$CSPI
CSP INC /MA/ Stock $cspi

$cspi Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000035603715000014 Filed on February 13, 2015

Income Statement

Concept	2014 Q4	2013 Q4
Revenue	$20.43M	$21.33M
YoY Change	-4.23%	2.21%
Cost Of Revenue	$16.48M	$16.80M
YoY Change	-1.93%	0.63%
Gross Profit	$3.955M	$4.533M
YoY Change	-12.75%	8.52%
Gross Profit Margin	19.36%	21.25%
Selling, General & Admin	$4.023M	$4.020M
YoY Change	0.07%	12.92%
% of Gross Profit	101.72%	88.68%
Research & Development	$853.0K	$635.0K
YoY Change	34.33%	43.02%
% of Gross Profit	21.57%	14.01%
Depreciation & Amortization	$139.0K	$210.0K
YoY Change	-33.81%	105.88%
% of Gross Profit	3.51%	4.63%
Operating Expenses	$4.876M	$4.655M
YoY Change	4.75%	16.26%
Operating Profit	-$921.0K	$340.0K
YoY Change	-370.88%	96.53%
Interest Expense	-$40.00K	-$50.00K
YoY Change	-20.0%	-600.0%
% of Operating Profit		-14.71%
Other Income/Expense, Net	-$33.00K	-$26.00K
YoY Change	26.92%	-144.07%
Pretax Income	-$954.0K	$314.0K
YoY Change	-403.82%	35.34%
Income Tax	-$517.0K	-$32.00K
% Of Pretax Income		-10.19%
Net Earnings	-$437.0K	$346.0K
YoY Change	-226.3%	200.87%
Net Earnings / Revenue	-2.14%	1.62%
Basic Earnings Per Share	-$0.12	$0.10
Diluted Earnings Per Share	-$0.12	$0.10
COMMON SHARES
Basic Shares Outstanding	3.490M shares	3.431M shares
Diluted Shares Outstanding	3.490M shares	3.474M shares

Balance Sheet

Concept	2014 Q4	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$11.65M	$13.94M
YoY Change	-16.43%	-21.33%
Cash & Equivalents	$11.65M	$13.94M
Short-Term Investments
Other Short-Term Assets	$3.538M	$2.852M
YoY Change	24.05%	-37.04%
Inventory	$7.216M	$6.599M
Prepaid Expenses
Receivables	$16.39M	$16.96M
Other Receivables	$940.0K	$570.0K
Total Short-Term Assets	$40.96M	$42.27M
YoY Change	-3.11%	-5.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.410M	$1.510M
YoY Change	-6.62%	45.19%
Goodwill
YoY Change
Intangibles	$513.0K	$642.0K
YoY Change	-20.09%
Long-Term Investments
YoY Change
Other Assets	$239.0K	$156.0K
YoY Change	53.21%	-96.76%
Total Long-Term Assets	$5.421M	$5.097M
YoY Change	6.36%	-19.27%
TOTAL ASSETS
Total Short-Term Assets	$40.96M	$42.27M
Total Long-Term Assets	$5.421M	$5.097M
Total Assets	$47.79M	$48.88M
YoY Change	-2.23%	-3.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$13.08M	$11.94M
YoY Change	9.55%	-13.67%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$17.01M	$16.40M
YoY Change	3.73%	-10.6%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$10.12M	$9.130M
YoY Change	10.84%	-8.06%
Total Long-Term Liabilities	$10.12M	$9.130M
YoY Change	10.84%	-8.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.01M	$16.40M
Total Long-Term Liabilities	$10.12M	$9.130M
Total Liabilities	$27.13M	$25.63M
YoY Change	5.85%	-9.31%
SHAREHOLDERS EQUITY
Retained Earnings	$16.68M	$17.72M
YoY Change	-5.86%
Common Stock	$11.80M	$11.25M
YoY Change	4.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$20.66M	$23.25M
YoY Change
Total Liabilities & Shareholders Equity	$47.79M	$48.88M
YoY Change	-2.23%	-3.8%

