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Segment Information
3 Months Ended
Dec. 31, 2022
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Segment Information Segments
Disaggregation of net sales by segment for the three months ended December 31, 2022 and January 1, 2022 are as follows:
Three Months Ended
Market TypeDecember 31,
2022
January 1,
2022
Net sales:
Military$171,718 $185,949 
Commercial138,541 117,368 
Aircraft Controls310,259 303,317 
Space95,885 87,583 
Defense121,900 120,273 
Space and Defense Controls217,785 207,856 
Energy31,570 31,466 
Industrial Automation111,118 102,143 
Simulation and Test28,325 22,175 
Medical61,046 57,129 
Industrial Systems232,059 212,913 
Net sales$760,103 $724,086 
Three Months Ended
Customer TypeDecember 31,
2022
January 1,
2022
Net sales:
Commercial$138,541 $117,368 
U.S. Government (including OEM)129,783 143,879 
Other41,935 42,070 
Aircraft Controls310,259 303,317 
Commercial24,573 24,323 
U.S. Government (including OEM)179,438 170,015 
Other13,774 13,518 
Space and Defense Controls217,785 207,856 
Commercial225,839 207,235 
U.S. Government (including OEM)1,280 3,786 
Other4,940 1,892 
Industrial Systems232,059 212,913 
Commercial388,953 348,926 
U.S. Government (including OEM)310,501 317,680 
Other60,649 57,480 
Net sales$760,103 $724,086 
Three Months Ended
Revenue Recognition MethodDecember 31,
2022
January 1,
2022
Net sales:
Over-time$246,895 $246,649 
Point in time63,364 56,668 
Aircraft Controls310,259 303,317 
Over-time202,090 192,446 
Point in time15,695 15,410 
Space and Defense Controls217,785 207,856 
Over-time33,056 29,025 
Point in time199,003 183,888 
Industrial Systems232,059 212,913 
Over-time482,041 468,120 
Point in time278,062 255,966 
Net sales$760,103 $724,086 
Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense, non-service pension 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, manpower or profit. Operating profit by segment for the three months ended December 31, 2022 and January 1, 2022 and a reconciliation of segment operating profit to earnings before income taxes are as follows:
Three Months Ended
December 31,
2022
January 1,
2022
Operating profit:
Aircraft Controls$29,718 $41,915 
Space and Defense Controls20,294 21,299 
Industrial Systems36,751 17,191 
Total operating profit86,763 80,405 
Deductions from operating profit:
Interest expense13,132 7,982 
Equity-based compensation expense2,974 2,658 
Non-service pension expense3,099 1,485 
Corporate and other expenses, net7,257 6,857 
Earnings before income taxes$60,301 $61,423