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Segment Information (Tables)
3 Months Ended
Mar. 29, 2020
Segment Information
Segment information for the three months ended March 29, 2020 and March 31, 2019 is as follows:
                                                 
 
Semiconductor
Test
 
 
System
Test
 
 
Industrial
Automation
 
 
Wireless
Test
 
 
Corporate
and
Other
 
 
Consolidated
 
 
(in thousands)
 
Three Months Ended March 29, 2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
484,489
 
 
$
116,076
 
 
$
60,305
 
 
$
43,485
 
 
$
 
 
$
704,355
 
Income (loss) before taxes (1)(2)
 
 
153,816
 
 
 
48,407
 
 
 
(15,335
)
 
 
10,220
 
 
 
(39
)
 
 
 
197,069
 
Total assets (3)
 
 
921,108
 
 
 
137,056
 
 
 
643,011
 
 
 
106,400
 
 
 
1,012,813
 
 
 
2,820,388
 
Three Months Ended March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
340,853
 
 
$
58,220
 
 
$
66,136
 
 
$
29,041
 
 
$
(151
)
 
$
494,099
 
Income
(
loss
)
before taxes (1)(2)
 
 
83,049
 
 
 
15,340
 
 
 
(5,295
)
 
 
3,628
 
 
 
(2,743
)
 
 
93,979
 
Total assets (3)
 
 
770,967
 
 
 
98,916
 
 
 
596,899
 
 
 
73,066
 
 
 
1,076,795
 
 
 
2,616,643
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(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 income (loss) before taxes are charges and credits related to restructuring and other, and inventory charges.
 
 
 
 
 
 
(3)
Total assets are attributable to each segment. Corporate assets consist of cash and cash equivalents, marketable securities and certain other assets.
 
 
 
 
 
 
 
 
 
 
Schedule of Segment Reporting Information by Segment Charges
Included in each segment are charges and credits in the following line items in the statements of operations:
                 
 
For the Three Months
Ended
 
 
March 29,
 
 
March 31,
 
 
2020
 
 
2019
 
 
(in thousands)
 
Semiconductor Test:
 
 
 
 
 
 
Cost of revenues—inventory charge
 
$
3,026
 
 
$
1,174
 
Industrial Automation:
 
 
 
 
 
 
Restructuring and other—acquisition related expenses and compensation
 
 
618
 
 
 
1,261
 
Corporate and Other:
 
 
 
 
 
 
Restructuring and other—MiR contingent consideration adjustment
 
 
(2,878
)
 
 
3,003
 
Restructuring and other—AutoGuide contingent consideration adjustment
 
 
(7,142
)
 
 
 
Restructuring and other—acquisition related expenses and compensation
 
 
741