$CVV
CVD EQUIPMENT CORP Stock $cvv

$cvv Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-K Financial Statement

#000143774917005623 Filed on March 30, 2017

Income Statement

Concept	2016 Q4	2015 Q4	2015
Revenue	$7.320M	$8.190M	$38.97M
YoY Change	-10.62%	-5.1%	39.21%
Cost Of Revenue	$3.940M	$5.090M	$23.82M
YoY Change	-22.59%	14.9%	44.67%
Gross Profit	$3.390M	$3.100M	$15.15M
YoY Change	9.35%	-26.19%	31.41%
Gross Profit Margin	46.31%	37.85%	38.87%
Selling, General & Admin	$2.070M	$2.050M	$8.953M
YoY Change	0.98%	-41.09%	-5.62%
% of Gross Profit	61.06%	66.13%	59.11%
Research & Development	$130.0K	$60.00K	$605.3K
YoY Change	116.67%	-93.18%	-31.05%
% of Gross Profit	3.83%	1.94%	4.0%
Depreciation & Amortization	$190.0K	$190.0K	$830.0K
YoY Change	0.0%	-9.52%	3.75%
% of Gross Profit	5.6%	6.13%	5.48%
Operating Expenses	$2.200M	$2.110M	$10.55M
YoY Change	4.27%	-51.61%	-30.97%
Operating Profit	$1.190M	$990.0K	$4.592M
YoY Change	20.2%	-718.75%	-222.0%
Interest Expense	-$10.00K	-$10.00K	$92.10K
YoY Change	0.0%	-50.0%	-15.83%
% of Operating Profit	-0.84%	-1.01%	2.01%
Other Income/Expense, Net	$0.00	$0.00	-$66.80K
YoY Change		-100.0%	-222.45%
Pretax Income	$1.170M	$980.0K	$4.663M
YoY Change	19.39%	-119.6%	-225.71%
Income Tax	$400.0K	$590.0K	$1.320M
% Of Pretax Income	34.19%	60.2%	28.31%
Net Earnings	$770.0K	$390.0K	$3.205M
YoY Change	97.44%	-111.93%	-229.57%
Net Earnings / Revenue	10.52%	4.76%	8.23%
Basic Earnings Per Share			$0.52
Diluted Earnings Per Share	$121.5K	$62.00K	$0.51
COMMON SHARES
Basic Shares Outstanding			6.175M
Diluted Shares Outstanding			6.283M

Balance Sheet

Concept	2016 Q4	2015 Q4	2015
SHORT-TERM ASSETS
Cash & Short-Term Investments	$21.68M	$13.07M	$13.07M
YoY Change	65.88%	9.19%	9.19%
Cash & Equivalents	$21.68M	$13.07M	$13.07M
Short-Term Investments
Other Short-Term Assets	$235.5K	$167.1K	$770.0K
YoY Change	40.99%	-14.22%	-76.52%
Inventory	$3.287M	$2.986M	$2.990M
Prepaid Expenses
Receivables	$607.5K	$3.091M	$7.730M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$28.40M	$24.55M	$24.55M
YoY Change	15.69%	-15.5%	-15.49%
LONG-TERM ASSETS
Property, Plant & Equipment	$14.34M	$14.79M	$14.83M
YoY Change	-3.04%	-1.54%	-3.76%
Goodwill
YoY Change
Intangibles	$253.6K	$60.34K
YoY Change	320.36%	7.99%
Long-Term Investments
YoY Change
Other Assets	$68.45K	$86.22K	$1.670M
YoY Change	-20.61%	4.43%	62.14%
Total Long-Term Assets	$17.20M	$16.58M	$16.58M
YoY Change	3.74%	0.47%	0.42%
TOTAL ASSETS
Total Short-Term Assets	$28.40M	$24.55M	$24.55M
Total Long-Term Assets	$17.20M	$16.58M	$16.58M
Total Assets	$45.60M	$41.13M	$41.13M
YoY Change	10.87%	-9.71%	-9.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$743.1K	$308.0K	$310.0K
YoY Change	141.27%	-81.7%	-81.55%
Accrued Expenses	$1.943M	$3.446M	$3.450M
YoY Change	-43.62%	4.51%	4.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$300.0K	$580.0K	$580.0K
YoY Change	-48.28%	-19.44%	-19.44%
Total Short-Term Liabilities	$8.326M	$4.642M	$4.640M
YoY Change	79.38%	-62.69%	-62.7%
LONG-TERM LIABILITIES
Long-Term Debt	$2.966M	$3.266M	$3.270M
YoY Change	-9.19%	-15.08%	-15.06%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$2.966M	$3.266M	$3.270M
YoY Change	-9.19%	-15.08%	-15.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.326M	$4.642M	$4.640M
Total Long-Term Liabilities	$2.966M	$3.266M	$3.270M
Total Liabilities	$11.29M	$7.907M	$7.910M
YoY Change	42.8%	-51.45%	-51.44%
SHAREHOLDERS EQUITY
Retained Earnings	$10.12M	$10.27M
YoY Change	-1.45%	45.38%
Common Stock	$24.19M	$22.96M
YoY Change	5.39%	3.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$34.31M	$33.22M	$33.22M
YoY Change
Total Liabilities & Shareholders Equity	$45.60M	$41.13M	$41.13M
YoY Change	10.87%	-9.71%	-9.72%

