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Business Segment Information
9 Months Ended
Oct. 02, 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)
Nine Months Ended
 October 2,
2021
September 26,
2020
October 2,
2021
September 26,
2020
Net Revenues
Electronic Systems$104,721 $103,470 $306,622 $293,540 
Structural Systems58,506 46,901 173,948 177,615 
Total Net Revenues$163,227 $150,371 $480,570 $471,155 
Segment Operating Income
Electronic Systems$15,319 $14,867 $42,185 $40,427 
Structural Systems4,457 1,769 15,177 13,373 
19,776 16,636 57,362 53,800 
Corporate General and Administrative Expenses (1)
(6,413)(6,371)(20,297)(19,884)
Operating Income$13,363 $10,265 $37,065 $33,916 
Depreciation and Amortization Expenses
Electronic Systems$3,547 $3,492 $10,396 $10,591 
Structural Systems3,599 3,528 10,540 10,956 
Corporate Administration58 58 176 194 
Total Depreciation and Amortization Expenses$7,204 $7,078 $21,112 $21,741 
Capital Expenditures
Electronic Systems$1,964 $586 $3,865 $3,518 
Structural Systems1,598 1,796 6,154 4,400 
Corporate Administration— — — — 
Total Capital Expenditures$3,562 $2,382 $10,019 $7,918 
(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)
 October 2,
2021
December 31,
2020
Total Assets
Electronic Systems$496,616 $448,606 
Structural Systems325,165 325,604 
Corporate Administration (1)
16,002 63,137 
Total Assets$837,783 $837,347 
Goodwill and Intangibles
Electronic Systems$194,111 $201,077 
Structural Systems91,703 94,497 
Total Goodwill and Intangibles$285,814 $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.