v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jul. 04, 2026
Accounting Policies [Abstract]  
Schedule of Cash Flow Supplemental Disclosures
Supplemental Cash Flow Information
(Dollars in thousands)
Six Months Ended
July 4,
2026		June 28,
2025
Interest paid, net$6,806 $4,191 
Taxes (refunded) paid, net$(805)$1,523 
Non-cash activities:
Purchases of property and equipment not paid$308 $309 
Common stock received with fair value in excess of original compensation related to compensation clawback$1,046 $— 
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 and shares in thousands,
except per share data)		(Dollars and shares in thousands,
except per share data)
Three Months EndedSix Months Ended
July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
As RestatedAs Restated
Net income$20,399 $12,754 $30,315 $14,156 
Weighted-average number of common shares outstanding
Basic weighted-average common shares outstanding15,136 14,938 15,089 14,898 
Dilutive potential common shares419 278 492 298 
Diluted weighted-average common shares outstanding15,555 15,216 15,581 15,196 
Earnings per share
Basic$1.35 $0.85 $2.01 $0.95 
Diluted$1.31 $0.84 $1.95 $0.93 
Schedule of Weighted Average Number of Shares Outstanding Excluded from Computation of Diluted Earnings
Potentially dilutive stock awards, as shown below, were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive. However, these awards may be potentially dilutive common shares in the future.
(In thousands)(In thousands)
Three Months EndedSix Months Ended
July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
Stock options and stock units— — 13 2 
Schedule of Estimates at Completion
Net cumulative favorable and unfavorable catch-up adjustments to contracts had the following impact on our operating results:
(Dollars in thousands)(Dollars in thousands)
Three Months EndedSix Months Ended
July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
Total net revenues$(3,139)$(1,016)$(5,375)$(125)
Operating income$(3,139)$(1,016)$(5,375)$(125)
Schedule of Contract with Customer, Asset and Liability
Contract assets and contract liabilities from revenue contracts with customers are as follows:
(Dollars in thousands)
July 4,
2026		December 31,
2025
Contract assets$259,666 $249,845 
Contract liabilities$56,401 $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)(Dollars in thousands)
Three Months EndedSix Months Ended
July 4,
2026		June 28,
2025		July 4,
2026		June 28,
2025
(As Restated)(As Restated)
Consolidated Ducommun
Military and space$123,750 $115,877 $241,383 $228,072 
Commercial aerospace
89,418 77,397 173,330 148,785 
Industrial11,324 7,529 18,801 16,427 
Total$224,492 $200,803 $433,514 $393,284 
Electronic Systems
Military and space$93,283 $83,267 $182,723 $167,357 
Commercial aerospace26,829 18,908 47,502 34,985 
Industrial11,324 7,529 18,801 16,427 
Total$131,436 $109,704 $249,026 $218,769 
Structural Systems
Military and space$30,467 $32,610 $58,660 $60,715 
Commercial aerospace62,589 58,489 125,828 113,800 
Total$93,056 $91,099 $184,488 $174,515