Segment Information (Tables)

3 Months Ended

Apr. 02, 2023

Segment Information

Segment information for the three months ended April 2, 2023 and April 3, 2022 is as follows:

	Semiconductor Test		System Test		Robotics			Wireless Test		Corporate and Eliminations			Consolidated
	(in thousands)
Three Months Ended April 2, 2023
Revenues	$	415,009	$	74,631	$	89,214		$	38,675	$	—		$	617,529
Income (loss) before income taxes (1)(2)		96,185		15,275		(18,490	)		9,352		(5,238	)		97,084
Total assets (3)		1,386,851		173,669		676,092			87,875		1,058,920			3,383,407
Three Months Ended April 3, 2022
Revenues	$	482,341	$	118,668	$	103,189		$	51,518	$	(346	)	$	755,370
Income (loss) before income taxes (1)(2)		149,705		41,322		(5,098	)		18,619		(24,189	)		180,359
Total assets (3)		1,296,070		187,283		675,560			113,821		1,336,420			3,609,154

(1) Included in Corporate and Eliminations are: interest income, interest expense, net foreign exchange gains (losses), intercompany eliminations, legal and environmental fees, severance charges, acquisition related charges and compensation and an expense for the modification of Teradyne’s former chief executive officer’s outstanding equity awards.

(2) Included in income (loss) before taxes are charges 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
	April 2,		April 3,
	2023		2022
	(in thousands)
Semiconductor Test:
Cost of revenues—inventory charge	$	3,768	$	—
Restructuring and other—employee severance		794		—
System Test:
Cost of revenues—inventory charge	$	675		—
Robotics:
Cost of revenues—inventory charge	$	782	$	—
Wireless:
Cost of revenues—inventory charge	$	—	$	877
Corporate and Other:
Selling and administrative - equity modification charge	$	5,889	$	—
Restructuring and other—employee severance		659		—
Restructuring and other—legal settlement charge		—		14,700