ASTRONICS CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $633.1m $624.5m $803.3m $772.7m $502.6m $444.9m $534.9m $689.2m $795.4m $862.1m
Cost of Revenue $473.7m $487.4m $622.6m $616.6m $405.7m $379.5m $463.4m $568.4m $627.1m $604.0m
Gross Profit $159.5m $137.1m $180.7m $156.1m $96.8m $65.4m $71.5m $120.8m $168.3m $258.2m
Operating expenses:
Operating Income (Loss) $73.1m $30.4m $63.7m $1.7m ($100.7m) ($28.7m) ($30.0m) ($6.7m) $26.5m $76.4m
Additional Financial Items
Amortization of Intangible Assets $10.8m $12.3m $19.4m $17.6m $17.1m $15.4m $14.9m $13.9m $12.9m $11.5m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount $5.0m $3.5m $0 $0
Gain (Loss) Related to Litigation Settlement ($19.6m) $0 ($8.4m) ($500k) $1.3m
Goodwill, Impairment Loss $0 $16.2m $0 $1.6m $86.3m $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $73.1m $30.4m $63.7m $1.7m $100.7m $28.7m $30.0m $6.7m $26.5m $23.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $68.8m $25.0m $52.3m $68.3m ($112.4m) ($27.0m) ($29.8m) ($26.3m) ($7.9m) $31.9m
Net Income (Loss) Attributable to Parent $48.4m $19.7m $46.8m $52.0m ($115.8m) ($25.6m) ($35.7m) ($26.4m) ($16.2m) $29.4m
Earnings Per Share, Basic $1.66 $0.69 $1.45 $1.62 ($3.76) ($0.82) ($1.11) ($0.80) ($0.46) $0.83
Earnings Per Share, Diluted $1.61 $0.67 $1.41 $1.60 ($3.76) ($0.82) ($1.11) ($0.80) ($0.46) $0.81
Weighted Average Number of Shares Outstanding, Basic 29.2m 28.6m 32.4m 32.0m 30.8m 31.1m 32.2m 33.1m 35.0m 35.4m
Weighted Average Number of Shares Outstanding, Diluted 30.0m 29.3m 33.1m 32.5m 30.8m 31.1m 32.2m 33.1m 35.0m 36.5m
Research and Development Expense $90.2m $95.0m $114.3m $108.9m $86.8m $85.3m $48.3m $53.5m $52.1m $43.5m
Selling, General and Administrative Expense $86.3m $90.5m $117.0m $143.4m $110.5m $99.1m $101.6m $127.5m $141.9m $138.3m
Other Nonoperating Income (Expense) ($2.2m) $738k
Interest Income (Expense), Nonoperating, Net $4.4m $5.4m $9.7m $6.1m $6.7m $6.8m $9.4m $23.3m ($22.0m) ($12.6m)
Current Income Tax Expense (Benefit) $30.7m ($12.2m) ($941k) $5.9m ($36k) $8.4m $3.9m
Restructuring Costs $6.5m $1.2m $267k $0 $6.2m
Income Tax Expense (Benefit) $20.4m $5.3m $5.5m $16.3m $3.4m ($1.4m) $6.0m $110k $8.3m $2.6m
Interest Income (Expense), Net ($4.4m) ($5.4m) ($9.7m) ($6.1m) ($6.7m) ($6.8m) ($9.4m) ($23.3m) $22.0m $12.6m
Other Operating Income (Expense), Net ($1.7m) ($6.1m) ($5.0m) ($2.2m) ($1.6m) $261k