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Segment Information (Tables)
3 Months Ended
Jan. 01, 2022
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Sales And Operating Profit By Segment And Reconciliation Of Segment Operating Profit To Earnings Before Income Taxes
Disaggregation of net sales by segment for the three months ended January 1, 2022 and January 2, 2021 are as follows:
Three Months Ended
Market TypeJanuary 1,
2022
January 2,
2021
Net sales:
Military$185,949 $205,698 
Commercial117,368 81,076 
Aircraft Controls303,317 286,774 
Space87,583 77,811 
Defense120,273 110,351 
Space and Defense Controls207,856 188,162 
Energy31,466 28,644 
Industrial Automation102,143 95,231 
Simulation and Test22,175 20,126 
Medical57,129 65,017 
Industrial Systems212,913 209,018 
Net sales$724,086 $683,954 
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 for the three months ended January 1, 2022 and January 2, 2021 and a reconciliation of segment operating profit to earnings before income taxes are as follows:
Three Months Ended
January 1,
2022
January 2,
2021
Operating profit:
Aircraft Controls$41,915 $27,922 
Space and Defense Controls21,299 23,046 
Industrial Systems17,191 19,898 
Total operating profit80,405 70,866 
Deductions from operating profit:
Interest expense7,982 8,420 
Equity-based compensation expense2,658 2,502 
Non-service pension expense1,485 920 
Corporate and other expenses, net6,857 8,653 
Earnings before income taxes$61,423 $50,371 
Sales by Major Customer Type
Three Months Ended
Customer TypeJanuary 1,
2022
January 2,
2021
Net sales:
Commercial$117,368 $81,076 
U.S. Government (including OEM)143,879 156,677 
Other42,070 49,021 
Aircraft Controls303,317 286,774 
Commercial24,323 31,134 
U.S. Government (including OEM)170,015 138,172 
Other13,518 18,856 
Space and Defense Controls207,856 188,162 
Commercial207,235 201,953 
U.S. Government (including OEM)3,786 6,321 
Other1,892 744 
Industrial Systems212,913 209,018 
Commercial348,926 314,163 
U.S. Government (including OEM)317,680 301,170 
Other57,480 68,621 
Net sales$724,086 $683,954 
Revenue Recognition Method
Three Months Ended
Revenue Recognition MethodJanuary 1, 2022January 2, 2021
Net sales:
Over-time$246,649 $230,120 
Point in time56,668 56,654 
Aircraft Controls303,317 286,774 
Over-time192,446 174,311 
Point in time15,410 13,851 
Space and Defense Controls207,856 188,162 
Over-time29,025 27,734 
Point in time183,888 181,284 
Industrial Systems212,913 209,018 
Over-time468,120 432,165 
Point in time255,966 251,789 
Net sales$724,086 $683,954