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 April 3, 2021:
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(In thousands) |
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Contract Assets |
Contract Liabilities |
Beginning Balance, January 1, 2021 |
|
$ |
17,697 |
|
$ |
28,641 |
|
Ending Balance, April 3, 2021 |
|
$ |
25,510 |
|
$ |
31,285 |
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|
Disaggregation of Revenue |
The following table presents our revenue disaggregated by Market Segments as follows:
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|
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Three Months Ended |
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|
(In thousands) |
|
April 3, 2021 |
|
March 28, 2020 |
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|
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Aerospace Segment |
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|
|
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|
|
|
|
Commercial Transport |
|
$ |
38,208 |
|
|
$ |
102,775 |
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|
|
|
|
Military |
|
20,982 |
|
|
18,113 |
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|
|
|
|
Business Jet |
|
14,028 |
|
|
15,006 |
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|
|
|
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Other |
|
8,198 |
|
|
5,176 |
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|
|
|
|
Aerospace Total |
|
81,416 |
|
|
141,070 |
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|
|
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|
|
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|
|
|
|
|
Test Systems Segment |
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|
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|
|
Semiconductor |
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— |
|
|
1,634 |
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|
|
|
|
Aerospace & Defense |
|
24,441 |
|
|
14,880 |
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|
|
|
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Test Systems Total |
|
24,441 |
|
|
16,514 |
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|
|
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|
|
|
|
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|
|
|
|
Total |
|
$ |
105,857 |
|
|
$ |
157,584 |
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|
|
|
|
The following table presents our revenue disaggregated by Product Lines as follows:
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Three Months Ended |
|
|
(In thousands) |
|
April 3, 2021 |
|
March 28, 2020 |
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|
|
|
Aerospace Segment |
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|
|
|
|
|
|
|
Electrical Power & Motion |
|
$ |
29,344 |
|
|
$ |
69,456 |
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|
|
|
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Lighting & Safety |
|
27,100 |
|
|
37,922 |
|
|
|
|
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Avionics |
|
14,843 |
|
|
22,143 |
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|
|
|
|
Systems Certification |
|
878 |
|
|
3,331 |
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|
|
|
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Structures |
|
1,053 |
|
|
3,042 |
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|
|
|
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Other |
|
8,198 |
|
|
5,176 |
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|
|
|
|
Aerospace Total |
|
81,416 |
|
|
141,070 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
Test Systems |
|
24,441 |
|
|
16,514 |
|
|
|
|
|
|
|
|
|
|
|
|
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Total |
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$ |
105,857 |
|
|
$ |
157,584 |
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