$MRCY
MERCURY SYSTEMS INC Stock $mrcy

$mrcy Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000104952115000009 Filed on February 05, 2015

Income Statement

Concept	2014 Q4	2013 Q4
Revenue	$57.09M	$50.93M
YoY Change	12.09%	9.84%
Cost Of Revenue	$30.05M	$26.61M
YoY Change	12.96%	-17.45%
Gross Profit	$27.04M	$24.33M
YoY Change	11.14%	47.21%
Gross Profit Margin	47.36%	47.76%
Selling, General & Admin	$12.68M	$13.94M
YoY Change	-9.09%	-4.32%
% of Gross Profit	46.89%	57.32%
Research & Development	$7.895M	$10.14M
YoY Change	-22.16%	33.66%
% of Gross Profit	29.2%	41.69%
Depreciation & Amortization	$1.590M	$1.942M
YoY Change	-18.13%	-11.36%
% of Gross Profit	5.88%	7.98%
Operating Expenses	$23.50M	$25.99M
YoY Change	-9.58%	5.42%
Operating Profit	$3.539M	-$1.661M
YoY Change	-313.06%	-77.44%
Interest Expense	$8.000K	$11.00K
YoY Change	-27.27%	-26.67%
% of Operating Profit	0.23%
Other Income/Expense, Net	$398.0K	$440.0K
YoY Change	-9.55%	279.31%
Pretax Income	$3.933M	-$1.229M
YoY Change	-420.02%	-83.07%
Income Tax	$1.047M	-$442.0K
% Of Pretax Income	26.62%
Net Earnings	$265.0K	-$1.045M
YoY Change	-125.36%	-78.16%
Net Earnings / Revenue	0.46%	-2.05%
Basic Earnings Per Share	$0.01	-$0.03
Diluted Earnings Per Share	$0.01	-$0.03
COMMON SHARES
Basic Shares Outstanding	32.05M shares	30.99M shares
Diluted Shares Outstanding	32.69M shares	30.99M shares

Balance Sheet

Concept	2014 Q4	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$57.00M	$44.50M
YoY Change	28.09%	31.27%
Cash & Equivalents	$56.99M	$44.54M
Short-Term Investments
Other Short-Term Assets	$24.90M	$25.80M
YoY Change	-3.49%	21.13%
Inventory	$30.01M	$33.14M
Prepaid Expenses
Receivables	$47.43M	$31.12M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$179.0M	$144.5M
YoY Change	23.93%	0.48%
LONG-TERM ASSETS
Property, Plant & Equipment	$12.97M	$16.15M
YoY Change	-19.68%	-11.59%
Goodwill	$168.1M	$176.6M
YoY Change	-4.79%	4.22%
Intangibles	$21.48M	$31.13M
YoY Change	-31.0%	-21.32%
Long-Term Investments
YoY Change
Other Assets	$1.238M	$841.0K
YoY Change	47.21%	-41.84%
Total Long-Term Assets	$206.3M	$225.3M
YoY Change	-8.41%	-5.49%
TOTAL ASSETS
Total Short-Term Assets	$179.0M	$144.5M
Total Long-Term Assets	$206.3M	$225.3M
Total Assets	$385.4M	$369.7M
YoY Change	4.23%	-3.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$11.30M	$3.553M
YoY Change	218.04%	-59.97%
Accrued Expenses	$8.817M	$6.793M
YoY Change	29.8%	-30.84%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$39.46M	$24.33M
YoY Change	62.17%	-31.0%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.165M	$2.021M
YoY Change	-42.36%	25.68%
Total Long-Term Liabilities	$1.165M	$2.021M
YoY Change	-42.36%	25.68%
TOTAL LIABILITIES
Total Short-Term Liabilities	$39.46M	$24.33M
Total Long-Term Liabilities	$1.165M	$2.021M
Total Liabilities	$51.15M	$38.93M
YoY Change	31.39%	-30.55%
SHAREHOLDERS EQUITY
Retained Earnings	$84.86M	$92.22M
YoY Change	-7.98%	-4.68%
Common Stock	$322.0K	$311.0K
YoY Change	3.54%	2.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$334.2M	$330.8M
YoY Change
Total Liabilities & Shareholders Equity	$385.4M	$369.7M
YoY Change	4.23%	-3.24%

