Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events
6 Months Ended
Jul. 03, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent EventsAs of July 3, 2021, the Company has agreed to sell certain facilities within the Aerospace segment as a result of consolidating certain facilities. Accordingly, the property, plant and equipment assets associated with these facilities of $3.8 million have been classified as held for sale in the Consolidated Condensed Balance Sheets at July 3, 2021. Subsequent to July 3, 2021, the Company signed an agreement with a buyer to sell the facilities. The gain on sale of approximately $5.3 million will be recorded during the third quarter of 2021.