$CSPI
CSP INC /MA/ Stock $cspi

$cspi Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-Q Financial Statement

#000035603717000023 Filed on February 23, 2017

Income Statement

Concept	2016 Q4	2015 Q4	2013 Q4
Revenue	$19.92M	$23.68M	$21.33M
YoY Change	-15.88%	15.89%	2.21%
Cost Of Revenue	$15.46M	$18.49M	$16.80M
YoY Change	-16.35%	12.21%	0.63%
Gross Profit	$4.452M	$5.190M	$4.533M
YoY Change	-14.22%	31.23%	8.52%
Gross Profit Margin	22.35%	21.92%	21.25%
Selling, General & Admin	$3.958M	$4.048M	$4.020M
YoY Change	-2.22%	0.62%	12.92%
% of Gross Profit	88.9%	78.0%	88.68%
Research & Development	$596.0K	$799.0K	$635.0K
YoY Change	-25.41%	-6.33%	43.02%
% of Gross Profit	13.39%	15.39%	14.01%
Depreciation & Amortization	$126.0K	$129.0K	$210.0K
YoY Change	-2.33%	-7.19%	105.88%
% of Gross Profit	2.83%	2.49%	4.63%
Operating Expenses	$4.554M	$4.847M	$4.655M
YoY Change	-6.04%	-0.59%	16.26%
Operating Profit	-$102.0K	$343.0K	$340.0K
YoY Change	-129.74%	-137.24%	96.53%
Interest Expense	$40.00K	$20.00K	-$50.00K
YoY Change	100.0%	-150.0%	-600.0%
% of Operating Profit		5.83%	-14.71%
Other Income/Expense, Net	$44.00K	$28.00K	-$26.00K
YoY Change	57.14%	-184.85%	-144.07%
Pretax Income	-$58.00K	$371.0K	$314.0K
YoY Change	-115.63%	-138.89%	35.34%
Income Tax	-$15.00K	$88.00K	-$32.00K
% Of Pretax Income		23.72%	-10.19%
Net Earnings	-$43.00K	$283.0K	$346.0K
YoY Change	-115.19%	-164.76%	200.87%
Net Earnings / Revenue	-0.22%	1.2%	1.62%
Basic Earnings Per Share	-$0.01	$0.08	$0.10
Diluted Earnings Per Share	-$0.01	$0.07	$0.10
COMMON SHARES
Basic Shares Outstanding	3.671M shares	3.569M shares	3.431M shares
Diluted Shares Outstanding	3.671M shares	3.726M shares	3.474M shares

Balance Sheet

Concept	2016 Q4	2015 Q4	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$15.04M	$10.53M	$13.94M
YoY Change	42.83%	-9.61%	-21.33%
Cash & Equivalents	$15.04M	$10.53M	$13.94M
Short-Term Investments
Other Short-Term Assets	$1.347M	$1.938M	$2.852M
YoY Change	-30.5%	-45.22%	-37.04%
Inventory	$6.539M	$6.182M	$6.599M
Prepaid Expenses
Receivables	$16.99M	$18.22M	$16.96M
Other Receivables	$150.0K	$0.00	$570.0K
Total Short-Term Assets	$43.50M	$38.21M	$42.27M
YoY Change	13.85%	-6.71%	-5.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.586M	$1.611M	$1.510M
YoY Change	-1.55%	14.26%	45.19%
Goodwill
YoY Change
Intangibles	$256.0K	$384.0K	$642.0K
YoY Change	-33.33%	-25.15%
Long-Term Investments
YoY Change
Other Assets	$177.0K	$179.0K	$156.0K
YoY Change	-1.12%	-25.1%	-96.76%
Total Long-Term Assets	$5.614M	$5.295M	$5.097M
YoY Change	6.02%	-2.32%	-19.27%
TOTAL ASSETS
Total Short-Term Assets	$43.50M	$38.21M	$42.27M
Total Long-Term Assets	$5.614M	$5.295M	$5.097M
Total Assets	$50.70M	$45.12M	$48.88M
YoY Change	12.38%	-5.59%	-3.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.93M	$13.35M	$11.94M
YoY Change	11.84%	2.06%	-13.67%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.82M	$15.83M	$16.40M
YoY Change	25.23%	-6.93%	-10.6%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$13.02M	$9.750M	$9.130M
YoY Change	33.54%	-3.66%	-8.06%
Total Long-Term Liabilities	$13.02M	$9.750M	$9.130M
YoY Change	33.54%	-3.66%	-8.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.82M	$15.83M	$16.40M
Total Long-Term Liabilities	$13.02M	$9.750M	$9.130M
Total Liabilities	$32.84M	$25.58M	$25.63M
YoY Change	28.42%	-5.72%	-9.31%
SHAREHOLDERS EQUITY
Retained Earnings	$16.58M	$15.56M	$17.72M
YoY Change	6.57%	-6.72%
Common Stock	$13.07M	$12.37M	$11.25M
YoY Change	5.69%	4.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$17.86M	$19.54M	$23.25M
YoY Change
Total Liabilities & Shareholders Equity	$50.70M	$45.12M	$48.88M
YoY Change	12.38%	-5.59%	-3.8%

