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SEGMENT INFORMATION (Table) | 12 Months Ended
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Dec. 31, 2023
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) |  | 2023 |  | 2022 |  | 2021
Net sales |  |  |  |  |  |
Aerospace & Industrial |  | $ | 889,744 |  |  | $ | 838,885 |  |  | $ | 789,054 |
Defense Electronics |  | 818,547 |  |  | 693,709 |  |  | 727,828 |
Naval & Power |  | 1,142,590 |  |  | 1,030,918 |  |  | 990,339 |
Less: Intersegment Revenues |  | (5,508) |  |  | (6,487) |  |  | (6,460) |
Total Consolidated |  | $ | 2,845,373 |  |  | $ | 2,557,025 |  |  | $ | 2,500,761 |
Depreciation and amortization expense |  |  |  |  |  |
Aerospace & Industrial |  | $ | 33,994 |  |  | $ | 34,336 |  |  | $ | 36,999 |
Defense Electronics |  | 33,347 |  |  | 35,120 |  |  | 38,136 |
Naval & Power |  | 46,165 |  |  | 39,712 |  |  | 35,937 |
Corporate |  | 2,666 |  |  | 2,859 |  |  | 3,312 |
Total Consolidated |  | $ | 116,172 |  |  | $ | 112,027 |  |  | $ | 114,384 |
Capital expenditures |  |  |  |  |  |
Aerospace & Industrial |  | $ | 17,067 |  |  | $ | 18,554 |  |  | $ | 16,799 |
Defense Electronics |  | 5,573 |  |  | 3,504 |  |  | 3,922 |
Naval & Power |  | 18,112 |  |  | 13,652 |  |  | 18,106 |
Corporate |  | 3,914 |  |  | 2,507 |  |  | 2,281 |
Total Consolidated |  | $ | 44,666 |  |  | $ | 38,217 |  |  | $ | 41,108 |
(1) Corporate and Eliminations includes pension expense, environmental remediation and administrative expenses, legal, and other expenses.
|  | As of December 31, |
(In thousands) |  | 2023 |  | 2022 |
Segment assets |  |  |  |  |
Aerospace & Industrial |  | $ | 1,077,808 |  |  | $ | 1,041,562 |  |
Defense Electronics |  | 1,517,877 |  |  | 1,546,331 |  |
Naval & Power |  | 1,496,063 |  |  | 1,487,568 |  |
Corporate |  | 529,221 |  |  | 372,842 |  |
Total Consolidated |  | $ | 4,620,969 |  |  | $ | 4,448,303 |  |
|  | Year Ended December 31,
(In thousands) |  | 2023 |  | 2022 |  | 2021
Earnings before taxes: |  |  |  |  |  |
Total reportable segment operating income |  | $ | 526,280 |  |  | $ | 469,146 |  |  | $ | 417,012 |
Corporate and Eliminations |  | (41,678) |  |  | (45,703) |  |  | (39,883) |
Interest expense |  | 51,393 |  |  | 46,980 |  |  | 40,240 |
Other income, net |  | 29,861 |  |  | 12,732 |  |  | 12,067 |
Earnings before income taxes |  | $ | 463,070 |  |  | $ | 389,195 |  |  | $ | 348,956 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
Operating income (expense) |  |  |  |  |  |
Aerospace & Industrial |  | $ | 145,278 |  |  | $ | 136,996 |  |  | $ | 121,817 |
Defense Electronics |  | 191,775 |  |  | 154,568 |  |  | 159,089 |
Naval & Power |  | 189,227 |  |  | 177,582 |  |  | 136,106 |
Corporate and Eliminations (1) |  | (41,678) |  |  | (45,703) |  |  | (39,883) |
Total Consolidated |  | $ | 484,602 |  |  | $ | 423,443 |  |  | $ | 377,129 |
Reconciliation Of Assets From Segment To Consolidated [Text Block] |
|  | As of December 31,
(In thousands) |  | 2023 |  | 2022
Assets: |  |  |  |
Total assets for reportable segments |  | $ | 4,091,748 |  |  | $ | 4,075,461 |
Non-segment cash |  | 228,930 |  |  | 122,198 |
Other assets |  | 300,291 |  |  | 250,644 |
Total consolidated assets |  | $ | 4,620,969 |  |  | $ | 4,448,303 |
ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock |
|  | Year Ended December 31,
(In thousands) |  | 2023 |  | 2022 |  | 2021
Revenues |  |  |  |  |  |
United States of America |  | $ | 2,060,986 |  |  | $ | 1,879,001 |  |  | $ | 1,851,827 |
United Kingdom |  | 115,078 |  |  | 102,965 |  |  | 93,154 |
Other foreign countries |  | 669,309 |  |  | 575,059 |  |  | 555,780 |
Consolidated total |  | $ | 2,845,373 |  |  | $ | 2,557,025 |  |  | $ | 2,500,761 |
ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock |
|  | As of December 31,
(In thousands) |  | 2023 |  | 2022
Long-Lived Assets - Property, plant, and equipment, net |  |  |  |
United States of America |  | $ | 243,542 |  |  | $ | 254,317 |
United Kingdom |  | 25,898 |  |  | 27,049 |
Other foreign countries |  | 63,356 |  |  | 61,342 |
Consolidated total |  | $ | 332,796 |  |  | $ | 342,708 |

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