$KTCC
KEY TRONIC CORP

2016 Q2 Form 10-Q Financial Statement

#000071973316000099 Filed on May 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2 2015 Q1
Revenue $118.4M $120.4M $112.9M
YoY Change -1.68% 66.97% 46.56%
Cost Of Revenue $108.5M $110.0M $103.5M
YoY Change -1.36% 67.94% 46.91%
Gross Profit $10.00M $10.39M $9.436M
YoY Change -3.77% 55.69% 42.82%
Gross Profit Margin 8.45% 8.63% 8.36%
Selling, General & Admin $5.600M $5.500M $5.375M
YoY Change 1.82% 83.33% 80.07%
% of Gross Profit 56.0% 52.93% 56.96%
Research & Development $1.600M $1.600M $1.510M
YoY Change 0.0% 14.29% 6.79%
% of Gross Profit 16.0% 15.4% 16.0%
Depreciation & Amortization $1.530M $1.530M $1.570M
YoY Change 0.0% 47.12% 57.0%
% of Gross Profit 15.3% 14.72% 16.64%
Operating Expenses $7.200M $7.100M $6.885M
YoY Change 1.41% 61.36% 56.51%
Operating Profit $2.800M $3.292M $2.551M
YoY Change -14.95% 44.7% 15.53%
Interest Expense -$600.0K -$400.0K $317.0K
YoY Change 50.0% 2541.67%
% of Operating Profit -21.43% -12.15% 12.43%
Other Income/Expense, Net
YoY Change
Pretax Income $2.100M $2.847M $2.234M
YoY Change -26.24% 27.15% 1.73%
Income Tax $400.0K $500.0K $373.0K
% Of Pretax Income 19.05% 17.56% 16.7%
Net Earnings $1.800M $2.340M $1.861M
YoY Change -23.08% 69.57% 31.61%
Net Earnings / Revenue 1.52% 1.94% 1.65%
Basic Earnings Per Share $0.22 $0.18
Diluted Earnings Per Share $162.2K $0.21 $0.16
COMMON SHARES
Basic Shares Outstanding 10.71M shares 10.64M shares 10.55M shares
Diluted Shares Outstanding 11.41M shares 11.56M shares

Balance Sheet

Concept 2016 Q2 2015 Q2 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $300.0K $400.0K $300.0K
YoY Change -25.0% -93.1% -86.36%
Cash & Equivalents $275.0K $372.0K $345.0K
Short-Term Investments
Other Short-Term Assets $16.21M $13.65M $15.23M
YoY Change 18.8% 21.99% 60.88%
Inventory $107.2M $91.59M $77.96M
Prepaid Expenses
Receivables $55.60M $72.90M $69.70M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $179.3M $178.5M $168.9M
YoY Change 0.48% 44.84% 50.88%
LONG-TERM ASSETS
Property, Plant & Equipment $27.35M $26.97M $28.71M
YoY Change 1.38% 14.32% 35.49%
Goodwill $9.957M $9.957M $9.957M
YoY Change 0.0% 472.24% 472.24%
Intangibles $6.210M $7.055M $7.337M
YoY Change -11.98% 240.66% 243.17%
Long-Term Investments
YoY Change
Other Assets $1.816M $1.621M $1.445M
YoY Change 12.03% -40.23% -24.5%
Total Long-Term Assets $55.01M $52.33M $47.74M
YoY Change 5.12% 56.47% 58.96%
TOTAL ASSETS
Total Short-Term Assets $179.3M $178.5M $168.9M
Total Long-Term Assets $55.01M $52.33M $47.74M
Total Assets $234.3M $230.8M $216.6M
YoY Change 1.53% 47.32% 52.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.21M $61.53M $50.28M
YoY Change -8.64% 89.56% 76.16%
Accrued Expenses $7.900M $9.500M $7.700M
YoY Change -16.84% 25.0% 22.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.000M $5.000M $5.000M
YoY Change 0.0% -36.71%
Total Short-Term Liabilities $83.05M $86.79M $73.57M
YoY Change -4.31% 66.37% 84.57%
LONG-TERM LIABILITIES
Long-Term Debt $22.50M $26.25M $27.50M
YoY Change -14.29%
Other Long-Term Liabilities $5.687M $4.855M $4.660M
YoY Change 17.14% 739.97% 726.24%
Total Long-Term Liabilities $46.73M $43.24M $43.65M
YoY Change 8.08% 4998.7% 7638.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.05M $86.79M $73.57M
Total Long-Term Liabilities $46.73M $43.24M $43.65M
Total Liabilities $129.8M $130.0M $117.2M
YoY Change -0.19% 145.26% 189.97%
SHAREHOLDERS EQUITY
Retained Earnings $65.78M $61.40M $59.06M
YoY Change 7.15% 7.54% 6.0%
Common Stock $45.15M $44.14M $44.76M
YoY Change 2.29% -0.03% 1.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $104.6M $100.8M $99.43M
YoY Change
Total Liabilities & Shareholders Equity $234.3M $230.8M $216.6M
YoY Change 1.53% 47.32% 52.59%

