Earnings Per Share (Tables)

3 Months Ended

Apr. 04, 2026

The following table sets forth the computation of basic earnings per share:


	Three months ended
(In thousands, except per share amounts)		April 4, 2026		March 29, 2025
Basic Earnings per Common Share:
Net Income - Basic		$	25,540	$	9,528
Weighted Average Shares - Basic		35,736		35,285
Basic Earnings per Common Share		$	0.71	$	0.27

The following table sets forth the computation of diluted net income (loss) per share:


	Three months ended
(In thousands, except per share amounts)		April 4, 2026		March 29, 2025
Diluted Earnings per Common Share:
Net Income - Basic		$	25,540	$	9,528
Convertible Notes Interest Expense, Net of Tax		—		1,792
Net Income - Diluted		$	25,540	$	11,320

Weighted Average Shares - Basic		35,736		35,285
Net Effect of Dilutive Stock Awards		1,495		464
Net Effect of Dilutive Convertible Notes		992		7,208
Weighted Average Shares - Diluted		38,223		42,957

Diluted Earnings per Common Share		$	0.67	$	0.26

Antidilutive shares excluded from diluted earnings per share computations as of the date indicated were as follows:


(In thousands)	April 4, 2026	March 29, 2025
Stock Options and Unvested RSUs	—	471
2030 Convertible Notes	1,442	—
Total Antidilutive Securities	1,442	471

ASTRONICS CORP 10-Q