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Net Income Per Common Share (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Oct. 02, 2011
Sep. 30, 2012
Oct. 02, 2011
Net Income Loss Per Common Share        
Income from continuing operations $ 88,641 $ 56,706 $ 233,592 $ 214,728
Income from discontinued operations       1,703
Gain on disposal of discontinued operations       24,371
Net income for basic net income per share $ 88,641 $ 56,706 $ 233,592 $ 240,802
Weighted average common shares-basic 187,364 185,102 186,592 185,063
Incremental shares from assumed conversion of convertible Note 21,890 [1] 19,540 [1] 22,397 [1] 21,870 [1]
Convertible note hedge warrant shares 16,765 [2] 13,475 [2] 17,474 [2] 16,737 [2]
Restricted stock units 1,423 3,377 1,413 3,942
Stock options 1,735 346 2,075 454
Employee stock purchase rights 33 52 52 75
Dilutive potential common shares 41,846 36,790 43,411 43,078
Weighted average common shares-diluted 229,210 221,892 230,003 228,141
Net income per common share-basic, Continuing operations $ 0.47 $ 0.31 $ 1.25 $ 1.16
Net income per common share-basic, Discontinued operations       $ 0.14
Net income per common share-basic, Total $ 0.47 $ 0.31 $ 1.25 $ 1.30
Net income per common share-diluted, Continuing operations $ 0.39 $ 0.26 $ 1.02 $ 0.94
Net income per common share-diluted, Discontinued operations       $ 0.12
Net income per common share-diluted, Total $ 0.39 $ 0.26 $ 1.02 $ 1.06
[1] Incremental shares from assumed conversion of the convertible notes for the three and nine months ended September 30, 2012 and October 2, 2011 are calculated using the difference between the average Teradyne stock price for the period and the conversion price of $5.48, multiplied by the 34.7 million shares that would be issued upon conversion. The result of this calculation, representing the total intrinsic value of the convertible debt, is divided by the average Teradyne stock price for the period.
[2] Convertible note hedge warrant shares for the three and nine months ended September 30, 2012 and October 2, 2011 are calculated using the difference between the average Teradyne stock price for the period and the warrant price of $7.67, multiplied by the 34.7 million shares that would be issued upon conversion. The result of this calculation, representing the total intrinsic value of the warrant, is divided by the average Teradyne stock price for the period.