Revenue (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	50,073	$	106,231	$	31,088	$	187,392
Complex Industrials		35,779		87,722		27,413		150,914
Medical		54,679		40,644		11,811		107,134
A&D		89,589		1,596		10,844		102,029
AC&C		68,609		41,663		6		110,278
External revenue		298,729		277,856		81,162		657,747
Elimination of intersegment sales		7,804		12,065		2,355		22,224
Segment revenue	$	306,533	$	289,921	$	83,517	$	679,971

	Nine Months Ended September 30, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	158,202	$	273,388	$	93,605	$	525,195
Complex Industrials		101,100		251,209		81,340		433,649
Medical		172,556		125,822		35,034		333,412
A&D		270,714		13,398		32,591		316,703
AC&C		277,889		112,345		25		390,259
External revenue		980,461		776,162		242,595		1,999,218
Elimination of intersegment sales		41,542		29,245		7,274		78,061
Segment revenue	$	1,022,003	$	805,407	$	249,869	$	2,077,279

	Three Months Ended September 30, 2023
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	65,920	$	75,103	$	24,231	$	165,254
Complex Industrials		28,504		94,939		30,198		153,641
Medical		92,509		46,968		9,653		149,130
A&D		84,821		8,833		6,033		99,687
AC&C		113,425		38,558		—		151,983
External revenue		385,179		264,401		70,115		719,695
Elimination of intersegment sales		14,177		10,762		1,297		26,236
Segment revenue	$	399,356	$	275,163	$	71,412	$	745,931

	Nine Months Ended September 30, 2023
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	189,939	$	216,522	$	71,369	$	477,830
Complex Industrials		96,390		270,369		97,245		464,004
Medical		251,001		146,136		33,978		431,115
A&D		215,185		25,655		18,426		259,266
AC&C		381,016		134,335		56		515,407
External revenue		1,133,531		793,017		221,074		2,147,622
Elimination of intersegment sales		67,252		37,039		2,783		107,074
Segment revenue	$	1,200,783	$	830,056	$	223,857	$	2,254,696

Schedule of Contract Assets Activity

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

	Nine Months Ended September 30,
(in thousands)	2024			2023
Balance as of the beginning of the year	$	174,979		$	183,613
Revenue recognized		1,734,408			1,911,958
Amounts collected or invoiced		(1,722,849	)		(1,905,486	)
Balance as of the end of the period	$	186,538		$	190,085