Cashflow Statement

Concept	2014 Q4	2013 Q4
OPERATING ACTIVITIES
Net Income	-$437.0K	$346.0K
YoY Change	-226.3%	200.87%
Depreciation, Depletion And Amortization	$139.0K	$210.0K
YoY Change	-33.81%	105.88%
Cash From Operating Activities	-$4.602M	-$4.077M
YoY Change	12.88%	92.95%
INVESTING ACTIVITIES
Capital Expenditures	$103.0K	$273.0K
YoY Change	-62.27%	102.22%
Acquisitions	$0.00	$500.0K
YoY Change	-100.0%
Other Investing Activities	-$30.00K	-$500.0K
YoY Change	-94.0%	-2600.0%
Cash From Investing Activities	-$134.0K	-$775.0K
YoY Change	-82.71%	545.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$0.00	$6.000K
YoY Change	-100.0%	-100.87%
NET CHANGE
Cash From Operating Activities	-$4.602M	-$4.077M
Cash From Investing Activities	-$134.0K	-$775.0K
Cash From Financing Activities	$0.00	$6.000K
Net Change In Cash	-$4.736M	-$4.846M
YoY Change	-2.27%	65.85%
FREE CASH FLOW
Cash From Operating Activities	-$4.602M	-$4.077M
Capital Expenditures	$103.0K	$273.0K
Free Cash Flow	-$4.705M	-$4.350M
YoY Change	8.16%	93.51%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q4	cspi	Bargainpurchasegainbeforetax Bargainpurchasegainbeforetax	714000	USD
CY2013Q4	cspi	Change In Liability For Uncertain Tax Positions ChangeInLiabilityForUncertainTaxPositions	10000	USD
CY2014Q4	cspi	Change In Liability For Uncertain Tax Positions ChangeInLiabilityForUncertainTaxPositions	2000	USD
CY2013Q4	cspi	Deferredtaxonbargainpurchasegain Deferredtaxonbargainpurchasegain	-252000	USD
CY2013Q4	cspi	Dividends Accrued DividendsAccrued	357000	USD
CY2014Q4	cspi	Dividends Accrued DividendsAccrued	402000	USD
CY2013Q4	cspi	Net Income Attributable To Common Shareholders NetIncomeAttributableToCommonShareholders	335000	USD
CY2014Q4	cspi	Net Income Attributable To Common Shareholders NetIncomeAttributableToCommonShareholders	-421000	USD
CY2013Q4	cspi	Net Income Loss Attributable To Nonvested Common Stock NetIncomeLossAttributableToNonvestedCommonStock	11000	USD
CY2014Q4	cspi	Net Income Loss Attributable To Nonvested Common Stock NetIncomeLossAttributableToNonvestedCommonStock	-16000	USD
CY2014Q3	cspi	Number Of Years Defined Benefit Plans Are Closed To Newly Hired Employees NumberOfYearsDefinedBenefitPlansAreClosedToNewlyHiredEmployees	P2Y
CY2013Q4	cspi	Weighted Average Total Shares Outstanding Basic WeightedAverageTotalSharesOutstandingBasic	3545000	shares
CY2014Q4	cspi	Weighted Average Total Shares Outstanding Basic WeightedAverageTotalSharesOutstandingBasic	3625000	shares
CY2014Q4	dei	Amendment Flag AmendmentFlag	false
CY2014Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2014Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q4	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
CY2014Q4	dei	Document Type DocumentType	10-Q
CY2014Q4	dei	Entity Central Index Key EntityCentralIndexKey	0000356037
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3655648	shares
CY2014Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q4	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014Q4	dei	Entity Registrant Name EntityRegistrantName	CSP INC /MA/
CY2014Q4	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014Q4	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	9751000	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	13078000	USD
CY2014Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1000	USD
CY2014Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	0	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	5429000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	5429000	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-2495000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-2383000	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-7924000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-7812000	USD
CY2014Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	11658000	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	11760000	USD
CY2014Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	102000	USD
CY2014Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	242000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	309000	USD
CY2013Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	29000	USD
CY2014Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	33000	USD
CY2013Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	49000	shares
CY2014Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	43000	shares
CY2013Q4	us-gaap	Assets Assets	48878000	USD
CY2014Q3	us-gaap	Assets Assets	46307000	USD
CY2014Q4	us-gaap	Assets Assets	47789000	USD
CY2014Q3	us-gaap	Assets Current AssetsCurrent	39446000	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	40958000	USD
CY2014Q3	us-gaap	Assets Fair Value Disclosure Recurring AssetsFairValueDisclosureRecurring	1006000	USD
CY2014Q4	us-gaap	Assets Fair Value Disclosure Recurring AssetsFairValueDisclosureRecurring	1006000	USD
CY2014Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	5389000	USD
CY2014Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	5421000	USD
CY2013Q4	us-gaap	Business Combination Bargain Purchase Gain Recognized Amount BusinessCombinationBargainPurchaseGainRecognizedAmount	462000	USD
CY2014Q4	us-gaap	Business Combination Bargain Purchase Gain Recognized Amount BusinessCombinationBargainPurchaseGainRecognizedAmount	0	USD
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	1307000	USD
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEquipment	17000	USD
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	260000	USD
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory	1030000	USD
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities	-93000	USD
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	1214000	USD
CY2013Q4	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	273000	USD
CY2014Q4	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	103000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18619000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13942000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16448000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11653000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-4677000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-4795000	USD
CY2014Q3	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	2785000	USD
CY2014Q4	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	2811000	USD
CY2014Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.11
CY2014Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	33000	USD
CY2014Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.11
CY2014Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7500000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7500000	shares