Cashflow Statement

Concept	2014 Q4	2013 Q4
OPERATING ACTIVITIES
Net Income	$265.0K	-$1.045M
YoY Change	-125.36%	-78.16%
Depreciation, Depletion And Amortization	$1.590M	$1.942M
YoY Change	-18.13%	-11.36%
Cash From Operating Activities	$8.200M	$7.300M
YoY Change	12.33%	386.67%
INVESTING ACTIVITIES
Capital Expenditures	-$1.200M	-$2.800M
YoY Change	-57.14%	300.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	-$300.0K
YoY Change	-100.0%	200.0%
Cash From Investing Activities	-$1.200M	-$3.100M
YoY Change	-61.29%	287.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.100M	300.0K
YoY Change	266.67%	-88.46%
NET CHANGE
Cash From Operating Activities	8.200M	7.300M
Cash From Investing Activities	-1.200M	-3.100M
Cash From Financing Activities	1.100M	300.0K
Net Change In Cash	8.100M	4.500M
YoY Change	80.0%	36.36%
FREE CASH FLOW
Cash From Operating Activities	$8.200M	$7.300M
Capital Expenditures	-$1.200M	-$2.800M
Free Cash Flow	$9.400M	$10.10M
YoY Change	-6.93%	359.09%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Type DocumentType	10-Q
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3871000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	740000	shares
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8028000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7150000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1047000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
CY2013Q4	mrcy	Disposal Group Including Discontinued Operation Impairmentof Goodwill DisposalGroupIncludingDiscontinuedOperationImpairmentofGoodwill	0	USD
	dei	Entity Central Index Key EntityCentralIndexKey	0001049521
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34149555	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	MERCURY SYSTEMS INC
	dei	Trading Symbol TradingSymbol	MRCY
CY2013Q4	mrcy	Adjusted Earnings Before Interest Taxes Depreciation And Amortization AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization	5237000	USD
	mrcy	Adjusted Earnings Before Interest Taxes Depreciation And Amortization AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization	8560000	USD
CY2014Q4	mrcy	Adjusted Earnings Before Interest Taxes Depreciation And Amortization AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization	10707000	USD
	mrcy	Adjusted Earnings Before Interest Taxes Depreciation And Amortization AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization	18710000	USD
CY2013Q4	mrcy	Disposal Group Including Discontinued Operation Capital Expenditures DisposalGroupIncludingDiscontinuedOperationCapitalExpenditures	18000	USD
	mrcy	Disposal Group Including Discontinued Operation Capital Expenditures DisposalGroupIncludingDiscontinuedOperationCapitalExpenditures	18000	USD
CY2014Q4	mrcy	Disposal Group Including Discontinued Operation Capital Expenditures DisposalGroupIncludingDiscontinuedOperationCapitalExpenditures	0	USD
	mrcy	Disposal Group Including Discontinued Operation Capital Expenditures DisposalGroupIncludingDiscontinuedOperationCapitalExpenditures	0	USD
	mrcy	Disposal Group Including Discontinued Operation Impairmentof Goodwill DisposalGroupIncludingDiscontinuedOperationImpairmentofGoodwill	0	USD
CY2014Q4	mrcy	Disposal Group Including Discontinued Operation Impairmentof Goodwill DisposalGroupIncludingDiscontinuedOperationImpairmentofGoodwill	2283000	USD
	mrcy	Disposal Group Including Discontinued Operation Impairmentof Goodwill DisposalGroupIncludingDiscontinuedOperationImpairmentofGoodwill	2283000	USD
CY2014Q2	mrcy	Disposal Group Including Discontinued Operations Unbilled Receivablesand Costsin Excessof Billings Current DisposalGroupIncludingDiscontinuedOperationsUnbilledReceivablesandCostsinExcessofBillingsCurrent	248000	USD
CY2014Q4	mrcy	Disposal Group Including Discontinued Operations Unbilled Receivablesand Costsin Excessof Billings Current DisposalGroupIncludingDiscontinuedOperationsUnbilledReceivablesandCostsinExcessofBillingsCurrent	133000	USD
	mrcy	Natureof Business Numberof Contractors Using Productsand Services NatureofBusinessNumberofContractorsUsingProductsandServices	25	contractor
	mrcy	Natureof Business Numberof Programs Using Productsand Services NatureofBusinessNumberofProgramsUsingProductsandServices	300	program
	mrcy	Restructuring Expense Reversal RestructuringExpenseReversal	98000	USD
CY2014Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	7054000	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	11300000	USD
CY2014Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	37625000	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	47432000	USD
CY2014Q2	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3154000	USD
CY2014Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3277000	USD
CY2014Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8377000	USD
CY2014Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8817000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1011000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	803000	USD
CY2014Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	241725000	USD
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	248228000	USD
CY2013Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2616000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5604000	USD
CY2014Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2256000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4807000	USD
CY2013Q4	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	1722000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	3638000	USD
CY2014Q4	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	1417000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	3048000	USD
CY2014Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	34000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	77000	USD
CY2013Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1803000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3788000	USD
CY2014Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1762000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3524000	USD
CY2013Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3871000	shares
CY2014Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	654000	shares
CY2014Q2	us-gaap	Assets Assets	373712000	USD
CY2014Q4	us-gaap	Assets Assets	385367000	USD
CY2014Q2	us-gaap	Assets Current AssetsCurrent	160305000	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	179035000	USD
CY2014Q2	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	6233000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	56987000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	5409000	USD
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	32222498	shares
CY2014Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	3330000	USD
CY2014Q2	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	1374000	USD
CY2014Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	1095000	USD
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	494000	USD
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	0	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	39126000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44535000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	47287000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	9700000	USD
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	85000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	85000000	shares
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	31284273	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	32222498	shares
CY2014Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	31284273	shares
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	312000	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	322000	USD
CY2013Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1119000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3316000	USD
CY2014Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	154000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	556000	USD
CY2013Q4	us-gaap	Cost Of Revenue CostOfRevenue	26607000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	55771000	USD
CY2014Q4	us-gaap	Cost Of Revenue CostOfRevenue	30054000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	60116000	USD
CY2014Q2	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	22036000	USD
CY2014Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	19774000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	796000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1314000	USD
CY2014Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	5898000	USD
CY2014Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	8778000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	15216000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	15172000	USD
CY2014Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	5911000	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	5021000	USD
CY2013Q4	us-gaap	Depreciation Depreciation	1942000	USD
	us-gaap	Depreciation Depreciation	3916000	USD
CY2014Q4	us-gaap	Depreciation Depreciation	1590000	USD
	us-gaap	Depreciation Depreciation	3290000	USD
CY2013Q4	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	-0.01
CY2014Q4	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare	-0.08
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Intangible Assets Noncurrent DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsNoncurrent	2062000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Assets Noncurrent DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent	2235000	USD
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Deferred Tax Asset Current DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssetCurrent	77000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Deferred Tax Asset Current DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssetCurrent	88000	USD
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Goodwill Noncurrent DisposalGroupIncludingDiscontinuedOperationGoodwillNoncurrent	2283000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Goodwill Noncurrent DisposalGroupIncludingDiscontinuedOperationGoodwillNoncurrent	0	USD
CY2013Q4	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	-0.01
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	-0.01
CY2014Q4	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	-0.08
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare	-0.09
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Assets Noncurrent DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent	4859000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Intangible Assets Noncurrent DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsNoncurrent	1815000	USD
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Other Noncurrent Assets DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets	39000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Other Noncurrent Assets DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets	33000	USD
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Prepaid And Other Assets DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssets	0	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Prepaid And Other Assets DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssets	340000	USD
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Prepaid And Other Assets Current DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent	124000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Prepaid And Other Assets Current DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent	82000	USD
CY2014Q2	us-gaap	Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent	475000	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent	387000	USD
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.11
