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

Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012


	Nine Months Ended						Three Months Ended
(In thousands)	September 29, 2012			October 1, 2011			September 29, 2012			October 1, 2011
Derivative balance at the beginning of the period in AOCI	$	(256	)	$	(338	)	$	(206	)	$	(302	)

Net deferral in AOCI of derivatives:
Net (increase) decrease in fair value of derivatives		(48	)		(161	)		(10	)		(62	)
Tax effect		17			57			4			22

		(31	)		(104	)		(6	)		(40	)

Net reclassification from AOCI into earnings:
Reclassification from AOCI into earnings – interest expense		163			230			50			76
Tax effect		(56	)		(81	)		(18	)		(27	)

		107			149			32			49

Net change in derivatives for the period		76			45			26			9

Derivative balance at the end of the period in AOCI	$	(180	)	$	(293	)	$	(180	)	$	(293	)