XML 47 R30.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Revenue from Contracts with Customers (Tables)
9 Months Ended
Jun. 29, 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
June 29, 2024
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$168,686 $155,906 $55,417 $380,009 
Industrial73,015 270,101 59,997 403,113 
Aerospace/Defense86,155 71,024 20,450 177,629 
     External revenue327,856 497,031 135,864 960,751 
Inter-segment sales4,635 24,614 967 30,216 
    Segment revenue$332,491 $521,645 $136,831 $990,967 
Three Months Ended
July 1, 2023
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$205,496 $193,740 $51,764 $451,000 
Industrial97,527 300,258 29,928 427,713 
Aerospace/Defense63,409 57,785 21,703 142,897 
     External revenue366,432 551,783 103,395 1,021,610 
Inter-segment sales4,926 20,367 990 26,283 
    Segment revenue$371,358 $572,150 $104,385 $1,047,893 
Nine Months Ended
June 29, 2024
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$497,109 $477,643 $164,601 $1,139,353 
Industrial227,923 850,353 177,680 1,255,956 
Aerospace/Defense253,553 194,072 67,324 514,949 
     External revenue978,585 1,522,068 409,605 2,910,258 
Inter-segment sales9,385 73,053 3,926 86,364 
    Segment revenue$987,970 $1,595,121 $413,531 $2,996,622 
Nine Months Ended
July 1, 2023
Reportable Segment:
AMERAPACEMEATotal
Market Sector:
Healthcare/Life Sciences$649,122 $623,472 $153,643 $1,426,237 
Industrial299,240 963,682 76,154 1,339,076 
Aerospace/Defense208,162 150,884 61,999 421,045 
     External revenue1,156,524 1,738,038 291,796 3,186,358 
Inter-segment sales12,302 63,286 3,756 79,344 
    Segment revenue$1,168,826 $1,801,324 $295,552 $3,265,702 
Schedule of Contract Assets The following table summarizes the activity in the Company's contract assets during the nine months ended June 29, 2024 and July 1, 2023 (in thousands):
Nine Months Ended
June 29,
2024
July 1,
2023
Contract assets, beginning of period$142,297 $138,540 
Revenue recognized during the period2,419,196 2,589,181 
Amounts collected or invoiced during the period(2,445,511)(2,594,726)
Contract assets, end of period$115,982 $132,995