Business Segment Information

3 Months Ended

Mar. 31, 2018

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
	March 31, 2018			April 1, 2017
Net Revenues
Structural Systems	$	68,046		$	57,575
Electronic Systems	82,409			78,722
Total Net Revenues	$	150,455		$	136,297
Segment Operating Income
Structural Systems	$	4,391		$	2,784
Electronic Systems	5,744			7,104
	10,135			9,888
Corporate General and Administrative Expenses ⁽¹⁾	(4,879		)	(5,636		)
Operating Income	$	5,256		$	4,252
Depreciation and Amortization Expenses
Structural Systems	$	2,316		$	2,352
Electronic Systems	3,632			3,423
Corporate Administration	33			7
Total Depreciation and Amortization Expenses	$	5,981		$	5,782
Capital Expenditures
Structural Systems	$	1,529		$	5,188
Electronic Systems	2,734			1,433
Corporate Administration	—			—
Total Capital Expenditures	$	4,263		$	6,621


(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)
	March 31, 2018		December 31, 2017
Total Assets
Structural Systems	$	195,443	$	193,600
Electronic Systems	391,093		362,831
Corporate Administration ⁽¹⁾	11,033		10,322
Total Assets	$	597,569	$	566,753
Goodwill and Intangibles
Structural Systems	$	2,652	$	2,836
Electronic Systems	226,937		229,292
Total Goodwill and Intangibles	$	229,589	$	232,128


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