Segment Information (Tables)

6 Months Ended

Jul. 04, 2021

Segment information for the three and six months ended July 4, 2021 and June 28, 2020 is as follows:


	Semiconductor Test		System Test		Industrial Automation			Wireless Test		Corporate and Other			Consolidated
	(in thousands)

Three Months Ended July 4, 2021
Revenues	$	833,976	$	104,819	$	92,186		$	54,893	$	(146	)	$	1,085,728
Income (loss) before income taxes (1)(2)		337,302		33,954		(9,837	)		21,472		1,135			384,026
Total assets (3)		1,518,941		146,296		687,022			117,702		1,530,961			4,000,922

Three Months Ended June 28, 2020
Revenues	$	659,147	$	71,806	$	58,776		$	49,185	$	(253	)	$	838,661
Income (loss) before income taxes (1)(2)		228,787		19,193		(11,403	)		14,482		(33,768	)		217,291
Total assets (3)		1,192,355		126,164		662,103			108,066		1,160,501			3,249,189

Six Months Ended July 4, 2021
Revenues	$	1,362,039	$	237,656	$	172,137		$	95,791	$	(289	)	$	1,867,334
Income (loss) before income taxes (1)(2)		513,670		85,015		(22,804	)		31,088		1,050			608,019
Total assets (3)		1,518,941		146,296		687,022			117,702		1,530,961			4,000,922

Six Months Ended June 28, 2020
Revenues	$	1,143,636	$	187,882	$	119,081		$	92,670	$	(253	)	$	1,543,016
Income (loss) before income taxes (1)(2)		382,603		67,600		(26,738	)		24,702		(33,808	)		414,359
Total assets (3)		1,192,355		126,164		662,103			108,066		1,160,501			3,249,189

(1)	Included in Corporate and Other are: contingent consideration adjustments, loss on convertible debt conversions, interest income, interest expense, net foreign exchange gains (losses), pension, intercompany eliminations and acquisition related: (a) charges; (b) legal fees; (c) compensation.

(2)	Included in income (loss) before taxes are charges and credits related to restructuring and other, loss on convertible debt conversions 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.

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 Six Months Ended
	July 4, 2021		June 28, 2020			July 4, 2021			June 28, 2020
	(in thousands)
Semiconductor Test:
Cost of revenues - inventory charge	$	—	$	3,799		$	1,234		$	6,825
Restructuring and other - c ontract termination settlement charge		—		4,000			—			4,000
Industrial Automation:
Restructuring and other - acquisition related expenses and compensation	$	—	$	—		$	550		$	790
Cost of revenues - inventory charge		—		—			1,285			—
Wireless:
Cost of revenues - inventory charge	$	—	$	1,582		$	672		$	2,155
Corporate and Other:
Restructuring and other - other	$	1,700	$	750		$	1,846		$	750
Other (income) expense, net - l oss on convertible debt conversion		1,175		—			5,244			—
Restructuring and other - AutoGuide contingent consideration adjustment		—		29,927			(7,227	)		22,785
Restructuring and other - acquisition related expenses and compensation		—		2,974			(513	)		3,715
Restructuring and other - MiR contingent consideration adjustment		—		(668	)		—			(3,546	)