2019 Q4 Form 10-Q Financial Statement
#000071973320000007 Filed on February 05, 2020
Income Statement
Concept | 2019 Q4 | 2019 Q2 | 2018 Q4 |
---|---|---|---|
Revenue | $116.7M | $105.6M | $123.0M |
YoY Change | -5.13% | -9.78% | 10.12% |
Cost Of Revenue | $108.6M | $97.20M | $113.2M |
YoY Change | -4.03% | -9.75% | 9.94% |
Gross Profit | $8.122M | $8.381M | $9.880M |
YoY Change | -17.79% | -10.55% | 12.27% |
Gross Profit Margin | 6.96% | 7.94% | 8.03% |
Selling, General & Admin | $4.904M | $5.400M | $5.399M |
YoY Change | -9.17% | -5.26% | -4.51% |
% of Gross Profit | 60.38% | 64.43% | 54.65% |
Research & Development | $1.720M | $1.600M | $1.857M |
YoY Change | -7.38% | 0.0% | 24.21% |
% of Gross Profit | 21.18% | 19.09% | 18.8% |
Depreciation & Amortization | $1.530M | $1.780M | $1.860M |
YoY Change | -17.74% | -7.77% | -3.63% |
% of Gross Profit | 18.84% | 21.24% | 18.83% |
Operating Expenses | $6.624M | $7.000M | $7.256M |
YoY Change | -8.71% | -4.11% | 1.5% |
Operating Profit | $1.498M | $1.381M | $2.624M |
YoY Change | -42.91% | -33.25% | 58.93% |
Interest Expense | $524.0K | -$700.0K | $708.0K |
YoY Change | -25.99% | 0.0% | 14.94% |
% of Operating Profit | 34.98% | -50.69% | 26.98% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $974.0K | $732.0K | $1.916M |
YoY Change | -49.16% | -123.09% | 85.12% |
Income Tax | $150.0K | -$100.0K | $327.0K |
% Of Pretax Income | 15.4% | -13.66% | 17.07% |
Net Earnings | $824.0K | $817.0K | $1.589M |
YoY Change | -48.14% | -137.53% | -809.38% |
Net Earnings / Revenue | 0.71% | 0.77% | 1.29% |
Basic Earnings Per Share | $0.08 | $0.08 | $0.15 |
Diluted Earnings Per Share | $0.08 | $0.08 | $0.15 |
COMMON SHARES | |||
Basic Shares Outstanding | 10.76M shares | 10.76M shares | 10.76M shares |
Diluted Shares Outstanding | 10.88M shares | 10.76M shares | 10.88M shares |
Balance Sheet
Concept | 2019 Q4 | 2019 Q2 | 2018 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $500.0K | $600.0K | $200.0K |
YoY Change | 150.0% | 100.0% | -60.0% |
Cash & Equivalents | $499.0K | $601.0K | $165.0K |
Short-Term Investments | |||
Other Short-Term Assets | $20.25M | $16.48M | $18.26M |
YoY Change | 10.9% | 21.15% | 32.31% |
Inventory | $110.1M | $100.4M | $91.62M |
Prepaid Expenses | |||
Receivables | $87.30M | $80.60M | $91.40M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $218.2M | $198.1M | $201.4M |
YoY Change | 8.32% | 1.84% | 11.56% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $30.83M | $29.41M | $27.90M |
YoY Change | 10.47% | 6.77% | -2.0% |
Goodwill | $0.00 | $9.957M | |
YoY Change | -100.0% | 0.0% | |
Intangibles | $0.00 | $657.0K | $3.300M |
YoY Change | -100.0% | -82.37% | -22.5% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.869M | $2.301M | $2.976M |
YoY Change | -37.2% | -20.52% | 41.92% |
Total Long-Term Assets | $10.08M | $10.80M | $23.49M |
YoY Change | -57.1% | -55.85% | -55.04% |
TOTAL ASSETS | |||
Total Short-Term Assets | $218.2M | $198.1M | $201.4M |
Total Long-Term Assets | $10.08M | $10.80M | $23.49M |
Total Assets | $278.2K | $238.3M | $252.8M |
YoY Change | -99.89% | -3.33% | 8.6% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $80.45M | $73.57M | $73.09M |
YoY Change | 10.06% | -3.45% | 18.78% |
Accrued Expenses | $11.50M | $6.800M | $7.800M |
YoY Change | 47.44% | -16.05% | 20.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $7.508M | $5.841M | $5.841M |
YoY Change | 28.54% | 0.0% | 0.0% |
Total Short-Term Liabilities | $108.3M | $93.40M | $93.74M |
YoY Change | 15.49% | -5.57% | 12.03% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $39.10M | $30.40M | $34.40M |
YoY Change | 13.66% | 4.11% | 117.01% |
Other Long-Term Liabilities | $18.00K | $0.00 | $476.0K |
YoY Change | -96.22% | -100.0% | -43.6% |
Total Long-Term Liabilities | $161.4K | $30.45M | $34.87M |
YoY Change | -99.54% | 3.09% | 7.84% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $108.3M | $93.40M | $93.74M |
Total Long-Term Liabilities | $161.4K | $30.45M | $34.87M |
Total Liabilities | $157.2M | $123.9M | $128.6M |
YoY Change | 22.21% | -3.58% | 10.87% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $67.73M | $65.35M | $76.52M |
YoY Change | -11.49% | -10.24% | 3.75% |
Common Stock | $46.82M | $46.68M | $46.52M |
YoY Change | 0.65% | 0.94% | 1.02% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $116.8M | $114.5M | $113.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $274.0M | $238.3M | $252.8M |
YoY Change | 8.36% | -3.33% | 8.6% |
Cashflow Statement
Concept | 2019 Q4 | 2019 Q2 | 2018 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $824.0K | $817.0K | $1.589M |
YoY Change | -48.14% | -137.53% | -809.38% |
Depreciation, Depletion And Amortization | $1.530M | $1.780M | $1.860M |
YoY Change | -17.74% | -7.77% | -3.63% |
Cash From Operating Activities | $1.870M | -$2.470M | -$5.420M |
YoY Change | -134.5% | -133.2% | -1050.88% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.310M | -$2.550M | -$1.920M |
YoY Change | 20.31% | 90.3% | 120.69% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.610M | $1.690M | $1.430M |
YoY Change | 12.59% | -129.14% | -60.39% |
Cash From Investing Activities | -$700.0K | -$850.0K | -$490.0K |
YoY Change | 42.86% | -88.1% | -117.88% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.180M | 3.760M | 4.730M |
YoY Change | -124.95% | -1604.0% | -223.18% |
NET CHANGE | |||
Cash From Operating Activities | 1.870M | -2.470M | -5.420M |
Cash From Investing Activities | -700.0K | -850.0K | -490.0K |
Cash From Financing Activities | -1.180M | 3.760M | 4.730M |
Net Change In Cash | -10.00K | 440.0K | -1.180M |
