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

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

Consolidated Statements of Shareholders' Equity (USD $) In Thousands, except Share data	Total	Convertible Class B Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid in Capital [Member]	Accumulated Comprehensive Loss [Member]	Retained Earnings [Member]
Beginning balance at Dec. 31, 2011		$ 115	$ 97	$ (2,281)	$ 19,196	$ (886)	$ 86,622
Beginning balance, shares at Dec. 31, 2011		11,543,000	9,681,000	528,000
Foreign Currency Translation Adjustments	183					183
Net Income	21,874us-gaap_NetIncomeLoss						21,874
Exercise of Stock Options and Stock Compensation Expense - Net of Taxes			2		4,316
Mark to Market Adjustments for Derivatives - Net of Taxes	114					114
Retirement Liability Adjustment - Net of Taxes						(4,194)
Retirement of Treasury Shares		(3)	(2)	2,281	(693)		(1,583)
Class B Stock Converted to Common Stock		12	12
Cash Paid in Lieu of Fractional Shares from Stock Distribution							(24)
Exercise of Stock Options, shares	324,804	35,000	194,000
Retirement of Treasury Stock, shares		(349,000)	(179,000)	(528,000)
Class B Stock Converted to Common Stock, shares		1,169,000	1,169,000
Ending balance at Dec. 31, 2012	125,134us-gaap_StockholdersEquity	100	109		22,819	(4,783)	106,889
Ending balance, shares at Dec. 31, 2012		10,060,000	10,865,000
Issuance of Common Shares as Consideration for Acquisition			3		13,470
Foreign Currency Translation Adjustments	(131)					(131)
Net Income	27,266us-gaap_NetIncomeLoss						27,266
Exercise of Stock Options and Stock Compensation Expense - Net of Taxes		1	1		4,502
Mark to Market Adjustments for Derivatives - Net of Taxes	73					73
Retirement Liability Adjustment - Net of Taxes						1,230
Class B Stock Converted to Common Stock		20	20
Cash Paid in Lieu of Fractional Shares from Stock Distribution							(40)
Issuance of Common Shares as Consideration for Acquisition, shares			264,000
Exercise of Stock Options, shares	217,462	96,000	145,000
Class B Stock Converted to Common Stock, shares		1,994,000	1,994,000
Ending balance at Dec. 31, 2013	171,509us-gaap_StockholdersEquity	81	133		40,791	(3,611)	134,115
Ending balance, shares at Dec. 31, 2013		8,162,000	13,268,000
Foreign Currency Translation Adjustments	(4,638)					(4,638)
Net Income	56,170us-gaap_NetIncomeLoss						56,170
Exercise of Stock Options and Stock Compensation Expense - Net of Taxes		3	2		8,868
Mark to Market Adjustments for Derivatives - Net of Taxes	69					69
Retirement Liability Adjustment - Net of Taxes						(3,769)
Class B Stock Converted to Common Stock		31	31
Cash Paid in Lieu of Fractional Shares from Stock Distribution							(37)
Exercise of Stock Options, shares	487,001	284,000	216,000
Class B Stock Converted to Common Stock, shares		3,124,000	3,124,000
Ending balance at Dec. 31, 2014	$ 228,177us-gaap_StockholdersEquity	$ 53	$ 166		$ 49,659	$ (11,949)	$ 190,248
Ending balance, shares at Dec. 31, 2014		5,322,000	16,608,000