Cashflow Statement

Concept 2016 Q2 2015 Q2 2015 Q1
OPERATING ACTIVITIES
Net Income $1.800M $2.340M $1.861M
YoY Change -23.08% 69.57% 31.61%
Depreciation, Depletion And Amortization $1.530M $1.530M $1.570M
YoY Change 0.0% 47.12% 57.0%
Cash From Operating Activities -$3.080M $670.0K $1.840M
YoY Change -559.7% -175.28% -36.33%
INVESTING ACTIVITIES
Capital Expenditures -$2.480M -$1.660M -$2.450M
YoY Change 49.4% -49.54% 31.72%
Acquisitions
YoY Change
Other Investing Activities $0.00 $2.180M $2.540M
YoY Change -100.0%
Cash From Investing Activities -$2.480M $510.0K $100.0K
YoY Change -586.27% -115.45% -105.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.640M -1.160M -1.790M
YoY Change -500.0% -114.95% 678.26%
NET CHANGE
Cash From Operating Activities -3.080M 670.0K 1.840M
Cash From Investing Activities -2.480M 510.0K 100.0K
Cash From Financing Activities 4.640M -1.160M -1.790M
Net Change In Cash -920.0K 20.00K 150.0K
YoY Change -4700.0% -99.44% -81.48%
FREE CASH FLOW
Cash From Operating Activities -$3.080M $670.0K $1.840M
Capital Expenditures -$2.480M -$1.660M -$2.450M
Free Cash Flow -$600.0K $2.330M $4.290M
YoY Change -125.75% -2.92% -9.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4696000 USD
us-gaap Restructuring Charges
RestructuringCharges
250000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--07-02
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Period End Date
DocumentPeriodEndDate
2016-04-02
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000719733
CY2016Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10710606 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
KEY TRONIC CORP
dei Trading Symbol
TradingSymbol
ktcc
CY2016Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
67800000 USD
CY2014Q2 ktcc Account Purchase Agreement Maximum Aggregate Amount
AccountPurchaseAgreementMaximumAggregateAmount
50000000 USD
CY2015Q3 ktcc Account Purchase Agreement Maximum Aggregate Amount
AccountPurchaseAgreementMaximumAggregateAmount
20000000 USD
CY2015Q2 ktcc Accounts Receivable Factored To Banking Institutions
AccountsReceivableFactoredToBankingInstitutions
900000 USD
CY2016Q2 ktcc Accounts Receivable Factored To Banking Institutions
AccountsReceivableFactoredToBankingInstitutions
2000000 USD
ktcc Maximum Amount Of Income Tax Benefits Percentage Realized Upon Ultimate Settlement
MaximumAmountOfIncomeTaxBenefitsPercentageRealizedUponUltimateSettlement
0.50
CY2015Q1 ktcc Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
5800000 USD
CY2015Q1 ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
5000000 USD
ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
5700000 USD
CY2015Q2 ktcc Total Other Assets Non Current
TotalOtherAssetsNonCurrent
25356000 USD
CY2016Q2 ktcc Total Other Assets Non Current
TotalOtherAssetsNonCurrent
27661000 USD
ktcc Trade Accounts Receivable Sold To Third Party
TradeAccountsReceivableSoldToThirdParty
5000000 USD
ktcc Trade Accounts Receivable Sold To Third Party
TradeAccountsReceivableSoldToThirdParty
58200000 USD
CY2015Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
61528000 USD
CY2016Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
56212000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4763000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
20000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
402000 USD
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
97000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6379000 USD
CY2016Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
112000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
111000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
2000 USD
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
704000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
845000 USD
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
208000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
208000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
869000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
456000 shares
CY2015Q2 us-gaap Assets
Assets
230794000 USD
CY2016Q2 us-gaap Assets
Assets
234332000 USD
CY2015Q2 us-gaap Assets Current
AssetsCurrent
178464000 USD
CY2016Q2 us-gaap Assets Current
AssetsCurrent
179325000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
2582000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
4387000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
337046000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
361060000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5803000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
345000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
372000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
275000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5458000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-97000 USD
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2016Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000 shares
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10706000 shares
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10711000 shares
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10706000 shares
CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10711000 shares
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
44136000 USD
CY2016Q2 us-gaap Common Stock Value
CommonStockValue
45148000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
423000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4824000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2460000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2771000 USD
CY2015Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
103479000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
290655000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
108493000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
333076000 USD
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
1250000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-904000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2624000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6222000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
0 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
6723000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
6723000 USD
CY2016Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
9678000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3200000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
501000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4376000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4556000 USD
CY2016Q2 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0197
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2019-03-27
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2015Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9467000 USD
CY2016Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7937000 USD
CY2016Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1100000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M28D
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
50000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
402000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
50000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
402000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1257000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2102000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2125000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
283000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
783000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
818000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1073000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1128000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8312000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7055000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6210000 USD
CY2016Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
2800000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
4000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2015Q2 us-gaap Goodwill
Goodwill
9957000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
9957000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
9436000 USD
us-gaap Gross Profit
GrossProfit
22913000 USD
us-gaap Gross Profit
GrossProfit
9955000 USD
us-gaap Gross Profit
GrossProfit
27984000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2234000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2453000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2137000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5266000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
373000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
489000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
354000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
879000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
11700000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3084000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1278000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6748000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5316000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-2093000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1530000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
808000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16399000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5591000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2712000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1338000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1550000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-1068000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-17250000 USD
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1004000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
906000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
357000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
589000 shares
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7055000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6210000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
317000 USD
us-gaap Interest Expense
InterestExpense
910000 USD
us-gaap Interest Expense
InterestExpense
620000 USD
us-gaap Interest Expense
InterestExpense
1674000 USD
us-gaap Interest Paid
InterestPaid
934000 USD
us-gaap Interest Paid
InterestPaid
1713000 USD
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
8019000 USD
CY2016Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
13450000 USD
CY2015Q2 us-gaap Inventory Net
InventoryNet
91594000 USD
CY2016Q2 us-gaap Inventory Net
InventoryNet
107239000 USD
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
68355000 USD
CY2016Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
75398000 USD
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
15220000 USD
CY2016Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18391000 USD
us-gaap Inventory Write Down
InventoryWriteDown
254000 USD
us-gaap Inventory Write Down
InventoryWriteDown
754000 USD
CY2015Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
300000 USD
CY2016Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
400000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
130026000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
129781000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
230794000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
234332000 USD
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
86789000 USD
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
83051000 USD
CY2015Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
43237000 USD
CY2016Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
46730000 USD
CY2015Q2 us-gaap Line Of Credit
LineOfCredit
11600000 USD
CY2016Q2 us-gaap Line Of Credit
LineOfCredit
18500000 USD
CY2015Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
18000000 USD
CY2016Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
26100000 USD
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
31300000 USD
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
27500000 USD
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
35000000 USD
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
26250000 USD
CY2016Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
22500000 USD
CY2015Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
11631000 USD
CY2016Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
18543000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36187000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3508000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-48642000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3837000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6997000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
232000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
1861000 USD
us-gaap Net Income Loss
NetIncomeLoss
1964000 USD
us-gaap Net Income Loss
NetIncomeLoss
1783000 USD
us-gaap Net Income Loss
NetIncomeLoss
4387000 USD
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
6885000 USD
us-gaap Operating Expenses
OperatingExpenses
19550000 USD
us-gaap Operating Expenses
OperatingExpenses
7198000 USD
us-gaap Operating Expenses
OperatingExpenses
21044000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2551000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
3363000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2757000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6940000 USD
CY2015Q2 us-gaap Other Assets Current
OtherAssetsCurrent
13646000 USD
CY2016Q2 us-gaap Other Assets Current
OtherAssetsCurrent
16211000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1621000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1816000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1438000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-6788000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
677000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1616000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-700000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-3500000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
300000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-800000 USD
CY2015Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10794000 USD
CY2016Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
13902000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4855000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5687000 USD
CY2015Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
5000000 USD
CY2016Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
5000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
44000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
56000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
47964000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7147000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10020000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
99379000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
153835000 USD
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
35000000 USD
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6469000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6183000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1147000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
115000 USD
CY2016Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
48000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
48000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
86000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26974000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27346000 USD
CY2015Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
72852000 USD
CY2016Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
55600000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
87893000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
146923000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2500000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3750000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
8969000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 USD
CY2015Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1510000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4143000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1634000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
61395000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
65782000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
112915000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
313568000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
118448000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
361060000 USD
CY2015Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5375000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15407000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5564000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16348000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
540000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
630000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
8000 shares
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
100768000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
104551000 USD
CY2016Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
6900000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3700000 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11556000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11457000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11068000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11298000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10552000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10551000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10711000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10709000 shares
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 quarter ended </font><font style="font-family:inherit;font-size:10pt;">April&#160;2, 2016</font><font style="font-family:inherit;font-size:10pt;"> was a 14 week period, whereas the quarter ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2015</font><font style="font-family:inherit;font-size:10pt;"> was a 13 week period. Fiscal year </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</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;">July 2,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;">, which is a 53 week year. Fiscal year </font><font style="font-family:inherit;font-size:10pt;">2015</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;27, 2015</font><font style="font-family:inherit;font-size:10pt;">, was a 52 week year.</font></div></div>
us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;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%;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&#8217; equity as previously reported.</font></div></div>

Files In Submission

Name View Source Status
0000719733-16-000099-index-headers.html Edgar Link pending
0000719733-16-000099-index.html Edgar Link pending
0000719733-16-000099.txt Edgar Link pending
0000719733-16-000099-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ktcc-20160402.xml Edgar Link completed
ktcc-20160402.xsd Edgar Link pending
ktcc-20160402_cal.xml Edgar Link unprocessable
ktcc-20160402_def.xml Edgar Link unprocessable
ktcc-20160402_lab.xml Edgar Link unprocessable
ktcc-20160402_pre.xml Edgar Link unprocessable
ktcc-4022016x10q.htm Edgar Link pending
q32016exhibit311.htm Edgar Link pending
q32016exhibit312.htm Edgar Link pending
q32016exhibit321.htm Edgar Link pending
q32016exhibit322.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
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
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