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10-Q Filing

ASTRONICS CORP CIK: 8063 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0001193125-14-188963
Period End Date 20140331
Filing Date 20140508
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance atro-20140329.xml
Filing Contents
Balance Sheet 53 line items
Line Item Tag Value Unit Period
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $17.80M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $54.63M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $29.12M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $7.38M USD Point-in-time
Accounts Receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $60.94M USD Point-in-time
Accounts Receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $109.02M USD Point-in-time
Inventories InventoryNet $85.27M USD Point-in-time
Inventories InventoryNet $141.11M USD Point-in-time
Prepaid Expenses PrepaidExpenseCurrent $5.53M USD Point-in-time
Prepaid Expenses PrepaidExpenseCurrent $4.26M USD Point-in-time
Other Current Assets OtherAssetsCurrent $6.09M USD Point-in-time
Other Current Assets OtherAssetsCurrent $5.94M USD Point-in-time
Total Current Assets AssetsCurrent $211.20M USD Point-in-time
Total Current Assets AssetsCurrent $290.71M USD Point-in-time
Property, Plant and Equipment, net of accumulated depreciation PropertyPlantAndEquipmentNet $70.90M USD Point-in-time
Property, Plant and Equipment, net of accumulated depreciation PropertyPlantAndEquipmentNet $100.88M USD Point-in-time
Other Assets OtherAssetsNoncurrent $5.47M USD Point-in-time
Other Assets OtherAssetsNoncurrent $6.14M USD Point-in-time
Intangible Assets, net of accumulated amortization IntangibleAssetsNetExcludingGoodwill $101.57M USD Point-in-time
Intangible Assets, net of accumulated amortization IntangibleAssetsNetExcludingGoodwill $102.70M USD Point-in-time
Goodwill Goodwill $101.00M USD Point-in-time
Goodwill Goodwill $103.42M USD Point-in-time
Total Assets Assets $602.72M USD Point-in-time
Total Assets Assets $491.27M USD Point-in-time
Current Maturities of Long-term Debt LongTermDebtCurrent $13.09M USD Point-in-time
Current Maturities of Long-term Debt LongTermDebtCurrent $12.28M USD Point-in-time
Accounts Payable AccountsPayableCurrent $25.25M USD Point-in-time
Accounts Payable AccountsPayableCurrent $45.39M USD Point-in-time
Accrued Expenses AccruedLiabilitiesCurrent $27.07M USD Point-in-time
Accrued Expenses AccruedLiabilitiesCurrent $24.67M USD Point-in-time
Accrued Income Taxes AccruedIncomeTaxesCurrent $1.32M USD Point-in-time
Accrued Income Taxes AccruedIncomeTaxesCurrent $5.18M USD Point-in-time
Customer Advance Payments and Deferred Revenue DeferredRevenueAndCreditsCurrent $20.75M USD Point-in-time
Customer Advance Payments and Deferred Revenue DeferredRevenueAndCreditsCurrent $32.60M USD Point-in-time
Deferred Income Taxes DeferredTaxLiabilitiesCurrent $970.00K USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $85.24M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $123.33M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $188.04M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $255.33M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $46.48M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $43.07M USD Point-in-time
Total Liabilities Liabilities $319.76M USD Point-in-time
Total Liabilities Liabilities $421.72M USD Point-in-time
Common Stock CommonStockValue $179.00K USD Point-in-time
Common Stock CommonStockValue $180.00K USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.88M USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.61M USD Point-in-time
Other Shareholders' Equity OtherShareholdersEquity $184.69M USD Point-in-time
Other Shareholders' Equity OtherShareholdersEquity $174.94M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $171.51M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $181.00M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $602.72M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $491.27M USD Point-in-time
Income Statement 22 line items
Line Item Tag Value Unit Period
Sales SalesRevenueGoodsNet $140.95M USD 1 Quarter
Sales SalesRevenueGoodsNet $73.97M USD 1 Quarter
Cost of Products Sold CostOfGoodsSold $53.75M USD 1 Quarter
Cost of Products Sold CostOfGoodsSold $110.95M USD 1 Quarter
Gross Profit GrossProfit $30.00M USD 1 Quarter
Gross Profit GrossProfit $20.22M USD 1 Quarter
Selling, General and Administrative Expenses SellingGeneralAndAdministrativeExpense $16.38M USD 1 Quarter
Selling, General and Administrative Expenses SellingGeneralAndAdministrativeExpense $9.16M USD 1 Quarter
Income from Operations OperatingIncomeLoss $11.06M USD 1 Quarter
Income from Operations OperatingIncomeLoss $13.63M USD 1 Quarter
Interest Expense, Net of Interest Income InterestIncomeExpenseNet $-218.00K USD 1 Quarter
Interest Expense, Net of Interest Income InterestIncomeExpenseNet $-2.32M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $11.30M USD 1 Quarter
Income Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $10.84M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $3.80M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $2.28M USD 1 Quarter
Net Income NetIncomeLoss $7.51M USD 1 Quarter
Net Income NetIncomeLoss $8.56M USD 1 Quarter
Basic EarningsPerShareBasic $0.49 USD 1 Quarter
Basic EarningsPerShareBasic $0.42 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.40 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.47 USD 1 Quarter
Cash Flow Statement 59 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $7.51M USD 1 Quarter
Net Income NetIncomeLoss $8.56M USD 1 Quarter
Depreciation and Amortization DepreciationDepletionAndAmortization $1.75M USD 1 Quarter
Depreciation and Amortization DepreciationDepletionAndAmortization $4.84M USD 1 Quarter
