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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 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Net Income Loss Per Common Share        
Net income for basic and diluted net income per share $ 256,718 $ 222,718 $ 790,549 $ 587,815
Weighted average common shares-basic 164,583 166,014 165,690 166,131
Convertible note hedge warrant shares [1] 9,819 7,775 9,774 6,364
Incremental shares from assumed conversion of convertible notes [2] 6,464 9,156 8,784 8,029
Employee stock purchase plan 13 15 10 13
Dilutive potential common shares 17,404 18,324 19,802 15,646
Weighted average common shares-diluted 181,987 184,338 185,492 181,777
Net income per common share-basic $ 1.56 $ 1.34 $ 4.77 $ 3.54
Net income per common share-diluted $ 1.41 $ 1.21 $ 4.26 $ 3.23
Restricted Stock Units        
Net Income Loss Per Common Share        
Incremental shares attributable to share based payment arrangements 1,035 1,237 1,147 1,104
Stock Options        
Net Income Loss Per Common Share        
Incremental shares attributable to share based payment arrangements 73 141 87 136
[1] Convertible notes hedge warrant shares were calculated using the difference between the average Teradyne stock price for the period and the warrant price of $39.56 and $39.58, multiplied by 14.6 million shares and 14.6 million shares for the three and nine months ended October 3, 2021, respectively. The result of this calculation, representing the total intrinsic value of the warrant, was divided by the average Teradyne stock price for the period.
[2] 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 $31.53 and $31.54, multiplied by 8.7 million shares and 11.7 million shares, for the three and nine months ended October 3, 2021, respectively. 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.