2012 Q1 Form 10-K Financial Statement
#000095015913000526 Filed on August 16, 2013
Income Statement
| Concept | 2012 Q1 | 2012 | 2011 Q4 |
|---|---|---|---|
| Revenue | $6.079M | $33.27M | $10.86M |
| YoY Change | -24.76% | 3.06% | 12.34% |
| Cost Of Revenue | $6.080M | $28.18M | $10.12M |
| YoY Change | 2.7% | 25.98% | 48.57% |
| Gross Profit | $2.000K | $5.084M | $740.0K |
| YoY Change | -99.91% | -48.75% | -74.09% |
| Gross Profit Margin | 0.03% | 15.28% | 6.81% |
| Selling, General & Admin | $2.840M | $8.448M | $1.924M |
| YoY Change | 61.36% | 63.4% | 51.06% |
| % of Gross Profit | 142000.0% | 166.16% | 260.01% |
| Research & Development | $266.2K | ||
| YoY Change | |||
| % of Gross Profit | 5.24% | ||
| Depreciation & Amortization | $310.0K | $681.4K | $132.1K |
| YoY Change | 244.44% | 84.17% | 46.8% |
| % of Gross Profit | 15500.0% | 13.4% | 17.85% |
| Operating Expenses | $2.830M | $8.714M | $1.924M |
| YoY Change | 60.8% | 68.55% | 51.06% |
| Operating Profit | -$2.828M | -$3.364M | -$1.184M |
| YoY Change | -807.0% | -170.81% | -174.84% |
| Interest Expense | -$50.00K | $267.6K | $77.55K |
| YoY Change | -50.0% | -150.49% | -25.28% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $0.00 | -$228.7K | -$56.86K |
| YoY Change | -73.32% | ||
| Pretax Income | -$2.880M | -$3.592M | -$1.241M |
| YoY Change | -1060.0% | -183.93% | -190.64% |
| Income Tax | -$1.610M | -$1.469M | -$92.68K |
| % Of Pretax Income | |||
| Net Earnings | -$1.270M | -$2.120M | -$1.148M |
| YoY Change | -805.56% | -178.81% | -238.5% |
| Net Earnings / Revenue | -20.89% | -6.37% | -10.57% |
| Basic Earnings Per Share | -$0.07 | -$0.13 | -$0.07 |
| Diluted Earnings Per Share | -$0.07 | -$0.13 | -$0.07 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 16.74M shares | 17.07M shares | |
| Diluted Shares Outstanding | 16.74M shares | 17.07M shares |
Balance Sheet
| Concept | 2012 Q1 | 2012 | 2011 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.820M | $2.820M | $3.090M |
| YoY Change | -62.6% | -62.6% | -65.4% |
| Cash & Equivalents | $2.823M | $2.820M | $3.086M |
| Short-Term Investments | |||
| Other Short-Term Assets | $1.487M | $2.510M | $669.5K |
| YoY Change | 236.54% | 178.89% | 91.29% |
| Inventory | $4.280M | $4.280M | $5.230M |
| Prepaid Expenses | |||
| Receivables | $4.902M | $4.900M | $5.543M |
| Other Receivables | $1.790M | $1.750M | $1.000M |
| Total Short-Term Assets | $16.27M | $16.27M | $16.16M |
| YoY Change | -6.45% | -8.18% | -10.03% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $7.395M | $7.400M | $7.303M |
| YoY Change | 135.55% | 39.36% | 57.73% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $270.6K | $390.0K | $390.0K |
| YoY Change | 50.35% | 116.67% | 105.26% |
| Total Long-Term Assets | $7.784M | $7.780M | $7.691M |
| YoY Change | 41.7% | 41.45% | 59.89% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $16.27M | $16.27M | $16.16M |
| Total Long-Term Assets | $7.784M | $7.780M | $7.691M |
| Total Assets | $24.05M | $24.05M | $23.85M |
| YoY Change | 5.11% | 3.57% | 4.74% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.362M | $1.360M | $1.320M |
| YoY Change | 24.54% | 24.77% | -18.5% |
| Accrued Expenses | $2.425M | $2.420M | $1.760M |
| YoY Change | 153.1% | 87.6% | 299.89% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $1.360M | $1.360M | $1.360M |
| YoY Change | -0.73% | -0.73% | -0.73% |
| Total Short-Term Liabilities | $6.105M | $6.100M | $4.754M |
| YoY Change | 60.43% | 47.34% | 6.84% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $5.780M | $5.780M | $5.810M |
| YoY Change | 10.73% | 10.73% | 18.33% |
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $5.780M | $5.780M | $5.810M |
| YoY Change | 10.73% | 10.73% | 18.33% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $6.105M | $6.100M | $4.754M |
| Total Long-Term Liabilities | $5.780M | $5.780M | $5.810M |
| Total Liabilities | $11.88M | $11.88M | $10.67M |
| YoY Change | 26.92% | 26.92% | 13.87% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $6.342M | $7.610M | |
| YoY Change | -25.08% | ||
| Common Stock | $1.799K | $1.751K | |
| YoY Change | 16.59% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $12.17M | $12.17M | $13.17M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $24.05M | $24.05M | $23.85M |
| YoY Change | 5.11% | 3.57% | 4.74% |
Cashflow Statement
| Concept | 2012 Q1 | 2012 | 2011 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.270M | -$2.120M | -$1.148M |
| YoY Change | -805.56% | -178.81% | -238.5% |
| Depreciation, Depletion And Amortization | $310.0K | $681.4K | $132.1K |
| YoY Change | 244.44% | 84.17% | 46.8% |
| Cash From Operating Activities | $100.0K | -$2.650M | -$1.790M |
| YoY Change | -110.0% | -305.43% | -245.53% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$340.0K | $2.682M | $0.00 |
| YoY Change | -76.22% | -271.94% | -100.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $0.00 | |
| YoY Change | -100.0% | -100.0% | |
| Cash From Investing Activities | -$340.0K | -$2.680M | $0.00 |
| YoY Change | -56.41% | 78.67% | -100.0% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -30.00K | 590.0K | -350.0K |
| YoY Change | -107.69% | -157.84% | -76.35% |
| NET CHANGE | |||
| Cash From Operating Activities | 100.0K | -2.650M | -1.790M |
