$NSSC
NAPCO SECURITY TECHNOLOGIES, INC

2022 Q2 Form 10-Q Financial Statement

#000155837022009125 Filed on May 17, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $43.23M $35.91M $33.41M
YoY Change 22.02% 27.2% 22.8%
Cost Of Revenue $24.01M $20.87M $21.97M
YoY Change 21.94% 36.26% 39.0%
Gross Profit $19.22M $15.03M $11.44M
YoY Change 22.11% 16.44% 0.35%
Gross Profit Margin 44.47% 41.87% 34.25%
Selling, General & Admin $8.924M $8.442M $8.195M
YoY Change 23.65% 41.17% 40.09%
% of Gross Profit 46.42% 56.16% 71.62%
Research & Development $2.106M $2.009M $1.978M
YoY Change 8.28% 5.63% 4.99%
% of Gross Profit 10.96% 13.36% 17.29%
Depreciation & Amortization $451.0K $338.0K $348.0K
YoY Change 5.87% 11.92% 9.09%
% of Gross Profit 2.35% 2.25% 3.04%
Operating Expenses $11.03M $10.45M $10.17M
YoY Change 20.39% 32.59% 31.54%
Operating Profit $8.194M $4.582M $1.270M
YoY Change 24.51% -8.87% -65.39%
Interest Expense -$181.0K -$177.0K $58.00K
YoY Change -477.08% 342.5%
% of Operating Profit -2.21% -3.86% 4.57%
Other Income/Expense, Net
YoY Change
Pretax Income $8.013M $4.405M $1.328M
YoY Change 20.88% -11.62% -63.78%
Income Tax $476.0K $1.132M $291.0K
% Of Pretax Income 5.94% 25.7% 21.91%
Net Earnings $7.537M $3.273M $1.037M
YoY Change 36.12% -24.93% -67.56%
Net Earnings / Revenue 17.44% 9.12% 3.1%
Basic Earnings Per Share $0.09 $0.03
Diluted Earnings Per Share $204.5K $0.09 $0.03
COMMON SHARES
Basic Shares Outstanding 36.73M 36.74M 36.73M
Diluted Shares Outstanding 36.88M 36.90M

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.80M $47.37M $47.37M
YoY Change 16.36% 38.92% 76.75%
Cash & Equivalents $41.73M $42.13M $41.95M
Short-Term Investments $5.068M $5.245M $5.417M
Other Short-Term Assets $2.838M $2.726M $2.615M
YoY Change 17.86% 43.47% 37.63%
Inventory $40.78M $35.10M $29.81M
Prepaid Expenses
Receivables $29.22M $24.21M $23.53M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $119.6M $109.4M $103.3M
YoY Change 25.09% 27.68% 30.36%
LONG-TERM ASSETS
Property, Plant & Equipment $7.939M $7.997M $7.917M
YoY Change 1.31% 3.66% 0.96%
Goodwill
YoY Change
Intangibles $4.300M $4.398M $4.495M
YoY Change -8.34% -8.32% -8.32%
Long-Term Investments
YoY Change
Other Assets $347.0K $370.0K $373.0K
YoY Change 42.8% 50.41% 49.8%
Total Long-Term Assets $28.94M $27.70M $28.06M
YoY Change 7.55% -3.7% -3.33%
TOTAL ASSETS
Total Short-Term Assets $119.6M $109.4M $103.3M
Total Long-Term Assets $28.94M $27.70M $28.06M
Total Assets $148.6M $137.1M $131.4M
YoY Change 21.24% 19.79% 21.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.07M $9.935M $10.11M
YoY Change 81.66% 75.25% 129.65%
Accrued Expenses $9.489M $8.223M $6.713M
YoY Change 44.17% 58.59% 27.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $26.49M $22.74M $19.41M
YoY Change 30.83% 44.73% 44.03%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Other Long-Term Liabilities $8.126M $8.013M $8.009M
YoY Change 1.38% -4.61% -4.65%
Total Long-Term Liabilities $8.126M $8.013M $8.009M
YoY Change 435.31% 269.43% 184.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.49M $22.74M $19.41M
Total Long-Term Liabilities $8.126M $8.013M $8.009M
Total Liabilities $34.79M $31.12M $27.87M
YoY Change 15.32% 17.87% 12.87%
SHAREHOLDERS EQUITY
Retained Earnings $112.9M $105.4M $103.0M
YoY Change 21.0% 17.97% 21.17%
Common Stock $20.40M $20.13M $20.10M
YoY Change 9.7% 10.31% 10.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.52M $19.52M $19.52M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $2.894M $2.894M $2.894M
Shareholders Equity $113.8M $106.0M $102.7M
YoY Change
Total Liabilities & Shareholders Equity $148.6M $137.1M $131.4M
YoY Change 21.24% 19.79% 21.33%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $7.537M $3.273M $1.037M
YoY Change 36.12% -24.93% -67.56%
Depreciation, Depletion And Amortization $451.0K $338.0K $348.0K
YoY Change 5.87% 11.92% 9.09%
Cash From Operating Activities -$81.00K $612.0K $4.338M
YoY Change -101.24% -91.83% -16.09%
INVESTING ACTIVITIES
Capital Expenditures -$293.0K -$418.0K -$249.0K
YoY Change -32.95% 132.22% -0.4%
Acquisitions
YoY Change
Other Investing Activities -$23.00K -$18.00K -$21.00K
YoY Change 4.55% -99.67%
Cash From Investing Activities -$316.0K -$436.0K -$270.0K
YoY Change -31.15% -92.19% 8.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 139.0K
YoY Change
NET CHANGE
Cash From Operating Activities -81.00K 612.0K 4.338M
Cash From Investing Activities -316.0K -436.0K -270.0K
Cash From Financing Activities 0.000 0.000 139.0K
Net Change In Cash -397.0K 176.0K 4.207M
YoY Change -106.51% -90.79% -14.49%
FREE CASH FLOW
Cash From Operating Activities -$81.00K $612.0K $4.338M
Capital Expenditures -$293.0K -$418.0K -$249.0K
Free Cash Flow $212.0K $1.030M $4.587M
YoY Change -96.97% -86.57% -15.37%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Central Index Key
EntityCentralIndexKey
0000069633
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7700000
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-10004
dei Entity Registrant Name
EntityRegistrantName
NAPCO SECURITY TECHNOLOGIES, INC
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
11-2277818
dei Entity Address Address Line1
EntityAddressAddressLine1
333 Bayview Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Amityville
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
11701
dei City Area Code
CityAreaCode
631
dei Local Phone Number
LocalPhoneNumber
842-9400
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
NSSC
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
36733540
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42127000
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34806000
CY2022Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
5245000
CY2021Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
5413000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
226000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
226000
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
24209000
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
28081000
CY2022Q1 us-gaap Inventory Net
InventoryNet
35101000
CY2021Q2 us-gaap Inventory Net
InventoryNet
24933000
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2726000
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2408000
CY2022Q1 us-gaap Assets Current
AssetsCurrent
109408000
CY2021Q2 us-gaap Assets Current
AssetsCurrent
95641000
CY2022Q1 us-gaap Inventory Noncurrent
InventoryNoncurrent
7577000
CY2021Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
6767000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7997000
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7836000
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4398000
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4691000
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7356000
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7373000
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
370000
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
243000
CY2022Q1 us-gaap Assets
Assets
137106000
CY2021Q2 us-gaap Assets
Assets
122551000
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
9935000
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
380000
CY2022Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
940000
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
