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Segment Information (Tables)
9 Months Ended
Sep. 28, 2019
Segment Reporting [Abstract]  
Summary of Segment Reporting Information
Below are the sales and operating profit by segment for the three and nine months ended September 28, 2019 and September 29, 2018 and a reconciliation of segment operating profit to income before income taxes. Operating profit is net sales less cost of products sold and other operating expenses excluding interest and corporate expenses. Cost of products sold and other operating expenses are directly identifiable to the respective segment. 
Nine Months EndedThree Months Ended
(In thousands)September 28, 2019September 29, 2018September 28, 2019September 29, 2018
Sales
Aerospace$520,495  $500,445  $157,702  $169,588  
Less Intersegment Sales(5) (62) —  (9) 
Total Aerospace Sales520,490  500,383  157,702  169,579  
Test Systems53,995  99,956  19,346  43,095  
Less Intersegment Sales(195) —  (30) —  
Total Test Systems Sales53,800  99,956  19,316  43,095  
Total Consolidated Sales$574,290  $600,339  $177,018  $212,674  
Operating Profit and Margins
Aerospace
$48,949  $47,525  $8,789  $16,210  
9.4 %9.5 %5.6 %9.6 %
Test Systems
4,166  10,151  2,075  5,833  
7.7 %10.2 %10.7 %13.5 %
Total Operating Profit53,115  57,676  10,864  22,043  
9.2 %9.6 %6.1 %10.4 %
Additions/Deductions from Operating Profit
Net (Gain) Loss on Sale of Businesses(78,801) —  1,332  —  
Interest Expense, Net of Interest Income
4,576  7,326  1,547  2,511  
Corporate Expenses and Other
15,755  13,662  6,225  3,952  
Income Before Income Taxes$111,585  $36,688  $1,760  $15,580  
Total Assets: 
(In thousands)
September 28, 2019December 31, 2018
Aerospace
$657,169  $647,870  
Test Systems
88,662  97,056  
Corporate
32,137  29,714  
Total Assets
$777,968  $774,640