NOTE 12—PROFIT SHARING/401(K) PLAN

The Company and all its subsidiaries, excluding Ballard, participate in the ATRO Profit Sharing/401K Plan. This plan is a qualified profit sharing/401(k) Plan for the benefit of eligible full-time employees. The plan provides for annual contributions based on percentages of pretax income. In addition, employees may contribute a portion of their salary to the 401(k) plan which is partially matched by the Company. The plan may be amended or terminated at any time. Total charges to income before income taxes for the plan were $2.6 million, $1.9 million and $1.0 million in 2011, 2010 and 2009, respectively. The DME Profit Sharing/401(k) Savings Plan and Trust was merged into the ATRO Profit Sharing/401K Plan for the benefit of its eligible full-time employees on January 1, 2011. Total charges to income before income taxes for the DME Profit Sharing/401(k) Savings Plan and Trust were $0.2 million in both 2010 and 2009.

Ballard has a qualified 401(k) Savings Plan (the “Plan”) for the benefit of its eligible full-time employees. Employees may contribute from 1% to 15% of their eligible salary to the Plan. The plan provides for annual contributions of 3% of total eligible salaries, regardless of whether the employee contributes to the Plan. The plan may be amended or terminated at any time. Total charges to income before income taxes for the plan were insignificant in 2011.