$MHH
Mastech Digital Inc

2018 Q2 Form 10-Q Financial Statement

#000119312518245237 Filed on August 10, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $44.89M $35.09M
YoY Change 27.95% 4.33%
Cost Of Revenue $34.00M $28.01M
YoY Change 21.4% 4.75%
Gross Profit $10.89M $7.077M
YoY Change 53.91% 2.73%
Gross Profit Margin 24.26% 20.17%
Selling, General & Admin $7.110M $6.095M
YoY Change 16.65% 16.65%
% of Gross Profit 65.28% 86.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $760.0K $260.0K
YoY Change 192.31% 8.33%
% of Gross Profit 6.98% 3.67%
Operating Expenses $6.435M $6.095M
YoY Change 5.58% 16.65%
Operating Profit $4.457M $982.0K
YoY Change 353.87% -40.99%
Interest Expense -$615.0K -$107.0K
YoY Change 474.77% -11.57%
% of Operating Profit -13.8% -10.9%
Other Income/Expense, Net $8.000K $1.000K
YoY Change 700.0% -105.56%
Pretax Income $3.850M $876.0K
YoY Change 339.5% -42.56%
Income Tax $1.033M $180.0K
% Of Pretax Income 26.83% 20.55%
Net Earnings $2.817M $696.0K
YoY Change 304.74% -26.35%
Net Earnings / Revenue 6.27% 1.98%
Basic Earnings Per Share $0.26 $0.08
Diluted Earnings Per Share $0.25 $0.08
COMMON SHARES
Basic Shares Outstanding 10.93M 4.536M shares
Diluted Shares Outstanding 11.14M 4.576M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $750.0K $630.0K
YoY Change 19.05% -14.86%
Cash & Equivalents $747.0K $633.0K
Short-Term Investments
Other Short-Term Assets $1.130M $1.500M
YoY Change -24.67% 48.51%
Inventory
Prepaid Expenses
Receivables $25.05M $16.61M
Other Receivables $0.00 $0.00
Total Short-Term Assets $37.28M $24.67M
YoY Change 51.11% 0.69%
LONG-TERM ASSETS
Property, Plant & Equipment $2.202M $852.0K
YoY Change 158.45% 41.29%
Goodwill $28.11M $8.427M
YoY Change 233.52% 0.0%
Intangibles $24.08M $6.906M
YoY Change 248.74% -10.54%
Long-Term Investments
YoY Change
Other Assets $550.0K $450.0K
YoY Change 22.22% 9.76%
Total Long-Term Assets $54.94M $16.64M
YoY Change 230.27% -3.05%
TOTAL ASSETS
Total Short-Term Assets $37.28M $24.67M
Total Long-Term Assets $54.94M $16.64M
Total Assets $92.23M $41.31M
YoY Change 123.26% -0.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.561M $3.240M
YoY Change 9.91% 11.69%
Accrued Expenses $11.19M $8.180M
YoY Change 36.8% 7.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.384M $1.800M
YoY Change 143.56% 0.0%
Total Short-Term Liabilities $19.24M $13.26M
YoY Change 45.04% 3.36%
LONG-TERM LIABILITIES
Long-Term Debt $33.38M $7.793M
YoY Change 328.36% -34.58%
Other Long-Term Liabilities $8.090M
YoY Change
Total Long-Term Liabilities $33.38M $7.793M
YoY Change 328.36% -34.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.24M $13.26M
Total Long-Term Liabilities $33.38M $7.793M
Total Liabilities $60.71M $21.06M
YoY Change 188.3% -14.91%
SHAREHOLDERS EQUITY
Retained Earnings $15.12M $10.19M
YoY Change 48.32% 31.82%
Common Stock $20.59M $14.20M
YoY Change 45.03% 6.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.174M $4.141M
YoY Change 0.8% 0.49%
Treasury Stock Shares 821.9K shares 819.7K shares
Shareholders Equity $31.52M $20.25M
YoY Change
Total Liabilities & Shareholders Equity $92.23M $41.31M
YoY Change 123.26% -0.85%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $2.817M $696.0K
YoY Change 304.74% -26.35%
Depreciation, Depletion And Amortization $760.0K $260.0K
YoY Change 192.31% 8.33%
Cash From Operating Activities $1.420M $3.750M
YoY Change -62.13% 130.06%
INVESTING ACTIVITIES
Capital Expenditures -$310.0K -$360.0K
YoY Change -13.89% 620.0%
Acquisitions
YoY Change
Other Investing Activities -$70.00K -$10.00K
YoY Change 600.0% -200.0%
Cash From Investing Activities -$380.0K -$370.0K
YoY Change 2.7% 825.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.440M -3.620M
YoY Change -60.22% 114.2%
NET CHANGE
Cash From Operating Activities 1.420M 3.750M
Cash From Investing Activities -380.0K -370.0K
Cash From Financing Activities -1.440M -3.620M
Net Change In Cash -400.0K -240.0K
YoY Change 66.67% 140.0%
FREE CASH FLOW
Cash From Operating Activities $1.420M $3.750M
Capital Expenditures -$310.0K -$360.0K
Free Cash Flow $1.730M $4.110M
YoY Change -57.91% 144.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
829000
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5477300 shares
CY2018Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
239000
CY2018Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
408000
CY2018Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
736000
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
34002000
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
633000
CY2018Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P3Y
CY2017Q2 us-gaap Assets
Assets
41309000
CY2018Q2 us-gaap Assets Current
AssetsCurrent
37283000
CY2018Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
68000
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
408000
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
25045000
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1581000
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
20531000
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
3561000
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-18000
CY2018Q2 us-gaap Assets
Assets
92227000
CY2018Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
8019000
CY2018Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1869000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
747000
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
747000
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6287473 shares
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
63000
CY2018Q2 us-gaap Contractual Obligation
ContractualObligation
3300000
CY2018Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
188000
CY2018Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
98000
CY2018Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
418000
CY2018Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
364000
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9129000
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4345000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2625000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2443000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2654000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2689000
CY2018Q2 us-gaap Goodwill
Goodwill
28106000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2727000
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
24084000
CY2018Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
28429000
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
19236000
CY2018Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
463000
CY2018Q2 us-gaap Liabilities
Liabilities
60705000
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
92227000
CY2018Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4384000
CY2018Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
12000000
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
33382000
CY2018Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1451000
CY2018Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2064000
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2202000
CY2018Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1131000
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3783000
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
