Discontinued Operations

3 Months Ended

Apr. 01, 2012

Discontinued Operations [Abstract]

Discontinued Operations

E. Discontinued Operations

On March 21, 2011, Teradyne completed the sale of its Diagnostic Solutions business unit, which was included in the Systems Test Group segment, to SPX Corporation for $40.2 million in cash. Teradyne sold this business as its growth potential as a stand-alone business within Teradyne was significantly less than if it was part of a larger automotive supplier. The financial information for Diagnostic Solutions has been reclassified to discontinued operations for all periods presented. Net revenues and income from discontinued operations for the three months ended April 3, 2011 were as follows:

	April 3, 2011
	(in thousands)
Net revenues	$	9,086
Income from discontinued operations before income taxes	$	1,436
Gain from disposal of discontinued operations before income taxes		29,781
Income tax provision		4,311
Income from discontinued operations	$	26,906