2017 Q2 Form 10-Q Financial Statement

#000071973317000011 Filed on May 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q3 2016 Q2
Revenue $113.6M $123.9M $118.4M
YoY Change -4.05% -1.83% -1.68%
Cost Of Revenue $104.5M $113.1M $108.5M
YoY Change -3.72% -3.57% -1.36%
Gross Profit $9.139M $10.84M $10.00M
YoY Change -8.61% 21.55% -3.77%
Gross Profit Margin 8.04% 8.75% 8.45%
Selling, General & Admin $5.721M $5.700M $5.600M
YoY Change 2.16% 2.1% 1.82%
% of Gross Profit 62.6% 52.58% 56.0%
Research & Development $1.569M $1.700M $1.600M
YoY Change -1.94% 9.25% 0.0%
% of Gross Profit 17.17% 15.68% 16.0%
Depreciation & Amortization $1.870M $1.600M $1.530M
YoY Change 22.22% 5.54% 0.0%
% of Gross Profit 20.46% 14.76% 15.3%
Operating Expenses $7.290M $7.300M $7.200M
YoY Change 1.25% 2.26% 1.41%
Operating Profit $1.849M $3.541M $2.800M
YoY Change -33.96% 98.93% -14.95%
Interest Expense $566.0K -$600.0K -$600.0K
YoY Change -194.33% -212.57% 50.0%
% of Operating Profit 30.61% -16.94% -21.43%
Other Income/Expense, Net
YoY Change
Pretax Income $1.283M $2.885M $2.100M
YoY Change -38.9% 131.36% -26.24%
Income Tax $322.0K $700.0K $400.0K
% Of Pretax Income 25.1% 24.26% 19.05%
Net Earnings $961.0K $2.146M $1.800M
YoY Change -46.61% 162.67% -23.08%
Net Earnings / Revenue 0.85% 1.73% 1.52%
Basic Earnings Per Share $0.09 $0.20
Diluted Earnings Per Share $0.09 $0.20 $162.2K
COMMON SHARES
Basic Shares Outstanding 10.76M shares 10.71M shares 10.71M shares
Diluted Shares Outstanding 10.96M shares 10.97M shares

Balance Sheet

Concept 2017 Q2 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $900.0K $1.000M $300.0K
YoY Change 200.0% 900.0% -25.0%
Cash & Equivalents $911.0K $1.018M $275.0K
Short-Term Investments
Other Short-Term Assets $11.23M $11.76M $16.21M
YoY Change -30.71% -24.22% 18.8%
Inventory $98.81M $107.0M $107.2M
Prepaid Expenses
Receivables $62.30M $61.70M $55.60M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $173.3M $181.5M $179.3M
YoY Change -3.37% -7.64% 0.48%
LONG-TERM ASSETS
Property, Plant & Equipment $31.03M $27.93M $27.35M
YoY Change 13.47% 3.82% 1.38%
Goodwill $9.957M $9.957M $9.957M
YoY Change 0.0% 0.0% 0.0%
Intangibles $5.082M $5.928M $6.210M
YoY Change -18.16% -12.49% -11.98%
Long-Term Investments
YoY Change
Other Assets $1.821M $1.673M $1.816M
YoY Change 0.28% 6.36% 12.03%
Total Long-Term Assets $56.40M $54.47M $55.01M
YoY Change 2.53% 13.85% 5.12%
TOTAL ASSETS
Total Short-Term Assets $173.3M $181.5M $179.3M
Total Long-Term Assets $56.40M $54.47M $55.01M
Total Assets $229.7M $235.9M $234.3M
YoY Change -1.99% -3.43% 1.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.39M $58.97M $56.21M
YoY Change -12.14% -21.33% -8.64%
Accrued Expenses $8.000M $9.600M $7.900M
YoY Change 1.27% 28.0% -16.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.841M $5.000M $5.000M
YoY Change 16.82% 0.0% 0.0%
Total Short-Term Liabilities $75.37M $84.11M $83.05M
YoY Change -9.25% -16.43% -4.31%
LONG-TERM LIABILITIES
Long-Term Debt $20.23M $21.25M $22.50M
YoY Change -10.08% -15.0% -14.29%
Other Long-Term Liabilities $3.085M $6.909M $5.687M
YoY Change -45.75% -6.65% 17.14%
Total Long-Term Liabilities $41.55M $46.23M $46.73M
YoY Change -11.08% 3.82% 8.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.37M $84.11M $83.05M
Total Long-Term Liabilities $41.55M $46.23M $46.73M
Total Liabilities $116.9M $130.3M $129.8M
YoY Change -9.91% -10.22% -0.19%
SHAREHOLDERS EQUITY
Retained Earnings $72.21M $67.93M $65.78M
YoY Change 9.77% 9.19% 7.15%
Common Stock $45.63M $45.23M $45.15M
YoY Change 1.07% 1.3% 2.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $112.8M $105.6M $104.6M
YoY Change
Total Liabilities & Shareholders Equity $229.7M $235.9M $234.3M
YoY Change -1.99% -3.43% 1.53%

Cashflow Statement

Concept 2017 Q2 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $961.0K $2.146M $1.800M
YoY Change -46.61% 162.67% -23.08%
Depreciation, Depletion And Amortization $1.870M $1.600M $1.530M
YoY Change 22.22% 5.54% 0.0%
Cash From Operating Activities $4.450M $4.350M -$3.080M
YoY Change -244.48% 236.17% -559.7%
INVESTING ACTIVITIES
Capital Expenditures -$2.630M -$3.260M -$2.480M
YoY Change 6.05% -192.82% 49.4%
Acquisitions
YoY Change
Other Investing Activities $10.00K $1.430M $0.00
YoY Change -41.39% -100.0%
Cash From Investing Activities -$2.620M -$1.830M -$2.480M
YoY Change 5.65% 70.55% -586.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.200M -1.780M 4.640M
YoY Change -147.41% 292.94% -500.0%
NET CHANGE
Cash From Operating Activities 4.450M 4.350M -3.080M
Cash From Investing Activities -2.620M -1.830M -2.480M
Cash From Financing Activities -2.200M -1.780M 4.640M
Net Change In Cash -370.0K 740.0K -920.0K
YoY Change -59.78% -418.97% -4700.0%
FREE CASH FLOW
Cash From Operating Activities $4.450M $4.350M -$3.080M
Capital Expenditures -$2.630M -$3.260M -$2.480M
Free Cash Flow $7.080M $7.610M -$600.0K
YoY Change -1280.0% -443.1% -125.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
ktcc Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
6700000 USD
ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
5700000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--07-01
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-04-01
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000719733
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10759680 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
KEY TRONIC CORP
dei Trading Symbol
TradingSymbol
ktcc
CY2017Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
60700000 USD
CY2015Q3 ktcc Account Purchase Agreement Maximum Aggregate Amount
AccountPurchaseAgreementMaximumAggregateAmount
20000000 USD
CY2016Q3 ktcc Accounts Receivable Factored To Banking Institutions
AccountsReceivableFactoredToBankingInstitutions
1700000 USD
CY2017Q2 ktcc Accounts Receivable Factored To Banking Institutions
AccountsReceivableFactoredToBankingInstitutions
2500000 USD
CY2017Q2 ktcc Advance Pricing Agreement Revenue Transfer
AdvancePricingAgreementRevenueTransfer
1800000 USD
CY2017Q2 ktcc Advance Pricing Agreement Settlement
AdvancePricingAgreementSettlement
400000 USD
ktcc Maximum Amount Of Income Tax Benefits Percentage Realized Upon Ultimate Settlement
MaximumAmountOfIncomeTaxBenefitsPercentageRealizedUponUltimateSettlement
0.50
ktcc Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
7000000 USD
ktcc Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
19000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2460000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2771000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-132000 USD
ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
16300000 USD
CY2017Q2 ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
5200000 USD
ktcc Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
15500000 USD
CY2016Q3 ktcc Total Other Assets Non Current
TotalOtherAssetsNonCurrent
26540000 USD
CY2017Q2 ktcc Total Other Assets Non Current
TotalOtherAssetsNonCurrent
25367000 USD
ktcc Trade Accounts Receivable Sold To Third Party
TradeAccountsReceivableSoldToThirdParty
58200000 USD
ktcc Trade Accounts Receivable Sold To Third Party
TradeAccountsReceivableSoldToThirdParty
59700000 USD
CY2016Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
58967000 USD
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
49390000 USD
CY2016Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7573000 USD
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5076000 USD
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
135000 USD
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
138000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-2000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-3000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
845000 USD
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
846000 USD
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
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
892000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
892000 shares
CY2016Q3 us-gaap Assets
Assets
235924000 USD
CY2017Q2 us-gaap Assets
Assets
229678000 USD
CY2016Q3 us-gaap Assets Current
AssetsCurrent
181459000 USD
CY2017Q2 us-gaap Assets Current
AssetsCurrent
173281000 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
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1018000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
911000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-97000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-107000 USD
CY2016Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2017Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000 shares
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000 shares
CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10725000 shares
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10760000 shares
CY2016Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10725000 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10760000 shares
CY2016Q3 us-gaap Common Stock Value
CommonStockValue
45227000 USD
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
45629000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5724000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6778000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
108493000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
333076000 USD
CY2017Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
104462000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
320793000 USD
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
1250000 USD
CY2017Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
2100000 USD
CY2017Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
44435000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2624000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-811000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
8982000 USD
CY2017Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
8507000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4556000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5300000 USD
CY2016Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0197
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2019-09-25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9571000 USD
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7967000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
900000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M19D
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
402000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
402000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2384000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3230000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1342000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
282000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
784000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
783000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
818000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1073000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8312000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8312000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5928000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5082000 USD
CY2017Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
3500000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
9957000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2017Q2 us-gaap Goodwill
Goodwill
9957000 USD
us-gaap Gross Profit
GrossProfit
9955000 USD
us-gaap Gross Profit
GrossProfit
27984000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
9139000 USD
us-gaap Gross Profit
GrossProfit
28460000 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
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1283000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5479000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
354000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
879000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
322000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1198000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
13000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1278000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
357000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5316000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-9577000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1530000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1604000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16399000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7677000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2712000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-435000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1550000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1304000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-17250000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
656000 USD
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
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
198000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
161000 shares
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5928000 USD
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5082000 USD
us-gaap Interest Expense
InterestExpense
620000 USD
us-gaap Interest Expense
InterestExpense
1674000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
566000 USD
us-gaap Interest Expense
InterestExpense
1707000 USD
us-gaap Interest Paid
InterestPaid
1713000 USD
us-gaap Interest Paid
InterestPaid
1659000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
13384000 USD
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
13892000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
107006000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
98806000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
74634000 USD
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
66172000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18988000 USD
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18742000 USD
us-gaap Inventory Write Down
InventoryWriteDown
754000 USD
us-gaap Inventory Write Down
InventoryWriteDown
523000 USD
CY2016Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
400000 USD
CY2017Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
400000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
130342000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
116916000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
235924000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
229678000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
84110000 USD
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
75365000 USD
CY2016Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
46232000 USD
CY2017Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
41551000 USD
CY2016Q3 us-gaap Line Of Credit
LineOfCredit
18100000 USD
CY2017Q2 us-gaap Line Of Credit
LineOfCredit
18200000 USD
CY2016Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
26500000 USD
CY2017Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
26400000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
44307000 USD
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
35000000 USD
CY2016Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
5000000 USD
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
5841000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
871000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
30354000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5871000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5871000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1468000 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
21250000 USD
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
20233000 USD
CY2016Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
18073000 USD
CY2017Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
18233000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3508000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-232000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3837000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7455000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
232000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7580000 USD
us-gaap Net Income Loss
NetIncomeLoss
1783000 USD
us-gaap Net Income Loss
NetIncomeLoss
4387000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
961000 USD
us-gaap Net Income Loss
NetIncomeLoss
4281000 USD
us-gaap Operating Expenses
OperatingExpenses
7198000 USD
us-gaap Operating Expenses
OperatingExpenses
21044000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
7290000 USD
us-gaap Operating Expenses
OperatingExpenses
21274000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2757000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6940000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1849000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
7186000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
11757000 USD
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
11233000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1673000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1821000 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
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4763000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2497000 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
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
2500000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1300000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10572000 USD
CY2017Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12167000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6909000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3085000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
56000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
221000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
122000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10020000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7568000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3919000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
153835000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
119791000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6183000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
113000 USD
CY2016Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
30000 USD
CY2017Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
28000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27925000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31030000 USD
CY2016Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
61678000 USD
CY2017Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
62331000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
146923000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
119631000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3750000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3968000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1634000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4696000 USD
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1569000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4756000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
67928000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
72209000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
118448000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
361060000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
113601000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
349253000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5564000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16348000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5721000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16518000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
630000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
524000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
385000 USD
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
86000 USD
us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
49000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
105582000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
112762000 USD
CY2017Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
7300000 USD
CY2017Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
128000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3900000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11068000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11298000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10957000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10916000 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
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10759000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10755000 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;1, 2017</font><font style="font-family:inherit;font-size:10pt;"> was a 13 week period, whereas 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. Fiscal year </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2017</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 1,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2017</font><font style="font-family:inherit;font-size:10pt;">, which is a 52 week year. Fiscal year </font><font style="font-family:inherit;font-size:10pt;">2016</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;">July&#160;2, 2016</font><font style="font-family:inherit;font-size:10pt;">, was a 53 week year.</font></div></div>

Files In Submission

Name View Source Status
0000719733-17-000011-index-headers.html Edgar Link pending
0000719733-17-000011-index.html Edgar Link pending
0000719733-17-000011.txt Edgar Link pending
0000719733-17-000011-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ktcc-04012017x10q.htm Edgar Link pending
ktcc-20170401.xml Edgar Link completed
ktcc-20170401.xsd Edgar Link pending
ktcc-20170401_cal.xml Edgar Link unprocessable
ktcc-20170401_def.xml Edgar Link unprocessable
ktcc-20170401_lab.xml Edgar Link unprocessable
ktcc-20170401_pre.xml Edgar Link unprocessable
q32017exhibit311.htm Edgar Link pending
q32017exhibit312.htm Edgar Link pending
q32017exhibit321.htm Edgar Link pending
q32017exhibit322.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
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