XML 45 R35.htm IDEA: XBRL DOCUMENT v3.24.3
SEGMENT INFORMATION (Table)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
Net sales and operating income by reportable segment were as follows:
Three Months EndedNine Months Ended
September 30,September 30,
(In thousands)2024202320242023
Net sales
Aerospace & Industrial$229,043 $220,700 $682,181 $651,052 
Defense Electronics243,695 216,775 685,388 578,252 
Naval & Power327,412 288,002 932,831 835,547 
Less: Intersegment revenues(1,232)(1,151)(3,524)(5,269)
Total consolidated$798,918 $724,326 $2,296,876 $2,059,582 
Operating income (expense)
Aerospace & Industrial$37,435 $39,014 $100,147 $101,224 
Defense Electronics63,639 56,212 169,964 122,760 
Naval & Power53,039 47,663 134,513 132,382 
Corporate and other (1)
(9,210)(10,370)(30,863)(32,457)
Total consolidated$144,903 $132,519 $373,761 $323,909 

(1) Includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, and certain other expenses.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Adjustments to reconcile operating income to earnings before income taxes are as follows:
Three Months EndedNine Months Ended
September 30,September 30,
(In thousands)2024202320242023
Total operating income$144,903 $132,519 $373,761 $323,909 
Interest expense11,408 12,496 33,194 40,432 
Other income, net10,126 7,023 28,294 22,744 
Earnings before income taxes$143,621 $127,046 $368,861 $306,221 
Reconciliation Of Assets From Segment To Consolidated
(In thousands)September 30, 2024December 31, 2023
Identifiable assets
Aerospace & Industrial$1,166,546 $1,077,808 
Defense Electronics1,525,531 1,517,877 
Naval & Power1,635,287 1,496,063 
Corporate and Other558,374 529,221 
Total consolidated$4,885,738 $4,620,969