$MRCY
MERCURY SYSTEMS INC

2023 Q1 Form 10-Q Financial Statement

#000104952123000005 Filed on February 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4
Revenue $263.5M $229.6M
YoY Change 4.18%
Cost Of Revenue $173.2M $148.6M
YoY Change 11.62%
Gross Profit $90.29M $80.96M
YoY Change -7.18%
Gross Profit Margin 34.27% 35.26%
Selling, General & Admin $44.63M $45.06M
YoY Change 22.4%
% of Gross Profit 49.43% 55.65%
Research & Development $26.52M $26.91M
YoY Change -5.04%
% of Gross Profit 29.37% 33.23%
Depreciation & Amortization $23.89M $27.23M
YoY Change 26.72%
% of Gross Profit 26.46% 33.64%
Operating Expenses $83.95M $88.51M
YoY Change 1.03%
Operating Profit $6.338M -$7.547M
YoY Change 1850.13%
Interest Expense -$6.631M $6.590M
YoY Change 502.38%
% of Operating Profit -104.62%
Other Income/Expense, Net -$613.0K $846.0K
YoY Change -164.19%
Pretax Income -$5.290M -$13.07M
YoY Change 367.82%
Income Tax -$10.45M -$2.151M
% Of Pretax Income
Net Earnings $5.156M -$10.92M
YoY Change 313.79%
Net Earnings / Revenue 1.96% -4.76%
Basic Earnings Per Share $0.09 -$0.19
Diluted Earnings Per Share $0.09 -$0.19
COMMON SHARES
Basic Shares Outstanding 58.11M shares 57.98M shares
Diluted Shares Outstanding 56.90M shares 56.25M shares

Balance Sheet

Concept 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $64.44M $76.94M
YoY Change -19.69%
Cash & Equivalents $64.44M $76.94M
Short-Term Investments
Other Short-Term Assets $28.37M $28.62M
YoY Change -5.5%
Inventory $342.8M $312.0M
Prepaid Expenses
Receivables $502.3M $145.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $937.9M $896.9M
YoY Change 26.54%
LONG-TERM ASSETS
Property, Plant & Equipment $183.4M $122.0M
YoY Change -4.24%
Goodwill $938.1M $938.1M
YoY Change -0.45%
Intangibles $310.6M $323.4M
YoY Change -14.0%
Long-Term Investments
YoY Change
Other Assets $13.82M $7.884M
YoY Change 88.34%
Total Long-Term Assets $1.446B $1.451B
YoY Change -4.66%
TOTAL ASSETS
Total Short-Term Assets $937.9M $896.9M
Total Long-Term Assets $1.446B $1.451B
Total Assets $2.384B $2.348B
YoY Change 5.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $111.2M $87.22M
YoY Change 46.86%
Accrued Expenses $54.21M $30.20M
YoY Change -3.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $220.2M $200.6M
YoY Change 22.55%
LONG-TERM LIABILITIES
Long-Term Debt $511.5M $511.5M
YoY Change 155.75%
Other Long-Term Liabilities $84.87M $9.141M
YoY Change -41.6%
Total Long-Term Liabilities $596.4M $9.141M
YoY Change -41.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $220.2M $200.6M
Total Long-Term Liabilities $596.4M $9.141M
Total Liabilities $823.0M $803.9M
YoY Change 8.1%
SHAREHOLDERS EQUITY
Retained Earnings $365.7M $360.5M
YoY Change -1.15%
Common Stock $567.0K $564.0K
YoY Change 1.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.561B $1.544B
YoY Change
Total Liabilities & Shareholders Equity $2.384B $2.348B
YoY Change 5.25%

