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Retirement Plans (Tables)
6 Months Ended
Jun. 29, 2014
Postretirement Benefit Plans
 
Net Periodic Pension and Postretirement Cost (Benefit)

For the three and six months ended June 29, 2014 and June 30, 2013, Teradyne’s net periodic postretirement benefit was comprised of the following:

 

     For the Three Months
Ended
    For the Six Months
Ended
 
     June 29,
2014
    June 30,
2013
    June 29,
2014
    June 30,
2013
 
     (in thousands)  

Service cost

   $ 17      $ 21      $ 29      $ 37   

Interest cost

     82        84        168        171   

Amortization of unrecognized prior service benefit

     (150     (150     (299     (299

Actuarial gain

     (247     (236     (247     (236
  

 

 

   

 

 

   

 

 

   

 

 

 

Total net periodic post-retirement benefit

   $ (298   $ (281   $ (349   $ (327
  

 

 

   

 

 

   

 

 

   

 

 

 
Defined Benefit Pension Plans
 
Net Periodic Pension and Postretirement Cost (Benefit)

For the three and six months ended June 29, 2014 and June 30, 2013, Teradyne’s net periodic pension cost was comprised of the following:

 

     For the Three Months
Ended
    For the Six Months
Ended
 
     June 29,
2014
    June 30,
2013
    June 29,
2014
    June 30,
2013
 
     (in thousands)  

Service cost

   $ 811      $ 852      $ 1,607      $ 1,686   

Interest cost

     3,732        3,281        7,452        6,651   

Expected return on plan assets

     (3,384     (3,631     (6,725     (7,261

Amortization of unrecognized prior service cost

     34        41        67        82   

Actuarial loss (gain)

     362        (1,123     362        (1,123
  

 

 

   

 

 

   

 

 

   

 

 

 

Total net periodic pension cost (benefit)

   $ 1,555      $ (580   $ 2,763      $ 35