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Segment Information (Tables)

3 Months Ended

Jan. 02, 2021

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Sales And Operating Profit By Segment And Reconciliation Of Segment Operating Profit To Earnings Before Income Taxes

r the three months ended January 2, 2021 and December 28, 2019 are as follows:

												Three Months Ended
Market Type																		January 2, 2021						December 28, 2019
Net sales:
Military																		$	205,698					$	173,694
Commercial																		81,076						166,260
Aircraft Controls																		286,774						339,954
Space																		77,811						62,740
Defense																		110,351						123,500
Space and Defense Controls																		188,162						186,240
Energy																		28,644						29,939
Industrial Automation																		95,231						106,831
Simulation and Test																		20,126						28,468
Medical																		65,017						63,411
Industrial Systems																		209,018						228,649
Net sales																		$	683,954					$	754,843

												Three Months Ended
Customer Type																		January 2, 2021						December 28, 2019
Net sales:
Commercial																		$	81,076					$	166,260
U.S. Government (including OEM)																		156,677						132,209
Other																		49,021						41,485
Aircraft Controls																		286,774						339,954
Commercial																		31,134						34,152
U.S. Government (including OEM)																		138,172						134,687
Other																		18,856						17,401
Space and Defense Controls																		188,162						186,240
Commercial																		201,953						220,519
U.S. Government (including OEM)																		6,321						6,421
Other																		744						1,709
Industrial Systems																		209,018						228,649
Commercial																		314,163						420,931
U.S. Government (including OEM)																		301,170						273,317
Other																		68,621						60,595
Net sales																		$	683,954					$	754,843

Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, number of employees or profit. Operating profit by segment for the three months ended January 2, 2021 and December 28, 2019 and a reconciliation of segment operating profit to earnings before income taxes are as follows:

												Three Months Ended
																		January 2, 2021						December 28, 2019
Operating profit:
Aircraft Controls																		$	27,922					$	38,592
Space and Defense Controls																		23,046						25,282
Industrial Systems																		19,898						26,799
Total operating profit																		70,866						90,673
Deductions from operating profit:
Interest expense																		8,420						10,232
Equity-based compensation expense																		2,502						2,381
Non-service pension expense																		920						3,601
Corporate and other expenses, net																		8,653						7,555
Earnings before income taxes																		$	50,371					$	66,904

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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