XML 52 R35.htm IDEA: XBRL DOCUMENT
v3.22.4

REVENUE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Summary of Contract Assets and Liabilities | The following table presents the beginning and ending balances of contract assets and contract liabilities:
(In thousands) | Contract Assets |  | Contract Liabilities
Beginning Balance, January 1, 2022 | $ | 25,941 |  |  | $ | 28,495 |
Ending Balance, December 31, 2022 | $ | 27,349 |  |  | $ | 33,209 |
Summary of Disaggregation of Revenue | The following table presents our revenue disaggregated by Market Segments as of December 31 as follows:
(In thousands) |  | 2022 |  | 2021 |  | 2020
Aerospace Segment |  |  |  |  |  |
Commercial Transport |  | $ | 314,564 |  |  | $ | 201,990 |  |  | $ | 262,636 |
Military |  | 54,534 |  |  | 70,312 |  |  | 67,944 |
General Aviation |  | 63,395 |  |  | 56,673 |  |  | 60,437 |
Other |  | 28,703 |  |  | 36,263 |  |  | 26,971 |
Aerospace Total |  | 461,196 |  |  | 365,238 |  |  | 417,988 |
Test Systems Segment |  |  |  |  |  |
Semiconductor |  | — |  |  | — |  |  | 3,483 |
Aerospace & Defense |  | 73,698 |  |  | 79,670 |  |  | 81,116 |
Test Systems Total |  | 73,698 |  |  | 79,670 |  |  | 84,599 |
Total |  | $ | 534,894 |  |  | $ | 444,908 |  |  | $ | 502,587 |
The following table presents our revenue disaggregated by Product Lines as of December 31 as follows:
(In thousands) |  | 2022 |  | 2021 |  | 2020
Aerospace Segment |  |  |  |  |  |
Electrical Power & Motion |  | $ | 187,446 |  |  | $ | 141,746 |  |  | $ | 179,245 |
Lighting & Safety |  | 124,347 |  |  | 103,749 |  |  | 118,928 |
Avionics |  | 97,234 |  |  | 64,901 |  |  | 76,113 |
Systems Certification |  | 17,222 |  |  | 13,050 |  |  | 6,899 |
Structures |  | 6,244 |  |  | 5,529 |  |  | 9,832 |
Other |  | 28,703 |  |  | 36,263 |  |  | 26,971 |
Aerospace Total |  | 461,196 |  |  | 365,238 |  |  | 417,988 |
Test Systems |  | 73,698 |  |  | 79,670 |  |  | 84,599 |
Total |  | $ | 534,894 |  |  | $ | 444,908 |  |  | $ | 502,587 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration