$KTCC
KEY TRONIC CORP

2012 Q3 Form 10-Q Financial Statement

#000071973312000008 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4
Revenue $77.97M $84.45M
YoY Change 18.06% 33.33%
Cost Of Revenue $88.03M $77.59M
YoY Change 44.32% 35.17%
Gross Profit $6.622M $5.005M
YoY Change 32.36% -16.16%
Gross Profit Margin 8.49% 5.93%
Selling, General & Admin $2.529M $2.916M
YoY Change 5.38% 21.5%
% of Gross Profit 38.19% 58.26%
Research & Development $1.250M $1.157M
YoY Change 25.0% 28.56%
% of Gross Profit 18.88% 23.12%
Depreciation & Amortization $612.0K $573.0K
YoY Change 7.37% 8.11%
% of Gross Profit 9.24% 11.45%
Operating Expenses $3.779M $4.073M
YoY Change 11.15% 23.42%
Operating Profit $5.696M $2.795M
YoY Change 255.33% 4.68%
Interest Expense $116.0K $124.0K
YoY Change -216.0% -224.0%
% of Operating Profit 2.04% 4.44%
Other Income/Expense, Net
YoY Change
Pretax Income $2.438M $1.512M
YoY Change 59.87% -40.75%
Income Tax $1.836M -$503.0K
% Of Pretax Income 75.31% -33.27%
Net Earnings $1.705M $1.247M
YoY Change 10.93% -28.42%
Net Earnings / Revenue 2.19% 1.48%
Basic Earnings Per Share $0.16 $0.12
Diluted Earnings Per Share $0.15 $0.30
COMMON SHARES
Basic Shares Outstanding 10.51M shares 10.45M shares
Diluted Shares Outstanding 11.34M shares 10.48M shares

Balance Sheet

Concept 2012 Q3 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.800M $300.0K
YoY Change 50.0% -78.57%
Cash & Equivalents $1.801M $596.0K
Short-Term Investments
Other Short-Term Assets $6.240M $8.100M
YoY Change 37.17% -8.99%
Inventory $56.91M $46.70M
Prepaid Expenses
Receivables $56.70M $48.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $125.5M $103.5M
YoY Change 37.01% 13.49%
LONG-TERM ASSETS
Property, Plant & Equipment $17.46M $14.80M
YoY Change 17.07% -1.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.980M $5.500M
YoY Change 20.51% 14.58%
Total Long-Term Assets $21.86M $20.20M
YoY Change 5.2% 2.02%
TOTAL ASSETS
Total Short-Term Assets $125.5M $103.5M
Total Long-Term Assets $21.86M $20.20M
Total Assets $147.3M $123.7M
YoY Change 31.13% 11.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.92M $32.60M
YoY Change 45.01% 16.43%
Accrued Expenses $7.200M $3.700M
YoY Change 63.64% -5.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $700.0K $800.0K
YoY Change -12.5% 700.0%
Total Short-Term Liabilities $49.90M $40.20M
YoY Change 49.95% 11.67%
LONG-TERM LIABILITIES
Long-Term Debt $11.10M $11.30M
YoY Change 85.0% 1.8%
Other Long-Term Liabilities $1.141M $5.900M
YoY Change -67.59% 227.78%
Total Long-Term Liabilities $13.54M $17.20M
YoY Change 22.34% 33.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.90M $40.20M
Total Long-Term Liabilities $13.54M $17.20M
Total Liabilities $63.43M $58.50M
YoY Change 43.06% 19.88%
SHAREHOLDERS EQUITY
Retained Earnings $40.64M
YoY Change 60.83%
Common Stock $42.69M
YoY Change 4.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $83.90M $65.20M
YoY Change
Total Liabilities & Shareholders Equity $147.3M $123.7M
YoY Change 31.13% 11.44%

