Astronics Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

SELECTED QUARTERLY FINANCIAL INFORMATION

SELECTED QUARTERLY FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL INFORMATION

NOTE 16 — SELECTED QUARTERLY FINANCIAL INFORMATION

The following table summarizes selected quarterly financial information for 2013 and 2012:


	Quarter Ended
(Unaudited)	Dec. 31,		Sept. 28,		June 29,		March 30,		Dec. 31,		Sept. 29,		June 30,		March 31,
(In thousands, except for per share data)	2013		2013		2013		2013		2012		2012		2012		2012
Sales	$	105,456	$	89,681	$	70,833	$	73,967	$	67,420	$	68,899	$	64,989	$	65,138
Gross Profit (sales less cost of products sold)		25,173		23,785		18,681		20,219		17,551		16,717		17,054		18,120
Income Before Tax		8,902		10,747		7,718		10,844		7,690		7,381		7,510		9,002
Net Income		6,389		7,155		5,158		8,564		5,655		4,930		5,194		6,095
Basic Earnings Per Share		0.36		0.41		0.30		0.49		0.33		0.29		0.30		0.36
Diluted Earnings Per Share		0.34		0.39		0.28		0.47		0.31		0.27		0.29		0.34

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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