$TER
TERADYNE, INC

2023 Q4 Form 10-Q Financial Statement

#000095017023058679 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4
Revenue $703.7M
YoY Change -14.91%
Cost Of Revenue $305.4M
YoY Change -10.61%
Gross Profit $398.3M
YoY Change -17.94%
Gross Profit Margin 56.6%
Selling, General & Admin $138.3M
YoY Change 1.99%
% of Gross Profit 34.73%
Research & Development $104.4M
YoY Change -6.54%
% of Gross Profit 26.22%
Depreciation & Amortization $28.13M
YoY Change -0.81%
% of Gross Profit 7.06%
Operating Expenses $254.3M
YoY Change 0.89%
Operating Profit $144.0M
YoY Change -38.29%
Interest Expense $963.0K
YoY Change -118.14%
% of Operating Profit 0.67%
Other Income/Expense, Net -$5.602M
YoY Change -4.22%
Pretax Income $144.3M
YoY Change -36.21%
Income Tax $16.16M
% Of Pretax Income 11.2%
Net Earnings $128.1M
YoY Change -30.18%
Net Earnings / Revenue 18.21%
Basic Earnings Per Share $0.83
Diluted Earnings Per Share $0.78
COMMON SHARES
Basic Shares Outstanding 153.8K
Diluted Shares Outstanding 164.1K

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $716.5M
YoY Change -7.67%
Cash & Equivalents $637.0M
Short-Term Investments $79.57M
Other Short-Term Assets $10.95M
YoY Change -97.85%
Inventory $322.6M
Prepaid Expenses $593.4M
Receivables $455.9M
Other Receivables $0.00
Total Short-Term Assets $2.099B
YoY Change -1.33%
LONG-TERM ASSETS
Property, Plant & Equipment $436.4M
YoY Change -8.43%
Goodwill $401.1M
YoY Change 6.74%
Intangibles $39.17M
YoY Change -29.53%
Long-Term Investments $103.9M
YoY Change -6.42%
Other Assets $37.58M
YoY Change -78.32%
Total Long-Term Assets $1.271B
YoY Change 6.62%
TOTAL ASSETS
Total Short-Term Assets $2.099B
Total Long-Term Assets $1.271B
Total Assets $3.371B
YoY Change 1.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $176.1M
YoY Change 4.85%
Accrued Expenses $295.9M
YoY Change -5.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $23.53M
YoY Change 61.2%
Total Short-Term Liabilities $640.7M
YoY Change -8.73%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change -100.0%
Other Long-Term Liabilities $288.5M
YoY Change -7.64%
Total Long-Term Liabilities $288.5M
YoY Change -20.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $640.7M
Total Long-Term Liabilities $288.5M
Total Liabilities $929.4M
YoY Change -12.8%
SHAREHOLDERS EQUITY
Retained Earnings $653.9M
YoY Change 14.19%
Common Stock $1.835B
YoY Change 3.91%
Preferred Stock
YoY Change
Treasury Stock (at cost) $349.3M
YoY Change -74.17%
Treasury Stock Shares
Shareholders Equity $2.441B
YoY Change
Total Liabilities & Shareholders Equity $3.371B
YoY Change 1.53%

Cashflow Statement

Concept 2023 Q4
OPERATING ACTIVITIES
Net Income $128.1M
YoY Change -30.18%
Depreciation, Depletion And Amortization $28.13M
YoY Change -0.81%
Cash From Operating Activities $174.3M
YoY Change -35.81%
INVESTING ACTIVITIES
Capital Expenditures $34.60M
YoY Change -188.89%
Acquisitions
YoY Change
Other Investing Activities $7.068M
YoY Change -94.9%
Cash From Investing Activities -$27.54M
YoY Change -127.6%
FINANCING ACTIVITIES
Cash Dividend Paid $16.90M
YoY Change -1.17%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -127.6M
YoY Change -45.01%
NET CHANGE
Cash From Operating Activities 174.3M
Cash From Investing Activities -27.54M
Cash From Financing Activities -127.6M
Net Change In Cash 19.20M
YoY Change -86.22%
FREE CASH FLOW
Cash From Operating Activities $174.3M
Capital Expenditures $34.60M
Free Cash Flow $139.7M
YoY Change -55.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0000097210
dei Amendment Flag
AmendmentFlag
false
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-10-01
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-06462
dei Entity Registrant Name
EntityRegistrantName
TERADYNE, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MA
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-2272148
dei Entity Address Address Line1
EntityAddressAddressLine1
600 Riverpark Drive
dei Entity Address City Or Town
EntityAddressCityOrTown
North Reading
dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
01864
dei City Area Code
CityAreaCode
978
dei Local Phone Number
LocalPhoneNumber
370-2700
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
TER
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
152878728
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
636961000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
854773000
CY2023Q4 ter Available For Sale Debt And Equity Securities Current
AvailableForSaleDebtAndEquitySecuritiesCurrent
79570000
CY2022Q4 ter Available For Sale Debt And Equity Securities Current
AvailableForSaleDebtAndEquitySecuritiesCurrent
39612000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2191000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1955000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
455878000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
491145000
CY2023Q4 us-gaap Inventory Net
InventoryNet
322632000
CY2022Q4 us-gaap Inventory Net
InventoryNet
325019000
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
593366000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
532962000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
10952000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
14404000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
2099359000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2257915000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
436449000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
418683000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
78978000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
73734000
CY2023Q4 ter Available For Sale Debt And Equity Securities Non Current
AvailableForSaleDebtAndEquitySecuritiesNonCurrent
103911000
CY2022Q4 ter Available For Sale Debt And Equity Securities Non Current
AvailableForSaleDebtAndEquitySecuritiesNonCurrent
110777000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
162669000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
142784000
CY2023Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
11403000
CY2022Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
11761000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37581000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
28925000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
39165000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
53478000
CY2023Q4 us-gaap Goodwill
Goodwill
401140000
CY2022Q4 us-gaap Goodwill
Goodwill
403195000
CY2023Q4 us-gaap Assets
Assets
3370655000
CY2022Q4 us-gaap Assets
Assets
3501252000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
176117000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
