XML 147 R24.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Restructuring and Other
12 Months Ended
Dec. 31, 2019
Restructuring and Other
O.    RESTRUCTURING AND OTHER
During the year ended December 31, 2019, Teradyne recorded
a gain
 of $
22.2
 million
for the
decrease
 in the fair value of the MiR contingent consideration liability
, parti
a
lly o
ffset by
a
 $3.0 million
 increase in the fair value
of the
 AutoGuide contingent consideration
 liability
,
$2.9 million
 of severance charges related to headcount reductions primarily in Semiconductor Test and
Industrial Automation, and $2.5
 million for acquisition related expenses and compensation
.
During the year ended December 31, 2018, Teradyne recorded an expense of $17.7 million for the increase in the fair value of the MiR contingent consideration liability, $8.7 million of severance charges related to headcount reductions primarily in Semiconductor Test, and $4.5 million for acquisition related expenses and compensation, partially offset by a gain of $
16.7
 million for the decrease in the fair value of the Universal Robots contingent consideration liability.
During the year ended December 31, 2017, Teradyne recorded an expense of $7.8 million for the increase in the fair value of the Universal Robots contingent consideration liability, $3.8 million of severance charges related to headcount reductions primarily in Semiconductor Test, $1.1 million for an impairment of fixed assets in Semiconductor Test, $1.0 million for a lease impairment of a Wireless Test facility in Sunnyvale, CA, which was terminated in September 2017, and $0.8 million of expenses related to an earthquake in Kumamoto, Japan, partially offset by $5.1 million of property insurance recovery related to the Japan earthquake.