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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Financial Information by Reportable Segment
Financial information by reportable segment was as follows:
 
 
 
(In thousands)
Years Ended December 31,
 
 
2015
 
2014
 
2013
Net Revenues
 
 
 
 
 
 
SS
 
$
273,319

 
$
319,956

 
$
315,232

ES
 
392,692

 
422,089

 
421,418

Total Net Revenues
 
$
666,011

 
$
742,045

 
$
736,650

Segment Operating (Loss) Income (1)
 
 
 
 
 
 
SS (2)(3)
 
$
(53,010
)
 
$
34,949

 
$
19,008

ES (4)
 
(4,472
)
 
34,599

 
37,030

 
 
(57,482
)
 
69,548

 
56,038

Corporate General and Administrative Expenses (1)(5)
 
(17,827
)
 
(17,781
)
 
(16,735
)
Operating (Loss) Income
 
$
(75,309
)
 
$
51,767

 
$
39,303

Depreciation and Amortization Expenses
 
 
 
 
 
 
SS
 
$
9,417

 
$
10,959

 
$
12,406

ES
 
17,267

 
17,928

 
18,346

Corporate Administration
 
162

 
137

 
174

Total Depreciation and Amortization Expenses
 
$
26,846

 
$
29,024

 
$
30,926

Capital Expenditures
 
 
 
 
 
 
SS
 
$
11,559

 
$
12,742

 
$
8,287

ES
 
4,419

 
5,782

 
5,000

Corporate Administration
 
10

 
30

 
116

Total Capital Expenditures
 
$
15,988

 
$
18,554

 
$
13,403

 
(1)
Includes cost not allocated to either the SS or ES operating segments.
(2)
The results for 2015 includes approximately $57.2 million of goodwill impairment charge.
(3)
The results for 2013 includes approximately $14.1 million in charges related to fourth quarter asset impairment charges of $5.7 million on the Embraer Legacy 450/500 contracts and $1.3 million on the Boeing 777 wing tip contract; forward loss reserves of $3.9 million on the Embraer Legacy 450/500 contracts and $1.3 million on the Boeing 777 wing tip contract; and inventory write-offs of $1.9 million on the Embraer Legacy 450/500 contracts.
(4)
The results for 2015 includes approximately $32.9 million of an intangible asset impairment charge.
(5)
The results for 2015, 2014 and 2013 include approximately zero, $1.2 million and $0.6 million, respectively, of workers’ compensation insurance expenses included in gross profit and not allocated to the operating segments.
Segment Assets
Corporate assets include assets not specifically identified with a business segment, including cash. The following table summarizes our segment assets for 2015 and 2014:
 
 
(In thousands)
December 31,
 
 
2015
 
2014
Total Assets
 
 
 
 
SS
 
$
179,134

 
$
245,925

ES
 
363,227

 
427,719

Corporate Administration
 
19,059

 
73,955

Total Assets
 
$
561,420

 
$
747,599

Goodwill and Intangibles
 
 
 
 
SS
 
$
4,866

 
$
63,497

ES
 
207,595

 
249,176

Total Goodwill and Intangibles
 
$
212,461

 
$
312,673