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Retirement Plans (Tables)
3 Months Ended
Apr. 02, 2017
Defined Benefit Pension Plans  
Net Periodic Pension and Postretirement Cost (Income)

For the three months ended April 2, 2017 and April 3, 2016, Teradyne’s net periodic pension cost (income) was comprised of the following:

 

     For the Three Months
Ended
 
     April 2, 2017      April 3, 2016  
     United
States
     Foreign      United
States
     Foreign  
     (in thousands)  

Service cost

   $ 560      $ 185      $ 576      $ 207  

Interest cost

     3,312        163        3,414        206  

Expected return on plan assets

     (3,000      (6      (3,443      (5

Amortization of prior service cost

     18        —          24        —    

Net actuarial gain

     —          —          (1,193      —    

Settlement

     —          —          —          (239
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net periodic pension cost (income)

   $ 890      $ 342      $ (622    $ 169  
  

 

 

    

 

 

    

 

 

    

 

 

 
Postretirement Benefit Plans  
Net Periodic Pension and Postretirement Cost (Income)

For the three months ended April 2, 2017 and April 3, 2016, Teradyne’s net periodic postretirement income was comprised of the following:

 

     For the Three Months
Ended
 
     April 2,      April 3,  
     2017      2016  
     (in thousands)  

Service cost

   $ 10      $ 10  

Interest cost

     50        56  

Amortization of prior service benefit

     (124      (150
  

 

 

    

 

 

 

Total net periodic post-retirement benefit

   $ (64    $ (84