$ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC Stock $issc

$issc Overview Financials Valuation SEC Filings Company Website

2010 Q3 Form 10-K Financial Statement

#000104746911010093 Filed on December 14, 2011

Income Statement

Concept	2010 Q3	2009	2008 Q3
Revenue	$7.460M	$36.73M	$10.22M
YoY Change	-6.05%	20.32%	99.61%
Cost Of Revenue	$2.730M	$17.90M	$8.220M
YoY Change	-28.16%	-12.91%	50.55%
Gross Profit	$4.730M	$18.84M	$2.000M
YoY Change	14.53%	88.76%	-671.43%
Gross Profit Margin	63.4%	51.28%	19.57%
Selling, General & Admin	$2.130M	$8.648M	$8.350M
YoY Change	-2.29%	-61.24%	76.91%
% of Gross Profit	45.03%	45.9%	417.5%
Research & Development	$1.390M	$5.313M	$2.880M
YoY Change	23.01%	-48.42%	126.77%
% of Gross Profit	29.39%	28.2%	144.0%
Depreciation & Amortization	$200.0K	$1.085M	$290.0K
YoY Change	-37.5%	3.36%	-12.12%
% of Gross Profit	4.23%	5.76%	14.5%
Operating Expenses	$3.520M	$13.96M	$11.23M
YoY Change	6.34%	-57.19%	87.48%
Operating Profit	$1.210M	$4.878M	-$9.230M
YoY Change	47.56%	-121.55%	45.58%
Interest Expense	$70.00K	$82.28K	$220.0K
YoY Change	133.33%	-94.21%	-66.15%
% of Operating Profit	5.79%	1.69%
Other Income/Expense, Net		$50.10K	$17.00M
YoY Change		-99.71%
Pretax Income	$1.280M	$5.244M	$7.990M
YoY Change	50.59%	-182.06%	-240.67%
Income Tax	$30.00K	$234.9K	$420.0K
% Of Pretax Income	2.34%	4.48%	5.26%
Net Earnings	$1.250M	$5.010M	$7.570M
YoY Change	111.86%	-163.42%	-287.38%
Net Earnings / Revenue	16.76%	13.64%	74.07%
Basic Earnings Per Share		$0.30
Diluted Earnings Per Share	$74.45K	$0.30	$448.2K
COMMON SHARES
Basic Shares Outstanding		16.75M shares
Diluted Shares Outstanding		16.76M shares

Balance Sheet

Concept	2010 Q3	2009	2008 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$40.90M	$35.60M	$35.00M
YoY Change	14.89%	1.71%	-28.86%
Cash & Equivalents	$40.92M	$35.60M	$35.03M
Short-Term Investments
Other Short-Term Assets	$1.100M	$1.200M	$1.000M
YoY Change	-8.33%	-33.33%	-85.92%
Inventory	$4.656M	$5.300M	$9.400M
Prepaid Expenses
Receivables	$2.530M	$6.700M	$5.000M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$49.61M	$48.80M	$50.40M
YoY Change	1.66%	-3.17%	-29.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.762M	$8.300M	$9.000M
YoY Change	-6.49%	-7.78%	-4.26%
Goodwill
YoY Change
Intangibles	$221.2K
YoY Change
Long-Term Investments
YoY Change
Other Assets		$100.0K	$200.0K
YoY Change		-50.0%	-93.94%
Total Long-Term Assets	$7.983M	$8.700M	$9.500M
YoY Change	-8.24%	-8.42%	-25.2%
TOTAL ASSETS
Total Short-Term Assets	$49.61M	$48.80M	$50.40M
Total Long-Term Assets	$7.983M	$8.700M	$9.500M
Total Assets	$57.59M	$57.50M	$59.90M
YoY Change	0.16%	-4.01%	-29.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$543.9K	$1.200M	$2.300M
YoY Change	-54.68%	-47.83%	-43.9%
Accrued Expenses	$2.585M	$2.700M	$4.300M
YoY Change	-4.26%	-37.21%	-8.51%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00	$0.00	$0.00
YoY Change
Total Short-Term Liabilities	$3.297M	$4.200M	$7.900M
YoY Change	-21.51%	-46.84%	-15.96%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$4.400M
YoY Change		-100.0%	0.0%
Other Long-Term Liabilities	$151.5K	$300.0K	$400.0K
YoY Change	-49.49%	-25.0%	300.0%
Total Long-Term Liabilities	$151.5K	$300.0K	$4.800M
YoY Change	-49.49%	-93.75%	6.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.297M	$4.200M	$7.900M
Total Long-Term Liabilities	$151.5K	$300.0K	$4.800M
Total Liabilities	$4.122M	$5.100M	$13.10M
YoY Change	-19.17%	-61.07%	-5.76%
SHAREHOLDERS EQUITY
Retained Earnings	$25.91M
YoY Change
Common Stock	$46.85M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$19.29M
YoY Change
Treasury Stock Shares	1.483M shares
Shareholders Equity	$53.47M	$52.40M	$46.80M
YoY Change
Total Liabilities & Shareholders Equity	$57.59M	$57.50M	$59.90M
YoY Change	0.16%	-4.01%	-29.2%

