$MRCY
MERCURY SYSTEMS INC

2012 Q4 Form 10-Q Financial Statement

#000119312513045173 Filed on February 08, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2011 Q4
Revenue $46.37M $67.96M
YoY Change -31.77% 22.45%
Cost Of Revenue $32.23M $27.05M
YoY Change 19.17% 13.16%
Gross Profit $16.52M $40.91M
YoY Change -59.61% 29.47%
Gross Profit Margin 35.63% 60.2%
Selling, General & Admin $14.57M $14.42M
YoY Change 1.07% 2.99%
% of Gross Profit 88.2% 35.24%
Research & Development $7.588M $11.72M
YoY Change -35.28% 11.66%
% of Gross Profit 45.92% 28.66%
Depreciation & Amortization $2.191M $1.905M
YoY Change 15.01% 0.26%
% of Gross Profit 13.26% 4.66%
Operating Expenses $24.65M $27.43M
YoY Change -10.12% 10.6%
Operating Profit -$7.362M $13.49M
YoY Change -154.59% 98.31%
Interest Expense $15.00K $9.000K
YoY Change 66.67%
% of Operating Profit 0.07%
Other Income/Expense, Net $116.0K $394.0K
YoY Change -70.56% -1.5%
Pretax Income -$7.259M $13.87M
YoY Change -152.32% 101.06%
Income Tax -$2.299M $4.828M
% Of Pretax Income 34.8%
Net Earnings -$4.784M $9.045M
YoY Change -152.89% 73.94%
Net Earnings / Revenue -10.32% 13.31%
Basic Earnings Per Share -$0.16
Diluted Earnings Per Share -$0.16 $300.0K
COMMON SHARES
Basic Shares Outstanding 30.11M shares 29.46M shares
Diluted Shares Outstanding 30.11M shares 29.97M shares

Balance Sheet

Concept 2012 Q4 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.90M $105.0M
YoY Change -67.71% 18.78%
Cash & Equivalents $33.90M $105.0M
Short-Term Investments
Other Short-Term Assets $21.30M $15.90M
YoY Change 33.96% 96.3%
Inventory $40.78M $22.80M
Prepaid Expenses
Receivables $35.28M $55.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $143.8M $199.0M
YoY Change -27.75% 32.76%
LONG-TERM ASSETS
Property, Plant & Equipment $18.26M $14.50M
YoY Change 25.94% 30.63%
Goodwill $169.5M
YoY Change
Intangibles $39.57M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.446M $4.200M
YoY Change -65.57% -57.14%
Total Long-Term Assets $238.4M $178.7M
YoY Change 33.39% 118.73%
TOTAL ASSETS
Total Short-Term Assets $143.8M $199.0M
Total Long-Term Assets $238.4M $178.7M
Total Assets $382.1M $377.7M
YoY Change 1.18% 63.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.875M $7.200M
YoY Change 23.26% 26.32%
Accrued Expenses $9.822M $20.90M
YoY Change -53.0% 30.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.26M $39.20M
YoY Change -10.05% 35.64%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $1.608M $12.30M
YoY Change -86.93% 25.51%
Total Long-Term Liabilities $1.608M $12.30M
YoY Change -86.93% 24.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.26M $39.20M
Total Long-Term Liabilities $1.608M $12.30M
Total Liabilities $56.06M $59.40M
YoY Change -5.63% 53.49%
SHAREHOLDERS EQUITY
Retained Earnings $96.75M
YoY Change
Common Stock $302.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $326.1M $318.2M
YoY Change
Total Liabilities & Shareholders Equity $382.1M $377.7M
YoY Change 1.18% 63.08%

Cashflow Statement

Concept 2012 Q4 2011 Q4
OPERATING ACTIVITIES
Net Income -$4.784M $9.045M
YoY Change -152.89% 73.94%
Depreciation, Depletion And Amortization $2.191M $1.905M
YoY Change 15.01% 0.26%
Cash From Operating Activities $1.500M $11.00M
YoY Change -86.36% 35.8%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$2.000M
YoY Change -65.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$100.0K -$70.70M
YoY Change -99.86% 4318.75%
Cash From Investing Activities -$800.0K -$72.50M
YoY Change -98.9% 1913.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.600M 700.0K
YoY Change 271.43% -58.82%
NET CHANGE
Cash From Operating Activities 1.500M 11.00M
Cash From Investing Activities -800.0K -72.50M
Cash From Financing Activities 2.600M 700.0K
Net Change In Cash 3.300M -60.80M
YoY Change -105.43% -1080.65%
FREE CASH FLOW
Cash From Operating Activities $1.500M $11.00M
Capital Expenditures -$700.0K -$2.000M
Free Cash Flow $2.200M $13.00M
YoY Change -83.08% 28.71%

Facts In Submission

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dei Trading Symbol
TradingSymbol
MRCY
dei Entity Registrant Name
EntityRegistrantName
MERCURY SYSTEMS INC
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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dei Amendment Flag
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dei Entity Filer Category
EntityFilerCategory
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dei Document Type
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10-Q
dei Document Period End Date
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