Business Segment Information (Tables)

3 Months Ended

Apr. 01, 2023

Segment Reporting [Abstract]

Schedule of Financial Information by Reportable Segment

Financial information by reportable operating segment was as follows:

	(Dollars in thousands) Three Months Ended
	April 1, 2023		April 2, 2022
Net Revenues
Electronic Systems	$	105,626	$	97,466
Structural Systems	75,565		66,015
Total Net Revenues	$	181,191	$	163,481
Segment Operating Income
Electronic Systems	$	10,011	$	9,411
Structural Systems	4,745		4,887
	14,756		14,298
Corporate General and Administrative Expenses (1)	(8,384)		(5,175)
Total Operating Income	$	6,372	$	9,123
Depreciation and Amortization Expenses
Electronic Systems	$	3,498	$	3,506
Structural Systems	4,432		4,203
Corporate Administration	59		59
Total Depreciation and Amortization Expenses	$	7,989	$	7,768
Capital Expenditures
Electronic Systems	$	1,851	$	1,696
Structural Systems	3,130		3,372
Corporate Administration	—		—
Total Capital Expenditures	$	4,981	$	5,068

(1)Includes costs not allocated to either the Electronic Systems or Structural Systems operating segments.

Schedule of Segment Assets

Our segment assets are as follows:

	(Dollars in thousands)
	April 1, 2023		December 31, 2022
Total Assets
Electronic Systems	$	544,302	$	543,298
Structural Systems	425,736		410,565
Corporate Administration (1)	36,040		67,643
Total Assets	$	1,006,078	$	1,021,506
Goodwill and Intangibles
Electronic Systems	$	180,179	$	182,501
Structural Systems	146,804		148,107
Total Goodwill and Intangibles	$	326,983	$	330,608

(1)Includes assets not specifically identified to or allocated to either the Electronic Systems or Structural Systems operating segments, including cash and cash equivalents.