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Operating Segment, Geographic and Significant Customer Information (Tables)
12 Months Ended
Dec. 31, 2014
Segment Information

Segment information for the years ended December 31, 2014, 2013 and 2012 is as follows:

 

    Semiconductor
Test
    Wireless
Test
    System Test     Corporate
And
Eliminations
    Consolidated  
    (in thousands)  

2014

         

Revenues

  $ 1,300,790      $ 184,535      $ 162,499      $ —       $ 1,647,824   

Income (Loss) before taxes (1)(2)

    255,803        (116,196     12,116        (56,347     95,376   

Total assets (3)

    580,501        478,974        95,105        1,383,940        2,538,520   

Property additions

    159,783        3,730        5,469        —         168,982   

Depreciation and amortization expense

    84,990        53,308        5,399        8,847        152,544   

2013

         

Revenues

  $ 1,023,041      $ 251,871      $ 153,021      $ —       $ 1,427,933   

Income before taxes (1)(2)

    153,797        23,153        3,115        21,857        201,922   

Total assets (3)

    632,840        645,001        79,983        1,272,000        2,629,824   

Property additions

    94,303        5,358        7,070        —         106,731   

Depreciation and amortization expense

    72,472        51,675        5,180        21,360        150,687   

2012

         

Revenues

  $ 1,127,726      $ 286,355      $ 242,669      $ —       $ 1,656,750   

Income (Loss) before taxes (1)(2)

    185,985        83,077        34,164        (37,250     265,976   

Total assets (3)

    604,127        672,048        71,116        1,082,054        2,429,345   

Property additions

    105,074        7,608        6,398        —         119,080   

Depreciation and amortization expense

    73,537        50,362        4,549        17,066        145,514   

 

(1) Interest income, interest expense, other (income) expense, net and pension and postretirement plans actuarial gains and losses are included in Corporate and Eliminations.
(2) Included in income (loss) before taxes are charges and credits related to restructuring and other, inventory charges and goodwill impairment charges.
(3) Total business assets are directly attributable to each business. Corporate assets consist of cash and cash equivalents, marketable securities and certain other assets.
Revenues by Country

Information as to Teradyne’s revenues by country is as follows:

 

     2014      2013      2012  
     (in thousands)  

Revenues from customers (1):

        

Taiwan

   $ 495,942       $ 265,472       $ 299,359   

China

     292,145         323,564         351,335   

United States

     213,104         230,178         238,280   

Korea

     145,608         119,286         216,445   

Singapore

     119,421         114,765         101,502   

Europe

     111,043         90,797         77,099   

Malaysia

     83,910         86,900         69,064   

Philippines

     68,662         63,392         111,571   

Japan

     63,761         81,806         100,807   

Thailand

     44,117         32,209         80,518   

Rest of the World

     10,111         19,564         10,770   
  

 

 

    

 

 

    

 

 

 
   $ 1,647,824       $ 1,427,933       $ 1,656,750   
  

 

 

    

 

 

    

 

 

 

 

(1) Revenues attributable to a country are based on location of customer site.
Long-Lived Assets by Geographic Area

Long-lived assets by geographic area:

 

     United
States
     Foreign(1)      Total  
     (in thousands)  

December 31, 2014

   $ 206,334       $ 122,704       $ 329,038   

December 31, 2013

   $ 211,455       $ 63,781       $ 275,236   

 

(1) As of December 31, 2014 and 2013, long-lived assets attributable to Singapore were $99.2 million and $42.5 million, respectively.
Semiconductor Test  
Schedule of Segment Reporting Information by Segment Charges

Included in the Semiconductor Test segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2014              2013              2012      
     (in thousands)  

Cost of revenues—inventory charge (1)

   $ 14,389       $ 5,218       $ 18,433   

Restructuring and other

     490         1,016         386   

 

(1) Included in the cost of revenues for the years ended December 31, 2014 and 2012 are charges for excess inventory provisions recorded primarily as a result of product transition.
System Test  
Schedule of Segment Reporting Information by Segment Charges

Included in the System Test segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2014              2013              2012      
     (in thousands)  

Cost of revenues—inventory charge

   $ 2,125       $ 4,168       $ 4,271   

Restructuring and other

     742         1,431         451   
Wireless Test  
Schedule of Segment Reporting Information by Segment Charges

Included in the Wireless Test segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2014              2013              2012      
     (in thousands)  

Cost of revenues—inventory step-up (2)

   $ —        $ —        $ 6,089   

Cost of revenues—inventory charge

     5,679         7,206         4,145   

Restructuring and other

     565         82         236   

Goodwill impairment charge

     98,897         —           —     

 

(2) Included in the cost of revenues for the years ended December 31, 2012 is the cost for purchase accounting inventory step-up.
Corporate And Eliminations  
Schedule of Segment Reporting Information by Segment Charges

Included in the Corporate and Eliminations segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2014             2013             2012      
     (in thousands)  

Restructuring and other

   $ (432   $ (449   $ (8,794