Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
 6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

10) Earnings Per Share

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

 

                                 
    Six Months Ended     Three Months Ended  
(In thousands)   June 30,
2012		     July 2,
2011		     June 30,
2012		     July 2,
2011		  
         

Basic earnings per share weighted average shares

     12,374       12,093       12,390       12,107  

Net effect of dilutive stock options

     764       739       772       766  
   

 

 

    

 

 

    

 

 

    

 

 

  

Diluted earnings per share weighted average shares

     13,138       12,832       13,162       12,873  
   

 

 

    

 

 

    

 

 

    

 

 

  

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.