XML 44 R31.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Revenue from Contracts with Customers (Tables)
6 Months Ended
Mar. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The table below includes the Company’s revenue for the fiscal years indicated disaggregated by geographic reportable segment and market sector (in thousands):
Three Months Ended
March 30, 2024
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$162,816 $157,015 $58,580 $378,411 
Industrial71,007 275,494 71,683 418,184 
Aerospace/Defense84,677 62,356 23,272 170,305 
     External revenue318,500 494,865 153,535 966,900 
Inter-segment sales3,282 26,127 1,227 30,636 
    Segment revenue$321,782 $520,992 $154,762 $997,536 
Three Months Ended
April 1, 2023
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$228,245 $206,442 $52,683 $487,370 
Industrial98,686 312,840 27,755 439,281 
Aerospace/Defense76,731 47,445 19,996 144,172 
     External revenue403,662 566,727 100,434 1,070,823 
Inter-segment sales4,144 20,543 1,360 26,047 
    Segment revenue$407,806 $587,270 $101,794 $1,096,870 
Six Months Ended
March 30, 2024
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$328,423 $321,737 $109,184 $759,344 
Industrial154,908 580,252 117,683 852,843 
Aerospace/Defense167,398 123,048 46,874 337,320 
     External revenue650,729 1,025,037 273,741 1,949,507 
Inter-segment sales4,750 48,439 2,959 56,148 
    Segment revenue$655,479 $1,073,476 $276,700 $2,005,655 
Six Months Ended
April 1, 2023
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$443,626 $429,732 $101,879 $975,237 
Industrial201,713 663,424 46,226 911,363 
Aerospace/Defense144,753 93,099 40,296 278,148 
     External revenue790,092 1,186,255 188,401 2,164,748 
Inter-segment sales7,376 42,919 2,766 53,061 
    Segment revenue$797,468 $1,229,174 $191,167 $2,217,809 
Schedule of Contract Assets The following table summarizes the activity in the Company's contract assets during the six months ended March 30, 2024 and April 1, 2023 (in thousands):
Six Months Ended
March 30, 2024April 1, 2023
Contract assets, beginning of period$142,297 $138,540 
Revenue recognized during the period1,625,857 1,743,054 
Amounts collected or invoiced during the period(1,636,980)(1,748,565)
Contract assets, end of period$131,174 $133,029