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3496000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3589000	shares
CY2014Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3496000	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3589000	shares
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	36000	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	37000	USD
CY2013Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	496000	USD
CY2014Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-325000	USD
CY2013Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16799000	USD
CY2014Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16475000	USD
CY2013Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	12721000	USD
CY2014Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	13133000	USD
CY2013Q4	us-gaap	Cost Of Services CostOfServices	4078000	USD
CY2014Q4	us-gaap	Cost Of Services CostOfServices	3342000	USD
CY2014Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4101000	USD
CY2014Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	3255000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1230000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1226000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1892000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1858000	USD
CY2013Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	239000	USD
CY2014Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	172000	USD
CY2013Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	210000	USD
CY2014Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	139000	USD
CY2014Q4	us-gaap	Dividends Common Stock DividendsCommonStock	402000	USD
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.10
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.10
CY2014Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2013Q4	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	169000	USD
CY2014Q4	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-59000	USD
CY2013Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-26000	USD
CY2014Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-21000	USD
CY2013Q4	us-gaap	Gross Profit GrossProfit	4533000	USD
CY2014Q4	us-gaap	Gross Profit GrossProfit	3955000	USD
CY2013Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	314000	USD
CY2014Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-954000	USD
CY2013Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-32000	USD
CY2014Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-517000	USD
CY2013Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	89000	USD
CY2014Q3	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	418000	USD
CY2014Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	934000	USD
CY2013Q4	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	3366000	USD
CY2014Q4	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	4182000	USD
CY2013Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	932000	USD
CY2014Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3090000	USD
CY2013Q4	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-60000	USD
CY2014Q4	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
CY2013Q4	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	160000	USD
CY2014Q4	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-5000	USD
CY2013Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-309000	USD
CY2014Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-723000	USD
CY2013Q4	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-62000	USD
CY2014Q4	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	524000	USD
CY2013Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	835000	USD
CY2014Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	871000	USD
CY2013Q4	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	655000	USD
CY2014Q4	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1238000	USD
CY2013Q4	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-69000	USD
CY2014Q4	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	78000	USD
CY2013Q4	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-71000	USD
CY2014Q4	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-14000	USD
CY2013Q4	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-50000	USD
CY2014Q4	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-13000	USD
CY2013Q4	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	114000	shares
CY2014Q4	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	135000	shares
CY2013Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	43000	shares
CY2014Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2014Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	545000	USD
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	513000	USD
CY2013Q4	us-gaap	Interest Paid InterestPaid	85000	USD
CY2014Q4	us-gaap	Interest Paid InterestPaid	85000	USD
CY2014Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3840000	USD
CY2014Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	4334000	USD
CY2014Q3	us-gaap	Inventory Net InventoryNet	6446000	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	7216000	USD
CY2014Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	2377000	USD
CY2014Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	2201000	USD
CY2014Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4600000	USD
CY2014Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4700000	USD
CY2014Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	229000	USD
CY2014Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	681000	USD
CY2013Q4	us-gaap	Inventory Write Down InventoryWriteDown	75000	USD
CY2014Q4	us-gaap	Inventory Write Down InventoryWriteDown	55000	USD
CY2014Q3	us-gaap	Liabilities Liabilities	25020000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	27126000	USD
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	46307000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	47789000	USD
CY2014Q3	us-gaap	Liabilities Current LiabilitiesCurrent	14511000	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	17008000	USD
CY2014Q3	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	69000	USD
CY2014Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	70000	USD
CY2013Q4	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	37000	USD
CY2014Q4	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	-5000	USD
CY2014Q3	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	1006000	USD
CY2014Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	1006000	USD
CY2013Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6000	USD
CY2014Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	USD
