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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Financial Information by Reportable Segment
Financial information by reportable segment was as follows:
 
 
(In thousands)
Years Ended December 31,
 
 
2018
 
2017
 
2016
Net Revenues
 
 
 
 
 
 
Electronic Systems
 
$
337,868

 
$
316,723

 
$
304,177

Structural Systems
 
291,439

 
241,460

 
246,465

Total Net Revenues
 
$
629,307

 
$
558,183

 
$
550,642

Segment Operating Income (Loss) (2)(3)
 
 
 
 
 
 
Electronic Systems
 
$
30,916

 
$
31,236

 
$
29,284

Structural Systems
 
19,063

 
5,790

 
16,844

 
 
49,979

 
37,026

 
46,128

Corporate General and Administrative Expenses (1)(2)(3)
 
(26,061
)
 
(21,392
)
 
(16,912
)
Operating Income
 
$
23,918

 
$
15,634

 
$
29,216

Depreciation and Amortization Expenses
 
 
 
 
 
 
Electronic Systems
 
$
14,223

 
$
13,888

 
$
14,087

Structural Systems
 
10,525

 
8,860

 
8,688

Corporate Administration
 
548

 
97

 
85

Total Depreciation and Amortization Expenses
 
$
25,296

 
$
22,845

 
$
22,860

Capital Expenditures
 
 
 
 
 
 
Electronic Systems
 
$
6,719

 
$
5,019

 
$
3,032

Structural Systems
 
9,104

 
20,679

 
15,661

Corporate Administration
 
514

 
775

 

Total Capital Expenditures
 
$
16,337

 
$
26,473

 
$
18,693

 
(1)
Includes cost not allocated to either the Electronic Systems or Structural Systems operating segments.
(2)
The results for 2018 includes CTP’s results of operations which have been included in our consolidated statements of income since the date of acquisition as part of the Structural Systems segment. See Note 3.
(3)
The results for 2017 includes LDS’ results of operations which have been included in our consolidated statements of income since the date of acquisition as part of the Electronic Systems segment. See Note 3.
Segment Assets
Corporate assets include assets not specifically identified with a business segment, including cash. The following table summarizes our segment assets for 2018 and 2017:
 
 
(In thousands)
December 31,
 
 
2018
 
2017
Total Assets
 
 
 
 
Electronic Systems
 
$
405,743

 
$
362,831

Structural Systems
 
226,304

 
193,600

Corporate Administration
 
16,096

 
10,322

Total Assets
 
$
648,143

 
$
566,753

Goodwill and Intangibles
 
 
 
 
Electronic Systems
 
$
219,872

 
$
229,292

Structural Systems
 
28,277

 
2,836

Total Goodwill and Intangibles
 
$
248,149

 
$
232,128