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Business Segment Information
 9 Months Ended
Sep. 27, 2025
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 an operating segment as well as a reportable segment. Electronic Systems designs, engineers and manufactures high-reliability electronic and electromechanical products used in worldwide technology-driven markets including A&D and Industrial end-use markets. Structural Systems designs, engineers and manufactures large, complex contoured aerostructure components and assemblies and supplies composite and metal bonded structures and assemblies.
Our chief operating decision maker (“CODM”) is the Chairman, President and Chief Executive Officer. The measure used by the CODM to assess segment performance is segment operating income. Monitoring of segment operating income budgeted versus actual results is used for assessing performance of the segment and in establishing management’s compensation.
Financial information by reportable segment was as follows:
(Dollars in thousands)
Three Months Ended		(Dollars in thousands)
Nine Months Ended
September 27, 2025September 28, 2024September 27, 2025September 28, 2024
 Electronic SystemsStructural SystemsTotalElectronic SystemsStructural Systems (1)TotalElectronic SystemsStructural SystemsTotalElectronic SystemsStructural Systems (1)Total
Consolidated Net Revenues$123,082$89,476$212,558$115,412$86,000$201,412$343,056$265,876$608,932$324,391$264,868$589,259
Less: Significant Expenses
Cost of sales90,477 65,606 84,468 64,268 248,972 198,150 235,827 201,719 
Selling, general and administrative expenses11,436 11,431 11,943 11,610 33,630 34,507 33,317 36,590 
Restructuring charges71 512 91 1,833 242 1,375 562 4,843 
Segment Operating Income$21,098 $11,927 33,025 $18,910 $8,289 27,199 $60,212 $31,844 92,056 $54,685 $21,716 76,401 
Reconciliation of Profit or Loss (Segment Operating Income)
Unallocated Amounts:
Corporate general and administrative expenses (2)
(113,075)(11,933)(138,358)(34,589)
Operating (Loss) Income(80,050)15,266 (46,302)41,812 
Interest Expense(2,927)(3,829)(9,198)(11,687)
Other Income— — 1,746 — 
(Loss) Income Before Taxes$(82,977)$11,437 $(53,754)$30,125 
(1) Structural Systems restructuring charges for the three and nine months ended September 28, 2024 included zero and $0.9 million, respectively, recorded as cost of sales.
(2) Includes costs not allocated to either the Electronic Systems or Structural Systems operating segments.
Additional financial information by reportable segment was as follows:
(Dollars in thousands)
Three Months Ended		(Dollars in thousands)
Nine Months Ended
 September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Depreciation and Amortization Expenses
Electronic Systems$3,553 $3,575 $10,694 $10,869 
Structural Systems4,670 4,849 14,182 14,058 
Corporate Administration115 107 319 202 
Total Depreciation and Amortization Expenses$8,338 $8,531 $25,195 $25,129 
Capital Expenditures
Electronic Systems$1,216 $1,011 $4,264 $2,950 
Structural Systems1,029 1,295 6,272 4,172 
Corporate Administration 109 — 122 3,024 
Total Capital Expenditures$2,354 $2,306 $10,658 $10,146 
Segment assets include assets directly identifiable with each segment. Corporate assets include assets not specifically identified with a business segment, including cash. The following table summarizes our segment assets:
(Dollars in thousands)
 September 27,
2025		December 31,
2024
Total Assets
Electronic Systems$551,863 $507,428 
Structural Systems 547,176 551,213 
Corporate Administration149,531 67,460 
Total Assets$1,248,570 $1,126,101 
Goodwill and Intangibles
Electronic Systems$156,960 $163,926 
Structural Systems 224,667 230,265 
Total Goodwill and Intangibles$381,627 $394,191