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SEGMENT INFORMATION (Table) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule Of Segment Reporting Information By Segment [Text Block] | Operating results by reportable segment are as follows:
|  | Year Ended December 31,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Net sales |  |  |  |  |  |
Aerospace & Industrial |  | $ | 838,885 |  |  | $ | 789,054 |  |  | $ | 807,144 |
Defense Electronics |  | 693,709 |  |  | 727,828 |  |  | 610,413 |
Naval & Power |  | 1,030,918 |  |  | 995,509 |  |  | 977,109 |
Less: Intersegment Revenues |  | (6,487) |  |  | (6,460) |  |  | (3,330) |
Total Consolidated |  | $ | 2,557,025 |  |  | $ | 2,505,931 |  |  | $ | 2,391,336 |
Depreciation and amortization expense |  |  |  |  |  |
Aerospace & Industrial |  | $ | 34,336 |  |  | $ | 36,999 |  |  | $ | 37,690 |
Defense Electronics |  | 35,120 |  |  | 38,136 |  |  | 36,188 |
Naval & Power |  | 39,712 |  |  | 35,937 |  |  | 37,894 |
Corporate |  | 2,859 |  |  | 3,312 |  |  | 4,131 |
Total Consolidated |  | $ | 112,027 |  |  | $ | 114,384 |  |  | $ | 115,903 |
Capital expenditures |  |  |  |  |  |
Aerospace & Industrial |  | $ | 18,554 |  |  | $ | 16,799 |  |  | $ | 20,025 |
Defense Electronics |  | 3,504 |  |  | 3,922 |  |  | 3,317 |
Naval & Power |  | 13,652 |  |  | 18,106 |  |  | 21,283 |
Corporate |  | 2,507 |  |  | 2,281 |  |  | 2,874 |
Total Consolidated |  | $ | 38,217 |  |  | $ | 41,108 |  |  | $ | 47,499 |
(1) Corporate and Eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.
|  | Year Ended December 31,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Earnings before taxes: |  |  |  |  |  |
Total reportable segment operating income |  | $ | 469,146 |  |  | $ | 422,566 |  |  | $ | 326,613 |
Corporate and Eliminations |  | (45,703) |  |  | (39,883) |  |  | (37,765) |
Interest expense |  | 46,980 |  |  | 40,240 |  |  | 35,545 |
Other income, net |  | 12,732 |  |  | 12,067 |  |  | 9,748 |
Total consolidated earnings before tax |  | $ | 389,195 |  |  | $ | 354,510 |  |  | $ | 263,051 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
(In thousands) |  | 2022 |  | 2021 |  | 2020
Operating income (expense) |  |  |  |  |  |
Aerospace & Industrial |  | $ | 136,996 |  |  | $ | 121,817 |  |  | $ | 99,714 |
Defense Electronics |  | 154,568 |  |  | 159,089 |  |  | 118,748 |
Naval & Power |  | 177,582 |  |  | 141,660 |  |  | 108,151 |
Corporate and Eliminations (1) |  | (45,703) |  |  | (39,883) |  |  | (37,765) |
Total Consolidated |  | $ | 423,443 |  |  | $ | 382,683 |  |  | $ | 288,848 |
Reconciliation Of Assets From Segment To Consolidated [Text Block] |
Segment assets |  |  |  |  |  |
Aerospace & Industrial |  | $ | 1,041,562 |  |  | $ | 991,508 |  |  | $ | 1,019,203 |
Defense Electronics |  | 1,546,331 |  |  | 1,536,369 |  |  | 1,542,686 |
Naval & Power |  | 1,488,867 |  |  | 1,270,099 |  |  | 1,256,416 |
Corporate |  | 372,842 |  |  | 294,581 |  |  | 175,445 |
Assets held for sale |  | — |  |  | 10,988 |  |  | 27,584 |
Total Consolidated |  | $ | 4,449,602 |  |  | $ | 4,103,545 |  |  | $ | 4,021,334 |
|  | As of December 31,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Assets: |  |  |  |  |  |
Total assets for reportable segments |  | $ | 4,076,760 |  |  | $ | 3,797,976 |  |  | $ | 3,818,305 |
Assets held for sale |  | — |  |  | 10,988 |  |  | 27,584 |
Non-segment cash |  | 122,198 |  |  | 7,537 |  |  | 49,157 |
Other assets |  | 250,644 |  |  | 287,044 |  |  | 126,288 |
Total consolidated assets |  | $ | 4,449,602 |  |  | $ | 4,103,545 |  |  | $ | 4,021,334 |
ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock |
|  | Year Ended December 31,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Revenues |  |  |  |  |  |
United States of America |  | $ | 1,879,001 |  |  | $ | 1,856,997 |  |  | $ | 1,758,424 |
United Kingdom |  | 102,965 |  |  | 93,154 |  |  | 90,628 |
Other foreign countries |  | 575,059 |  |  | 555,780 |  |  | 542,284 |
Consolidated total |  | $ | 2,557,025 |  |  | $ | 2,505,931 |  |  | $ | 2,391,336 |
ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock |
|  | As of December 31,
(In thousands) |  | 2022 |  | 2021 |  | 2020
Long-Lived Assets - Property, plant, and equipment, net |  |  |  |  |  |
United States of America |  | $ | 254,317 |  |  | $ | 261,658 |  |  | $ | 271,299 |
United Kingdom |  | 27,049 |  |  | 31,594 |  |  | 34,221 |
Other foreign countries |  | 61,342 |  |  | 66,779 |  |  | 72,680 |
Consolidated total |  | $ | 342,708 |  |  | $ | 360,031 |  |  | $ | 378,200 |

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