YoY Change | -99.15% | 780.0% | 122.64% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.870M | -$2.470M | -$5.420M |
Capital Expenditures | -$2.310M | -$2.550M | -$1.920M |
Free Cash Flow | $4.180M | $80.00K | -$3.500M |
YoY Change | -219.43% | -99.09% | -343.06% |
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IncomeTaxExpenseBenefit
|
602000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3182000 | USD | |
CY2019Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
824000 | USD |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1589000 | USD |
CY2019Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | ||
CY2019Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares |
CY2018Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares | |
CY2019Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | ||
CY2019Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10877000 | shares |
CY2018Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10881000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10811000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10986000 | shares | |
CY2019Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
824000 | USD |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1589000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2376000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3182000 | USD | |
CY2019Q4 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
778000 | USD |
CY2018Q4 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-889000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-169000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
2160000 | USD | |
CY2019Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1602000 | USD |
CY2018Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
700000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2207000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5342000 | USD | |
CY2019Q4 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
200000 | USD |
CY2018Q4 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-200000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
100000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
600000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2376000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3182000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3143000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3767000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
15000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
15000 | USD | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
41000 | USD | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
58000 | USD | |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
89000 | USD | |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
16000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
141000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
274000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-206000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-318000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-131000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
13514000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
10787000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-5090000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
7212000 | USD | |
us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
0 | USD | |
us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
6684000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
9754000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-7432000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3689000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4963000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
6877000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3104000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
195000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-350000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
664000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
23000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8438000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5096000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5360000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3586000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
696000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
17000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
|
2695000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
|
3302000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1969000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-267000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
5000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
8000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
5000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
3352000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2936000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
91216000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
94468000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
82554000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
86312000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10305000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5212000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-102000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-151000 | USD | |
CY2019Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
601000 | USD |
CY2018Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
343000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
