Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.23.3
Revenue (Tables)
 9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities during the nine months ended September 30, 2023:
(In thousands) Contract Assets Contract Liabilities
Beginning Balance, January 1, 2023
 $ 27,349  $ 33,209 
Ending Balance, September 30, 2023
 $ 39,654  $ 27,029 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as follows:
Nine Months Ended Three Months Ended
(In thousands) September 30, 2023 October 1, 2022 September 30, 2023 October 1, 2022
Aerospace Segment
Commercial Transport
 $ 308,016  $ 211,721  $ 101,724  $ 78,389 
Military Aircraft
 44,335  41,336  16,687  12,463 
General Aviation
 60,656  48,748  16,193  14,751 
Other
 23,076  21,056  7,500  6,574 
Aerospace Total 436,083  322,861  142,104  112,177 
Test Systems Segment
Government & Defense
 57,831  53,880  20,818  19,261 
Test Systems Total 57,831  53,880  20,818  19,261 
Total $ 493,914  $ 376,741  $ 162,922  $ 131,438 
The following table presents our revenue disaggregated by Product Lines as follows:
Nine Months Ended Three Months Ended
(In thousands) September 30, 2023 October 1, 2022 September 30, 2023 October 1, 2022
Aerospace Segment
Electrical Power & Motion
 $ 185,712  $ 132,757  $ 64,312  $ 46,155 
Lighting & Safety
 116,967  90,339  38,496  29,740 
Avionics
 83,011  67,453  22,347  24,172 
Systems Certification
 19,832  6,656  6,535  3,985 
Structures
 7,485  4,600  2,914  1,551 
Other
 23,076  21,056  7,500  6,574 
Aerospace Total 436,083  322,861  142,104  112,177 
Test Systems 57,831  53,880  20,818  19,261 
Total $ 493,914  $ 376,741  $ 162,922  $ 131,438