| Cover | 12 Months Ended |
| Dec. 31, 2022 | |
| Document Information [Line Items] | |
| Document Type | DEF 14A |
| Amendment Flag | false |
| Entity Information [Line Items] | |
| Entity Registrant Name | Teradyne, Inc. |
| Entity Central Index Key | 0000097210 |
| Pay vs Performance Disclosure | 12 Months Ended | ||
| Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
| Pay vs Performance Disclosure [Table] | |||
| Pay vs Performance [Table Text Block] | Pay versus Performance In accordance with Item 402(v) of Regulation S-K, the Company is providing the following information about the relationship between executive compensation actually paid, as computed under SEC rules, and certain financial performance of the Company. For more information about the Company’s executive compensation program, refer to the “Compensation Discussion and Analysis” section starting on page 29 and the compensation tables starting on page 45. Pay versus Performance Table Year Summary for PEO(1) Compensation to PEO(2) Average Non-PEO Average Non-PEO Value of Initial Fixed $100 Net ($MM)(6) PBIT 4 (%)(7) Total Peer Group (a) (b) (c) (d) (e) (f) (g) (h) (i) 2022 $ 10,601,249 $ (16,408,806 ) $ 2,665,821 $ (1,673,638 ) $ 129.70 $ 157.85 $ 715.5 28 % 2021 $ 10,954,713 $ 37,477,207 $ 2,495,173 $ 6,687,782 $ 241.76 $ 246.07 $ 1,014.6 33 % 2020 $ 10,366,962 $ 38,723,342 $ 2,200,641 $ 6,002,932 $ 176.71 $ 161.36 $ 784.1 30 % (1) The amounts in column (b) are the amounts reported for our Principal Executive Officer, Mark E. Jagiela, in the “Total” column of the Summary Compensation Table for each applicable fiscal year. (2) The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Mr. Jagiela, as computed in accordance with Item 402(v) of Regulation S-K. S-K, Year Reported Summary Reported Value of Equity Equity Award Reported Change in the Pension Benefit Adjustments(d) Compensation 2022 $ 10,601,249 $ (7,809,305 ) $ (19,200,750 ) $ — $ — $ (16,408,806 ) 2021 $ 10,954,713 $ (6,967,898 ) $ 33,490,392 $ — $ — $ 37,477,207 2020 $ 10,366,962 $ (6,924,411 ) 35,341,904 $ (61,113 ) $ — $ 38,723,342 (a) The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. (b) The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following, in each case, to the extent applicable: (i) the year-end 4 See Appendix A of this proxy statement for additional information regarding the non-GAAP non-GAAP not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows: Year Year End Fair Value of Equity Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Fair Value as Year over Change in Fair Value of Equity in the Year Fair Value at Vesting Value of Total Equity Award 2022 $ 5,951,742 $ (20,098,995 ) $ — $ (5,053,497 ) $ — $ — $ (19,200,750 ) 2021 $ 14,187,235 $ 17,214,099 $ — $ 2,089,059 $ — $ — $ 33,490,392 2020 $ 16,917,961 $ 18,293,731 $ — $ 130,212 $ — $ — $ 35,341,904 (c) The amounts included in this column are the amounts reported in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for each applicable year. (d) The total pension benefit adjustments for each applicable year include the aggregate of two components: (i) the actuarially determined service cost for services rendered by Mr. Jagiela during the applicable year (the “service cost”); and (ii) the entire cost of benefits granted in a plan amendment (or initiation) during the applicable year that are attributed by the benefit formula to services rendered in periods prior to the plan amendment or initiation (the “prior service cost”), in each case, calculated in accordance with U.S. GAAP. The amounts deducted or added in calculating the pension benefit adjustments are as follows: Year Service Prior Service Total Pension 2022 $ — $ — $ — 2021 $ — $ — $ — 2020 $ — $ — $ — (3) The amounts reported in column (d) represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Mr. Jagiela) in the “Total” column of the Summary Compensation Table in each applicable fiscal year. The Non-PEO (4) The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Jagiela), as computed in accordance with Item 402(v) of Regulation S-K. S-K, compensation for the NEOs as a group (excluding Mr. Jagiela) for each year to determine the compensation actually paid, using the same methodology described above in Note 2: Year Average Non-PEO Average Average Average Reported Average Average Non-PEO NEOs 2022 $ 2,665,821 $ (1,506,542 ) $ (2,832,916 ) $ — $ — $ (1,673,638 ) 2021 $ 2,495,173 $ (1,178,493 ) $ 5,376,688 $ (39,988 ) $ 34,402 $ 6,687,782 2020 $ 2,200,641 $ (1,044,919 ) $ 4,847,210 $ — $ — $ 6,002,932 (a) The amounts deducted or added in calculating the total average equity award