Business Segment Information

3 Months Ended

Mar. 29, 2014

Segment Reporting [Abstract]

Business Segment Information

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 operating segment was as follows:

	(In thousands) Three Months Ended
	March 29,			March 30,
	2014			2013
Net Sales
DAS	$	81,654		$	72,705
DLT	98,099			103,210
Total Net Sales	$	179,753		$	175,915
Segment Operating Income
DAS	$	10,247		$	6,631
DLT	7,044			7,934
	17,291			14,565
Corporate General and Administrative Expenses (1)	(3,308		)	(4,263		)
Operating Income	$	13,983		$	10,302
Depreciation and Amortization Expenses
DAS	$	2,416		$	2,327
DLT	5,008			4,663
Corporate Administration	2			43
Total Depreciation and Amortization Expenses	$	7,426		$	7,033
Capital Expenditures
DAS	$	1,285		$	1,319
DLT	897			1,052
Corporate Administration	10			241
Total Capital Expenditures	$	2,192		$	2,612

(1) Includes costs not allocated to either the DLT or DAS operating segments.

Segment assets include assets directly identifiable with each segment. Corporate assets include assets not specifically identified with a business segment, including cash. Our segment assets are as follows:

	(In thousands)
	March 29, 2014		December 31, 2013
Total Assets
DAS	$	250,281	$	241,502
DLT	444,207		444,224
Corporate Administration	58,674		78,473
Total Assets	$	753,162	$	764,199
Goodwill and Intangibles
DAS	$	64,785	$	65,213
DLT	260,030		262,192
Total Goodwill and Intangibles	$	324,815	$	327,405