v3.25.2
Segment Information - Reconciliations of Net Sales and Segment Operating Income (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jul. 01, 2024
Jun. 30, 2025
Jul. 01, 2024
Segment Reporting Information [Line Items]        
Net sales [1] $ 730,621 $ 605,137 $ 1,379,289 $ 1,175,250
Intersegment sales 0 0 0 0
Segment sales       1,175,250
Cost of goods sold (582,512) (487,910) (1,100,208) (954,304)
Operating expenses (86,340) (78,241) (167,052) (164,893)
Operating income $ 61,769 $ 38,986 $ 112,029 $ 56,053
Operating Margin 8.50% 6.40% 8.10% 4.80%
Restructuring $ (1,408) $ (1,036) $ (2,122) $ (4,974)
Stock-based compensation (9,188) (6,580) (17,975) (13,367)
Amortization of definite-lived intangibles (9,224) [2] (12,591) (18,448) (26,356) [2]
Interest expense (11,095) (12,219) (22,559) (24,543)
Other, net (5,149) 3,765 (2,954) 13,091
Income before income taxes 45,525 30,532 86,516 44,601
A&D        
Segment Reporting Information [Line Items]        
Net sales [1] 325,092 273,038 632,510 551,304
Commercial        
Segment Reporting Information [Line Items]        
Net sales [1] 395,481 323,069 727,911 606,644
RF&S Components        
Segment Reporting Information [Line Items]        
Net sales [1] 10,048 9,030 18,868 17,302
Operating Segment        
Segment Reporting Information [Line Items]        
Net sales 733,271 606,845 1,384,939 1,178,739
Segment sales 730,621 605,137 1,379,289  
Cost of goods sold (573,553) (481,477) (1,086,345) (939,421)
Operating expenses (51,504) (48,146) (104,362) (95,879)
Operating income $ 108,214 $ 77,222 $ 194,232 $ 143,439
Operating Margin 14.80% 12.70% 14.00% 12.20%
Operating Segment | A&D        
Segment Reporting Information [Line Items]        
Net sales $ 327,569 $ 274,507 $ 637,712 $ 554,265
Segment sales 327,569 274,507 637,712 554,265
Cost of goods sold (251,046) 220,647 (489,975) (437,347)
Operating expenses (31,241) 28,360 (61,678) (56,945)
Operating income $ 45,282 $ 25,500 $ 86,059 $ 59,973
Operating Margin 13.80% 9.30% 13.50% 10.80%
Operating Segment | Commercial        
Segment Reporting Information [Line Items]        
Net sales $ 395,624 $ 323,255 $ 728,329 $ 607,058
Segment sales 395,624 323,255 728,329 607,058
Cost of goods sold (317,652) 256,244 (586,737) (493,084)
Operating expenses (17,903) 17,341 (37,874) (34,221)
Operating income $ 60,069 $ 49,670 $ 103,718 $ 79,753
Operating Margin 15.20% 15.40% 14.20% 13.10%
Operating Segment | RF&S Components        
Segment Reporting Information [Line Items]        
Net sales $ 10,078 $ 9,083 $ 18,898 $ 17,416
Segment sales 10,078 9,083 18,898 17,416
Cost of goods sold (4,855) 4,586 (9,633) (8,990)
Operating expenses (2,360) 2,445 (4,810) (4,713)
Operating income $ 2,863 $ 2,052 $ 4,455 $ 3,713
Operating Margin 28.40% 22.60% 23.60% 21.30%
Corporate Non Segment        
Segment Reporting Information [Line Items]        
Gain on sale of property, plant, and equipment   $ 14,420   $ 14,420
Acquisition-related and other charges   (10,184)   (10,072)
Other corporate expenses $ (26,625) (22,265) $ (43,658) (47,037)
Amortization of definite-lived intangibles [2]   12,591    
Intersegment sales        
Segment Reporting Information [Line Items]        
Net sales 0 0 0 0
Intersegment sales (2,650) (1,708) (5,650) (3,489)
Segment sales (2,650) (1,708) (5,650) (3,489)
Operating income 0 0 0 0
Intersegment sales | A&D        
Segment Reporting Information [Line Items]        
Intersegment sales 2,477 1,469 5,202 2,961
Intersegment sales | Commercial        
Segment Reporting Information [Line Items]        
Intersegment sales 143 186 418 414
Intersegment sales | RF&S Components        
Segment Reporting Information [Line Items]        
Intersegment sales $ 30 $ 53 $ 30 $ 114
[1] The end market revenue for the A&D and Commercial reportable segments prior to the quarter ended June 30, 2025 has been recast to reflect certain adjustments to allocations resulting from the segment reorganization. The end market revenue excludes intersegment sales totaling $2,650 and $5,650 for the quarter and two quarters ended June 30, 2025, respectively, and $1,708 and $3,489 for the quarter and two quarters ended July 1, 2024, respectively. See Note 10, Segment Information, for further information.
[2] Amortization of definite-lived intangibles relates to the A&D, Commercial, and RF&S Components reportable segments, but is not reviewed separately by the CODM. For the quarters ended June 30, 2025 and July 1, 2024, amortization expense of $2,336 and $2,335, respectively, is included in cost of goods sold for the A&D reportable segment. For both the two quarters ended June 30, 2025 and July 1, 2024, amortization expense of $4,671 is included in cost of goods sold for the A&D reportable segment.