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Computation of Basic and Diluted Net (Loss) Income Per Common Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Sep. 29, 2019
Sep. 30, 2018
Net Income Loss Per Common Share        
Net income for basic and diluted net income per share $ 135,860 $ 119,981 $ 342,395 $ 307,991
Weighted average common shares-basic 169,641 185,744 171,471 190,576
Incremental shares from assumed conversion of convertible notes [1] 5,800 3,025 4,117 3,356
Convertible note hedge warrant shares [2] 3,580 108 1,786 646
Employee stock purchase plan 5 22 13 26
Dilutive potential common shares 10,853 4,761 7,214 5,724
Weighted average common shares-diluted 180,494 190,505 178,685 196,300
Net income per common share-basic $ 0.80 $ 0.65 $ 2.00 $ 1.62
Net income per common share-diluted $ 0.75 $ 0.63 $ 1.92 $ 1.57
Restricted Stock Units        
Net Income Loss Per Common Share        
Incremental shares attributable to share based payment arrangements 1,313 1,331 1,112 1,406
Stock Options        
Net Income Loss Per Common Share        
Incremental shares attributable to share based payment arrangements 155 275 186 290
[1] Incremental shares from assumed conversion of the convertible notes were calculated using the difference between the average Teradyne stock price for the period and the conversion price of $31.70, multiplied by 14.5 million shares. The result of this calculation, representing the total intrinsic value of the convertible debt, was divided by the average Teradyne stock price for the period.
[2] Convertible note hedge warrant shares were calculated using the difference between the average Teradyne stock price for the period and the warrant price of $39.78, multiplied by 14.5 million shares. The result of this calculation, representing the total intrinsic value of the warrant, was divided by the average Teradyne stock price for the period.