Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

10) Earnings Per Share

Basic and diluted weighted-average shares outstanding are as follows:

 

                 
    Three Months Ended  
(In thousands)   March 31,
2012		     April 2,
2011		  

Basic earnings per share weighted average shares

     12,358       12,079  

Net effect of dilutive stock options

     756       712  
   

 

 

    

 

 

  

Diluted earnings per share weighted average shares

     13,114       12,791  
   

 

 

    

 

 

  

On August 2, 2011, Astronics Corporation announced a one-for-ten distribution of Class B Stock to holders of both Common and Class B Stock. On or about August 30, 2011, stockholders received one share of Class B Stock for every ten shares of Common and Class B Stock held on the record date of August 16, 2011. All share quantities, share prices and per share data reported throughout this report have been adjusted to reflect the impact of this distribution.