Business Segment Information (Tables)

3 Months Ended

Apr. 02, 2022

Segment Reporting [Abstract]

Financial Information by Reportable Segment

Financial information by reportable operating segment was as follows:

	(Dollars in thousands) Three Months Ended
	April 2, 2022		April 3, 2021
Net Revenues
Electronic Systems	$	97,466	$	99,104
Structural Systems	66,015		58,047
Total Net Revenues	$	163,481	$	157,151
Segment Operating Income
Electronic Systems	$	9,411	$	12,491
Structural Systems	4,887		5,128
	14,298		17,619
Corporate General and Administrative Expenses (1)	(5,175)		(7,009)
Operating Income	$	9,123	$	10,610
Depreciation and Amortization Expenses
Electronic Systems	$	3,506	$	3,423
Structural Systems	4,203		3,440
Corporate Administration	59		59
Total Depreciation and Amortization Expenses	$	7,768	$	6,922
Capital Expenditures
Electronic Systems	$	1,696	$	624
Structural Systems	3,372		1,989
Corporate Administration	—		—
Total Capital Expenditures	$	5,068	$	2,613

(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)
	April 2, 2022		December 31, 2021
Total Assets
Electronic Systems	$	516,865	$	490,814
Structural Systems	413,955		408,118
Corporate Administration (1)	28,511		79,803
Total Assets	$	959,331	$	978,735
Goodwill and Intangibles
Electronic Systems	$	189,467	$	191,789
Structural Systems	152,343		153,669
Total Goodwill and Intangibles	$	341,810	$	345,458

(1)Includes assets not specifically identified to or allocated to either the Electronic Systems or Structural Systems operating segments, including cash and cash equivalents.