Revenue (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2025
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	47,415	$	119,134	$	23,833	$	190,382
Industrial		28,181		84,789		28,659		141,629
A&D		105,031		5,044		16,180		126,255
Medical		60,743		35,936		12,891		109,570
AC&C		42,840		31,659		—		74,499
External revenue		284,210		276,562		81,563		642,335
Elimination of intersegment sales		11,007		10,504		1,836		23,347
Segment revenue	$	295,217	$	287,066	$	83,399	$	665,682

	Six Months Ended June 30, 2025
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	91,497	$	243,376	$	50,576	$	385,449
Industrial		56,068		164,040		58,268		278,376
A&D		208,539		8,672		30,900		248,111
Medical		115,229		72,255		25,723		213,207
AC&C		87,003		61,953		—		148,956
External revenue		558,336		550,296		165,467		1,274,099
Elimination of intersegment sales		21,159		20,809		4,211		46,179
Segment revenue	$	579,495	$	571,105	$	169,678	$	1,320,278

	Three Months Ended June 30, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	54,471	$	85,258	$	32,135	$	171,864
Industrial		35,671		79,276		26,756		141,703
A&D		94,262		2,680		11,898		108,840
Medical		56,014		42,952		12,585		111,551
AC&C		92,648		39,288		2		131,938
External revenue		333,066		249,454		83,376		665,896
Elimination of intersegment sales		10,075		8,216		2,480		20,771
Segment revenue	$	343,141	$	257,670	$	85,856	$	686,667

	Six Months Ended June 30, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	108,129	$	167,157	$	62,517	$	337,803
Industrial		65,321		163,487		53,927		282,735
A&D		181,125		11,802		21,747		214,674
Medical		117,877		85,178		23,223		226,278
AC&C		209,280		70,682		19		279,981
External revenue		681,732		498,306		161,433		1,341,471
Elimination of intersegment sales		33,738		17,180		4,919		55,837
Segment revenue	$	715,470	$	515,486	$	166,352	$	1,397,308

Changes In Contract Assets

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

	Six Months Ended June 30,
(in thousands)	2025			2024
Balance as of the beginning of the year	$	167,578		$	174,979
Revenue recognized		1,112,985			1,153,907
Amounts collected or invoiced		(1,105,462	)		(1,146,796	)
Balance as of the end of the period	$	175,101		$	182,090