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Stock-Based Compensation (Tables)
6 Months Ended
Jul. 05, 2015
Schedule of Estimated Fair Value TSR Performance-Based Restricted Stock Unit Awards Assumptions

The fair value was estimated using the Monte Carlo simulation model with the following assumptions:

 

     For the Six Months
Ended
 
     July 5,
2015
    June 29,
2014
 

Risk-free interest rate

     0.77     0.75

Teradyne volatility-historical

     28.2     36.1

Philadelphia Semiconductor Index volatility-historical

     19.7     24.6

Dividend yield

     1.33     1.25
Stock Options  
Fair Value of Stock Options Using Assumptions

The fair value of stock options was estimated using the Black-Scholes option-pricing model with the following assumptions:

 

     For the Six Months
Ended
 
     July 5,
2015
    June 29,
2014
 

Expected life (years)

     4.0        4.0   

Risk-free interest rate

     1.1     1.2

Volatility-historical

     33.4     38.8

Dividend yield

     1.33     1.25