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Debt (Tables)
6 Months Ended
Jul. 02, 2017
Components of Convertible Senior Notes

The below tables represent the key components of Teradyne’s convertible senior notes:

 

     July 2,
2017
     December 31,
2016
 
     (in thousands)  

Debt Principal

   $ 460,000      $ 460,000  

Unamortized discount

     100,755        107,331  
  

 

 

    

 

 

 

Net Carrying amount of convertible debt

   $ 359,245      $ 352,669  
  

 

 

    

 

 

 

 

    For the Three Months
Ended

July 2, 2017
    For the Six Months
Ended

July 2, 2017
 
     
    (in thousands)  

Contractual interest expense on the coupon

  $ 1,438     $ 2,875  

Amortization of the discount component and debt issue fees recognized as interest expense

    3,308       6,576  
 

 

 

   

 

 

 

Total interest expense on the convertible debt

  $ 4,746     $ 9,451