6095000
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8223000
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6582000
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3261000
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3478000
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
2386000
CY2022Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1321000
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1709000
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
22740000
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
20250000
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1518000
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
369000
CY2021Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
925000
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7073000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7090000
CY2022Q1 us-gaap Liabilities
Liabilities
31122000
CY2021Q2 us-gaap Liabilities
Liabilities
30163000
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39627255
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39595883
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36733540
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36702168
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
396000
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
396000
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
19735000
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
18201000
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
105374000
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
93312000
CY2022Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
2893715
CY2021Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
2893715
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
19521000
CY2021Q2 us-gaap Treasury Stock Value
TreasuryStockValue
19521000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
105984000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
92388000
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
137106000
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
122551000
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
35905000
CY2021Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
28228000
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
20872000
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
15318000
CY2022Q1 us-gaap Gross Profit
GrossProfit
15033000
CY2021Q1 us-gaap Gross Profit
GrossProfit
12910000
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2009000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1902000
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8442000
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5980000
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
4582000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
5028000
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-177000
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-44000
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4405000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4984000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1132000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
624000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3273000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
4360000
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36743000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36697000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36879000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36823000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
100364000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
78606000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
60432000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
43601000
us-gaap Gross Profit
GrossProfit
39932000
us-gaap Gross Profit
GrossProfit
35005000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5918000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5675000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23983000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
17979000
us-gaap Operating Expenses
OperatingExpenses
29901000
us-gaap Operating Expenses
OperatingExpenses
23654000
us-gaap Operating Income Loss
OperatingIncomeLoss
10031000
us-gaap Operating Income Loss
OperatingIncomeLoss
11351000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-102000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-53000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13833000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11298000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1771000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1422000
us-gaap Net Income Loss
NetIncomeLoss
12062000
us-gaap Net Income Loss
NetIncomeLoss
9876000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36723000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36696000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36873000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36804000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
92388000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
7752000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
89000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
100245000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
1037000
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1255000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
102676000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3273000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
105984000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
76540000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
2319000
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
104000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
78963000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
3197000
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
84000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
82244000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
4360000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
84000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
86688000
us-gaap Net Income Loss
NetIncomeLoss
12062000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1320000
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-226000
us-gaap Inventory Write Down
InventoryWriteDown
331000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11000
us-gaap Share Based Compensation
ShareBasedCompensation
1379000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3872000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11309000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
318000
nssc Other Assets Credit
OtherAssetsCredit
-127000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4892000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8413000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1189000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
58000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1247000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
155000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
