2013 Form 10-K Financial Statement

#000119312514077218 Filed on February 28, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $1.428B $248.4M $463.4M
YoY Change -13.81% -16.36% 34.56%
Cost Of Revenue $619.1M $123.0M $203.2M
YoY Change -19.67% -24.55% 16.77%
Gross Profit $808.8M $125.4M $260.2M
YoY Change -8.72% -6.39% 52.72%
Gross Profit Margin 56.64% 50.48% 56.15%
Selling, General & Admin $279.6M $69.29M $69.03M
YoY Change 0.92% 6.69% 26.02%
% of Gross Profit 34.56% 55.25% 26.53%
Research & Development $264.1M $62.81M $63.95M
YoY Change 3.2% 11.43% 39.33%
% of Gross Profit 32.65% 50.08% 24.58%
Depreciation & Amortization $150.7M $39.90M $35.20M
YoY Change 3.55% 75.0% 53.71%
% of Gross Profit 18.63% 31.82% 13.53%
Operating Expenses $618.1M $150.0M $152.1M
YoY Change 3.25% 3.98% 39.67%
Operating Profit $190.7M -$24.60M $108.1M
YoY Change -33.65% 138.95% 75.84%
Interest Expense $26.10M $6.946M $6.154M
YoY Change 6.37% 13.24% 1.42%
% of Operating Profit 13.69% 5.69%
Other Income/Expense, Net $33.23M
YoY Change -3605.38%
Pretax Income $201.9M -$30.29M $103.0M
YoY Change 80.27% 94.77% 76.22%
Income Tax $36.98M -$13.74M $14.38M
% Of Pretax Income 18.31% 13.96%
Net Earnings $164.9M -$16.54M $88.64M
YoY Change -24.0% -112.82% 56.32%
Net Earnings / Revenue 11.55% -6.66% 19.13%
Basic Earnings Per Share $0.86 -$0.09 $0.47
Diluted Earnings Per Share $0.70 -$0.09 $0.39
COMMON SHARES
Basic Shares Outstanding 190.8M shares 187.9M shares 187.4M shares
Diluted Shares Outstanding 235.6M shares 229.2M shares

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $928.5M $770.4M $695.0M
YoY Change 20.52% -35.35% -23.57%
Cash & Equivalents $341.6M $338.9M $485.7M
Short-Term Investments $586.9M $431.5M $105.9M
Other Short-Term Assets $216.2M $4.556M $137.8M
YoY Change 25.12% -94.78% 62.69%
Inventory $137.9M $139.4M $134.8M
Prepaid Expenses $90.93M
Receivables $157.6M $153.4M $205.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.440B $1.236B $1.311B
YoY Change 16.52% 12.38% -2.39%
LONG-TERM ASSETS
Property, Plant & Equipment $275.2M $265.8M $261.1M
YoY Change 3.54% 14.46% 11.88%
Goodwill $349.3M $349.4M
YoY Change -0.99%
Intangibles $318.9M $337.7M
YoY Change -18.86%
Long-Term Investments $271.1M $235.9M $133.8M
YoY Change 14.92% 479.61% -52.55%
Other Assets $29.20M $14.84M $17.85M
YoY Change 24.26% -15.43% -42.59%
Total Long-Term Assets $1.190B $1.193B $1.152B
YoY Change -0.31% 9.6% 75.91%
TOTAL ASSETS
Total Short-Term Assets $1.440B $1.236B $1.311B
Total Long-Term Assets $1.190B $1.193B $1.152B
Total Assets $2.630B $2.429B $2.463B
YoY Change 8.25% 11.0% 23.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $62.90M $58.32M $74.19M
YoY Change 7.89% -16.49% -30.67%
Accrued Expenses $159.3M $143.1M $144.4M
YoY Change 11.32% 11.8% 7.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $186.7M $2.328M $2.500M
YoY Change 8017.39% -9.52% 0.0%
Total Short-Term Liabilities $475.6M $297.8M $349.3M
YoY Change 59.7% -20.3% -1.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $171.1M $167.6M
YoY Change -100.0% 6.94% 8.24%
Other Long-Term Liabilities $128.4M $131.9M $120.2M
YoY Change -2.65% -0.83% -18.01%
Total Long-Term Liabilities $128.4M $171.1M $167.6M
YoY Change -57.62% 6.94% -44.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $475.6M $297.8M $349.3M
Total Long-Term Liabilities $128.4M $171.1M $167.6M
Total Liabilities $644.7M $651.0M $678.0M
YoY Change -0.97% -4.77% 2.05%
SHAREHOLDERS EQUITY
Retained Earnings $401.3M $417.8M
YoY Change 117.81%
Common Stock $23.49M $23.46M
YoY Change 2.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.985B $1.778B $1.785B
YoY Change
Total Liabilities & Shareholders Equity $2.630B $2.429B $2.463B
YoY Change 8.25% 11.0% 23.27%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $164.9M -$16.54M $88.64M
YoY Change -24.0% -112.82% 56.32%
Depreciation, Depletion And Amortization $150.7M $39.90M $35.20M
YoY Change 3.55% 75.0% 53.71%
Cash From Operating Activities $267.3M $40.70M $102.1M
YoY Change -33.69% -56.24% 0.1%
INVESTING ACTIVITIES
Capital Expenditures $106.7M -$28.00M -$30.70M
YoY Change -10.37% 26.7% 37.05%
Acquisitions $15.00M
YoY Change
Other Investing Activities -$176.6M -$143.9M -$30.40M
YoY Change -63.47% -124.08% -44.93%
Cash From Investing Activities -$281.8M -$171.9M -$61.10M
YoY Change -53.22% -129.87% -21.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.534M
YoY Change 0.04%
Cash From Financing Activities 17.27M -15.60M 14.60M
YoY Change -148.77% -45.64% 37.74%
NET CHANGE
Cash From Operating Activities 267.3M 40.70M 102.1M
Cash From Investing Activities -281.8M -171.9M -61.10M
Cash From Financing Activities 17.27M -15.60M 14.60M
Net Change In Cash 2.718M -146.8M 55.60M
YoY Change -101.16% -122.94% 58.86%
FREE CASH FLOW
Cash From Operating Activities $267.3M $40.70M $102.1M
Capital Expenditures $106.7M -$28.00M -$30.70M
Free Cash Flow $160.5M $68.70M $132.8M
YoY Change -43.47% -40.31% 6.75%

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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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2700000
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CY2011 ter Book Value Of Internally Manufactured Test Systems Sold
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CY2011 ter Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
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CY2011 ter Increase Decrease In Prepaid Expense And Other Assets
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CY2013 dei Trading Symbol
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TER
CY2013 dei Entity Registrant Name
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TERADYNE, INC
CY2013 dei Entity Current Reporting Status
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CY2013 dei Entity Filer Category
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CY2013 dei Document Type
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10-K
CY2013 dei Document Period End Date
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2013-12-31
CY2013 dei Entity Central Index Key
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0000097210
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CY2013 dei Entity Voluntary Filers
