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Segment Information (Table)
3 Months Ended
Mar. 31, 2019
Segment Information Segment information for the three months ended March 31, 2019 and April 1, 2018 is as follows:
 
 
 
Semiconductor

Test
 
 
Industrial

Automation
 
 
System

Test
 
 
Wireless

Test
 
 
Corporate

and

Other
 
 
Consolidated
 
 
 
(in thousands)
 
Three Months Ended March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
340,853
 
 
$
66,136
 
 
$
58,220
 
 
$
29,041
 
 
$
(151
)
 
$
494,099
 
Income (loss) before income taxes (1)(2)
 
 
83,049
 
 
 
5,295
 
 
 
15,340
 
 
 
3,628
 
 
 
2,743
 
 
 
93,979
 
Total assets (3)
 
 
770,967
 
 
 
596,899
 
 
 
98,916
 
 
 
73,066
 
 
 
1,076,795
 
 
 
2,616,643
 
Three Months Ended April 1, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
373,328
 
 
$
48,834
 
 
$
43,019
 
 
$
22,507
 
 
$
(221
)
 
$
487,467
 
Income before income taxes (1)(2)
 
 
88,079
 
 
 
784
 
 
 
5,888
 
 
 
464
 
 
 
605
 
 
 
95,820
 
Total assets (3)
 
 
758,737
 
 
 
406,557
 
 
 
90,785
 
 
 
59,739
 
 
 
1,679,375
 
 
 
2,995,193
 
 
   
(1)
Included in Corporate and Other are: contingent consideration adjustments, severance charges, interest income, interest expense, net foreign exchange gains (losses), intercompany eliminations and acquisition related charges.
(2)
Included in the income (loss) before income taxes for each of the segments are charges and credits related to restructuring and other and inventory charges.
(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
 
 
 
March 31,

2019
 
 
April 1,

2018
 
 
 
(in thousands)
 
Cost of revenues—inventory charge
 
$
1,174
 
 
$
2,166
 
Restructuring and other—employee severance
 
 
567
 
 
 
3,761
 
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
 
 
 
March 31,

2019
 
 
April 1,

2018
 
 
 
(in thousands)
 
Restructuring and other—acquisition related expenses and compensation
 
$
1,261
 
 
$
 
Cost of revenues—inventory charge
 
 
416
 
 
 
200
 
System Test  
Schedule of Segment Reporting Information by Segment Charges
Included in the System Test segment are charges in the following line item in the statements of operations:
 
 
For the Three Months

Ended
 
 
 
March 31,

2019
 
 
April 1,

2018
 
 
 
(in thousands)
 
Cost of revenues—inventory charge
 
$
468
 
 
$
320
 
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
 
 
 
March 31,

2019
 
 
April 1,

2018
 
 
 
(in thousands)
 
Cost of revenues—inventory charge
 
$
339
 
 
$
836
 
 
Corporate and Other [Member]  
Schedule of Segment Reporting Information by Segment Charges
Included in Corporate and Other are charges and credits in the following line items in the statements of operations:
 
 
 
 
For the Three Months 

Ended
 
 
 
March 31,

2019
 
 
April 1,

2018
 
 
 
(in thousands)
 
Restructuring and other—MiR contingent consideration adjustment
 
$
3,003
 
 
$
 
Restructuring and other—Universal Robots contingent consideration adjustment
 
 
 
 
 
(4,968
)
Restructuring and other—acquisition related expenses
 
 
 
 
 
774