Operating Segment, Geographic and Significant Customer Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment information for the years ended December 31, 2016, 2015 and 2014 is as follows:


	Semiconductor Test		System Test		Industrial Automation			Wireless Test			Corporate And Eliminations			Consolidated
	(in thousands)
2016
Revenues	$	1,368,169	$	189,846	$	99,031		$	96,204		$	—		$	1,753,250
Income (loss) before taxes (1)(2)		311,939		28,916		(16,783	)		(371,409	)		(7,723	)		(55,060	)
Total assets (3)		557,546		110,361		317,635			62,366			1,714,585			2,762,493
Property additions		70,543		3,788		6,755			4,186			—			85,272
Depreciation and amortization expense		58,087		6,551		26,869			25,921			2,581			120,009
2015
Revenues	$	1,201,530	$	211,584	$	41,892		$	184,572		$	—		$	1,639,578
Income (loss) before taxes (1)(2)		260,154		25,101		(7,574	)		(13,830	)		(10,727	)		253,124
Total assets (3)		610,869		102,547		344,260			427,880			1,063,118			2,548,674
Property additions		79,052		6,228		1,465			3,133			—			89,878
Depreciation and amortization expense		64,415		4,391		14,500			53,440			4,027			140,773
2014
Revenues	$	1,300,790	$	162,499	$	—		$	184,535		$	—		$	1,647,824
Income (loss) before taxes (1)(2)		255,803		12,116		—			(116,196	)		(56,347	)		95,376
Total assets (3)		580,501		95,105		—			478,974			1,383,940			2,538,520
Property additions		159,783		5,469		—			3,730			—			168,982
Depreciation and amortization expense		84,990		5,399		—			53,308			8,847			152,544

(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, goodwill impairment charges and acquired intangible assets impairment charge.

(3)	Total business assets are directly attributable to each business. Corporate assets consist of cash and cash equivalents, marketable securities and certain other assets.

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

(1)	Revenues attributable to a country are based on location of customer site.

Long-lived assets by geographic area:

(1)	As of December 31, 2016 and 2015, long-lived assets attributable to Singapore were $31.5 million and $39.9 million, respectively.

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


	For the Year Ended December 31,
	2016			2015		2014
	(in thousands)
Cost of revenues—inventory charge	$	630		$	8,324	$	2,125
Restructuring and other		(49	)		1,037		742

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


	For the Year Ended December 31,
	2016		2015		2014
	(in thousands)
Cost of revenues—inventory charge	$	9,656	$	10,508	$	14,389
Restructuring and other		2,860		499		490

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


	For the Year Ended December 31,
	2016			2015			2014
	(in thousands)
Restructuring and other—Universal Robots contingent consideration adjustment	$	15,346		$	5,339		$	—
Restructuring and other—Impairment of fixed assets and expenses related to Japan Earthquake		5,363			—			—
Restructuring and other—Property insurance recovery		(5,363	)		—			—
Restructuring and other—ZTEC contingent consideration adjustment		—			(1,600	)		(630	)
Restructuring and other—AIT contingent consideration adjustment		550			(1,250	)		—
Restructuring and other—Acquisition costs		—			1,104			372
Restructuring and other		—			—			198
Other (income) expense, net—Gain from the sale of an equity investment		—			(5,406	)		—
Selling and administrative—Stock based compensation expense (1)		—			—			6,598

Total	$	15,896		$	(1,813	)	$	6,538

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

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


	For the Year Ended December 31,
	2016		2015		2014
	(in thousands)
Restructuring and other	$	585	$	—	$	—
Cost of revenues-inventory step-up (1)		—		1,567		—

(1)	Included in the cost of revenues for the year ended December 31, 2015 is the cost for purchase accounting inventory step-up.

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


	For the Year Ended December 31,
	2016		2015		2014
	(in thousands)
Goodwill impairment charge	$	254,946	$	—	$	98,897
Acquired intangible assets impairment charge		83,339		—		—
Cost of revenues—inventory charge		7,207		2,500		5,679
Restructuring and other		2,650		—		565