Segment Information (Tables)

9 Months Ended

Oct. 02, 2022

Segment information for the three and nine months ended October 2, 2022 and October 3, 2021 is as follows:


	Semiconductor Test		System Test		Industrial Automation			Wireless Test		Corporate and Eliminations			Consolidated
	(in thousands)
Three Months Ended October 2, 2022

Revenues	$	575,704	$	116,154	$	89,067		$	46,148	$	—		$	827,073
Income (loss) before income taxes (1)(2)		182,625		40,201		(3,992	)		12,647		(5,284	)		226,197
Total assets (3)		1,366,478		192,684		614,558			110,484		1,035,702			3,319,906
Three Months Ended October 3, 2021
Revenues	$	688,232	$	102,605	$	91,014		$	68,713	$	(63	)	$	950,501
Income (loss) before income taxes (1)(2)		265,017		31,773		(4,226	)		31,726		(26,535	)		297,755
Total assets (3)		1,251,549		147,970		696,792			119,568		1,546,303			3,762,182
Nine Months Ended October 2, 2022
Revenues	$	1,599,392	$	369,525	$	292,772		$	161,520	$	—		$	2,423,209
Income (loss) before income taxes (1)(2)		510,112		135,566		(15,496	)		56,659		(41,693	)		645,148
Total assets (3)		1,366,478		192,684		614,558			110,484		1,035,702			3,319,906
Nine Months Ended October 3, 2021
Revenues	$	2,050,271	$	340,261	$	263,151		$	164,504	$	(352	)	$	2,817,835
Income (loss) before income taxes (1)(2)		778,687		116,788		(14,586	)		63,810		(38,925	)		905,774
Total assets (3)		1,251,549		147,970		696,792			119,568		1,546,303			3,762,182

(1)

Included in Corporate and Eliminations are: legal and environmental fees, contingent consideration fair value adjustments, interest income, interest expense, severance charges, net foreign exchange gains (losses), acquisition related charges and compensation, pension, intercompany eliminations and for the three and nine months ended October 3, 2021, loss on convertible debt conversions.

(2)	Included in income (loss) before taxes are charges and credits related to restructuring and other, inventory charges and, for the three and nine months ended October 3, 2021, loss on convertible debt conversions.

(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				For the Nine Months Ended
	October 2, 2022		October 3, 2021		October 2, 2022		October 3, 2021
	(in thousands)
Semiconductor Test:
Cost of revenues—inventory charge	$	10,829	$	3,725	$	13,144	$	4,959
Industrial Automation:
Restructuring and other—employee severance	$	1,074	$	—	$	1,616	$	965
Cost of revenues—inventory charge		—		3,656		1,411		4,941
Restructuring and other—acquisition related expenses and compensation		—		—		—		825
Wireless:
Cost of revenues—inventory charge	$	966	$	679	$	3,942	$	1,351
System Test:
Cost of revenues—inventory charge	$	—	$	—	$	—	$	524
Corporate and Eliminations:
Restructuring and other—other	$	700	$	—	$	2,700	$	1,846
Restructuring and other—legal settlement charge		—		—		14,700		—
Other (income) expense, net—loss on convertible debt conversions		—		20,153		—		25,397
Restructuring and other—AutoGuide contingent consideration adjustment		—		—		—		(7,227	)
Restructuring and other—acquisition related expenses and compensation		—		—		—		(513	)