Cashflow Statement

Concept 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $5.156M -$10.92M
YoY Change 313.79%
Depreciation, Depletion And Amortization $23.89M $27.23M
YoY Change 26.72%
Cash From Operating Activities -$3.217M $35.39M
YoY Change -1864.31%
INVESTING ACTIVITIES
Capital Expenditures $9.446M $13.18M
YoY Change 145.04%
Acquisitions
YoY Change
Other Investing Activities $48.00K $52.00K
YoY Change -98.39%
Cash From Investing Activities -$9.398M -$13.12M
YoY Change 52.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 2.393M
YoY Change -132.71%
NET CHANGE
Cash From Operating Activities -3.217M 35.39M
Cash From Investing Activities -9.398M -13.12M
Cash From Financing Activities 0.000 2.393M
Net Change In Cash -12.61M 24.66M
YoY Change -236.74%
FREE CASH FLOW
Cash From Operating Activities -$3.217M $35.39M
Capital Expenditures $9.446M $13.18M
Free Cash Flow -$12.66M $22.22M
YoY Change -400.91%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001049521
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-12-30
dei Document Period End Date
DocumentPeriodEndDate
2022-12-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-23599
dei Entity Registrant Name
EntityRegistrantName
MERCURY SYSTEMS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MA
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-2741391
dei Entity Address Address Line1
EntityAddressAddressLine1
50 MINUTEMAN ROAD
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
01810
dei Entity Address City Or Town
EntityAddressCityOrTown
ANDOVER
dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
dei City Area Code
CityAreaCode
978
dei Local Phone Number
LocalPhoneNumber
256-1300
dei Security12g Title
Security12gTitle
Common Stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
MRCY
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
58107888 shares
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76944000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65654000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2070000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2074000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
145855000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
144494000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
333491000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
303356000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
311976000 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6188000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
270339000 usd
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
0 usd
CY2022Q3 us-gaap Prepaid Taxes
PrepaidTaxes
7503000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
28615000 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
23906000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
896881000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
815252000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
121989000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
127191000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
938093000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
937880000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
323434000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
351538000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
59671000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66366000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7884000 usd
CY2022Q4 us-gaap Assets
Assets
2347952000 usd
CY2022Q3 us-gaap Assets
Assets
2304415000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
87221000 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
98673000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
30203000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
34954000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
30456000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
44813000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
13421000 usd
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
39274000 usd
CY2022Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
15487000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
200575000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
193927000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
12713000 usd
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
32398000 usd
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
6237000 usd
CY2022Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
9112000 usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
511500000 usd
CY2022Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
451500000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
63694000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
69888000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9141000 usd
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10405000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
803860000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
767230000 usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
85000000 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
85000000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
56365078 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
56365078 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55679747 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
55679747 shares
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
564000 usd
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
557000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1173026000 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1145323000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
360519000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
385774000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
9983000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
5531000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1544092000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1537185000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2347952000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2304415000 usd
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
445393000 usd
CY2022Q4 us-gaap Cost Of Revenue
CostOfRevenue
148628000 usd
CY2021Q4 us-gaap Cost Of Revenue
CostOfRevenue
133158000 usd
us-gaap Cost Of Revenue
CostOfRevenue
298112000 usd
us-gaap Cost Of Revenue
CostOfRevenue
269762000 usd
CY2022Q4 us-gaap Gross Profit
GrossProfit
80960000 usd
CY2021Q4 us-gaap Gross Profit
GrossProfit
87222000 usd
us-gaap Gross Profit
GrossProfit
159055000 usd
us-gaap Gross Profit
GrossProfit
175631000 usd
CY2022Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
45057000 usd
CY2021Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36810000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
84000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
73766000 usd
CY2022Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26906000 usd
CY2021Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28335000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
54672000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
57217000 usd
CY2022Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13536000 usd
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16002000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28110000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29736000 usd
CY2022Q4 us-gaap Restructuring Charges
RestructuringCharges
2069000 usd
CY2021Q4 us-gaap Restructuring Charges
RestructuringCharges
3802000 usd
us-gaap Restructuring Charges
RestructuringCharges
3577000 usd
us-gaap Restructuring Charges
RestructuringCharges
16076000 usd
CY2022Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
939000 usd
CY2021Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2660000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
3437000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4798000 usd
CY2022Q4 us-gaap Operating Expenses
OperatingExpenses
88507000 usd
CY2021Q4 us-gaap Operating Expenses
OperatingExpenses
87609000 usd
us-gaap Operating Expenses
OperatingExpenses
173796000 usd
us-gaap Operating Expenses
OperatingExpenses
181593000 usd
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7547000 usd
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-387000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-14741000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5962000 usd
CY2022Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
220000 usd
CY2021Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
5000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
249000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
14000 usd
CY2022Q4 us-gaap Interest Expense
InterestExpense
6590000 usd
CY2021Q4 us-gaap Interest Expense
InterestExpense
1094000 usd
us-gaap Interest Expense
InterestExpense
11137000 usd
