$ATRO
ASTRONICS CORP Stock $atro

$atro Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000000806318000010 Filed on May 10, 2018

Income Statement

Concept	2018 Q1	2017 Q2
Revenue	$179.1M	$152.4M
YoY Change		-4.47%
Cost Of Revenue	$141.9M	$114.1M
YoY Change		-4.97%
Gross Profit	$37.13M	$38.32M
YoY Change		-2.95%
Gross Profit Margin	20.74%	25.14%
Selling, General & Admin	$30.50M	$21.38M
YoY Change		-2.29%
% of Gross Profit	82.14%	55.81%
Research & Development	$28.90M	$22.90M
YoY Change		-1.72%
% of Gross Profit	77.83%	59.76%
Depreciation & Amortization	$9.841M	$6.298M
YoY Change		-3.79%
% of Gross Profit	26.5%	16.44%
Operating Expenses	$59.40M	$44.28M
YoY Change		-1.99%
Operating Profit	$6.632M	$16.93M
YoY Change		-3.78%
Interest Expense	-$2.300M	-$1.100M
YoY Change		0.0%
% of Operating Profit	-34.68%	-6.5%
Other Income/Expense, Net	-$400.0K	-$300.0K
YoY Change
Pretax Income	$3.926M	$15.49M
YoY Change		-6.18%
Income Tax	$632.0K	$3.904M
% Of Pretax Income	16.1%	25.2%
Net Earnings	$3.294M	$11.59M
YoY Change		0.89%
Net Earnings / Revenue	1.84%	7.6%
Basic Earnings Per Share	$0.10	$0.35
Diluted Earnings Per Share	$0.10	$0.33
COMMON SHARES
Basic Shares Outstanding	32.28M shares	29.10M shares
Diluted Shares Outstanding	33.01M shares	30.18M shares

Balance Sheet

Concept	2018 Q1	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$16.40M	$10.80M
YoY Change		-31.65%
Cash & Equivalents	$16.39M	$10.76M
Short-Term Investments
Other Short-Term Assets	$15.90M	$10.70M
YoY Change		-34.76%
Inventory	$142.2M	$122.2M
Prepaid Expenses
Receivables	$136.6M	$112.8M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$349.9M	$256.4M
YoY Change		-0.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$124.8M	$122.2M
YoY Change		-1.46%
Goodwill	$125.6M	$115.3M
YoY Change		-0.39%
Intangibles	$147.6M	$95.53M
YoY Change		-9.57%
Long-Term Investments
YoY Change
Other Assets	$19.69M	$13.90M
YoY Change		21.54%
Total Long-Term Assets	$417.7M	$346.9M
YoY Change		-2.77%
TOTAL ASSETS
Total Short-Term Assets	$349.9M	$256.4M
Total Long-Term Assets	$417.7M	$346.9M
Total Assets	$767.6M	$603.3M
YoY Change		-1.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$61.39M	$29.51M
YoY Change		-1.94%
Accrued Expenses	$36.50M	$30.10M
YoY Change		9.45%
Deferred Revenue	$11.43M
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.478M	$2.582M
YoY Change		-3.08%
Total Short-Term Liabilities	$122.5M	$83.13M
YoY Change		-12.64%
LONG-TERM LIABILITIES
Long-Term Debt	$273.6M	$138.9M
YoY Change		-18.13%
Other Long-Term Liabilities	$33.38M	$35.15M
YoY Change		-7.55%
Total Long-Term Liabilities	$307.0M	$174.1M
YoY Change		-16.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$122.5M	$83.13M
Total Long-Term Liabilities	$307.0M	$174.1M
Total Liabilities	$429.5M	$257.2M
YoY Change		-15.08%
SHAREHOLDERS EQUITY
Retained Earnings	$328.5M
YoY Change
Common Stock	$298.0K	$297.0K
YoY Change		15.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$338.0M	$346.1M
YoY Change
Total Liabilities & Shareholders Equity	$767.6M	$603.3M
YoY Change		-1.72%

