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Business Segment Information
6 Months Ended
Jul. 03, 2021
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:
(Dollars in thousands)
Three Months Ended
(Dollars in thousands)
Six Months Ended
 July 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020
Net Revenues
Electronic Systems$102,797 $91,950 $201,901 $190,070 
Structural Systems57,395 55,359 115,442 130,714 
Total Net Revenues$160,192 $147,309 $317,343 $320,784 
Segment Operating Income
Electronic Systems$14,375 $10,438 $26,866 $25,560 
Structural Systems5,592 6,214 10,720 11,604 
19,967 16,652 37,586 37,164 
Corporate General and Administrative Expenses (1)
(6,875)(6,627)(13,884)(13,513)
Operating Income$13,092 $10,025 $23,702 $23,651 
Depreciation and Amortization Expenses
Electronic Systems$3,426 $3,524 $6,849 $7,099 
Structural Systems3,501 3,739 6,941 7,428 
Corporate Administration59 64 118 136 
Total Depreciation and Amortization Expenses$6,986 $7,327 $13,908 $14,663 
Capital Expenditures
Electronic Systems$1,277 $2,117 $1,901 $2,932 
Structural Systems2,567 467 4,556 2,604 
Corporate Administration— — — — 
Total Capital Expenditures$3,844 $2,584 $6,457 $5,536 
(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:
(Dollars in thousands)
 July 3,
2021
December 31,
2020
Total Assets
Electronic Systems$486,124 $448,606 
Structural Systems324,131 325,604 
Corporate Administration (1)
18,824 63,137 
Total Assets$829,079 $837,347 
Goodwill and Intangibles
Electronic Systems$196,433 $201,077 
Structural Systems92,634 94,497 
Total Goodwill and Intangibles$289,067 $295,574 
(1)Includes assets not specifically identified to or allocated to either the Electronic Systems or Structural Systems operating segments, including cash and cash equivalents.