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Restructuring and Other
9 Months Ended
Oct. 01, 2017
Restructuring and Other

N. RESTRUCTURING AND OTHER

During the three months ended October 1, 2017, Teradyne recorded $5.1 million of property insurance recovery related to the Japan earthquake, a $0.4 million credit related to a previously impaired lease termination of a Wireless Test facility in Sunnyvale, CA, and a $0.3 million credit for the decrease in the fair value of the Universal Robots contingent consideration liability, partially offset by $0.8 million of Japan earthquake related expenses and $0.6 million recorded for employee severance charges, primarily in Semiconductor Test.

During the three months ended October 2, 2016, Teradyne recorded $8.0 million for the increase in the fair value of the Universal Robots contingent consideration liability and $4.2 million for employee severance charges, primarily in Semiconductor Test and Wireless Test.

During the nine months ended October 1, 2017, Teradyne recorded $2.0 million for employee severance charges, primarily in Industrial Automation and Corporate, $1.8 million for the increase in the fair value of the Universal Robots contingent consideration liability, $0.9 million for a lease impairment of a Wireless Test facility in Sunnyvale, CA, which was terminated in September 2017, and $0.8 million of Japan earthquake related expenses, partially offset by $5.1 million of property insurance recovery related to the Japan earthquake.

During the nine months ended October 2, 2016, Teradyne recorded $10.5 million for the increase in the fair value of contingent consideration liability, of which $9.9 million was related to Universal Robots and $0.6 million was related to AIT, $5.9 million for employee severance charges, primarily in Semiconductor Test and Wireless Test, $4.2 million for an impairment of fixed assets, and $0.9 million for Japan earthquake related expenses, partially offset by $5.1 million of property insurance recovery related to the Japan earthquake.