CY2014Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-128000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-113000	USD
CY2014Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	9983000	USD
CY2014Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	8979000	USD
CY2013Q4	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	894000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1966000	USD
CY2014Q4	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	839000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1759000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	3000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	536000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	3000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	536000	USD
CY2014Q2	us-gaap	Goodwill Goodwill	168146000	USD
CY2014Q4	us-gaap	Goodwill Goodwill	168146000	USD
CY2013Q4	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2014Q4	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	2283000	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	2283000	USD
CY2013Q4	us-gaap	Gross Profit GrossProfit	24325000	USD
	us-gaap	Gross Profit GrossProfit	45887000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	4650000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-208000	USD
CY2014Q4	us-gaap	Gross Profit GrossProfit	27035000	USD
	us-gaap	Gross Profit GrossProfit	51034000	USD
CY2013Q4	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-787000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-3091000	USD
CY2014Q4	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	2886000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	3603000	USD
CY2013Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-1229000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-4852000	USD
CY2014Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	3933000	USD
CY2013Q4	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.02
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.10
CY2014Q4	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.09
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.11
CY2013Q4	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.02
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.10
CY2014Q4	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.09
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.11
CY2013Q4	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-258000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-210000	USD
CY2014Q4	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-2621000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-2839000	USD
CY2013Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-442000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1761000	USD
CY2014Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1047000	USD
CY2014	us-gaap	Income Tax Reconciliation Tax Credits Research IncomeTaxReconciliationTaxCreditsResearch	894000	USD
CY2014Q4	us-gaap	Income Tax Reconciliation Tax Credits Research IncomeTaxReconciliationTaxCreditsResearch	487000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	5068000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	5512000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-6495000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	4126000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-7332000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	7103000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	123000	USD
	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	-762000	USD
	us-gaap	Increase Decrease In Deferred Revenue And Customer Advances And Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits	2458000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4319000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1584000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-336000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-291000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-192000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-16000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-560000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	182000	USD
	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	6312000	USD
	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	3587000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	568000	USD
CY2014Q4	us-gaap	Interest Expense InterestExpense	8000	USD
	us-gaap	Interest Expense InterestExpense	16000	USD
CY2014Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	25006000	USD
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	21481000	USD
CY2013Q4	us-gaap	Interest Expense InterestExpense	11000	USD
	us-gaap	Interest Expense InterestExpense	26000	USD
CY2013Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-8000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-22000	USD
CY2014Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-4000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-9000	USD
	us-gaap	Interest Paid InterestPaid	26000	USD
	us-gaap	Interest Paid InterestPaid	16000	USD
CY2014Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	5223000	USD
CY2014Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	4057000	USD
CY2014Q2	us-gaap	Inventory Net InventoryNet	31655000	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	30011000	USD
CY2014Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	13755000	USD
CY2014Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	13691000	USD
CY2014Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	12677000	USD
CY2014Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	12263000	USD
CY2013Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	3000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	4000	USD
CY2014Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	4000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	7000	USD
