| Accumulated Other Comprehensive Income (Loss) |
M. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Changes in accumulated other comprehensive income (loss) attributable to Teradyne, which are presented net of tax, consist of the following:
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Foreign
Currency
Translation
Adjustment |
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Unrealized
(Losses) Gains on
Marketable
Securities |
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Unrealized (Losses) Gains on Cash Flow Hedges |
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Retirement
Plans Prior
Service
Credit |
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Total |
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(in thousands) |
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Six Months Ended June 28, 2026 |
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Total balance at December 31, 2025, net of tax of $0, $(1,892),
$0, $(1,136), respectively |
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$ |
47,328 |
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$ |
(6,571 |
) |
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$ |
— |
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$ |
1,138 |
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$ |
41,895 |
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Other comprehensive (loss) gain before reclassifications,
net of tax of $0, $(68), $0, $0, respectively |
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(31,377 |
) |
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227 |
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— |
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— |
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(31,150 |
) |
Amounts reclassified from accumulated other comprehensive
income (loss), net of tax of $0, $12, $0, $(1), respectively |
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— |
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13 |
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— |
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(2 |
) |
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11 |
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Net current period other comprehensive loss, net of tax
of $0, $(56), $0, $(1), respectively |
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(31,377 |
) |
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240 |
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— |
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(2 |
) |
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(31,139 |
) |
Total balance attributable to Teradyne at June 28, 2026, net of tax of $0, $(1,948), $0, $(1,137), respectively |
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$ |
15,951 |
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$ |
(6,331 |
) |
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$ |
— |
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$ |
1,136 |
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$ |
10,756 |
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Six Months Ended June 29, 2025 |
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Total balance at December 31, 2024, net of tax of $0, $(2,174),
$209, $(1,134), respectively |
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$ |
(75,289 |
) |
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$ |
(7,807 |
) |
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$ |
731 |
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$ |
1,145 |
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$ |
(81,220 |
) |
Other comprehensive (loss) gain before reclassifications,
net of tax of $0, $115, $(109), $0, respectively |
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122,316 |
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585 |
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(381 |
) |
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— |
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122,520 |
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Amounts reclassified from accumulated other comprehensive
income (loss), net of tax of $0, $27, $(100), $(1), respectively |
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— |
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89 |
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(350 |
) |
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(3 |
) |
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(264 |
) |
Net current period other comprehensive loss, net of tax
of $0, $142, $(209), $(1), respectively |
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122,316 |
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674 |
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(731 |
) |
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(3 |
) |
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122,256 |
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Total balance attributable to Teradyne at June 29, 2025, net of tax of $0, $(2,032), $0, $(1,135), respectively |
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$ |
47,027 |
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$ |
(7,133 |
) |
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$ |
— |
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$ |
1,142 |
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$ |
41,036 |
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Reclassifications out of accumulated other comprehensive income (loss) to the statement of operations for the three and six months ended June 28, 2026, and June 29, 2025, were as follows:
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Details about Accumulated Other Comprehensive Income (Loss) Components |
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For the Three Months
Ended |
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For the Six Months
Ended |
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Affected Line Item
in the Statements
of Operations |
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June 28,
2026 |
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June 29,
2025 |
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June 28,
2026 |
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June 29,
2025 |
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(in thousands) |
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(in thousands) |
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Available-for-sale marketable securities: |
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Unrealized (losses) gains, net of tax of $(16), (6), $(12), $(27), respectively |
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$ |
(55 |
) |
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$ |
(15 |
) |
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$ |
(13 |
) |
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$ |
(89 |
) |
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Other (income) expense, net |
Cash flow hedges: |
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Unrealized (losses) gains, net of tax of $0, $(66), $0, $100, respectively |
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— |
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(232 |
) |
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— |
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350 |
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Revenue |
Defined benefit pension and postretirement plans: |
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Amortization of prior service credit, net of tax of $0, $0, $1, $1, respectively |
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1 |
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2 |
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2 |
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3 |
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(a) |
Total reclassifications, net of tax of $(16), $(72), $(11), $74, respectively |
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$ |
(54 |
) |
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$ |
(245 |
) |
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$ |
(11 |
) |
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$ |
264 |
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Net income |
(a)The amortization of prior service credit is included in the computation of net periodic postretirement benefit cost. See Note Q: “Retirement Plans.” As of June 28, 2026, there were no components of accumulated other comprehensive income (loss) attributable to noncontrolling interests.
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