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SEGMENT INFORMATION (Table)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
Three Months EndedSix Months Ended
June 30,June 30,
(In thousands)2021202020212020
Net sales
Aerospace & Industrial$200,254 $177,612 $381,392 $404,633 
Defense Electronics163,468 139,927 345,766 280,238 
Naval & Power259,496 233,035 495,076 468,049 
Less: Intersegment revenues(1,723)(527)(3,680)(1,642)
Total consolidated$621,495 $550,047 $1,218,554 $1,151,278 
Operating income (expense)
Aerospace & Industrial$31,977 $9,615 $51,002 $41,755 
Defense Electronics29,271 24,736 65,894 48,799 
Naval & Power43,095 29,146 81,152 57,256 
Corporate and other (1)
(9,760)(8,148)(18,399)(20,015)
Total consolidated$94,583 $55,349 $179,649 $127,795 
(1) Includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Three Months EndedSix Months Ended
June 30,June 30,
(In thousands)2021202020212020
Total operating income$94,583 $55,349 $179,649 $127,795 
Interest expense10,180 8,515 20,139 16,004 
Other income (expense), net440 (4,105)5,283 1,427 
Earnings before income taxes$84,843 $42,729 $164,793 $113,218 
Reconciliation Of Assets From Segment To Consolidated
(In thousands)June 30, 2021December 31, 2020
Identifiable assets
Aerospace & Industrial$1,022,568 $1,020,294 
Defense Electronics1,551,428 1,542,686 
Naval & Power1,285,349 1,255,325 
Corporate and Other195,953 175,445 
Assets held for sale29,687 27,584 
Total consolidated$4,084,985 $4,021,334