2022 Q3 Form 10-K Financial Statement

#000104952122000046 Filed on August 16, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 2021 Q3
Revenue $289.7M $988.2M $250.8M
YoY Change 15.5% 6.95% 15.38%
Cost Of Revenue $170.2M $593.2M $148.1M
YoY Change 14.92% 10.1% 22.57%
Gross Profit $119.6M $395.0M $102.8M
YoY Change 16.34% 2.54% 6.4%
Gross Profit Margin 41.27% 39.97% 40.97%
Selling, General & Admin $44.02M $157.0M $31.59M
YoY Change 39.35% 16.9% -11.02%
% of Gross Profit 36.81% 39.76% 30.73%
Research & Development $24.57M $107.2M $27.72M
YoY Change -11.38% -5.56% 2.66%
% of Gross Profit 20.54% 27.13% 26.97%
Depreciation & Amortization $23.40M $93.42M $20.88M
YoY Change 12.03% 39.26% 64.43%
% of Gross Profit 19.57% 23.65% 20.32%
Operating Expenses $83.04M $363.3M $72.39M
YoY Change 14.71% 19.45% 3.11%
Operating Profit $36.53M $31.61M $22.41M
YoY Change 63.06% -60.98% -15.13%
Interest Expense -$2.434M $5.806M -$587.0K
YoY Change 314.65% 375.12% -26.63%
% of Operating Profit -6.66% 18.37% -2.62%
Other Income/Expense, Net -$2.654M -$7.552M -$758.0K
YoY Change 250.13% 171.17% -147.38%
Pretax Income $22.53M $18.40M $21.06M
YoY Change 6.97% -76.16% -22.0%
Income Tax $5.614M $7.120M $3.136M
% Of Pretax Income 24.92% 38.71% 14.89%
Net Earnings $16.92M $11.28M $17.93M
YoY Change -5.63% -81.83% -34.1%
Net Earnings / Revenue 5.84% 1.14% 7.15%
Basic Earnings Per Share -$0.26 $0.20 $0.32
Diluted Earnings Per Share $296.1K $0.20 $0.32
COMMON SHARES
Basic Shares Outstanding 57.68M shares 55.53M shares 56.23M shares
Diluted Shares Outstanding 55.93M shares 55.90M shares

Balance Sheet

Concept 2022 Q3 2022 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.65M $65.65M $113.8M
YoY Change -42.33% -42.33% -49.81%
Cash & Equivalents $65.65M $65.65M $113.8M
Short-Term Investments
Other Short-Term Assets $31.41M $31.41M $15.89M
YoY Change 97.63% 97.63% -16.79%
Inventory $270.3M $270.3M $221.6M
Prepaid Expenses
Receivables $144.5M $447.9M $128.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $815.3M $815.3M $643.1M
YoY Change 26.77% 26.77% 1.31%
LONG-TERM ASSETS
Property, Plant & Equipment $127.2M $193.6M $128.5M
YoY Change -1.04% -0.69% 46.49%
Goodwill $937.9M $804.9M
YoY Change 16.52% 31.08%
Intangibles $351.5M $307.6M
YoY Change 14.3% 47.34%
Long-Term Investments
YoY Change
Other Assets $6.188M $6.188M $4.675M
YoY Change 32.36% 32.36% -2.14%
Total Long-Term Assets $1.489B $1.489B $1.312B
YoY Change 13.5% 13.5% 34.44%
TOTAL ASSETS
Total Short-Term Assets $815.3M $815.3M $643.1M
Total Long-Term Assets $1.489B $1.489B $1.312B
Total Assets $2.304B $2.304B $1.955B
YoY Change 17.86% 17.86% 21.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $98.67M $98.67M $47.95M
YoY Change 105.78% 105.78% 14.5%
Accrued Expenses $34.95M $79.77M $24.65M
YoY Change 41.79% 23.3% 3.61%
Deferred Revenue $15.49M $38.18M
YoY Change -59.43% 101.21%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $193.9M $193.9M $150.8M
YoY Change 28.58% 28.58% 19.78%
LONG-TERM LIABILITIES
Long-Term Debt $451.5M $451.5M $200.0M
YoY Change 125.75% 125.75%
Other Long-Term Liabilities $10.41M $89.41M $12.38M
YoY Change -15.97% -2.14% -17.63%
Total Long-Term Liabilities $10.41M $540.9M $12.38M
YoY Change -15.97% 85.65% -17.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $193.9M $193.9M $150.8M
Total Long-Term Liabilities $10.41M $540.9M $12.38M
Total Liabilities $767.2M $767.2M $471.0M
YoY Change 62.9% 62.9% 108.46%
SHAREHOLDERS EQUITY
Retained Earnings $385.8M $374.5M
YoY Change 3.01% 19.86%
Common Stock $557.0K $552.0K
YoY Change 0.91% 0.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.537B $1.537B $1.484B
YoY Change
Total Liabilities & Shareholders Equity $2.304B $2.304B $1.955B
YoY Change 17.86% 17.86% 21.38%

Cashflow Statement

Concept 2022 Q3 2022 2021 Q3
OPERATING ACTIVITIES
Net Income $16.92M $11.28M $17.93M
YoY Change -5.63% -81.83% -34.1%
Depreciation, Depletion And Amortization $23.40M $93.42M $20.88M
YoY Change 12.03% 39.26% 64.43%
Cash From Operating Activities -$19.44M -$18.87M $27.15M
YoY Change -171.59% -119.4% -5.41%
INVESTING ACTIVITIES
Capital Expenditures -$8.180M $27.66M -$10.90M
YoY Change -24.95% -39.35% -5.23%
Acquisitions $243.5M
YoY Change -34.7%
Other Investing Activities -$195.0K $3.200M -$67.59M
YoY Change -99.71% -308.06%
Cash From Investing Activities -$8.375M -$274.3M -$78.49M
YoY Change -89.33% -34.2% 582.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.206M
YoY Change 12333.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.116M $245.8M 43.13M
YoY Change -95.09% 19.17% -121.83%
NET CHANGE
Cash From Operating Activities -19.44M -$18.87M 27.15M
Cash From Investing Activities -8.375M -$274.3M -78.49M
Cash From Financing Activities 2.116M $245.8M 43.13M
Net Change In Cash -25.69M -$48.19M -8.211M
YoY Change 212.92% -57.36% -95.45%
FREE CASH FLOW
Cash From Operating Activities -$19.44M -$18.87M $27.15M
Capital Expenditures -$8.180M $27.66M -$10.90M
Free Cash Flow -$11.26M -$46.53M $38.05M
YoY Change -129.58% -190.08% -5.36%

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CY2022 us-gaap Nature Of Operations
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Description of Business<div style="margin-top:5pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Mercury Systems, Inc. is a technology company that delivers commercial innovation to rapidly transform the global aerospace and defense industry. Headquartered in Andover, Massachusetts, the Company's end-to-end processing platform enables a broad range of aerospace and defense programs, optimized for mission success in some of the most challenging and demanding environments. Processing technologies that comprise the Company's platform include signal solutions, display, software applications, networking, storage and secure processing. The Company's innovative solutions are mission-ready, trusted and secure, software-defined and open and modular (the Company's differentiators), to meet customers’ most-pressing high-tech needs, including those specific to the defense community. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 28, 2022, the Company amended its </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">existing revolving credit facility (the "Revolver")</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to increase and extend the borrowing capacity to a $1,100,000, 5-year revolving credit line, with the maturity extended to February 28, 2027. As of July 1, 2022, there was $451,500 of outstanding borrowings on the Revolver. See Note M in the accompanying consolidated financial statements for further discussion of the Revolver. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 29, 2021, the Company acquired Atlanta Micro, Inc. ("Atlanta Micro") </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for a purchase price of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$90,000, </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">subject to net working capital and net debt adjustments. Based in Norcross, Georgia, Atlanta Micro is a leading designer and manufacturer of high-performance RF modules and components, including advanced monolithic microwave integrated circuits ("MMICs") which are critical for high-speed data acquisition applications including electronic warfare, radar and weapons. The Company funded the acquisition through its Revolver.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 27, 2021, the Company signed a definitive agreement to acquire Avalex Technologies (“Avalex”) for a purchase price of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$155,000, </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">subject to net working capital and net debt adjustments. On November 5, 2021, the transaction</span></div><div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">closed and the Company acquired Avalex. Based in Gulf Breeze, Florida, Avalex is a provider of mission-critical avionics, including rugged displays, integrated communications management systems, digital video recorders and warning systems. The Company funded the acquisition with its Revolver.</span></div><div style="margin-top:5pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 27, 2021, the Company acquired Pentek for a purchase price of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$65,000</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, prior to net working capital and net debt adjustments. Based in Upper Saddle River, New Jersey, Pentek is a leading designer and manufacturer of ruggedized, high-performance, commercial off-the-shelf ("COTS") software-defined radio and data acquisition boards, recording systems and subsystems for high-end commercial and defense applications. The acquisition and associated transaction expenses were funded through a combination of cash on hand and Mercury's existing revolving credit facility (the "Revolver"). </span></div><div style="margin-top:5pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On December 30, 2020, the Company acquired Physical Optics Corporation ("POC") for a purchase price of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$310,000</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, prior to net working capital and net debt adjustments. Based in Torrance, California, POC more than doubles Mercury's global avionics business and expands its collective footprint in the platform and mission management market. The Company funded the acquisition through a combination of cash on hand and its existing Revolver. </span></div>For further details on the acquisitions, see Note C to the consolidated financial statements.
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CY2022 us-gaap Use Of Estimates
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<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">U</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">SE</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OF</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> E</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">STIMATES</span></div><div style="margin-top:5pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with Generally Accepted Accounting Principles (“GAAP”) 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.</span></div>
CY2022Q3 mrcy Deferred Sales Commissions Amortization Period Greater Than One Year
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CY2022 mrcy Percentage Of Revenue Recognized
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1131000 usd
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2021 us-gaap Other Restructuring Costs
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CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">C</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ONCENTRATION</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">OF</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> C</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">REDIT</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> R</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ISK</span></div><div style="margin-top:5pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially expose the Company to concentrations of credit risk consist principally of cash, cash equivalents and accounts receivable. The Company places its cash and cash equivalents with financial institutions of high credit quality. As of July 1, 2022 and July 2, 2021, the Company had $65,654 and $113,839, respectively, of cash and cash equivalents on deposit or invested with its financial and lending institutions.</span></div><div style="margin-top:5pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides credit to customers in the normal course of business. The Company performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary. As of July 1, 2022, five customers accounted for 45% of the Company's accounts receivable, unbilled receivables and costs in excess of billings. As of July 2, 2021, five customers accounted for 60% of the Company’s accounts receivable, unbilled receivables and costs in excess of billings. </span></div><div style="margin-top:5pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains an allowance for credit losses to provide for the estimated amount of receivables that will not be fully collected. The allowance is based on the assessment of the following factors: customer creditworthiness; historical payment experience; age of outstanding receivables; and any applicable collateral.</span></div>
CY2022Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
65654000 usd
CY2021Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
113839000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
174000 usd
CY2022 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P3Y
CY2022 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3000000 usd
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1640000 usd
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
905000 usd
CY2022Q3 mrcy Percentage Of Income Tax Examination Minimum Likelihood Of Tax Benefits Being Realized Upon Settlement
PercentageOfIncomeTaxExaminationMinimumLikelihoodOfTaxBenefitsBeingRealizedUponSettlement
0.50
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
3283000 usd
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
3835000 usd
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1870000 usd
CY2022 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
359000 usd
CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2446000 usd
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2839000 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1785000 usd
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2998000 usd
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1613000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1857000 usd
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
3283000 usd
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
3835000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
4739000 usd
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55070000 shares
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
3285000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55527000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
374000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
404000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
569000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55901000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55474000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55115000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
42000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8000 shares
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1768000 usd
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
178410000 usd
CY2021Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
141774000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
64287000 usd
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
58087000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
27642000 usd
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
21779000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
270339000 usd
CY2021Q3 us-gaap Inventory Net
InventoryNet
221640000 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
317078000 usd
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
285855000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
189887000 usd
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
157331000 usd
CY2020 us-gaap Other Restructuring Costs
OtherRestructuringCosts
1805000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
351538000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
127191000 usd
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
128524000 usd
CY2022 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
1333000 usd
CY2022 us-gaap Depreciation
Depreciation
33150000 usd
CY2021 us-gaap Depreciation
Depreciation
25912000 usd
CY2020 us-gaap Depreciation
Depreciation
18770000 usd
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reporting_unit
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reporting_unit
CY2021Q3 us-gaap Goodwill
Goodwill
804906000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
937880000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
525801000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
174263000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
351538000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
432268000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
124709000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
307559000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
53487000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
47540000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
42836000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
38199000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
35093000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
132991000 usd
CY2022Q3 mrcy Finite Lived Intangible Assets Including Residual Value
FiniteLivedIntangibleAssetsIncludingResidualValue
350146000 usd
CY2022Q3 us-gaap Acquired Finite Lived Intangible Asset Residual Value
AcquiredFiniteLivedIntangibleAssetResidualValue
1392000 usd
CY2022 mrcy Restructuring Charges Net
RestructuringChargesNet
27445000 usd
CY2020 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
20 position
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10020000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
69888000 usd
CY2020Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
597000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
4752000 usd
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
4343000 usd
CY2021Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1006000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
9477000 usd
CY2022 us-gaap Payments For Restructuring
PaymentsForRestructuring
5761000 usd
CY2022Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
4722000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66366000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66373000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11246000 usd
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
71508000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
81134000 usd
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
81528000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
11119000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
7923000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10502000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15076000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M6D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0458
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0466
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14757000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13696000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13142000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11127000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10467000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
34315000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
97504000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
16370000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
81134000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13626000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12997000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12137000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11571000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9682000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
40017000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
100030000 usd
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18502000 usd
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
81528000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
14332000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
11714000 usd
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
10029000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
24286000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
85101000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
93388000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-5891000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-7928000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
545000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18395000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
77173000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
93933000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3857000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12157000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8442000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.067
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-230000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-995000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1077000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
3627000 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
11162000 usd
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
7365000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3626000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6271000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3407000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2721000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2689000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2327000 usd
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
905000 usd
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
3582000 usd
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
1080000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2535000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
435000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
475000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
53000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-50000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-699000 usd
CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
2588000 usd
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
385000 usd
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-224000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7120000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15129000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8221000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.081
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.061
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.395
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.109
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.119
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.103
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.013
