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v3.19.3.a.u2

Operating Segment, Geographic and Significant Customer Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Information | Segment information for the years ended December 31, 2019, 2018, and 2017 is as follows:
|  | Semiconductor Test |  |  | Industrial Automation |  |  | System Test |  |  | Wireless Test |  |  | Corporate And Other |  |  | Consolidated |
|  | (in thousands) |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,552,571 |  |  | $ | 298,139 |  |  | $ | 287,455 |  |  | $ | 157,315 |  |  | $ | (515 | ) |  | $ | 2,294,965 |
Income (loss) before taxes (1)(2) |  |  | 416,973 |  |  |  | (5,916 | ) |  |  | 93,543 |  |  |  | 35,585 |  |  |  | (14,413 | ) |  |  | 525,772 |
Total assets (3) |  |  | 784,808 |  |  |  | 671,559 |  |  |  | 131,428 |  |  |  | 97,299 |  |  |  | 1,101,920 |  |  |  | 2,787,014 |
Property additions |  |  | 112,145 |  |  |  | 9,076 |  |  |  | 3,059 |  |  |  | 10,362 |  |  |  | — |  |  |  | 134,642 |
Depreciation and amortization expense |  |  | 59,197 |  |  |  | 40,904 |  |  |  | 5,518 |  |  |  | 5,365 |  |  |  | 9,671 |  |  |  | 120,655 |
2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,492,417 |  |  | $ | 261,452 |  |  | $ | 216,132 |  |  | $ | 132,006 |  |  | $ | (1,205 | ) |  | $ | 2,100,802 |
Income (loss) before taxes (1)(2) |  |  | 397,645 |  |  |  | 7,670 |  |  |  | 48,857 |  |  |  | 29,052 |  |  |  | (15,423 | ) |  |  | 467,801 |
Total assets (3) |  |  | 669,452 |  |  |  | 607,502 |  |  |  | 88,098 |  |  |  | 77,570 |  |  |  | 1,263,984 |  |  |  | 2,706,606 |
Property additions |  |  | 94,496 |  |  |  | 11,188 |  |  |  | 3,469 |  |  |  | 5,226 |  |  |  | — |  |  |  | 114,379 |
Depreciation and amortization expense |  |  | 58,095 |  |  |  | 36,755 |  |  |  | 6,430 |  |  |  | 5,328 |  |  |  | 6,616 |  |  |  | 113,224 |
2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,662,549 |  |  | $ | 170,056 |  |  | $ | 192,135 |  |  | $ | 111,866 |  |  | $ | — |  |  | $ | 2,136,606 |
Income (loss) before taxes (1)(2) |  |  | 491,361 |  |  |  | 8,763 |  |  |  | 10,305 |  |  |  | 17,350 |  |  |  | (3,368 | ) |  |  | 524,411 |
Total assets (3) |  |  | 597,480 |  |  |  | 368,037 |  |  |  | 97,018 |  |  |  | 59,912 |  |  |  | 1,987,098 |  |  |  | 3,109,545 |
Property additions |  |  | 87,920 |  |  |  | 7,044 |  |  |  | 5,976 |  |  |  | 4,435 |  |  |  | — |  |  |  | 105,375 |
Depreciation and amortization expense |  |  | 58,901 |  |  |  | 25,711 |  |  |  | 6,646 |  |  |  | 5,392 |  |  |  | 11,425 |  |  |  | 108,075 |
(1) | Included in Corporate and Other are: contingent consideration adjustments, investment impairment , pension and postretirement plans actuarial gains (losses), severance charges , property insurance recovery related to the Japan earthquake, interest income, interest expense, net foreign exchange gains (losses), intercompany eliminations and acquisition related charges.
(2) | Included in income (loss) before taxes are charges and credits related to restructuring and other, and inventory charges.
