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10-Q Filing

ASTRONICS CORP CIK: 8063 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-185435
Period End Date 20150331
Filing Date 20150513
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance atro-20150404.xml
Filing Contents
Balance Sheet 48 line items
Line Item Tag Value Unit Period
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $29.12M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $22.56M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $54.63M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $21.20M USD Point-in-time
Accounts Receivable, Net of Allowance for Doubtful Accounts AccountsReceivableNetCurrent $76.35M USD Point-in-time
Accounts Receivable, Net of Allowance for Doubtful Accounts AccountsReceivableNetCurrent $88.89M USD Point-in-time
Inventories InventoryNet $120.78M USD Point-in-time
Inventories InventoryNet $115.05M USD Point-in-time
Prepaid Expenses and Other Current Assets PrepaidExpenseAndOtherAssetsCurrent $17.63M USD Point-in-time
Prepaid Expenses and Other Current Assets PrepaidExpenseAndOtherAssetsCurrent $20.68M USD Point-in-time
Total Current Assets AssetsCurrent $245.82M USD Point-in-time
Total Current Assets AssetsCurrent $237.32M USD Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation PropertyPlantAndEquipmentNet $124.92M USD Point-in-time
Property, Plant and Equipment, Net of Accumulated Depreciation PropertyPlantAndEquipmentNet $116.32M USD Point-in-time
Other Assets OtherAssetsNoncurrent $5.63M USD Point-in-time
Other Assets OtherAssetsNoncurrent $6.38M USD Point-in-time
Intangible Assets, Net of Accumulated Amortization IntangibleAssetsNetExcludingGoodwill $94.99M USD Point-in-time
Intangible Assets, Net of Accumulated Amortization IntangibleAssetsNetExcludingGoodwill $112.03M USD Point-in-time
Goodwill Goodwill $119.63M USD Point-in-time
Goodwill Goodwill $100.15M USD Point-in-time
Total Assets Assets $562.91M USD Point-in-time
Total Assets Assets $600.28M USD Point-in-time
Current Maturities of Long-term Debt LongTermDebtCurrent $2.66M USD Point-in-time
Current Maturities of Long-term Debt LongTermDebtCurrent $2.80M USD Point-in-time
Accounts Payable AccountsPayableCurrent $27.90M USD Point-in-time
Accounts Payable AccountsPayableCurrent $34.88M USD Point-in-time
Accrued Expenses and Other Current Liabilities OtherLiabilitiesCurrent $33.47M USD Point-in-time
Accrued Expenses and Other Current Liabilities OtherLiabilitiesCurrent $31.06M USD Point-in-time
Customer Advance Payments and Deferred Revenue DeferredRevenueAndCreditsCurrent $45.05M USD Point-in-time
Customer Advance Payments and Deferred Revenue DeferredRevenueAndCreditsCurrent $37.04M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $109.22M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $105.64M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $180.21M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $214.10M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $45.30M USD Point-in-time
Other Liabilities OtherLiabilitiesNoncurrent $43.56M USD Point-in-time
Total Liabilities Liabilities $363.29M USD Point-in-time
Total Liabilities Liabilities $334.73M USD Point-in-time
Common Stock CommonStockValue $219.00K USD Point-in-time
Common Stock CommonStockValue $221.00K USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.95M USD Point-in-time
Accumulated Other Comprehensive Loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-15.43M USD Point-in-time
Other Shareholders' Equity OtherShareholdersEquity $239.91M USD Point-in-time
Other Shareholders' Equity OtherShareholdersEquity $252.20M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $228.18M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $236.99M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $562.91M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $600.28M USD Point-in-time
Income Statement 22 line items
Line Item Tag Value Unit Period
Sales SalesRevenueGoodsNet $161.64M USD 1 Quarter
Sales SalesRevenueGoodsNet $140.95M USD 1 Quarter
Cost of Products Sold CostOfGoodsSold $121.48M USD 1 Quarter
Cost of Products Sold CostOfGoodsSold $110.95M USD 1 Quarter
Gross Profit GrossProfit $40.16M USD 1 Quarter
Gross Profit GrossProfit $30.00M USD 1 Quarter
Selling, General and Administrative Expenses SellingGeneralAndAdministrativeExpense $22.62M USD 1 Quarter
Selling, General and Administrative Expenses SellingGeneralAndAdministrativeExpense $16.38M USD 1 Quarter
Income from Operations OperatingIncomeLoss $13.63M USD 1 Quarter
Income from Operations OperatingIncomeLoss $17.54M USD 1 Quarter
Interest Expense, Net of Interest Income InterestIncomeExpenseNet $-2.32M 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 $11.30M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $3.80M USD 1 Quarter
Provision for Income Taxes IncomeTaxExpenseBenefit $5.61M USD 1 Quarter
Net Income NetIncomeLoss $7.51M USD 1 Quarter
Net Income NetIncomeLoss $10.68M USD 1 Quarter
Basic EarningsPerShareBasic $0.35 USD 1 Quarter
Basic EarningsPerShareBasic $0.49 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.47 USD 1 Quarter
