Revenue (Tables)

9 Months Ended

Sep. 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 September 30, 2025
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	44,042	$	113,772	$	27,347	$	185,161
Industrial		28,782		96,667		26,903		152,352
A&D		103,067		8,506		17,085		128,658
Medical		70,462		43,355		12,463		126,280
AC&C		50,137		38,090		—		88,227
External revenue		296,490		300,390		83,798		680,678
Elimination of intersegment sales		12,521		6,925		2,496		21,942
Segment revenue	$	309,011	$	307,315	$	86,294	$	702,620

	Nine Months Ended September 30, 2025
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	135,539	$	357,148	$	77,923	$	570,610
Industrial		84,850		260,707		85,171		430,728
A&D		311,606		17,178		47,985		376,769
Medical		185,691		115,610		38,186		339,487
AC&C		137,140		100,043		—		237,183
External revenue		854,826		850,686		249,265		1,954,777
Elimination of intersegment sales		33,680		27,734		6,707		68,121
Segment revenue	$	888,506	$	878,420	$	255,972	$	2,022,898

	Three Months Ended September 30, 2024
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	50,073	$	106,231	$	31,088	$	187,392
Industrial		35,779		87,722		27,413		150,914
A&D		89,589		1,596		10,844		102,029
Medical		54,679		40,644		11,811		107,134
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
Industrial		101,100		251,209		81,340		433,649
A&D		270,714		13,398		32,591		316,703
Medical		172,556		125,822		35,034		333,412
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

Changes In Contract Assets

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

	Nine Months Ended September 30,
(in thousands)	2025			2024
Balance as of the beginning of the year	$	167,578		$	174,979
Revenue recognized		1,718,689			1,734,408
Amounts collected or invoiced		(1,687,260	)		(1,722,849	)
Balance as of the end of the period	$	199,007		$	186,538