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.031
CY2022 mrcy Effective Income Tax Rate Reconciliation Excess Tax Benefits On Stock Compensation Percent
EffectiveIncomeTaxRateReconciliationExcessTaxBenefitsOnStockCompensationPercent
-0.053
CY2021 mrcy Effective Income Tax Rate Reconciliation Excess Tax Benefits On Stock Compensation Percent
EffectiveIncomeTaxRateReconciliationExcessTaxBenefitsOnStockCompensationPercent
0.037
CY2020 mrcy Effective Income Tax Rate Reconciliation Excess Tax Benefits On Stock Compensation Percent
EffectiveIncomeTaxRateReconciliationExcessTaxBenefitsOnStockCompensationPercent
0.077
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.023
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.009
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.209
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.036
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.026
CY2022 mrcy Effective Income Tax Rate Reconciliation Acquisition Costs
EffectiveIncomeTaxRateReconciliationAcquisitionCosts
0.012
CY2021 mrcy Effective Income Tax Rate Reconciliation Acquisition Costs
EffectiveIncomeTaxRateReconciliationAcquisitionCosts
0.004
CY2020 mrcy Effective Income Tax Rate Reconciliation Acquisition Costs
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CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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DefinedBenefitPlanExpectedReturnOnPlanAssets
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CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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277000 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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CY2021 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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CY2021 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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CY2022Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2021Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2022Q3 us-gaap Defined Benefit Plan Benefit Obligation
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CY2021Q3 us-gaap Defined Benefit Plan Benefit Obligation
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CY2021Q3 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2021Q4 mrcy Class Of Warrant Or Right Beneficial Ownership Threshold For Exercise
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CY2022Q2 mrcy Class Of Warrant Or Right Beneficial Ownership Threshold For Exercise
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CY2021Q4 mrcy Class Of Warrant Or Right Beneficial Ownership Threshold For Exercise Passive Investor
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CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1229000 usd
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
796000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38293000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28290000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26538000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10339000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7355000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6900000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
27954000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
19638000 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 mrcy Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Individual Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToIndividualForeignCountries
988197000 usd
CY2022 mrcy Revenues From Transactions With Other Geographic Locations Of Same Entity
RevenuesFromTransactionsWithOtherGeographicLocationsOfSameEntity
0 usd
CY2022 us-gaap Revenues
Revenues
988197000 usd
CY2022Q3 us-gaap Noncurrent Assets
NoncurrentAssets
127191000 usd
CY2021 mrcy Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Individual Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToIndividualForeignCountries
923996000 usd
CY2021 mrcy Revenues From Transactions With Other Geographic Locations Of Same Entity
RevenuesFromTransactionsWithOtherGeographicLocationsOfSameEntity
0 usd
CY2021 us-gaap Revenues
Revenues
923996000 usd
CY2021Q3 us-gaap Noncurrent Assets
NoncurrentAssets
128524000 usd
CY2020 mrcy Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Individual Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToIndividualForeignCountries
796610000 usd
CY2020 mrcy Revenues From Transactions With Other Geographic Locations Of Same Entity
RevenuesFromTransactionsWithOtherGeographicLocationsOfSameEntity
0 usd
CY2020 us-gaap Revenues
Revenues
796610000 usd
CY2020Q3 us-gaap Noncurrent Assets
NoncurrentAssets
87737000 usd
CY2022 us-gaap Revenues
Revenues
988197000 usd
CY2021 us-gaap Revenues
Revenues
923996000 usd
CY2020 us-gaap Revenues
Revenues
796610000 usd
CY2022 us-gaap Revenues
Revenues
988197000 usd
CY2021 us-gaap Revenues
Revenues
923996000 usd
CY2020 us-gaap Revenues
Revenues
796610000 usd
CY2022 us-gaap Revenues
Revenues
988197000 usd
CY2021 us-gaap Revenues
Revenues
923996000 usd
CY2020 us-gaap Revenues
Revenues
796610000 usd
CY2022 us-gaap Revenues
Revenues
988197000 usd
CY2021 us-gaap Revenues
Revenues
923996000 usd
CY2020 us-gaap Revenues
Revenues
796610000 usd
CY2022 dei Auditor Name
AuditorName
KPMG LLP
CY2022 dei Auditor Location
AuditorLocation
Boston, MA
CY2022 dei Auditor Firm
AuditorFirmId
185
CY2022 dei Auditor Firm
AuditorFirmId
185

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0001049521-22-000046-index-headers.html Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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mrcy-20220701.htm Edgar Link pending
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