10-K FY 2022 FINAL MOOG Inc - Flipbook - Page 82
Table of Contents
Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equitybased compensation expense, non-service pension expense and other corporate expenses. Cost of sales and other
operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, manpower or
profit. Operating profit by segment and reconciliations to consolidated amounts are as follows:
2022
Operating profit:
Aircraft Controls
Space and Defense Controls
Industrial Systems
Total operating profit
Deductions from operating profit:
Interest expense
Equity-based compensation expense
Pension settlement
Non-service pension expense (income)
Corporate and other expenses, net
Earnings before income taxes
Depreciation and amortization:
Aircraft Controls
Space and Defense Controls
Industrial Systems
Corporate
Total depreciation and amortization
Identifiable assets:
Aircraft Controls
Space and Defense Controls
Industrial Systems
Corporate
Total assets
Capital expenditures:
Aircraft Controls
Space and Defense Controls
Industrial Systems
Corporate
Total capital expenditures
$
$
$
$
36,757
8,882
—
6,072
28,158
202,979
42,337
19,399
26,515
138
88,389
$
$
$
$
96,678
88,333
85,948
270,959
33,892
7,461
—
(2,194)
28,026
203,774
41,580
18,655
29,731
193
90,159
2020
$
$
$
$
34,670
101,667
80,025
216,362
38,897
5,661
121,324
15,231
29,832
5,417
39,782
18,039
28,644
507
86,972
$ 1,469,968
873,341
1,046,754
41,778
$ 3,431,841
$ 1,471,338
839,783
1,078,025
44,023
$ 3,433,169
$ 1,322,335
761,874
1,102,222
39,400
$ 3,225,831
$
$
$
$
82
123,620
86,844
72,384
282,848
2021
70,526
44,255
24,620
30
139,431
$
63,514
39,863
25,338
19
128,734
$
47,954
22,505
17,700
125
88,284