KLAC · 10-K · 2026A · Full report

Headcount / Restructuring

KLA CORP · 2026-08-06 · Importance 53 · Surprise 82 · Matches filing data

Restructuring charges decreased to $1.2 million in fiscal 2026 from $7.7 million in fiscal 2025, an approximately 84% reduction.,Fiscal 2026 charges primarily consisted of severance and related costs associated with restructuring the former PCB and Display operating segment and write-downs of abandoned right-of-use and fixed assets.,The prior-year restructuring activity was associated with the former PCB and Display operating segment, including facility and asset abandonment costs.

Key facts

• Restructuring charges were $1.2 million for the year ended June 30, 2026 and $7.7 million for the year ended June 30, 2025. source
• Impairment charge in PCB and Component Inspection reportable segment in fiscal 2025: $230.4 million pre-reorganization (and elsewhere described as $239.1 million total goodwill and purchased intangible assets impairment). source
• If fair value of the PCB reporting unit was calculated to be 10% lower during prior quantitative assessment, we would have incurred an additional approximately $50 million impairment charge. source
• We recorded a $239.1 million goodwill and purchased intangible assets impairment charge in the PCB and Component Inspection reportable segment during the second quarter of fiscal 2025 (also referenced earlier as $230.4 million pre-reorganization). source
• During second quarter of fiscal 2025 we recorded purchased intangible assets impairment losses of $8.7 million. source
• We performed annual goodwill impairment testing as of December 31, 2025 and concluded goodwill was not impaired; qualitative assessment made so quantitative assessment not necessary. source

Impact estimates