XML 53 R43.htm IDEA: XBRL DOCUMENT
v3.22.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jul. 03, 2022
Segment Information | Segment information for the three and six months ended July 3, 2022 and July 4, 2021 is as follows:
|  | Semiconductor Test |  |  | System Test |  |  | Industrial Automation |  |  | Wireless Test |  |  | Corporate and Eliminations |  |  | Consolidated |
|  | (in thousands) |
Three Months Ended July 3, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 541,348 |  |  | $ | 134,702 |  |  | $ | 101,055 |  |  | $ | 63,854 |  |  | $ | (193 | ) |  | $ | 840,766 |
Income (loss) before income taxes (1)(2) |  |  | 177,782 |  |  |  | 54,042 |  |  |  | (6,406 | ) |  |  | 25,393 |  |  |  | (12,219 | ) |  |  | 238,592 |
Total assets (3) |  |  | 1,449,878 |  |  |  | 229,359 |  |  |  | 644,099 |  |  |  | 118,445 |  |  |  | 1,046,645 |  |  |  | 3,488,426 |
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 |
Six Months Ended July 3, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,023,688 |  |  | $ | 253,371 |  |  | $ | 204,244 |  |  | $ | 115,372 |  |  | $ | (539 | ) |  | $ | 1,596,136 |
Income (loss) before income taxes (1)(2) |  |  | 327,487 |  |  |  | 95,365 |  |  |  | (11,504 | ) |  |  | 44,012 |  |  |  | (36,409 | ) |  |  | 418,951 |
Total assets (3) |  |  | 1,449,878 |  |  |  | 229,359 |  |  |  | 644,099 |  |  |  | 118,445 |  |  |  | 1,046,645 |  |  |  | 3,488,426 |
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 |
(1) | Included in Corporate and Eliminations are: legal and environmental fees, contingent consideration fair value adjustments, interest income, interest expense, severance charges, net foreign exchange gains (losses), acquisition related charges and compensation, pension, intercompany eliminations and for the three and six months ended July 4, 2021, loss on convertible debt conversions.
(2) | Included in income (loss) before taxes are charges and credits related to restructuring and other, inventory charges and, for the three and six months ended July 4, 2021, loss on convertible debt conversions.
(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 Six Months Ended |
|  | July 3, 2022 |  |  | July 4, 2021 |  |  | July 3, 2022 |  |  | July 4, 2021 |
|  | (in thousands) |
Semiconductor Test: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 2,071 |  |  | $ | — |  |  | $ | 2,315 |  |  | $ | 1,234 |
Industrial Automation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 831 |  |  | $ | — |  |  | $ | 1,197 |  |  | $ | 1,285 |
Restructuring and other—acquisition related expenses and compensation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 550 |
Wireless: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues—inventory charge |  | $ | 2,099 |  |  | $ | — |  |  | $ | 2,976 |  |  | $ | 672 |
Corporate and Eliminations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring and other—other |  | $ | 1,500 |  |  | $ | 1,700 |  |  | $ | 2,000 |  |  | $ | 1,846 |
Restructuring and other—legal settlement charge |  |  | — |  |  |  | — |  |  |  | 14,700 |  |  |  | — |
Other (income) expense, net—loss on convertible debt conversions |  |  | — |  |  |  | 1,175 |  |  |  | — |  |  |  | 5,244 |
Restructuring and other—AutoGuide contingent consideration adjustment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (7,227 | )
Restructuring and other—acquisition related expenses and compensation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (513 | )

X
- Definition Schedule of segment reporting information by segment charges. + References No definition available. + Details
Name: | ter_ScheduleOfSegmentReportingInformationBySegmentChargesTableTextBlock
Namespace Prefix: | ter_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration