The Company reports financial performance based on the following two reportable segments: Systems & Support and Aerospace Structures. The Company’s reportable segments are aligned with how the business is managed, and the Company's views of the markets it serves. The Chief Operating Decision Maker (the "CODM") evaluates performance and allocates resources based upon review of segment information. The CODM utilizes earnings before interest, income taxes, depreciation and amortization, and pension (“Adjusted EBITDAP”) as a primary measure of segment profitability to evaluate the performance of its segments and allocate resources.

Segment Adjusted EBITDAP is total segment revenue reduced by operating expenses (less depreciation and amortization) identifiable with that segment. Corporate includes general corporate administrative costs and any other costs not identifiable with one of the Company’s segments, including loss on sale of assets and businesses of $9,294 for the year ended March 31, 2022.

The Company does not accumulate net sales information by product or service or groups of similar products and services, and therefore the Company does not disclose net sales by product or service because to do so would be impracticable.

Selected financial information for each reportable segment is as follows:


	Year Ended March 31, 2022
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	1,459,942		$	—		$	1,030,413		$	429,529
Intersegment sales (eliminated in consolidation)		—			(49	)		31			18
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		220,259			—			190,055			30,204

Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(49,635	)		(3,245	)		(32,464	)		(13,926	)
Interest expense and other, net		(135,861	)
Corporate expenses		(50,834	)
Share-based compensation expense		(9,782	)
Loss on sale of assets and businesses		(9,294	)
Amortization of acquired contract liabilities		5,871
Non-service defined benefit income		5,373
Impairment of long-lived assets		(2,308	)
Debt extinguishment loss		(11,624	)
Income before income taxes		(37,835	)

Total capital expenditures	$	19,660		$	711		$	15,716		$	3,233
Total assets	$	1,761,166		$	200,100		$	1,377,348		$	183,718


	Year Ended March 31, 2021
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	1,869,719		$	—		$	1,056,822		$	812,897
Intersegment sales (eliminated in consolidation)		—			(4,653	)		3,179			1,474
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		173,197			—			155,693			17,504

Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(93,334	)		(3,459	)		(33,549	)		(56,326	)
Interest expense and other, net		(171,397	)
Corporate expenses		(51,104	)
Share-based compensation expense		(12,701	)
Loss on sale of assets and businesses		(104,702	)
Amortization of acquired contract liabilities		38,564
Non-service defined benefit income		49,519
Impairment of rotable inventory		(23,689	)
Impairment of long-lived assets		(252,382	)
Income before income taxes		(448,029	)

Total capital expenditures	$	25,178		$	1,030		$	15,239		$	8,909
Total assets	$	2,450,935		$	536,003		$	1,469,593		$	445,339


	Year Ended March 31, 2020
	Total			Corporate & Eliminations			Systems & Support			Aerospace Structures
Net sales to external customers	$	2,900,117		$	—		$	1,350,761		$	1,549,356
Intersegment sales (eliminated in consolidation)		—			(13,334	)		6,803			6,531
Segment profit and reconciliation to consolidated income before income taxes:
Adjusted EBITDAP		305,784			—			205,352			100,432

Reconciliation of segment profit to income (loss) before income taxes
Depreciation and amortization		(138,168	)		(3,374	)		(32,376	)		(102,418	)
Interest expense and other, net		(122,129	)
Corporate expenses		(53,082	)
Share-based compensation expense		(11,062	)
Loss on sale of assets and businesses		(56,916	)
Amortization of acquired contract liabilities		75,286
Non-service defined benefit income		40,587
Union represented employee incentives		(7,071	)
Legal judgment gain, net		9,257
Impairment of goodwill		(66,121	)
Income before income taxes		(23,635	)

Total capital expenditures	$	39,834		$	1,502		$	17,141		$	21,191

During fiscal years ended March 31, 2022, 2021, and 2020, the Company had foreign sales of $309,961, $359,406, and $724,193, respectively. The Company reports as foreign sales those sales with delivery points outside of the United States. As of March 31, 2022 and 2021, the Company had foreign long-lived assets of $143,272 and $213,919, respectively.