Segments (Tables)

12 Months Ended

Oct. 03, 2020

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment Information And Reconciliations To Consolidated Amounts

Disaggregation of net sales by segment are as follows:

Market Type	2020		2019		2018
Net sales:
Military	$	721,024	$	622,126	$	571,886
Commercial	484,726		680,846		621,619
Aircraft Controls	1,205,750		1,302,972		1,193,505
Space	294,254		218,970		214,741
Defense	475,860		464,498		366,136
Space and Defense Controls	770,114		683,468		580,877
Energy	127,693		120,771		163,888
Industrial Automation	405,291		447,515		430,754
Simulation and Test	102,600		122,935		127,321
Medical	273,106		227,002		213,123
Industrial Systems	908,690		918,223		935,086
Net sales	$	2,884,554	$	2,904,663	$	2,709,468

Customer Type	2020		2019		2018
Net sales:
Commercial	$	484,726	$	680,846	$	621,619
U.S. Government (including OEM)	593,093		484,203		447,148
Other	127,931		137,923		124,738
Aircraft Controls	1,205,750		1,302,972		1,193,505
Commercial	133,715		124,445		116,984
U.S. Government (including OEM)	571,045		513,250		424,848
Other	65,354		45,773		39,045
Space and Defense Controls	770,114		683,468		580,877
Commercial	877,148		888,132		904,439
U.S. Government (including OEM)	23,184		20,452		25,886
Other	8,358		9,639		4,761
Industrial Systems	908,690		918,223		935,086
Commercial	1,495,589		1,693,423		1,643,042
U.S. Government (including OEM)	1,187,322		1,017,905		897,882
Other	201,643		193,335		168,544
Net sales	$	2,884,554	$	2,904,663	$	2,709,468

Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense, non-service pension expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, manpower or profit. Operating profit by segment and reconciliations to consolidated amounts are as follows:

	2020		2019		2018
Operating profit:
Aircraft Controls	$	34,670	$	122,701	$	129,772
Space and Defense Controls	101,667		88,990		67,615
Industrial Systems	80,025		109,451		64,964
Total operating profit	216,362		321,142		262,351
Deductions from operating profit:
Interest expense	38,897		39,269		36,238
Equity-based compensation expense	5,661		6,464		5,804
Pension settlement	121,324		—		—
Non-service pension expense	15,231		19,552		8,436
Corporate and other expenses, net	29,832		28,905		29,694
Earnings before income taxes	$	5,417	$	226,952	$	182,179
Depreciation and amortization:
Aircraft Controls	$	39,782	$	41,144	$	40,795
Space and Defense Controls	18,039		18,014		17,900
Industrial Systems	28,644		25,454		28,825
Corporate	507		648		1,052
Total depreciation and amortization	$	86,972	$	85,260	$	88,572
Identifiable assets:
Aircraft Controls	$	1,322,335	$	1,300,781	$	1,168,964
Space and Defense Controls	761,874		737,141		660,589
Industrial Systems	1,102,222		1,040,659		1,077,022
Corporate	39,400		35,656		57,473
Total assets	$	3,225,831	$	3,114,237	$	2,964,048
Capital expenditures:
Aircraft Controls	$	47,954	$	68,595	$	46,705
Space and Defense Controls	22,505		23,903		22,452
Industrial Systems	17,700		25,808		25,156
Corporate	125		116		204
Total capital expenditures	$	88,284	$	118,422	$	94,517

Sales, Based On The Customer's Location, And Property, Plant And Equipment By Geographic Area

Sales, based on the customer’s location, and property, plant and equipment by geographic area are as follows:

	2020		2019		2018
Net sales:
United States	$	1,873,667	$	1,757,518	$	1,592,513
Germany	175,598		213,128		202,676
Japan	159,025		166,690		158,686
France	86,759		143,019		138,054
Other	589,505		624,308		617,539
Net sales	$	2,884,554	$	2,904,663	$	2,709,468
Property, plant and equipment, net:
United States	$	389,454	$	365,136	$	325,088
United Kingdom	58,888		56,253		61,438
Philippines	37,270		61,910		63,870
Other	114,886		103,468		102,469
Property, plant and equipment, net	$	600,498	$	586,767	$	552,865