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Business Segment Information
9 Months Ended
Oct. 01, 2022
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 1,
2022
October 2,
2021
October 1,
2022
October 2,
2021
Net Revenues
Electronic Systems$113,404 $104,721 $320,602 $306,622 
Structural Systems73,186 58,506 203,667 173,948 
Total Net Revenues$186,590 $163,227 $524,269 $480,570 
Segment Operating Income
Electronic Systems$13,881 $15,319 $36,902 $42,185 
Structural Systems6,687 4,457 12,839 15,177 
20,568 19,776 49,741 57,362 
Corporate General and Administrative Expenses (1)
(7,351)(6,413)(19,647)(20,297)
Total Operating Income$13,217 $13,363 $30,094 $37,065 
Depreciation and Amortization Expenses
Electronic Systems$3,510 $3,547 $10,500 $10,396 
Structural Systems4,100 3,599 12,659 10,540 
Corporate Administration59 58 176 176 
Total Depreciation and Amortization Expenses$7,669 $7,204 $23,335 $21,112 
Capital Expenditures
Electronic Systems$3,192 $1,964 $7,831 $3,865 
Structural Systems1,175 1,598 7,033 6,154 
Corporate Administration— — — — 
Total Capital Expenditures$4,367 $3,562 $14,864 $10,019 
(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 1,
2022
December 31,
2021
Total Assets
Electronic Systems$537,425 $490,814 
Structural Systems414,971 408,118 
Corporate Administration (1)
37,107 79,803 
Total Assets$989,503 $978,735 
Goodwill and Intangibles
Electronic Systems$184,823 $191,789 
Structural Systems149,423 153,669 
Total Goodwill and Intangibles$334,246 $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.