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Segment Information (Tables)
3 Months Ended
Dec. 30, 2023
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 December 30, 2023 and December 31, 2022 are as follows:
Three Months Ended
Market TypeDecember 30,
2023
December 31,
2022
Net sales:
Space$99,610 $95,885 
Defense130,518 121,900 
Space and Defense230,128 217,785 
Original Equipment Manufacturers141,371 132,768 
Aftermarket44,873 45,032 
Military Aircraft186,244 177,800 
Original Equipment Manufacturers129,702 80,675 
Aftermarket64,520 51,784 
Commercial Aircraft194,222 132,459 
Energy32,770 31,570 
Industrial Automation116,415 111,118 
Simulation and Test37,505 28,325 
Medical59,566 61,046 
Industrial246,256 232,059 
Net sales$856,850 $760,103 
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 December 30, 2023 and December 31, 2022 and a reconciliation of segment operating profit to earnings before income taxes are as follows:
Three Months Ended
December 30,
2023
December 31,
2022
Operating profit:
Space and Defense$25,297 $20,294 
Military Aircraft19,589 15,201 
Commercial Aircraft20,626 14,517 
Industrial29,024 36,751 
Total operating profit94,536 86,763 
Deductions from operating profit:
Interest expense16,694 13,132 
Equity-based compensation expense4,165 2,974 
Non-service pension expense3,187 3,099 
Corporate and other expenses, net7,879 7,257 
Earnings before income taxes$62,611 $60,301 
Sales by Major Customer Type
Three Months Ended
Customer TypeDecember 30,
2023
December 31,
2022
Net sales:
Commercial$34,304 $24,576 
U.S. Government (including OEM)176,402 179,435 
Other19,422 13,774 
Space and Defense230,128 217,785 
U.S. Government (including OEM)135,165 129,782 
Other51,079 48,018 
Military Aircraft186,244 177,800 
Commercial184,675 129,006 
Other9,547 3,453 
Commercial Aircraft194,222 132,459 
Commercial242,386 225,839 
U.S. Government (including OEM)2,840 1,280 
Other1,030 4,940 
Industrial246,256 232,059 
Commercial461,365 379,421 
U.S. Government (including OEM)314,407 310,497 
Other81,078 70,185 
Net sales$856,850 $760,103 
Revenue Recognition Method
Three Months Ended
Revenue Recognition MethodDecember 30,
2023
December 31,
2022
Net sales:
Over-time$210,195 $202,090 
Point in time19,933 15,695 
Space and Defense230,128 217,785 
Over-time151,956 143,290 
Point in time34,288 34,510 
Military Aircraft186,244 177,800 
Over-time142,903 103,566 
Point in time51,319 28,893 
Commercial Aircraft194,222 132,459 
Over-time31,750 33,056 
Point in time214,506 199,003 
Industrial246,256 232,059 
Over-time536,804 482,002 
Point in time320,046 278,101 
Net sales$856,850 $760,103