(3) | Total assets are attributable to each segment. 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 operation s :
|  | For the Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (in thousands) |
Semiconductor Test: |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 8,731 |  |  | $ | 6,822 |  |  | $ | 4,606 |
Restructuring and other—employee severance |  |  | 1,277 |  |  |  | 8,429 |  |  |  | 1,779 |
Restructuring and other—impairment of fixed assets |  |  | — |  |  |  | — |  |  |  | 1,124 |
Industrial Automation: |  |  |  |  |  |  |  |  |  |  |  |
Restructuring and other—employee severance |  | $ | 796 |  |  | $ | — |  |  | $ | 1,414 |
Restructuring and other—acquisition related expenses and compensation |  |  | 741 |  |  |  | 1,163 |  |  |  | — |
Cost of revenues—inventory charge |  |  | 508 |  |  |  | 680 |  |  |  | — |
System Test: |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 2,000 |  |  | $ | 1,175 |  |  | $ | 1,918 |
Wireless: |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 4,005 |  |  | $ | 2,565 |  |  | $ | 2,190 |
Restructuring and other—lease impairment |  |  | — |  |  |  | — |  |  |  | 972 |
Corporate and Other: |  |  |  |  |  |  |  |  |  |  |  |
Restructuring and other—MiR contingent consideration adjustment |  | $ | (22,199 | ) |  | $ | 17,666 |  |  | $ | — |
Other (income) expense, net—investment impairment charge |  |  | 15,000 |  |  |  | — |  |  |  | — |
Restructuring and other—AutoGuide contingent consideration adjustment |  |  | 2,976 |  |  |  | — |  |  |  | — |
Selling and administrative—equity modification charge |  |  | 2,108 |  |  |  | — |  |  |  | — |
Restructuring and other—acquisition related expenses and compensation |  |  | 1,765 |  |  |  | 3,422 |  |  |  | — |
Restructuring and other—Universal Robots contingent consideration adjustment |  |  | — |  |  |  | (16,679 | ) |  |  | 7,820 |
Restructuring and other—property insurance recovery related to Japan earthquake |  |  | — |  |  |  | — |  |  |  | (5,064 | )
Revenues by Country | Information as to Teradyne’s revenues by country is as follows:
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (in thousands) |
Revenues from customers (1): |  |  |  |  |  |  |  |  |  |  |  |
China |  | $ | 514,327 |  |  | $ | 348,942 |  |  | $ | 260,451 |
Taiwan |  |  | 485,681 |  |  |  | 516,322 |  |  |  | 687,031 |
United States |  |  | 333,059 |  |  |  | 282,869 |  |  |  | 252,516 |
Korea |  |  | 239,504 |  |  |  | 163,224 |  |  |  | 206,819 |
Europe |  |  | 219,015 |  |  |  | 223,207 |  |  |  | 163,715 |
Japan |  |  | 175,322 |  |  |  | 158,281 |  |  |  | 169,093 |
Thailand |  |  | 87,503 |  |  |  | 59,184 |  |  |  | 29,566 |
Singapore |  |  | 84,111 |  |  |  | 108,618 |  |  |  | 101,085 |
Malaysia |  |  | 58,200 |  |  |  | 122,797 |  |  |  | 124,048 |
Philippines |  |  | 54,560 |  |  |  | 77,996 |  |  |  | 105,850 |
Rest of the World |  |  | 43,683 |  |  |  | 39,362 |  |  |  | 36,432 |
|  | $ | 2,294,965 |  |  | $ | 2,100,802 |  |  | $ | 2,136,606 |
(1) | Revenues attributable to a country are based on location of customer site.
Long-Lived Assets by Geographic Area | Long-lived assets by geographic area:
|  | United States |  |  | Foreign(1) |  |  | Total |
|  | (in thousands) |
December 31, 2019 |  | $ | 252,812 |  |  | $ | 124,943 |  |  | $ | 377,755 |
December 31, 2018 |  | $ | 209,368 |  |  | $ | 70,453 |  |  | $ | 279,821 |
(1) | As of December 31, 2019 and 2018, long-lived assets attributable to Singapore were $35.2 million and $19.4 million, respectively.

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