Cashflow Statement

Concept	2016 Q4	2015 Q4	2013 Q4
OPERATING ACTIVITIES
Net Income	-$43.00K	$283.0K	$346.0K
YoY Change	-115.19%	-164.76%	200.87%
Depreciation, Depletion And Amortization	$126.0K	$129.0K	$210.0K
YoY Change	-2.33%	-7.19%	105.88%
Cash From Operating Activities	$2.292M	-$413.0K	-$4.077M
YoY Change	-654.96%	-91.03%	92.95%
INVESTING ACTIVITIES
Capital Expenditures	$72.00K	$189.0K	$273.0K
YoY Change	-61.9%	83.5%	102.22%
Acquisitions			$500.0K
YoY Change
Other Investing Activities		$0.00	-$500.0K
YoY Change		-100.0%	-2600.0%
Cash From Investing Activities	-$72.00K	-$189.0K	-$775.0K
YoY Change	-61.9%	41.04%	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	$0.00	$6.000K
YoY Change			-100.87%
NET CHANGE
Cash From Operating Activities	$2.292M	-$413.0K	-$4.077M
Cash From Investing Activities	-$72.00K	-$189.0K	-$775.0K
Cash From Financing Activities	$0.00	$0.00	$6.000K
Net Change In Cash	$2.220M	-$602.0K	-$4.846M
YoY Change	-468.77%	-87.29%	65.85%
FREE CASH FLOW
Cash From Operating Activities	$2.292M	-$413.0K	-$4.077M
Capital Expenditures	$72.00K	$189.0K	$273.0K
Free Cash Flow	$2.220M	-$602.0K	-$4.350M
YoY Change	-468.77%	-87.21%	93.51%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	cspi	Change In Liability For Uncertain Tax Positions ChangeInLiabilityForUncertainTaxPositions	2000	USD
CY2016Q4	cspi	Change In Liability For Uncertain Tax Positions ChangeInLiabilityForUncertainTaxPositions	2000	USD
CY2015Q4	cspi	Dividends Accrued DividendsAccrued	414000	USD
CY2016Q4	cspi	Dividends Accrued DividendsAccrued	0	USD
CY2015Q4	cspi	Net Income Attributable To Common Shareholders NetIncomeAttributableToCommonShareholders	274000	USD
CY2016Q4	cspi	Net Income Attributable To Common Shareholders NetIncomeAttributableToCommonShareholders	-43000	USD
CY2015Q4	cspi	Net Income Loss Attributable To Nonvested Common Stock NetIncomeLossAttributableToNonvestedCommonStock	9000	USD
CY2016Q4	cspi	Net Income Loss Attributable To Nonvested Common Stock NetIncomeLossAttributableToNonvestedCommonStock	0	USD
CY2015	cspi	Number Of Years Defined Benefit Plans Are Closed To Newly Hired Employees NumberOfYearsDefinedBenefitPlansAreClosedToNewlyHiredEmployees	P2Y
CY2016	cspi	Number Of Years Defined Benefit Plans Are Closed To Newly Hired Employees NumberOfYearsDefinedBenefitPlansAreClosedToNewlyHiredEmployees	P2Y
CY2016Q4	cspi	Number Of Years Defined Benefit Plans Are Closed To Newly Hired Employees NumberOfYearsDefinedBenefitPlansAreClosedToNewlyHiredEmployees	P2Y
CY2016	cspi	Percentofaccountsreceivable Percentofaccountsreceivable	0.10
CY2016Q4	cspi	Percentofaccountsreceivable Percentofaccountsreceivable	0.10
CY2015Q4	cspi	Weighted Average Total Shares Outstanding Basic WeightedAverageTotalSharesOutstandingBasic	3684000	shares
CY2016Q4	cspi	Weighted Average Total Shares Outstanding Basic WeightedAverageTotalSharesOutstandingBasic	3671000	shares
CY2016Q4	dei	Amendment Flag AmendmentFlag	false
CY2016Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2016Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2016Q4	dei	Document Period End Date DocumentPeriodEndDate	2016-12-31
CY2016Q4	dei	Document Type DocumentType	10-Q
CY2016Q4	dei	Entity Central Index Key EntityCentralIndexKey	0000356037
CY2017Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3906083	shares
CY2016Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q4	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2016Q4	dei	Entity Registrant Name EntityRegistrantName	CSP INC /MA/
CY2016Q4	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2016Q4	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2016Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	11932000	USD
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	14927000	USD
CY2016Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	166000	USD
CY2016Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	0	USD
CY2016Q3	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	9124000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	9124000	USD
CY2016Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-2807000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-2669000	USD
CY2016Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-11931000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-11793000	USD
CY2016Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	12924000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	13032000	USD
CY2016Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	108000	USD
CY2016Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	240000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	239000	USD
CY2015Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	32000	USD
CY2016Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	31000	USD
CY2015Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	149000	shares
CY2015Q4	us-gaap	Assets Assets	45117000	USD
CY2016Q3	us-gaap	Assets Assets	48707000	USD
