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Segment Information (Tables)

9 Months Ended

Sep. 27, 2020

Segment information for the three and nine months ended September 27, 2020 an

September 29, 2019 is as follows:


	Semiconductor Test		System Test		Industrial Automation			Wireless Test		Corporate and Other			Consolidated
	(in thousands)
Three Months Ended September 27, 2020
Revenues	$	592,141	$	118,169	$	68,711		$	40,504	$	(41	)	$	819,484
Income (loss) before income taxes (1)(2)		189,116		47,368		(5,302	)		10,938		21,611			263,731
Total assets (3)		1,069,830		155,642		667,132			108,671		1,435,237			3,436,512
Three Months Ended September 29, 2019
Revenues	$	397,737	$	73,305	$	68,892		$	42,264	$	(160	)	$	582,038
Income (loss) before income taxe s (1) (2)		116,633		24,381		(1,645	)		11,182		1,182			151,733
Total assets (3)		757,422		126,452		580,635			94,789		1,139,493			2,698,791
Nine Months Ended September 27, 2020
Revenues	$	1,735,777	$	306,051	$	187,792		$	133,174	$	(294	)	$	2,362,500
Income (loss) before income taxes (1)(2)		571,719		114,968		(32,041	)		35,640		(12,197	)		678,089
Total assets (3)		1,069,830		155,642		667,132			108,671		1,435,237			3,436,512
Nine Months Ended September 29, 2019
Revenues	$	1,113,489	$	204,934	$	209,753		$	112,541	$	(402	)	$	1,640,315
Income (loss) before income taxes (1)(2)		291,037		63,254		(10,670	)		25,740		7,528			376,889
Total assets (3)		757,422		126,452		580,635			94,789		1,139,493			2,698,791

(1)

Included in Corporate and Other are: contingent consideration adjustments, employee severance charges, interest (income) and

expense

, net foreign exchange (gains) and losses, pension and postretirement plan actuarial (gains) and losses and settlement charges, intercompany eliminations, and certain acquisition related charges and compensation.

(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 operations:


	For the Three Months Ended						For the Nine Months Ended
	September 27,			September 29,			September 27,			September 29,
	2020			2019			2020			2019
	(in thousands)
Semiconductor Test:
Cost of revenues - inventory charge	$	1,131		$	1,867		$	7,956		$	5,319
Restructuring and other - contract termination settlement fee		—			—			4,000			—
Restructuring and other - employee severance		—			—			—			1,009
Wireless:
Cost of revenues - inventory charge	$	1,802		$	724		$	3,957		$	1,892
Restructuring and other - employee severance		—			—			—			566
Industrial Automation:
Cost of revenues - inventory charge	$	—		$	—		$	505		$	508
Restructuring and other - acquisition related compensation and expenses		—			—			790			1,330
Restructuring and other - employee severance		—			—			664			604
System Test:
Cost of revenues - inventory charge	$	—		$	—		$	698		$	1,129
Corporate and Other:
Restructuring and other - AutoGuide contingent consideration adjustment	$	(27,206	)	$	—		$	(4,421	)	$	—
Restructuring and other - acquisition related compensation and expenses		(1,086	)		816			2,629			928
Restructuring and other - MiR contingent consideration adjustment		—			(7,759	)		(3,546	)		(16,427	)
Selling and administrative - equity modification charge		—			2,108			—			2,108