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

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

3 Months Ended

Apr. 04, 2015

Summary of Segment Reporting Information

Below are the sales and operating profit by segment for the three months ended April 4, 2015 and March 29, 2014 and a reconciliation of segment operating profit to income before income taxes. Operating profit is net sales less cost of products sold and other operating expenses excluding interest and corporate expenses. Cost of products sold and other operating expenses are directly identifiable to the respective segment.


	Three Months Ended
(Dollars in thousands)	April 4, 2015			March 29, 2014

Sales
Aerospace	$	142,352		$	122,372


Test Systems		19,341			18,689
Less Intersegment Sales		(55	)		(110	)

		19,286			18,579


Total Consolidated Sales	$	161,638		$	140,951


Operating Profit (Loss) and Margins
Aerospace	$	23,402		$	17,490
		16.4	%		14.3	%

Test Systems		(2,225	)		(1,695	)
		(11.5	)%		(9.1	)%

Total Operating Profit		21,177			15,795
		13.1	%		11.2	%
Deductions from Operating Profit
Interest Expense, Net of Interest Income		1,246			2,323
Corporate Expenses and Other		3,634			2,168

Income Before Income Taxes	$	16,297		$	11,304

Identifiable Assets


(In thousands)	April 4, 2015		December 31, 2014

Aerospace	$	512,777	$	468,481
Test Systems		64,413		69,247
Corporate		23,093		25,182

Total Assets	$	600,283	$	562,910

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details