15120000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1400000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
429000 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
821923 shares
CY2018Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
10360000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
31522000
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
95000
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
4174000
CY2016Q4 us-gaap Goodwill
Goodwill
8427000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
34673000
CY2017Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
68000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
398000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22876000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1847000
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
20304000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5028000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
17000
CY2017Q4 us-gaap Assets
Assets
98604000
CY2017Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
17125000
CY2017Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1986000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2478000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2478000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6281235 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
63000
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
468000
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
430000
CY2017Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
395000
CY2017Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
255000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8969000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2964000
CY2017Q4 us-gaap Goodwill
Goodwill
35844000
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
25465000
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
28429000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
20109000
CY2017Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
365000
CY2017Q4 us-gaap Liabilities
Liabilities
71451000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
98604000
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4003000
CY2017Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
13000000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
34149000
CY2017Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1395000
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1679000
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1899000
CY2017Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1533000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3746000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10923000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
132000 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
820636 shares
CY2017Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
7786000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
27153000
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
95000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
4154000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
400000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
250000 shares
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
407000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
265000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
904000
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
162000
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
93000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
278000
us-gaap Cost Of Revenue
CostOfRevenue
54900000
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
23000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
20000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3000
us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
23000
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.251 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
6.42
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.035 pure
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.005 pure
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
924000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1198000
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
274000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
301000
us-gaap Gross Profit
GrossProfit
13286000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
407000
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
7000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
42000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-209000
us-gaap Net Income Loss
NetIncomeLoss
897000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
5000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22000
us-gaap Operating Expenses
OperatingExpenses
11901000
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
11901000
us-gaap Operating Income Loss
OperatingIncomeLoss
1385000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
12000
us-gaap Revenues
Revenues
68186000
us-gaap Share Based Compensation
ShareBasedCompensation
215000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
1159 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4563000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4517000 shares
mhh Interest Expenses And Other Net
InterestExpensesAndOtherNet
-187000
mhh Gross Margin Percentage
GrossMarginPercentage
0.195 pure
mhh Income Tax Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
IncomeTaxReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
155000
mhh Effective Income Tax Rate Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
EffectiveIncomeTaxRateReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
0.129 pure
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
90000 shares
dei Amendment Flag
AmendmentFlag
false
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
48000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1382000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-9106000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-140000
dei Document Type
DocumentType
10-Q
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1731000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4162000
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
563000
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
579000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1321000
us-gaap Cost Of Revenue
CostOfRevenue
67074000
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
179000
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
162000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
76000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
280000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
20000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1514000
us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
258000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.273 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
16.02
dei Entity Central Index Key
EntityCentralIndexKey
0001437226
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034 pure
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-161000
dei Entity Registrant Name
EntityRegistrantName
Mastech Digital, Inc.