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<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>A.&#xA0;&#xA0;&#xA0;&#xA0;THE COMPANY</b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Teradyne, Inc. is a leading global supplier of automatic test equipment. Teradyne&#x2019;s automatic test equipment products and services include:</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 6px; MARGIN-TOP: 0px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="4%"><font size="1">&#xA0;</font></td> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2022;</font></td> <td valign="top" width="1%"><font size="1">&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">semiconductor test (&#x201C;Semiconductor Test&#x201D;) systems;</font></p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 6px; MARGIN-TOP: 0px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="4%"><font size="1">&#xA0;</font></td> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2022;</font></td> <td valign="top" width="1%"><font size="1">&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">wireless test (&#x201C;Wireless Test&#x201D;) systems; and</font></p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 6px; MARGIN-TOP: 0px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="4%"><font size="1">&#xA0;</font></td> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2022;</font></td> <td valign="top" width="1%"><font size="1">&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">military/aerospace (&#x201C;Mil/Aero&#x201D;) test instrumentation and systems, storage test (&#x201C;Storage Test&#x201D;) systems, and circuit-board test and inspection (&#x201C;Commercial Board Test&#x201D;) systems (collectively these products represent &#x201C;System Test&#x201D;).</font></p> </td> </tr> </table> </div>
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CY2012 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
22367000 shares
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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0.184 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
9.29
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.005 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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6.85
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
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403081000
CY2012 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.16
CY2012 us-gaap Income Tax Holiday Income Tax Benefits Per Share
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0.05
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y7M6D
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1396000 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.017 pure
CY2012 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.94
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
203000 shares
CY2012 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2012 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
3500000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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3.87
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.67
CY2012 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
9800000
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
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186878000 shares
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
204000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1844000 shares
CY2012 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
10900000
CY2012 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
3974000
CY2012 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
-233000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
119080000
CY2012 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
119080000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2009000
CY2012 us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
-1451000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
8794000
CY2012 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
14704000
CY2012 us-gaap Investment Income Interest
InvestmentIncomeInterest
4090000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8084000
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
748229000
CY2012 us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
600000
CY2012 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1383569000
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2533000
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
8358000
CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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1307000
CY2012 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-233000
CY2012 us-gaap Interest Paid
InterestPaid
8602000
CY2012 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
273181000
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
4400000
CY2012 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-23320000
CY2012 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-4500000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
265976000
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24093000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2259000
CY2012 us-gaap Revenues
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1656750000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
459000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
218123000
CY2012 us-gaap Gross Profit
GrossProfit
886037000
CY2012 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1400000
CY2012 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
877000
CY2012 us-gaap Other Noncash Income Expense
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2250000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
287368000
CY2012 us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
22344000
CY2012 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
217049000
CY2012 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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2009000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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-201000
CY2012 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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8358000
CY2012 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
4000000
CY2012 us-gaap Net Income Loss
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217049000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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11582000
CY2012 us-gaap Increase Decrease In Inventories
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-17652000
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
4500000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1074000
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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39920000
CY2012 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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935000
CY2012 us-gaap Inventory Write Down
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26849000
CY2012 us-gaap Other Operating Activities Cash Flow Statement
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-8761000
CY2012 us-gaap Cost Of Goods Sold
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642881000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5556000
CY2012 us-gaap Goodwill Acquired During Period
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12520000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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3443000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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-35408000