CY2016Q4	us-gaap	Assets Assets	50702000	USD
CY2016Q3	us-gaap	Assets Current AssetsCurrent	41799000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	43502000	USD
CY2016Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	5228000	USD
CY2016Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	5614000	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11181000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10531000	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13103000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15039000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-650000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1936000	USD
CY2016Q3	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	3015000	USD
CY2016Q4	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	3127000	USD
CY2016Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.11
CY2016Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2016Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7500000	shares
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7500000	shares
CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3821000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3821000	shares
CY2016Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3821000	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3821000	shares
CY2016Q3	us-gaap	Common Stock Value CommonStockValue	39000	USD
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	39000	USD
CY2015Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	285000	USD
CY2016Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	95000	USD
CY2015Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	18486000	USD
CY2016Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	15464000	USD
CY2015Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	14236000	USD
CY2016Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	12225000	USD
CY2015Q4	us-gaap	Cost Of Services CostOfServices	4250000	USD
CY2016Q4	us-gaap	Cost Of Services CostOfServices	3239000	USD
CY2016Q3	us-gaap	Deferred Costs DeferredCosts	18000	USD
CY2016Q4	us-gaap	Deferred Costs DeferredCosts	399000	USD
CY2016Q3	us-gaap	Deferred Costs Current DeferredCostsCurrent	635000	USD
CY2016Q4	us-gaap	Deferred Costs Current DeferredCostsCurrent	2107000	USD
CY2016Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4704000	USD
CY2016Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4374000	USD
CY2016Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1331000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1331000	USD
CY2016Q3	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1723000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1655000	USD
CY2016Q3	us-gaap	Defined Benefit Plan Fair Value Of Plan Assets DefinedBenefitPlanFairValueOfPlanAssets	7629000	USD
CY2016Q4	us-gaap	Defined Benefit Plan Fair Value Of Plan Assets DefinedBenefitPlanFairValueOfPlanAssets	7163000	USD
CY2015Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	161000	USD
CY2016Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	157000	USD
CY2015Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	129000	USD
CY2016Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	126000	USD
CY2015Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2016Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2015Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2016Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2015Q4	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-48000	USD
CY2016Q4	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-284000	USD
CY2015Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	39000	USD
CY2016Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	54000	USD
CY2015Q4	us-gaap	Gross Profit GrossProfit	5190000	USD
CY2016Q4	us-gaap	Gross Profit GrossProfit	4452000	USD
CY2015Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	371000	USD
CY2016Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-58000	USD
CY2015Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	88000	USD
CY2016Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-15000	USD
CY2015Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	23000	USD
CY2016Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	165000	USD
CY2016Q3	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	0	USD
CY2016Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	145000	USD
CY2015Q4	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-1424000	USD
CY2016Q4	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-2039000	USD
CY2015Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-675000	USD
CY2016Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3244000	USD
CY2015Q4	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	19000	USD
CY2016Q4	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-159000	USD
CY2015Q4	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	116000	USD
CY2016Q4	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	1938000	USD