139722000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
155246000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
212266000
CY2023Q4 ter Deferred Revenue And Customer Advances Current
DeferredRevenueAndCustomerAdvancesCurrent
109445000
CY2022Q4 ter Deferred Revenue And Customer Advances Current
DeferredRevenueAndCustomerAdvancesCurrent
148285000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
122609000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
112271000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18026000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18594000
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
35687000
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
65010000
CY2023Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
23529000
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
50115000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
640659000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
746263000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
123244000
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
116005000
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
34405000
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
45131000
CY2023Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
17114000
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
15981000
CY2023Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
238000
CY2022Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
3267000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
69364000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
64176000
CY2023Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
44331000
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
59135000
CY2023Q4 us-gaap Liabilities
Liabilities
929355000
CY2022Q4 us-gaap Liabilities
Liabilities
1049958000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.125
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.125
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
153235000
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
153235000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
155759000
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
155759000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
19154000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
19470000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1816137000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1755963000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-47928000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-49868000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
653937000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
725729000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2441300000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2451294000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3370655000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3501252000
CY2023Q4 us-gaap Revenues
Revenues
703732000
CY2022Q4 us-gaap Revenues
Revenues
827073000
us-gaap Revenues
Revenues
2005699000
us-gaap Revenues
Revenues
2423209000
CY2023Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
305441000
CY2022Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
341694000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
848495000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
976508000
CY2023Q4 us-gaap Gross Profit
GrossProfit
398291000
CY2022Q4 us-gaap Gross Profit
GrossProfit
485379000
us-gaap Gross Profit
GrossProfit
1157204000
us-gaap Gross Profit
GrossProfit
1446701000
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
138330000
CY2022Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
135632000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
434979000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
415351000
CY2023Q4 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
104413000
CY2022Q4 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
111715000
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
315881000
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
331781000
CY2023Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4720000
CY2022Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4729000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14348000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14663000
CY2023Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
6856000
CY2022Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1796000
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
15251000
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
19554000
CY2023Q4 us-gaap Operating Expenses
OperatingExpenses
254319000
CY2022Q4 us-gaap Operating Expenses
OperatingExpenses
253872000
us-gaap Operating Expenses
OperatingExpenses
780459000
us-gaap Operating Expenses
OperatingExpenses
781349000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
143972000
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
231507000
us-gaap Operating Income Loss
OperatingIncomeLoss
376745000
us-gaap Operating Income Loss
OperatingIncomeLoss
665352000
CY2023Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
6873000
CY2022Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1318000
us-gaap Investment Income Interest
InvestmentIncomeInterest
18486000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2972000
CY2023Q4 us-gaap Interest Expense
InterestExpense
963000
CY2022Q4 us-gaap Interest Expense
InterestExpense
779000
us-gaap Interest Expense
InterestExpense
2994000
us-gaap Interest Expense
InterestExpense
2704000
CY2023Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5602000
CY2022Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5849000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6470000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-20472000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
144280000
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
226197000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
385767000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
645148000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16164000
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
42712000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54069000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
101948000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
128116000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
183485000
us-gaap Net Income Loss
NetIncomeLoss
331698000
us-gaap Net Income Loss
NetIncomeLoss
543200000
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.41
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.17
