Revenue (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following tables provide a summary of the Company’s revenue disaggregated by market sector and a reconciliation of the disaggregated revenue to the Company’s revenue by reportable operating segment:

	Three Months Ended March 31, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	53,658	$	81,899	$	30,382	$	165,939
Complex Industrials		29,650		84,211		27,171		141,032
Medical		61,863		42,226		10,638		114,727
A&D		86,863		9,122		9,849		105,834
Advanced Computing		83,184		7,345		—		90,529
Next-Generation Communications		33,448		24,049		17		57,514
External revenue		348,666		248,852		78,057		675,575
Elimination of intersegment sales		23,663		8,964		2,439		35,066
Segment revenue	$	372,329	$	257,816	$	80,496	$	710,641

	Three Months Ended March 31, 2023
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	60,949	$	64,737	$	22,783	$	148,469
Complex Industrials		29,048		80,052		34,426		143,526
Medical		68,282		54,158		14,609		137,049
A&D		66,302		7,923		5,190		79,415
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

Schedule of Contract Assets Activity

A summary of activity related to the Company’s contract assets follows:

	Three Months Ended March 31,
(in thousands)	2024			2023
Balance as of the beginning of the year	$	174,979		$	183,613
Revenue recognized		577,000			630,774
Amounts collected or invoiced		(571,165	)		(620,253	)
Balance as of the end of the period	$	180,814		$	194,134