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

Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Activity in AOCI related to these derivatives is summarized below:


(In thousands)	2014			2013			2012

Derivative Balance at the Beginning of the Year in AOCI	$	(69	)	$	(142	)	$	(256	)


Net Deferral in AOCI of Derivatives:
Net Decrease (Increase) in Fair Value of Derivatives		4			2			(34	)
Tax Effect		(2	)		—			14

		2			2			(20	)

Net Reclassification from AOCI into Earnings:
Reclassification from AOCI into Earnings – Interest Expense		103			109			209
Tax Effect		(36	)		(38	)		(75	)

		67			71			134


Net Change in Derivatives for the Year		69			73			114


Derivative Balance at the End of the Year in AOCI	$	—		$	(69	)	$	(142	)