2015 Form 10-K Financial Statement

#000114420415054446 Filed on September 10, 2015

View on sec.gov

Income Statement

Concept 2015 2014 Q2 2014
Revenue $77.76M $21.52M $74.38M
YoY Change 4.54% -1.28% 4.2%
Cost Of Revenue $51.72M $13.24M $50.67M
YoY Change 2.06% -1.93% 2.03%
Gross Profit $26.05M $8.280M $23.71M
YoY Change 9.84% -0.24% 9.16%
Gross Profit Margin 33.5% 38.48% 31.88%
Selling, General & Admin $20.77M $5.450M $19.40M
YoY Change 7.06% 13.78% 7.72%
% of Gross Profit 79.73% 65.82% 81.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $890.0K $460.0K $945.0K
YoY Change -5.82% -8.0% -9.4%
% of Gross Profit 3.42% 5.56% 3.99%
Operating Expenses $20.77M $5.460M $19.40M
YoY Change 7.06% 13.99% 7.72%
Operating Profit $5.281M $2.820M $4.316M
YoY Change 22.36% -19.66% 16.12%
Interest Expense $215.0K -$60.00K $295.0K
YoY Change -27.12% 0.0% -40.4%
% of Operating Profit 4.07% -2.13% 6.84%
Other Income/Expense, Net -$220.0K $0.00 -$309.0K
YoY Change -28.8% -39.29%
Pretax Income $5.061M $2.760M $4.007M
YoY Change 26.3% -20.0% 24.91%
Income Tax $216.0K $430.0K $531.0K
% Of Pretax Income 4.27% 15.58% 13.25%
Net Earnings $4.845M $2.340M $3.476M
YoY Change 39.38% -27.1% 15.06%
Net Earnings / Revenue 6.23% 10.87% 4.67%
Basic Earnings Per Share $0.25 $0.18
Diluted Earnings Per Share $0.25 $120.4K $0.18
COMMON SHARES
Basic Shares Outstanding 19.16M shares 19.42M shares 19.39M shares
Diluted Shares Outstanding 19.17M shares 19.43M shares

Balance Sheet

Concept 2015 2014 Q2 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.300M $2.500M $2.500M
YoY Change -8.0% -21.88% -21.88%
Cash & Equivalents $2.300M $2.483M $2.500M
Short-Term Investments
Other Short-Term Assets $1.900M $1.700M $1.700M
YoY Change 11.76% -5.56% -5.56%
Inventory $22.80M $21.44M $21.40M
Prepaid Expenses
Receivables $18.00M $16.90M $16.90M
Other Receivables $0.00 $100.0K $100.0K
Total Short-Term Assets $45.00M $42.68M $42.70M
YoY Change 5.39% 2.02% 2.15%
LONG-TERM ASSETS
Property, Plant & Equipment $6.200M $6.394M $6.400M
YoY Change -3.13% -2.92% -3.03%
Goodwill
YoY Change
Intangibles $9.552M
YoY Change -7.57%
Long-Term Investments
YoY Change
Other Assets $4.900M $167.0K $4.700M
YoY Change 4.26% -9.73% -7.84%
Total Long-Term Assets $20.00M $20.69M $20.70M
YoY Change -3.38% -6.26% -6.33%
TOTAL ASSETS
Total Short-Term Assets $45.00M $42.68M $42.70M
Total Long-Term Assets $20.00M $20.69M $20.70M
Total Assets $65.00M $63.36M $63.40M
YoY Change 2.52% -0.84% -0.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.000M $4.082M $4.100M
YoY Change -2.44% 23.03% 24.24%
Accrued Expenses $3.900M $1.737M $3.600M
YoY Change 8.33% -53.05% -2.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.600M $1.600M $1.600M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $9.400M $9.243M $9.200M
YoY Change 2.17% 7.29% 6.98%
LONG-TERM LIABILITIES
Long-Term Debt $9.100M $10.20M $10.20M
YoY Change -10.78% -31.08% -31.08%
Other Long-Term Liabilities $0.00 $200.0K $200.0K
YoY Change -100.0% 0.0% 0.0%
Total Long-Term Liabilities $9.100M $10.20M $10.40M
YoY Change -12.5% -31.08% -30.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.400M $9.243M $9.200M
Total Long-Term Liabilities $9.100M $10.20M $10.40M
Total Liabilities $18.50M $19.61M $19.60M
YoY Change -5.61% -16.79% -16.95%
SHAREHOLDERS EQUITY
Retained Earnings $35.55M
YoY Change 10.84%
Common Stock $16.24M
YoY Change 4.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.044M
YoY Change 10.09%
Treasury Stock Shares 1.630M shares
Shareholders Equity $46.50M $43.75M $43.80M
YoY Change
Total Liabilities & Shareholders Equity $65.00M $63.36M $63.40M
YoY Change 2.52% -0.84% -0.78%

