XML 52 R35.htm IDEA: XBRL DOCUMENT v3.22.4
REVENUE (Tables)
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Summary of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities:
(In thousands)Contract AssetsContract Liabilities
Beginning Balance, January 1, 2022
$25,941 $28,495 
Ending Balance, December 31, 2022
$27,349 $33,209 
Summary of Disaggregation of Revenue The following table presents our revenue disaggregated by Market Segments as of December 31 as follows:
(In thousands)202220212020
Aerospace Segment
Commercial Transport
$314,564 $201,990 $262,636 
Military
54,534 70,312 67,944 
General Aviation
63,395 56,673 60,437 
Other
28,703 36,263 26,971 
Aerospace Total461,196 365,238 417,988 
Test Systems Segment
Semiconductor
— — 3,483 
Aerospace & Defense
73,698 79,670 81,116 
Test Systems Total73,698 79,670 84,599 
Total$534,894 $444,908 $502,587 
The following table presents our revenue disaggregated by Product Lines as of December 31 as follows:
(In thousands)202220212020
Aerospace Segment
Electrical Power & Motion
$187,446 $141,746 $179,245 
Lighting & Safety
124,347 103,749 118,928 
Avionics
97,234 64,901 76,113 
Systems Certification
17,222 13,050 6,899 
Structures
6,244 5,529 9,832 
Other
28,703 36,263 26,971 
Aerospace Total461,196 365,238 417,988 
Test Systems73,698 79,670 84,599 
Total$534,894 $444,908 $502,587