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v3.23.2

Segment Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jul. 01, 2023 | Jul. 02, 2022 | Jul. 01, 2023 | Jul. 02, 2022 | Dec. 31, 2022
Segment Reporting Information |  |  |  |  |
Sales | $ 174,454 | $ 129,127 | $ 330,992 | $ 245,303 |
Segment Measure of Operating Profit (Loss) and Margins |  |  |  |  |
Total Segment Measure of Operating Profit (Loss) | 2,396 | (8,396) | 26 | (12,563) |
Deductions from Segment Measure of Operating Profit (Loss): |  |  |  |  |
Net Gain on Sale of Business | 0 | 0 | (3,427) | (11,284) |
Interest Expense, Net of Interest Income | 5,920 | 1,662 | 11,390 | 3,293 |
Loss Before Income Taxes | (3,902) | (10,349) | (7,027) | (5,325) |
Reversal of a deferred revenue liability | 10,600 | 8,900 | 19,500 | 11,200 |
Total Assets | 653,588 |  | 653,588 |  | $ 615,031
Aerospace |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Sales | 158,382 | 109,290 | 293,979 | 210,684 |
Test Systems |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Sales | 16,072 | 19,837 | 37,013 | 34,619 |
Operating Segments |  |  |  |  |
Segment Measure of Operating Profit (Loss) and Margins |  |  |  |  |
Total Segment Measure of Operating Profit (Loss) | $ 7,576 | $ (3,302) | $ 11,066 | $ (2,039) |
Operating margins, percentage | 4.30% | (2.60%) | 3.30% | (0.80%) |
Operating Segments | Aerospace |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Sales | $ 158,386 | $ 109,300 | $ 294,101 | $ 210,694 |
Segment Measure of Operating Profit (Loss) and Margins |  |  |  |  |
Total Segment Measure of Operating Profit (Loss) | $ 13,719 | $ (3,276) | $ 17,806 | $ (226) |
Operating margins, percentage | 8.70% | (3.00%) | 6.10% | (0.10%) |
Deductions from Segment Measure of Operating Profit (Loss): |  |  |  |  |
Jobs protection program grant, recognized |  |  |  | $ 6,000 |
Total Assets | $ 520,564 |  | $ 520,564 |  | 481,416
Operating Segments | Test Systems |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Sales | 16,072 | $ 19,840 | 37,013 | 34,638 |
Segment Measure of Operating Profit (Loss) and Margins |  |  |  |  |
Total Segment Measure of Operating Profit (Loss) | $ (6,143) | $ (26) | $ (6,740) | $ (1,813) |
Operating margins, percentage | (38.20%) | (0.10%) | (18.20%) | (5.20%) |
Deductions from Segment Measure of Operating Profit (Loss): |  |  |  |  |
Reversal of a deferred revenue liability |  |  | $ (5,800) |  |
Operating loss |  |  | (12,600) |  |
Total Assets | $ 119,440 |  | 119,440 |  | 111,513
Less Inter-segment Sales | Aerospace |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Sales | (4) | $ (10) | (122) | $ (10) |
Less Inter-segment Sales | Test Systems |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Sales | 0 | (3) | 0 | (19) |
Corporate Expenses and Other |  |  |  |  |
Deductions from Segment Measure of Operating Profit (Loss): |  |  |  |  |
Corporate Expenses and Other | 5,558 | $ 5,385 | 10,130 | $ 11,277 |
Income associated with reversal of liability related to equity investment |  |  | (1,800) |  |
Total Assets | $ 13,584 |  | $ 13,584 |  | $ 22,102

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