Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.22.2.2
Revenue (Tables)
9 Months Ended
Oct. 01, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities during the nine months ended October 1, 2022:
(In thousands) Contract Assets Contract Liabilities
Beginning Balance, January 1, 2022
$ 25,941  $ 28,495 
Ending Balance, October 1, 2022
$ 31,263  $ 29,838 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as follows:
Nine Months Ended Three Months Ended
(In thousands) October 1, 2022 October 2, 2021 October 1, 2022 October 2, 2021
Aerospace Segment
Commercial Transport
$ 211,721  $ 143,550  $ 78,389  $ 57,549 
Military
41,336  54,847  12,463  17,064 
General Aviation
48,748  41,131  14,751  12,109 
Other
21,056  26,874  6,574  9,044 
Aerospace Total 322,861  266,402  112,177  95,766 
Test Systems Segment
Aerospace & Defense
53,880  62,454  19,261  16,075 
Test Systems Total 53,880  62,454  19,261  16,075 
Total $ 376,741  $ 328,856  $ 131,438  $ 111,841 
The following table presents our revenue disaggregated by Product Lines as follows:
Nine Months Ended Three Months Ended
(In thousands) October 1, 2022 October 2, 2021 October 1, 2022 October 2, 2021
Aerospace Segment
Electrical Power & Motion
$ 132,757  $ 102,742  $ 46,155  $ 38,650 
Lighting & Safety
90,339  76,929  29,740  25,461 
Avionics
67,453  47,355  24,172  14,491 
Systems Certification
6,656  7,937  3,985  6,099 
Structures
4,600  4,565  1,551  2,021 
Other
21,056  26,874  6,574  9,044 
Aerospace Total 322,861  266,402  112,177  95,766 
Test Systems 53,880  62,454  19,261  16,075 
Total $ 376,741  $ 328,856  $ 131,438  $ 111,841