Revenue (Tables)

3 Months Ended

Mar. 31, 2025

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, 2025
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	44,082	$	124,242	$	26,743	$	195,067
Industrial		27,887		79,251		29,609		136,747
A&D		103,508		3,628		14,720		121,856
Medical		54,486		36,319		12,832		103,637
AC&C		44,163		30,294		—		74,457
External revenue		274,126		273,734		83,904		631,764
Elimination of intersegment sales		10,152		10,305		2,375		22,832
Segment revenue	$	284,278	$	284,039	$	86,279	$	654,596

	Three Months Ended March 31, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	53,658	$	81,899	$	30,382	$	165,939
Industrial		29,650		84,211		27,171		141,032
A&D		86,863		9,122		9,849		105,834
Medical		61,863		42,226		10,638		114,727
AC&C		116,632		31,394		17		148,043
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

Changes In Contract Assets

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

	Three Months Ended March 31,
(in thousands)	2025			2024
Balance as of the beginning of the year	$	167,578		$	174,979
Revenue recognized		545,545			577,000
Amounts collected or invoiced		(541,135	)		(571,165	)
Balance as of the end of the period	$	171,988		$	180,814