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Debt (Tables)
6 Months Ended
Jun. 28, 2020
Components of Convertible Senior Notes
The below tables represent the key components of Teradyne’s convertible senior notes:
 
    
June 28,

2020
    
December 31,
2019
 
    
(in thousands)
 
Debt Principal
   $ 459,987      $ 460,000  
Unamortized discount
     57,682        65,313  
  
 
 
    
 
 
 
Net Carrying amount of convertible debt
   $ 402,305      $ 394,687  
  
 
 
    
 
 
 
 
    
For the Three Months
Ended
    
For the Six Months
Ended
 
    
June 28,

2020
    
June 30,
2019
    
June 28,

2020
    
June 30,
2019
 
    
(in thousands)
 
Contractual interest expense on the coupon
   $ 1,438      $ 1,438      $ 2,875      $ 2,875  
Amortization of the discount component and debt issue fees recognized as interest expense
     3,839        3,653        7,631        7,262  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total interest expense on the convertible debt
   $ 5,277      $ 5,091      $ 10,506      $ 10,137