Segment Information (Tables)

3 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Below are the sales and operating profit by segment for the three months ended March 30, 2024 and April 1, 2023, and a reconciliation of segment operating profit to loss before income taxes. Operating profit is net sales less cost of products sold and other operating expenses excluding interest and corporate expenses. Cost of products sold and other operating expenses are directly identifiable to the respective segment.

	Three Months Ended
(In thousands)	March 30, 2024			April 1, 2023
Sales:
Aerospace	$	163,675		$	135,715
Less Inter-segment Sales	(37)			(118)
Total Aerospace Sales	163,638			135,597
Test Systems	21,436			20,941
Less Inter-segment Sales	—			—
Total Test Systems Sales	21,436			20,941
Total Consolidated Sales	$	185,074		$	156,538
Segment Measure of Operating Profit and Margins
Aerospace	$	12,097		$	4,087
	7.4		%	3.0		%
Test Systems	(3,079)			(597)
	(14.4)		%	(2.9)		%
Total Segment Measure of Operating Profit	9,018			3,490
	4.9		%	2.2		%
Deductions from Segment Measure of Operating Profit:
Net Gain on Sale of Business	—			(3,427)
Interest Expense, Net of Interest Income	5,759			5,470
Corporate Expenses and Other	7,788			4,572
Loss Before Income Taxes	$	(4,529)		$	(3,125)

Total Assets:

(In thousands)	March 30, 2024		December 31, 2023
Aerospace	$	490,506	$	493,660
Test Systems	126,008		122,681
Corporate	13,450		17,451
Total Assets	$	629,964	$	633,792