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Segment Information (Tables)
6 Months Ended
Jun. 27, 2020
Segment Reporting [Abstract]  
Summary of Segment Reporting Information
Below are the sales and operating profit by segment for the three and six months ended June 27, 2020 and June 29, 2019 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. 
Six Months EndedThree Months Ended
(In thousands)June 27, 2020June 29, 2019June 27, 2020June 29, 2019
Sales
Aerospace$243,734  $362,793  $102,597  $174,292  
Less Intersegment Sales(91) (5) (24) (5) 
Total Aerospace Sales243,643  362,788  102,573  174,287  
Test Systems37,985  34,649  21,432  14,925  
Less Intersegment Sales(350) (165) (311) (114) 
Total Test Systems Sales37,635  34,484  21,121  14,811  
Total Consolidated Sales$281,278  $397,272  $123,694  $189,098  
Segment Measure of Operating (Loss) Profit and Margins
Aerospace
$(80,235) $40,160  $(17,090) $14,392  
(32.9)%11.1 %(16.7)%8.3 %
Test Systems
3,334  2,091  2,612  (94) 
8.9 %6.1 %12.4 %(0.6)%
Total Segment Measure of Operating (Loss) Profit(76,901) 42,251  (14,478) 14,298  
(27.3)%10.6 %(11.7)%7.6 %
Additions/Deductions from Segment Measure of Operating (Loss) Profit
Gain on Sale of Business—  80,133  —  —  
Interest Expense, Net of Interest Income
3,316  3,029  1,983  1,225  
Corporate Expenses and Other
13,511  9,530  7,990  4,243  
(Loss) Income Before Income Taxes$(93,728) $109,825  $(24,451) $8,830  
Total Assets: 
(In thousands)
June 27, 2020December 31, 2019
Aerospace
$501,536  $629,371  
Test Systems
104,392  110,994  
Corporate
52,598  42,351  
Total Assets
$658,526  $782,716