us-gaap Interest Expense
InterestExpense
1689000 usd
CY2022Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
846000 usd
CY2021Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1318000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2799000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2738000 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13071000 usd
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2794000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28428000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10375000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2151000 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-155000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3173000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-596000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-10920000 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-2639000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25255000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9779000 usd
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56252000 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55520000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56126000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55448000 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56252000 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55520000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56126000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55448000 shares
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-10920000 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-2639000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25255000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9779000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-458000 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3962000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-35000 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-269000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
394000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-25000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-48000 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-48000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-96000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-96000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-445000 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-221000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4452000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
71000 usd
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11365000 usd
CY2021Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2860000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20803000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9708000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1538930000 usd
CY2022Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2022Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2393000 usd
CY2022Q4 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
3269000 usd
CY2022Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 usd
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10865000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-10920000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-445000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1544092000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1479480000 usd
CY2021Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2021Q4 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
2516000 usd
CY2021Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
183000 usd
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8168000 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-2639000 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-221000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1487121000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1537185000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2393000 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
7392000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
63000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17988000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25255000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4452000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1544092000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1484146000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
2516000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
7499000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17666000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9779000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
71000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1487121000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25255000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9779000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50934000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
45556000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17507000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17375000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
6427000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22334000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4206000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
991000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1604000 usd
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-5995000 usd
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30876000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
17937000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
40215000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20425000 usd
us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
-7463000 usd
us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
13572000 usd
mrcy Increase Decrease In Prepaid Expense And Other
IncreaseDecreaseInPrepaidExpenseAndOther
4768000 usd
mrcy Increase Decrease In Prepaid Expense And Other
IncreaseDecreaseInPrepaidExpenseAndOther
245000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-6589000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1004000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-28825000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
13294000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
23871000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1148000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
10537000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-9000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-6706000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-3486000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30647000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4818000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
243255000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20504000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13404000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-102000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3231000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20402000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-259890000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2393000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2516000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
100000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
251500000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
40000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7499000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
62330000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
246517000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-115000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11290000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8670000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
65654000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
113839000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76944000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105169000 usd
us-gaap Interest Paid Net
InterestPaidNet
11191000 usd
us-gaap Interest Paid Net
InterestPaidNet
890000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2528000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17808000 usd
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
5367000 usd
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
3230000 usd
us-gaap Nature Of Operations
NatureOfOperations
