Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Details)

v3.24.3
Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Dec. 31, 2023
Segment Reporting Information          
Sales $ 203,698 $ 162,922 $ 586,886 $ 493,914  
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) 8,374 (14,479) 17,590 (14,453)  
(Additions to) Deductions from Segment Measure of Operating Profit:          
Net Gain on Sale of Business 0 0 0 (3,427)  
Loss on Extinguishment of Debt 6,987 0 6,987 0  
Interest Expense, Net of Interest Income 6,217 5,991 17,832 17,381  
Loss Before Income Taxes (5,173) (20,818) (8,443) (27,845)  
Deferred revenue liability 6,300 9,300 16,400 22,100  
Total Assets 651,597   651,597   $ 633,792
Non-Aerospace Contract Manufacturing Customer          
(Additions to) Deductions from Segment Measure of Operating Profit:          
Customer bankruptcy reserve 2,200 11,100 2,200 11,100  
Atypical warranty reserve 3,500   3,500    
Stock compensation expense 3,200   8,500    
Aerospace          
Segment Reporting Information          
Sales 177,554 142,104 518,135 436,083  
Test Systems          
Segment Reporting Information          
Sales 26,144 20,818 68,751 57,831  
(Additions to) Deductions from Segment Measure of Operating Profit:          
Stock compensation expense 700   1,800    
Operating Segments          
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) $ 14,238 $ (9,245) $ 37,200 $ 1,821  
Operating margins, percentage 7.00% (5.70%) 6.30% 0.40%  
Operating Segments | Aerospace          
Segment Reporting Information          
Sales $ 177,564 $ 142,116 $ 518,187 $ 436,217  
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) $ 14,251 $ (7,464) $ 45,628 $ 10,342  
Operating margins, percentage 8.00% (5.30%) 8.80% 2.40%  
(Additions to) Deductions from Segment Measure of Operating Profit:          
Total Assets $ 508,514   $ 508,514   493,660
Operating Segments | Test Systems          
Segment Reporting Information          
Sales 26,183 $ 20,818 68,790 $ 57,831  
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) $ (13) $ (1,781) $ (8,428) $ (8,521)  
Operating margins, percentage 0.00% (8.60%) (12.30%) (14.70%)  
(Additions to) Deductions from Segment Measure of Operating Profit:          
Deferred revenue liability       $ 5,800  
Total Assets $ 127,839   $ 127,839   122,681
Less Inter-segment Sales | Aerospace          
Segment Reporting Information          
Sales (10) $ (12) (52) (134)  
Less Inter-segment Sales | Test Systems          
Segment Reporting Information          
Sales (39) 0 (39) 0  
Corporate Expenses and Other          
(Additions to) Deductions from Segment Measure of Operating Profit:          
Corporate Expenses and Other 6,207 $ 5,582 20,824 15,712  
Income associated with reversal of liability related to equity investment       $ 1,800  
Total Assets $ 15,244   $ 15,244   $ 17,451