Cashflow Statement

Concept 2012 Q3 2011 Q4
OPERATING ACTIVITIES
Net Income $1.705M $1.247M
YoY Change 10.93% -28.42%
Depreciation, Depletion And Amortization $612.0K $573.0K
YoY Change 7.37% 8.11%
Cash From Operating Activities $6.022M -$5.787M
YoY Change -31.33% -23.25%
INVESTING ACTIVITIES
Capital Expenditures $739.0K $396.0K
YoY Change -435.91% -125.22%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$739.0K -$396.0K
YoY Change 235.91% -74.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $178.0K $169.0K
YoY Change
Cash From Financing Activities -$3.984M $5.298M
YoY Change -49.82% -45.66%
NET CHANGE
Cash From Operating Activities $6.022M -$5.787M
Cash From Investing Activities -$739.0K -$396.0K
Cash From Financing Activities -$3.984M $5.298M
Net Change In Cash $1.299M -$885.0K
YoY Change 112.95% -234.09%
FREE CASH FLOW
Cash From Operating Activities $6.022M -$5.787M
Capital Expenditures $739.0K $396.0K
Free Cash Flow $5.283M -$6.183M
YoY Change -41.23% 3.57%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
37918000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
573000 USD
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-659000 USD
CY2012Q3 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
103000 USD
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
43025000 USD
CY2012Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
54000 USD
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2011Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
707000 shares
CY2012Q3 us-gaap Assets
Assets
147338000 USD
CY2012Q2 us-gaap Assets
Assets
150912000 USD
CY2012Q3 us-gaap Assets Current
AssetsCurrent
125479000 USD
CY2012Q2 us-gaap Assets Current
AssetsCurrent
129490000 USD
CY2012Q3 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
1506000 USD
CY2012Q2 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
858000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1801000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
502000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1232000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
347000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-885000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1299000 USD
CY2012Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2012Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000 shares
CY2012Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000 shares
CY2012Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10489000 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10481000 shares
CY2012Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10489000 shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10481000 shares
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
42692000 USD
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
42372000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4976000 USD
CY2011Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3066000 USD
CY2011Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
64756000 USD
CY2012Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
88033000 USD
CY2011Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
204000 USD
CY2012Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1226000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
5201000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
3835000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2703000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2416000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1094000 USD
CY2012Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1301000 USD
CY2011Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
573000 USD
CY2012Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
612000 USD
CY2012Q3 us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2015-03-25
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2012Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7162000 USD
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6337000 USD
CY2012Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1300000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M13D
CY2012Q3 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
103000 USD
CY2011Q4 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2012Q3 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s reporting period is a 52/53 week fiscal year ending on the Saturday closest to June&#160;30. The three month periods ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;29, 2012</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">October&#160;1, 2011</font><font style="font-family:inherit;font-size:10pt;"> were 13 week periods. Fiscal year </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2013</font><font style="font-family:inherit;font-size:10pt;"> will end on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 29,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2013</font><font style="font-family:inherit;font-size:10pt;"> which is a 52 week year, and fiscal year </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;"> which ended on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2012</font><font style="font-family:inherit;font-size:10pt;">, was also a 52 week year.</font></div></div>
CY2012Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-200000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
9475000 USD
CY2011Q4 us-gaap Gross Profit
GrossProfit
5005000 USD
CY2011Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1512000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5580000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1836000 USD
CY2011Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
265000 USD
CY2011Q4 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-45000 USD
CY2012Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-112000 USD
CY2011Q4 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
514000 USD
CY2012Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1897000 USD
CY2012Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
118000 USD
CY2011Q4 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
54000 USD
CY2012Q3 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
7900000 USD
CY2011Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
116000 USD
CY2012Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
479000 USD
CY2012Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5107000 USD
CY2011Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6419000 USD
CY2011Q4 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-782000 USD
CY2012Q3 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
825000 USD
CY2011Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5266000 USD
CY2012Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1353000 USD
CY2012Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1550000 USD
CY2011Q4 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
497000 USD
CY2012Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
622000 USD
CY2011Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-56000 USD
CY2011Q4 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
7816000 USD
CY2012Q3 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-3964000 USD
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
344000 shares
CY2011Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
28000 shares
CY2012Q3 us-gaap Interest Expense
InterestExpense
116000 USD
CY2011Q4 us-gaap Interest Expense
InterestExpense
103000 USD
CY2011Q4 us-gaap Interest Paid
InterestPaid
42000 USD
CY2012Q3 us-gaap Interest Paid
InterestPaid
133000 USD
CY2012Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
9805000 USD
CY2012Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10414000 USD
CY2012Q3 us-gaap Inventory Net
InventoryNet
56912000 USD
CY2012Q2 us-gaap Inventory Net
InventoryNet
58439000 USD
CY2012Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
39710000 USD
CY2012Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
42294000 USD
CY2012Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
6788000 USD
CY2012Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
6340000 USD
CY2012Q3 us-gaap Inventory Write Down
InventoryWriteDown
174000 USD
CY2011Q4 us-gaap Inventory Write Down
InventoryWriteDown
92000 USD
CY2012Q2 us-gaap Liabilities
Liabilities
72304000 USD
CY2012Q3 us-gaap Liabilities
Liabilities
63434000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
150912000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
147338000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
53254000 USD
CY2012Q3 us-gaap Liabilities Current
LiabilitiesCurrent
49899000 USD
CY2012Q3 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
632000 USD
CY2012Q2 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