Cashflow Statement

Concept	2016 Q4	2015 Q4	2015
OPERATING ACTIVITIES
Net Income	$770.0K	$390.0K	$3.205M
YoY Change	97.44%	-111.93%	-229.57%
Depreciation, Depletion And Amortization	$190.0K	$190.0K	$830.0K
YoY Change	0.0%	-9.52%	3.75%
Cash From Operating Activities	$5.680M	-$90.00K	$1.734M
YoY Change	-6411.11%	-109.28%	12.2%
INVESTING ACTIVITIES
Capital Expenditures	-$570.0K	-$40.00K	$248.3K
YoY Change	1325.0%	-81.82%	-59.81%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$200.0K
YoY Change		-100.0%	-51.22%
Cash From Investing Activities	-$570.0K	-$40.00K	-$47.35K
YoY Change	1325.0%	-81.82%	-77.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net			$580.0K
YoY Change			-19.44%
Cash From Financing Activities	-80.00K	-70.00K	-580.0K
YoY Change	14.29%	-61.11%	-6.12%
NET CHANGE
Cash From Operating Activities	5.680M	-90.00K	1.734M
Cash From Investing Activities	-570.0K	-40.00K	-47.35K
Cash From Financing Activities	-80.00K	-70.00K	-580.0K
Net Change In Cash	5.030M	-200.0K	1.106M
YoY Change	-2615.0%	-135.09%	53.83%
FREE CASH FLOW
Cash From Operating Activities	$5.680M	-$90.00K	$1.734M
Capital Expenditures	-$570.0K	-$40.00K	$248.3K
Free Cash Flow	$6.250M	-$50.00K	$1.486M
YoY Change	-12600.0%	-104.2%	60.17%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2016Q4	cvv	Billings To Date BillingsToDate	18077839
CY2015Q4	cvv	Billings To Date BillingsToDate	10695377
CY2016Q4	cvv	Costs And Estimated Earnings On Uncompleted Contracts CostsAndEstimatedEarningsOnUncompletedContracts	15412018
CY2015Q4	cvv	Costs And Estimated Earnings On Uncompleted Contracts CostsAndEstimatedEarningsOnUncompletedContracts	15330395
CY2016Q4	cvv	Costs Incurred On Uncompleted Contracts CostsIncurredOnUncompletedContracts	4678192
CY2015Q4	cvv	Costs Incurred On Uncompleted Contracts CostsIncurredOnUncompletedContracts	7695281
CY2016	cvv	Effective Income Tax Reconciliation Capital Loss Carryforward EffectiveIncomeTaxReconciliationCapitalLossCarryforward	-144522
CY2015	cvv	Effective Income Tax Reconciliation Capital Loss Carryforward EffectiveIncomeTaxReconciliationCapitalLossCarryforward	-437303
CY2016	cvv	Effective Income Tax Reconciliation Operating Loss Carryforward EffectiveIncomeTaxReconciliationOperatingLossCarryforward	150615
CY2015	cvv	Effective Income Tax Reconciliation Operating Loss Carryforward EffectiveIncomeTaxReconciliationOperatingLossCarryforward	-486430
CY2016Q4	cvv	Estimated Earnings EstimatedEarnings	10733826
CY2015Q4	cvv	Estimated Earnings EstimatedEarnings	7635114
CY2016	cvv	Export Sales To Unaffiliated Customers As Percentage Of Total Sales ExportSalesToUnaffiliatedCustomersAsPercentageOfTotalSales	0.119
CY2015	cvv	Export Sales To Unaffiliated Customers As Percentage Of Total Sales ExportSalesToUnaffiliatedCustomersAsPercentageOfTotalSales	0.09
CY2016	cvv	Increase Decrease In Accrued Loss On Litigation Settlement IncreaseDecreaseInAccruedLossOnLitigationSettlement	0
CY2015	cvv	Increase Decrease In Accrued Loss On Litigation Settlement IncreaseDecreaseInAccruedLossOnLitigationSettlement	-4925000
CY2016	cvv	Increase Decrease In Current Maturities Of Longterm Debt IncreaseDecreaseInCurrentMaturitiesOfLongtermDebt	-280000
CY2015	cvv	Increase Decrease In Current Maturities Of Longterm Debt IncreaseDecreaseInCurrentMaturitiesOfLongtermDebt	-140000
CY2016	cvv	Loss On Litigation Settlement LossOnLitigationSettlement	0
CY2015	cvv	Loss On Litigation Settlement LossOnLitigationSettlement	995000
CY2016Q4	cvv	Net Cost In Excess Of Billings NetCostInExcessOfBillings	-2665821
CY2015Q4	cvv	Net Cost In Excess Of Billings NetCostInExcessOfBillings	4635018
CY2016	cvv	Number Of Major Customers NumberOfMajorCustomers	1
CY2015	cvv	Number Of Major Customers NumberOfMajorCustomers	1
CY2016Q4	cvv	Number Of Wholly Owned Subsidiaries NumberOfWhollyOwnedSubsidiaries	2
CY2016Q4	cvv	Property Plant And Equipment Excluding Construction In Progress Net PropertyPlantAndEquipmentExcludingConstructionInProgressNet	14344924
CY2015Q4	cvv	Property Plant And Equipment Excluding Construction In Progress Net PropertyPlantAndEquipmentExcludingConstructionInProgressNet	14793923
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	743132
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	308004
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	607522
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3091251
CY2016Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1942818
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3445880
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5861476
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5517021
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	24131474
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	22895202
CY2016	us-gaap	Adjustment For Amortization AdjustmentForAmortization	31356
CY2015	us-gaap	Adjustment For Amortization AdjustmentForAmortization	24759
CY2015	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	750758
CY2016	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	775757
CY2016	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	9001922
CY2015	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-1471183
CY2016	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	776000
CY2015	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	751000
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	2000
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	19000
CY2016	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	31000
CY2015	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	24000
CY2015	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2016	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2016Q4	us-gaap	Assets Assets	45604692
CY2015Q4	us-gaap	Assets Assets	41131704
CY2016Q4	us-gaap	Assets Current AssetsCurrent	28831657
CY2015Q4	us-gaap	Assets Current AssetsCurrent	24551095
CY2016Q4	us-gaap	Billings In Excess Of Cost Current BillingsInExcessOfCostCurrent	5262339
CY2015Q4	us-gaap	Billings In Excess Of Cost Current BillingsInExcessOfCostCurrent	0
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	10000000
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6346590
CY2015Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	11540
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	2440334
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	2004839
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	428355
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	398009
CY2016	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	18000
CY2015	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	16000
CY2016Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	2000
CY2015Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	21000
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21677186
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13073331
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11966863
CY2016	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	8603855
CY2015	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1106468
CY2016Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	20157000
CY2015Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	11966000
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6198135
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6346590
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6198135
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	63466
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	61981
CY2016	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; text-decoration: underline;">Concentration of Credit Risk</div></div></div> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents, and accounts receivable. The Company places its cash equivalents with high credit-quality financial institutions and invests its excess cash primarily in money market instruments. The Company has established guidelines relative to credit ratings and maturities that seek to maintain stability and liquidity. The Company sells products and services to various companies across several industries in the ordinary course of business. The Company routinely assesses the financial strength of its customers and maintains allowances for anticipated losses based upon historical experience.</div></div></div></div></div></div></div></div>
CY2016Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	94058
CY2015Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	33306
CY2016	us-gaap	Cost Of Revenue CostOfRevenue	13850824
CY2015	us-gaap	Cost Of Revenue CostOfRevenue	23819864
CY2016Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	2596518
CY2015Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	4635018
CY2016	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-71070
CY2015	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit
CY2016	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-68566
CY2015	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	3070
CY2016	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	2504
CY2015	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	3070
CY2016	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-435495
CY2015	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	1317125
CY2016	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-435495
CY2015	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1633254
CY2016Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	77633
CY2015Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	307683
CY2016	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0
CY2015	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0
CY2016Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	26627
CY2015Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	26627
CY2016Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	2915334
CY2015Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	2479839
CY2016Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	19071
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	2011979
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	1606830
CY2016Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	2440334
CY2015Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	2004839
CY2016Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	7280
CY2015Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards
CY2016Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards General Business DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness	475000
CY2015Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards General Business DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness	475000
CY2016Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Research DeferredTaxAssetsTaxCreditCarryforwardsResearch	1278690
CY2015Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Research DeferredTaxAssetsTaxCreditCarryforwardsResearch	1134168
CY2016Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences	333396
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences	323860
CY2016Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation	1000073
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation	730909
CY2016Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	771
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	6345
CY2016Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements	0
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
CY2015Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	475000
CY2014Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	475000
CY2016Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	475000
CY2016Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	211014
CY2015Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	228610
CY2016	us-gaap	Defined Contribution Plan Administrative Expenses DefinedContributionPlanAdministrativeExpenses	14636
CY2015	us-gaap	Defined Contribution Plan Administrative Expenses DefinedContributionPlanAdministrativeExpenses	13080
CY2016	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	0
CY2015	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	0
CY2016	us-gaap	Depreciation And Amortization DepreciationAndAmortization	813657
CY2015	us-gaap	Depreciation And Amortization DepreciationAndAmortization	826529
CY2016	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2015	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.52
CY2016	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2015	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.51
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	233347
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	220206
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	175405
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	16977
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	15310
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	15311
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	15310
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	15311
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	486971
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	280451
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	253624
CY2016	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	628905
CY2015	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	0
CY2016	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6926487
CY2015	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7745092
CY2016	us-gaap	Gross Profit GrossProfit	7104523
CY2015	us-gaap	Gross Profit GrossProfit	15145523
CY2015	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	4663191
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-653186
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-504061
CY2015	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1320195
CY2016	us-gaap	Income Tax Reconciliation Disposition Of Assets IncomeTaxReconciliationDispositionOfAssets	-21412
CY2015	us-gaap	Income Tax Reconciliation Disposition Of Assets IncomeTaxReconciliationDispositionOfAssets	954581
CY2016	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-222083
CY2015	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	1538565
CY2016	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	-269163
CY2015	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	-252288
CY2016	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	2504
CY2015	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	3070
CY2016	us-gaap	Income Taxes Paid IncomeTaxesPaid	101352
CY2015	us-gaap	Income Taxes Paid IncomeTaxesPaid	427078
CY2016	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	435129
CY2015	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1374835
CY2016	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2500124
CY2015	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3402625
CY2016	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	203000
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	284730
CY2016	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1503062
CY2015	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	148856
CY2016	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	5262339
CY2015	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	-1328508
CY2016	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-230050
CY2015	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-181008
CY2016	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	290109
CY2015	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1855628
CY2016	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	68473
CY2015	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-27700
CY2016	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-200000
CY2015	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-200000
CY2016	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	-2038500
CY2015	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	2136356
CY2016	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0
CY2015	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	108053
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	253624
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	60335
CY2016	us-gaap	Interest Expense InterestExpense	79861
CY2015	us-gaap	Interest Expense InterestExpense	92101
CY2016	us-gaap	Interest Paid InterestPaid	79861
CY2015	us-gaap	Interest Paid InterestPaid	92101
CY2016Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	64227
CY2015Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	93404
CY2016Q4	us-gaap	Inventory Net InventoryNet	3286539
CY2015Q4	us-gaap	Inventory Net InventoryNet	2986430
CY2016Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	3062830
CY2015Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	2718328
CY2016Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	159482
CY2015Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	174698
CY2016	us-gaap	Investment Income Interest InvestmentIncomeInterest	28233
CY2015	us-gaap	Investment Income Interest InvestmentIncomeInterest	24540
CY2016Q4	us-gaap	Liabilities Liabilities	11291430
CY2015Q4	us-gaap	Liabilities Liabilities	7907075
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	45604692
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	41131704
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	8325922
CY2016Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2965508
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3265508
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	162000
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-580000
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-410943
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47345
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8852798
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1733813
CY2016	us-gaap	Net Income Loss NetIncomeLoss	-149124
CY2015	us-gaap	Net Income Loss NetIncomeLoss	3204996
CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	71378
CY2015	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-66802
CY2016	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2
CY2016	us-gaap	Operating Expenses OperatingExpenses	7829087
CY2015	us-gaap	Operating Expenses OperatingExpenses	10553530
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	200000
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10118322
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10267446
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	4641567
CY2016Q4	us-gaap	Long Term Debt LongTermDebt	3265508
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	3845508
CY2016Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	300000
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	580000
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	1765508
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	300000
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	300000
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	300000
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	300000
CY2016Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	300000
CY2016	us-gaap	Operating Income Loss OperatingIncomeLoss	-724564
CY2015	us-gaap	Operating Income Loss OperatingIncomeLoss	4591993
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	235537
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	167056
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	68450
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	86215
CY2016	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	123006
CY2015	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	759
CY2016	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	500000
CY2015	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	0
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	112493
CY2015	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	248305
CY2016	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	1550
CY2015	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	960
CY2016	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	462000
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	20206400
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	20310944
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14344924
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14793923
CY2016	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-16395
CY2015	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-30826
CY2016	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	300000
CY2015	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	580000
CY2016	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	433844
CY2015	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	605264
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	0
CY2016	us-gaap	Revenue Recognition Percentage Of Completion Method RevenueRecognitionPercentageOfCompletionMethod	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; text-decoration: underline;">Revenue Recognition</div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Product and service sales, including those based on time and materials type contracts, are recognized when persuasive evidence of an arrangement exists, product delivery has occurred or services have been rendered, pricing is fixed or determinable, and collection is reasonably </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div> </div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"></div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">assured. Service sales, principally representing repair, maintenance and engineering activities are recognized over the contractual period or as services are rendered.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Revenues from fixed price contracts are recognized on the percentage of completion method, measured on the basis of incurred costs to estimated total costs for each contract. This “cost to cost” method is used because management considers it to be the best available measure of progress on these contracts.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Contract costs include all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and depreciation costs. </div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, and estimated profitability, and final contract settlements <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may</div> result in revisions to costs and income and are recognized in the period in which the revisions are determined.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-style: italic;"> </div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The asset “Costs and estimated earnings in excess of billings on contracts in progress” represents gross revenues recognized in excess of amounts billed.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The liability “Billing in excess of costs and estimated earnings on contracts in progress” represents gross amounts billed in excess of revenues recognized.</div></div></div></div></div></div></div></div>
CY2016	us-gaap	Revenues Revenues	20955347
CY2015	us-gaap	Revenues Revenues	38965387
CY2016	us-gaap	Selling Expense SellingExpense	1097661
CY2015	us-gaap	Selling Expense SellingExpense	1208174
CY2016	us-gaap	Share Based Compensation ShareBasedCompensation	775757
CY2015	us-gaap	Share Based Compensation ShareBasedCompensation	750758
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	124730
CY2016	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	28000
CY2015	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	57000
CY2016	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	100000
CY2015	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0
CY2015	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised
CY2016	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	462000
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	34313262
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	33224629
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	29268875
CY2016Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2016Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0
CY2015Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0
CY2016	us-gaap	Use Of Estimates UseOfEstimates	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; text-decoration: underline;">Use of Estimates</div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"> </div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The Company’s significant estimates are the accounting for certain items such as revenues on long-term contracts recognized on the percentage-of-completion method, depreciation and amortization, valuation of inventories at the lower of cost or market; allowance for doubtful accounts receivable; valuation allowances for deferred tax assets, impairment considerations of long-lived assets and stock-based compensation and costs associated with product warranties.</div></div></div></div></div></div></div></div>
CY2016	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6285815
CY2015	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6283307
CY2016	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6285815
CY2015	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6175254

