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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 26, 2020
Accounting Policies [Abstract]  
Schedule of Supplemental Cash Flow Information
Supplemental Cash Flow Information
(In thousands)
Nine Months Ended
September 26,
2020
September 28,
2019
Interest paid$8,825 $11,597 
Taxes paid$2,559 $4,610 
Non-cash activities:
     Purchases of property and equipment not paid$1,059 $1,054 
Weighted Average Number of Shares Outstanding Used to Compute Earnings Per Share
The net income and weighted-average common shares outstanding used to compute earnings per share were as follows:
(In thousands, except per share data)(In thousands, except per share data)
Three Months EndedNine Months Ended
 September 26,
2020
September 28,
2019
September 26,
2020
September 28,
2019
Net income$6,501 $8,303 $19,521 $23,590 
Weighted-average number of common shares outstanding
Basic weighted-average common shares outstanding11,703 11,551 11,660 11,501 
Dilutive potential common shares256 243 226 283 
Diluted weighted-average common shares outstanding11,959 11,794 11,886 11,784 
Earnings per share
Basic$0.56 $0.72 $1.67 $2.05 
Diluted$0.54 $0.70 $1.64 $2.00 
Weighted Average Number of Shares Outstanding Excluded from Computation of Diluted Earnings
Potentially dilutive stock awards to purchase common stock, as shown below, were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive. However, these awards may be potentially dilutive common shares in the future.
(In thousands)(In thousands)
Three Months EndedNine Months Ended
 September 26,
2020
September 28,
2019
September 26,
2020
September 28,
2019
Stock options and stock units341 206 340 100 
Contract with Customer, Asset and Liability
Contract assets and contract liabilities from revenue contracts with customers are as follows:
(In thousands)
September 26,
2020
December 31,
2019
Contract assets$140,717 $106,670 
Contract liabilities$26,833 $14,517 
Disaggregation of Revenue
In addition to the revenue categories disclosed above, the following table reflects our revenue disaggregated by major end-use market:
(In thousands)(In thousands)
Three Months EndedNine Months Ended
September 26
2020
September 28,
2019
September 26
2020
September 28,
2019
Consolidated Ducommun
Military and space$113,859 $80,487 $307,479 $231,635 
Commercial aerospace
26,020 88,922 130,948 269,080 
Industrial10,492 11,692 32,728 33,447 
Total$150,371 $181,101 $471,155 $534,162 
Electronic Systems
Military and space$82,175 $59,081 $223,692 $176,813 
Commercial aerospace10,803 19,815 37,120 53,785 
Industrial10,492 11,692 32,728 33,447 
Total$103,470 $90,588 $293,540 $264,045 
Structural Systems
Military and space$31,684 $21,406 $83,787 $54,822 
Commercial aerospace15,217 69,107 93,828 215,295 
Total$46,901 $90,513 $177,615 $270,117