Cashflow Statement

Concept 2015 2014 Q2 2014
OPERATING ACTIVITIES
Net Income $4.845M $2.340M $3.476M
YoY Change 39.38% -27.1% 15.06%
Depreciation, Depletion And Amortization $890.0K $460.0K $945.0K
YoY Change -5.82% -8.0% -9.4%
Cash From Operating Activities $3.890M $470.0K $4.740M
YoY Change -17.93% -75.65% -3.27%
INVESTING ACTIVITIES
Capital Expenditures $730.0K -$140.0K $753.0K
YoY Change -3.05% 133.33% 96.61%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$730.0K -$140.0K -$750.0K
YoY Change -2.67% 133.33% 97.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.194M $285.0K
YoY Change 669.82% -34.48%
Debt Paid & Issued, Net $1.600M $4.600M
YoY Change -65.22% 19.26%
Cash From Financing Activities -3.290M -280.0K -4.740M
YoY Change -30.59% -42.86% 11.01%
NET CHANGE
Cash From Operating Activities 3.890M 470.0K 4.740M
Cash From Investing Activities -730.0K -140.0K -750.0K
Cash From Financing Activities -3.290M -280.0K -4.740M
Net Change In Cash -130.0K 50.00K -750.0K
YoY Change -82.67% -96.38% -400.0%
FREE CASH FLOW
Cash From Operating Activities $3.890M $470.0K $4.740M
Capital Expenditures $730.0K -$140.0K $753.0K
Free Cash Flow $3.160M $610.0K $3.987M
YoY Change -20.74% -69.35% -11.73%

