Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.20.4
Revenue (Tables)
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Summary of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities:
(In thousands) Contract Assets Contract Liabilities
Beginning Balance, January 1, 2020
 $ 19,567  $ 38,758 
Ending Balance, December 31, 2020
 $ 17,697  $ 28,641 
Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as of December 31 as follows:
(In thousands) 2020 2019 2018
Aerospace Segment
Commercial Transport
 $ 262,636  $ 523,921  $ 536,269 
Military
 67,944 76,542 68,138
Business Jet
 60,437 67,541 43,090
Other
 26,971 24,605 28,128
Aerospace Total 417,988 692,609 675,625
Test Systems Segment
Semiconductor
 3,483 9,692 84,254
Aerospace & Defense
 81,116 70,401 43,377
Test Systems Total 84,599 80,093 127,631
Total $ 502,587  $ 772,702  $ 803,256 
The following table presents our revenue disaggregated by Product Lines as of December 31 as follows:
(In thousands) 2020 2019 2018
Aerospace Segment
Electrical Power & Motion
 $ 179,245  $ 338,237  $ 303,180 
Lighting & Safety
 118,928 185,462 174,383
Avionics
 76,113 106,787 131,849
Systems Certification
 6,899 14,401 13,951
Structures
 9,832 23,117 24,134
Other
 26,971 24,605 28,128
Aerospace Total 417,988 692,609 675,625
Test Systems 84,599  80,093 127,631
Total $ 502,587  $ 772,702  $ 803,256