| Cash From Investing Activities | -340.0K | -2.680M | 0.000 |
| Cash From Financing Activities | -30.00K | 590.0K | -350.0K |
| Net Change In Cash | -270.0K | -4.740M | -2.140M |
| YoY Change | -80.58% | 285.37% | 590.32% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $100.0K | -$2.650M | -$1.790M |
| Capital Expenditures | -$340.0K | $2.682M | $0.00 |
| Free Cash Flow | $440.0K | -$5.332M | -$1.790M |
| YoY Change | 2.33% | -287.1% | -233.58% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
| CY2013 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2013 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
| CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
| CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
| CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
19956871 | shares |
| CY2013 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2013 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2013 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">NOTE 1 - DESCRIPTION OF BUSINESS</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">TechPrecision Corporation (TechPrecision) is a Delaware corporation organized in February 2005 under the name Lounsberry Holdings II, Inc. The name was changed to TechPrecision Corporation on March 6, 2006. TechPrecision is the parent company of Ranor, Inc. (Ranor), a Delaware corporation and Wuxi Critical Mechanical Components Co., Ltd. (WCMC), a wholly foreign owned enterprise (WFOE), to meet growing demand for local manufacturing of components in China. TechPrecision, WCMC and Ranor are collectively referred to as the “Company”, “we”, “us” or “our”.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">We manufacture large scale metal fabricated and machined precision components and equipment. These products are used in a variety of markets including the alternative energy, medical, nuclear, defense, commercial, and aerospace industries.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The formation of WCMC was made in consultation with one of our largest customers in the Solar Energy industry, and was based on the forecasted demand for solar and nuclear energy components in Asia, and especially in China. During the third quarter of fiscal 2011, WCMC commenced organizational and start-up activities and production began during the fourth quarter of fiscal 2011, with initial production units shipped to our largest solar customer on March 31, 2011. Through our subcontractors, we have the capability and capacity to manufacture furnaces for the HEM sapphire industry in both the U.S. and Asia.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Liquidity and Capital Resources</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">At March 31, 2013, we were not in compliance with the fixed charges and interest coverage financial covenants under our Loan and Security Agreement between Ranor and Sovereign Bank (the Bank), dated February 24, 2006, as amended (the Loan Agreement), and the Bank has not agreed to waive the non-compliance with the covenants. In addition, the Bank did not renew the revolving credit facility which expired on July 31, 2013. Since we are in default, the Bank has the right to accelerate payment of the debt in full upon 60 days written notice. As a consequence, we have classified all amounts under the Loan Agreement</font> <font style="FONT-SIZE: 10pt;" size="2">($5.8 million) as a current liability at March 31, 2013. The Bank is evaluating its course of action and has not yet demanded repayment.</font> <font style="FONT-SIZE: 10pt;" size="2">We continue to make payments pursuant to the terms of the Loan Agreement. If the Bank were to make such a demand for repayment, we would</font> <font style="FONT-SIZE: 10pt;" size="2">be unable to pay the obligation</font> <font style="FONT-SIZE: 10pt;" size="2">as we do</font> <font style="FONT-SIZE: 10pt;" size="2">not have existing facilities or sufficient cash on hand to satisfy these obligations and would need to seek alternative financing.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">We have incurred operating losses of $2.4 million and $2.1 million for the periods ended March 31, 2013 and 2012, respectively. At March 31, 2013, we had cash and cash equivalents of $3.1 million, of which $0.5 million is located in China and which we may not be able to repatriate for use in the U.S. without undue cost or expense if at all. We borrowed $0.5 million under our revolving line of credit during the quarter ended March 31, 2013, and has repaid this borrowing in full in July 2013. In addition, we have $1.0 million of restricted cash with the Bank (included in our other current assets) that could be used toward satisfying our obligation under the Loan Agreement.