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Segment Information (Tables)
9 Months Ended
Oct. 02, 2016
Segment Information

Segment information for the three months and nine months ended October 2, 2016 and October 4, 2015 is as follows:

 

    Semiconductor
Test
    System
Test
    Wireless
Test
    Industrial
Automation
    Corporate
and
Eliminations
    Consolidated  
    (in thousands)  

Three Months Ended October 2, 2016

           

Revenues

  $ 322,021      $ 37,030      $ 27,919      $ 23,505      $ —        $ 410,475   

Income (loss) before income taxes (1)(2)

    67,710        1,550        1,049        (4,695     (5,933     59,681   

Total assets (3)

    522,529        90,713        65,953        340,030        1,346,462        2,365,687   

Three Months Ended October 4, 2015

           

Revenues

  $ 325,516      $ 69,062      $ 55,359      $ 16,057      $ —        $ 465,994   

Income (loss) before income taxes (1)(2)

    73,957        13,751        2,997        (4,847     1,550        87,408   

Total assets (3)

    591,445        109,078        447,461        360,068        1,153,832        2,661,884   

Nine Months Ended October 2, 2016

           

Revenues

  $ 1,097,608      $ 139,640      $ 70,660      $ 65,353      $ —        $ 1,373,261   

Income (loss) before income taxes (1)(2)

    262,127        20,033        (375,596     (16,364     (4,145     (113,945

Total assets (3)

    522,529        90,713        65,953        340,030        1,346,462        2,365,687   

Nine Months Ended October 4, 2015

           

Revenues

  $ 996,748      $ 152,320      $ 152,285      $ 19,780      $ —        $ 1,321,133   

Income (loss) before income taxes (1)(2)

    246,627        10,423        (603     (6,547     12,081        261,981   

Total assets (3)

    591,445        109,078        447,461        360,068        1,153,832        2,661,884   

 

(1) Interest income, interest expense, and other (income) expense, net are included in Corporate and Eliminations.
(2) Included in the income (loss) before income taxes for each of the segments are charges related to inventory and other.
(3) Total business assets are directly attributable to each business. Corporate assets consist of cash and cash equivalents, marketable securities and certain other assets.
Semiconductor Test  
Schedule of Segment Reporting Information by Segment Charges

Included in the Semiconductor Test segment are charges in the following line items in the statements of operations:

 

     For the Three Months
Ended
     For the Nine Months
Ended
 
     October 2,
2016
     October 4,
2015
     October 2,
2016
     October 4,
2015
 
     (in thousands)  

Cost of revenues—inventory charge

   $ 2,351       $ 1,697       $ 8,270       $ 8,637   

Restructuring and other

     2,047         194         2,798         499   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 4,398       $ 1,891       $ 11,068       $ 9,136   
  

 

 

    

 

 

    

 

 

    

 

 

 
System Test  
Schedule of Segment Reporting Information by Segment Charges

Included in the System Test segment are charges and credits in the following line items in the statements of operations:

 

     For the Three Months
Ended
     For the Nine Months
Ended
 
     October 2,
2016
     October 4,
2015
     October 2,
2016
     October 4,
2015
 
     (in thousands)  

Cost of revenues—inventory charge

   $ 121       $ 460       $ 441       $ 8,225   

Restructuring and other

     (48      923         (48      923   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 73       $ 1,383       $ 393       $ 9,148   
  

 

 

    

 

 

    

 

 

    

 

 

 
Corporate And Eliminations  
Schedule of Segment Reporting Information by Segment Charges

Included in Corporate and Eliminations are charges and credits in the following line items in the statements of operations:

 

     For the Three Months
Ended
    For the Nine Months
Ended
 
     October 2,
2016
    October 4,
2015
    October 2,
2016
    October 4,
2015
 
     (in thousands)  

Restructuring and other—Universal Robots contingent consideration adjustment

   $ 7,974      $ —        $ 9,902      $ —     

Restructuring and other—Impairment of fixed assets and expenses related to Japan Earthquake

     312        —          5,363        —     

Restructuring and other—Property insurance recovery

     (312     —          (5,363     —     

Restructuring and other—AIT contingent consideration adjustment

     —          (1,000     550        (1,000

Restructuring and other—ZTEC contingent consideration adjustment

     —          —          —          (1,600

Other (income) expense, net—Gain from the sale of an equity investment

     —          —          —          (5,406

Restructuring and other—Universal Robots acquisition costs

     —          144        —          1,104   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ 7,974      $ (856   $ 10,452      $ (6,902
  

 

 

   

 

 

   

 

 

   

 

 

 
Industrial Automation  
Schedule of Segment Reporting Information by Segment Charges

Included in the Industrial Automation segment are charges in the following line items in the statements of operations:

 

     For the Three Months
Ended
     For the Nine Months
Ended
 
     October 2,
2016
     October 4,
2015
     October 2,
2016
     October 4,
2015
 
     (in thousands)  

Cost of revenues—inventory step-up (1)

   $ —         $ 972       $ —         $ 1,567   

Restructuring and other

     532         —           532         —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 532       $ 972       $ 532       $ 1,567   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Included in the cost of revenues for the three and nine months ended October 4, 2015 is the cost for purchase accounting inventory step-up.
Wireless Test  
Schedule of Segment Reporting Information by Segment Charges

Included in the Wireless Test segment are charges in the following line items in the statements of operations:

 

     For the Three Months
Ended
     For the Nine Months
Ended
 
     October 2,
2016
     October 4,
2015
     October 2,
2016
     October 4,
2015
 
     (in thousands)  

Goodwill impairment

   $ —         $ —         $ 254,946       $ —     

Intangible assets impairment

     —           —           83,339         —     

Cost of revenues—inventory charge

     561         901         6,437         2,077   

Restructuring and other

     1,672         —           2,639         —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 2,233       $ 901       $ 347,361       $ 2,077