CY2012 us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
8099000
CY2012 us-gaap Cost Of Services
CostOfServices
127832000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
39920000
CY2012 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
52000000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-234816000
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-12000
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
15500000
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities
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38284000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-602489000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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702000
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
225085000
CY2012 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-7721000
CY2012 us-gaap Other Noncash Expense
OtherNoncashExpense
6089000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
22695000
CY2012 us-gaap Advertising Expense
AdvertisingExpense
1600000
CY2012 us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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-14627000
CY2012 us-gaap Interest Expense Debt
InterestExpenseDebt
23162000
CY2012 us-gaap Operating Expenses
OperatingExpenses
598669000
CY2012 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
14612000
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
277016000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48927000
CY2012 us-gaap Adjustment For Amortization
AdjustmentForAmortization
90465000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17136000
CY2012 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
19804000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
370000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8158000
CY2012 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
13948000
CY2012 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
255866000
CY2012 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-134000
CY2012 us-gaap Cost Of Revenue
CostOfRevenue
770713000
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-6172000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
145514000
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8358000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
73508000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
40944000
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
18261000
CY2012 us-gaap Depreciation
Depreciation
55049000
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
5997000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
59710000
CY2012 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-4778000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-602489000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
702000
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
18477000
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-32810000
CY2012 ter Book Value Of Internally Manufactured Test Systems Sold
BookValueOfInternallyManufacturedTestSystemsSold
6000000
CY2012 ter Issuance Of Ordinary Shares Upon Exercise Of Employee Stock Options And Restricted Stock Units Shares
IssuanceOfOrdinarySharesUponExerciseOfEmployeeStockOptionsAndRestrictedStockUnitsShares
300000 shares
CY2012 ter Stock Issued During Period Value Share Based Compensation Net Of Shares Withheld For Taxes
StockIssuedDuringPeriodValueShareBasedCompensationNetOfSharesWithheldForTaxes
6894000
CY2012 ter Total Stock Based Compensation Expenses After Income Taxes
TotalStockBasedCompensationExpensesAfterIncomeTaxes
30372000
CY2012 ter Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageExercisePrice
16.21
CY2012 ter Contractual Interest Expense On Coupon
ContractualInterestExpenseOnCoupon
8550000
CY2012 ter Reclassification From Accumulated Other Comprehensive Income Current Period Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodTax
335000
CY2012 ter Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriod
46000 shares
CY2012 ter Total Income Tax Provision Benefit From Continuing Operations And Discontinued Operations
TotalIncomeTaxProvisionBenefitFromContinuingOperationsAndDiscontinuedOperations
48927000
CY2012 ter Number Of Customer Accounted For Ten Percent Or Greater Revenue
NumberOfCustomerAccountedForTenPercentOrGreaterRevenue
1 Customer
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7680000
CY2012Q1 us-gaap Interest Expense
InterestExpense
6059000
CY2013Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
214300000
CY2013Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
66067000
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1426000
CY2013Q1 us-gaap Revenues
Revenues
280367000
CY2013Q1 us-gaap Gross Profit
GrossProfit
153417000
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
4408000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
6589000
CY2012 ter Payment Of Contingent Consideration Financing
PaymentOfContingentConsiderationFinancing
59710000
CY2012 ter Interest Expense And Other
InterestExpenseAndOther
25482000
CY2012 ter Stock Issued During Period Shares Sale Of Stock And Exercise Of Stock Options
StockIssuedDuringPeriodSharesSaleOfStockAndExerciseOfStockOptions
300000 shares
CY2012 ter Deferred Income Tax Expense Benefit Net Of Adjustments
DeferredIncomeTaxExpenseBenefitNetOfAdjustments
7983000
CY2012 ter Number Of Former Employees
NumberOfFormerEmployees
2000 Employee
CY2012 ter Increase Decrease In Prepaid Expense And Other Assets
IncreaseDecreaseInPrepaidExpenseAndOtherAssets
2995000
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2013Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1072000
CY2013Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
96793000
CY2013Q1 us-gaap Cost Of Services
CostOfServices
30157000
CY2013Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
332000
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
149009000
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
67890000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8015000
CY2013Q1 us-gaap Interest Expense
InterestExpense
6906000
CY2013Q1 us-gaap Research And Development Expense Excluding Acquired In Process Cost
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62751000
CY2013Q1 us-gaap Cost Of Revenue
CostOfRevenue
126950000
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18036000
CY2013Q1 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
1000000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2012Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
893000
CY2012Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
330891000
CY2012Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
65777000
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
41244000
CY2012Q1 us-gaap Revenues
