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Computation of Basic and Diluted Net Income Per Common Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Net Income Loss Per Common Share    
Net income for basic and diluted net income per share $ 205,512 $ 176,191
Weighted average common shares-basic 166,491 166,589
Incremental shares from assumed conversion of convertible notes [1] 10,310 7,333
Convertible note hedge warrant shares [2] 9,429 5,492
Employee stock purchase plan 7 25
Dilutive potential common shares 21,249 14,147
Weighted average common shares-diluted 187,740 180,736
Net income per common share-basic $ 1.23 $ 1.06
Net income per common share-diluted $ 1.09 $ 0.97
Restricted Stock Units    
Net Income Loss Per Common Share    
Incremental shares attributable to share based payment arrangements 1,395 1,163
Stock Options    
Net Income Loss Per Common Share    
Incremental shares attributable to share based payment arrangements 108 134
[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 $31.55, multiplied by 13.8 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 notes hedge warrant shares were calculated using the difference between the average Teradyne stock price for the period and the warrant price of $39.59, multiplied by 13.8 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.