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

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES AND PRACTICES (Policies)
Notes Tables
Notes Details

LEGAL PROCEEDINGS (Details)

v3.22.4

LEGAL PROCEEDINGS (Details) $ in Thousands		1 Months Ended	3 Months Ended		12 Months Ended
LEGAL PROCEEDINGS (Details) $ in Thousands	Dec. 06, 2019 USD ($)	Aug. 31, 2020 USD ($)	Dec. 31, 2022 USD ($)	Oct. 01, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Loss Contingencies
Total gain (loss) on litigation settlement					$ (500)	$ (8,374)	$ 0
Current liability			$ 700		700
Lufthansa
Loss Contingencies
Loss contingency, damages paid, value		$ 1,300
Estimated litigation liability						1,100
Payment made					300
Lufthansa \| Astronics Advanced Electronic Systems Corp. \| Patent Infringement \| Germany
Loss Contingencies
Litigation settlement, amount awarded to other party, excluding interest	$ 3,200
Loss contingency accrual							4,700		$ 1,000
Incremental reserve								$ 3,500
Indirect Sales \| Astronics Advanced Electronic Systems Corp. \| Patent Infringement \| Germany
Loss Contingencies
Loss contingency accrual			17,800		17,800	17,300
Loss contingency, estimate of possible loss, excluding interest								11,600
Litigation settlement interest						1,100		4,500
Total gain (loss) on litigation settlement					7,000	7,300		$ 16,100
Interest rate accrued above bank rate until final payment								0.05
Loss contingency, estimate of possible loss						6,200
Indirect Sales \| Astronics Advanced Electronic Systems Corp. \| Patent Infringement \| Germany \| Reduction in Selling, General and Administrative Expenses
Loss Contingencies
Litigation settlement interest					$ 600	$ 600	$ 600
Former Customer Lawsuit
Loss Contingencies
Total gain (loss) on litigation settlement			$ 1,500
Payment				$ 2,000

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