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

Quarterly report pursuant to Section 13 or 15(d)

Segment Information

Segment Information

6 Months Ended

Jul. 02, 2011

8) Segment Information

Below are the sales and operating profit by segment for the six months and three months ended July 2, 2011 and July 3, 2010 and a reconciliation of segment operating profit to earnings before income taxes. Operating profit is the net sales less cost of sales and other operating expenses excluding interest and other expenses and corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment.


	Six Months Ended						Three Months Ended
	July 2,			July 3,			July 2,			July 3,
(in thousands)	2011			2010			2011			2010
Sales
Aerospace	$	102,141		$	86,789		$	51,942		$	43,599
Test Systems		8,462			7,236			3,533			3,490

Total	$	110,603		$	94,025		$	55,475		$	47,089


Operating Profit and Margins
Aerospace	$	18,330		$	13,495		$	9,011		$	6,753
		17.9	%		15.5	%		17.3	%		15.5	%
Test Systems		(528	)		(806	)		(545	)		(993	)
		(6.2	)%		(11.1	)%		(15.4	)%		(28.5	)%

Total Operating Profit		17,802			12,689			8,466			5,760

Deductions from Operating Profit
Interest Expense		1,071			1,321			533			722
Corporate Expenses and Other		2,399			1,962			1,225			1,151

Income Before Income Taxes	$	14,332		$	9,406		$	6,708		$	3,887

Identifiable Assets


	July 2,		December 31,
(in thousands)	2011		2010
Aerospace	$	111,439	$	96,393
Test Systems		15,857		17,752
Corporate		29,863		36,743

Total Assets	$	157,159	$	150,888