211,883)	6,918,734)	5,806,424)	4,568,904)	4,036,701)
Adjustment
Add: Increase (decrease) in deferred system and service revenue	237,683)	339,621)	1,648)	78,266)	166,956)	114,752)
After Adjustment
Adjusted revenues	10,733,739)	9,551,504)	6,920,382)	5,884,690)	4,735,860)	4,151,453)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

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KLA Corp., adjusted net income attributable to KLA

US$ in thousands

12 months ended:	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018
As Reported
Net income attributable to KLA	3,387,277)	3,321,807)	2,078,292)	1,216,785)	1,175,617)	802,265)
Adjustments
Add: Deferred income tax expense (benefit)¹	(355,153)	(353,780)	(45,622)	(93,342)	(26,185)	101,072)
Add: Increase (decrease) in allowance for credit losses	13,001)	2,595)	6,214)	(179)	362)	(9,997)
Add: Increase (decrease) in deferred system and service revenue	237,683)	339,621)	1,648)	78,266)	166,956)	114,752)
Add: Other comprehensive income (loss)	(8,870)	48,086)	4,217)	(6,745)	(8,251)	(2,610)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	74)	253)	(939)	(1,760)	(600)	—)
After Adjustment
Adjusted net income	3,274,012)	3,358,582)	2,043,810)	1,193,025)	1,307,899)	1,005,482)

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

¹ Deferred income tax expense (benefit). See details »

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KLA Corp. (NASDAQ:KLAC)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income