DISCONTINUED OPERATIONS

62 Months Ended

Dec. 31, 2012

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 years ended December 31, 2012, 2011 and 2010 were as follows:

	2012		2011		2010
	(in thousands)
Net revenues	$	—	$	9,086	$	42,488
Income from discontinued operation before income taxes	$	—	$	1,278	$	5,406
Gain from disposal of discontinued operation before income taxes		—		28,949		—
Income tax provision		—		4,311		278
Income from discontinued operations	$	—	$	25,916	$	5,128