Files In Submission

Name	View Source	Status
0001437749-17-005623-index-headers.html	Edgar Link	pending
0001437749-17-005623-index.html	Edgar Link	pending
0001437749-17-005623.txt	Edgar Link	pending
0001437749-17-005623-xbrl.zip	Edgar Link	pending
cvv-20161231.xml	Edgar Link	completed
cvv-20161231.xsd	Edgar Link	pending
cvv-20161231_cal.xml	Edgar Link	unprocessable
cvv-20161231_def.xml	Edgar Link	unprocessable
cvv-20161231_lab.xml	Edgar Link	unprocessable
cvv-20161231_pre.xml	Edgar Link	unprocessable
cvv20161231_10k.htm	Edgar Link	pending
ex21-1.htm	Edgar Link	pending
ex23-1.htm	Edgar Link	pending
ex23-2.htm	Edgar Link	pending
ex23-3.htm	Edgar Link	pending
ex23-4.htm	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
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
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.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

$CVV
CVD EQUIPMENT CORP Stock $cvv

2016 Q4 Form 10-K Financial Statement

#000143774917005623 Filed on March 30, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CVV CVD EQUIPMENT CORP Stock $cvv

2016 Q4 Form 10-K Financial Statement

#000143774917005623 Filed on March 30, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CVV
CVD EQUIPMENT CORP Stock $cvv