Teradyne Reports First Quarter 2023 Results

CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)

			April 2, 2023		December 31, 2022
Assets
	Cash and cash equivalents		$	649,208	$	854,773
	Marketable securities		92,895		39,612
	Accounts receivable, net		455,334		491,145
	Inventories, net		352,058		325,019
	Prepayments		549,114		532,962
	Other current assets		13,367		14,404
		Total current assets	2,111,976		2,257,915

	Property, plant and equipment, net		432,381		418,683
	Operating lease right-of-use assets, net		74,939		73,734
	Marketable securities		116,938		110,777
	Deferred tax assets		148,527		142,784
	Retirement plans assets		11,650		11,761
	Other assets		27,922		28,925
	Acquired intangible assets, net		49,246		53,478
	Goodwill		409,828		403,195
		Total assets	$	3,383,407	$	3,501,252

Liabilities
	Accounts payable		$	142,382	$	139,722
	Accrued employees' compensation and withholdings		119,433		212,266
	Deferred revenue and customer advances		119,355		148,285
	Other accrued liabilities		114,739		112,271
	Operating lease liabilities		19,985		18,594
	Income taxes payable		77,089		65,010
	Current debt		35,109		50,115

		Total current liabilities	628,092		746,263

	Retirement plans liabilities		121,303		116,005
	Long-term deferred revenue and customer advances		41,797		45,131
	Long-term other accrued liabilities		16,211		15,981
	Deferred tax liabilities		2,325		3,267
	Long-term operating lease liabilities		65,082		64,176
	Long-term income taxes payable		59,135		59,135
		Total liabilities	933,945		1,049,958

Shareholders' equity			2,449,462		2,451,294
		Total liabilities and shareholders’ equity	$	3,383,407	$	3,501,252

Latest Blog Posts

© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise