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Operating Segment, Geographic and Significant Customer Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Information
    Semiconductor
Test
    Wireless
Test
    System
Test
    Industrial
Automation
    Corporate
And
Eliminations
    Consolidated  
    (in thousands)  

2015

           

Revenues

  $ 1,201,530      $ 184,572      $ 211,584      $ 41,892      $ —       $ 1,639,578   

Income (loss) before taxes (1)(2)

    260,154        (13,830     25,101        (7,574     (10,727     253,124   

Total assets (3)

    610,869        427,880        102,547        344,260        1,063,118        2,548,674   

Property additions

    79,052        3,133        6,228        1,465        —         89,878   

Depreciation and amortization expense

    64,415        53,440        4,390        14,500        4,027        140,772   

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   

 

(1) Interest income, interest expense, other (income) expense, net, contingent consideration adjustments 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:

 

     2015      2014      2013  
     (in thousands)  

Revenues from customers (1):

        

Taiwan

   $ 436,389       $ 495,942       $ 265,472   

China

     264,898         292,145         323,564   

United States

     217,386         213,104         230,178   

Japan

     128,228         63,761         81,806   

Korea

     120,224         145,608         119,286   

Europe

     111,903         111,043         90,797   

Singapore

     105,216         119,421         114,765   

Philippines

     96,103         68,662         63,392   

Malaysia

     76,707         83,910         86,900   

Thailand

     59,104         44,117         32,209   

Rest of the World

     23,420         10,111         19,564   
  

 

 

    

 

 

    

 

 

 
   $ 1,639,578       $ 1,647,824       $ 1,427,933   
  

 

 

    

 

 

    

 

 

 

 

(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, 2015

   $ 198,424       $ 74,990       $ 273,414   

December 31, 2014

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

 

(1) As of December 31, 2015 and 2014, long-lived assets attributable to Singapore were $39.9 million and $99.2 million, respectively.
Semiconductor Test  
Schedule of Segment Reporting Information by Segment Charges

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

 

     For the Year Ended December 31,  
         2015              2014              2013      
     (in thousands)  

Cost of revenues—inventory charge

   $ 10,508       $ 14,389       $ 5,218   

Restructuring and other

     499         490         1,016   
System Test  
Schedule of Segment Reporting Information by Segment Charges

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

 

     For the Year Ended December 31,  
         2015              2014              2013      
     (in thousands)  

Cost of revenues—inventory charge

   $ 8,324       $ 2,125       $ 4,168   

Restructuring and other

     1,037         742         1,431   
Wireless Test  
Schedule of Segment Reporting Information by Segment Charges

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

 

     For the Year Ended December 31,  
         2015              2014              2013      
     (in thousands)  

Cost of revenues—inventory charge

   $ 2,500       $ 5,679       $ 7,206   

Restructuring and other

     —           565         82   

Goodwill impairment charge

     —          98,897         —    
Industrial Automation  
Schedule of Segment Reporting Information by Segment Charges

Included in the Industrial Automation segment are charges in the following account:

 

     For the Year Ended December 31,  
         2015              2014              2013      
     (in thousands)  

Cost of revenues—inventory step-up (1)

   $ 1,567       $ —        $ —    

 

(1) Included in the cost of revenues for the years ended December 31, 2015 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,  
         2015             2014             2013      
     (in thousands)  

Restructuring and other—Universal Robots contingent consideration adjustment

   $ 5,339      $ —       $ —    

Restructuring and other—ZTEC contingent consideration adjustment

     (1,600     (630 )     —    

Restructuring and other—AIT contingent consideration adjustment

     (1,250     —         —    

Restructuring and other—acquisition costs

     1,104        372        —    

Restructuring and other

     —          198        (449

Other (income) expense, net—gain from the sale of an equity investment

     (5,406     —         (34,212

Selling and administrative—stock based compensation expense (1)

     —         6,598        —    

 

(1) Expense related to the January 2014 retirement of Teradyne’s former chief executive officer; see Note N: “Stock-Based Compensation.”