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10-Q Filing

ASTRONICS CORP CIK: 8063 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0000008063-16-000005
Period End Date 20160331
Filing Date 20160505
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance atro-20160402.xml
Filing Contents
Balance Sheet 48 line items
Line Item Tag Value Unit Period
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $21.20M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $22.56M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $18.56M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $15.79M USD Point-in-time
Accounts Receivable, Net of Allowance for Doubtful Accounts AccountsReceivableNetCurrent $95.28M USD Point-in-time
Accounts Receivable, Net of Allowance for Doubtful Accounts AccountsReceivableNetCurrent $106.18M USD Point-in-time
Inventories InventoryNet $118.67M USD Point-in-time
Inventories InventoryNet $115.47M USD Point-in-time
Prepaid Expenses and Other Current Assets PrepaidExpenseAndOtherAssetsCurrent $16.40M USD Point-in-time
Prepaid Expenses and Other Current Assets PrepaidExpenseAndOtherAssetsCurrent $20.66M USD Point-in-time
Total Current Assets AssetsCurrent $257.04M USD Point-in-time
Total Current Assets AssetsCurrent $249.97M USD Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation PropertyPlantAndEquipmentNet $124.74M USD Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation PropertyPlantAndEquipmentNet $123.97M USD Point-in-time
Other Assets OtherAssetsNoncurrent $10.89M USD Point-in-time
Other Assets OtherAssetsNoncurrent $11.44M USD Point-in-time
Intangible Assets, Net of Accumulated Amortization IntangibleAssetsNetExcludingGoodwill $105.63M USD Point-in-time
Intangible Assets, Net of Accumulated Amortization IntangibleAssetsNetExcludingGoodwill $108.28M USD Point-in-time
Goodwill Goodwill $115.37M USD Point-in-time
Goodwill Goodwill $115.74M USD Point-in-time
Total Assets Assets $613.82M USD Point-in-time
Total Assets Assets $609.24M USD Point-in-time
Current Maturities of Long-term Debt LongTermDebtCurrent $2.58M USD Point-in-time
Current Maturities of Long-term Debt LongTermDebtCurrent $2.66M USD Point-in-time
Accounts Payable AccountsPayableCurrent $27.14M USD Point-in-time
Accounts Payable AccountsPayableCurrent $30.09M USD Point-in-time
Accrued Expenses and Other Current Liabilities OtherLiabilitiesCurrent $27.52M USD Point-in-time
Accrued Expenses and Other Current Liabilities OtherLiabilitiesCurrent $35.76M USD Point-in-time
Customer Advance Payments and Deferred Revenue DeferredRevenueAndCreditsCurrent $38.76M USD Point-in-time
Customer Advance Payments and Deferred Revenue DeferredRevenueAndCreditsCurrent $34.88M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $104.23M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $95.15M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $167.21M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $169.68M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $38.02M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $37.58M USD Point-in-time
Total Liabilities Liabilities $309.02M USD Point-in-time
Total Liabilities Liabilities $302.85M USD Point-in-time
Common Stock CommonStockValue $257.00K USD Point-in-time
Common Stock CommonStockValue $256.00K USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-13.12M USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-15.06M USD Point-in-time
Other Shareholders Equity OtherShareholdersEquity $315.03M USD Point-in-time
Other Shareholders Equity OtherShareholdersEquity $323.83M USD Point-in-time
Total Shareholders Equity StockholdersEquity $300.23M USD Point-in-time
Total Shareholders Equity StockholdersEquity $310.97M USD Point-in-time
Total Liabilities and Shareholders Equity LiabilitiesAndStockholdersEquity $613.82M USD Point-in-time
Total Liabilities and Shareholders Equity LiabilitiesAndStockholdersEquity $609.24M USD Point-in-time
Income Statement 22 line items
Line Item Tag Value Unit Period
Sales SalesRevenueGoodsNet $159.53M USD 1 Quarter
Sales SalesRevenueGoodsNet $161.64M USD 1 Quarter
Cost of Products Sold CostOfGoodsSold $120.05M USD 1 Quarter
Cost of Products Sold CostOfGoodsSold $121.48M USD 1 Quarter
Gross Profit GrossProfit $39.48M USD 1 Quarter
Gross Profit GrossProfit $40.16M USD 1 Quarter
Selling, General and Administrative Expenses SellingGeneralAndAdministrativeExpense $21.88M USD 1 Quarter
Selling, General and Administrative Expenses SellingGeneralAndAdministrativeExpense $22.62M USD 1 Quarter
Income from Operations OperatingIncomeLoss $17.60M USD 1 Quarter
Income from Operations OperatingIncomeLoss $17.54M USD 1 Quarter
Interest Expense, Net of Interest Income InterestIncomeExpenseNet $-1.09M USD 1 Quarter
Interest Expense, Net of Interest Income InterestIncomeExpenseNet $-1.25M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $16.30M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $16.51M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $5.61M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $5.03M USD 1 Quarter
Net Income NetIncomeLoss $11.48M USD 1 Quarter
Net Income NetIncomeLoss $10.68M USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $0.42 USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $0.45 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $0.41 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $0.44 USD 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $11.48M USD 1 Quarter
Net Income NetIncomeLoss $10.68M USD 1 Quarter
Depreciation and Amortization DepreciationDepletionAndAmortization $6.55M USD 1 Quarter
Depreciation and Amortization DepreciationDepletionAndAmortization $6.13M USD 1 Quarter
Provisions for Non-Cash Losses on Inventory and Receivables ProvisionForNonCashLossesOnInventoryAndReceivables $563.00K USD 1 Quarter
