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SEGMENT INFORMATION (Table)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment [Text Block]
Operating results by reportable segment are as follows:
Year Ended December 31,
(In thousands)202320222021
Net sales
Aerospace & Industrial$889,744 $838,885 $789,054 
Defense Electronics818,547 693,709 727,828 
Naval & Power1,142,590 1,030,918 990,339 
Less: Intersegment Revenues(5,508)(6,487)(6,460)
Total Consolidated$2,845,373 $2,557,025 $2,500,761 
Depreciation and amortization expense
Aerospace & Industrial$33,994 $34,336 $36,999 
Defense Electronics33,347 35,120 38,136 
Naval & Power46,165 39,712 35,937 
Corporate2,666 2,859 3,312 
Total Consolidated$116,172 $112,027 $114,384 
Capital expenditures
Aerospace & Industrial$17,067 $18,554 $16,799 
Defense Electronics5,573 3,504 3,922 
Naval & Power18,112 13,652 18,106 
Corporate3,914 2,507 2,281 
Total Consolidated$44,666 $38,217 $41,108 
(1) Corporate and Eliminations includes pension expense, environmental remediation and administrative expenses, legal, and other expenses.
As of December 31,
(In thousands)20232022
Segment assets
Aerospace & Industrial$1,077,808 $1,041,562 
Defense Electronics1,517,877 1,546,331 
Naval & Power1,496,063 1,487,568 
Corporate529,221 372,842 
Total Consolidated$4,620,969 $4,448,303 
Year Ended December 31,
(In thousands)202320222021
Earnings before taxes:
Total reportable segment operating income$526,280 $469,146 $417,012 
Corporate and Eliminations(41,678)(45,703)(39,883)
Interest expense51,393 46,980 40,240 
Other income, net29,861 12,732 12,067 
Earnings before income taxes$463,070 $389,195 $348,956 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Operating income (expense)
Aerospace & Industrial$145,278 $136,996 $121,817 
Defense Electronics191,775 154,568 159,089 
Naval & Power189,227 177,582 136,106 
Corporate and Eliminations (1)
(41,678)(45,703)(39,883)
Total Consolidated$484,602 $423,443 $377,129 
Reconciliation Of Assets From Segment To Consolidated [Text Block]
As of December 31,
(In thousands)20232022
Assets:
Total assets for reportable segments$4,091,748 $4,075,461 
Non-segment cash228,930 122,198 
Other assets300,291 250,644 
Total consolidated assets$4,620,969 $4,448,303 
ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Year Ended December 31,
(In thousands)202320222021
Revenues
United States of America$2,060,986 $1,879,001 $1,851,827 
United Kingdom115,078 102,965 93,154 
Other foreign countries669,309 575,059 555,780 
Consolidated total$2,845,373 $2,557,025 $2,500,761 
ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
As of December 31,
(In thousands)20232022
Long-Lived Assets - Property, plant, and equipment, net
United States of America$243,542 $254,317 
United Kingdom25,898 27,049 
Other foreign countries63,356 61,342 
Consolidated total$332,796 $342,708