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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Accumulated Deficit
Balance at Dec. 31, 2016 $ 1,828,659 $ 24,897 $ 1,593,684 $ (20,214) $ 230,292
Balance, Shares at Dec. 31, 2016   199,177      
Net issuance of common stock under stock-based plans 11,024 $ 277 10,747    
Net issuance of common stock under stock-based plans (in shares)   2,211      
Stock-based compensation expense 33,982   33,982    
Repurchase of common stock (200,304) $ (730)     (199,574)
Repurchase of common stock (in shares)   (5,840)      
Tax benefit related to stock options and restricted stock units 39,081       39,081
Cash dividends (55,478)       (55,478)
Net income 257,692       257,692
Other comprehensive loss 38,990     38,990  
Balance at Dec. 31, 2017 1,953,646 $ 24,444 1,638,413 18,776 272,013
Balance, Shares at Dec. 31, 2017   195,548      
Net issuance of common stock under stock-based plans 129 $ 201 (72)    
Net issuance of common stock under stock-based plans (in shares)   1,613      
Stock-based compensation expense 33,304   33,304    
Repurchase of common stock (832,356) $ (2,705)     (829,651)
Repurchase of common stock (in shares)   (21,639)      
Cash dividends (67,367)       (67,367)
Net income 451,779       451,779
Other comprehensive loss (29,460)     (29,460)  
Reclassification of unrealized gains on equity securities       (3,125) 3,125
Reclassification of tax effects resulting from the Tax Reform Act 769 [1]     769 (769)
Balance at Dec. 31, 2018 1,522,354 $ 21,940 1,671,645 (13,040) (158,191)
Balance, Shares at Dec. 31, 2018   175,522      
Cumulative effect of changes in accounting principle related to revenue recognition 12,679       12,679
Net issuance of common stock under stock-based plans 10,622 $ 223 10,399    
Net issuance of common stock under stock-based plans (in shares)   1,784      
Stock-based compensation expense 38,085   38,085    
Repurchase of common stock (491,202) $ (1,362)     (489,840)
Repurchase of common stock (in shares)   (10,896)      
Cash dividends (61,355)       (61,355)
Net income 467,468       467,468
Other comprehensive loss (5,814)     (5,814)  
Balance at Dec. 31, 2019 $ 1,480,158 $ 20,801 $ 1,720,129 $ (18,854) $ (241,918)
Balance, Shares at Dec. 31, 2019   166,410      
[1] In the year ended December 31, 2018, Teradyne early adopted ASU 2018-02, “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” As a result, the stranded tax effects resulting from the Tax Reform Act enacted in December 2017 were reclassified from accumulated other comprehensive income to retained earnings.