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Segments
 3 Months Ended
Jan. 03, 2026
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Segments Segments
Disaggregation of net sales by segment for the three months ended January 3, 2026 and December 28, 2024 are as follows:
Three Months Ended
Market TypeJanuary 3,
2026		December 28,
2024
Net sales:
Space$122,863 $108,187 
Defense201,415 139,597 
Space and Defense324,278 247,784 
Original Equipment Manufacturers
177,656 166,207 
Aftermarket69,755 47,213 
Military Aircraft247,411 213,420 
Original Equipment Manufacturers
170,296 141,077 
Aftermarket97,547 77,413 
Commercial Aircraft267,843 218,490 
Energy34,119 28,285 
Industrial Automation116,812 96,114 
Simulation and Test36,328 35,493 
Medical73,555 68,296 
Industrial260,814 228,188 
Net sales$1,100,346 $907,882 
Three Months Ended
Customer TypeJanuary 3,
2026		December 28,
2024
Net sales:
Commercial$62,347 $59,102 
U.S. Government (including OEM)211,001 162,285 
Other50,930 26,397 
Space and Defense324,278 247,784 
U.S. Government (including OEM)196,223 160,775 
Other51,188 52,645 
Military Aircraft
247,411 213,420 
Commercial258,239 209,326 
Other9,604 9,164 
Commercial Aircraft
267,843 218,490 
Commercial257,513 226,146 
U.S. Government (including OEM)820 591 
Other2,481 1,451 
Industrial260,814 228,188 
Commercial578,099 494,574 
U.S. Government (including OEM)408,044 323,651 
Other114,203 89,657 
Net sales$1,100,346 $907,882 
Three Months Ended
Revenue Recognition MethodJanuary 3,
2026		December 28,
2024
Net sales:
Over-time$284,079 $223,382 
Point in time40,199 24,402 
Space and Defense324,278 247,784 
Over-time213,802 176,554 
Point in time33,609 36,866 
Military Aircraft247,411 213,420 
Over-time205,632 161,212 
Point in time62,211 57,278 
Commercial Aircraft267,843 218,490 
Over-time22,862 26,967 
Point in time237,952 201,221 
Industrial260,814 228,188 
Over-time726,375 588,115 
Point in time373,971 319,767 
Net sales$1,100,346 $907,882 
The Company’s Chief Operating Decision Maker (“CODM”) is the President and Chief Executive Officer. The CODM is responsible for allocating resources and assessing performance based on the segment’s operating profit or loss, among other considerations. Segment operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation, non-service pension expense and other corporate expenses. Cost of sales and other operating expenses are directly attributable to the respective segment or allocated on the basis of sales, headcount or profit. Long-lived tangible assets and total asset information by segment in not provided to, or reviewed by our CODM as it is not used to make strategic decisions, allocate resources, or assess performance.

We report results to our CODM under our four segments identified as Space and Defense, Military Aircraft, Commercial Aircraft and Industrial. Disaggregation of operating results by segment and reconciliations to consolidated amounts are as follows:

Three Months Ended
(dollars in thousands)January 3, 2026December 28, 2024
Net sales:
Space and Defense$324,278 $247,784 
Military Aircraft247,411 213,420 
Commercial Aircraft267,843 218,490 
Industrial260,814 228,188 
Total net sales1,100,346 907,882 
Cost of sales:
Space and Defense$229,501 $182,499 
Military Aircraft187,417 159,749 
Commercial Aircraft220,008 175,736 
Industrial169,180 144,820 
Total cost of sales$806,106 $662,804 
Research and development:
Space and Defense$8,181 $5,331 
Military Aircraft5,115 5,999 
Commercial Aircraft2,369 2,533 
Industrial8,969 9,742 
Total research and development$24,634 $23,605 
Selling, general and administrative:
Space and Defense$43,094 $31,410 
Military Aircraft26,991 24,419 
Commercial Aircraft17,461 14,827 
Industrial46,515 44,324 
Corporate expenses9,943 8,832 
Equity based compensation expense4,955 4,325 
Total selling, general and administrative$148,959 $128,137 
Other operating (income) expenses:
Space and Defense$732 $(236)
Military Aircraft(240)(356)
Commercial Aircraft(409)(373)
Industrial16 3,854 
Total other operating expenses$99 $2,889 
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 for the three months ended January 3, 2026 and December 28, 2024 are as follows:
Three Months Ended
January 3,
2026		December 28,
2024
Operating profit:
Space and Defense$42,770 $28,780 
Military Aircraft28,128 23,609 
Commercial Aircraft28,414 25,767 
Industrial36,134 25,448 
Total operating profit135,446 103,604 
Deductions from operating profit:
Interest expense17,195 16,248 
Equity-based compensation expense4,955 4,325 
Non-service pension expense1,130 1,946 
Corporate and other expenses, net10,952 6,650 
Earnings before income taxes$101,214 $74,435 
Depreciation and amortization:
Space and Defense$7,102 $5,565 
Military Aircraft9,680 8,136 
Commercial Aircraft4,591 4,740 
Industrial6,189 6,264 
Corporate36 47 
Total depreciation and amortization$27,598 $24,752 
Capital expenditures:
Space and Defense$13,372 $14,405 
Military Aircraft10,217 8,403 
Commercial Aircraft6,921 3,014 
Industrial3,864 6,949 
Corporate6 7 
Total capital expenditures$34,380 $32,778