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153762
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156364
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154809
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
159325
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164050
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
166733
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165037
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171156
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
128116000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
183485000
us-gaap Net Income Loss
NetIncomeLoss
331698000
us-gaap Net Income Loss
NetIncomeLoss
543200000
CY2023Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2023Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-14325000
CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-28951000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2073000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-66258000
CY2023Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-731000
CY2022Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-997000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-408000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-3570000
CY2023Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2628000
CY2022Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3581000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-903000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-13491000
CY2023Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
CY2022Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-11000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
9000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
48000
CY2023Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0
CY2022Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-177000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-33000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-386000
CY2023Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2628000
CY2022Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-3404000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-870000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-13105000
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
728000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1816000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2590000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
537000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
6456000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
537000
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
869000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
441000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
3091000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1567000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-501000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
537000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
4889000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
537000
CY2023Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
CY2022Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-1000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-2000
CY2023Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-2000
CY2022Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-2000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-6000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-5000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17456000
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-31820000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1940000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-78831000
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
110660000
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
151665000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
333638000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
464369000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2434883000
CY2023Q4 ter Stock Issued During Period Value Share Based Compensation Net Of Shares Withheld For Taxes
StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes
17206000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14367000
CY2023Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
118907000
CY2023Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.11
CY2023Q4 us-gaap Dividends Cash
DividendsCash
16909000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
0
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
128116000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17456000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2441300000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
2298596000
CY2022Q4 ter Stock Issued During Period Value Share Based Compensation Net Of Shares Withheld For Taxes
StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes
12052000
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13194000
CY2022Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
204201000
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.11
CY2022Q4 us-gaap Dividends Cash
DividendsCash
17149000
CY2022Q4 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-32000
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
0
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
183485000
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-31820000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2254125000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2451294000
ter Stock Issued During Period Value Share Based Compensation Net Of Shares Withheld For Taxes
StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes
13503000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
46775000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
352791000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
us-gaap Dividends Cash
DividendsCash
51119000
us-gaap Net Income Loss
NetIncomeLoss
331698000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1940000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2441300000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2562444000
ter Stock Issued During Period Value Share Based Compensation Net Of Shares Withheld For Taxes
StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes
-4192000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
39056000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
750000000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
us-gaap Dividends Cash
DividendsCash
52617000
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-213000
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