Cash Flow Statement 61 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $7.51M USD 1 Quarter
Net Income NetIncomeLoss $10.68M USD 1 Quarter
Depreciation and Amortization DepreciationDepletionAndAmortization $6.13M USD 1 Quarter
Depreciation and Amortization DepreciationDepletionAndAmortization $4.84M USD 1 Quarter
Provisions for Non-Cash Losses on Inventory and Receivables ProvisionForNonCashLossesOnInventoryAndReceivables $-74.00K 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 $506.00K USD 1 Quarter
Deferred Tax Benefit DeferredIncomeTaxExpenseBenefit $-40.00K USD 1 Quarter
Deferred Tax Benefit DeferredIncomeTaxExpenseBenefit $-816.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $-110.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $879.00K USD 1 Quarter
Accounts Receivable IncreaseDecreaseInAccountsReceivable $37.63M USD 1 Quarter
Accounts Receivable IncreaseDecreaseInAccountsReceivable $-18.56M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-8.70M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $3.47M USD 1 Quarter
Accounts Payable IncreaseDecreaseInAccountsPayable $5.52M USD 1 Quarter
Accounts Payable IncreaseDecreaseInAccountsPayable $9.52M USD 1 Quarter
Accrued Expenses IncreaseDecreaseInAccruedLiabilities $-1.27M USD 1 Quarter
Accrued Expenses IncreaseDecreaseInAccruedLiabilities $-4.54M USD 1 Quarter
Other Current Assets and Liabilities IncreaseDecreaseInOtherOperatingCapitalNet $633.00K USD 1 Quarter
Other Current Assets and Liabilities IncreaseDecreaseInOtherOperatingCapitalNet $382.00K USD 1 Quarter
Customer Advanced Payments and Deferred Revenue IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $-8.80M USD 1 Quarter
Customer Advanced Payments and Deferred Revenue IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $9.20M USD 1 Quarter
Income Taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $2.42M USD 1 Quarter
Income Taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $2.78M USD 1 Quarter
Supplemental Retirement and Other Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $308.00K USD 1 Quarter
Supplemental Retirement and Other Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $409.00K USD 1 Quarter
Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $26.78M USD 1 Quarter
Cash Provided By Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.57M USD 1 Quarter
Acquisition of Business, Net of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired $70.28M 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 $16.91M USD 1 Quarter
Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $300.00K USD 1 Quarter
Cash Used For Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-87.18M 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 $58.00M USD 1 Quarter
Payments for Long-term Debt RepaymentsOfLongTermDebt $405.00K USD 1 Quarter
Payments for Long-term Debt RepaymentsOfLongTermDebt $5.66M USD 1 Quarter
Debt Acquisition Costs PaymentsOfDebtIssuanceCosts $280.00K USD 1 Quarter
Acquisition Earnout Payments PaymentsForPreviousAcquisition $53.00K USD 1 Quarter
Proceeds from Exercise of Stock Options ProceedsFromStockOptionsExercised $588.00K USD 1 Quarter
Proceeds from Exercise of Stock Options ProceedsFromStockOptionsExercised $402.00K 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 $708.00K USD 1 Quarter
Cash Provided By Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $35.45M USD 1 Quarter
Cash Provided By Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $59.11M USD 1 Quarter
Effect of Exchange Rates on Cash EffectOfExchangeRateOnCashAndCashEquivalents $-886.00K USD 1 Quarter
Effect of Exchange Rates on Cash EffectOfExchangeRateOnCashAndCashEquivalents $-21.00K USD 1 Quarter
Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $1.37M USD 1 Quarter
Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-25.52M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $29.12M 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 $54.63M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $21.20M 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 $22.56M 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 $21.20M USD Point-in-time
Comprehensive Income 11 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $7.51M 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 $-386.00K USD 1 Quarter
Change in Accumulated Income on Derivatives - Net of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $20.00K USD 1 Quarter
Retirement Liability Adjustment - Net of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-102.00K USD 1 Quarter
Retirement Liability Adjustment - Net of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-161.00K USD 1 Quarter
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-264.00K USD 1 Quarter
Other Comprehensive Loss OtherComprehensiveIncomeLossNetOfTax $-3.48M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $7.24M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $7.20M USD 1 Quarter

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

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