Cashflow Statement

Concept	2010 Q3	2009	2008 Q3
OPERATING ACTIVITIES
Net Income	$1.250M	$5.010M	$7.570M
YoY Change	111.86%	-163.42%	-287.38%
Depreciation, Depletion And Amortization	$200.0K	$1.085M	$290.0K
YoY Change	-37.5%	3.36%	-12.12%
Cash From Operating Activities	$2.950M	$5.320M	$11.71M
YoY Change	333.82%	26.67%	-270.7%
INVESTING ACTIVITIES
Capital Expenditures	-$30.00K	$332.5K	-$30.00K
YoY Change	-66.67%	-158.34%	-95.59%
Acquisitions
YoY Change
Other Investing Activities		$0.00	$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$30.00K	-$330.0K	-$40.00K
YoY Change	-66.67%	-42.11%	-95.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$108.3K
YoY Change		-110.72%
Debt Paid & Issued, Net		$4.335M
YoY Change
Cash From Financing Activities	-30.00K	-4.450M	-17.71M
YoY Change	-99.31%	-74.92%
NET CHANGE
Cash From Operating Activities	2.950M	5.320M	11.71M
Cash From Investing Activities	-30.00K	-330.0K	-40.00K
Cash From Financing Activities	-30.00K	-4.450M	-17.71M
Net Change In Cash	2.890M	540.0K	-6.040M
YoY Change	-177.27%	-103.83%	-21.35%
FREE CASH FLOW
Cash From Operating Activities	$2.950M	$5.320M	$11.71M
Capital Expenditures	-$30.00K	$332.5K	-$30.00K
Free Cash Flow	$2.980M	$4.987M	$11.74M
YoY Change	287.01%	4.56%	-289.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2010Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	58257604	USD
CY2011Q3	us-gaap	Stockholders Equity StockholdersEquity	54260787	USD
CY2011Q3	us-gaap	Treasury Stock Value TreasuryStockValue	19590432	USD
CY2011Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	26626242	USD
CY2011Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	47206690	USD
CY2011Q3	us-gaap	Common Stock Value CommonStockValue	18287	USD
CY2011Q3	us-gaap	Liabilities Liabilities	3996817	USD
CY2011Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	189130	USD
CY2011Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	566963	USD
CY2011Q3	us-gaap	Liabilities Current LiabilitiesCurrent	3240724	USD
CY2011Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	232630	USD
CY2011Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2551389	USD
CY2011Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	443516	USD
CY2010Q3	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2011Q3	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	13189	USD
CY2011Q3	us-gaap	Assets Assets	58257604	USD
CY2011	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
CY2011Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	208408	USD
CY2011Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7476362	USD
CY2011Q3	us-gaap	Assets Current AssetsCurrent	50572834	USD
CY2011Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	875636	USD
CY2011Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	438635	USD
CY2011Q3	us-gaap	Inventory Net InventoryNet	3508595	USD
CY2011Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3124114	USD
CY2011Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	42625854	USD
CY2011Q3	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2010Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	57590522	USD
CY2010Q3	us-gaap	Stockholders Equity StockholdersEquity	53468037	USD
CY2010Q3	us-gaap	Treasury Stock Value TreasuryStockValue	19291506	USD
CY2010Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	25909652	USD
CY2010Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	46831646	USD
CY2010Q3	us-gaap	Common Stock Value CommonStockValue	18245	USD
CY2010Q3	us-gaap	Liabilities Liabilities	4122485	USD
CY2010Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	151530	USD
CY2010Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	649929	USD
CY2010Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	8688	USD
CY2010Q3	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	15560	USD
CY2010Q3	us-gaap	Liabilities Current LiabilitiesCurrent	3296778	USD
CY2010Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	157933	USD
CY2010Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2585060	USD
CY2010Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	543877	USD
CY2010Q3	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	9908	USD
CY2010Q3	us-gaap	Assets Assets	57590522	USD
CY2010Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	221150	USD
CY2010Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7761538	USD
CY2010Q3	us-gaap	Assets Current AssetsCurrent	49607834	USD
CY2010Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	982768	USD
CY2010Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	522352	USD
CY2010Q3	us-gaap	Inventory Net InventoryNet	4656392	USD
CY2010Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2529976	USD
CY2010Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	40916346	USD
CY2011Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	1544910	shares
CY2011Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	18286884	shares
CY2011Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000	shares
CY2011Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2010	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	11520029	USD
CY2010	us-gaap	Technology Services Costs TechnologyServicesCosts	787938	USD
CY2010	us-gaap	Cost Of Goods Sold CostOfGoodsSold	10732091	USD
CY2010	us-gaap	Sales Revenue Net SalesRevenueNet	25257323	USD
CY2010	us-gaap	Technology Services Revenue TechnologyServicesRevenue	1873819	USD
CY2010	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	23383504	USD
CY2009	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16760500	shares
CY2009	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16745379	shares
CY2009	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.30
CY2009	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
CY2009	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5008661	USD
CY2009	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	234856	USD
CY2009	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	5243517	USD
CY2009	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	50099	USD
