Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The carrying amounts of goodwill, by operating segment, for the years ended December 31, 2023 and 2022 were as follows: 

	(In thousands)
	Electronic Systems		Structural Systems		Consolidated Ducommun
Gross goodwill	$	199,157	$	85,972	$	285,129
Accumulated goodwill impairment	(81,722)		—		(81,722)
Balance at December 31, 2022	117,435		85,972		203,407
Goodwill from acquisition during period	—		41,193		41,193
Balance at December 31, 2023	$	117,435	$	127,165	$	244,600

Schedule of Other Intangible Assets

Intangible assets are as follows:

 

		(In thousands)
		December 31, 2023						December 31, 2022
	Wtd. Avg Life (Yrs)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived assets
Customer relationships	17	$	261,300	$	142,423	$	118,877	$	246,300	$	127,999	$	118,301
Trade names and trademarks	16	10,400		2,258		8,142		5,500		1,670		3,830
Contract renewal	14	1,845		1,845		—		1,845		1,845		—
Technology	23	36,000		1,376		34,624		400		318		82
Backlog	2	600		600		—		600		312		288
Total finite-lived assets		310,145		148,502		161,643		254,645		132,144		122,501
Indefinite-lived assets
Trade names and trademarks		4,700		—		4,700		4,700		—		4,700
Total		$	314,845	$	148,502	$	166,343	$	259,345	$	132,144	$	127,201

The carrying amount of other intangible assets by operating segment as of December 31, 2023 and 2022 was as follows:

 

	(In thousands)
	December 31, 2023						December 31, 2022
	Gross		Accumulated Amortization		Net Carrying Value		Gross		Accumulated Amortization		Net Carrying Value
Other intangible assets
Electronic Systems	$	164,545	$	108,766	$	55,779	$	164,545	$	99,479	$	65,066
Structural Systems	150,300		39,736		110,564		94,800		32,665		62,135
Total	$	314,845	$	148,502	$	166,343	$	259,345	$	132,144	$	127,201

Schedule of Future Amortization Expense

Future amortization expense by operating segment is expected to be as follows:

 

	(In thousands)
	Electronic Systems		Structural Systems		Consolidated Ducommun
2024	$	9,288	$	7,452	$	16,740
2025	9,288		7,464		16,752
2026	9,288		7,440		16,728
2027	9,288		7,437		16,725
2028	9,288		6,892		16,180
Thereafter	9,339		69,179		78,518
	$	55,779	$	105,864	$	161,643