adjustments are as follows: Year Average Year over Average Fair Year over Average Average Fair Average Total 2022 $ 1,188,442 $ (3,043,775 ) $ — $ (977,583 ) $ — $ — $ (2,832,916 ) 2021 $ 2,399,542 $ 2,697,209 $ — $ 279,938 $ — $ — $ 5,376,688 2020 $ 2,433,816 $ 2,440,854 $ — $ (27,460 ) $ — $ — $ 4,847,210 (b) The amounts deducted or added in calculating the total pension benefit adjustments are as follows: Year Average Average Total 2022 $ — $ — $ — 2021 $ 34,402 $ — $ 34,402 2020 $ — $ — $ — (5) Teradyne has chosen to compare the change in the cumulative total shareholder return (“TSR”) of its common stock with the TSR of the Morningstar Global Semiconductor Equipment & Materials GR USD Industry Group. The Morningstar Global Semiconductor Equipment & Materials GR USD Industry Group is the peer group used by the Company for purposes of Item 2(e) of Regulation S -K 10-K (6) Reflects net income as reported for each year in the company’s Annual Report on Form 10-K. (7) PBIT is the “company selected measure” for the “Pay versus Performance Table”. PBIT is a key metric for both the Company’s annual variable cash compensation program and the performance-based RSUs granted annually to the PEO and other NEOs. PBIT is a non-GAAP non-cash | ||
| Company Selected Measure Name | PBIT | ||
| Named Executive Officers, Footnote [Text Block] | The Non-PEO | ||
| Peer Group Issuers, Footnote [Text Block] | (5) Teradyne has chosen to compare the change in the cumulative total shareholder return (“TSR”) of its common stock with the TSR of the Morningstar Global Semiconductor Equipment & Materials GR USD Industry Group. The Morningstar Global Semiconductor Equipment & Materials GR USD Industry Group is the peer group used by the Company for purposes of Item 2(e) of Regulation S -K 10-K | ||
| PEO Total Compensation Amount | $ 10,601,249 | $ 10,954,713 | $ 10,366,962 |
| PEO Actually Paid Compensation Amount | $ 16,408,806 | 37,477,207 | 38,723,342 |
| Adjustment To PEO Compensation, Footnote [Text Block] | (2) The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Mr. Jagiela, as computed in accordance with Item 402(v) of Regulation S-K. S-K, Year Reported Summary Reported Value of Equity Equity Award Reported Change in the Pension Benefit Adjustments(d) Compensation 2022 $ 10,601,249 $ (7,809,305 ) $ (19,200,750 ) $ — $ — $ (16,408,806 ) 2021 $ 10,954,713 $ (6,967,898 ) $ 33,490,392 $ — $ — $ 37,477,207 2020 $ 10,366,962 $ (6,924,411 ) 35,341,904 $ (61,113 ) $ — $ 38,723,342 (a) The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. (b) The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following, in each case, to the extent applicable: (i) the year-end 4 See Appendix A of this proxy statement for additional information regarding the non-GAAP non-GAAP not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows: Year Year End Fair Value of Equity Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Fair Value as Year over Change in Fair Value of Equity in the Year Fair Value at Vesting Value of Total Equity Award 2022 $ 5,951,742 $ (20,098,995 ) $ — $ (5,053,497 ) $ — $ — $ (19,200,750 ) 2021 $ 14,187,235 $ 17,214,099 $ — $ 2,089,059 $ — $ — $ 33,490,392 2020 $ 16,917,961 $ 18,293,731 $ — $ 130,212 $ — $ — $ 35,341,904 (c) The amounts included in this column are the amounts reported in the “Change in Pension and Nonqualified Deferred Compensation” column of the Summary Compensation Table for each applicable year. (d) The total pension benefit adjustments for each applicable year include the aggregate of two components: (i) the actuarially determined service cost for services rendered by Mr. Jagiela during the applicable year (the “service cost”); and (ii) the entire cost of benefits granted in a plan amendment (or initiation) during the applicable year that are attributed by the benefit formula to services rendered in periods prior to the plan amendment or initiation (the “prior service cost”), in each case, calculated in accordance with U.S. GAAP. The amounts deducted or added in calculating the pension benefit adjustments are as follows: Year Service Prior Service Total Pension 2022 $ — $ — $ — 2021 $ — $ — $ — 2020 $ — $ — $ — | ||
| Non-PEO NEO Average Total Compensation Amount | $ 2,665,821 | 2,495,173 | 2,200,641 |
| Non-PEO NEO Average Compensation Actually Paid Amount | $ (1,673,638) | 6,687,782 | 6,002,932 |
| Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | (4) The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Jagiela), as computed in accordance with Item 402(v) of Regulation S-K. S-K, compensation for the NEOs as a group (excluding Mr. Jagiela) for each year to determine the compensation actually paid, using the same methodology described above in Note 2: Year Average Non-PEO Average Average Average Reported Average Average Non-PEO NEOs 2022 $ 2,665,821 $ (1,506,542 ) $ (2,832,916 ) $ — $ — $ (1,673,638 ) 2021 $ 2,495,173 $ (1,178,493 ) $ 5,376,688 $ (39,988 ) $ 34,402 $ 6,687,782 2020 $ 2,200,641 $ (1,044,919 ) $ 4,847,210 $ — $ — $ 6,002,932 (a) The amounts deducted or added in calculating the total average equity award adjustments are as follows: Year Average Year over Average Fair Year over Average Average Fair Average Total 2022 $ 1,188,442 $ (3,043,775 ) $ — $ (977,583 ) $ — $ — $ (2,832,916 ) 2021 $ 2,399,542 $ 2,697,209 $ — $ 279,938 $ — $ — $ 5,376,688 2020 $ 2,433,816 $ 2,440,854 $ — $ (27,460 ) $ — $ — $ 4,847,210 (b) The amounts deducted or added in calculating the total pension benefit adjustments are as follows: Year Average Average Total 2022 $ — $ — $ — 2021 $ 34,402 $ — $ 34,402 2020 $ — $ — $ — | ||
| Compensation Actually Paid vs. Total Shareholder Return [Text Block] | Compensation Actually Paid and Cumulative TSR As illustrated by the following graph, the amount of compensation actually paid to Mr. Jagiela and the average amount of compensation actually paid to the NEOs as a group (excluding Mr. Jagiela) is generally aligned with the Company’s cumulative TSR over the years presented in the graph. The alignment of compensation actually paid with the Company’s cumulative TSR over the period presented in the graph is because a significant portion of the compensation actually paid to Mr. Jagiela and to the other NEOs is comprised of equity awards, including time-based RSUs, performance-based RSUs, and stock options. As illustrated by the following graph, the Company’s cumulative TSR over the three years presented was 28.1%, while the cumulative TSR of the Morningstar Global Semiconductor Equipment & Materials GR USD Industry Group was 57.85% . | ||
| Compensation Actually Paid vs. Net Income [Text Block] | Compensation Actually Paid and Net Income As illustrated by the following graph, the amount of compensation actually paid to Mr. Jagiela and the average amount of compensation actually paid to the NEOs as a group (excluding Mr. Jagiela) is generally aligned with the Company’s net income over the years presented in the graph. While the Company does not specifically use annual net income as a performance measure in the executive compensation program, the measure of net income is correlated with PBIT, a key metric for the Company’s annual variable cash compensation program and the performance-based RSUs granted annually to all NEOs . | ||
| Compensation Actually Paid vs. Company Selected Measure [Text Block] | C ompensation Actually Paid and PBIT As illustrated by the following graph, the amount of compensation actually paid to Mr. Jagiela and the average amount of compensation actually paid to the NEOs as a group (excluding Mr. Jagiela) is generally aligned with the Company’s PBIT over the years presented in the graph. As described above, PBIT is a non-GAAP non-financial Company has determined that PBIT is the most important performance measure to link compensation actually paid to the NEOs to Company performance . | ||
| Total Shareholder Return Vs Peer Group [Text Block] | Compensation Actually Paid and Cumulative TSR As illustrated by the following graph, the amount of compensation actually paid to Mr. Jagiela and the average amount of compensation actually paid to the NEOs as a group (excluding Mr. Jagiela) is generally aligned with the Company’s cumulative TSR over the years presented in the graph. The alignment of compensation actually paid with the Company’s cumulative TSR over the period presented in the graph is because a significant portion of the compensation actually paid to Mr. Jagiela and to the other NEOs is comprised of equity awards, including time-based RSUs, performance-based RSUs, and stock options. As illustrated by the following graph, the Company’s cumulative TSR over the three years presented was 28.1%, while the cumulative TSR of the Morningstar Global Semiconductor Equipment & Materials GR USD Industry Group was 57.85% . | ||
| Tabular List [Table Text Block] | List of Most Important Financial Performance Measures The following table lists the most important financial performance measures used by our Compensation Committee for determining executive pay in 2022 and linking compensation actually paid to Company performance. The role of each of these financial performance measures on our NEOs’ compensation is discussed in the “Compensation Discussion and Analysis” section above. Financial Performance Measures for 2022 Annual PBIT ( component of NEO variable compensation Two-year component of NEO variable compensation Three-year cumulative PBIT ( component of NEO performance-based RSU awards Three-year TSR ( component of NEO performance-based RSU awards | ||