1512000
ter Stockholders Equity Note Cumulative Effect Of Change In Accounting Principle Related To Convertible Debt
StockholdersEquityNoteCumulativeEffectOfChangeInAccountingPrincipleRelatedToConvertibleDebt
-6234000
us-gaap Net Income Loss
NetIncomeLoss
543200000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-78831000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2254125000
us-gaap Profit Loss
ProfitLoss
331698000
us-gaap Profit Loss
ProfitLoss
543200000
us-gaap Depreciation
Depreciation
68858000
us-gaap Depreciation
Depreciation
67902000
us-gaap Share Based Compensation
ShareBasedCompensation
45236000
us-gaap Share Based Compensation
ShareBasedCompensation
37420000
us-gaap Inventory Write Down
InventoryWriteDown
23069000
us-gaap Inventory Write Down
InventoryWriteDown
18929000
us-gaap Adjustment For Amortization
AdjustmentForAmortization
14083000
us-gaap Adjustment For Amortization
AdjustmentForAmortization
15012000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-24026000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-28373000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
3159000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-11436000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
13000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-740000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-30191000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4248000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6395000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
68817000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
63982000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
94331000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
3999000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-71682000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-49517000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-5896000
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-3698000
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-3897000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-42683000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-31370000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
336451000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
394521000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
115306000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128672000
ter Payments To Acquire Available For Sale Securities Debt And Equity
PaymentsToAcquireAvailableForSaleSecuritiesDebtAndEquity
137786000
ter Payments To Acquire Available For Sale Securities Debt And Equity
PaymentsToAcquireAvailableForSaleSecuritiesDebtAndEquity
267175000
ter Payments For Issuance Of Convertible Loans
PaymentsForIssuanceOfConvertibleLoans
5000000
ter Payments For Issuance Of Convertible Loans
PaymentsForIssuanceOfConvertibleLoans
0
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
71447000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
182092000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
36963000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
259200000
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
-460000
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-149222000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
45445000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
346492000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
750000000
us-gaap Payments Of Dividends
PaymentsOfDividends
51081000
us-gaap Payments Of Dividends
PaymentsOfDividends
52578000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
26735000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
52005000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20586000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
32987000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
34084000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
28733000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-410810000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-858837000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5769000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7418000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-217812000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-411453000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
854773000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1122199000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
636961000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
710746000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2392000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2349000
us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">A. THE COMPANY</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Teradyne, Inc. (“Teradyne”) is a leading global supplier of automated test equipment and robotics solutions. Teradyne designs, develops, manufactures and sells automatic test systems and robotics products. Teradyne’s automatic test systems are used to test semiconductors, wireless products, data storage and complex electronics systems in many industries including consumer electronics, wireless, automotive, industrial, computing, communications, and aerospace and defense industries. Teradyne’s robotics products include collaborative robotic arms and autonomous mobile robots (“AMRs”) used by global manufacturing, logistics and industrial customers to improve quality, increase manufacturing and material handling efficiency and decrease manufacturing and logistics costs. Teradyne’s automatic test equipment and robotics products and services include:</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><div style="margin-left:0.33958333333333335in;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.7521786492374725%;">•</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">semiconductor test (“Semiconductor Test”) systems; </span></div></div><div style="margin-left:0.33958333333333335in;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.7521786492374725%;">•</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">storage and system level test (“Storage Test”) systems, defense/aerospace (“Defense/Aerospace”) test instrumentation and systems, and circuit-board test and inspection (“Production Board Test”) systems (collectively these products represent “System Test”); </span></div></div><div style="margin-left:0.33958333333333335in;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.7521786492374725%;">•</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">wireless test (“Wireless Test”) systems; and </span></div></div><div style="margin-left:0.33958333333333335in;text-indent:0;display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.3402777777777778in;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.7521786492374725%;">•</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">robotics (“Robotics”) products. </span></div></div>
