XML 29 R49.htm IDEA: XBRL DOCUMENT
v3.19.3

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 29, 2019
Segment Information | Segment information for the three and nine months ended September 29, 2019 and September 30, 2018 is as follows:
|  | Semiconductor Test |  |  | Industrial Automation |  |  | System Test |  |  | Wireless Test |  |  | Corporate and Other |  |  | Consolidated |
|  | (in thousands) |
Three Months Ended September 29, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 397,737 |  |  | $ | 68,892 |  |  | $ | 73,305 |  |  | $ | 42,264 |  |  | $ | (160 | ) |  | $ | 582,038 |
Income (loss) before income taxes (1)(2) |  |  | 116,633 |  |  |  | (1,645 | ) |  |  | 24,381 |  |  |  | 11,182 |  |  |  | 1,182 |  |  |  | 151,733 |
Total assets (3) |  |  | 757,422 |  |  |  | 580,635 |  |  |  | 126,452 |  |  |  | 94,789 |  |  |  | 1,139,493 |  |  |  | 2,698,791 |
Three Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 417,297 |  |  | $ | 65,913 |  |  | $ | 49,606 |  |  | $ | 34,304 |  |  | $ | (272 | ) |  | $ | 566,848 |
Income (loss) before income taxes (1)(2) |  |  | 126,638 |  |  |  | 940 |  |  |  | 9,056 |  |  |  | 7,843 |  |  |  | (3,633 | ) |  |  | 140,844 |
Total assets (3) |  |  | 709,616 |  |  |  | 617,741 |  |  |  | 83,160 |  |  |  | 79,986 |  |  |  | 1,391,984 |  |  |  | 2,882,487 |
Nine Months Ended September 29, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,113,489 |  |  | $ | 209,753 |  |  | $ | 204,934 |  |  | $ | 112,541 |  |  | $ | (402 | ) |  | $ | 1,640,315 |
Income (loss) before income taxes (1)(2) |  |  | 291,037 |  |  |  | (10,670 | ) |  |  | 63,254 |  |  |  | 25,740 |  |  |  | 7,528 |  |  |  | 376,889 |
Total assets (3) |  |  | 757,422 |  |  |  | 580,635 |  |  |  | 126,452 |  |  |  | 94,789 |  |  |  | 1,139,493 |  |  |  | 2,698,791 |
Nine Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,150,712 |  |  | $ | 176,803 |  |  | $ | 162,308 |  |  | $ | 92,023 |  |  | $ | (602 | ) |  | $ | 1,581,244 |
Income (loss) before income taxes (1)(2) |  |  | 305,876 |  |  |  | (1,198 | ) |  |  | 35,296 |  |  |  | 18,615 |  |  |  | (1,914 | ) |  |  | 356,675 |
Total assets (3) |  |  | 709,616 |  |  |  | 617,741 |  |  |  | 83,160 |  |  |  | 79,986 |  |  |  | 1,391,984 |  |  |  | 2,882,487 |
(1) | Included in Corporate and Other are: contingent consideration adjustments, severance charges, interest income and expense, net foreign exchange gains (losses), intercompany eliminations, acquisition related expenses and compensation, pension and postretirement plans actuarial losses and an expense for the modification of Teradyne’s former chief financial officer’s outstanding equity awards.
(2) | Included in the income (loss) before income taxes for each of the segments are charges and credits related to restructuring and other and inventory 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.
Schedule of Segment Reporting Information by Segment Charges | Included in each segment are charges and credits in the following ​​​​​​​line items in the statements of operations:
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | September 29, |  |  | September 30, |  |  | September 29, |  |  | September 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
|  | (in thousands) |
Semiconductor Test: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 1,867 |  |  | $ | 2,071 |  |  | $ | 5,319 |  |  | $ | 5,851 |
Restructuring and other—employee severance |  |  | — |  |  |  | 1,716 |  |  |  | 1,009 |  |  |  | 7,657 |
Industrial Automation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring and other—acquisition related expenses |  | $ | — |  |  | $ | 811 |  |  | $ | 1,330 |  |  | $ | 811 |
Restructuring and other—employee severance |  |  | — |  |  |  | — |  |  |  | 604 |  |  |  | — |
Cost of revenues—inventory charge |  |  | — |  |  |  | — |  |  |  | 508 |  |  |  | 680 |
System Test: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | — |  |  | $ | — |  |  | $ | 1,129 |  |  | $ | 812 |
Wireless Test: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 724 |  |  | $ | 716 |  |  | $ | 1,892 |  |  | $ | 2,179 |
Corporate and Other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring and other—MiR contingent consideration adjustment |  | $ | (7,759 | ) |  | $ | — |  |  | $ | (16,427 | ) |  | $ | — |
Selling and administrative – equity modification charge |  |  | 2,108 |  |  |  | — |  |  |  | 2,108 |  |  |  | — |
Restructuring and other—acquisition related expenses and compensation |  |  | 816 |  |  |  | — |  |  |  | 928 |  |  |  | 3,318 |
Restructuring and other—Universal Robots contingent consideration adjustment |  |  | — |  |  |  | (768 | ) |  |  | — |  |  |  | (9,236 | )

X
- Definition Schedule of segment reporting information by segment charges. + References No definition available. + Details
Name: | ter_ScheduleOfSegmentReportingInformationBySegmentChargesTableTextBlock
Namespace Prefix: | ter_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration