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Business Segment Information
 3 Months Ended
Mar. 30, 2013
Business Segment Information

Note 10. Business Segment Information

We supply products and services primarily to the aerospace and defense industries. Our subsidiaries are organized into two strategic businesses, DAS and DLT, each of which is a reportable operating segment.

 

Financial information by reportable segment was as follows:

 

           (In thousands)  
           Three Months Ended  
     %
Change		     March 30,
2013		     March 31,
2012		  

Net Sales

       

Ducommun AeroStructures (DAS)

      (2.1 )%    $ 72,705      $ 74,287   

Ducommun LaBarge Technologies (DLT)

      (6.2 )%      103,210        110,056   
    

 

 

    

 

 

  

Total Net Sales

      (4.6 )%    $ 175,915      $ 184,343   
    

 

 

    

 

 

  

Segment Operating Income (1)

       

Ducommun AeroStructures (DAS)

      $ 6,631      $ 6,591   

Ducommun LaBarge Technologies (DLT) (2)

        7,934        8,302   
    

 

 

    

 

 

  
       14,565        14,893   

Corporate General and Administrative Expenses (2)

        (4,263 )      (3,034 ) 
    

 

 

    

 

 

  

Total Operating Income

      $ 10,302      $ 11,859   
    

 

 

    

 

 

  

Depreciation and Amortization Expenses

       

Ducommun AeroStructures (DAS)

      $ 2,327      $ 2,056   

Ducommun LaBarge Technologies (DLT)

        4,663        4,697   

Corporate Administration

        43        51   
    

 

 

    

 

 

  

Total Depreciation and Amortization Expenses

      $ 7,033      $ 6,804   
    

 

 

    

 

 

  

Capital Expenditures

       

Ducommun AeroStructures (DAS)

      $ 1,319      $ 2,457   

Ducommun LaBarge Technologies (DLT)

        1,052        2,437   

Corporate Administration

        241        23   
    

 

 

    

 

 

  

Total Capital Expenditures

      $ 2,612      $ 4,917   
    

 

 

    

 

 

  

 

(1)

Before certain allocated corporate overhead.
(2) 

The 2012 period includes merger-related transaction costs of $0.15 million in DLT and $0.22 million in Corporate, General & Administrative Expenses resulting from a change-in-control provision for certain key executives and employees arising in connection with the acquisition of LaBarge Inc. in June 2011.

 

Segment assets include assets directly identifiable with each segment. Corporate assets include assets not specifically identified with a business segment, including cash.

 

     (In thousands)  
     March 30,
2013		      December 31,
2012		  

Total Assets

      

Ducommun AeroStructures (DAS)

    $ 254,010       $ 248,326   

Ducommun LaBarge Technologies (DLT)

      456,589         465,217   

Corporate Administration

      55,009         71,531   
  

 

 

     

 

 

  

Total Assets

    $ 765,608       $ 785,074   
  

 

 

     

 

 

  

Goodwill and Intangibles

      

Ducommun AeroStructures (DAS)

    $ 66,897       $ 67,459   

Ducommun LaBarge Technologies (DLT)

      268,676         270,837   
  

 

 

     

 

 

  

Total Goodwill and Intangibles

    $ 335,573       $ 338,296