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Debt (Tables)
6 Months Ended
Jul. 01, 2018
Components of Convertible Senior Notes

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

 

     July 1,
2018
     December 31,
2017
 
     (in thousands)  

Debt principal

   $ 460,000      $ 460,000  

Unamortized discount

     87,103        94,013  
  

 

 

    

 

 

 

Net carrying amount of convertible debt

   $ 372,897      $ 365,987  
  

 

 

    

 

 

 

 

     For the Three Months
Ended
     For the Six Months
Ended
 
     July 1,
2018
     July 2,
2017
     July 1,
2018
     July 2,
2017
 
     (in thousands)  

Contractual interest expense on the coupon

   $ 1,438      $ 1,438      $ 2,875      $ 2,875  

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

     3,477        3,308        6,911        6,576  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total interest expense on the convertible debt

   $ 4,915      $ 4,746      $ 9,786      $ 9,451