Cashflow Statement

Concept	2018 Q1	2017 Q2
OPERATING ACTIVITIES
Net Income	$3.294M	$11.59M
YoY Change		0.89%
Depreciation, Depletion And Amortization	$9.841M	$6.298M
YoY Change		-3.79%
Cash From Operating Activities	-$1.054M	$6.370M
YoY Change		1079.63%
INVESTING ACTIVITIES
Capital Expenditures	-$4.350M	-$2.770M
YoY Change		13.06%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$4.346M	-$2.767M
YoY Change		12.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00	$4.413M
YoY Change		3.57%
Debt Paid & Issued, Net	$10.71M	$6.657M
YoY Change		-12.45%
Cash From Financing Activities	$3.939M	-$10.78M
YoY Change		926.19%
NET CHANGE
Cash From Operating Activities	-$1.054M	$6.370M
Cash From Investing Activities	-$4.346M	-$2.767M
Cash From Financing Activities	$3.939M	-$10.78M
Net Change In Cash	-$1.527M	-$7.172M
YoY Change		142.3%
FREE CASH FLOW
Cash From Operating Activities	-$1.054M	$6.370M
Capital Expenditures	-$4.350M	-$2.770M
Free Cash Flow	$3.296M	$9.140M
YoY Change		205.69%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	132633000	USD
CY2018Q1	atro	Revenue From Contract With Customer Excluding Assessed Tax Percentage RevenueFromContractWithCustomerExcludingAssessedTaxPercentage	0.05
CY2018Q1	atro	Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings	1400000	USD
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	atro	Actual Leverage Ratio ActualLeverageRatio	3.19
CY2018Q1	atro	Debt Instrument Covenant Compliance Leverage Ratio Increase Permitted Duration Following Acquisition DebtInstrumentCovenantComplianceLeverageRatioIncreasePermittedDurationFollowingAcquisition	4	fiscal_quarter
CY2018Q1	atro	Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Actof2017 Foreign Derived Intangible Income Deduction Percent EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActof2017ForeignDerivedIntangibleIncomeDeductionPercent	0.005
CY2018Q1	atro	Finite Lived Intangible Assets Amortization Expense Year Six FiniteLivedIntangibleAssetsAmortizationExpenseYearSix	12463000	USD
CY2017Q2	atro	Number Of Major Customers NumberOfMajorCustomers	2	customer
CY2018Q1	atro	Number Of Major Customers NumberOfMajorCustomers	2	customer
CY2018Q1	atro	Number Of Non Qualified Supplemental Retirement Defined Benefit Plans NumberOfNonQualifiedSupplementalRetirementDefinedBenefitPlans	2	retirement_plan
CY2017Q4	atro	Other Shareholders Equity OtherShareholdersEquity	342982000	USD
CY2018Q1	atro	Other Shareholders Equity OtherShareholdersEquity	352007000	USD
CY2017Q2	atro	Provision For Non Cash Losses On Inventory And Receivables ProvisionForNonCashLossesOnInventoryAndReceivables	535000	USD
CY2018Q1	atro	Provision For Non Cash Losses On Inventory And Receivables ProvisionForNonCashLossesOnInventoryAndReceivables	564000	USD
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000008063
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	ASTRONICS CORP
CY2018Q1	dei	Trading Symbol TradingSymbol	ATRO
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	41846000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	61387000	USD
CY2017Q4	us-gaap	Assets Assets	735956000	USD
CY2018Q1	us-gaap	Assets Assets	767570000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	157650000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	136638000	USD
CY2018Q1	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1289000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	82867000	USD
CY2018Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	86572000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-13352000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-14277000	USD
CY2017Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2618000	USD
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6001000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	315329000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	349893000	USD
CY2018Q1	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	8400000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	17901000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10763000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	17914000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16387000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-7138000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1527000	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	297000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	298000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	12113000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3742000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	18966000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	24423000	USD
CY2018Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	22164000	USD
CY2018Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	11431000	USD
CY2018Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	3200000	USD
CY2017Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	114079000	USD
CY2018Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	141927000	USD
CY2017Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-516000	USD
CY2018Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1128000	USD
CY2018Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	5049000	USD
CY2017Q4	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	19607000	USD
CY2018Q1	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	22164000	USD
CY2018Q1	us-gaap	Deferred Revenue And Credits Current DeferredRevenueAndCreditsCurrent	11431000	USD
CY2017Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6298000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9841000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.40
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.38
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
CY2017Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	34000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	19372000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	13631000	USD
CY2018Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-66000	USD
CY2017Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.252
CY2018Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.161
CY2018Q1	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P12Y
CY2017Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	61550000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	67592000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	14065000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	15975000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	16700000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	215043000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	215184000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	125645000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	125630000	USD
CY2018Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	141000	USD
CY2018Q1	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	126000	USD
CY2017Q2	us-gaap	Gross Profit GrossProfit	38317000	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	37132000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	15491000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3926000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3904000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	632000	USD
CY2017Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4397000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	19418000	USD
CY2017Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3268000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	20868000	USD
CY2017Q2	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	4038000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	1303000	USD
CY2017Q2	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-8477000	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3194000	USD
CY2017Q2	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	-2072000	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	10482000	USD
CY2017Q2	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	382000	USD
CY2018Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	448000	USD
CY2017Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	5957000	USD
CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	18204000	USD
