XML 43 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue

In the following tables, revenue is disaggregated by market sector. The tables also include a reconciliation of the disaggregated revenue with the reportable operating segments. Elimination of intersegment sales includes intersegment sales between reportable operating segments.

 

 

 

Reportable Operating Segments

 

 

 

Three Months Ended March 31, 2023

 

(in thousands)

 

Americas

 

 

Asia

 

 

Europe

 

 

Total

 

Market Sector:

 

 

 

 

 

 

 

 

 

 

 

 

Industrials

 

$

29,048

 

 

$

80,052

 

 

$

34,426

 

 

$

143,526

 

A&D

 

 

66,302

 

 

 

7,923

 

 

 

5,190

 

 

 

79,415

 

Medical

 

 

68,282

 

 

 

54,158

 

 

 

14,609

 

 

 

137,049

 

Semi-Cap

 

 

60,949

 

 

 

64,737

 

 

 

22,783

 

 

 

148,469

 

Advanced Computing

 

 

88,604

 

 

 

7,394

 

 

 

 

 

 

95,998

 

Next Generation Communications

 

 

51,389

 

 

 

38,803

 

 

 

46

 

 

 

90,238

 

External revenue

 

 

364,574

 

 

 

253,067

 

 

 

77,054

 

 

 

694,695

 

Elimination of intersegment sales

 

 

32,633

 

 

 

14,976

 

 

 

801

 

 

 

48,410

 

Segment revenue

 

$

397,207

 

 

$

268,043

 

 

$

77,855

 

 

$

743,105

 

 

 

 

Three Months Ended March 31, 2022

 

(in thousands)

 

Americas

 

 

Asia

 

 

Europe

 

 

Total

 

Market Sector:

 

 

 

 

 

 

 

 

 

 

 

 

Industrials

 

$

18,726

 

 

$

84,458

 

 

$

33,962

 

 

$

137,146

 

A&D

 

 

68,701

 

 

 

7,015

 

 

 

5,471

 

 

 

81,187

 

Medical

 

 

67,979

 

 

 

38,993

 

 

 

9,901

 

 

 

116,873

 

Semi-Cap

 

 

66,323

 

 

 

96,818

 

 

 

20,296

 

 

 

183,437

 

Advanced Computing

 

 

44,626

 

 

 

10,430

 

 

 

 

 

 

55,056

 

Next Generation Communications

 

 

27,514

 

 

 

34,765

 

 

 

105

 

 

 

62,384

 

External revenue

 

 

293,869

 

 

 

272,479

 

 

 

69,735

 

 

 

636,083

 

Elimination of intersegment sales

 

 

11,711

 

 

 

14,767

 

 

 

606

 

 

 

27,084

 

Segment revenue

 

$

305,580

 

 

$

287,246

 

 

$

70,341

 

 

$

663,167

 

 

Significant Changes in Contract Assets

Significant changes in the contract asset balance during the period are as follows:

 

 

 

Three Months Ended
March 31,

 

(in thousands)

 

2023

 

 

2022

 

Beginning balance

 

$

183,613

 

 

$

155,243

 

Revenue recognized

 

 

630,774

 

 

 

569,191

 

Amounts collected or invoiced

 

 

(620,253

)

 

 

(555,759

)

Ending balance

 

$

194,134

 

 

$

168,675