Business Segment Information (Tables)

9 Months Ended

Sep. 27, 2025

Segment Reporting [Abstract]

Schedule of Financial Information by Reportable Segment

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
	Electronic Systems		Structural Systems		Total		Electronic Systems		Structural Systems (1)		Total		Electronic Systems		Structural Systems		Total		Electronic Systems		Structural 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 sales	90,477		65,606				84,468		64,268				248,972		198,150				235,827		201,719
Selling, general and administrative expenses	11,436		11,431				11,943		11,610				33,630		34,507				33,317		36,590
Restructuring charges	71		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 Systems	4,670		4,849		14,182		14,058
Corporate Administration	115		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 Systems	1,029		1,295		6,272		4,172
Corporate Administration	109		—		122		3,024
Total Capital Expenditures	$	2,354	$	2,306	$	10,658	$	10,146

Schedule of Segment Assets

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 Administration	149,531		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