XML 54 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 27, 2020
Schedule of Estimated Fair Value of TSR Performance-Based Restricted Stock Unit Awards Assumptions The fair value was estimated using the Monte Carlo simulation model with the following assumptions:
    
For the Nine Months

Ended
 
    
September 27,
   
September 29,
 
    
2020
   
2019
 
Risk-free interest rate
     1.5     2.6
Teradyne volatility-historical
     34.9     31.9
NYSE Composite Index volatility-historical
     11.4     11.9
Dividend yield
     0.6     1.0
Fair Value of Stock Options Using Assumptions
The fair value of stock options was estimated using the Black-Scholes option-pricing model with the following assumptions:
 
    
For the Nine Months

Ended
 
    
September 27,
   
September 29,
 
    
2020
   
2019
 
Expected life (years)
     5.0       5.0  
Risk-free interest rate
     1.6     2.5
Volatility-historical
     31.6     30.1
Dividend yield
     0.6     1.0