CY2009	us-gaap	Interest Expense InterestExpense	82276	USD
CY2009	us-gaap	Investment Income Interest InvestmentIncomeInterest	398041	USD
CY2009	us-gaap	Operating Income Loss OperatingIncomeLoss	4877653	USD
CY2009	us-gaap	Operating Expenses OperatingExpenses	13960513	USD
CY2009	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8647506	USD
CY2009	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5313007	USD
CY2011	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
CY2011	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	716590	USD
CY2011	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	183760	USD
CY2011	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	900350	USD
CY2011	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	150010	USD
CY2011	us-gaap	Interest Expense InterestExpense	1509	USD
CY2011	us-gaap	Investment Income Interest InvestmentIncomeInterest	143942	USD
CY2011	us-gaap	Operating Income Loss OperatingIncomeLoss	607907	USD
CY2011	us-gaap	Operating Expenses OperatingExpenses	13184561	USD
CY2011	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	7683637	USD
CY2011	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5500924	USD
CY2011	us-gaap	Gross Profit GrossProfit	13792468	USD
CY2011	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	11945184	USD
CY2011	us-gaap	Technology Services Costs TechnologyServicesCosts	154299	USD
CY2011	us-gaap	Cost Of Goods Sold CostOfGoodsSold	11790885	USD
CY2011	us-gaap	Sales Revenue Net SalesRevenueNet	25737652	USD
CY2011	us-gaap	Technology Services Revenue TechnologyServicesRevenue	562806	USD
CY2011	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	25174846	USD
CY2011	us-gaap	Income Taxes Paid IncomeTaxesPaid	11500	USD
CY2011	us-gaap	Interest Paid InterestPaid	1509	USD
CY2011	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	1709508	USD
CY2011	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-311204	USD
CY2009	us-gaap	Gross Profit GrossProfit	18838166	USD
CY2009	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	17895984	USD
CY2009	us-gaap	Technology Services Costs TechnologyServicesCosts	1294245	USD
CY2009	us-gaap	Cost Of Goods Sold CostOfGoodsSold	16601739	USD
CY2009	us-gaap	Sales Revenue Net SalesRevenueNet	36734150	USD
CY2009	us-gaap	Technology Services Revenue TechnologyServicesRevenue	4879090	USD
CY2009	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	31855060	USD
CY2011	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	-43253	USD
CY2011	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16824621	shares
CY2011	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16782223	shares
CY2011	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2011	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	12278	USD
CY2011	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	298926	USD
CY2011Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2011Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2011Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2011Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2010Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	1482510	shares
CY2010Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	18244701	shares
CY2010Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000	shares
CY2010Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2010Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2010Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2010Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2010Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2010	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16777886	shares
CY2010	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16751528	shares
CY2010	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2010	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
CY2010	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	748376	USD
CY2010	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-109094	USD
CY2010	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	639282	USD
CY2010	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	50000	USD
CY2010	us-gaap	Interest Expense InterestExpense	2356	USD
CY2010	us-gaap	Investment Income Interest InvestmentIncomeInterest	188171	USD
CY2010	us-gaap	Operating Income Loss OperatingIncomeLoss	403467	USD
CY2010	us-gaap	Operating Expenses OperatingExpenses	13333827	USD
CY2010	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8099587	USD
CY2011	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-255454	USD
CY2011	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	255454	USD
CY2010	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	11431	USD
CY2010	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	48630	USD
CY2011	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	2276166	USD
CY2011	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	66009	USD
CY2011	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	219324	USD
CY2011	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-188354	USD
CY2011	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-100362	USD
CY2011	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-78066	USD
CY2011	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-676301	USD
CY2011	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	611363	USD
CY2011	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	751	USD
CY2011	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-2413	USD
CY2011	issc	Nonemployee Service Share Based Compensation Tax Benefit NonemployeeServiceShareBasedCompensationTaxBenefit	6813	USD
CY2011	issc	Nonvested Stock Awards Share Based Compensation Expense NonvestedStockAwardsShareBasedCompensationExpense	199712	USD
CY2011	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	170586	USD
CY2011	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	672196	USD
CY2010	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	-1000	USD
CY2010	us-gaap	Income Taxes Paid IncomeTaxesPaid	121473	USD
CY2010	us-gaap	Interest Paid InterestPaid	2357	USD
