XML 29 R19.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segment Information
 9 Months Ended
Sep. 26, 2020
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
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		(In thousands)
Nine Months Ended
 September 26,
2020		September 28,
2019		September 26,
2020		September 28,
2019
Net Revenues
Electronic Systems$103,470 $90,588 $293,540 $264,045 
Structural Systems46,901 90,513 177,615 270,117 
Total Net Revenues$150,371 $181,101 $471,155 $534,162 
Segment Operating Income
Electronic Systems$14,867 $9,657 $40,427 $28,750 
Structural Systems1,769 12,877 13,373 35,199 
16,636 22,534 53,800 63,949 
Corporate General and Administrative Expenses (1)
(6,371)(7,931)(19,884)(22,894)
Operating Income$10,265 $14,603 $33,916 $41,055 
Depreciation and Amortization Expenses
Electronic Systems$3,492 $3,569 $10,591 $10,602 
Structural Systems3,528 3,350 10,956 9,750 
Corporate Administration58 73 194 399 
Total Depreciation and Amortization Expenses$7,078 $6,992 $21,741 $20,751 
Capital Expenditures
Electronic Systems$586 $1,768 $3,518 $4,820 
Structural Systems1,796 2,747 4,400 10,108 
Corporate Administration— — — — 
Total Capital Expenditures$2,382 $4,515 $7,918 $14,928 
(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)
 September 26,
2020		December 31,
2019
Total Assets
Electronic Systems$441,151 $411,981 
Structural Systems322,111 328,718 
Corporate Administration (1)
90,099 49,730 
Total Assets$853,361 $790,429 
Goodwill and Intangibles
Electronic Systems$203,399 $210,453 
Structural Systems95,450 98,826 
Total Goodwill and Intangibles$298,849 $309,279 
(1)Includes assets not specifically identified to or allocated to either the Electronic Systems or Structural Systems operating segments, including cash and cash equivalents.