Provisions for Non-Cash Losses on Inventory and Receivables ProvisionForNonCashLossesOnInventoryAndReceivables $-74.00K USD 1 Quarter
Stock Compensation Expense ShareBasedCompensation $597.00K USD 1 Quarter
Stock Compensation Expense ShareBasedCompensation $506.00K USD 1 Quarter
Deferred Tax Benefit DeferredIncomeTaxExpenseBenefit $-468.00K USD 1 Quarter
Deferred Tax Benefit DeferredIncomeTaxExpenseBenefit $-40.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $-110.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $-119.00K USD 1 Quarter
Accounts Receivable IncreaseDecreaseInAccountsReceivable $10.38M USD 1 Quarter
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-18.56M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $3.47M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $3.12M USD 1 Quarter
Accounts Payable IncreaseDecreaseInAccountsPayable $2.75M USD 1 Quarter
Accounts Payable IncreaseDecreaseInAccountsPayable $5.52M USD 1 Quarter
Accrued Expenses IncreaseDecreaseInAccruedLiabilities $-4.54M USD 1 Quarter
Accrued Expenses IncreaseDecreaseInAccruedLiabilities $-8.52M USD 1 Quarter
Other Current Assets and Liabilities IncreaseDecreaseInOtherOperatingCapitalNet $633.00K USD 1 Quarter
Other Current Assets and Liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-214.00K USD 1 Quarter
Customer Advanced Payments and Deferred Revenue IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $-3.83M USD 1 Quarter
Customer Advanced Payments and Deferred Revenue IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $-8.80M USD 1 Quarter
Income Taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $4.25M USD 1 Quarter
Income Taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $2.42M USD 1 Quarter
Supplemental Retirement and Other Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $341.00K USD 1 Quarter
Supplemental Retirement and Other Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $409.00K USD 1 Quarter
Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $543.00K USD 1 Quarter
Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $26.78M USD 1 Quarter
Acquisition of Business, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of Business, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $52.62M USD 1 Quarter
Capital Expenditures PaymentsToAcquireProductiveAssets $7.06M USD 1 Quarter
Capital Expenditures PaymentsToAcquireProductiveAssets $2.45M USD 1 Quarter
Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $300.00K USD 1 Quarter
Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Cash Used For Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-2.45M USD 1 Quarter
Cash Used For Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-59.97M USD 1 Quarter
Proceeds from Long-term Debt ProceedsFromIssuanceOfLongTermDebt $40.00M USD 1 Quarter
Proceeds from Long-term Debt ProceedsFromIssuanceOfLongTermDebt $10.00M USD 1 Quarter
Payments for Long-term Debt RepaymentsOfLongTermDebt $5.66M USD 1 Quarter
Payments for Long-term Debt RepaymentsOfLongTermDebt $7.60M USD 1 Quarter
Purchase of Outstanding Shares for Treasury PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchase of Outstanding Shares for Treasury PaymentsForRepurchaseOfCommonStock $4.26M USD 1 Quarter
Debt Acquisition Costs PaymentsOfDebtIssuanceCosts $164.00K USD 1 Quarter
Debt Acquisition Costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Proceeds from Exercise of Stock Options ProceedsFromStockOptionsExercised $402.00K USD 1 Quarter
Proceeds from Exercise of Stock Options ProceedsFromStockOptionsExercised $451.00K USD 1 Quarter
Income Tax Benefit from Exercise of Stock Options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $708.00K USD 1 Quarter
Income Tax Benefit from Exercise of Stock Options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $529.00K USD 1 Quarter
Cash (Used For) Provided By Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.05M USD 1 Quarter
Cash (Used For) Provided By Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $35.45M USD 1 Quarter
Effect of Exchange Rates on Cash EffectOfExchangeRateOnCashAndCashEquivalents $186.00K USD 1 Quarter
Effect of Exchange Rates on Cash EffectOfExchangeRateOnCashAndCashEquivalents $-886.00K USD 1 Quarter
(Decrease) Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-2.77M USD 1 Quarter
(Decrease) Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $1.37M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $21.20M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $22.56M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $18.56M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $15.79M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $21.20M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $22.56M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $18.56M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $15.79M USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $11.48M USD 1 Quarter
Net Income NetIncomeLoss $10.68M USD 1 Quarter
Foreign Currency Translation Adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.65M USD 1 Quarter
Foreign Currency Translation Adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $1.82M USD 1 Quarter
Retirement Liability Adjustment Net of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-131.00K USD 1 Quarter
Retirement Liability Adjustment Net of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-161.00K USD 1 Quarter
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $1.95M USD 1 Quarter
Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-3.48M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $7.20M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $13.43M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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