CY2022Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
56180000
CY2023Q4 ter Deferred Revenue And Customer Advances Undelivered Elements And Other
DeferredRevenueAndCustomerAdvancesUndeliveredElementsAndOther
39287000
CY2022Q4 ter Deferred Revenue And Customer Advances Undelivered Elements And Other
DeferredRevenueAndCustomerAdvancesUndeliveredElementsAndOther
59147000
CY2023Q4 ter Deferred Revenue And Customer Advances
DeferredRevenueAndCustomerAdvances
143850000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
9300000
CY2023Q4 us-gaap Revenues
Revenues
703732000
CY2023Q4 us-gaap Revenues
Revenues
703732000
CY2022Q4 us-gaap Revenues
Revenues
827073000
CY2022Q4 us-gaap Revenues
Revenues
827073000
us-gaap Revenues
Revenues
2005699000
us-gaap Revenues
Revenues
2005699000
us-gaap Revenues
Revenues
2423209000
us-gaap Revenues
Revenues
2423209000
CY2023Q4 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
1400000
CY2022Q4 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
1800000
us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
3900000
us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
5900000
CY2023Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
21900000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
91300000
CY2022Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
27100000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
87300000
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1133000000
CY2023Q4 ter Deferred Revenue And Customer Advances Maintenance Service And Training
DeferredRevenueAndCustomerAdvancesMaintenanceServiceAndTraining
65720000
CY2022Q4 ter Deferred Revenue And Customer Advances Maintenance Service And Training
DeferredRevenueAndCustomerAdvancesMaintenanceServiceAndTraining
78089000
CY2023Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
38843000
ter Foreign Currency Transactionloss Unrealized
ForeignCurrencyTransactionlossUnrealized
11100000
CY2022Q4 ter Deferred Revenue And Customer Advances
DeferredRevenueAndCustomerAdvances
193416000
CY2023Q4 ter Trade Accounts Receivable
TradeAccountsReceivable
94100000
CY2022Q4 ter Trade Accounts Receivable
TradeAccountsReceivable
15900000
ter Trade Accounts Receivable
TradeAccountsReceivable
191200000
ter Trade Accounts Receivable
TradeAccountsReceivable
73000000
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
243402000
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
256065000
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
40128000
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
37982000
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
39102000
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
30972000
CY2023Q4 us-gaap Inventory Net
InventoryNet
322632000
CY2022Q4 us-gaap Inventory Net
InventoryNet
325019000
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
145400000
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
136800000
CY2023Q4 ter Available For Sale Securities Gross Realized Gain
AvailableForSaleSecuritiesGrossRealizedGain
100000
ter Available For Sale Securities Gross Realized Gain
AvailableForSaleSecuritiesGrossRealizedGain
600000
CY2022Q4 ter Available For Sale Securities Gross Realized Gain
AvailableForSaleSecuritiesGrossRealizedGain
100000
ter Available For Sale Securities Gross Realized Gain
AvailableForSaleSecuritiesGrossRealizedGain
600000
CY2023Q4 ter Available For Sale Securities Gross Realized Loss
AvailableForSaleSecuritiesGrossRealizedLoss
0
ter Available For Sale Securities Gross Realized Loss
AvailableForSaleSecuritiesGrossRealizedLoss
300000
CY2022Q4 ter Available For Sale Securities Gross Realized Loss
AvailableForSaleSecuritiesGrossRealizedLoss
300000
ter Available For Sale Securities Gross Realized Loss
AvailableForSaleSecuritiesGrossRealizedLoss
900000
CY2023Q4 ter Foreign Currency Transaction Gain Unrealized
ForeignCurrencyTransactionGainUnrealized
0
ter Foreign Currency Transaction Gain Unrealized
ForeignCurrencyTransactionGainUnrealized
4600000
CY2023Q4 ter Foreign Currency Transactionloss Unrealized
ForeignCurrencyTransactionlossUnrealized
1700000
ter Foreign Currency Transactionloss Unrealized
ForeignCurrencyTransactionlossUnrealized
1700000
CY2022Q4 ter Foreign Currency Transactionloss Unrealized
ForeignCurrencyTransactionlossUnrealized
2300000
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
154129000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
44000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
12692000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
141481000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
119468000
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
154129000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
44000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
12692000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
141481000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
119468000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
123839000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
73000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
11041000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
112871000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
99763000
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
123839000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
73000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
11041000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
112871000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
99763000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
54300000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
65100000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
66300000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
33400000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
80145000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
79570000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
20012000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
19257000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
6858000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
6128000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
38390000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
28290000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
145405000
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
133245000
