Revenue (Tables)

3 Months Ended

Mar. 31, 2026

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, 2026
(in thousands)	Americas		Asia		Europe		Total
Market sector:
Semi-Cap	$	43,385	$	119,607	$	27,673	$	190,665
Industrial		21,727		87,303		24,258		133,288
A&D		95,732		9,979		14,068		119,779
Medical		77,412		36,588		14,476		128,476
AC&C		63,344		41,728		—		105,072
External revenue		301,600		295,205		80,475		677,280
Elimination of intersegment sales		9,695		7,916		2,813		20,424
Segment revenue	$	311,295	$	303,121	$	83,288	$	697,704

	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

Changes In Contract Assets

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

	Three Months Ended March 31,
(in thousands)	2026			2025
Balance as of the beginning of the year	$	182,870		$	167,578
Revenue recognized		601,943			545,545
Amounts collected or invoiced		(593,879	)		(541,135	)
Balance as of the end of the period	$	190,934		$	171,988