$KTCC
KEY TRONIC CORP Stock $ktcc

$ktcc Overview Financials Valuation SEC Filings Company Website

2014 Q3 Form 10-Q Financial Statement

#000071973314000043 Filed on November 06, 2014

Income Statement

Concept	2014 Q3	2013 Q3
Revenue	$86.34M	$77.97M
YoY Change	10.73%	0.0%
Cost Of Revenue	$82.10M	$71.35M
YoY Change	15.07%	-18.95%
Gross Profit	$4.238M	$6.622M
YoY Change	-36.0%	0.0%
Gross Profit Margin	4.91%	8.49%
Selling, General & Admin	$4.607M	$2.817M
YoY Change	63.54%	11.39%
% of Gross Profit	108.71%	42.54%
Research & Development	$1.336M	$1.345M
YoY Change	-0.67%	7.6%
% of Gross Profit	31.52%	20.31%
Depreciation & Amortization	$1.269M	$864.0K
YoY Change	46.88%	41.18%
% of Gross Profit	29.94%	13.05%
Operating Expenses	$5.943M	$4.162M
YoY Change	42.79%	10.13%
Operating Profit	-$1.705M	$2.460M
YoY Change	-169.31%	-56.81%
Interest Expense	$189.0K	$22.00K
YoY Change	759.09%	-81.03%
% of Operating Profit		0.89%
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.894M	$2.438M
YoY Change	-177.69%	0.0%
Income Tax	-$371.0K	$733.0K
% Of Pretax Income		30.07%
Net Earnings	-$1.523M	$1.705M
YoY Change	-189.33%	0.0%
Net Earnings / Revenue	-1.76%	2.19%
Basic Earnings Per Share	-$0.14	$0.16
Diluted Earnings Per Share	-$0.14	$0.15
COMMON SHARES
Basic Shares Outstanding	10.55M shares	10.51M shares
Diluted Shares Outstanding	10.55M shares	11.34M shares

Balance Sheet

Concept	2014 Q3	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.000M	$2.000M
YoY Change	-50.0%	11.11%
Cash & Equivalents	$967.0K	$1.960M
Short-Term Investments
Other Short-Term Assets	$14.58M	$7.788M
YoY Change	87.15%	24.81%
Inventory	$74.70M	$45.63M
Prepaid Expenses
Receivables	$74.70M	$48.60M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$169.1M	$105.2M
YoY Change	60.68%	-16.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$30.43M	$19.49M
YoY Change	56.14%	11.6%
Goodwill	$9.731M	$1.740M
YoY Change	459.25%
Intangibles	$7.902M	$2.267M
YoY Change	248.57%
Long-Term Investments
YoY Change
Other Assets	$1.399M	$3.622M
YoY Change	-61.37%	82.93%
Total Long-Term Assets	$49.46M	$31.09M
YoY Change	59.11%	42.22%
TOTAL ASSETS
Total Short-Term Assets	$169.1M	$105.2M
Total Long-Term Assets	$49.46M	$31.09M
Total Assets	$218.5M	$136.3M
YoY Change	60.32%	-7.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$48.98M	$27.60M
YoY Change	77.46%	-27.21%
Accrued Expenses	$7.700M	$6.000M
YoY Change	28.33%	-16.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$5.000M	$400.0K
YoY Change	1150.0%	-42.86%
Total Short-Term Liabilities	$68.73M	$37.80M
YoY Change	81.81%	-24.24%
LONG-TERM LIABILITIES
Long-Term Debt	$30.00M	$0.00
YoY Change		-100.0%
Other Long-Term Liabilities	$436.0K	$907.0K
YoY Change	-51.93%	-20.51%
Total Long-Term Liabilities	$49.24M	$2.648M
YoY Change	1759.52%	-80.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$68.73M	$37.80M
Total Long-Term Liabilities	$49.24M	$2.648M
Total Liabilities	$118.0M	$40.45M
YoY Change	191.64%	-36.23%
SHAREHOLDERS EQUITY
Retained Earnings	$55.57M	$51.18M
YoY Change	8.57%	25.95%
Common Stock	$44.33M	$43.62M
YoY Change	1.64%	2.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$100.6M	$95.86M
YoY Change
Total Liabilities & Shareholders Equity	$218.5M	$136.3M
YoY Change	60.32%	-7.49%