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. Mercury's Processing Platform includes 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 aerospace and defense community.</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%">Investors and others should note that the Company announces material financial information using its website (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.mrcy.com</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), Securities and Exchange Commission (“SEC”) filings, press releases, public conference calls, webcasts, and social media, including Twitter (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">twitter.com/mrcy</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">twitter.com/mrcy_CEO</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">) and LinkedIn (</span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.linkedin.com/company/mercury-systems</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">). Therefore, the Company encourages investors and others interested in Mercury to review the information the Company posts on the social media and other communication channels listed on its website.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">U</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">SE</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">OF</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> E</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">STIMATES</span></div><div style="margin-top:6pt;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 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>
us-gaap Accounts Receivable Sale
AccountsReceivableSale
20000000 usd
us-gaap Accounts Receivable Sale
AccountsReceivableSale
20000000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
333491000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
303356000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
39888000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15966000 usd
CY2022Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3068000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7737000 usd
CY2021Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5151000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
18288000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
580318000 usd
mrcy Percentage Of Revenue Recognized
PercentageOfRevenueRecognized
0.64
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56252000 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55520000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56126000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55448000 shares
CY2022Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56252000 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55520000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56126000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55448000 shares
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
511000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
408000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
434000 shares
CY2022Q1 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Consideration Transferred
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred
58000 usd
mrcy Goodwill Amortization Period
GoodwillAmortizationPeriod
P15Y
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
199710000 usd
CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
178410000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
76830000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
64287000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
35436000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
27642000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
311976000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
270339000 usd
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1055000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
4530000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reporting_unit
CY2022Q3 us-gaap Goodwill
Goodwill
937880000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
938093000 usd
CY2022Q4 us-gaap Restructuring Charges
RestructuringCharges
2069000 usd
us-gaap Restructuring Charges
RestructuringCharges
3577000 usd
CY2022Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
4722000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1247000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2151000 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-155000 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13071000 usd
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2794000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3173000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-596000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-28428000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10375000 usd
CY2022Q4 mrcy Discreet Tax Provision
DiscreetTaxProvision
2348000 usd
mrcy Discreet Tax Provision
DiscreetTaxProvision
1745000 usd
mrcy Discreet Tax Provision
DiscreetTaxProvision
878000 usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
511500000 usd
CY2022Q4 us-gaap Interest Expense
InterestExpense
6590000 usd
us-gaap Interest Expense
InterestExpense
11137000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
963000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-48000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-96000 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-48000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-96000 usd
CY2022Q4 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
220000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
441000 usd
CY2021Q4 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
269000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
538000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear
1093000 usd
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.03
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
965000 usd
CY2022Q4 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2748000 usd
CY2021Q4 mrcy Defined Contribution Plan Employer Discretionary Contribution Amount Cash Payment
DefinedContributionPlanEmployerDiscretionaryContributionAmountCashPayment
1711000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
6427000 usd
mrcy Defined Contribution Plan Employer Discretionary Contribution Amount Cash Payment
DefinedContributionPlanEmployerDiscretionaryContributionAmountCashPayment
3822000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1710000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1229000 usd
CY2022Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10258000 usd
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7848000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17507000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17375000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2770000 usd
CY2021Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2040000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4727000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4691000 usd
CY2022Q4 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
7488000 usd
CY2021Q4 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5808000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
12780000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
12684000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
445393000 usd
us-gaap Revenues
Revenues
445393000 usd
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
445393000 usd
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
445393000 usd
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
445393000 usd
CY2022Q4 us-gaap Revenues
Revenues
229588000 usd
CY2021Q4 us-gaap Revenues
Revenues
220380000 usd
us-gaap Revenues
Revenues
457167000 usd
us-gaap Revenues
Revenues
445393000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
121989000 usd
CY2022Q3 us-gaap Noncurrent Assets
NoncurrentAssets
127191000 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
300000000 usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
511500000 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
300000000 usd
CY2022Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0325
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
511500000 usd

Files In Submission

Name View Source Status
mrcy-20221230_cal.xml Edgar Link unprocessable
0001049521-23-000005-index-headers.html Edgar Link pending
0001049521-23-000005-index.html Edgar Link pending
0001049521-23-000005.txt Edgar Link pending
0001049521-23-000005-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mrcy-12302022xexx311.htm Edgar Link pending
mrcy-12302022xexx312.htm Edgar Link pending
mrcy-12302022xexx321.htm Edgar Link pending
mrcy-20221230.htm Edgar Link pending
mrcy-20221230.xsd 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
mrcy-20221230_def.xml Edgar Link unprocessable
mrcy-20221230_lab.xml Edgar Link unprocessable
mrcy-20221230_pre.xml Edgar Link unprocessable
mrcy-20221230_htm.xml Edgar Link completed
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
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable