$MTRX
MATRIX SERVICE CO Stock $mtrx

$mtrx Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-Q Financial Statement

#000086627317000006 Filed on February 09, 2017

Income Statement

Concept	2016 Q4	2015 Q4
Revenue	$312.7M	$325.9M
YoY Change	-4.07%	-5.51%
Cost Of Revenue	$284.4M	$293.5M
YoY Change	-3.09%	-10.22%
Gross Profit	$28.21M	$30.01M
YoY Change	-5.98%	88.06%
Gross Profit Margin	9.02%	9.21%
Selling, General & Admin	$19.98M	$25.07M
YoY Change	-20.32%	27.74%
% of Gross Profit	70.8%	83.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.090M	$5.290M
YoY Change	-3.78%	-8.32%
% of Gross Profit	18.04%	17.63%
Operating Expenses	$19.98M	$25.07M
YoY Change	-20.32%	27.74%
Operating Profit	$8.237M	$4.935M
YoY Change	66.91%	-234.43%
Interest Expense	$497.0K	$252.0K
YoY Change	97.22%	-16.0%
% of Operating Profit	6.03%	5.11%
Other Income/Expense, Net	$47.00K	-$148.0K
YoY Change	-131.76%	428.57%
Pretax Income	$7.813M	$4.595M
YoY Change	70.03%	-224.49%
Income Tax	$2.563M	$1.477M
% Of Pretax Income	32.8%	32.14%
Net Earnings	$5.250M	$5.431M
YoY Change	-3.33%	65.28%
Net Earnings / Revenue	1.68%	1.67%
Basic Earnings Per Share	$0.20	$0.20
Diluted Earnings Per Share	$0.20	$0.20
COMMON SHARES
Basic Shares Outstanding	26.55M shares	26.72M shares
Diluted Shares Outstanding	26.83M shares	27.25M shares

Balance Sheet

Concept	2016 Q4	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$66.20M	$82.40M
YoY Change	-19.66%	20.12%
Cash & Equivalents	$66.23M	$82.43M
Short-Term Investments
Other Short-Term Assets	$8.318M	$7.236M
YoY Change	14.95%	-1.16%
Inventory	$4.194M	$2.688M
Prepaid Expenses
Receivables	$248.7M	$207.4M
Other Receivables	$500.0K	$5.100M
Total Short-Term Assets	$408.2M	$386.6M
YoY Change	5.58%	2.82%
LONG-TERM ASSETS
Property, Plant & Equipment	$81.28M	$82.84M
YoY Change	-1.88%	-5.03%
Goodwill	$113.0M	$70.61M
YoY Change	60.07%	-2.23%
Intangibles	$29.35M	$21.99M
YoY Change	33.5%	-17.95%
Long-Term Investments
YoY Change
Other Assets	$1.388M	$6.603M
YoY Change	-78.98%	73.58%
Total Long-Term Assets	$227.6M	$185.5M
YoY Change	22.67%	-2.39%
TOTAL ASSETS
Total Short-Term Assets	$408.2M	$386.6M
Total Long-Term Assets	$227.6M	$185.5M
Total Assets	$635.8M	$572.1M
YoY Change	11.12%	1.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$108.3M	$109.3M
YoY Change	-0.98%	17.37%
Accrued Expenses	$45.90M	$34.50M
YoY Change	33.04%	-19.77%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$230.3M	$258.0M
YoY Change	-10.75%	-2.91%
LONG-TERM LIABILITIES
Long-Term Debt	$72.41M	$7.226M
YoY Change	902.1%	-38.71%
Other Long-Term Liabilities	$400.0K
YoY Change
Total Long-Term Liabilities	$72.41M	$7.226M
YoY Change	902.1%	-38.71%
TOTAL LIABILITIES
Total Short-Term Liabilities	$230.3M	$258.0M
Total Long-Term Liabilities	$72.41M	$7.226M
Total Liabilities	$306.0M	$267.2M
YoY Change	14.49%	-6.0%
SHAREHOLDERS EQUITY
Retained Earnings	$237.7M	$209.8M
YoY Change	13.34%	12.51%
Common Stock	$279.0K	$279.0K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$22.84M	$16.73M
YoY Change	36.52%	22.01%
Treasury Stock Shares	1.300M shares	973.2K shares
Shareholders Equity	$331.0M	$307.7M
YoY Change
Total Liabilities & Shareholders Equity	$635.8M	$572.1M
YoY Change	11.12%	1.07%

Cashflow Statement

Concept	2016 Q4	2015 Q4
OPERATING ACTIVITIES
Net Income	$5.250M	$5.431M
YoY Change	-3.33%	65.28%
Depreciation, Depletion And Amortization	$5.090M	$5.290M
YoY Change	-3.78%	-8.32%
Cash From Operating Activities	$18.68M	$24.14M
YoY Change	-22.62%	8840.74%
INVESTING ACTIVITIES
Capital Expenditures	-$2.380M	-$3.580M
YoY Change	-33.52%	-11.6%
Acquisitions
YoY Change
Other Investing Activities	-$39.75M	$10.00K
YoY Change	-397600.0%	-106.25%
Cash From Investing Activities	-$42.14M	-$3.560M
YoY Change	1083.71%	-15.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	54.93M	-6.500M
YoY Change	-945.08%	-2808.33%
NET CHANGE
Cash From Operating Activities	18.68M	24.14M
Cash From Investing Activities	-42.14M	-3.560M
Cash From Financing Activities	54.93M	-6.500M
Net Change In Cash	31.47M	14.08M
YoY Change	123.51%	-480.54%
FREE CASH FLOW
Cash From Operating Activities	$18.68M	$24.14M
Capital Expenditures	-$2.380M	-$3.580M
Free Cash Flow	$21.06M	$27.72M
YoY Change	-24.03%	541.67%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2016-12-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000866273
CY2017Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	26593791	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	MATRIX SERVICE CO
	dei	Trading Symbol TradingSymbol	MTRX
CY2016Q4	mtrx	Amount Of Limit On Canadian Dollar Borrowings AmountOfLimitOnCanadianDollarBorrowings	50000000	USD
CY2016Q2	mtrx	Beginningequitybalancesasadjusted Beginningequitybalancesasadjusted	315566000	USD
CY2016Q2	mtrx	Capacity Constraint Due To Senior Leverage Ratio CapacityConstraintDueToSeniorLeverageRatio	20138000	USD
CY2016Q4	mtrx	Capacity Constraint Due To Senior Leverage Ratio CapacityConstraintDueToSeniorLeverageRatio	0	USD
	mtrx	Consolidated Earnings Before Interest Taxes Depreciation And Amortization Per Credit Agreement ConsolidatedEarningsBeforeInterestTaxesDepreciationAndAmortizationPerCreditAgreement	84000000	USD
CY2016Q4	mtrx	Consolidated Funded Indebtedness ConsolidatedFundedIndebtedness	80000000	USD
	mtrx	Deferred Shares Issued DeferredSharesIssued	615395	shares
	mtrx	Deferred Shares Issued DeferredSharesIssued	393530	shares
CY2016Q4	mtrx	Effectofadoptionofnewaccountingstandardcomparedtooldstandard Eps EffectofadoptionofnewaccountingstandardcomparedtooldstandardEPS	0.01
	mtrx	Effectofadoptionofnewaccountingstandardcomparedtooldstandard Eps EffectofadoptionofnewaccountingstandardcomparedtooldstandardEPS	0.02
CY2016Q4	mtrx	Effectofnewaccountingstandardcomparedtooldstandard Effectofnewaccountingstandardcomparedtooldstandard	100000	USD
	mtrx	Effectofnewaccountingstandardcomparedtooldstandard Effectofnewaccountingstandardcomparedtooldstandard	500000	USD
CY2016Q2	mtrx	Letters Of Credit Subject To Credit Facility LettersOfCreditSubjectToCreditFacility	20755000	USD
CY2016Q4	mtrx	Letters Of Credit Subject To Credit Facility LettersOfCreditSubjectToCreditFacility	15378000	USD
CY2016Q2	mtrx	Line Of Credit Facility Maximum Borrowing Capacity After Consideration Of Capacity Constraint LineOfCreditFacilityMaximumBorrowingCapacityAfterConsiderationOfCapacityConstraint	179862000	USD
CY2016Q4	mtrx	Line Of Credit Facility Maximum Borrowing Capacity After Consideration Of Capacity Constraint LineOfCreditFacilityMaximumBorrowingCapacityAfterConsiderationOfCapacityConstraint	250000000	USD
	mtrx	Other Treasury Share Purchases OtherTreasurySharePurchases	4488000	USD
	mtrx	Other Treasury Share Purchases OtherTreasurySharePurchases	2270000	USD
	mtrx	Other Treasury Shares Acquired OtherTreasurySharesAcquired	200019	shares
	mtrx	Other Treasury Shares Acquired OtherTreasurySharesAcquired	133322	shares
CY2016Q4	mtrx	Prior Sublimiton Canadian Dollar Borrowings PriorSublimitonCanadianDollarBorrowings	40000000	USD
CY2016Q4	mtrx	Senior Leverage Ratio Acquisition Period Maximum SeniorLeverageRatioAcquisitionPeriodMaximum	3.00	Ratio
CY2016Q4	mtrx	Senior Leverage Ratio Acquisition Period Minimum SeniorLeverageRatioAcquisitionPeriodMinimum	1.00	Ratio
CY2016Q4	mtrx	Senior Leverage Ratio Max SeniorLeverageRatioMax	2.50	Ratio
CY2016Q4	mtrx	Senior Leverage Ratio Min SeniorLeverageRatioMin	1.00	Ratio
CY2016Q2	mtrx	Transportation Equipment Gross TransportationEquipmentGross	49046000	USD
CY2016Q4	mtrx	Transportation Equipment Gross TransportationEquipmentGross	48254000	USD
CY2016Q2	mtrx	Uncompleted Contracts Billings UncompletedContractsBillings	1829340000	USD
CY2016Q4	mtrx	Uncompleted Contracts Billings UncompletedContractsBillings	1977907000	USD
CY2016Q2	mtrx	Uncompleted Contracts Costs Incurred And Estimated Earnings Recognized UncompletedContractsCostsIncurredAndEstimatedEarningsRecognized	1875014000	USD
CY2016Q4	mtrx	Uncompleted Contracts Costs Incurred And Estimated Earnings Recognized UncompletedContractsCostsIncurredAndEstimatedEarningsRecognized	1983345000	USD
CY2016Q2	mtrx	Uncompleted Contracts Net UncompletedContractsNet	45674000	USD
CY2016Q4	mtrx	Uncompleted Contracts Net UncompletedContractsNet	5438000	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	141445000	USD
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	108260000	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	190434000	USD
CY2016Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	127058000	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	124659000	USD
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	0	USD
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	0	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3509000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3547000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	3245000	USD
CY2016Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	8403000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	8313000	USD
CY2015Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	800000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1600000	USD
CY2016Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1000000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1800000	USD
CY2016Q2	us-gaap	Assets Assets	564967000	USD
CY2016Q4	us-gaap	Assets Assets	635790000	USD
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	248712000	USD
CY2016Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	2675000	USD
CY2016Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1293000	USD
CY2016Q2	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	9246000	USD
CY2016Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	9171000	USD
CY2016Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	130977000	USD
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	137414000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-6845000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-8842000	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	375446000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	408236000	USD
CY2016Q2	us-gaap	Billings In Excess Of Cost BillingsInExcessOfCost	58327000	USD
CY2016Q4	us-gaap	Billings In Excess Of Cost BillingsInExcessOfCost	74858000	USD
CY2016Q2	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	39224000	USD
CY2016Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	39348000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	726000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	421000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	79239000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	82431000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	71656000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	66230000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	3192000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-5426000	USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27888217	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27888217	shares
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	279000	USD
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	279000	USD
CY2015Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4065000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	11557000	USD
CY2016Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3532000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	12595000	USD
CY2015Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-2313000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-2515000	USD
CY2016Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	USD
CY2015Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1752000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	9042000	USD
CY2016Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3532000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	12595000	USD
CY2016Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	7475000	USD
CY2016Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	4563000	USD
CY2016Q2	us-gaap	Contract Receivable Retainage Due After One Year ContractReceivableRetainageDueAfterOneYear	300000	USD
CY2016Q2	us-gaap	Contract Receivable Retainage Due One Year Or Less ContractReceivableRetainageDueOneYearOrLess	29700000	USD
CY2016Q4	us-gaap	Contract Receivable Retainage Due One Year Or Less ContractReceivableRetainageDueOneYearOrLess	51400000	USD
CY2015Q4	us-gaap	Cost Of Services CostOfServices	293524000	USD
	us-gaap	Cost Of Services CostOfServices	578271000	USD
CY2016Q4	us-gaap	Cost Of Services CostOfServices	284443000	USD
	us-gaap	Cost Of Services CostOfServices	593946000	USD
CY2016Q2	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	45674000	USD
CY2016Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	5438000	USD
CY2016Q2	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	104001000	USD
CY2016Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	80296000	USD
CY2016Q2	us-gaap	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	0	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1390000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	970000	USD
CY2016Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	3719000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	2512000	USD
CY2016Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	3198000	USD
CY2016Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	2855000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10720000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9988000	USD
CY2015Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.58
CY2016Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2015Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.56
CY2016Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-2114000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	43884000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	20999000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	29351000	USD
CY2016Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	29577000	USD
CY2016Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	34946000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	37000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	131000	USD
CY2016Q2	us-gaap	Goodwill Goodwill	78293000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	113019000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	35028000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1073000	USD
CY2015Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.321	Rate
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.338	Rate
CY2016Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.328	Rate
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.333	Rate
CY2016Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	27716000	USD
CY2016Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	21162000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	12827000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14533000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	8471000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	4757000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	3100000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	2615000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3454000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3472000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	3482000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	33826000	USD
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-390000	USD
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	88000	USD
CY2015Q4	us-gaap	Gross Profit GrossProfit	30005000	USD
	us-gaap	Gross Profit GrossProfit	64589000	USD
CY2016Q4	us-gaap	Gross Profit GrossProfit	28212000	USD
	us-gaap	Gross Profit GrossProfit	60490000	USD
CY2015Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	4595000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	19410000	USD
CY2016Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	7813000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	21890000	USD
CY2015Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1477000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6553000	USD
CY2016Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2563000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7298000	USD
CY2015Q4	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	900000	USD
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	1400000	USD
CY2016Q4	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	300000	USD
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	500000	USD
	us-gaap	Interest Paid InterestPaid	399000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	9112000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	8361000	USD
CY2016Q2	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	9000	USD
CY2016Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	486000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-16743000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-34276000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13820000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	48972000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-6840000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1826000	USD
	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	17436000	USD
	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	4883000	USD
	us-gaap	Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract	-4328000	USD
	us-gaap	Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract	-24451000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-85000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	259000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	8861000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3974000	USD
CY2015Q4	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	451000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	550000	shares
CY2016Q4	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	224000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	319000	shares
CY2015Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	76000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	81000	shares
CY2016Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	55000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	53000	shares
CY2016Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	20999000	USD
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	29351000	USD
CY2015Q4	us-gaap	Interest Expense InterestExpense	252000	USD
	us-gaap	Interest Expense InterestExpense	515000	USD
CY2016Q4	us-gaap	Interest Expense InterestExpense	497000	USD
	us-gaap	Interest Expense InterestExpense	740000	USD
	us-gaap	Interest Paid InterestPaid	521000	USD
CY2016Q2	us-gaap	Inventory Net InventoryNet	3935000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	4194000	USD
CY2015Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	60000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	91000	USD
CY2016Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	26000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	38000	USD
CY2016Q2	us-gaap	Liabilities Liabilities	249401000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	305961000	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	564967000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	635790000	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	246030000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	230283000	USD
CY2016Q2	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	173000	USD
CY2016Q4	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	411000	USD
CY2016Q2	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	72412000	USD
CY2016Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	200000000	USD
CY2016Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	250000000	USD
CY2016Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	159107000	USD
CY2016Q4	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	162210000	USD
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	USD
CY2016Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	72412000	USD
CY2016Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	90386000	USD
CY2016Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	91587000	USD
CY2016Q2	us-gaap	Minority Interest MinorityInterest	-1176000	USD
CY2016Q4	us-gaap	Minority Interest MinorityInterest	-1176000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2990000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	70365000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7371000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-43810000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	9687000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-30908000	USD
CY2015Q4	us-gaap	Net Income Loss NetIncomeLoss	5431000	USD
	us-gaap	Net Income Loss NetIncomeLoss	15372000	USD
CY2016Q4	us-gaap	Net Income Loss NetIncomeLoss	5250000	USD
	us-gaap	Net Income Loss NetIncomeLoss	14592000	USD
CY2015Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-2313000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-2515000	USD
CY2016Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	New Accounting Pronouncement Or Change In Accounting Principle Description Of Priorperiod Information Retrospectively Adjusted NewAccountingPronouncementOrChangeInAccountingPrincipleDescriptionOfPriorperiodInformationRetrospectivelyAdjusted	The amendments relating to the presentation of excess tax benefits and tax deficiencies in the statement of cash flows were applied retrospectively. The effect of the retrospective adjustment was to eliminate the presentation of an operating cash outflow and a financing cash inflow for excess tax benefits on exercised stock options and vesting of deferred shares. These eliminations increased net cash provided by operating activities by $3.2 million and decreased net cash provided by financing activities by $3.2 million for the six months ended December 31, 2015. Net cash flows did not change as a result of the retrospective adjustment.
	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	8433000	USD
CY2015Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	4935000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	20036000	USD
CY2016Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	8237000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	22538000	USD
CY2016Q2	us-gaap	Other Assets Current OtherAssetsCurrent	5411000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	8318000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1779000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1388000	USD
CY2015Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1366000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3815000	USD
CY2016Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1718000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1997000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-3815000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1997000	USD
CY2016Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	6621000	USD
CY2016Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	15539000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-119000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-133000	USD
CY2015Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-148000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-202000	USD
CY2016Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	47000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	54000	USD
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	4488000	USD
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	2270000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	168000	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	39798000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7516000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4208000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	457000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	222000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	2753000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	102084000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	8433000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	145000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	196000	USD
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	166000	USD
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	169000	USD
CY2015Q4	us-gaap	Profit Loss ProfitLoss	3118000	USD
	us-gaap	Profit Loss ProfitLoss	12857000	USD
CY2016Q4	us-gaap	Profit Loss ProfitLoss	5250000	USD
	us-gaap	Profit Loss ProfitLoss	14592000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	215708000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	218698000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	84731000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	81284000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	5544000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-34000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	4331000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	29672000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	223157000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	237749000	USD
CY2015Q4	us-gaap	Revenues Revenues	325907000	USD
	us-gaap	Revenues Revenues	646396000	USD
CY2016Q4	us-gaap	Revenues Revenues	314024000	USD
	us-gaap	Revenues Revenues	662254000	USD
CY2015Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	323529000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	642860000	USD
CY2016Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	312655000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3509000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	654436000	USD
CY2015Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	25070000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	44553000	USD
CY2016Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	19975000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	37952000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3547000	USD
	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	8382	shares
	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	9577	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	50337	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	21713	shares
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	166000	USD
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	169000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	457000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	222000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	316742000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	331005000	USD
CY2016Q2	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	343649000	USD
CY2016Q4	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	353845000	USD
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	284554000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	304918000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	315566000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	329829000	USD
CY2016Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	1591072	shares
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1299574	shares
CY2016Q2	us-gaap	Treasury Stock Value TreasuryStockValue	26907000	USD
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	22840000	USD
CY2016Q2	us-gaap	Unapproved Change Orders Amount UnapprovedChangeOrdersAmount	10300000	USD
CY2016Q4	us-gaap	Unapproved Change Orders Amount UnapprovedChangeOrdersAmount	14400000	USD
CY2015Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27248000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27229000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26832000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26842000	shares
CY2015Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26721000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26598000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26553000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26470000	shares
CY2017Q1	us-gaap	Subsequent Event Description SubsequentEventDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Subsequent Event</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 8, 2017, the Company entered into the Fourth Amended and Restated Credit Agreement (the "New Credit Agreement"), by and among the Company and certain foreign subsidiaries, as Borrowers, various subsidiaries of the Company, as Guarantors, JPMorgan Chase Bank, N.A., as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, and the other Lenders party thereto, which replaced the Third Amended and Restated Credit Agreement dated as of November 7, 2011, as previously amended (the "Prior Credit Agreement"). </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The New Credit Agreement provides for a five-year senior secured revolving credit facility of $300.0 million that expires February 8, 2022, which replaces the $250.0 million senior secured revolving credit facility under the Prior Credit Agreement. The new credit facility may be used for working capital, acquisitions, capital expenditures, issuances of letters of credit and other lawful purposes. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The New Credit Agreement includes the following covenants and borrowing limitations:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Leverage Ratio, determined as of the end of each fiscal quarter, may not exceed 3.00 to 1.00. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As with the Prior Credit Agreement, we are required to maintain a Fixed Charge Coverage Ratio, determined as of the end of each fiscal quarter, greater than or equal to 1.25 to 1.00.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asset dispositions (other than dispositions in which 100% of the net cash proceeds therefrom are reinvested into the Company and dispositions of inventory and obsolete or unneeded equipment in the ordinary course of business) are limited to $20.0 million per 12-month period.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The new credit facility will include a sub-facility for revolving loans denominated in Australian Dollars, Canadian Dollars, Euros and Pounds Sterling in an aggregate amount not to exceed the U.S. Dollar equivalent of $75.0 million and a $200.0 million sublimit for letters of credit. Each revolving borrowing under the New Credit Agreement will bear interest at a rate per annum equal to:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The ABR or the Adjusted LIBO Rate, in the case of revolving loans denominated in U.S. Dollars;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Canadian Prime Rate or the CDOR rate, in the case of revolving loans denominated in Canadian Dollars;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Adjusted LIBO Rate, in the case of revolving loans denominated in Pounds Sterling or Australian Dollars;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:60px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The EURIBO Rate, in the case of revolving loans denominated in Euros,</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">in each case, plus the Applicable Margin, which is based on the Company's Leverage Ratio. The Applicable Margin on ABR loans ranges between 0.625% and 1.625%. The Applicable Margin for Adjusted LIBO, EURIBO and CDOR loans ranges between 1.625% and 2.625% and the Applicable Margin for Canadian Prime Rate loans ranges between 2.125% and 3.125%.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The unused credit facility fee is between 0.20% and 0.45% based on the Leverage Ratio.</font></div></div>

