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

Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 28, 2013

Activity in AOCI related to these derivatives is summarized below:


	Nine months Ended						Three Months Ended
(In thousands)	September 28, 2013			September 29, 2012			September 28, 2013			September 29, 2012
Derivative balance at the beginning of the period in AOCI	$	(142	)	$	(256	)	$	(104	)	$	(206	)

Net deferral in AOCI of derivatives:
Net (increase) decrease in fair value of derivatives		11			(48	)		22			(10	)
Tax effect		(4	)		17			(8	)		4

		7			(31	)		14			(6	)

Net reclassification from AOCI into earnings:
Reclassification from AOCI into earnings – Interest Expense		90			163			20			50
Tax effect		(32	)		(56	)		(7	)		(18	)

		58			107			13			32

Net change in derivatives for the period		65			76			27			26

Derivative balance at the end of the period in AOCI	$	(77	)	$	(180	)	$	(77	)	$	(180	)