CY2023Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
137500000
CY2022Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
150700000
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
4070000
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-4129000
CY2023Q4 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
5300000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
12300000
CY2022Q4 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1600000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
9500000
CY2016Q4 us-gaap Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
5
ter Debt Instrument Issuance Costs Amortization Period
DebtInstrumentIssuanceCostsAmortizationPeriod
P7Y
CY2023Q4 ter Contractual Interest Expense On Coupon
ContractualInterestExpenseOnCoupon
74000
CY2022Q4 ter Contractual Interest Expense On Coupon
ContractualInterestExpenseOnCoupon
159000
ter Contractual Interest Expense On Coupon
ContractualInterestExpenseOnCoupon
312000
ter Contractual Interest Expense On Coupon
ContractualInterestExpenseOnCoupon
592000
CY2023Q4 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0
CY2022Q4 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
43000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
113000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
173000
CY2023Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
74000
CY2022Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
202000
us-gaap Interest Expense Debt
InterestExpenseDebt
425000
us-gaap Interest Expense Debt
InterestExpenseDebt
765000
CY2023Q4 ter Long Term Debt Maturities Repayments Of Principal Interest Payments In Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalInterestPaymentsInRemainderOfFiscalYear
100000
CY2020Q2 us-gaap Long Term Debt Term
LongTermDebtTerm
P3Y
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
400000000
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
750000000
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
400000000
CY2023Q4 us-gaap Line Of Credit Facility Capacity Available For Specific Purpose Other Than For Trade Purchases
LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases
200000000
ter Available Incremental Amount Under The Credit Facility Not To Exceed Percentage Of Consolidated Ebidta
AvailableIncrementalAmountUnderTheCreditFacilityNotToExceedPercentageOfConsolidatedEbidta
0.15
CY2023Q4 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5892000
CY2022Q4 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6181000
us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
The interest rate applicable to loans under the Credit Facility are, at Teradyne’s option, equal to either a base rate plus a margin ranging from 0.00% to 0.75% per annum or SOFR plus a margin ranging from 1.10% to 1.85% per annum, based on the consolidated leverage ratio of Teradyne. In addition, Teradyne will pay a commitment fee on the unused portion of the commitments under the Credit Facility ranging from 0.15% to 0.25% per annum, based on the then applicable consolidated leverage ratio.
CY2023Q4 ter Contract Manufacturer And Supplier Prepayments
ContractManufacturerAndSupplierPrepayments
556369000
CY2022Q4 ter Contract Manufacturer And Supplier Prepayments
ContractManufacturerAndSupplierPrepayments
491105000
CY2023Q4 us-gaap Prepaid Taxes
PrepaidTaxes
18633000
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
18625000
CY2023Q4 ter Prepaid Maintenance And Other Services
PrepaidMaintenanceAndOtherServices
8655000
CY2022Q4 ter Prepaid Maintenance And Other Services
PrepaidMaintenanceAndOtherServices
14545000
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
9709000
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
8687000
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
593366000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
532962000
CY2023Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
12543000
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
16036000
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14181000
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
24577000
CY2023Q4 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8859000
CY2022Q4 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4930000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
16237000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
15460000
CY2023Q4 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-795000
CY2022Q4 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-654000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-1552000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-5024000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
14151000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20882000
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14715000
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14131000
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14715000
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14131000
CY2023Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
44422000
CY2022Q3 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
65791000
CY2022Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
56180000
CY2021Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
64168000
CY2023Q4 us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
2734000
CY2022Q4 us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
6987000
us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
11615000
us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
28550000
CY2023Q4 us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
8313000
CY2022Q4 us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
10858000
us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
28952000
us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
30798000
CY2023Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
38843000
CY2022Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
61920000
CY2023Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
38843000
CY2022Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
61920000
ter Shareholder Return Award Performance Measurement Period
ShareholderReturnAwardPerformanceMeasurementPeriod
P3Y
CY2023Q4 us-gaap Share Price
SharePrice
104.15
CY2022Q4 us-gaap Share Price
SharePrice
112.12
CY2022Q4 ter Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2022Q4 ter Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentTax
-2308000
CY2022Q4 ter Accumulated Other Comprehensive Income Unrealized Gains On Cash Flow Hedge Adjustment Tax
AccumulatedOtherComprehensiveIncomeUnrealizedGainsOnCashFlowHedgeAdjustmentTax
-708000
CY2022Q4 ter Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