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">These factors raise substantial doubt about our ability to continue as a going concern. In order for us to continue operations beyond the next twelve months and be able to discharge our liabilities and commitments in the normal course of business, we must secure long-term financing on terms consistent with our near-term business plans. In addition, we must increase our backlog and change the composition of our revenues to focus on recurring unit of delivery projects rather than custom first article and prototyping projects which do not efficiently use our manufacturing capacity, and reduce our operating expenses to be in line with current business conditions in order to increase profit margins and decrease the amount of cash used in operations. If successful in changing the composition of revenue and reducing costs, we expect that fiscal 2014 operating results will reflect positive cash flows. However, we plan to closely monitor our expenses and, if required, will further reduce operating costs and capital spending to enhance liquidity.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The consolidated financial statements for the year ended March 31, 2013 were prepared on the basis of a going concern which contemplates that we will be able to realize assets and discharge liabilities in the normal course of business. Accordingly, they do not give effect to adjustments that would be necessary should we be required to liquidate assets. Our ability to satisfy our total liabilities of $11.2 million at March 31, 2013 and to continue as a going concern is dependent upon the timely availability of long-term financing and successful execution of its operating plan. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p></div> | |
| CY2012 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
2409159 | shares |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7300248 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3075376 | USD |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2823485 | USD |
| CY2013Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4330637 | USD |
| CY2012Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4901791 | USD |
| CY2013Q1 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
4298293 | USD |
| CY2012Q1 | us-gaap |
Assets Current
AssetsCurrent
|
16267177 | USD |
| CY2012Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
270630 | USD |
| CY2013Q1 | us-gaap |
Assets
Assets
|
21567349 | USD |
| CY2012Q1 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
3910026 | USD |
| CY2013Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
354516 | USD |
| CY2012Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
373544 | USD |
| CY2013Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
374030 | USD |
| CY2012Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
1751169 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
1020208 | USD |
| CY2013Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1578484 | USD |
| CY2012Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1486954 | USD |
| CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
14267101 | USD |
| CY2012Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7395445 | USD |
| CY2012Q1 | us-gaap |
Assets
Assets
|
24051257 | USD |
| CY2013Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2537060 | USD |
| CY2012Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1361611 | USD |
| CY2013Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1874924 | USD |
| CY2012Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2424695 | USD |
| CY2013Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
232624 | USD |
| CY2012Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
159987 | USD |
| CY2013Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
253813 | USD |
| CY2012Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
799413 | USD |
| CY2013Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
11182900 | USD |
| CY2012Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6104639 | USD |
| CY2012Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5776294 | USD |
| CY2013Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2012Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
1310206 | USD |
| CY2012Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
1637857 | USD |
| CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1996 | USD |
| CY2012Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1799 | USD |
| CY2013Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
5076552 | USD |
| CY2012Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
4412075 | USD |
| CY2013Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-221418 | USD |
| CY2012Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-223584 | USD |
| CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3930240 | USD |
| CY2012Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
6342177 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10097576 | USD |
| CY2012Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12170324 | USD |
| CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21567349 | USD |
| CY2012Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
24051257 | USD |
| CY2013Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
25010 | USD |
| CY2012Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
25010 | USD |
| CY2013Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
| CY2012Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| CY2012Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
5532998 | shares |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
5532998 | shares |
