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Dispositions | 6 Months Ended
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Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract] |
Dispositions | E. DISPOSITIONS On May 27, 2024, Teradyne completed the sale of the Device Interface Solutions ("DIS") business, a component of the Semiconductor Test segment, to Technoprobe S.p.A. ("Technoprobe") for $85.0 million in cash, net of cash and cash equivalents sold, and a customary working capital adjustment. The sale resulted in a pre-tax gain of $57.5 million recorded as 'Gain on sale of business' in the consolidated statement of operations. The transaction did not meet the criteria to be classified as a discontinued operation, as it did not represent a strategic shift that will have a major effect on operations and financial results. Assets and liabilities related to the DIS sale agreement met the criteria and were classified as held for sale in Teradyne’s consolidated balance sheet as of December 31, 2023, as follows:
|  | December 31, 2023 |
Current assets: |  |  |
Inventories, net |  | $ | 17,952 |
Prepayments |  |  | 5,298 |
Total current assets held for sale |  |  | 23,250 |
Property, plant and equipment, net |  |  | 8,986 |
Operating lease right-of-use assets, net |  |  | 2,545 |
Total assets held for sale |  | $ | 34,781 |
Current liabilities: |  |  |
Accounts payable |  | $ | 6,356 |
Other accrued liabilities |  |  | 552 |
Operating lease liabilities |  |  | 471 |
Total current liabilities held for sale |  |  | 7,379 |
Long-term operating lease liabilities |  |  | 2,000 |
Total liabilities held for sale |  | $ | 9,379 |
Net assets held for sale |  | $ | 25,402 |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/205-20/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent + Details
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