Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

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Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a) The following documents are filed as part of this Annual Report on Form 10-K:

  1. Financial Statements:

The following financial statements and schedules of the Registrant are contained in Item 8, “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K:

Consolidated Balance Sheets as of June 30, 2020 and June 30, 201961
Consolidated Statements of Operations for each of the three years in the period ended June 30, 202062
Consolidated Statements of Comprehensive Income for each of the three years in the period ended June 30, 202063
Consolidated Statements of Stockholders’ Equity for each of the three years in the period ended June 30, 202064
Consolidated Statements of Cash Flows for each of the three years in the period ended June 30, 202065
Notes to Consolidated Financial Statements67
Report of Independent Registered Public Accounting Firm114
  1. Financial Statement Schedule:

The following financial statement schedule of the Registrant is filed as part of this Annual Report on Form 10-K and should be read in conjunction with the financial statements:

Schedule II—Valuation and Qualifying Accounts for the years ended June 30, 2020, 2019 and 2018122

All other schedules are omitted because they are either not applicable or the required information is shown in the Consolidated Financial Statements or notes thereto.

  1. Exhibits

The information required by this Item is set forth in the Exhibit Index following Schedule II included in this Annual Report.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

KLA Corporation
August 6, 2020By:/S/ RICHARD P. WALLACE
(Date)Richard P. Wallace
President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

SignatureTitleDate
/s/ RICHARD P. WALLACEPresident, Chief Executive Officer and Director (principal executive officer)August 6, 2020
Richard P. Wallace
/s/ BREN D. HIGGINSExecutive Vice President and Chief Financial Officer (principal financial officer)August 6, 2020
Bren D. Higgins
/s/ VIRENDRA A. KIRLOSKARSenior Vice President and Chief Accounting Officer (principal accounting officer)August 6, 2020
Virendra A. Kirloskar
/s/ EDWARD W. BARNHOLTChairman of the Board and DirectorAugust 6, 2020
Edward W. Barnholt
/s/ ROBERT M. CALDERONIDirectorAugust 6, 2020
Robert M. Calderoni
/s/ JENEANNE HANLEYDirectorAugust 6, 2020
Jeneanne Hanley
/s/ EMIKO HIGASHIDirectorAugust 6, 2020
Emiko Higashi
/s/ KEVIN J. KENNEDYDirectorAugust 6, 2020
Kevin J. Kennedy
/s/ GARY B. MOOREDirectorAugust 6, 2020
Gary B. Moore
/s/ MARIE MYERSDirectorAugust 6, 2020
Marie Myers
/s/ KIRAN M. PATELDirectorAugust 6, 2020
Kiran M. Patel
/s/ VICTOR PENGDirectorAugust 6, 2020
Victor Peng
/s/ ROBERT A. RANGODirectorAugust 6, 2020
Robert A. Rango

SCHEDULE II

Valuation and Qualifying Accounts

(In thousands)Balance at Beginning of PeriodCharged to ExpenseDeductions/ AdjustmentsBalance at End of Period
Fiscal Year Ended June 30, 2018:
Allowance for Doubtful Accounts$21,636$—$(9,997)$11,639
Allowance for Deferred Tax Assets$120,708$1,152$41,710$163,570
Fiscal Year Ended June 30, 2019:
Allowance for Doubtful Accounts$11,639$364$(2)$12,001
Allowance for Deferred Tax Assets$163,570$—$3,001$166,571
Fiscal Year Ended June 30, 2020:
Allowance for Doubtful Accounts$12,001$(189)$10$11,822
Allowance for Deferred Tax Assets$166,571$—$15,275$181,846