Revenues
396668000
CY2012Q1 us-gaap Gross Profit
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190926000
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
46410000
CY2012Q1 us-gaap Net Income Loss
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33564000
CY2012Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
174001000
CY2012Q1 us-gaap Cost Of Services
CostOfServices
31741000
CY2012Q1 us-gaap Restructuring Settlement And Impairment Provisions
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-1825000
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
144516000
CY2012Q1 us-gaap Selling General And Administrative Expense
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66633000
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GrossProfit
309506000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
157441000
CY2012Q1 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
61279000
CY2012Q1 us-gaap Cost Of Revenue
CostOfRevenue
205742000
CY2012Q1 us-gaap Amortization Of Intangible Assets
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18429000
CY2012Q2 us-gaap Earnings Per Share Basic
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0.60
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2012Q2 us-gaap Investment Income Interest
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874000
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480578000
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SalesRevenueServicesNet
67706000
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151992000
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548284000
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CostOfGoodsSold
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CY2012Q2 us-gaap Cost Of Services
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CY2013Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
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CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2013Q2 us-gaap Revenues
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67551000
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87552000
CY2013Q3 us-gaap Revenues
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433376000
CY2013Q3 us-gaap Gross Profit
GrossProfit
254294000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
93506000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
69459000
CY2013Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
150365000
CY2013Q3 us-gaap Cost Of Services
CostOfServices
28717000
CY2013Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
889000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
160788000
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
72917000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18093000
CY2013Q3 us-gaap Interest Expense
InterestExpense
6902000
CY2013Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
68918000
CY2013Q3 us-gaap Cost Of Revenue
CostOfRevenue
179082000
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18064000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1067000
CY2012Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
393037000
CY2012Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
70357000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
103025000
CY2012Q3 us-gaap Revenues
Revenues
463394000
CY2012Q3 us-gaap Gross Profit
GrossProfit
260200000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
108112000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
88641000
CY2012Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
169782000
CY2012Q3 us-gaap Cost Of Services
CostOfServices
33412000
CY2012Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
683000
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
152088000
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14384000
CY2012Q3 us-gaap Interest Expense
InterestExpense
6154000
CY2012Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
63946000
CY2012Q3 us-gaap Cost Of Revenue
CostOfRevenue
203194000
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18429000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2012Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1256000
CY2012Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
179063000
CY2012Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
69341000
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2012Q4 us-gaap Revenues
Revenues
248404000
CY2012Q4 us-gaap Gross Profit
GrossProfit
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CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2012Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
92599000
CY2012Q4 us-gaap Cost Of Services
CostOfServices
30400000
CY2012Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
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CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
150000000
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
69289000
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13742000
CY2012Q4 us-gaap Interest Expense
InterestExpense
6946000
CY2012Q4 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
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CY2012Q4 us-gaap Cost Of Revenue
CostOfRevenue
122999000
CY2012Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18221000
CY2012Q4 ter Total Income Tax Provision Benefit From Continuing Operations And Discontinued Operations
TotalIncomeTaxProvisionBenefitFromContinuingOperationsAndDiscontinuedOperations
200000
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2013Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1206000
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
211710000
CY2013Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
73591000
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
35439000
CY2013Q4 us-gaap Revenues
Revenues
285301000
CY2013Q4 us-gaap Gross Profit
GrossProfit
159857000
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
6837000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
22343000
CY2013Q4 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
34200000
CY2013Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
93461000
CY2013Q4 us-gaap Cost Of Services
CostOfServices
31983000
CY2013Q4 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
600000
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
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CY2013Q4 us-gaap Selling General And Administrative Expense
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CY2013Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2013Q4 us-gaap Interest Expense
InterestExpense
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CY2013Q4 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
64613000
CY2013Q4 us-gaap Cost Of Revenue
CostOfRevenue
125444000
CY2013Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18284000

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