-1130000
CY2023Q4 ter Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2023Q4 ter Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentTax
-2707000
CY2023Q4 ter Accumulated Other Comprehensive Income Unrealized Gains On Cash Flow Hedge Adjustment Tax
AccumulatedOtherComprehensiveIncomeUnrealizedGainsOnCashFlowHedgeAdjustmentTax
667000
CY2023Q4 ter Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
-1131000
CY2021Q4 ter Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2021Q4 ter Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentTax
1055000
CY2021Q4 ter Accumulated Other Comprehensive Income Unrealized Gains On Cash Flow Hedge Adjustment Tax
AccumulatedOtherComprehensiveIncomeUnrealizedGainsOnCashFlowHedgeAdjustmentTax
0
CY2021Q4 ter Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
-1128000
CY2022Q4 ter Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2022Q4 ter Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentTax
-2467000
CY2022Q4 ter Accumulated Other Comprehensive Income Unrealized Gains On Cash Flow Hedge Adjustment Tax
AccumulatedOtherComprehensiveIncomeUnrealizedGainsOnCashFlowHedgeAdjustmentTax
0
CY2022Q4 ter Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansTax
-1130000
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
869000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
441000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
3091000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1567000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0
CY2023Q4 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
869000
CY2022Q4 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
11000
us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
433000
us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-46000
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
1165761000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
762566000
CY2022Q4 us-gaap Goodwill
Goodwill
403195000
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2055000
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
1163706000
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
762566000
CY2023Q4 us-gaap Goodwill
Goodwill
401140000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
378824000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-332397000
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-7262000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
39165000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
388093000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-327324000
CY2022 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-7291000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
53478000
CY2023Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14300000
CY2022Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14700000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4630000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18469000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11202000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2343000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1127000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1394000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
128116000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
183485000
us-gaap Net Income Loss
NetIncomeLoss
331698000
us-gaap Net Income Loss
NetIncomeLoss
543200000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
153762
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156364
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154809
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
159325
CY2023Q4 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9168
CY2022Q4 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
8284
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9009
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9114
CY2023Q4 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
629
CY2022Q4 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1453
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
762
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1965
CY2023Q4 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
10
CY2022Q4 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
23
us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
8
us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
23
CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10288
CY2022Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10369
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10228
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
11831
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164050
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
166733
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165037
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171156
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.41
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.17
CY2023Q4 us-gaap Severance Costs1
SeveranceCosts1
4700000
CY2023Q4 us-gaap Loss On Contract Termination
LossOnContractTermination
1500000
CY2022Q4 us-gaap Severance Costs1
SeveranceCosts1
1200000
CY2022Q4 us-gaap Other Increase Decrease In Environmental Liabilities
OtherIncreaseDecreaseInEnvironmentalLiabilities
700000
us-gaap Severance Costs1
SeveranceCosts1
11800000
us-gaap Loss On Contract Termination
LossOnContractTermination
1500000
us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
1100000
us-gaap Other Increase Decrease In Environmental Liabilities
OtherIncreaseDecreaseInEnvironmentalLiabilities
2700000
us-gaap Severance Costs1
SeveranceCosts1
2100000
CY2023Q4 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
272000
CY2022Q4 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
397000
CY2023Q4 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1713000
CY2022Q4 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1222000
CY2023Q4 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1286000
CY2022Q4 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
732000
CY2023Q4 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
699000
CY2022Q4 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
887000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
815000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1191000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5138000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3665000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3856000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2195000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-24000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
