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Segment Information (Tables) | 9 Months Ended
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Oct. 03, 2021
Segment Information | Segment information for th e three and nine months ended October 3, 2021 and September 27, 2020 is as follows:
|  | Semiconductor Test |  |  | System Test |  |  | Industrial Automation |  |  | Wireless Test |  |  | Corporate and Other |  |  | Consolidated |
|  | (in thousands) |
Three Months Ended October 3, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 688,232 |  |  | $ | 102,605 |  |  | $ | 91,014 |  |  | $ | 68,713 |  |  | $ | (63 | ) |  | $ | 950,501 |
Income (loss) before income taxes (1)(2) |  |  | 265,017 |  |  |  | 31,773 |  |  |  | (4,226 | ) |  |  | 31,726 |  |  |  | (26,535 | ) |  |  | 297,755 |
Total assets (3) |  |  | 1,251,549 |  |  |  | 147,970 |  |  |  | 696,792 |  |  |  | 119,568 |  |  |  | 1,546,303 |  |  |  | 3,762,182 |
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 |
Nine Months Ended October 3, 2021 (4) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 2,050,271 |  |  | $ | 340,261 |  |  | $ | 263,151 |  |  | $ | 164,504 |  |  | $ | (352 | ) |  | $ | 2,817,835 |
Income (loss) before income taxes (1)(2) |  |  | 778,687 |  |  |  | 116,788 |  |  |  | (14,586 | ) |  |  | 63,810 |  |  |  | (38,925 | ) |  |  | 905,774 |
Total assets (3) |  |  | 1,251,549 |  |  |  | 147,970 |  |  |  | 696,792 |  |  |  | 119,568 |  |  |  | 1,546,303 |  |  |  | 3,762,182 |
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 |
(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.
(4) | The (loss) before income taxes for the nine months ended October 3, 2021 for Industrial Automation has been decreased and Corporate and Other has been increased to correctly eliminate a $10.1 million immaterial error in the three and six months ended July 4, 2021 related to intercompany charges. The error is not material to any historical periods.
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 |
|  | October 3, 2021 |  |  | September 27, 2020 |  |  | October 3, 2021 |  |  | September 27, 2020 |
|  | (in thousands) |
Semiconductor Test: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 3,725 |  |  | $ | 1,131 |  |  | $ | 4,959 |  |  | $ | 7,956 |
Restructuring and other—Contract termination settlement charge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,000 |
Industrial Automation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 3,656 |  |  | $ | — |  |  | $ | 4,941 |  |  | $ | 505 |
Restructuring and other—employee severance |  |  | 476 |  |  |  | — |  |  |  | 965 |  |  |  | 664 |
Restructuring and other—acquisition related expenses and compensation |  |  | — |  |  |  | — |  |  |  | 825 |  |  |  | 790 |
Wireless: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 679 |  |  | $ | 1,802 |  |  | $ | 1,351 |  |  | $ | 3,957 |
System Test: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | — |  |  | $ | — |  |  | $ | 524 |  |  | $ | 698 |
Corporate and Other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other (income) expense, net—loss on convertible debt conversion |  | $ | 20,153 |  |  | $ | — |  |  | $ | 25,397 |  |  | $ | — |
Restructuring and other—other |  |  | — |  |  |  | — |  |  |  | 1,846 |  |  |  | — |
Restructuring and other—AutoGuide contingent consideration adjustment |  |  | — |  |  |  | (27,206 | ) |  |  | (7,227 | ) |  |  | (4,421 | )
Restructuring and other—acquisition related expenses and compensation |  |  | — |  |  |  | (1,086 | ) |  |  | (513 | ) |  |  | 2,629 |
Restructuring and other—MiR contingent consideration adjustment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,546 | )

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