Cashflow Statement

Concept	2014 Q3	2013 Q3
OPERATING ACTIVITIES
Net Income	-$1.523M	$1.705M
YoY Change	-189.33%	0.0%
Depreciation, Depletion And Amortization	$1.269M	$864.0K
YoY Change	46.88%	41.18%
Cash From Operating Activities	-$2.138M	-$1.603M
YoY Change	33.37%	-126.62%
INVESTING ACTIVITIES
Capital Expenditures	$2.248M	$1.134M
YoY Change	98.24%	53.45%
Acquisitions	$47.76M	$6.027M
YoY Change	692.48%
Other Investing Activities	-$45.57M	-$6.030M
YoY Change	655.72%
Cash From Investing Activities	-$47.82M	-$7.161M
YoY Change	567.73%	869.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$0.00	$189.0K
YoY Change	-100.0%	6.18%
Cash From Financing Activities	$45.12M	-$95.00K
YoY Change	-47592.63%	-97.62%
NET CHANGE
Cash From Operating Activities	-$2.138M	-$1.603M
Cash From Investing Activities	-$47.82M	-$7.161M
Cash From Financing Activities	$45.12M	-$95.00K
Net Change In Cash	-$4.836M	-$8.859M
YoY Change	-45.41%	-781.99%
FREE CASH FLOW
Cash From Operating Activities	-$2.138M	-$1.603M
Capital Expenditures	$2.248M	$1.134M
Free Cash Flow	-$4.386M	-$2.737M
YoY Change	60.25%	-151.81%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	32459000	USD
CY2014Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	48979000	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	667000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	2403000	USD
CY2014Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	USD
CY2014Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	73000	USD
CY2014Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	139000	USD
CY2013Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	75000	USD
CY2013Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	213000	shares
CY2014Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	793000	shares
CY2014Q2	us-gaap	Assets Assets	156660000	USD
CY2014Q3	us-gaap	Assets Assets	218533000	USD
CY2014Q2	us-gaap	Assets Current AssetsCurrent	123216000	USD
CY2014Q3	us-gaap	Assets Current AssetsCurrent	169070000	USD
CY2014Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-905000	USD
CY2013Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	2033000	USD
CY2014Q2	us-gaap	Inventory Net InventoryNet	55634000	USD
CY2014Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	50743000	USD
CY2013Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	109151000	USD
CY2014Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	109821000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	967000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5803000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1960000	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10819000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-4836000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-8859000	USD
CY2014Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q3	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2014Q2	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2014Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10547000	shares
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10552000	shares
CY2014Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10547000	shares
CY2014Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10552000	shares
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	44151000	USD
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	44333000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3259000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1451000	USD
CY2014Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	82104000	USD
CY2013Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	71352000	USD
CY2014Q3	us-gaap	Debt Instrument Periodic Payment Principal DebtInstrumentPeriodicPaymentPrincipal	1250000	USD
CY2014Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1815000	USD
CY2013Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-46000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	4123000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	935000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	3325000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	0	USD
CY2014Q3	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	2400000	USD
CY2014Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	870000	USD
CY2014Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	270000	USD
CY2013Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	864000	USD
CY2014Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1269000	USD
CY2014Q3	us-gaap	Derivative Fixed Interest Rate DerivativeFixedInterestRate	0
CY2014Q3	us-gaap	Inventory Net InventoryNet	74699000	USD
CY2014Q3	us-gaap	Derivative Maturity Dates DerivativeMaturityDates	2017-12-27
CY2013Q3	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	77000	USD
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.16
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.14
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.14
CY2014Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	7698000	USD
CY2014Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	7562000	USD
CY2014Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	800000	USD
CY2014Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y6M26D
CY2014Q3	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	0	USD
CY2013Q3	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	77000	USD
CY2014Q3	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	0	USD
CY2014Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	271000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	410000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	2909000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	846000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	818000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1073000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1128000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1128000	USD
CY2014Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	2342000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	8312000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	7902000	USD
CY2014Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2071000	USD
CY2014Q3	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’s reporting period is a 52/53 week fiscal year ending on the Saturday closest to June 30. The three month periods ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September 27, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September 28, 2013</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;">2015</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 27,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</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;">2014</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 28, 2014</font><font style="font-family:inherit;font-size:10pt;">, was also a 52 week year.</font></div></div>
CY2014Q3	us-gaap	Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months	800000	USD
CY2014Q3	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	6000	USD
CY2013Q3	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	USD
CY2014Q2	us-gaap	Goodwill Goodwill	1740000	USD
CY2014Q3	us-gaap	Goodwill Goodwill	9731000	USD
CY2014Q3	us-gaap	Gross Profit GrossProfit	4238000	USD
CY2013Q3	us-gaap	Gross Profit GrossProfit	6622000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2438000	USD
CY2014Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	11000	USD
CY2013Q3	us-gaap	Product Warranty Expense ProductWarrantyExpense	1000	USD
CY2014Q3	us-gaap	Product Warranty Expense ProductWarrantyExpense	14000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-1894000	USD
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-371000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	733000	USD
CY2014Q3	us-gaap	Income Tax Reconciliation Repatriation Of Foreign Earnings IncomeTaxReconciliationRepatriationOfForeignEarnings	10900000	USD
CY2013Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	135000	USD
CY2014Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	198000	USD
CY2014Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	5450000	USD
CY2013Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1200000	USD
CY2014Q3	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-2052000	USD
CY2013Q3	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-1406000	USD
CY2014Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2589000	USD
CY2013Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	191000	USD
CY2013Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2031000	USD
CY2014Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3303000	USD
CY2013Q3	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-317000	USD
CY2014Q3	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2837000	USD
CY2013Q3	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	1561000	USD
CY2014Q3	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	3911000	USD
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	829000	shares
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2014Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	7902000	USD
CY2014Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2071000	USD
CY2014Q3	us-gaap	Interest Expense InterestExpense	189000	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	22000	USD
CY2013Q3	us-gaap	Interest Paid InterestPaid	26000	USD
CY2014Q3	us-gaap	Interest Paid InterestPaid	286000	USD
