Astronics Corporation Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 29, 2013

Activity in AOCI related to these derivatives is summarized below:


	Six Months Ended						Three Months Ended
(In thousands)	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Derivative balance at the beginning of the period in AOCI	$	(142	)	$	(256	)	$	(127	)	$	(233	)

Net deferral in AOCI of derivatives:
Net (increase) decrease in fair value of derivatives		(11	)		(37	)		3			(12	)
Tax effect		4			13			(1	)		4

		(7	)		(24	)		2			(8	)

Net reclassification from AOCI into earnings:
Reclassification from AOCI into earnings – Interest expense		70			114			33			54
Tax effect		(25	)		(40	)		(12	)		(19	)

		45			74			21			35

Net change in derivatives for the period		38			50			23			27

Derivative balance at the end of the period in AOCI	$	(104	)	$	(206	)	$	(104	)	$	(206	)