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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures Supplemental Cash Flow Information
(Dollars in thousands)
Years Ended December 31,
202220212020
Interest paid$10,983 $10,135 $11,859 
Taxes paid, net$3,825 $32,934 $3,810 
Non-cash activities:
     Purchases of property and equipment not paid$1,195 $1,333 $2,477 
Schedule of Contract with Customer, Asset and Liability Contract assets and contract liabilities from revenue contracts with customers are as follows:
(Dollars in thousands)
December 31,
2022
December 31,
2021
Contract assets$191,290 $176,405 
Contract liabilities$47,068 $42,077 
Schedule of Disaggregation of Revenue In addition to the revenue categories disclosed above, the following table reflects our revenue disaggregated by major end-use market:
(Dollars in thousands)
Years Ended December 31,
% of Net Revenues
Change2022202120222021
Consolidated Ducommun
Military and space$(33,147)$420,701 $453,848 59.1 %70.3 %
Commercial aerospace
91,778 247,509 155,731 34.7 %24.1 %
Industrial8,493 44,327 35,834 6.2 %5.6 %
Total$67,124 $712,537 $645,413 100.0 %100.0 %
Electronic Systems
Military and space$(13,730)$314,181 $327,911 71.3 %79.5 %
Commercial aerospace33,227 82,130 48,903 18.6 %11.8 %
Industrial8,493 44,327 35,834 10.1 %8.7 %
Total$27,990 $440,638 $412,648 100.0 %100.0 %
Structural Systems
Military and space$(19,417)$106,520 $125,937 39.2 %54.1 %
Commercial aerospace58,551 165,379 106,828 60.8 %45.9 %
Total$39,134 $271,899 $232,765 100.0 %100.0 %
Schedule of 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:
 
(In thousands, except per share data)
Years Ended December 31,
 202220212020
Net income$28,789 $135,536 $29,174 
Weighted-average number of common shares outstanding
Basic weighted-average common shares outstanding12,074 11,879 11,676 
Dilutive potential common shares292 372 256 
Diluted weighted-average common shares outstanding12,366 12,251 11,932 
Earnings per share
Basic$2.38 $11.41 $2.50 
Diluted$2.33 $11.06 $2.45 
Schedule of Weighted Average Number of Shares Outstanding Excluded from Computation of Diluted Earnings Potentially dilutive stock awards to purchase common stock, as shown below, were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive. However, these shares may be potentially dilutive common shares in the future.
(In thousands)
Years Ended December 31,
 202220212020
Stock options and stock units52 254