Files In Submission

Name	View Source	Status
0000866273-17-000006-index-headers.html	Edgar Link	pending
0000866273-17-000006-index.html	Edgar Link	pending
0000866273-17-000006.txt	Edgar Link	pending
0000866273-17-000006-xbrl.zip	Edgar Link	pending
exhibit102-mtrxx2016x12x31.htm	Edgar Link	pending
exhibit311-mtrxx2016x12x31.htm	Edgar Link	pending
exhibit312-mtrxx2016x12x31.htm	Edgar Link	pending
exhibit321-mtrxx2016x12x31.htm	Edgar Link	pending
exhibit322-mtrxx2016x12x31.htm	Edgar Link	pending
exhibit95-mtrxx2016x12x31x.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mtrx-20161231.xml	Edgar Link	completed
mtrx-20161231.xsd	Edgar Link	pending
mtrx-20161231_cal.xml	Edgar Link	unprocessable
mtrx-20161231_def.xml	Edgar Link	unprocessable
mtrx-20161231_lab.xml	Edgar Link	unprocessable
mtrx-20161231_pre.xml	Edgar Link	unprocessable
mtrx-2016x12x31x10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R5.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

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MTRX
MATRIX SERVICE CO Stock $mtrx

2016 Q4 Form 10-Q Financial Statement

#000086627317000006 Filed on February 09, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTRX MATRIX SERVICE CO Stock $mtrx

2016 Q4 Form 10-Q Financial Statement

#000086627317000006 Filed on February 09, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTRX
MATRIX SERVICE CO Stock $mtrx