| Total Shareholder Return Amount | $ 129.7 | 241.76 | 176.71 |
| Peer Group Total Shareholder Return Amount | 157.85 | 246.07 | 161.36 |
| Net Income (Loss) | $ 715,500,000 | $ 1,014,600,000 | $ 784,100,000 |
| Company Selected Measure Amount | 0.28 | 0.33 | 0.30 |
| PEO Name | Mark E. Jagiela | ||
| Measure [Axis]: 1 | |||
| Pay vs Performance Disclosure [Table] | |||
| Measure Name | Annual PBIT (component of NEO variable compensation) | ||
| Non-GAAP Measure Description [Text Block] | PBIT is a non-GAAP non-cash | ||
| Measure [Axis]: 2 | |||
| Pay vs Performance Disclosure [Table] | |||
| Measure Name | Two-year rolling revenue growth rate (component of NEO variable compensation) | ||
| Measure [Axis]: 3 | |||
| Pay vs Performance Disclosure [Table] | |||
| Measure Name | Three-year cumulative PBIT (component of NEO performance-based RSU awards) | ||
| Measure [Axis]: 4 | |||
| Pay vs Performance Disclosure [Table] | |||
| Measure Name | Three-year TSR (component of NEO performance-based RSU awards) | ||
| Prior Service Cost [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | $ 0 | $ 0 | $ 0 |
| PEO [Member] | Reported Value of Equity Awards [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 7,809,305 | 6,967,898 | 6,924,411 |
| PEO [Member] | Equity Award Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 19,200,750 | 33,490,392 | 35,341,904 |
| PEO [Member] | Reported Change in the Actuarial Present Value of Pension Benefits [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 61,113 |
| PEO [Member] | Pension Benefit Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| PEO [Member] | Year End Fair Value of Equity Awards Granted in the Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 5,951,742 | 14,187,235 | 16,917,961 |
| PEO [Member] | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 20,098,995 | 17,214,099 | 18,293,731 |
| PEO [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Same Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| PEO [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 5,053,497 | 2,089,059 | 130,212 |
| PEO [Member] | Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| PEO [Member] | Value of Dividends [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| PEO [Member] | Total Equity Awards Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 19,200,750 | 33,490,392 | 35,341,904 |
| PEO [Member] | Service Cost [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| PEO [Member] | Total Pension Benefit Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| Non-PEO NEO [Member] | Reported Value of Equity Awards [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 1,506,542 | 1,178,493 | 1,044,919 |
| Non-PEO NEO [Member] | Equity Award Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | (2,832,916) | 5,376,688 | 4,847,210 |
| Non-PEO NEO [Member] | Reported Change in the Actuarial Present Value of Pension Benefits [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 39,988 | 0 |
| Non-PEO NEO [Member] | Pension Benefit Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | (34,402) | 0 |
| Non-PEO NEO [Member] | Year End Fair Value of Equity Awards Granted in the Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 1,188,442 | 2,399,542 | 2,433,816 |
| Non-PEO NEO [Member] | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | (3,043,775) | 2,697,209 | 2,440,854 |
| Non-PEO NEO [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Same Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| Non-PEO NEO [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | (977,583) | 279,938 | (27,460) |
| Non-PEO NEO [Member] | Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| Non-PEO NEO [Member] | Value of Dividends [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| Non-PEO NEO [Member] | Total Equity Awards Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | (2,832,916) | 5,376,688 | 4,847,210 |
| Non-PEO NEO [Member] | Service Cost [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 34,402 | 0 |
| Non-PEO NEO [Member] | Prior Service Cost [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | 0 | 0 | 0 |
| Non-PEO NEO [Member] | Total Pension Benefit Adjustments [Member] | |||
| Pay vs Performance Disclosure [Table] | |||
| Adjustment to Compensation Amount | $ 0 | $ 34,402 | $ 0 |
