Business Context and Reporting Period
Company: Astronics Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: May 4, 2009
Reporting Period: First Quarter of 2009 (Three months ended April 4, 2009)
This filing announces the issuance and subsequent reissuance of a news release regarding the company's financial results for the first quarter of 2009.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. It references attached exhibits (99.1 and 99.2) containing the press releases with detailed financial data, but the text of the 8-K itself does not list these figures.
Material Changes
- Reclassification of Sales: The reissued press release (Exhibit 99.2) reclassifies $2.1 million of sales originally reported as "Business Jet" to "Military Sales" for the three months ended April 4, 2009.
- Impact on Financial Statements: The filing explicitly states there were no changes to Consolidated Income Statement Data or Consolidated Balance Sheet Data as a result of this reclassification.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, risk factors, or contingencies. It serves solely to notify the market of the reissued press release and the specific sales reclassification.
Investor Verification Checklist
- Verify the specific breakdown of Business Jet versus Military Sales in the reissued press release (Exhibit 99.2).
- Confirm that the $2.1 million reclassification had no impact on total consolidated revenue or net income.
- Review the full text of the reissued press release for any other qualitative changes not detailed in the 8-K summary.