Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.19.3.a.u2
Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Summary of Contract Assets and Liabilities The following table presents the beginning and ending balances of contract assets and contract liabilities:
(In thousands) Contract Assets Contract Liabilities
Beginning Balance, January 1, 2019 $ 33,030    $ 27,347   
Ending Balance, December 31, 2019 $ 19,567    $ 38,758   
Disaggregation of Revenue
The following table presents our revenue disaggregated by Market Segments as of December 31 as follows:
(In thousands) 2019 2018 2017
Aerospace Segment
Commercial Transport
$ 523,921    $ 536,269    $ 414,523   
Military
76,542 68,138 61,270
Business Jet
67,541 43,090 41,298
Other
24,605 28,128 17,512
Aerospace Total 692,609 675,625 534,603
Test Systems Segment
Semiconductor
9,692 84,254 31,999
Aerospace & Defense
70,401 43,377 57,862
Test Systems Total 80,093 127,631 89,861
Total $ 772,702    $ 803,256    $ 624,464   
The following table presents our revenue disaggregated by Product Lines as of December 31 as follows:
(In thousands) 2019 2018 2017
Aerospace Segment
Electrical Power & Motion
$ 338,237    $ 303,180    $ 264,286   
Lighting & Safety
185,462 174,383 158,663
Avionics
106,787 131,849 53,960
Systems Certification
14,401 13,951 14,333
Structures
23,117 24,134 25,849
Other
24,605 28,128 17,512
Aerospace Total 692,609 675,625 534,603
Test Systems 80,093    127,631 89,861
Total $ 772,702    $ 803,256    $ 624,464