| Schedule 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 2, 2022:
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|
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|
| (In thousands) |
|
Contract Assets |
|
Contract Liabilities |
Beginning Balance, January 1, 2022 |
|
$ |
25,941 |
|
|
$ |
28,495 |
|
Ending Balance, April 2, 2022 |
|
$ |
29,841 |
|
|
$ |
28,214 |
|
|
| Schedule of Disaggregation of Revenue |
The following table presents our revenue disaggregated by Market Segments as follows:
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|
|
|
Three Months Ended |
| (In thousands) |
|
|
|
|
|
April 2, 2022 |
|
April 3, 2021 |
| Aerospace Segment |
|
|
|
|
|
|
|
|
Commercial Transport |
|
|
|
|
|
$ |
64,089 |
|
|
$ |
38,208 |
|
Military |
|
|
|
|
|
14,976 |
|
|
20,982 |
|
Business Jet |
|
|
|
|
|
15,867 |
|
|
14,028 |
|
Other |
|
|
|
|
|
6,462 |
|
|
8,198 |
|
| Aerospace Total |
|
|
|
|
|
101,394 |
|
|
81,416 |
|
|
|
|
|
|
|
|
|
|
| Test Systems Segment |
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|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
Aerospace & Defense |
|
|
|
|
|
14,782 |
|
|
24,441 |
|
| Test Systems Total |
|
|
|
|
|
14,782 |
|
|
24,441 |
|
|
|
|
|
|
|
|
|
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| Total |
|
|
|
|
|
$ |
116,176 |
|
|
$ |
105,857 |
|
The following table presents our revenue disaggregated by Product Lines as follows:
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|
|
Three Months Ended |
| (In thousands) |
|
|
|
|
|
April 2, 2022 |
|
April 3, 2021 |
| Aerospace Segment |
|
|
|
|
|
|
|
|
Electrical Power & Motion |
|
|
|
|
|
$ |
44,467 |
|
|
$ |
29,344 |
|
Lighting & Safety |
|
|
|
|
|
29,211 |
|
|
27,100 |
|
Avionics |
|
|
|
|
|
18,875 |
|
|
14,843 |
|
Systems Certification |
|
|
|
|
|
1,002 |
|
|
878 |
|
Structures |
|
|
|
|
|
1,377 |
|
|
1,053 |
|
Other |
|
|
|
|
|
6,462 |
|
|
8,198 |
|
| Aerospace Total |
|
|
|
|
|
101,394 |
|
|
81,416 |
|
|
|
|
|
|
|
|
|
|
| Test Systems |
|
|
|
|
|
14,782 |
|
|
24,441 |
|
|
|
|
|
|
|
|
|
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| Total |
|
|
|
|
|
$ |
116,176 |
|
|
$ |
105,857 |
|
|