Business Segment Information

3 Months Ended

Mar. 30, 2019

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

Financial information by reportable operating segment was as follows:



	(In thousands) Three Months Ended
	March 30, 2019			March 31, 2018
Net Revenues
Electronic Systems	$	84,197		$	82,409
Structural Systems	88,369			68,046
Total Net Revenues	$	172,566		$	150,455
Segment Operating Income
Electronic Systems	$	9,181		$	5,744
Structural Systems	10,549			4,391
	19,730			10,135
Corporate General and Administrative Expenses ⁽¹⁾	(6,882		)	(4,879		)
Operating Income	$	12,848		$	5,256
Depreciation and Amortization Expenses
Electronic Systems	$	3,844		$	3,632
Structural Systems	3,250			2,316
Corporate Administration	294			33
Total Depreciation and Amortization Expenses	$	7,388		$	5,981
Capital Expenditures
Electronic Systems	$	836		$	2,734
Structural Systems	3,689			1,529
Total Capital Expenditures	$	4,525		$	4,263


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

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



	(In thousands)
	March 30, 2019		December 31, 2018
Total Assets
Electronic Systems	$	414,806	$	405,743
Structural Systems	231,685		220,993
Corporate Administration ⁽¹⁾	14,218		18,003
Total Assets	$	660,709	$	644,739
Goodwill and Intangibles
Electronic Systems	$	217,518	$	219,872
Structural Systems	27,926		28,277
Total Goodwill and Intangibles	$	245,444	$	248,149


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