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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Components of Convertible Senior Notes

The below tables represent the key components of Teradyne’s convertible senior notes:

 

 

 

For the Years Ended

 

 

 

December 31,
2023

 

 

December 31,
2022

 

 

 

(in thousands)

 

Debt principal

 

$

 

 

$

50,228

 

Unamortized debt issuance fees

 

 

 

 

 

113

 

Net carrying amount of convertible debt

 

$

 

 

$

50,115

 

 

 

 

For the Years Ended

 

 

 

December 31,
2023

 

 

December 31,
2022

 

 

 

(in thousands)

 

Contractual interest expense on the coupon

 

$

312

 

 

$

732

 

Amortization of the issuance fees recognized as interest expense

 

 

113

 

 

 

209

 

Total interest expense on the convertible debt

 

$

425

 

 

$

941