CY2017Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	942000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	3474000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	153493000	USD
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	147592000	USD
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1133000	USD
CY2018Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-2331000	USD
CY2017Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	35193000	USD
CY2018Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	29032000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	150196000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	159961000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	142239000	USD
CY2017Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	81784000	USD
CY2018Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	85999000	USD
CY2017Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	33219000	USD
CY2018Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	44930000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	406029000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	429542000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	735956000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	767570000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	102891000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	122539000	USD
CY2017Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	2689000	USD
CY2018Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	2478000	USD
CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	269078000	USD
CY2018Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	273627000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10775000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3939000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2767000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4346000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6370000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1054000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	11587000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	3294000	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	16934000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	6632000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	15659000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	19693000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-131000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-215000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	395000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	233000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	526000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	448000	USD
CY2017Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	38749000	USD
CY2018Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	36510000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	34060000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	33376000	USD
CY2017Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	291000	USD
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	467000	USD
CY2017Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-310000	USD
CY2018Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-375000	USD
CY2017Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4413000	USD
CY2017Q2	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2018Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	516000	USD
CY2017Q2	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	2767000	USD
CY2018Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	4346000	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	14586000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	15895000	USD
CY2017Q2	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	15000000	USD
CY2017Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	295000	USD
CY2018Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	160000	USD
CY2016Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	4675000	USD
CY2017Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	4357000	USD
CY2017Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5136000	USD
CY2018Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5115000	USD
CY2017Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	707000	USD
CY2018Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	640000	USD
CY2017Q2	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-78000	USD
CY2018Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	52000	USD
CY2017Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	467000	USD
CY2018Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	567000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	208697000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	211334000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	125830000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	124762000	USD
CY2017Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	6657000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	10705000	USD
CY2017Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	22900000	USD
CY2018Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	28900000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	328459000	USD
CY2017Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	152396000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	179059000	USD
CY2018Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	356100000	USD
CY2018Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	398600000	USD
CY2017Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	152396000	USD
CY2018Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	179059000	USD
CY2017Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	21383000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	30500000	USD
CY2017Q2	us-gaap	Share Based Compensation ShareBasedCompensation	656000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	931000	USD
CY2016Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	329927000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	338028000	USD
CY2017Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1080000	shares
CY2018Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	637000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30182000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28708000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	29102000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28071000	shares
CY2018Q1	us-gaap	Fiscal Period FiscalPeriod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Operating Results</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The results of operations for any interim period are not necessarily indicative of results for the full year. Operating results for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2018</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the year ending </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The balance sheet at </font><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font><font style="font-family:inherit;font-size:10pt;"> has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles (“GAAP”) for complete financial statements.</font></div></div>

Files In Submission

Name	View Source	Status
0000008063-18-000010-index-headers.html	Edgar Link	pending
0000008063-18-000010-index.html	Edgar Link	pending
0000008063-18-000010.txt	Edgar Link	pending
0000008063-18-000010-xbrl.zip	Edgar Link	pending
atro-20180331.xml	Edgar Link	completed
atro-20180331.xsd	Edgar Link	pending
atro-20180331_cal.xml	Edgar Link	unprocessable
atro-20180331_def.xml	Edgar Link	unprocessable
atro-20180331_lab.xml	Edgar Link	unprocessable
atro-20180331_pre.xml	Edgar Link	unprocessable
atro-2018331x10q.htm	Edgar Link	pending
atro-2018331x10qxexh311.htm	Edgar Link	pending
atro-2018331x10qxexh312.htm	Edgar Link	pending
atro-2018331x10qxexh32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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$ATRO
ASTRONICS CORP Stock $atro

2018 Q1 Form 10-Q Financial Statement

#000000806318000010 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ATRO ASTRONICS CORP Stock $atro

2018 Q1 Form 10-Q Financial Statement

#000000806318000010 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ATRO
ASTRONICS CORP Stock $atro