CY2015Q4	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-23000	USD
CY2016Q4	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	4000	USD
CY2015Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-1078000	USD
CY2016Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-86000	USD
CY2015Q4	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-41000	USD
CY2016Q4	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	148000	USD
CY2015Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	284000	USD
CY2016Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1079000	USD
CY2015Q4	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	264000	USD
CY2016Q4	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	190000	USD
CY2015Q4	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-53000	USD
CY2016Q4	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-27000	USD
CY2015Q4	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	29000	USD
CY2016Q4	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-41000	USD
CY2015Q4	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	115000	shares
CY2016Q4	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	0	shares
CY2015Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	157000	shares
CY2016Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2016Q3	us-gaap	Insurance Settlements Receivable Current InsuranceSettlementsReceivableCurrent	567000	USD
CY2016Q4	us-gaap	Insurance Settlements Receivable Current InsuranceSettlementsReceivableCurrent	685000	USD
CY2016Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	287000	USD
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	256000	USD
CY2015Q4	us-gaap	Interest Paid InterestPaid	0	USD
CY2016Q4	us-gaap	Interest Paid InterestPaid	75000	USD
CY2016Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3108000	USD
CY2016Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	4039000	USD
CY2016Q3	us-gaap	Inventory Net InventoryNet	5580000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	6539000	USD
CY2016Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	1658000	USD
CY2016Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	1472000	USD
CY2016Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	3000000	USD
CY2016Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	3000000	USD
CY2016Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	814000	USD
CY2016Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	1028000	USD
CY2015Q4	us-gaap	Inventory Write Down InventoryWriteDown	116000	USD
CY2016Q4	us-gaap	Inventory Write Down InventoryWriteDown	62000	USD
CY2016Q3	us-gaap	Liabilities Liabilities	31052000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	32844000	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	48707000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	50702000	USD
CY2016Q3	us-gaap	Liabilities Current LiabilitiesCurrent	17383000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	19823000	USD
CY2016Q3	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	228000	USD
CY2016Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	219000	USD
CY2015Q4	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	24000	USD
CY2016Q4	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	46000	USD
CY2015Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	USD
CY2016Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	USD
CY2015Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-189000	USD
CY2016Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-72000	USD
CY2015Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-413000	USD
CY2016Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2292000	USD
CY2015Q4	us-gaap	Net Income Loss NetIncomeLoss	283000	USD
CY2016Q4	us-gaap	Net Income Loss NetIncomeLoss	-43000	USD
CY2015Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	28000	USD
CY2016Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	44000	USD
CY2015Q4	us-gaap	Operating Expenses OperatingExpenses	4847000	USD
CY2016Q4	us-gaap	Operating Expenses OperatingExpenses	4554000	USD
CY2015Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	343000	USD
CY2016Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-102000	USD
CY2016Q3	us-gaap	Other Assets Current OtherAssetsCurrent	1586000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1347000	USD
CY2016Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	185000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	177000	USD
CY2015Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	2000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	138000	USD
CY2015Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	138000	USD
CY2016Q3	us-gaap	Other Inventory Capitalized Costs OtherInventoryCapitalizedCosts	100000	USD
CY2016Q4	us-gaap	Other Inventory Capitalized Costs OtherInventoryCapitalizedCosts	200000	USD
CY2015Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-11000	USD
