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

Quarterly report pursuant to Section 13 or 15(d)

Sales to Major Customers

Sales to Major Customers

9 Months Ended

Sep. 28, 2013

13) Sales to Major Customers

The Company has a significant concentration of business with two major customers, Panasonic Aviation Corporation and the Boeing Company. The following is information relating to the activity with those customers:


	Nine months Ended						Three Months Ended
	September 28, 2013			September 29, 2012			September 28, 2013			September 29, 2012
Percent of consolidated revenue
Panasonic		30	%		38	%		28	%		40	%
Boeing		12	%		5	%		20	%		6	%


(In thousands)	September 28, 2013		December 31, 2012
Accounts Receivable
Panasonic	$	12,039	$	17,412
Boeing	$	8,566	$	1,939

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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