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Revenue | 3 Months Ended
--- | ---
Mar. 31, 2019
Revenue from Contract with Customer [Abstract] |
Revenue from Contract with Customer [Text Block] | E. REVENUE Revenue recognized in accordance with ASC 606: “ Revenue from Contracts with Customers” was $492.4 million and $483.2 million for the three months ended March 31, 2019 and April 1, 2018, respectively. For the three months ended March 31, 2019 and April 1, 2018, Teradyne also recognized $1.7 million and $4.3 million, respectively, of revenues from leases of Teradyne systems, which are accounted for outside of ASC 606. Disaggregation of Revenue The following table provides information about disaggregated revenue by primary geographical market, major product line and timing of revenue recognition.
|  | For the Three Months Ended March 31, 2019 |
|  | Semiconductor Test |  |  | System Test |  |  | Industrial Automation |  |  | Wireless Test |  |  | Corporate and Other |  |  | Consolidated |
|  | System on a Chip |  |  | Memory |  |  | Defense/ Aerospace |  |  | Storage Test |  |  | Production Board Test |  |  | Universal Robots |  |  | Mobile Industrial Robots |  |  | Energid |  |  |  |  |  |  |  |  |  |
|  | (in thousands) |
Americas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time |  | $ | 7,977 |  |  | $ | 8,051 |  |  | $ | 14,783 |  |  | $ | 1,593 |  |  | $ | 3,254 |  |  | $ | 15,297 |  |  | $ | 3,539 |  |  | $ | — |  |  | $ | 2,090 |  |  | $ | (151 | ) |  | $ | 56,433 |
Over time |  |  | 8,190 |  |  |  | 712 |  |  |  | 6,450 |  |  |  | — |  |  |  | 729 |  |  |  | 246 |  |  |  | — |  |  |  | 260 |  |  |  | 151 |  |  |  | — |  |  |  | 16,738 |
Europe, Middle East and Africa |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time |  |  | 11,032 |  |  |  | 153 |  |  |  | 39 |  |  |  | — |  |  |  | 5,064 |  |  |  | 25,904 |  |  |  | 3,840 |  |  |  | — |  |  |  | 736 |  |  |  | — |  |  |  | 46,768 |
Over time |  |  | 5,281 |  |  |  | 280 |  |  |  | 469 |  |  |  | — |  |  |  | 1,554 |  |  |  | 416 |  |  |  | — |  |  |  | 289 |  |  |  | 45 |  |  |  | — |  |  |  | 8,334 |
Asia Pacific |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time |  |  | 219,746 |  |  |  | 35,571 |  |  |  | 263 |  |  |  | 16,605 |  |  |  | 3,636 |  |  |  | 14,178 |  |  |  | 1,727 |  |  |  | — |  |  |  | 24,628 |  |  |  | — |  |  |  | 316,354 |
Over time |  |  | 38,913 |  |  |  | 3,280 |  |  |  | 764 |  |  |  | 2,054 |  |  |  | 920 |  |  |  | 228 |  |  |  | — |  |  |  | 212 |  |  |  | 1,359 |  |  |  | — |  |  |  | 47,730 |
Lease Revenue |  |  | 1,667 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 43 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 32 |  |  |  | — |  |  |  | 1,742 |
Total |  | $ | 292,806 |  |  | $ | 48,047 |  |  | $ | 22,768 |  |  | $ | 20,252 |  |  | $ | 15,200 |  |  | $ | 56,269 |  |  | $ | 9,106 |  |  | $ | 761 |  |  | $ | 29,041 |  |  | $ | (151 | ) |  | $ | 494,099 |
|  | For the Three Months Ended April 1, 2018 |
|  | Semiconductor Test |  |  | System Test |  |  | Industrial Automation |  |  | Wireless Test |  |  | Corporate and Other |  |  | Consolidated |
|  | System on a Chip |  |  | Memory |  |  | Defense/ Aerospace |  |  | Storage Test |  |  | Production Board Test |  |  | Universal Robots |  |  | Mobile Industrial Robots |  |  | Energid |  |  |  |  |  |  |  |  |  |
|  | (in thousands) |
Americas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time |  | $ | 9,600 |  |  | $ | 2,862 |  |  | $ | 11,597 |  |  | $ | 279 |  |  | $ | 1,760 |  |  | $ | 14,373 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,979 |  |  | $ | (221 | ) |  | $ | 45,229 |
Over time |  |  | 8,791 |  |  |  | 696 |  |  |  | 6,188 |  |  |  | — |  |  |  | 757 |  |  |  | 89 |  |  |  | — |  |  |  | — |  |  |  | 112 |  |  |  | — |  |  |  | 16,633 |
Europe, Middle East and Africa |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time |  |  | 12,125 |  |  |  | 139 |  |  |  | 1,497 |  |  |  | — |  |  |  | 4,037 |  |  |  | 22,573 |  |  |  | — |  |  |  | — |  |  |  | 1,041 |  |  |  | — |  |  |  | 41,412 |
Over time |  |  | 5,214 |  |  |  | 269 |  |  |  | 551 |  |  |  | — |  |  |  | 1,559 |  |  |  | 143 |  |  |  | — |  |  |  | — |  |  |  | 227 |  |  |  | — |  |  |  | 7,963 |
Asia Pacific |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Point in time |  |  | 224,851 |  |  |  | 66,273 |  |  |  | 101 |  |  |  | 10,122 |  |  |  | 1,861 |  |  |  | 11,583 |  |  |  | — |  |  |  | — |  |  |  | 13,664 |  |  |  | — |  |  |  | 328,455 |
Over time |  |  | 36,338 |  |  |  | 2,323 |  |  |  | 208 |  |  |  | 1,533 |  |  |  | 735 |  |  |  | 73 |  |  |  | — |  |  |  | — |  |  |  | 2,296 |  |  |  | — |  |  |  | 43,506 |
Lease Revenue |  |  | 3,847 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 234 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 188 |  |  |  | — |  |  |  | 4,269 |
Total |  | $ | 300,766 |  |  | $ | 72,562 |  |  | $ | 20,142 |  |  | $ | 11,934 |  |  | $ | 10,943 |  |  | $ | 48,834 |  |  | $ | — |  |  | $ | — |  |  | $ | 22,507 |  |  | $ | (221 | ) |  | $ | 487,467 |
Contract Balances The amount of revenue recognized during the three months ended March 31, 2019 and April 1, 2018 that was previously included within the deferred revenue and customer advances balance was $19.5 million and $21.8 million, respectively, and primarily relates to extended warranties, training, application support and post contract support. Each of these represents a distinct performance obligation. Teradyne expects to recognize 72% of the remaining performance obligation in the next 12 months, 22% in 1-3 years, and the remainder thereafter. Accounts Receivable Teradyne sells certain trade accounts receivables on a non-recourse basis to third-party financial institutions pursuant to factoring agreements. Teradyne accounts for these transactions as sales of receivables and presents cash proceeds as a cash provided by operating activities in the consolidated statements of cash flows. Total trade accounts receivable sold under the factoring agreements were $41.7 million and $3.5 million for the three months ended March 31, 2019 and April 1, 2018, respectively. Factoring fees for the sales of receivables were recorded in interest expense and were not material.

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- References No definition available. + Details
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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
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