Annual report pursuant to Section 13 and 15(d)

REVENUE (Tables)

v3.22.0.1
REVENUE (Tables)
 12 Months Ended
Dec. 31, 2021
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, 2021
 $ 17,697  $ 28,641 
Ending Balance, December 31, 2021
 $ 25,941  $ 28,495 
Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as of December 31 as follows:
(In thousands) 2021 2020 2019
Aerospace Segment
Commercial Transport
 $ 201,990  $ 262,636  $ 523,921 
Military
 70,312 67,944 76,542
Business Jet
 56,673 60,437 67,541
Other
 36,263 26,971 24,605
Aerospace Total 365,238 417,988 692,609
Test Systems Segment
Semiconductor
 —  3,483 9,692
Aerospace & Defense
 79,670 81,116 70,401
Test Systems Total 79,670 84,599 80,093
Total $ 444,908  $ 502,587  $ 772,702 
The following table presents our revenue disaggregated by Product Lines as of December 31 as follows:
(In thousands) 2021 2020 2019
Aerospace Segment
Electrical Power & Motion
 $ 141,746  $ 179,245  $ 338,237 
Lighting & Safety
 103,749 118,928 185,462
Avionics
 64,901 76,113 106,787
Systems Certification
 13,050 6,899 14,401
Structures
 5,529 9,832 23,117
Other
 36,263 26,971 24,605
Aerospace Total 365,238 417,988 692,609
Test Systems 79,670  84,599 80,093
Total $ 444,908  $ 502,587  $ 772,702