| CY2012Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
7035982 | shares |
| CY2012Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
7035982 | shares |
| CY2013Q1 | tpcs |
Convertible Preferred Stock Series A Liquidation Preference
ConvertiblePreferredStockSeriesALiquidationPreference
|
1576904 | USD |
| CY2012Q1 | tpcs |
Convertible Preferred Stock Series A Liquidation Preference
ConvertiblePreferredStockSeriesALiquidationPreference
|
2005254 | USD |
| CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2012Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2012Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
19956871 | shares |
| CY2012 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
171252 | USD |
| CY2013 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1366017 | USD |
| CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
764306 | USD |
| CY2013 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-223431 | USD |
| CY2012 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-945045 | USD |
| CY2013 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
606757 | USD |
| CY2012Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-545000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1115000 | USD |
| CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
19956871 | shares |
| CY2012Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
17992177 | shares |
| CY2012Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17992177 | shares |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
32472919 | USD |
| CY2013 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
25914345 | USD |
| CY2013 | us-gaap |
Gross Profit
GrossProfit
|
6558574 | USD |
| CY2013 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8160984 | USD |
| CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1602410 | USD |
| CY2013 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-29586 | USD |
| CY2013 | us-gaap |
Interest Expense
InterestExpense
|
309799 | USD |
| CY2013 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2189 | USD |
| CY2013 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-337196 | USD |
| CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-1939606 | USD |
| CY2013 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2411937 | USD |
| CY2012 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
33266778 | USD |
| CY2012 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
28182584 | USD |
| CY2012 | us-gaap |
Gross Profit
GrossProfit
|
5084194 | USD |
| CY2012 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8447794 | USD |
| CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3363600 | USD |
| CY2012 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
18818 | USD |
| CY2012 | us-gaap |
Interest Expense
InterestExpense
|
267577 | USD |
| CY2012 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
20035 | USD |
| CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-228724 | USD |
| CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3592324 | USD |
| CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1469218 | USD |
| CY2012 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2123106 | USD |
| CY2012 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-384689 | USD |
| CY2012 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
3385 | USD |
| CY2012 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-381304 | USD |
| CY2012 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-151815 | USD |
| CY2012 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2352595 | USD |
| CY2012 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
| CY2012 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19004897 | shares |
| CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16738213 | shares |
| CY2013 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19004897 | shares |
| CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16738213 | shares |
| CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
846012 | USD |
| CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
681434 | USD |
| CY2013 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
337023 | USD |
| CY2012 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
622245 | USD |
| CY2013 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
695762 | USD |
| CY2012 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-524173 | USD |
| CY2012 | tpcs |
Provision For Contract Losses
ProvisionForContractLosses
|
887458 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-572786 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-683394 | USD |
| CY2013 | tpcs |
Increase Decrease In Costs Incurred On Uncompleted Contracts
IncreaseDecreaseInCostsIncurredOnUncompletedContracts
|
388267 | USD |
| CY2012 | tpcs |
Increase Decrease In Costs Incurred On Uncompleted Contracts
IncreaseDecreaseInCostsIncurredOnUncompletedContracts
|
1056174 | USD |
| CY2013 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-19985 | USD |
| CY2012 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-351236 | USD |
| CY2013 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
75540 | USD |
| CY2012 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
1043732 | USD |