CY2014Q2	us-gaap	Liabilities Liabilities	46565000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	51151000	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	373712000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	385367000	USD
CY2014Q2	us-gaap	Liabilities Current LiabilitiesCurrent	32930000	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	39457000	USD
CY2014Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	1618000	USD
CY2014Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	1583000	USD
CY2014Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Noncurrent LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent	818000	USD
CY2014Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Noncurrent LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent	724000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	240000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1529000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4234000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2122000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	9531000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10406000	USD
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	-1045000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-3301000	USD
CY2014Q4	us-gaap	Net Income Loss NetIncomeLoss	265000	USD
	us-gaap	Net Income Loss NetIncomeLoss	764000	USD
CY2014Q2	us-gaap	Noncurrent Assets NoncurrentAssets	14144000	USD
CY2014Q4	us-gaap	Noncurrent Assets NoncurrentAssets	12968000	USD
	us-gaap	Operating Cycle OperatingCycle	Longer than one year
CY2013Q4	us-gaap	Operating Expenses OperatingExpenses	25986000	USD
	us-gaap	Operating Expenses OperatingExpenses	51589000	USD
CY2014Q4	us-gaap	Operating Expenses OperatingExpenses	23496000	USD
	us-gaap	Operating Expenses OperatingExpenses	46767000	USD
	us-gaap	Stock Issued1 StockIssued1	8832000	USD
CY2013Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-1661000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-5702000	USD
CY2014Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	3539000	USD
CY2014Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-111000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	4267000	USD
CY2014Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	987000	USD
CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1238000	USD
CY2013Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-74000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-15000	USD
CY2014Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1666000	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1165000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	527000	USD
CY2013Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	440000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	872000	USD
CY2014Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	398000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	392000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	300000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000	USD
	us-gaap	Payments For Restructuring PaymentsForRestructuring	1922000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3934000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2123000	USD
CY2014Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3631000	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3835000	USD
CY2014Q2	us-gaap	Prepaid Taxes PrepaidTaxes	1481000	USD
CY2014Q4	us-gaap	Prepaid Taxes PrepaidTaxes	4729000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	580000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1313000	USD
CY2014Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14144000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	12968000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	343000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	320000	USD
CY2013Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10142000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	19454000	USD
CY2014Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	7895000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	15846000	USD
CY2014Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	265000	USD
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	264000	USD
CY2013Q4	us-gaap	Restructuring Charges RestructuringCharges	97000	USD
	us-gaap	Restructuring Charges RestructuringCharges	82000	USD
CY2014Q4	us-gaap	Restructuring Charges RestructuringCharges	1162000	USD
	us-gaap	Restructuring Charges RestructuringCharges	2430000	USD
CY2014Q2	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	2143000	USD
CY2014Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	2651000	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	84099000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	84863000	USD
CY2013Q4	us-gaap	Revenues Revenues	50932000	USD
	us-gaap	Revenues Revenues	101658000	USD
CY2014Q4	us-gaap	Revenues Revenues	57089000	USD
	us-gaap	Revenues Revenues	111150000	USD
CY2014Q2	us-gaap	Sale Leaseback Transaction Deferred Gain Net SaleLeasebackTransactionDeferredGainNet	2086000	USD
CY2014Q4	us-gaap	Sale Leaseback Transaction Deferred Gain Net SaleLeasebackTransactionDeferredGainNet	1507000	USD
CY2013Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	13944000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	28265000	USD
CY2014Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	12677000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	24967000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5752000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4933000	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	3406000	shares
CY2014Q4	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	1022000	USD
CY2014Q4	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Not Possible SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeNotPossible	123
	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Not Possible SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeNotPossible	123
	us-gaap	Stock Issued1 StockIssued1	8313000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	327147000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	334216000	USD
CY2014Q2	us-gaap	Trade Receivables Held For Sale Net TradeReceivablesHeldForSaleNet	925000	USD
CY2014Q4	us-gaap	Trade Receivables Held For Sale Net TradeReceivablesHeldForSaleNet	452000	USD
CY2013Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2014Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	634000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	840000	shares
CY2013Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30988000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30820000	shares
CY2014Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32686000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32720000	shares
CY2013Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30988000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30820000	shares
CY2014Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32052000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	31880000	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mercury Systems, Inc. is a leading high-tech commercial provider of more affordable secure and sensor processing subsystems designed and made in the U.S.A. for critical defense and intelligence applications. The Company delivers innovative solutions, rapid time-to-value and service and support to its defense prime contractor customers. The Company’s products and solutions have been deployed in more than </font><font style="font-family:inherit;font-size:10pt;">300</font><font style="font-family:inherit;font-size:10pt;"> programs with over </font><font style="font-family:inherit;font-size:10pt;">25</font><font style="font-family:inherit;font-size:10pt;"> different defense prime contractors. Key programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program ("SEWIP"), Gorgon Stare, Predator, F-35 and Reaper. The Company’s organizational structure allows it to deliver capabilities that combine technology building blocks and deep domain expertise in the defense sector. The Company believes its total portfolio of services and solutions is unique in the industry for a commercial company.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's goal is to grow and build on its position as a critical component of the defense industrial base and become the leading provider of open and affordable secure and sensor processing subsystems. The Mercury Commercial Electronics (“MCE”) operating segment designs, develops and builds open sensor processing products and subsystems that include embedded processing modules and subsystems, radio frequency (“RF”) and microwave multi-function assemblies as well as subsystems, and RF and microwave components. The Mercury Defense Systems (“MDS”) operating segment provides significant capabilities relating to pre-integrated, open, affordable electronic warfare ("EW"), electronic attack ("EA") and electronic counter measure ("ECM") subsystems and significant capabilities in signals intelligence ("SIGINT"), electro-optical/infrared ("EO/IR") processing technologies and radar environment test and simulation systems. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2014, the Company initiated a plan to divest the Mercury Intelligence Systems (“MIS”) operating segment, based on the Company's strategic direction and investment priorities focusing on its core business. As a result, the Company's MIS operating segment met the “held for sale” criteria in accordance with Financial Accounting Standard Boards (“FASB”) Accounting Standards Codification (“ASC”) 205,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Presentation of Financial Statements, </font><font style="font-family:inherit;font-size:10pt;">(“FASB ASC 205”) as of June 30, 2014 and all reporting periods thereafter (see Note C to the Consolidated Financial Statements). The consolidated financial statements, excluding the statements of cash flows, and the notes to the consolidated financial statements were restated for all periods presented to reflect the discontinuation of the MIS operating segment, in accordance with FASB ASC 205. On January 23, 2015, the Company completed the sale of the MIS operating segment.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">U</font><font style="font-family:inherit;font-size:8pt;">SE</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:8pt;">OF</font><font style="font-family:inherit;font-size:10pt;"> E</font><font style="font-family:inherit;font-size:8pt;">STIMATES</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0001049521-15-000009-index-headers.html	Edgar Link	pending
0001049521-15-000009-index.html	Edgar Link	pending
0001049521-15-000009.txt	Edgar Link	pending
0001049521-15-000009-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
mrcy-12312014xexx311.htm	Edgar Link	pending
mrcy-12312014xexx312.htm	Edgar Link	pending
mrcy-12312014xexx321.htm	Edgar Link	pending
mrcy-20141231.xml	Edgar Link	completed
mrcy-20141231.xsd	Edgar Link	pending
mrcy-20141231_cal.xml	Edgar Link	unprocessable
mrcy-20141231_def.xml	Edgar Link	unprocessable
mrcy-20141231_lab.xml	Edgar Link	unprocessable
mrcy-20141231_pre.xml	Edgar Link	unprocessable
mrcy12312014-10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
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
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MRCY
MERCURY SYSTEMS INC Stock $mrcy

2014 Q4 Form 10-Q Financial Statement

#000104952115000009 Filed on February 05, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MRCY MERCURY SYSTEMS INC Stock $mrcy

2014 Q4 Form 10-Q Financial Statement

#000104952115000009 Filed on February 05, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MRCY
MERCURY SYSTEMS INC Stock $mrcy