CY2013Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-775000	USD
CY2014Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-134000	USD
CY2013Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-4077000	USD
CY2014Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-4602000	USD
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	346000	USD
CY2014Q4	us-gaap	Net Income Loss NetIncomeLoss	-437000	USD
CY2013Q4	us-gaap	Noncash Or Part Noncash Acquisition Other Assets Acquired1 NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1	1214000	USD
CY2014Q4	us-gaap	Noncash Or Part Noncash Acquisition Other Assets Acquired1 NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1	0	USD
CY2013Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-26000	USD
CY2014Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-33000	USD
CY2013Q4	us-gaap	Operating Expenses OperatingExpenses	4655000	USD
CY2014Q4	us-gaap	Operating Expenses OperatingExpenses	4876000	USD
CY2013Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	340000	USD
CY2014Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-921000	USD
CY2014Q3	us-gaap	Other Assets Current OtherAssetsCurrent	2372000	USD
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	3538000	USD
CY2014Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	167000	USD
CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	239000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	150000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	112000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	150000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	112000	USD
CY2014Q3	us-gaap	Other Inventory Capitalized Costs OtherInventoryCapitalizedCosts	400000	USD
CY2013Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	USD
CY2014Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-12000	USD
CY2013Q4	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	500000	USD
CY2014Q4	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2013Q4	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	2000	USD
CY2014Q4	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	31000	USD
CY2013Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	273000	USD
CY2014Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	103000	USD
CY2014Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Current Liabilities PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities	658000	USD
CY2014Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Current Liabilities PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities	675000	USD
CY2014Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	10440000	USD
CY2014Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	10048000	USD
CY2013Q4	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6000	USD
CY2014Q4	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2014Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1472000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1410000	USD
CY2014Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	12532000	USD
CY2014Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	16391000	USD
CY2013Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	635000	USD
CY2014Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	853000	USD
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	17517000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	16678000	USD
CY2013Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	14749000	USD
CY2014Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	15653000	USD
CY2013Q4	us-gaap	Sales Revenue Net SalesRevenueNet	21332000	USD
CY2014Q4	us-gaap	Sales Revenue Net SalesRevenueNet	20430000	USD
CY2013Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	6583000	USD
CY2014Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	4777000	USD
CY2014Q4	us-gaap	Segment Reporting Disclosure Of Major Customers SegmentReportingDisclosureOfMajorCustomers	0.1
CY2013Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4020000	USD
CY2014Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4023000	USD
CY2013Q4	us-gaap	Share Based Compensation ShareBasedCompensation	69000	USD
CY2014Q4	us-gaap	Share Based Compensation ShareBasedCompensation	102000	USD
CY2014Q4	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	1000	USD
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	21287000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	20663000	USD
CY2013Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3474000	shares
CY2014Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3490000	shares
CY2013Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3431000	shares
CY2014Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3490000	shares
CY2014Q4	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements have been prepared by the Company, without audit, and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of the results of the interim periods presented. All adjustments were of a normal recurring nature. Certain information and footnote disclosures normally included in the annual consolidated financial statements, which are prepared in accordance with accounting principles generally accepted in the United States, have been condensed or omitted. Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accordingly, the Company believes that although the disclosures are adequate to make the information presented not misleading, the unaudited consolidated financial statements should be read in conjunction with the footnotes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

Files In Submission

Name	View Source	Status
0000356037-15-000014-index-headers.html	Edgar Link	pending
0000356037-15-000014-index.html	Edgar Link	pending
0000356037-15-000014.txt	Edgar Link	pending
0000356037-15-000014-xbrl.zip	Edgar Link	pending
cspi-10q20141231.htm	Edgar Link	pending
cspi-20141231.xml	Edgar Link	completed
cspi-20141231.xsd	Edgar Link	pending
cspi-20141231xex311.htm	Edgar Link	pending
cspi-20141231xex312.htm	Edgar Link	pending
cspi-20141231xex321.htm	Edgar Link	pending
cspi-20141231_cal.xml	Edgar Link	unprocessable
cspi-20141231_def.xml	Edgar Link	unprocessable
cspi-20141231_lab.xml	Edgar Link	unprocessable
cspi-20141231_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CSPI
CSP INC /MA/ Stock $cspi

2014 Q4 Form 10-Q Financial Statement

#000035603715000014 Filed on February 13, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CSPI CSP INC /MA/ Stock $cspi

2014 Q4 Form 10-Q Financial Statement

#000035603715000014 Filed on February 13, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CSPI
CSP INC /MA/ Stock $cspi