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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 21,247 $ 76,316
Accounts receivable, net of allowance for credit losses of $615 and $1,098 at October 1, 2022 and December 31, 2021, respectively 94,328 72,261
Contract assets 194,496 176,405
Inventories 172,060 150,938
Production cost of contracts 6,187 8,024
Other current assets 10,735 8,625
Total Current Assets 499,053 492,569
Property and Equipment, Net of Accumulated Depreciation of $179,298 and $168,132 at October 1, 2022 and December 31, 2021, respectively 105,887 102,419
Operating Lease Right-of-Use Assets 36,611 33,265
Goodwill 203,407 203,694
Intangibles, Net 130,839 141,764
Other Assets 13,706 5,024
Total Assets 989,503 978,735
Current Liabilities    
Accounts payable 89,720 66,059
Contract liabilities 34,057 42,077
Accrued and other liabilities 44,257 41,291
Operating lease liabilities 7,164 6,133
Current portion of long-term debt 6,250 7,000
Total Current Liabilities 181,448 162,560
Long-Term Debt, Less Current Portion 242,061 279,384
Non-Current Operating Lease Liabilities 30,632 28,074
Deferred Income Taxes 14,123 18,727
Other Long-Term Liabilities 12,452 15,388
Total Liabilities 480,716 504,133
Commitments and Contingencies
Shareholders’ Equity    
Common Stock - $0.01 par value; 35,000,000 shares authorized; 12,102,308 and 11,925,087 shares issued and outstanding at October 1, 2022 and December 31, 2021, respectively 121 119
Additional Paid-In Capital 110,025 104,253
Retained Earnings 397,971 377,263
Accumulated Other Comprehensive Income (Loss) 670 (7,033)
Total Shareholders’ Equity 508,787 474,602
Total Liabilities and Shareholders’ Equity $ 989,503 $ 978,735