2015 Form 10-K Financial Statement
#000114420415054446 Filed on September 10, 2015
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% |
Facts In Submission
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4000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
3000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
32000 | USD |
CY2014Q3 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
1000000 | shares |
CY2015 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
453048 | shares |
CY2015 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
4.81 | |
CY2015 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1570000 | USD |
CY2014 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1740000 | USD |
CY2015 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
-472000 | USD |
CY2014 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
-827000 | USD |
CY2015 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
66000 | USD |
CY2014 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-40000 | USD |
CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
230000 | USD |
CY2014 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
424000 | USD |
CY2015 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
101000 | USD |
CY2014 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
76000 | USD |
CY2015 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1156000 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1347000 | USD |
CY2015 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1388000 | USD |
CY2014 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2276000 | USD |
CY2015 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
57000 | USD |
CY2014 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-230000 | USD |
CY2015 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-121000 | USD |
CY2014 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
57000 | USD |
CY2015 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-6000 | USD |
CY2014 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-5000 | USD |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
21000 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
645000 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
3887000 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
4743000 | USD |
CY2015 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
730000 | USD |
CY2014 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
753000 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-730000 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-753000 | USD |
CY2015 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1600000 | USD |
CY2014 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
4600000 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
500000 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2015 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2194000 | USD |
CY2014 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
285000 | USD |
CY2015 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
25000 | USD |
CY2015 | us-gaap |
Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
|
0 | USD |
CY2014 | us-gaap |
Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
|
124000 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-3294000 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-4736000 | USD |
CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-137000 | USD |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-746000 | USD |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3229000 | USD |
CY2015 | us-gaap |
Interest Paid Net
InterestPaidNet
|
215000 | USD |
CY2014 | us-gaap |
Interest Paid Net
InterestPaidNet
|
312000 | USD |
CY2015 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
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">  </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"> </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"> </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
|
<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">Sales Returns and Other Allowances</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"> </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 analyzes sales returns and is able to make reasonable and reliable estimates of product returns based on the Company’s past history. Estimates for sales returns are based on several factors including actual returns and based on expected return data communicated to it by its customers. Accordingly, the Company believes that its historical returns analysis is an accurate basis for its allowance for sales returns. Actual results could differ from those estimates. As a percentage of gross sales, sales returns, rebates and allowances were <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">8</font></font>% for the each of the fiscal years ended June 30, 2015 and 2014.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
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"> </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 |