XML 41 R34.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Revenue (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of revenue | The following tables provide a summary of the Company’s revenue disaggregated by market sector and a reconciliation of the disaggregated revenue to the Company’s revenue by reportable operating segment:
|  | Three Months Ended March 31, 2024 |
(in thousands) |  | Americas |  |  | Asia |  |  | Europe |  |  | Total |
Market sector: |  |  |  |  |  |  |  |  |  |  |  |
Semi-Cap |  | $ | 53,658 |  |  | $ | 81,899 |  |  | $ | 30,382 |  |  | $ | 165,939 |
Complex Industrials |  |  | 29,650 |  |  |  | 84,211 |  |  |  | 27,171 |  |  |  | 141,032 |
Medical |  |  | 61,863 |  |  |  | 42,226 |  |  |  | 10,638 |  |  |  | 114,727 |
A&D |  |  | 86,863 |  |  |  | 9,122 |  |  |  | 9,849 |  |  |  | 105,834 |
Advanced Computing |  |  | 83,184 |  |  |  | 7,345 |  |  |  | — |  |  |  | 90,529 |
Next-Generation Communications |  |  | 33,448 |  |  |  | 24,049 |  |  |  | 17 |  |  |  | 57,514 |
External revenue |  |  | 348,666 |  |  |  | 248,852 |  |  |  | 78,057 |  |  |  | 675,575 |
Elimination of intersegment sales |  |  | 23,663 |  |  |  | 8,964 |  |  |  | 2,439 |  |  |  | 35,066 |
Segment revenue |  | $ | 372,329 |  |  | $ | 257,816 |  |  | $ | 80,496 |  |  | $ | 710,641 |
|  | Three Months Ended March 31, 2023 |
(in thousands) |  | Americas |  |  | Asia |  |  | Europe |  |  | Total |
Market sector: |  |  |  |  |  |  |  |  |  |  |  |
Semi-Cap |  | $ | 60,949 |  |  | $ | 64,737 |  |  | $ | 22,783 |  |  | $ | 148,469 |
Complex Industrials |  |  | 29,048 |  |  |  | 80,052 |  |  |  | 34,426 |  |  |  | 143,526 |
Medical |  |  | 68,282 |  |  |  | 54,158 |  |  |  | 14,609 |  |  |  | 137,049 |
A&D |  |  | 66,302 |  |  |  | 7,923 |  |  |  | 5,190 |  |  |  | 79,415 |
Advanced Computing |  |  | 88,604 |  |  |  | 7,394 |  |  |  | — |  |  |  | 95,998 |
Next-Generation Communications |  |  | 51,389 |  |  |  | 38,803 |  |  |  | 46 |  |  |  | 90,238 |
External revenue |  |  | 364,574 |  |  |  | 253,067 |  |  |  | 77,054 |  |  |  | 694,695 |
Elimination of intersegment sales |  |  | 32,633 |  |  |  | 14,976 |  |  |  | 801 |  |  |  | 48,410 |
Segment revenue |  | $ | 397,207 |  |  | $ | 268,043 |  |  | $ | 77,855 |  |  | $ | 743,105 |
Schedule of Contract Assets Activity | A summary of activity related to the Company’s contract assets follows:
|  | Three Months Ended March 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Balance as of the beginning of the year |  | $ | 174,979 |  |  | $ | 183,613 |
Revenue recognized |  |  | 577,000 |  |  |  | 630,774 |
Amounts collected or invoiced |  |  | (571,165 | ) |  |  | (620,253 | )
Balance as of the end of the period |  | $ | 180,814 |  |  | $ | 194,134 |

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