XML 27 R48.htm IDEA: XBRL DOCUMENT v2.4.0.8
Operating Segment, Geographic and Significant Customer Information (Tables)
12 Months Ended
Dec. 31, 2013
Segment Information

Segment information for the years ended December 31, 2013, 2012 and 2011 is as follows:

 

     Semiconductor
Test
     Wireless
Test
    System Test      Corporate
And
Eliminations
    Consolidated  
     (in thousands)  

2013

            

Net revenue

   $ 1,023,041       $ 251,871      $ 153,021       $ —        $ 1,427,933   

Income from continuing operations before taxes (1)(2)

     153,797         23,153        3,115         21,857        201,922   

Total assets (3)

     632,840         645,001        79,983         1,272,000        2,629,824   

Property additions

     94,303         5,358        7,070         —          106,731   

Depreciation and amortization expense

     72,472         51,675        5,180         21,360        150,687   

2012

            

Net revenue

   $ 1,127,726       $ 286,355      $ 242,669       $ —        $ 1,656,750   

Income from continuing operations before taxes (1)(2)

     185,985         83,077        34,164         (37,250     265,976   

Total assets (3)

     604,127         672,048        71,116         1,082,054        2,429,345   

Property additions

     105,074         7,608        6,398         —          119,080   

Depreciation and amortization expense

     73,537         50,362        4,549         17,066        145,514   

2011

            

Net revenue

   $ 1,106,191       $ 28,390      $ 294,480       $ —        $ 1,429,061   

Income (loss) from continuing operations before taxes (1)(2)

     219,651         (20,579     53,298         (37,949     214,421   

Total assets (3)

     581,026         725,940        77,277         804,396        2,188,639   

Property additions

     80,606         794        4,697         —          86,097   

Depreciation and amortization expense

     74,278         13,057        4,192         15,154        106,681   

 

(1) Interest income, interest expense and other, and pension and postretirement plans actuarial gains and losses are included in Corporate and Eliminations.
(2) Included in income (loss) from continuing operations before taxes are charges and credits related to restructuring and other and inventory charges.
(3) Total business assets are directly attributable to each business. Corporate assets consist of cash and cash equivalents, marketable securities and certain other assets.
Revenues by Country

Information as to Teradyne’s revenues by country is as follows:

 

     2013      2012      2011  
     (in thousands)  

Revenues from customers (1):

        

China

   $ 323,564       $ 351,335       $ 180,441   

Taiwan

     272,919         299,359         172,700   

United States

     222,731         238,280         221,895   

Korea

     119,286         216,445         145,958   

Singapore

     114,765         101,502         90,622   

Europe

     90,797         77,099         101,208   

Malaysia

     86,900         69,064         138,107   

Japan

     81,806         100,807         148,699   

Philippines

     63,392         111,571         130,484   

Thailand

     32,209         80,518         80,539   

Rest of the World

     19,564         10,770         18,408   
  

 

 

    

 

 

    

 

 

 
   $ 1,427,933       $ 1,656,750       $ 1,429,061   
  

 

 

    

 

 

    

 

 

 

 

(1) Revenues attributable to a country are based on location of customer site.
Long-Lived Assets by Geographic Area

Long-lived assets by geographic area:

 

     United
States
     Foreign
Countries
     Total  
     (in thousands)  

December 31, 2013

   $ 211,455       $ 63,781       $ 275,236   

December 31, 2012

     211,422         54,360         265,782   
System Test
 
Schedule of Segment Reporting Information by Segment Charges

Included in the System Test segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2013              2012              2011      
     (in thousands)  

Cost of revenues—inventory charge

   $ 4,168       $ 4,271       $ 1,090   

Restructuring and other

     1,431         451         (300
Semiconductor Test
 
Schedule of Segment Reporting Information by Segment Charges

Included in the Semiconductor Test segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2013              2012              2011      
     (in thousands)  

Cost of revenues—inventory charge (1)

   $ 5,218       $ 18,433       $ 10,370   

Restructuring and other

     1,016         386         2,142   

 

(1) Included in the cost of revenues for the years ended December 31, 2012 and 2011 are charges for excess inventory provisions recorded primarily as a result of product transition.
Wireless Test
 
Schedule of Segment Reporting Information by Segment Charges

Included in the Wireless Test segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2013              2012              2011      
     (in thousands)  

Cost of revenues—inventory step-up (2)

   $ —         $ 6,089       $ 12,178   

Cost of revenues—inventory charge

     7,206         4,145         141   

Restructuring and other

     82         236         —     

 

(2) Included in the cost of revenues for the years ended December 31, 2012 and 2011 is the cost for purchase accounting inventory step-up.
Corporate And Eliminations
 
Schedule of Segment Reporting Information by Segment Charges

Included in the Corporate and Eliminations segment are charges and credits in the following accounts:

 

     For the Year Ended December 31,  
         2013             2012             2011      
     (in thousands)  

Restructuring and other

   $ (449   $ (8,794   $ 4,901