CY2010	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	5350652	USD
CY2010	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-60025	USD
CY2010	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	36	USD
CY2010	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-189790	USD
CY2010	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	189790	USD
CY2010	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	5600467	USD
CY2010	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-59027	USD
CY2010	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-116058	USD
CY2010	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-200500	USD
CY2010	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-664113	USD
CY2010	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-273711	USD
CY2010	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-650593	USD
CY2010	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3658730	USD
CY2010	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-11081	USD
CY2010	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-4917	USD
CY2010	issc	Nonemployee Service Share Based Compensation Tax Benefit NonemployeeServiceShareBasedCompensationTaxBenefit	-1926	USD
CY2010	issc	Nonvested Stock Awards Share Based Compensation Expense NonvestedStockAwardsShareBasedCompensationExpense	199946	USD
CY2010	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	171491	USD
CY2010	us-gaap	Gain Loss On Contract Termination GainLossOnContractTermination	-118660	USD
CY2010	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	826748	USD
CY2009	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	-25115	USD
CY2011	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	298926	USD
CY2008Q3	us-gaap	Stockholders Equity StockholdersEquity	46804126	USD
CY2009	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	494084	USD
CY2009	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	108250	USD
CY2009Q3	us-gaap	Stockholders Equity StockholdersEquity	52398742	USD
CY2010	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	169565	USD
CY2010	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	48630	USD
CY2010	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5234240	USD
CY2010	us-gaap	Gross Profit GrossProfit	13737294	USD
CY2009	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2156111	USD
CY2009	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-89357	USD
CY2009	us-gaap	Inventory Write Down InventoryWriteDown	506656	USD
CY2009	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-56678	USD
CY2009	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	185848	USD
CY2009	issc	Nonemployee Service Share Based Compensation Tax Benefit NonemployeeServiceShareBasedCompensationTaxBenefit	3095	USD
CY2009	issc	Nonvested Stock Awards Share Based Compensation Expense NonvestedStockAwardsShareBasedCompensationExpense	200121	USD
CY2009	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	490989	USD
CY2009	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1085316	USD
CY2011	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2011	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2011	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2011	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2011	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2011	dei	Amendment Flag AmendmentFlag	false
CY2011	dei	Document Period End Date DocumentPeriodEndDate	2011-09-30
CY2011	dei	Document Type DocumentType	10-K
CY2011	dei	Entity Central Index Key EntityCentralIndexKey	0000836690
CY2011	dei	Entity Registrant Name EntityRegistrantName	INNOVATIVE SOLUTIONS & SUPPORT INC
CY2011Q1	dei	Entity Public Float EntityPublicFloat	74600000	USD
CY2011Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16719806	shares
CY2011	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2009	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-339350	USD
CY2011	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	177399	USD
CY2009	us-gaap	Income Taxes Paid IncomeTaxesPaid	804486	USD
CY2009	us-gaap	Interest Paid InterestPaid	48303	USD
CY2009Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	35565694	USD
CY2008Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	35031932	USD
CY2009	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	533762	USD
CY2009	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-4453892	USD
CY2009	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	10642	USD
CY2009	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	108250	USD
CY2009	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4335000	USD
CY2009	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-331895	USD
CY2009	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	620	USD
CY2009	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	332515	USD
CY2009	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	5319549	USD
CY2009	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	129304	USD
CY2009	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-686352	USD
CY2009	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1658551	USD
CY2009	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1141991	USD
CY2009	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-178847	USD
CY2009	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-3547616	USD
CY2011	us-gaap	Nature Of Operations NatureOfOperations	<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: times"><font size="2"><b>1. Background: </b></font></p> <p style="FONT-FAMILY: times"><font size="2">        Innovative Solutions and Support, Inc., (the "Company"), was incorporated in Pennsylvania on February 12, 1988. The Company's primary business is the design, manufacture and sale of large flat panel displays, flight information computers, and advanced monitoring systems to the Department of Defense ("DoD"), defense contractors, commercial air transport carriers, and corporate/general aviation markets. </font></p></td></tr></table>
CY2011	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	121237	USD