KLA CORPORATION

EXHIBIT INDEX

Exhibit NumberExhibit DescriptionIncorporated by Reference
FormFile No.Exhibit NumberFiling Date
3.1Restated Certificate of Incorporation10-KNo. 000-099923.1August 16, 2019
3.2Amended and Restated Bylaws of the Company effective as of July 15, 20198-KNo. 000-099923.2July 16, 2019
4.1Indenture dated November 6, 2014 between KLA-Tencor Corporation and Wells Fargo Bank, National Association, as trustee8-KNo. 000-099924.1November 7, 2014
4.2Form of Officer’s Certificate setting forth the terms of the Notes (with form of Notes attached)8-KNo. 000-099924.2November 7, 2014
4.3Form of Officer’s Certificate setting forth the terms of the 4.100% Senior Notes due 2029 and 5.000% Senior Notes due 2049 (with form of Notes attached)8-KNo. 000-099924.2March 20, 2019
4.4Form of Officer’s Certificate setting forth the terms of the 3.300% Senior Notes due 2050 (with form of Notes attached)8-KNo. 000-099924.2March 3, 2020
10.12004 Equity Incentive Plan (as amended and restated (as of November 7, 2018))*S-8No. 22828310.1November 8, 2018
10.2Notice of Grant of Restricted Stock Units*10-QNo. 000-0999210.18May 4, 2006
10.3Form of Restricted Stock Unit Award Notification (Performance-Vesting) (approved August 2014)*8-KNo. 000-0999210.49August 12, 2014
10.4Form of Restricted Stock Unit Award Notification (Service-Vesting) (approved August 2012)*8-KNo. 000-0999210.1August 2, 2012
10.5Form of Restricted Stock Unit Award Notification (Service-Vesting; 25% Annual Vesting) (approved August 2014)*8-KNo. 000-0999210.50August 12, 2014
10.6Form of Restricted Stock Unit Award Notification (Service-Vesting; 50% Vesting Year Two, 50% Vesting Year Four) (approved August 2014)*8-KNo. 000-0999210.51August 12, 2014
10.7Form of Restricted Stock Unit Agreement for U.S. Employees (with Dividend Equivalents) (approved August 2014)*8-KNo. 000-0999210.46August 12, 2014
10.8Form of Restricted Stock Unit Agreement for Non-U.S. Employees (with Dividend Equivalents) (approved August 2014)*8-KNo. 000-0999210.48August 12, 2014
10.9Executive Deferred Savings Plan (as amended and restated effective July 31, 2019)*10-KNo. 000-0999210.9August 16, 2019
10.10Credit Agreement, dated as of November 30, 2017 among KLA-Tencor Corporation, the lenders from time to time and JPMorgan Chase Bank, N.A., as administrative agent8-KNo. 000-0999210.1November 30, 2017
10.11Amended and Restated Executive Severance Plan*8-KNo. 000-0999210.1October 20, 2016
10.12Amended and Restated 2010 Executive Severance Plan10-QNo. 000-0999210.45October 22, 2015
10.13Calendar Year 2020 Executive Incentive Plan*+10-QNo. 000-0999210.1May 6, 2020
Exhibit NumberExhibit DescriptionIncorporated by Reference
FormFile No.Exhibit NumberFiling Date
10.14Incremental Facility, Extension and Amendment Agreement, dated as of November 2, 2018 by and among the registrant, the subsidiary guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent8-KNo. 000-0999210.1November 8, 2018
10.15Consulting Agreement dated September 23, 2019 between the registrant and Jeneanne Hanley, as amended on April 16, 2020
21.1List of Subsidiaries
23.1Consent of Independent Registered Public Accounting Firm
31.1Certification of Chief Executive Officer under Rule 13a-14(a) of the Securities Exchange Act of 1934
31.2Certification of Chief Financial Officer under Rule 13a-14(a) of the Securities Exchange Act of 1934
32Certification of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U.S.C. Section 1350
101.INSXBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCHXBRL Taxonomy Extension Schema Document
101.CALXBRL Taxonomy Extension Calculation Linkbase Document
101.DEFXBRL Taxonomy Extension Definition Linkbase Document
101.LABXBRL Taxonomy Extension Label Linkbase Document
101.PREXBRL Taxonomy Extension Presentation Linkbase Document
*Denotes a management contract, plan or arrangement.
+Certain portions of this document that constitute confidential information have been redacted in accordance with Regulation S-K, Item 601(b)(10).

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