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29000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
24000 USD
CY2015 nssc Surrender Of Common Stock By Employees Cash Flows From Financing Activities
SurrenderOfCommonStockByEmployeesCashFlowsFromFinancingActivities
0 USD
CY2014 nssc Surrender Of Common Stock By Employees Cash Flows From Financing Activities
SurrenderOfCommonStockByEmployeesCashFlowsFromFinancingActivities
452000 USD
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Nature of Business</u>:</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Napco Security Technologies, Inc. and Subsidiaries (the "Company") is a diversified manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products for commercial and residential use. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold worldwide principally to independent distributors, dealers and installers of security equipment.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 12pt; FONT: 10pt Times New Roman, Times, Serif" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company's fiscal year begins on July 1 and ends on June 30. Historically, the end users of the Company's products want to install its products prior to the summer; therefore sales of its products historically peak in the period April 1 through June 30, the Company's fiscal fourth quarter, and are reduced in the period July 1 through September 30, the Company's fiscal first quarter. In addition, demand is affected by the housing and construction markets.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Accounting Estimates</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent gains and losses at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Critical estimates include management's judgments associated with reserves for sales returns and allowances, concentration of credit risk, inventory reserves, intangible assets and income taxes. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
460000 USD
CY2014Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
460000 USD
CY2015 us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
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CY2015 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Advertising and Promotional Costs</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Advertising and promotional costs are included in "Selling, General and Administrative" expenses in the consolidated statements of operations and are expensed as incurred. Advertising expense for the fiscal years ended June 30, 2015 and 2014 was $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1,671,000</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1,408,000</font>, respectively.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
667000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
782000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
529000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
441000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
371000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
313000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
264000 USD
CY2015 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P13Y1M6D
CY2014 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P13Y10M24D
CY2015 nssc Sales Returns And Allowances Percentage
SalesReturnsAndAllowancesPercentage
0.08 pure
CY2014 nssc Sales Returns And Allowances Percentage
SalesReturnsAndAllowancesPercentage
0.08 pure
CY2014Q2 nssc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
25010000 USD
CY2015Q2 nssc Inventory Current And Noncurrent Net Of Reserves
InventoryCurrentAndNoncurrentNetOfReserves
26870000 USD
CY2014Q2 nssc Inventory Current And Noncurrent Net Of Reserves
InventoryCurrentAndNoncurrentNetOfReserves
25010000 USD
CY2015Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
16040000 USD
CY2014Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
16040000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7154000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6488000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8886000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9552000 USD
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
255688 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
145673 shares
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
101000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
76000 USD
CY2015 nssc Share Based Compensation Cost Effect On Earnings Per Share Basic And Diluted
ShareBasedCompensationCostEffectOnEarningsPerShareBasicAndDiluted
0.01
CY2014 nssc Share Based Compensation Cost Effect On Earnings Per Share Basic And Diluted
ShareBasedCompensationCostEffectOnEarningsPerShareBasicAndDiluted
0.00
CY2015Q2 nssc Percentage Of Single Significant Customer Balance To Total Accounts Receivables
PercentageOfSingleSignificantCustomerBalanceToTotalAccountsReceivables
0.22 pure
CY2014Q2 nssc Percentage Of Single Significant Customer Balance To Total Accounts Receivables
PercentageOfSingleSignificantCustomerBalanceToTotalAccountsReceivables
0.12 pure
CY2015 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.13 pure
CY2015Q2 nssc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
26870000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
40018000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
39410000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
890000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
945000 USD
CY2015Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
6000000 USD
CY2015Q2 nssc Number Of Required Debt Repayments From Inception
NumberOfRequiredDebtRepaymentsFromInception
28 pure
CY2015 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
75000 USD
CY2015Q2 us-gaap Debt Instrument Periodic Payment Terms Balloon Payment To Be Paid
DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
3900000 USD
CY2015 us-gaap Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
quarterly
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-49000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
76000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
35000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
31000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-14000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
107000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1721000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1362000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
66000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
63000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
21000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
20000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1069000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
837000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
328000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
144000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-102000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseMealsAndEntertainment
0.013 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseMealsAndEntertainment
0.016 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.004 pure
CY2014Q2 us-gaap Deferred Tax Assets Gross Current
DeferredTaxAssetsGrossCurrent
739000 USD
CY2015Q2 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
0 USD
CY2014Q2 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
0 USD
CY2015Q2 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
634000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.211 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.209 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.065 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.036 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.043 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.133 pure
CY2015Q2 us-gaap Deferred Tax Assets Gross Current
DeferredTaxAssetsGrossCurrent
880000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
40335000 USD
CY2014Q2 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
1005000 USD
CY2015Q2 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
0 USD
CY2014Q2 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
0 USD
CY2014Q2 nssc Unrecognized Tax Benefits Tax Component
UnrecognizedTaxBenefitsTaxComponent
169000 USD
CY2015 nssc Unrecognized Tax Benefits Increases Resulting From Generation Of Additional Research And Development Credits Tax Component
UnrecognizedTaxBenefitsIncreasesResultingFromGenerationOfAdditionalResearchAndDevelopmentCreditsTaxComponent
-67000 USD
CY2015Q2 nssc Unrecognized Tax Benefits Tax Component
UnrecognizedTaxBenefitsTaxComponent
102000 USD
CY2014Q2 nssc Unrecognized Tax Benefits Interest Accrued Component
UnrecognizedTaxBenefitsInterestAccruedComponent
0 USD
CY2015 nssc Unrecognized Tax Benefits Increases Resulting From Generation Of Additional Research And Development Credits Interest Component
UnrecognizedTaxBenefitsIncreasesResultingFromGenerationOfAdditionalResearchAndDevelopmentCreditsInterestComponent
0 USD
CY2015Q2 nssc Unrecognized Tax Benefits Interest Accrued Component
UnrecognizedTaxBenefitsInterestAccruedComponent
0 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
169000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
102000 USD
CY2015 nssc Unrecognized Tax Benefits Increases Resulting From Generation Of Additional Research And Development Credits Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromGenerationOfAdditionalResearchAndDevelopmentCreditsTaxPositions
-67000 USD
CY2015 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
67000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
102000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1027000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
425000 USD
CY2014 nssc Treasury Stock Increase Shares Received As Payment For Stock Option Exercis
TreasuryStockIncreaseSharesReceivedAsPaymentForStockOptionExercis
737000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
76000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2194000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
101000 USD
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
10700000 USD
CY2014Q2 us-gaap Long Term Debt
LongTermDebt
11800000 USD
CY2015Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.017 pure
CY2014Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.017 pure
CY2015 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-93000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.020 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.017 pure
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
67000 USD
CY2015 nssc Effective Income Tax Rate Reconciliation Reserve Adjustments
EffectiveIncomeTaxRateReconciliationReserveAdjustments
-0.018 pure
CY2014 nssc Effective Income Tax Rate Reconciliation Reserve Adjustments
EffectiveIncomeTaxRateReconciliationReserveAdjustments
0 pure
CY2014 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
0 USD
CY2015Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
2600000 USD

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