155000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7321000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34806000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42127000
us-gaap Interest Paid Net
InterestPaidNet
12000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2154000
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:underline;text-decoration-style:solid;">Nature of Business</span><span style="text-decoration-line:none;">:</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:none;">Napco Security Technologies, Inc. (“NAPCO”, “the Company”, “we”) is one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring communication services for intrusion and fire alarm systems as well as a leading provider of school safety solutions. We offer a diversified array of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. 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. We have experienced significant growth in recent years, primarily driven by fast growing recurring service revenues generated from wireless communication services for intrusion and fire alarm systems, as well as our school security products that are designed to meet the increasing needs to enhance school security as a result of on-campus shooting and violence in the U.S.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:none;">The Company’s fiscal year begins on July 1 and ends on June 30. Historically, the end users of the Company’s equipment products want to install these products prior to the summer; therefore, sales of these 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 for our products is affected by the housing and construction markets. Deterioration of the current economic conditions may also affect this trend.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-line:none;">Our results for fiscal 2021 and the first three quarters of fiscal 2022 reflected the increase in customer demand after the challenging business environment resulting from the COVID-19 pandemic. While the Company believes this recovery will continue, there can be no assurances that it will do so in the event of a return to building and construction restrictions that might result from a return to higher levels of COVID-19 cases. </span></p>
CY2021Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2021Q4 nssc Percentage Of Stock Dividend Payable
PercentageOfStockDividendPayable
1
CY2021Q4 us-gaap Stock Issued During Period Shares Stock Splits
StockIssuedDuringPeriodSharesStockSplits
18365878
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36731756
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Accounting Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The preparation of financial statements in conformity with Generally Accepted Accounting Principles (“GAAP”) 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 </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">include management’s judgments associated with reserves for sales returns and allowances, allowance for doubtful accounts, inventory reserves, valuation of intangible assets and income taxes. Actual results could differ from those estimates.</p>
CY2022Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
63000
CY2021Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
63000
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
226000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
226000
CY2020Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
1852000
CY2020Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P20Y
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
13848000
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9450000
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4398000
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
98000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
106000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
293000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
319000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
390000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
361000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
336000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
315000
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
297000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P16Y3M18D
CY2021 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P16Y10M24D
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
30 and 180
us-gaap Standard Product Warranty Description
StandardProductWarrantyDescription
24 to 36
CY2022Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
655000
CY2021Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
229000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
2253000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
919000
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2009000
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1902000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5918000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5675000
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3273000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4360000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36743000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36697000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
136000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
126000
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3273000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4360000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36879000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36823000
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
388000
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12062000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9876000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36723000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36696000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
150000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
108000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12062000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9876000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36873000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36804000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
156145
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
53333
nssc Number Of Share Incentive Programs
NumberOfShareIncentivePrograms
four
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
35000
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
84000
us-gaap Share Based Compensation
ShareBasedCompensation
1379000
us-gaap Share Based Compensation
ShareBasedCompensation
272000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Lease Practical Expedients Package
LeasePracticalExpedientsPackage
true
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7700000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022Q1 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
4771000
CY2021Q2 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
4277000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
35905000
CY2021Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
28228000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
100364000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
