Astronics Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated May 2, 2012, covers the 2012 Annual Meeting of Shareholders held by Astronics Corporation. The filing details the submission of matters to a vote of security holders, specifically the election of directors and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes or operational updates are reported in this filing. The document serves to disclose the final voting outcomes of the Annual Meeting.
Management Commentary and Governance Results
Shareholders voted on two primary matters:
- Election of Directors: All nominees were elected. Voting results included:
| Director | Votes For | Votes Withheld |
|---|---|---|
| Raymond W. Boushie | 23,815,016 | 1,686,356 |
| Robert T. Brady | 23,025,903 | 2,475,469 |
| John B. Drenning | 22,185,903 | 3,315,469 |
| Peter J. Gundermann | 22,534,592 | 2,966,780 |
| Kevin T. Keane | 21,601,476 | 3,899,896 |
| Robert J. McKenna | 22,669,641 | 2,831,731 |
- Ratification of Auditor: Ernst & Young LLP was ratified as the independent registered public accounting firm for fiscal year 2012.
- Voting Breakdown: 29,558,421 votes For, 240,676 votes Against, and 549,264 Abstentions. There were no broker non-votes.
Investor Verification Checklist
- Verify the total number of shares outstanding to calculate the percentage of votes withheld for each director.
- Confirm the fiscal year end date to contextualize the auditor ratification for "fiscal year 2012."
- Review the company's most recent 10-K or 10-Q for financial performance data, as this 8-K contains no financial metrics.