1851000 USD
CY2012Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
13535000 USD
CY2012Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
19050000 USD
CY2012Q3 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
11100000 USD
CY2012Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
15000000 USD
CY2012Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
18900000 USD
CY2012Q3 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.0325
CY2012Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
15011000 USD
CY2012Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
11093000 USD
CY2011Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5298000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3984000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-739000 USD
CY2011Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-396000 USD
CY2011Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5787000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6022000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
3744000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
1247000 USD
CY2011Q4 us-gaap Operating Expenses
OperatingExpenses
3390000 USD
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
3779000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1615000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5696000 USD
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
6240000 USD
CY2012Q2 us-gaap Other Assets Current
OtherAssetsCurrent
4639000 USD
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1980000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1413000 USD
CY2011Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4313000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1232000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
600000 USD
CY2011Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-2200000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3163000 USD
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4080000 USD
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1141000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2945000 USD
CY2012Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
729000 USD
CY2012Q3 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
739000 USD
CY2011Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
396000 USD
CY2012Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
739000 USD
CY2012Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
31494000 USD
CY2011Q4 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
24768000 USD
CY2012Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9000 USD
CY2011Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
128000 USD
CY2012Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
19000 USD
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
23000 USD
CY2012Q3 us-gaap Product Warranty Expense
ProductWarrantyExpense
0 USD
CY2011Q4 us-gaap Product Warranty Expense
ProductWarrantyExpense
60000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17306000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17463000 USD
CY2011Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-111000 USD
CY2012Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
54000 USD
CY2012Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
56691000 USD
CY2012Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
60709000 USD
CY2012Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
35412000 USD
CY2011Q4 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
19429000 USD
CY2012Q3 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
178000 USD
CY2011Q4 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
169000 USD
CY2011Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
956000 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1250000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
36895000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
40639000 USD
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
69761000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
97508000 USD
CY2011Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2434000 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2529000 USD
CY2011Q4 us-gaap Share Based Compensation
ShareBasedCompensation
146000 USD
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
208000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.6490
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.6650
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.6550
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0116
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0046
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0052
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2012Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2011Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
47500 shares
CY2012Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
7500 shares
CY2012Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
208000 USD
CY2012Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
9000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
83904000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
78608000 USD
CY2011Q4 us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
0 USD
CY2012Q3 us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
-103000 USD
CY2012Q3 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
5900000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2900000 USD
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10446000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10830000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10486000 shares
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10418000 shares
CY2012Q3 ktcc Additional Foreign Currency Forward Contracts
AdditionalForeignCurrencyForwardContracts
10600000 USD
CY2012Q2 ktcc Discounted Cash Flow Revolving Line Of Credit Estimated
DiscountedCashFlowRevolvingLineOfCreditEstimated
15000000 USD
CY2012Q3 ktcc Discounted Cash Flow Revolving Line Of Credit Estimated
DiscountedCashFlowRevolvingLineOfCreditEstimated
11100000 USD
CY2012Q3 ktcc Federal Funds Rate Plus Percentage
FederalFundsRatePlusPercentage
0.015
CY2011Q4 ktcc Income Tax Reconciliation Foreign Currency Translation Changes
IncomeTaxReconciliationForeignCurrencyTranslationChanges
-258000 USD
CY2012Q3 ktcc Income Tax Reconciliation Foreign Currency Translation Changes
IncomeTaxReconciliationForeignCurrencyTranslationChanges
-67000 USD
CY2012Q3 ktcc Maximum Amount Of Income Tax Benefits Percentage Realized Upon Ultimate Settlement
MaximumAmountOfIncomeTaxBenefitsPercentageRealizedUponUltimateSettlement
0.5
CY2011Q4 ktcc Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
8600000 USD
CY2011Q4 ktcc Number Of Weeks In Quarter
NumberOfWeeksInQuarter
P13W
CY2012Q3 ktcc Number Of Weeks In Quarter
NumberOfWeeksInQuarter
P13W
CY2012Q3 ktcc Outstanding Foreign Currency Forward Contracts
OutstandingForeignCurrencyForwardContracts
52200000 USD
CY2012Q3 ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
5500000 USD
CY2011Q4 ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
4200000 USD
CY2012Q2 ktcc Total Other Assets Non Current
TotalOtherAssetsNonCurrent
4116000 USD
CY2012Q3 ktcc Total Other Assets Non Current
TotalOtherAssetsNonCurrent
4396000 USD
CY2012Q3 dei Amendment Flag
AmendmentFlag
false
CY2012Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-29
CY2012Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2012Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2012Q3 dei Document Period End Date
DocumentPeriodEndDate
2012-09-29
CY2012Q3 dei Document Type
DocumentType
10-Q
CY2012Q3 dei Entity Central Index Key
EntityCentralIndexKey
0000719733
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10488856 shares
CY2012Q3 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2012Q3 dei Entity Registrant Name
EntityRegistrantName
KEY TRONIC CORP
CY2012Q3 dei Trading Symbol
TradingSymbol
ktcc

Files In Submission

Name View Source Status
0000719733-12-000008-index-headers.html Edgar Link pending
0000719733-12-000008-index.html Edgar Link pending
0000719733-12-000008.txt Edgar Link pending
0000719733-12-000008-xbrl.zip Edgar Link pending
exhibit311.htm Edgar Link pending
exhibit312.htm Edgar Link pending
exhibit321.htm Edgar Link pending
exhibit322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
ktcc-20120929.xml Edgar Link completed
ktcc-20120929.xsd Edgar Link pending
ktcc-20120929_cal.xml Edgar Link unprocessable
ktcc-20120929_def.xml Edgar Link unprocessable
ktcc-20120929_lab.xml Edgar Link unprocessable
ktcc-20120929_pre.xml Edgar Link unprocessable
ktcc-9292012x10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending