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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Oct. 02, 2021
Accounting Policies [Abstract]  
Schedule of Supplemental Cash Flow Information Supplemental Cash Flow Information
(Dollars in thousands)
Nine Months Ended
October 2,
2021
September 26,
2020
Interest paid$7,672 $8,825 
Taxes paid, net$3,082 $2,559 
Non-cash activities:
     Purchases of property and equipment not paid$1,698 $1,059 
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:
(Dollars in thousands,
except per share data)
(Dollars in thousands,
except per share data)
Three Months EndedNine Months Ended
 October 2,
2021
September 26,
2020
October 2,
2021
September 26,
2020
Net income$9,584 $6,501 $24,702 $19,521 
Weighted-average number of common shares outstanding
Basic weighted-average common shares outstanding11,920 11,703 11,862 11,660 
Dilutive potential common shares322 256 386 226 
Diluted weighted-average common shares outstanding12,242 11,959 12,248 11,886 
Earnings per share
Basic$0.80 $0.56 $2.08 $1.67 
Diluted$0.78 $0.54 $2.02 $1.64 
Weighted Average Number of Shares Outstanding Excluded from Computation of Diluted Earnings Potentially dilutive stock awards, 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
 October 2,
2021
September 26,
2020
October 2,
2021
September 26,
2020
Stock options and stock units341 340 
Contract with Customer, Asset and Liability Contract assets and contract liabilities from revenue contracts with customers are as follows:
(Dollars in thousands)
October 2,
2021
December 31,
2020
Contract assets$182,759 $154,028 
Contract liabilities$23,274 $28,264 
Disaggregation of Revenue In addition to the revenue categories disclosed above, the following table reflects our revenue disaggregated by major end-use market:
(Dollars in thousands)(Dollars in thousands)
Three Months EndedNine Months Ended
October 2
2021
September 26,
2020
October 2
2021
September 26,
2020
Consolidated Ducommun
Military and space$113,622 $111,058 $340,757 $307,479 
Commercial aerospace
41,150 30,731 114,104 130,948 
Industrial8,455 8,582 25,709 32,728 
Total$163,227 $150,371 $480,570 $471,155 
Electronic Systems
Military and space$81,365 $80,209 $243,853 $223,692 
Commercial aerospace14,901 14,679 37,060 37,120 
Industrial8,455 8,582 25,709 32,728 
Total$104,721 $103,470 $306,622 $293,540 
Structural Systems
Military and space$32,257 $30,849 $96,904 $83,787 
Commercial aerospace26,249 16,052 77,044 93,828 
Total$58,506 $46,901 $173,948 $177,615