XML 38 R28.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Revenue (Tables)
6 Months Ended
Jun. 29, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities during the six months ended June 29, 2024:
(In thousands)Contract AssetsContract Liabilities
Beginning Balance, January 1, 2024
$46,321 $22,888 
Ending Balance, June 29, 2024
$53,291 $18,448 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as follows:
Six Months EndedThree Months Ended
(In thousands)June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Aerospace Segment
Commercial Transport
$249,829 $206,292 $128,399 $112,079 
Military Aircraft
41,860 27,648 24,781 13,584 
General Aviation
38,566 44,463 19,015 25,015 
Other
10,326 15,576 4,748 7,704 
Aerospace Total340,581 293,979 176,943 158,382 
Test Systems Segment
Government & Defense
42,607 37,013 21,171 16,072 
Test Systems Total42,607 37,013 21,171 16,072 
Total$383,188 $330,992 $198,114 $174,454 
The following table presents our revenue disaggregated by Product Lines as follows:
Six Months EndedThree Months Ended
(In thousands)June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Aerospace Segment
Electrical Power & Motion
$173,452 $121,400 $90,328 $67,946 
Lighting & Safety
88,241 78,471 46,454 41,918 
Avionics
54,565 60,664 28,971 30,923 
Systems Certification
7,812 13,297 3,364 7,620 
Structures
6,185 4,571 3,078 2,271 
Other
10,326 15,576 4,748 7,704 
Aerospace Total340,581 293,979 176,943 158,382 
Test Systems42,607 37,013 21,171 16,072 
Total$383,188 $330,992 $198,114 $174,454