Segment Information |
ended December 31, 2013. Segment information is as
follows:
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|
Semiconductor
Test |
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|
Wireless
Test |
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|
System
Test |
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|
Corporate
and
Eliminations |
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|
Consolidated |
|
|
|
(in
thousands) |
|
Three months ended June 29, 2014:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net revenues
|
|
$ |
421,434 |
|
|
$ |
68,699 |
|
|
$ |
35,434 |
|
|
$ |
— |
|
|
$ |
525,567 |
|
Income (loss) before income taxes(1)(2)
|
|
|
107,270 |
|
|
|
14,229 |
|
|
|
(715 |
) |
|
|
608 |
|
|
|
121,392 |
|
Three months ended June 30, 2013:
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|
Net revenues
|
|
$ |
292,431 |
|
|
$ |
99,386 |
|
|
$ |
37,072 |
|
|
$ |
— |
|
|
$ |
428,889 |
|
Income (loss) before income taxes(1)(2)
|
|
|
58,606 |
|
|
|
23,913 |
|
|
|
779 |
|
|
|
(2,941 |
) |
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|
80,357 |
|
Six months ended June 29, 2014:
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|
Net revenues
|
|
$ |
683,171 |
|
|
$ |
89,909 |
|
|
$ |
73,497 |
|
|
$ |
— |
|
|
$ |
846,577 |
|
Income (loss) before income taxes(1)(2)
|
|
|
141,870 |
|
|
|
(10,856 |
) |
|
|
(267 |
) |
|
|
(11,228 |
) |
|
|
119,519 |
|
Six months ended June 30, 2013:
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|
Net revenues
|
|
$ |
503,937 |
|
|
$ |
132,984 |
|
|
$ |
72,335 |
|
|
$ |
— |
|
|
$ |
709,256 |
|
Income (loss) before income taxes(1)(2)
|
|
|
72,372 |
|
|
|
13,916 |
|
|
|
2,309 |
|
|
|
(9,666 |
) |
|
|
78,931 |
|
(1) |
Pension and postretirement actuarial
gains and losses, interest income, and interest expense and other
are included in Corporate and Eliminations. |
(2) |
Included in the income (loss) before
income taxes for each of the segments are charges and credits for
the three and six months ended June 29, 2014 and June 30,
2013 that include restructuring and other, and provision for excess
and obsolete inventory, as follows: |
|
Schedule of Segment Reporting Information by Segment Charges |
Included in the Semiconductor Test segment are charges for the
following:
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|
For the Three Months
Ended |
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|
For the Six Months
Ended |
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|
|
June 29,
2014 |
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|
June 30,
2013 |
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|
June 29,
2014 |
|
|
June 30,
2013 |
|
|
|
(in
thousands) |
|
Cost of revenues—provision for excess and obsolete inventory
|
|
$ |
3,713 |
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|
$ |
287 |
|
|
$ |
9,918 |
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|
$ |
500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Total
|
|
$ |
3,713 |
|
|
$ |
287 |
|
|
$ |
9,918 |
|
|
$ |
500 |
|
|
|
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|
Schedule of Segment Reporting Information by Segment Charges |
Included in the Wireless Test segment are charges for the
following:
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|
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|
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|
For the Three Months
Ended |
|
|
For the Six Months
Ended |
|
|
|
June 29,
2014 |
|
|
June 30,
2013 |
|
|
June 29,
2014 |
|
|
June 30,
2013 |
|
|
|
(in
thousands) |
|
Cost of revenues—provision for excess and obsolete inventory
|
|
$ |
879 |
|
|
$ |
1,398 |
|
|
$ |
3,972 |
|
|
$ |
4,066 |
|
Restructuring and other
|
|
|
426 |
|
|
|
— |
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|
|
426 |
|
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|
— |
|
|
|
|
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|
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|
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|
Total
|
|
$ |
1,305 |
|
|
$ |
1,398 |
|
|
$ |
4,398 |
|
|
$ |
4,066 |
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|
|
Schedule of Segment Reporting Information by Segment Charges |
Included in the System Test segment are charges for 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) |
|
Cost of revenues—provision for excess and obsolete
inventory
|
|
$ |
440 |
|
|
$ |
290 |
|
|
$ |
1,181 |
|
|
$ |
1,209 |
|
Restructuring and other
|
|
|
146 |
|
|
|
131 |
|
|
|
146 |
|
|
|
375 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
586 |
|
|
$ |
421 |
|
|
$ |
1,327 |
|
|
$ |
1,584 |
|
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|