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Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2022
Revenue [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
Summarized financial information by business segment is as follows:
For the Three Months EndedFor the Nine Months Ended
September 30,
2022
October 1,
2021
September 30,
2022
October 1,
2021
In thousands
Net sales:
Engineered Products$92,052 $84,399 $263,269 $235,134 
Precision Products46,282 63,584 135,098 195,656 
Structures33,670 31,853 92,451 103,056 
Net sales$172,004 $179,836 $490,818 $533,846 
Operating income (loss):
Engineered Products$14,156 $14,931 $40,665 $29,595 
Precision Products5,730 13,792 11,689 46,274 
Structures71 330 (1,376)(871)
Corporate expense(20,196)(10,487)(42,728)(31,166)
Other unallocated income (expenses), net(1)
685 (2,604)(2,467)(7,425)
Operating income$446 $15,962 $5,783 $36,407 
(1) Other unallocated expenses (income), net include costs from the TSA, restructuring and severance costs, (gain) loss on sale of business, and net loss (gain) on sale of assets.
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenue

The following tables disaggregate segment revenue by major product line:
For the Three Months Ended
September 30, 2022
Engineered ProductsPrecision ProductsStructuresTotal
In thousands
Defense$13,356 $5,171 $20,805 $39,332 
Safe and Arm Devices— 37,460 — 37,460 
Commercial, Business & General Aviation39,852 2,457 11,006 53,315 
Medical21,782 — 1,859 23,641 
Industrial & Other17,062 1,194 — 18,256 
Total revenue$92,052 $46,282 $33,670 $172,004 
For the Three Months Ended
October 1, 2021
Engineered ProductsPrecision ProductsStructuresTotal
In thousands
Defense$15,856 $7,263 $19,898 $43,017 
Safe and Arm Devices— 49,393 — 49,393 
Commercial, Business & General Aviation29,711 4,953 10,082 44,746 
Medical20,123 — 1,873 21,996 
Industrial & Other18,709 1,975 — 20,684 
Total revenue$84,399 $63,584 $31,853 $179,836 
For the Nine Months Ended
September 30, 2022
Engineered ProductsPrecision ProductsStructuresTotal
In thousands
Defense$32,351 $17,122 $53,158 $102,631 
Safe and Arm Devices— 96,345 — 96,345 
Commercial, Business & General Aviation109,874 18,119 33,138 161,131 
Medical65,614 — 6,155 71,769 
Industrial & Other55,430 3,512 — 58,942 
Total revenue$263,269 $135,098 $92,451 $490,818 
For the Nine Months Ended
October 1, 2021
Engineered ProductsPrecision ProductsStructuresTotal
In thousands
Defense$38,941 $21,516 $65,951 $126,408 
Safe and Arm Devices— 148,985 — 148,985 
Commercial, Business & General Aviation81,643 20,727 31,464 133,834 
Medical59,800 — 5,641 65,441 
Industrial & Other54,750 4,428 — 59,178 
Total revenue$235,134 $195,656 $103,056 $533,846 
5. REVENUE AND SEGMENT INFORMATION (CONTINUED)

Disaggregation of Revenue - continued

The following table disaggregates total revenue by product types.
For the Three Months EndedFor the Three Months Ended
September 30, 2022October 1, 2021
Engineered ProductsPrecision ProductsStructuresTotalEngineered ProductsPrecision ProductsStructuresTotal
Original Equipment Manufacturer40 %%19 %61 %35 %%18 %56 %
Aftermarket14 %%— %17 %12 %%— %17 %
Safe and Arm Devices— %22 %— %22 %— %27 %— %27 %
Total revenue54 %27 %19 %100 %47 %35 %18 %100 %
For the Nine Months EndedFor the Nine Months Ended
September 30, 2022October 1, 2021
Engineered ProductsPrecision ProductsStructuresTotalEngineered ProductsPrecision ProductsStructuresTotal
Original Equipment Manufacturer41 %%19 %64 %34 %%19 %58 %
Aftermarket12 %%— %16 %10 %%— %14 %
Safe and Arm Devices— %20 %— %20 %— %28 %— %28 %
Total revenue53 %28 %19 %100 %44 %37 %19 %100 %
Research and Development
The following table presents research and development costs by segment:

For the Three Months EndedFor the Nine Months Ended
September 30,
2022
October 1,
2021
September 30,
2022
October 1,
2021
In thousands
Engineered Products$2,106 $1,826 $6,470 $6,429 
Precision Products1,812 540 7,599 3,378 
Structures19 174 196 197 
Total research and development costs$3,937 $2,540 $14,265 $10,004 
Schedule of Change in Accounting Estimate [Table Text Block]
Net changes in revenue associated with cost growth on the Company's over time contracts were as follows:
For the Three Months EndedFor the Nine Months Ended
September 30,
2022
October 1,
2021
September 30,
2022
October 1,
2021
In thousands
Net (decrease) increase in revenue due to change in profit estimates$(892)$(937)$580 $(1,518)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] Backlog at September 30, 2022 and December 31, 2021, and the portion of backlog the Company expects to recognize revenue on over the next twelve months is as follows:
September 30,
 2022(1)
December 31,
2021
(in thousands)
Engineered Products$286,164 $169,144 
Precision Products175,332 180,082 
Structures304,441 351,697 
  Total Backlog$765,937 $700,923 
(1) The Company expects to recognize revenue on approximately 65% of backlog as of September 30, 2022 over the next twelve months.
[1]
Reconciliation of Assets from Segment to Consolidated
Summarized asset information by business segment is as follows:
September 30,
2022
December 31,
2021
In thousands
Engineered Products$1,044,671 $623,899 
Precision Products289,680 250,146 
Structures133,232 125,027 
Corporate(1)
96,951 199,410 
Total identifiable assets(2)
$1,564,534 $1,198,482 
(1) For the periods presented, the corporate identifiable assets are principally comprised of cash, short-term and long-term deferred income tax assets, cash surrender value of life insurance policies and fixed assets.
(2) Identifiable assets are assets at their respective net carrying values segregated as to segment and corporate use.
[1] The Company expects to recognize revenue on approximately 65% of backlog as of September 30, 2022 over the next twelve months.