CY2016Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10000	USD
CY2015Q4	us-gaap	Payments For Proceeds From Life Insurance Policies PaymentsForProceedsFromLifeInsurancePolicies	0	USD
CY2016Q4	us-gaap	Payments For Proceeds From Life Insurance Policies PaymentsForProceedsFromLifeInsurancePolicies	-413000	USD
CY2015Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	189000	USD
CY2016Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	72000	USD
CY2016Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Current Liabilities PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities	581000	USD
CY2016Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Current Liabilities PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities	522000	USD
CY2016Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	13441000	USD
CY2016Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	12802000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	189000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	72000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1680000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1586000	USD
CY2016Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	18997000	USD
CY2016Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	16309000	USD
CY2015Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	799000	USD
CY2016Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	596000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	16623000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	16580000	USD
CY2015Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	17003000	USD
CY2016Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	14638000	USD
CY2015Q4	us-gaap	Sales Revenue Net SalesRevenueNet	23676000	USD
CY2016Q4	us-gaap	Sales Revenue Net SalesRevenueNet	19916000	USD
CY2015Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	6673000	USD
CY2016Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	5278000	USD
CY2015Q4	us-gaap	Segment Reporting Disclosure Of Major Customers SegmentReportingDisclosureOfMajorCustomers	.1
CY2016Q4	us-gaap	Segment Reporting Disclosure Of Major Customers SegmentReportingDisclosureOfMajorCustomers	0.1
CY2015Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4048000	USD
CY2016Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3958000	USD
CY2015Q4	us-gaap	Share Based Compensation ShareBasedCompensation	80000	USD
CY2016Q4	us-gaap	Share Based Compensation ShareBasedCompensation	108000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	17655000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	17858000	USD
CY2015Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	35000	shares
CY2016Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2015Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3726000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3671000	shares
CY2015Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3569000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3671000	shares
CY2016Q4	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:48px;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 omitted. </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:48px;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, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;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;font-style:italic;">Reclassifications</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:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to prior year financial statements to conform to current period financial statement presentation with no effect on previously reported financial positions, results of operations or cash flows. The reclassification was to break out deferred costs separately from inventory on the balance sheet.</font></div></div>

Files In Submission

Name	View Source	Status
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0000356037-17-000023-index.html	Edgar Link	pending
0000356037-17-000023.txt	Edgar Link	pending
0000356037-17-000023-xbrl.zip	Edgar Link	pending
cspi-10q20161231.htm	Edgar Link	pending
cspi-20161231.xml	Edgar Link	completed
cspi-20161231.xsd	Edgar Link	pending
cspi-20161231xex311.htm	Edgar Link	pending
cspi-20161231xex312.htm	Edgar Link	pending
cspi-20161231xex321.htm	Edgar Link	pending
cspi-20161231_cal.xml	Edgar Link	unprocessable
cspi-20161231_def.xml	Edgar Link	unprocessable
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cspi-20161231_pre.xml	Edgar Link	unprocessable
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Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CSPI
CSP INC /MA/ Stock $cspi

2016 Q4 Form 10-Q Financial Statement

#000035603717000023 Filed on February 23, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CSPI CSP INC /MA/ Stock $cspi

2016 Q4 Form 10-Q Financial Statement

#000035603717000023 Filed on February 23, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CSPI
CSP INC /MA/ Stock $cspi