CY2014Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	10321000	USD
CY2014Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	5826000	USD
CY2014Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	42740000	USD
CY2014Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	7068000	USD
CY2014Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	13635000	USD
CY2013Q3	us-gaap	Inventory Write Down InventoryWriteDown	102000	USD
CY2014Q3	us-gaap	Inventory Write Down InventoryWriteDown	118000	USD
CY2014Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	300000	USD
CY2014Q3	us-gaap	Liabilities Liabilities	117965000	USD
CY2014Q2	us-gaap	Liabilities Liabilities	53015000	USD
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	218533000	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	156660000	USD
CY2014Q3	us-gaap	Liabilities Current LiabilitiesCurrent	68725000	USD
CY2014Q2	us-gaap	Liabilities Current LiabilitiesCurrent	52167000	USD
CY2014Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	49240000	USD
CY2014Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	848000	USD
CY2014Q3	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	17900000	USD
CY2014Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	11700000	USD
CY2014Q3	us-gaap	Long Term Debt LongTermDebt	35000000	USD
CY2014Q3	us-gaap	Long Term Debt LongTermDebt	35000000	USD
CY2014Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	USD
CY2014Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	30000000	USD
CY2014Q3	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	17934000	USD
CY2014Q2	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	0	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-95000	USD
CY2014Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	45118000	USD
CY2014Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47816000	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7161000	USD
CY2014Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2138000	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1603000	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	-1523000	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	1705000	USD
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	5943000	USD
CY2013Q3	us-gaap	Operating Expenses OperatingExpenses	4162000	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	2460000	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-1705000	USD
CY2014Q3	us-gaap	Other Assets Current OtherAssetsCurrent	14575000	USD
CY2014Q2	us-gaap	Other Assets Current OtherAssetsCurrent	11186000	USD
CY2014Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1399000	USD
CY2014Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2712000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-1736000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-254000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-1000000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-100000	USD
CY2014Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	7017000	USD
CY2014Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	4293000	USD
CY2014Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	436000	USD
CY2014Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	578000	USD
CY2014Q3	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	5031000	USD
CY2014Q2	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	7853000	USD
CY2014Q3	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	11000	USD
CY2013Q3	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
CY2014Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	47763000	USD
CY2013Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	6027000	USD
CY2014Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2248000	USD
CY2013Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1134000	USD
CY2014Q3	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<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;font-style:italic;font-weight:bold;">Reclassifications </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period reclassifications were made to conform with the current period presentation. These reclassifications had no effect on reported income, comprehensive income, cash flows, total assets, or shareholders' equity as previously reported. </font></div></div>
CY2013Q3	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	USD
CY2014Q3	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	39552000	USD
CY2014Q3	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	35000000	USD
CY2013Q3	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	0	USD
CY2013Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
CY2014Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2195000	USD
CY2014Q3	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	1147000	USD
CY2013Q3	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	0	USD
CY2013Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	17000	USD
CY2014Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	17000	USD
CY2014Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	33000	USD
CY2014Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	30431000	USD
CY2014Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	23596000	USD
CY2013Q3	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2014Q3	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	74000	USD
CY2014Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	49658000	USD
CY2014Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	74706000	USD
CY2013Q3	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
CY2014Q3	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	21618000	USD
CY2014Q3	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	USD
CY2013Q3	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	189000	USD
CY2014Q3	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	8969000	USD
CY2013Q3	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	0	USD
CY2013Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1345000	USD
CY2014Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1336000	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	57091000	USD
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	55568000	USD
CY2014Q3	us-gaap	Sales Revenue Net SalesRevenueNet	86342000	USD
CY2013Q3	us-gaap	Sales Revenue Net SalesRevenueNet	77974000	USD
CY2014Q3	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	31000	USD
CY2014Q2	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	7900000	USD
CY2013Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2817000	USD
CY2014Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4607000	USD
CY2013Q3	us-gaap	Share Based Compensation ShareBasedCompensation	154000	USD
CY2014Q3	us-gaap	Share Based Compensation ShareBasedCompensation	165000	USD
CY2013Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	0	USD
CY2014Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	165000	USD
CY2014Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	17000	USD
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	100568000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	103645000	USD
CY2014Q3	us-gaap	Tax Credit Carryforward Amount TaxCreditCarryforwardAmount	5100000	USD
CY2014Q3	us-gaap	Tax Credit Carryforward Deferred Tax Asset TaxCreditCarryforwardDeferredTaxAsset	2000000	USD
CY2014Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	3100000	USD
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11336000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10548000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10548000	shares
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10507000	shares
CY2014Q2	ktcc	Account Purchase Agreement Maximum Aggregate Amount AccountPurchaseAgreementMaximumAggregateAmount	50000000	USD
CY2014Q3	ktcc	Maximum Amount Of Income Tax Benefits Percentage Realized Upon Ultimate Settlement MaximumAmountOfIncomeTaxBenefitsPercentageRealizedUponUltimateSettlement	0.50
CY2014Q3	ktcc	Notional Amount Of Foreign Currency Forward Contracts NotionalAmountOfForeignCurrencyForwardContracts	11600000	USD
CY2013Q3	ktcc	Notional Amount Of Foreign Currency Forward Contracts NotionalAmountOfForeignCurrencyForwardContracts	5000000	USD
CY2014Q3	ktcc	Settlements Of Foreign Currency Exchange Forward Contracts SettlementsOfForeignCurrencyExchangeForwardContracts	5300000	USD
CY2013Q3	ktcc	Settlements Of Foreign Currency Exchange Forward Contracts SettlementsOfForeignCurrencyExchangeForwardContracts	6200000	USD
CY2014Q2	ktcc	Total Other Assets Non Current TotalOtherAssetsNonCurrent	9848000	USD
CY2014Q3	ktcc	Total Other Assets Non Current TotalOtherAssetsNonCurrent	19032000	USD
CY2014Q3	ktcc	Trade Accounts Receivable Sold To Third Party TradeAccountsReceivableSoldToThirdParty	9000000	USD
CY2014Q3	dei	Amendment Flag AmendmentFlag	false
CY2014Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-27
CY2014Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2014Q3	dei	Document Period End Date DocumentPeriodEndDate	2014-09-27
CY2014Q3	dei	Document Type DocumentType	10-Q
CY2014Q3	dei	Entity Central Index Key EntityCentralIndexKey	0000719733
CY2014Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	10551680	shares
CY2014Q3	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2014Q3	dei	Entity Registrant Name EntityRegistrantName	KEY TRONIC CORP
CY2014Q3	dei	Trading Symbol TradingSymbol	ktcc
CY2014Q3	invest	Derivative Notional Amount DerivativeNotionalAmount	68700000	USD

Files In Submission

Name	View Source	Status
0000719733-14-000043-index-headers.html	Edgar Link	pending
0000719733-14-000043-index.html	Edgar Link	pending
0000719733-14-000043.txt	Edgar Link	pending
0000719733-14-000043-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ktcc-09272014x10q.htm	Edgar Link	pending
ktcc-20140927.xml	Edgar Link	completed
ktcc-20140927.xsd	Edgar Link	pending
ktcc-20140927_cal.xml	Edgar Link	unprocessable
ktcc-20140927_def.xml	Edgar Link	unprocessable
ktcc-20140927_lab.xml	Edgar Link	unprocessable
ktcc-20140927_pre.xml	Edgar Link	unprocessable
q12015exhibit311.htm	Edgar Link	pending
q12015exhibit312.htm	Edgar Link	pending
q12015exhibit321.htm	Edgar Link	pending
q12015exhibit322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
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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
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R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R44.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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$KTCC
KEY TRONIC CORP Stock $ktcc

2014 Q3 Form 10-Q Financial Statement

#000071973314000043 Filed on November 06, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KTCC KEY TRONIC CORP Stock $ktcc

2014 Q3 Form 10-Q Financial Statement

#000071973314000043 Filed on November 06, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KTCC
KEY TRONIC CORP Stock $ktcc