499000 | USD |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
192000 | USD |
us-gaap |
Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
1718000 | USD | |
us-gaap |
Consideration Received For Beneficial Interest Obtained For Transferring Financial Asset
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
2117000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1235000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1332000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
426000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-50000 | USD | |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
115139000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
123421000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114459000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
118081000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
116807000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
124226000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
116807000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
124226000 | USD |
us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="line-height:120%;padding-top:8px;font-size:10pt;"><span 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 and six month periods ended </span><span style="font-family:inherit;font-size:10pt;">December 28, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">December 29, 2018</span><span style="font-family:inherit;font-size:10pt;">, were 13 and 26 week periods, respectively. Fiscal year </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2020</span><span style="font-family:inherit;font-size:10pt;"> will end on </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 27,</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2020</span><span style="font-family:inherit;font-size:10pt;">, which is a 52 week year. Fiscal year 2019 which ended on </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;">, was also a 52 week year.</span></div> | ||
CY2019Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
14320000 | USD |
CY2019Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
11969000 | USD |
ktcc |
Maximum Amount Of Income Tax Benefits Percentage Realized Upon Ultimate Settlement
MaximumAmountOfIncomeTaxBenefitsPercentageRealizedUponUltimateSettlement
|
0.50 | ||
CY2019Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
17200000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
16200000 | USD |
CY2019Q2 | us-gaap |
Prepaid Rent
PrepaidRent
|
400000 | USD |
ktcc |
Derecognition Favorable Leaseper Asc842
DerecognitionFavorableLeaseperASC842
|
700000 | USD | |
CY2019Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
20638000 | USD |
CY2019Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
11705000 | USD |
CY2019Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
75186000 | USD |
CY2019Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
76757000 | USD |
CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
110144000 | USD |
CY2019Q2 | us-gaap |
Inventory Net
InventoryNet
|
100431000 | USD |
CY2019Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
11900000 | USD |
CY2019Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
10000000.0 | USD |
CY2019Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
5000000.0 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
35000000.0 | USD |
us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
1670000 | USD | |
CY2019Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
11300000 | USD |
CY2019Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
32000000.0 | USD |
CY2019Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
400000 | USD |
CY2019Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
22600000 | USD |
CY2019Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
23400000 | USD |
CY2019Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
400000 | USD |
CY2019Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
21300000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
5000000.0 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
3769000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
7537000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
2917000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
417000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
32018000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
46658000 | USD |
CY2019Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
45000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
46613000 | USD |
CY2019Q4 | ktcc |
Account Purchase Agreement Maximum Aggregate Amount
AccountPurchaseAgreementMaximumAggregateAmount
|
25000000.0 | USD |
ktcc |
Trade Accounts Receivable Sold To Third Party
TradeAccountsReceivableSoldToThirdParty
|
35000000.0 | USD | |
ktcc |
Trade Accounts Receivable Sold To Third Party
TradeAccountsReceivableSoldToThirdParty
|
41100000 | USD | |
CY2019Q4 | ktcc |
Accounts Receivable Factored To Banking Institutions
AccountsReceivableFactoredToBankingInstitutions
|
1700000 | USD |
CY2019Q2 | ktcc |
Accounts Receivable Factored To Banking Institutions
AccountsReceivableFactoredToBankingInstitutions
|
1700000 | USD |
ktcc |
Toll Tax Liability
TollTaxLiability
|
800000 | USD | |
CY2017Q3 | ktcc |
Toll Tax Liability
TollTaxLiability
|
400000 | USD |
CY2019Q2 | ktcc |
Estimated Federal And State Income Taxes And Potential Withholding Taxes
EstimatedFederalAndStateIncomeTaxesAndPotentialWithholdingTaxes
|
800000 | USD |
us-gaap |
Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
|
7800000 | USD | |
CY2019Q4 | us-gaap |
Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
|
9400000 | USD |
CY2019Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
4100000 | USD |
CY2019Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
5300000 | USD |
CY2019Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
824000 | USD |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1589000 | USD |
CY2019Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares |
CY2018Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares |
CY2019Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
117000 | shares |
CY2018Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
121000 | shares |
CY2019Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10877000 | shares |
CY2018Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10881000 | shares |
CY2019Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | |
CY2019Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
CY2019Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
725000 | shares |
CY2018Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1035000 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2376000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3182000 | USD | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10760000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
51000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
226000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10811000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10986000 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
725000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
793000 | shares | |
CY2019Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
300000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y9M18D | ||
CY2019Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
11000 | USD |
CY2019Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
22000 | USD |
CY2019Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
25800000 | USD |
CY2019Q4 | ktcc |
Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
|
7200000 | USD |
ktcc |
Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
|
6300000 | USD | |
CY2018Q4 | ktcc |
Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
|
6700000 | USD |
ktcc |
Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
|
13900000 | USD | |
ktcc |
Notional Amount Of Foreign Currency Forward Contracts
NotionalAmountOfForeignCurrencyForwardContracts
|
6300000 | USD | |
ktcc |
Settlements Of Foreign Currency Exchange Forward Contracts
SettlementsOfForeignCurrencyExchangeForwardContracts
|
12000000.0 | USD | |
CY2019Q4 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.0170 | |
CY2019Q4 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
|
2300000 | USD |
CY2019Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
2500000 | USD |
ktcc |
Derecognition Favorable Leaseper Asc842
DerecognitionFavorableLeaseperASC842
|
700000 | USD | |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2941000 | USD |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2284000 | USD |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD | |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
0 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
8312000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5163000 | USD |
CY2019Q2 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
2492000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
657000 | USD |
CY2019Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD |
CY2018Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
196000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
426000 | USD | |
CY2019Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
22161000 | USD |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
219144000 | USD | |
us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
-224234000 | USD | |
CY2019Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
17071000 | USD |
CY2019Q4 | us-gaap |
Revenues
Revenues
|
116722000 | USD |
CY2018Q4 | us-gaap |
Revenues
Revenues
|
123037000 | USD |
us-gaap |
Revenues
Revenues
|
222007000 | USD | |
us-gaap |
Revenues
Revenues
|
250509000 | USD | |
CY2019Q4 | us-gaap |
Lease Cost
LeaseCost
|
1492000 | USD |
us-gaap |
Lease Cost
LeaseCost
|
2917000 | USD | |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
14876000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
14329000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y3M14D | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.041 | |
CY2019Q4 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1180000 | USD |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2301000 | USD | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2241000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3970000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3371000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2597000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
1595000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
6337000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
20111000 | USD |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
5782000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
14329000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
4777000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
3563000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
2641000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1866000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1271000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
4121000 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
18239000 | USD |