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

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2013

Activity in AOCI related to these derivatives is summarized below:


(In thousands)	2013			2012			2011
Derivative Balance at the Beginning of the Year in AOCI	$	(142	)	$	(256	)	$	(338	)


Net Deferral in AOCI of Derivatives:
Net (Increase) Decrease in Fair Value of Derivatives		2			(34	)		(171	)
Tax Effect		—			14			61

		2			(20	)		(110	)

Net Reclassification from AOCI into Earnings:
Reclassification from AOCI into Earnings – Interest Expense		109			209			298
Tax Effect		(38	)		(75	)		(106	)

		71			134			192



Net Change in Derivatives for the Year		73			114			82

Derivative Balance at the End of the Year in AOCI	$	(69	)	$	(142	)	$	(256	)