v3.26.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Apr. 04, 2026
Accounting Policies [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Supplemental Cash Flow Information
(Dollars in thousands)
Three Months Ended
April 4,
2026
March 29,
2025
Interest paid, net$3,617 $2,658 
Taxes (refunded) paid, net$(230)$221 
Non-cash activities:
     Purchases of property and equipment not paid$151 $664 
Schedule of Weighted Average Number of Shares Outstanding Used to Compute Earnings Per Share
The net income and weighted-average common shares outstanding used to compute earnings per share were as follows:
(Dollars in thousands,
except per share data)
Three Months Ended
 April 4,
2026
March 29,
2025
As Restated
Net income$9,916 $1,402 
Weighted-average number of common shares outstanding
Basic weighted-average common shares outstanding15,044 14,856 
Dilutive potential common shares555 321 
Diluted weighted-average common shares outstanding15,599 15,177 
Earnings per share
Basic$0.66 $0.09 
Diluted$0.64 $0.09 
Schedule of Weighted Average Number of Shares Outstanding Excluded from Computation of Diluted Earnings
Potentially dilutive stock awards, as shown below, were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive. However, these awards may be potentially dilutive common shares in the future.
(In thousands)
Three Months Ended
 April 4,
2026
March 29,
2025
Stock options and stock units47 
Schedule of Estimates at Completion on our operating results:
(Dollars in thousands)
Three Months Ended
 April 4,
2026
March 29,
2025
Total net revenues$(2,236)$891 
Operating income$(2,236)$891 
Schedule of Contract with Customer, Asset and Liability
Contract assets and contract liabilities from revenue contracts with customers are as follows:
(Dollars in thousands)
April 4,
2026
December 31,
2025
Contract assets$249,229 $249,845 
Contract liabilities$52,473 $40,694 
Schedule of Disaggregation of Revenue
In addition to the revenue categories disclosed above, the following table reflects our revenue disaggregated by major end-use market:
(Dollars in thousands)
Three Months Ended
April 4,
2026
March 29,
2025
(As Restated)
Consolidated Ducommun
Military and space$117,633 $112,196 
Commercial aerospace
83,912 71,388 
Industrial7,477 8,897 
Total$209,022 $192,481 
Electronic Systems
Military and space$89,440 $84,091 
Commercial aerospace20,673 16,077 
Industrial7,477 8,897 
Total$117,590 $109,065 
Structural Systems
Military and space$28,193 $28,105 
Commercial aerospace63,239 55,311 
Total$91,432 $83,416