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Restructuring and Other | 9 Months Ended
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Sep. 28, 2014
Restructuring and Other | M. Restructuring and Other Restructuring During the nine months ended September 28, 2014, Teradyne recorded $0.8 million of severance charges related to headcount reductions of approximately 30 people, primarily in Wireless Test. During the nine months ended September 29, 2013, Teradyne recorded $1.5 million of severance charges related to headcount reductions of approximately 40 people, of which $1.4 million was in System Test and $0.4 million was in Semiconductor Test, and a $(0.4) million credit in Corporate for a change in the estimated exit costs related to a leased facility.
|  | Severance and Benefits |  |  | Facility Exit Costs |  |  | Total |
|  | (in thousands) |
Pre-2013 Activities |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 31, 2012 |  | $ | 243 |  |  | $ | 1,084 |  |  | $ | 1,327 |
Change in estimate |  |  | — |  |  |  | (553 | ) |  |  | (553 | )
Cash payments |  |  | (243 | ) |  |  | (531 | ) |  |  | (774 | )
Balance at December 31, 2013 |  | $ | — |  |  | $ | — |  |  | $ | — |
2013 Activities |  |  |  |  |  |  |  |  |  |  |  |
Q3 2013 Activity: |  |  |  |  |  |  |  |  |  |  |  |
Provision |  | $ | 1,337 |  |  | $ | — |  |  | $ | 1,337 |
Cash payments |  |  | (966 | ) |  |  | — |  |  |  | (966 | )
Balance at December 31, 2013 |  |  | 371 |  |  |  | — |  |  |  | 371 |
Cash payments |  |  | (161 | ) |  |  | — |  |  |  | (161 | )
Balance at March 30, 2014 |  |  | 210 |  |  |  | — |  |  |  | 210 |
Cash payments |  |  | — |  |  |  | — |  |  |  | — |
Balance at June 29, 2014 |  |  | 210 |  |  |  | — |  |  |  | 210 |
Cash payments |  |  | — |  |  |  | — |  |  |  | — |
Balance at September 28, 2014 |  | $ | 210 |  |  | $ | — |  |  | $ | 210 |
Q4 2013 Activity: |  |  |  |  |  |  |  |  |  |  |  |
Provision |  | $ | 600 |  |  | $ | — |  |  | $ | 600 |
Cash payments |  |  | (486 | ) |  |  | — |  |  |  | (486 | )
Balance at December 31, 2013 |  |  | 114 |  |  |  | — |  |  |  | 114 |
Cash payments |  |  | (114 | ) |  |  | — |  |  |  | (114 | )
Balance at March 30, 2014 |  | $ | — |  |  | $ | — |  |  | $ | — |
|  | Severance and Benefits |  |  | Facility Exit Costs |  |  | Total |
|  | (in thousands) |
2014 Activities |  |  |  |  |  |  |  |  |  |  |  |
Q2 2014 Activity: |  |  |  |  |  |  |  |  |  |  |  |
Provision |  | $ | 572 |  |  | $ | — |  |  | $ | 572 |
Cash payments |  |  | (530 | ) |  |  | — |  |  |  | (530 | )
Balance at June 29, 2014 |  |  | 42 |  |  |  | — |  |  |  | 42 |
Cash payments |  |  | (42 | ) |  |  | — |  |  |  | (42 | )
Balance at September 28, 2014 |  | $ | — |  |  | $ | — |  |  | $ | — |
Q3 2014 Activity: |  |  |  |  |  |  |  |  |  |  |  |
Provision |  | $ | 225 |  |  | $ | — |  |  | $ | 225 |
Cash payments |  |  | (225 | ) |  |  | — |  |  |  | (225 | )
Balance at September 28, 2014 |  | $ | — |  |  | $ | — |  |  | $ | — |
Balance at September 28, 2014 |  | $ | 210 |  |  | $ | — |  |  | $ | 210 |
The accrual balance for severance and benefits of $0.2 million is reflected in the accrued employees’ compensation and withholdings on the balance sheet and is expected to be paid by December 2014. Other During the three and nine months ended September 28, 2014, Teradyne recorded a $0.6 million fair value adjustment to decrease the ZTEC acquisition contingent consideration.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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