Business Segment Information

9 Months Ended

Sep. 30, 2017

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

Financial information by reportable operating segment was as follows:



	(In thousands) Three Months Ended						(In thousands) Nine Months Ended
	September 30, 2017			October 1, 2016			September 30, 2017			October 1, 2016
Net Revenues
Structural Systems	$	59,685		$	60,931		$	176,372		$	185,642
Electronic Systems	79,005			71,640			239,553			222,514
Total Net Revenues	$	138,690		$	132,571		$	415,925		$	408,156
Segment Operating Income
Structural Systems	$	3,466		$	5,893		$	8,147		$	13,347
Electronic Systems	8,234			6,600			24,158			19,769
	11,700			12,493			32,305			33,116
Corporate General and Administrative Expenses ⁽¹⁾	(4,505		)	(4,441		)	(14,539		)	(13,505		)
Operating Income	$	7,195		$	8,052		$	17,766		$	19,611
Depreciation and Amortization Expenses
Structural Systems	$	2,220		$	2,851		$	6,879		$	6,683
Electronic Systems	3,345			3,232			10,207			10,661
Corporate Administration	54			6			63			76
Total Depreciation and Amortization Expenses	$	5,619		$	6,089		$	17,149		$	17,420
Capital Expenditures
Structural Systems	$	4,449		$	3,555		$	17,217		$	10,149
Electronic Systems	1,793			947			4,256			1,701
Corporate Administration	127			—			775			—
Total Capital Expenditures	$	6,369		$	4,502		$	22,248		$	11,850


(1)	Includes costs not allocated to either the Structural Systems or Electronic Systems operating segments.

Segment assets include assets directly identifiable to or allocated to each segment. Our segment assets are as follows:



	(In thousands)
	September 30, 2017		December 31, 2016
Total Assets
Structural Systems	$	207,413	$	175,580
Electronic Systems	376,569		325,780
Corporate Administration ⁽¹⁾	9,867		14,069
Total Assets	$	593,849	$	515,429
Goodwill and Intangibles
Structural Systems	$	3,063	$	3,745
Electronic Systems	231,657		180,382
Total Goodwill and Intangibles	$	234,720	$	184,127


(1)	Includes assets not specifically identified to or allocated to either the Structural Systems or Electronic Systems operating segments, including cash and cash equivalents.