Provisions for Non-Cash Losses on Inventory and Receivables ProvisionForNonCashLossesOnInventoryAndReceivables $116.00K USD 1 Quarter
Provisions for Non-Cash Losses on Inventory and Receivables ProvisionForNonCashLossesOnInventoryAndReceivables $312.00K USD 1 Quarter
Stock Compensation Expense ShareBasedCompensation $394.00K USD 1 Quarter
Stock Compensation Expense ShareBasedCompensation $326.00K USD 1 Quarter
Deferred Tax (Benefit) Expense DeferredIncomeTaxExpenseBenefit $-816.00K USD 1 Quarter
Deferred Tax (Benefit) Expense DeferredIncomeTaxExpenseBenefit $1.01M USD 1 Quarter
Other OtherNoncashIncomeExpense $277.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $879.00K USD 1 Quarter
Accounts Receivable IncreaseDecreaseInAccountsReceivable $37.63M USD 1 Quarter
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-5.86M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-8.70M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $1.11M USD 1 Quarter
Accounts Payable IncreaseDecreaseInAccountsPayable $1.74M USD 1 Quarter
Accounts Payable IncreaseDecreaseInAccountsPayable $9.52M USD 1 Quarter
Other Current Assets and Liabilities IncreaseDecreaseInOtherOperatingCapitalNet $382.00K USD 1 Quarter
Other Current Assets and Liabilities IncreaseDecreaseInOtherOperatingCapitalNet $2.94M USD 1 Quarter
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts IncreaseDecreaseInBillingInExcessOfCostOfEarnings $116.00K USD 1 Quarter
Customer Advanced Payments and Deferred Revenue IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $-2.32M USD 1 Quarter
Customer Advanced Payments and Deferred Revenue IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $9.20M USD 1 Quarter
Income Taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $2.78M USD 1 Quarter
Income Taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $1.21M USD 1 Quarter
Supplemental Retirement and Other Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $282.00K USD 1 Quarter
Supplemental Retirement and Other Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $-967.00K USD 1 Quarter
Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.57M USD 1 Quarter
Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $14.33M USD 1 Quarter
Acquisition of Business PaymentsToAcquireBusinessesNetOfCashAcquired $70.28M USD 1 Quarter
Capital Expenditures PaymentsToAcquireProductiveAssets $16.91M USD 1 Quarter
Capital Expenditures PaymentsToAcquireProductiveAssets $1.83M USD 1 Quarter
Cash Used For Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-87.18M USD 1 Quarter
Cash Used For Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.83M USD 1 Quarter
Proceeds from Credit Facility ProceedsFromLinesOfCredit $58.00M USD 1 Quarter
Payments for Long-term Debt ProceedsFromRepaymentsOfDebt $-405.00K USD 1 Quarter
Payments for Long-term Debt ProceedsFromRepaymentsOfDebt $-2.04M USD 1 Quarter
Debt Acquisition Costs PaymentsOfDebtIssuanceCosts $280.00K USD 1 Quarter
Debt Acquisition Costs PaymentsOfDebtIssuanceCosts $160.00K USD 1 Quarter
Acquisition Earnout Payments PaymentsForPreviousAcquisition $81.00K USD 1 Quarter
Acquisition Earnout Payments PaymentsForPreviousAcquisition $53.00K USD 1 Quarter
Proceeds from Exercise of Stock Options ProceedsFromStockOptionsExercised $137.00K USD 1 Quarter
Proceeds from Exercise of Stock Options ProceedsFromStockOptionsExercised $588.00K USD 1 Quarter
Income Tax Benefit from Exercise of Stock Options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $1.26M USD 1 Quarter
Income Tax Benefit from Exercise of Stock Options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $57.00K USD 1 Quarter
Cash Provided By (Used For) Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-2.08M USD 1 Quarter
Cash Provided By (Used For) Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $59.11M USD 1 Quarter
Effect of Exchange Rates on Cash EffectOfExchangeRateOnCashAndCashEquivalents $2.00K USD 1 Quarter
Effect of Exchange Rates on Cash EffectOfExchangeRateOnCashAndCashEquivalents $-21.00K USD 1 Quarter
(Decrease) Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $10.42M USD 1 Quarter
(Decrease) Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-25.52M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $17.80M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $54.63M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $29.12M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $7.38M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $17.80M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $54.63M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $29.12M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $7.38M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $7.51M USD 1 Quarter
Net Income NetIncomeLoss $8.56M USD 1 Quarter
Foreign Currency Translation Adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-386.00K USD 1 Quarter
Foreign Currency Translation Adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-197.00K USD 1 Quarter
Mark to Market Adjustments for Derivatives - Net of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $20.00K USD 1 Quarter
Mark to Market Adjustments for Derivatives - Net of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $15.00K USD 1 Quarter
Retirement Liability Adjustment - Net of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-102.00K USD 1 Quarter
Retirement Liability Adjustment - Net of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-106.00K USD 1 Quarter
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-76.00K USD 1 Quarter
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-264.00K USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $8.49M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $7.24M USD 1 Quarter

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

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