78606000
CY2022Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
19000
CY2021Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
3000
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
58000
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
3000
CY2022Q1 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-191000
CY2021Q1 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-42000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-226000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-42000
CY2022Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-172000
CY2021Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-39000
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-168000
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-39000
CY2022Q1 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
27950000
CY2021Q2 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
17245000
CY2022Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
8016000
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
6158000
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6712000
CY2021Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
8297000
CY2022Q1 nssc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
42678000
CY2021Q2 nssc Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
31700000
CY2022Q1 us-gaap Inventory Net
InventoryNet
35101000
CY2021Q2 us-gaap Inventory Net
InventoryNet
24933000
CY2022Q1 us-gaap Inventory Noncurrent
InventoryNoncurrent
7577000
CY2021Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
6767000
CY2022Q1 nssc Inventory Current And Noncurrent Net Of Reserves
InventoryCurrentAndNoncurrentNetOfReserves
42678000
CY2021Q2 nssc Inventory Current And Noncurrent Net Of Reserves
InventoryCurrentAndNoncurrentNetOfReserves
31700000
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49190000
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
48001000
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
82000000
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
678000000
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
41193000
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40165000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7997000
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7836000
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
338000
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
302000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1028000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
939000
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1132000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1771000
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
6000000
CY2022Q1 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
6000000
CY2021Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
3904000
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
2386000
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
1518000
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35000
CY2022Q1 nssc Share Based Compensation Cost Effect On Earnings Per Share Basic And Diluted
ShareBasedCompensationCostEffectOnEarningsPerShareBasicAndDiluted
0.00
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
84000
CY2021Q1 nssc Share Based Compensation Cost Effect On Earnings Per Share Basic And Diluted
ShareBasedCompensationCostEffectOnEarningsPerShareBasicAndDiluted
0.00
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1379000
nssc Share Based Compensation Cost Effect On Earnings Per Share Basic And Diluted
ShareBasedCompensationCostEffectOnEarningsPerShareBasicAndDiluted
0.04
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
272000
nssc Share Based Compensation Cost Effect On Earnings Per Share Basic And Diluted
ShareBasedCompensationCostEffectOnEarningsPerShareBasicAndDiluted
0.01
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.40
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.40
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.40
CY2014Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2000000
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38800000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2021Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
100000000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2021Q4 nssc Percentage Of Stock Dividend Payable
PercentageOfStockDividendPayable
1
CY2020Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4666142
CY2020Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0
CY2020Q4 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
289000
CY2022Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
59000
CY2021Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
32000
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
132000
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
100000
CY2022Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P99Y
nssc Annual Minimum Rent
AnnualMinimumRent
288000
us-gaap Operating Lease Payments
OperatingLeasePayments
72000
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
72000
us-gaap Operating Lease Payments
OperatingLeasePayments
216000
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
216000
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P70Y
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0355
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
72000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
280000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
270000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
261000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
251000
CY2022Q1 nssc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
6222000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7356000
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
80000
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
78000
us-gaap Operating Lease Expense
OperatingLeaseExpense
239000
us-gaap Operating Lease Expense
OperatingLeaseExpense
236000
CY2022Q1 nssc Number Of Employment Agreement
NumberOfEmploymentAgreement
3
CY2022Q1 nssc Number Of Severance Agreement
NumberOfSeveranceAgreement
1
CY2022Q1 us-gaap Revenues
Revenues
35905000
CY2021Q1 us-gaap Revenues
Revenues
28228000
us-gaap Revenues
Revenues
100364000
CY2022Q1 us-gaap Assets
Assets
137106000
CY2021Q2 us-gaap Assets
Assets
122551000

Files In Submission

Name View Source Status
R45.htm Edgar Link pending
0001558370-22-009125-index-headers.html Edgar Link pending
0001558370-22-009125-index.html Edgar Link pending
0001558370-22-009125.txt Edgar Link pending
0001558370-22-009125-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nssc-20220331.xsd Edgar Link pending
nssc-20220331x10q.htm Edgar Link pending
nssc-20220331x10q_htm.xml Edgar Link completed
nssc-20220331xex31d1.htm Edgar Link pending
nssc-20220331xex31d2.htm Edgar Link pending
nssc-20220331xex32d1.htm Edgar Link pending
nssc-20220331_cal.xml Edgar Link unprocessable
nssc-20220331_def.xml Edgar Link unprocessable
nssc-20220331_lab.xml Edgar Link unprocessable
nssc-20220331_pre.xml Edgar Link unprocessable
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
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.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