| CY2013 | us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
-1824262 | USD |
| CY2012 | us-gaap |
Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
|
1628720 | USD |
| CY2013 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-212700 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1171600 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
237046 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-822450 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-139844 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
159987 | USD |
| CY2013 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-545600 | USD |
| CY2012 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
417283 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
251891 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-4717515 | USD |
| CY2011Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7541000 | USD |
| CY2012 | us-gaap |
Interest Paid
InterestPaid
|
208220 | USD |
| CY2012 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1843000 | shares |
| CY2012 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
227392 | USD |
| CY2013 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
1964694 | shares |
| CY2013 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1502984 | shares |
| CY2013 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
388982 | USD |
| CY2013 | tpcs |
Tax On Liabilities Assumed
TaxOnLiabilitiesAssumed
|
0 | USD |
| CY2013 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
46378 | USD |
| CY2012 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
35423 | USD |
| CY2013 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-47458 | USD |
| CY2012 | tpcs |
Equipment Under Construction Now Placed In Service
EquipmentUnderConstructionNowPlacedInService
|
2100000 | USD |
| CY2013 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
0 | USD |
| CY2012 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
114145 | USD |
| CY2011Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13859278 | USD |
| CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
337023 | USD |
| CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
622245 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
41396 | USD |
| CY2013Q1 | tpcs |
Cash Deposits In Bank
CashDepositsInBank
|
482630 | USD |
| CY2012Q1 | tpcs |
Cash Deposits In Bank
CashDepositsInBank
|
692524 | USD |
| CY2013 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
587435 | USD |
| CY2013 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
1947 | USD |
| CY2012 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
24309 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1779146 | USD |
| CY2013 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
663185 | USD |
| CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2682341 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-663185 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2682341 | USD |
| CY2012 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
41396 | USD |
| CY2012 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1372637 | USD |
| CY2012 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1918676 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-866017 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-2646918 | USD |
| CY2012 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
| CY2013 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
337023 | USD |
| CY2012 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
622245 | USD |
| CY2012Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11614717 | USD |
| CY2012Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4219272 | USD |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12244221 | USD |
| CY2013Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4943973 | USD |
| CY2013 | us-gaap |
Depreciation
Depreciation
|
804564 | USD |
| CY2012 | us-gaap |
Depreciation
Depreciation
|
601866 | USD |
| CY2012Q1 | us-gaap |
Supplies
Supplies
|
145637 | USD |
| CY2012Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
220496 | USD |
| CY2012Q1 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
1052500 | USD |
| CY2012Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
68321 | USD |
| CY2013Q1 | us-gaap |
Supplies
Supplies
|
267513 | USD |
| CY2013Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
187086 | USD |
| CY2013Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
33607 | USD |
| CY2012Q1 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
171252 | USD |
| CY2012Q1 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
99378 | USD |
| CY2012Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
970088 | USD |
| CY2012Q1 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
375512 | USD |
| CY2012Q1 | us-gaap |
Provision For Loss On Contracts
ProvisionForLossOnContracts
|
887458 | USD |
| CY2012Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
191637 | USD |
| CY2013Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
668038 | USD |
| CY2013Q1 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
388982 | USD |
| CY2013Q1 | us-gaap |
Provision For Loss On Contracts
ProvisionForLossOnContracts
|
270172 | USD |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
51666 | shares |
