Astronics Corporation Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2014

Activity in AOCI related to these derivatives is summarized below:


	Three Months Ended
(In thousands)	March 29, 2014			March 30, 2013
Derivative balance at the beginning of the period in AOCI	$	(69	)	$	(142	)

Net deferral in AOCI of derivatives:
Net increase in fair value of derivatives		14			(14	)
Tax effect		(4	)		5

		10			(9	)


Net reclassification from AOCI into earnings:
Reclassification from AOCI into earnings – interest expense		15			37
Tax effect		(5	)		(13	)

		10			24


Net change in derivatives for the period		20			15


Derivative balance at the end of the period in AOCI	$	(49	)	$	(127	)