XML 35 R26.htm IDEA: XBRL DOCUMENT v3.22.2
REVENUE (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following table illustrates the approximate percentage of revenue recognized for performance obligations satisfied over-time versus at a point-in-time for the three and six months ended June 30, 2022 and 2021:
Three Months EndedSix Months Ended
June 30,June 30,
2022202120222021
Over-time53 %52 %53 %52 %
Point-in-time47 %48 %47 %48 %
The following table presents the Corporation’s total net sales disaggregated by end market and customer type:

Total Net Sales by End Market and Customer TypeThree Months EndedSix Months Ended
June 30,June 30,
(In thousands)2022202120222021
Aerospace & Defense
Aerospace Defense$94,545 $99,977 $192,549 $210,993 
Ground Defense44,393 48,221 83,501 103,967 
Naval Defense172,786 177,724 335,753 355,629 
Commercial Aerospace68,192 71,555 129,084 128,824 
Total Aerospace & Defense$379,916 $397,477 $740,887 $799,413 
Commercial
Power & Process$125,355 $125,333 $230,143 $230,837 
General Industrial104,086 98,685 197,788 188,304 
Total Commercial$229,441 $224,018 $427,931 $419,141 
Total$609,357 $621,495 $1,168,818 $1,218,554