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 28, 2020:
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(In thousands) |
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Contract Assets |
Contract Liabilities |
Beginning Balance, January 1, 2020 |
|
$ |
19,567 |
|
$ |
38,758 |
|
Ending Balance, March 28, 2020 |
|
$ |
17,127 |
|
$ |
37,750 |
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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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(In thousands) |
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March 28, 2020 |
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March 30, 2019 |
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Aerospace Segment |
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|
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|
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Commercial Transport |
|
$ |
102,775 |
|
|
$ |
141,778 |
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|
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Military |
|
18,113 |
|
20,953 |
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|
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Business Jet |
|
15,006 |
|
19,837 |
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Other |
|
5,176 |
|
5,933 |
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Aerospace Total |
|
141,070 |
|
188,501 |
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Test Systems Segment |
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Semiconductor |
|
1,634 |
|
3,354 |
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Aerospace & Defense |
|
14,880 |
|
16,319 |
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Test Systems Total |
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16,514 |
|
19,673 |
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Total |
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$ |
157,584 |
|
|
$ |
208,174 |
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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) |
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March 28, 2020 |
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March 30, 2019 |
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Aerospace Segment |
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|
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Electrical Power & Motion |
|
$ |
69,456 |
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$ |
92,537 |
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Lighting & Safety |
|
37,922 |
|
48,605 |
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Avionics |
|
22,143 |
|
33,861 |
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Systems Certification |
|
3,331 |
|
1,618 |
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Structures |
|
3,042 |
|
5,947 |
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Other |
|
5,176 |
|
5,933 |
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Aerospace Total |
|
141,070 |
|
188,501 |
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Test Systems |
|
16,514 |
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19,673 |
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Total |
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$ |
157,584 |
|
|
$ |
208,174 |
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