Files In Submission

Name	View Source	Status
0001047469-11-010093-index-headers.html	Edgar Link	pending
0001047469-11-010093-index.html	Edgar Link	pending
0001047469-11-010093.txt	Edgar Link	pending
0001047469-11-010093-xbrl.zip	Edgar Link	pending
a2206644z10-k.htm	Edgar Link	pending
a2206644zex-21.htm	Edgar Link	pending
a2206644zex-23_1.htm	Edgar Link	pending
a2206644zex-31_1.htm	Edgar Link	pending
a2206644zex-31_2.htm	Edgar Link	pending
a2206644zex-32_1.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
g1028153.jpg	Edgar Link	pending
issc-20110930.xml	Edgar Link	completed
issc-20110930.xsd	Edgar Link	pending
issc-20110930_cal.xml	Edgar Link	unprocessable
issc-20110930_def.xml	Edgar Link	unprocessable
issc-20110930_lab.xml	Edgar Link	unprocessable
issc-20110930_pre.xml	Edgar Link	unprocessable
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
R3.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

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$ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC Stock $issc

2010 Q3 Form 10-K Financial Statement

#000104746911010093 Filed on December 14, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ISSC INNOVATIVE SOLUTIONS & SUPPORT INC Stock $issc

2010 Q3 Form 10-K Financial Statement

#000104746911010093 Filed on December 14, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC Stock $issc