XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Revenue (Tables) | 6 Months Ended
--- | ---
Jun. 29, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Contract Assets and Liabilities | The following table presents the beginning and ending balances of contract assets and contract liabilities during the six months ended June 29, 2024:
(In thousands) |  | Contract Assets |  | Contract Liabilities
Beginning Balance, January 1, 2024 |  | $ | 46,321 |  |  | $ | 22,888 |
Ending Balance, June 29, 2024 |  | $ | 53,291 |  |  | $ | 18,448 |
Schedule of Disaggregation of Revenue | The following table presents our revenue disaggregated by Market Segments as follows:
|  | Six Months Ended |  | Three Months Ended
(In thousands) |  | June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Aerospace Segment |  |  |  |  |  |  |  |
Commercial Transport |  | $ | 249,829 |  |  | $ | 206,292 |  |  | $ | 128,399 |  |  | $ | 112,079 |
Military Aircraft |  | 41,860 |  |  | 27,648 |  |  | 24,781 |  |  | 13,584 |
General Aviation |  | 38,566 |  |  | 44,463 |  |  | 19,015 |  |  | 25,015 |
Other |  | 10,326 |  |  | 15,576 |  |  | 4,748 |  |  | 7,704 |
Aerospace Total |  | 340,581 |  |  | 293,979 |  |  | 176,943 |  |  | 158,382 |
Test Systems Segment |  |  |  |  |  |  |  |
Government & Defense |  | 42,607 |  |  | 37,013 |  |  | 21,171 |  |  | 16,072 |
Test Systems Total |  | 42,607 |  |  | 37,013 |  |  | 21,171 |  |  | 16,072 |
Total |  | $ | 383,188 |  |  | $ | 330,992 |  |  | $ | 198,114 |  |  | $ | 174,454 |
The following table presents our revenue disaggregated by Product Lines as follows:
|  | Six Months Ended |  | Three Months Ended
(In thousands) |  | June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Aerospace Segment |  |  |  |  |  |  |  |
Electrical Power & Motion |  | $ | 173,452 |  |  | $ | 121,400 |  |  | $ | 90,328 |  |  | $ | 67,946 |
Lighting & Safety |  | 88,241 |  |  | 78,471 |  |  | 46,454 |  |  | 41,918 |
Avionics |  | 54,565 |  |  | 60,664 |  |  | 28,971 |  |  | 30,923 |
Systems Certification |  | 7,812 |  |  | 13,297 |  |  | 3,364 |  |  | 7,620 |
Structures |  | 6,185 |  |  | 4,571 |  |  | 3,078 |  |  | 2,271 |
Other |  | 10,326 |  |  | 15,576 |  |  | 4,748 |  |  | 7,704 |
Aerospace Total |  | 340,581 |  |  | 293,979 |  |  | 176,943 |  |  | 158,382 |
Test Systems |  | 42,607 |  |  | 37,013 |  |  | 21,171 |  |  | 16,072 |
Total |  | $ | 383,188 |  |  | $ | 330,992 |  |  | $ | 198,114 |  |  | $ | 174,454 |

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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + 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