Schedule of Contract Assets and Liabilities |
The following table presents the beginning and ending balances of contract assets and contract liabilities:
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(In thousands) |
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Contract Assets |
|
Contract Liabilities |
Beginning Balance, January 1, 2025 |
|
$ |
54,171 |
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|
$ |
28,171 |
|
Ending Balance, March 29, 2025 |
|
$ |
56,040 |
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|
$ |
31,099 |
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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) |
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March 29, 2025 |
|
March 30, 2024 |
Aerospace Segment |
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Commercial Transport |
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|
|
$ |
137,542 |
|
|
$ |
121,430 |
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Military Aircraft |
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|
33,263 |
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|
17,079 |
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General Aviation |
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|
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|
15,243 |
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|
19,551 |
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Other |
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|
|
|
5,327 |
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|
5,578 |
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Aerospace Total |
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|
|
|
|
191,375 |
|
|
163,638 |
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Test Systems Segment |
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Government & Defense |
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14,561 |
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|
21,436 |
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Test Systems Total |
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|
14,561 |
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|
21,436 |
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Total |
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|
|
$ |
205,936 |
|
|
$ |
185,074 |
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The following table presents our revenue disaggregated by Product Lines as follows:
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Three Months Ended |
(In thousands) |
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March 29, 2025 |
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March 30, 2024 |
Aerospace Segment |
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Electrical Power & Motion |
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|
|
|
$ |
100,080 |
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$ |
83,124 |
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Lighting & Safety |
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|
49,671 |
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|
41,787 |
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Avionics |
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|
|
|
|
28,234 |
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|
25,594 |
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Systems Certification |
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|
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|
5,068 |
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|
4,448 |
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Structures |
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|
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|
2,995 |
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|
3,107 |
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Other |
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|
5,327 |
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|
5,578 |
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Aerospace Total |
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|
|
|
191,375 |
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|
163,638 |
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Test Systems |
|
|
|
|
|
14,561 |
|
|
21,436 |
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Total |
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$ |
205,936 |
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$ |
185,074 |
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