Summary of Contract Assets and Liabilities |
The following table presents the beginning and ending balances of contract assets and contract liabilities during the three months ended March 30, 2019:
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(In thousands) |
|
Contract Assets |
Contract Liabilities |
Beginning Balance, January 1, 2019 |
|
$ |
33,030 |
$ |
27,347 |
Ending Balance, March 30, 2019 |
|
$ |
38,680 |
$ |
31,329 |
|
Disaggregation of Revenue |
The following table presents our revenue disaggregated by Market Segments as follows:
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|
|
|
|
Three Months Ended |
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|
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|
|
|
|
(In thousands) |
|
March 30, 2019 |
|
March 31, 2018 |
|
|
|
|
|
|
Aerospace Segment |
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|
|
|
|
|
|
|
|
|
Commercial Transport |
|
$ |
141,778 |
|
$ |
133,050 |
|
|
|
|
|
|
Military |
|
20,953 |
|
14,015 |
|
|
|
|
|
|
Business Jet |
|
19,837 |
|
10,664 |
|
|
|
|
|
|
Other |
|
5,933 |
|
6,871 |
|
|
|
|
|
|
Aerospace Total |
|
188,501 |
|
164,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Test Systems Segment |
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|
|
|
|
|
|
|
|
|
Semiconductor |
|
3,354 |
|
7,060 |
|
|
|
|
|
|
Aerospace & Defense |
|
16,319 |
|
7,399 |
|
|
|
|
|
|
Test Systems Total |
|
19,673 |
|
14,459 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
208,174 |
|
$ |
179,059 |
|
|
|
|
|
|
The following table presents our revenue disaggregated by Product Lines as follows:
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|
Three Months Ended |
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|
|
|
|
|
|
(In thousands) |
|
March 30, 2019 |
|
March 31, 2018 |
|
|
|
|
|
|
Aerospace Segment |
|
|
|
|
|
|
|
|
|
|
Electrical Power & Motion |
|
$ |
92,537 |
|
$ |
72,678 |
|
|
|
|
|
|
Lighting & Safety |
|
48,605 |
|
41,642 |
|
|
|
|
|
|
Avionics |
|
33,861 |
|
33,023 |
|
|
|
|
|
|
Systems Certification |
|
1,618 |
|
4,783 |
|
|
|
|
|
|
Structures |
|
5,947 |
|
5,603 |
|
|
|
|
|
|
Other |
|
5,933 |
|
6,871 |
|
|
|
|
|
|
Aerospace Total |
|
188,501 |
|
164,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Test Systems |
|
19,673 |
|
14,459 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
208,174 |
|
$ |
179,059 |
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