| Schedule of Segment Reporting Information |
Segment information and reconciliations to consolidated amounts are as follows:
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Three Months Ended |
| (In thousands) |
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April 4, 2026 |
|
March 29, 2025 |
| Sales: |
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| Aerospace |
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$ |
213,843 |
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$ |
191,388 |
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| Less Inter-segment Sales |
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(23) |
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(13) |
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| Total Aerospace Sales |
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213,820 |
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|
191,375 |
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| Test Systems |
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|
16,824 |
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|
14,592 |
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| Less Inter-segment Sales |
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(25) |
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(31) |
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| Total Test Systems Sales |
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16,799 |
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14,561 |
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| Total Consolidated Sales |
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230,619 |
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|
205,936 |
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Less1
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| Cost of Products Sold: |
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| Aerospace |
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143,127 |
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132,892 |
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66.9 |
% |
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69.4 |
% |
| Test Systems |
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12,359 |
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12,195 |
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73.6 |
% |
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83.8 |
% |
Other Segment Items2
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| Aerospace |
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35,361 |
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36,219 |
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| Test Systems |
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4,037 |
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|
4,589 |
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| Operating Profit and Margins: |
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| Aerospace |
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35,332 |
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|
22,264 |
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16.5 |
% |
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11.6 |
% |
| Test Systems |
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|
403 |
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(2,223) |
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2.4 |
% |
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(15.3) |
% |
| Total Operating Profit |
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35,735 |
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|
20,041 |
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15.5 |
% |
|
9.7 |
% |
| Deductions from Segment Measure of Operating Profit: |
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Interest Expense, Net of Interest Income |
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2,336 |
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|
3,150 |
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Corporate Expenses and Other |
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8,614 |
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6,717 |
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| Income Before Income Taxes |
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$ |
24,785 |
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$ |
10,174 |
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1 The significant expenses and amounts presented align with the segment-level information that is regularly provided to the CODM. Inter-segment expenses are included within the amounts shown.
2 Other segment items include Selling, General and Administrative Expenses, Research and Development Expenses, and sublease and rental income.
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(In thousands) |
|
April 4, 2026 |
|
December 31, 2025 |
| Total Assets: |
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Aerospace |
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$ |
604,480 |
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$ |
570,294 |
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Test Systems |
|
120,115 |
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|
119,603 |
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Corporate |
|
22,548 |
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|
16,781 |
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Total Assets |
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$ |
747,143 |
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$ |
706,678 |
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Three Months Ended |
(In thousands) |
|
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|
April 4, 2026 |
|
March 29, 2025 |
| Depreciation and Amortization: |
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Aerospace |
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$ |
5,379 |
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$ |
4,498 |
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Test Systems |
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|
505 |
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|
1,078 |
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Corporate |
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|
10 |
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|
12 |
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| Total Depreciation and Amortization |
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$ |
5,894 |
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$ |
5,588 |
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| Capital Expenditures: |
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Aerospace |
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$ |
10,731 |
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$ |
2,082 |
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Test Systems |
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|
429 |
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23 |
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| Total Capital Expenditures |
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$ |
11,160 |
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$ |
2,105 |
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