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.031 pure
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-7000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7738000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3117000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5776000
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2659000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1579000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1467000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-528000
us-gaap Gross Profit
GrossProfit
21153000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1213000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-332000
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
179000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
199000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
4753000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
160000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1088000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
385000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-552000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-452000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-566000
us-gaap Net Income Loss
NetIncomeLoss
4197000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-35000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
44000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-31000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segments
us-gaap Operating Expenses
OperatingExpenses
14258000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-161000
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
15626000
us-gaap Operating Income Loss
OperatingIncomeLoss
6895000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
9000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
71000
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
20000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
443000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
1543000
us-gaap Profit Loss
ProfitLoss
4197000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10000
us-gaap Repayments Of Debt
RepaymentsOfDebt
1906000
us-gaap Revenues
Revenues
88227000
us-gaap Share Based Compensation
ShareBasedCompensation
225000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
1287 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1800000 shares
dei Trading Symbol
TradingSymbol
MHH
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
14.92
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
40000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5553000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5462000 shares
us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0
mhh Interest Expenses And Other Net
InterestExpensesAndOtherNet
-1119000
mhh Business Combination Contingent Consideration Liability Cash Payments
BusinessCombinationContingentConsiderationLiabilityCashPayments
0
mhh Payments For Recovery Of Noncurrent Deposits
PaymentsForRecoveryOfNoncurrentDeposits
109000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
28000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
506000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-4000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1277000
mhh Gross Margin Percentage
GrossMarginPercentage
0.240 pure
mhh Income Tax Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
IncomeTaxReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
12000
mhh Effective Income Tax Rate Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
EffectiveIncomeTaxRateReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
0.002 pure
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
19000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-196000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-154000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
755000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
1434000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
81000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-186000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-412000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-282000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
498000
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
7000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
397000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
68000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
557000
us-gaap Profit Loss
ProfitLoss
897000
us-gaap Repayments Of Debt
RepaymentsOfDebt
900000
us-gaap Share Based Compensation
ShareBasedCompensation
215000
mhh Payments For Recovery Of Noncurrent Deposits
PaymentsForRecoveryOfNoncurrentDeposits
15000
CY2018Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
800000
CY2017 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
17125000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
27417000
CY2017 mhh Business Combination Contingent Consideration Liability Cash Payments
BusinessCombinationContingentConsiderationLiabilityCashPayments
0
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
250000 shares
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
204000
CY2017Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
265000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
697000
CY2017Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
95000
CY2017Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
51000
CY2017Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
161000
CY2017Q2 us-gaap Cost Of Revenue
CostOfRevenue
28009000
CY2017Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
15000
CY2017Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
17000
CY2017Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2000
CY2017Q2 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
19000
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.205 pure
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2017Q2 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
6.42
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.038 pure
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.004 pure
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
727000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
876000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
149000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
180000
CY2017Q2 us-gaap Gross Profit
GrossProfit
7077000
CY2017Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1000
CY2017Q2 us-gaap Revenues
Revenues
35086000
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
108000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
1159 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4576000 shares
CY2017Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
33000
CY2017Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-107000
CY2017Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
298000
CY2017Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
4000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
696000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1000
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
6095000
CY2017Q2 mhh Income Tax Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
IncomeTaxReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
155000
CY2017Q2 mhh Effective Income Tax Rate Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
EffectiveIncomeTaxRateReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
0.177 pure
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
90000 shares
CY2017Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
6095000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
982000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
689000
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4536000 shares
CY2017Q2 mhh Interest Expenses And Other Net
InterestExpensesAndOtherNet
-106000
CY2017Q2 mhh Gross Margin Percentage
GrossMarginPercentage
0.202 pure
CY2018Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-9106000
CY2018Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-140000
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2733000
CY2018Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
89000
CY2018Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
159000
CY2018Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
109000
CY2018Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
29000
CY2018Q2 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
297000
CY2018Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7738000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1820000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3850000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2030000
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268 pure
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2018Q2 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
16.02
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.031 pure
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.030 pure
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
6435000
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-119000
CY2018Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
7803000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4457000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1033000
CY2018Q2 us-gaap Gross Profit
GrossProfit
10892000
CY2018Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
809000
CY2018Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
116000
CY2018Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
118000
CY2018Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-615000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
2817000
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-84000
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
13000
CY2018Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-71000
CY2018Q2 us-gaap Revenues
Revenues
44894000
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
120000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
1287 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5571000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5463000 shares
CY2018Q2 mhh Interest Expenses And Other Net
InterestExpensesAndOtherNet
-607000
CY2018Q2 mhh Gross Margin Percentage
GrossMarginPercentage
0.243 pure
CY2018Q2 mhh Income Tax Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
IncomeTaxReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
10000
CY2018Q2 mhh Effective Income Tax Rate Reconciliation Changes In Excess Tax Benefit From Stock Options And Restricted Shares
EffectiveIncomeTaxRateReconciliationChangesInExcessTaxBenefitFromStockOptionsAndRestrictedShares
0.003 pure

Files In Submission

Name View Source Status
0001193125-18-245237-index-headers.html Edgar Link pending
0001193125-18-245237-index.html Edgar Link pending
0001193125-18-245237.txt Edgar Link pending
0001193125-18-245237-xbrl.zip Edgar Link pending
d639749d10q.htm Edgar Link pending
d639749dex311.htm Edgar Link pending
d639749dex312.htm Edgar Link pending
d639749dex321.htm Edgar Link pending
d639749dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mhh-20180630.xml Edgar Link completed
mhh-20180630.xsd Edgar Link pending
mhh-20180630_cal.xml Edgar Link unprocessable
mhh-20180630_def.xml Edgar Link unprocessable
mhh-20180630_lab.xml Edgar Link unprocessable
mhh-20180630_pre.xml Edgar Link unprocessable
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
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.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