Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Details)

v3.23.2
Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Dec. 31, 2022
Segment Reporting Information          
Sales $ 174,454 $ 129,127 $ 330,992 $ 245,303  
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) 2,396 (8,396) 26 (12,563)  
Deductions from Segment Measure of Operating Profit (Loss):          
Net Gain on Sale of Business 0 0 (3,427) (11,284)  
Interest Expense, Net of Interest Income 5,920 1,662 11,390 3,293  
Loss Before Income Taxes (3,902) (10,349) (7,027) (5,325)  
Reversal of a deferred revenue liability 10,600 8,900 19,500 11,200  
Total Assets 653,588   653,588   $ 615,031
Aerospace          
Segment Reporting Information          
Sales 158,382 109,290 293,979 210,684  
Test Systems          
Segment Reporting Information          
Sales 16,072 19,837 37,013 34,619  
Operating Segments          
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) $ 7,576 $ (3,302) $ 11,066 $ (2,039)  
Operating margins, percentage 4.30% (2.60%) 3.30% (0.80%)  
Operating Segments | Aerospace          
Segment Reporting Information          
Sales $ 158,386 $ 109,300 $ 294,101 $ 210,694  
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) $ 13,719 $ (3,276) $ 17,806 $ (226)  
Operating margins, percentage 8.70% (3.00%) 6.10% (0.10%)  
Deductions from Segment Measure of Operating Profit (Loss):          
Jobs protection program grant, recognized       $ 6,000  
Total Assets $ 520,564   $ 520,564   481,416
Operating Segments | Test Systems          
Segment Reporting Information          
Sales 16,072 $ 19,840 37,013 34,638  
Segment Measure of Operating Profit (Loss) and Margins          
Total Segment Measure of Operating Profit (Loss) $ (6,143) $ (26) $ (6,740) $ (1,813)  
Operating margins, percentage (38.20%) (0.10%) (18.20%) (5.20%)  
Deductions from Segment Measure of Operating Profit (Loss):          
Reversal of a deferred revenue liability     $ (5,800)    
Operating loss     (12,600)    
Total Assets $ 119,440   119,440   111,513
Less Inter-segment Sales | Aerospace          
Segment Reporting Information          
Sales (4) $ (10) (122) $ (10)  
Less Inter-segment Sales | Test Systems          
Segment Reporting Information          
Sales 0 (3) 0 (19)  
Corporate Expenses and Other          
Deductions from Segment Measure of Operating Profit (Loss):          
Corporate Expenses and Other 5,558 $ 5,385 10,130 $ 11,277  
Income associated with reversal of liability related to equity investment     (1,800)    
Total Assets $ 13,584   $ 13,584   $ 22,102