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Retirement Plans (Tables)
3 Months Ended
Mar. 29, 2020
Defined Benefit Pension Plans  
Net Periodic Pension and Postretirement Benefit Costs
For the three months ended March 29, 2020 and March 31, 2019, Teradyne’s net periodic pension cost was comprised of the following:
                                 
 
For the Three Months Ended
 
 
March 29, 2020
   
March 31, 2019
 
 
United
States
 
 
Foreign
 
 
United
States
 
 
Foreign
 
 
(in thousands)
 
Service cost
  $
433
    $
201
    $
405
    $
188
 
Interest cost
   
1,522
     
115
     
1,795
     
173
 
Expected return on plan assets
   
(1,233
)    
(15
)    
(1,511
)    
(7
)
                                 
Total net periodic pension cost
  $
722
    $
301
    $
689
    $
354
 
                                 
 
Postretirement Benefit Plans  
Net Periodic Pension and Postretirement Benefit Costs
For the three months ended March 29, 2020 and March 31, 2019, Teradyne’s net periodic postretirement benefit cost was comprised of the following:
                 
 
For the Three Months
Ended
 
 
March 29,
 
 
March 31,
 
 
2020
 
 
2019
 
 
(in thousands)
 
Service cost
 
$
11
 
 
$
9
 
Interest cost
 
 
62
 
 
 
85
 
Amortization of prior service credit
 
 
(2
)
 
 
(48
)
 
 
 
 
 
 
 
 
 
Total net periodic postretirement benefit cost
 
$
71
 
 
$
46