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Stock-Based Compensation (Tables)

6 Months Ended

Jul. 02, 2023

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 Six Months Ended
		July 2,				July 3,
		2023				2022
Risk-free interest rate			3.9	%			1.4	%
Teradyne volatility-historical			50.2	%			47.1	%
NYSE Composite Index volatility-historical			24.8	%			22.7	%
Dividend yield			0.4	%			0.4	%

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 Six Months Ended
		July 2,				July 3,
		2023				2022
Expected life (years)			4.0				4.0
Risk-free interest rate			3.7	%			1.6	%
Volatility-historical			46.7	%			43.7	%
Dividend yield			0.4	%			0.4	%

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- Definition

Schedule Of Share Based Payment Award Total Shareholder Return Plan Valuation Assumptions [Table Text Block]

+ References

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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

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