Business Segment Information (Tables)

6 Months Ended

Jul. 03, 2021

Segment Reporting [Abstract]

Financial Information by Reportable 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 Systems	57,395		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 Systems	5,592		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 Systems	3,501		3,739		6,941		7,428
Corporate Administration	59		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 Systems	2,567		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

Our segment assets are as follows:

	(Dollars in thousands)
	July 3, 2021		December 31, 2020
Total Assets
Electronic Systems	$	486,124	$	448,606
Structural Systems	324,131		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 Systems	92,634		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.