Annual report pursuant to Section 13 and 15(d)

没有te 12. Income Taxes (Tables)

v2.3.0.11
没有te 12. Income Taxes (Tables)
12 Months Ended
Jun. 30, 2011
所得税信息披露(抽象)
Schedule of Income before Income Taxes, Domestic and Foreign
The components of income (loss) before income taxes are as follows:
Year ended June 30,
(In thousands)
2011
2010
2009
Domestic income (loss) before income taxes
$
752,163

$
122,219

$
(534,439
)
公司之前外汇收入(亏损)ome taxes
357,903

168,962

(68,092
)
Total income (loss) before income taxes
$
1,110,066

$
291,181

$
(602,531
)
Schedule of Components of Income Tax Expense (Benefit)
The provision for (benefit from) income taxes is comprised of the following:
(In thousands)
Year ended June 30,
2011
2010
2009
Current:
Federal
$
225,192

$
63,687

$
(136,906
)
State
2,095

8,799

(3,545
)
Foreign
31,578

30,225

32647年

$
258865年

$
102,711

$
(107,804
)
Deferred:
Federal
$
40,908

$
(9,258
)
$
43,194

State
26,458

(3,689
)
31,577

Foreign
(10,653
)
(10,883
)
(46,130
)
56,713

(23,830
)
28,641

Provision for (benefit from) income taxes
$
315,578

$
78,881

$
(79,163
)
Schedule of Deferred Tax Assets and Liabilities
The significant components of deferred income tax assets and liabilities are as follows:
(In thousands)
截至6月30日,
2011
2010
Deferred tax assets:
Tax credits and net operating losses
$
62,173

$
83,480

Employee benefits accrual
86,741

70,845

Stock-based compensation
66,638

88,078

Capitalized R&D expenses
84,283

110,286

Inventory reserves
55,451

67,141

没有n-deductible reserves
50,304

54,038

Deferred profit
95,157

83,700

Unearned revenue
27,723

19,648

Other
36,853

43,352

Gross deferred tax assets
565,323

620,568

Valuation allowance
(30,722
)
(44,184
)
Net deferred tax assets
$
534,601

$
576,384

Deferred tax liabilities:
Unremitted earnings of foreign subsidiaries not permanently reinvested
$
(25,293
)
$
(19,863
)
Depreciation and amortization
(21,047
)
(6,148
)
Unrealized gain on investments
(2,215
)
(1,409
)
Total deferred tax liabilities
(48,555
)
(27,420
)
Total net deferred tax assets
$
486,046

$
548,964

Schedule of Effective Income Tax Rate Reconciliation
The reconciliation of the United States federal statutory income tax rate to KLA-Tencor’s effective income tax rate is as follows:
Year ended June 30,
2011
2010
2009
Federal statutory rate
35.0
%
35.0
%
35.0
%
State income taxes, net of federal benefit
3.2
%
0.7
%
(0.1
)%
Effect of foreign operations taxed at various rates
(9.0
)%
(9.6
)%
(1.5
)%
Research and development tax credit
(1.2
)%
(1.2
)%
1.8
%
Net change in tax reserves
2.1
%
0.5
%
2.2
%
Domestic manufacturing benefit
(1.9
)%
(1.7
)%
(0.2
)%
Change in valuation allowance
(0.7
)%
(0.1
)%
(6.4
)%
没有n-deductible impairment of goodwill
—
%
—
%
(16.0
)%
Effect of stock-based compensation
1.4
%
4.0
%
(0.5
)%
Other
(0.5
)%
(0.5
)%
(1.2
)%
Effective income tax rate
28.4
%
27.1
%
13.1
%
Summary of Income Tax Contingencies
A reconciliation of the gross unrecognized tax benefit is as follows:
Year ended June 30,
(In thousands)
2011
2010
2009
Unrecognized tax benefits at the beginning of the period
$
53,492

$
49,738

$
64,602

Increases for tax positions taken in prior years
5,228

6,553

231

Decreases for tax positions taken in prior years
—

(1,897
)
(11,037
)
Increases for tax positions taken in current year
32,152

10,912

4,832

Decreases for settlements with taxing authorities
(11,786
)
—

(968
)
Decreases for lapsing of the statute of limitations
(749
)
(11,814
)
(7,922
)
Unrecognized tax benefits at the end of the period
$
78,337

$
53,492

$
49,738

Baidu