Teradyne Reports Third Quarter 2018 Results
| CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) | | | | | | | | | | | | | | | | | | | | | | September 30,
2018 | | December 31,
2017 | | | | | | | | | | | | | Assets | | | | | | | | | | Cash and cash equivalents | | $ | 814,019 | | $ | 429,843 | | | | Marketable securities | | | 418,410 | | | 1,347,979 | | | | Accounts receivable, net | | | 352,476 | | | 272,783 | | | | Inventories, net | | | 154,705 | | | 107,525 | | | | Prepayments and other current assets | | | 139,785 | | | 112,151 | | | | | | Total current assets | | | 1,879,395 | | | 2,270,281 | | | | | | | | | | | | | | Property, plant and equipment, net | | | 278,071 | | | 268,447 | | | | Marketable securities | | | 91,982 | | | 125,926 | | | | Deferred tax assets | | | 70,772 | | | 84,026 | | | | Other assets | | | 11,421 | | | 12,275 | | | | Retirement plans assets | | | 17,885 | | | 17,491 | | | | Acquired intangible assets, net | | | 139,963 | | | 79,088 | | | | Goodwill | | | 392,998 | | | 252,011 | | | | | | | | | | | | | | | | Total assets | | $ | 2,882,487 | | $ | 3,109,545 | | | | | | | | | | | | | Liabilities | | | | | | | | | Accounts payable | | $ | 107,890 | | $ | 86,393 | | | | Accrued employees' compensation and withholdings | | | 116,546 | | | 141,694 | | | | Deferred revenue and customer advances | | | 77,953 | | | 83,614 | | | | Other accrued liabilities | | | 95,888 | | | 59,083 | | | | Contingent consideration | | | 35,532 | | | 24,497 | | | | Income taxes payable | | | 24,603 | | | 59,055 | | | | | | | | | | | | | | | | Total current liabilities | | | 458,412 | | | 454,336 | | | | | | | | | | | | | | Retirement plans liabilities | | | 127,037 | | | 119,776 | | | | Long-term deferred revenue and customer advances | | | 29,387 | | | 30,127 | | | | Deferred tax liabilities | | | 21,748 | | | 6,720 | | | | Long-term other accrued liabilities | | | 28,956 | | | 10,273 | | | | Long-term contingent consideration | | | 25,410 | | | 20,605 | | | | Long-term income taxes payable | | | 147,360 | | | 148,075 | | | | Long-term debt | | | 376,417 | | | 365,987 | | | | | | | | | | | | | | | | Total liabilities | | | 1,214,727 | | | 1,155,899 | | | | | | | | | | | | | Shareholders' equity | | | 1,667,760 | | | 1,953,646 | | | | | | | | | | | | | | | | Total liabilities and shareholders' equity | | $ | 2,882,487 | | $ | 3,109,545 | | | | | | | | | | | |
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