45000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2121000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2616000
CY2023Q4 us-gaap Purchase Obligation
PurchaseObligation
465800000
CY2023Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
400200000
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
14700000
CY2022 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
14200000
us-gaap Extended Product Warranty Accrual Period Increase Decrease
ExtendedProductWarrantyAccrualPeriodIncreaseDecrease
38800000
CY2022 us-gaap Extended Product Warranty Accrual Period Increase Decrease
ExtendedProductWarrantyAccrualPeriodIncreaseDecrease
56200000
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.013
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.018
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.011
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.014
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.049
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.021
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.034
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.019
CY2023Q4 ter Effective Income Tax Rate Reconciliation Effect Of Tax Custs And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationEffectOfTaxCustsAndJobsActPercent
-0.034
CY2022Q4 ter Effective Income Tax Rate Reconciliation Effect Of Tax Custs And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationEffectOfTaxCustsAndJobsActPercent
-0.014
ter Effective Income Tax Rate Reconciliation Effect Of Tax Custs And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationEffectOfTaxCustsAndJobsActPercent
-0.03
ter Effective Income Tax Rate Reconciliation Effect Of Tax Custs And Jobs Act Percent
EffectiveIncomeTaxRateReconciliationEffectOfTaxCustsAndJobsActPercent
-0.012
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.006
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.006
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.008
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.024
CY2023Q4 ter Effective Income Tax Rate Reconciliation Non Deductible Expense Share Based Compensation Cost One
EffectiveIncomeTaxRateReconciliationNonDeductibleExpenseShareBasedCompensationCostOne
0.009
CY2022Q4 ter Effective Income Tax Rate Reconciliation Non Deductible Expense Share Based Compensation Cost One
EffectiveIncomeTaxRateReconciliationNonDeductibleExpenseShareBasedCompensationCostOne
0.001
ter Effective Income Tax Rate Reconciliation Non Deductible Expense Share Based Compensation Cost One
EffectiveIncomeTaxRateReconciliationNonDeductibleExpenseShareBasedCompensationCostOne
0.008
ter Effective Income Tax Rate Reconciliation Non Deductible Expense Share Based Compensation Cost One
EffectiveIncomeTaxRateReconciliationNonDeductibleExpenseShareBasedCompensationCostOne
0.004
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.044
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.016
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.003
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.001
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.01
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.019
CY2023Q4 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.016
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.009
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2023Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.112
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.189
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.158
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
16500000
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
15600000
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
900000
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
100000
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
600000
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
400000
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
200000
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
100000
CY2022Q3 ter Percentage Of Alternative Minimum Tax
PercentageOfAlternativeMinimumTax
0.15
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2023Q4 us-gaap Revenues
Revenues
703732000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
144280000
CY2023Q4 us-gaap Assets
Assets
3370655000
CY2022Q4 us-gaap Revenues
Revenues
827073000
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
226197000
CY2022Q4 us-gaap Assets
Assets
3319906000
us-gaap Revenues
Revenues
2005699000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
385767000
CY2023Q4 us-gaap Assets
Assets
3370655000
us-gaap Revenues
Revenues
2423209000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
645148000
CY2022Q4 us-gaap Assets
Assets
3319906000
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
2000000000
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
500000000
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
3400000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
349300000
CY2023Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
103.89
CY2023Q1 ter Percentage Of Excise Tax On Share Repurchases In Excess Of Issuances
PercentageOfExciseTaxOnShareRepurchasesInExcessOfIssuances
0.01
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
7200000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
750000000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
103.83
CY2023Q1 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.11
CY2023Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
16900000
us-gaap Payments Of Dividends
PaymentsOfDividends
51100000
CY2022Q1 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.11
CY2022Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
17100000
us-gaap Payments Of Dividends
PaymentsOfDividends
52600000
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0000950170-23-058679-index-headers.html Edgar Link pending
0000950170-23-058679-index.html Edgar Link pending
0000950170-23-058679.txt Edgar Link pending
0000950170-23-058679-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
img247845348_0.jpg Edgar Link pending
img247845348_1.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ter-20231001.htm Edgar Link pending
ter-20231001.xsd Edgar Link pending
ter-ex10_1.htm Edgar Link pending
ter-ex10_2.htm Edgar Link pending
ter-ex31_1.htm Edgar Link pending
ter-20231001_cal.xml Edgar Link unprocessable
ter-20231001_def.xml Edgar Link unprocessable
ter-20231001_htm.xml Edgar Link completed
ter-ex31_2.htm Edgar Link pending
ter-ex32_1.htm Edgar Link pending
ter-ex32_2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
ter-20231001_lab.xml Edgar Link unprocessable
ter-20231001_pre.xml Edgar Link unprocessable