| CY2012 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-423133 | USD |
| CY2012Q3 | us-gaap |
Gross Profit
GrossProfit
|
1938000 | USD |
| CY2012 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-136463 | USD |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | pure |
| CY2012Q4 | us-gaap |
Gross Profit
GrossProfit
|
1884000 | USD |
| CY2013Q1 | us-gaap |
Gross Profit
GrossProfit
|
1631000 | USD |
| CY2012Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-706000 | USD |
| CY2013Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
547732 | USD |
| CY2013 | tpcs |
Period Of Written Notice To Accelerate Payment Of Debt In Case Of Default
PeriodOfWrittenNoticeToAcceleratePaymentOfDebtInCaseOfDefault
|
P60D | |
| CY2013 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
136463 | USD |
| CY2011Q3 | us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
4800000 | USD |
| CY2013 | tpcs |
Related Party Transaction Percentage Of Dilutive Equity Interest Held By Common Shareholder
RelatedPartyTransactionPercentageOfDilutiveEquityInterestHeldByCommonShareholder
|
0.36 | pure |
| CY2012Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7145000 | USD |
| CY2012Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
8079000 | USD |
| CY2012Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7294000 | USD |
| CY2013Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
9955000 | USD |
| CY2012Q2 | us-gaap |
Gross Profit
GrossProfit
|
1105000 | USD |
| CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-45000 | USD |
| CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
| CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
| CY2011Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
9176000 | USD |
| CY2011Q2 | us-gaap |
Gross Profit
GrossProfit
|
2426000 | USD |
| CY2011Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
381000 | USD |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
| CY2011Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7147000 | USD |
| CY2011Q3 | us-gaap |
Gross Profit
GrossProfit
|
1915000 | USD |
| CY2011Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-88000 | USD |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2011Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
10864000 | USD |
| CY2011Q4 | us-gaap |
Gross Profit
GrossProfit
|
740000 | USD |
| CY2011Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1148000 | USD |
| CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
| CY2012Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6079000 | USD |
| CY2012Q1 | us-gaap |
Gross Profit
GrossProfit
|
2000 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1268000 | USD |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
| CY2013 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
| CY2013 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2013 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5594949 | shares |
| CY2012 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7289854 | shares |
| CY2013 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
138765 | USD |
| CY2012 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
131090 | USD |
| CY2013 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | item |
| CY2012Q1 | tpcs |
Deferred Tax Assets Accelerated Depreciation
DeferredTaxAssetsAcceleratedDepreciation
|
769310 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
1138213 | USD |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.01 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.13 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.53 | pure |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
|
60774 | USD |
| CY2013Q1 | tpcs |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Noncurrent
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostNoncurrent
|
323734 | USD |
| CY2012Q1 | tpcs |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Noncurrent
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostNoncurrent
|
302201 | USD |
| CY2013Q1 | tpcs |
Deferred Tax Assets Operating Loss Carryforwards Noncurrent
DeferredTaxAssetsOperatingLossCarryforwardsNoncurrent
|
1662848 | USD |
| CY2012Q1 | tpcs |
Deferred Tax Assets Operating Loss Carryforwards Noncurrent
DeferredTaxAssetsOperatingLossCarryforwardsNoncurrent
|
956921 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
|
1062741 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
|
371807 | USD |
| CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Use of Estimates in the Preparation of Financial Statements</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In preparing the consolidated financial statements in conformity with U.S. generally accepted accounting principles (GAAP), management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and revenues and expenses during the reported period. We continually evaluate our estimates, including those related to contract accounting, accounts receivable, inventories, recovery of long-lived assets, income taxes and the valuation of equity transactions. We base our estimates on historical and current experiences and on various other assumptions that we believe to be reasonable under the circumstances. Actual results could differ from those estimates. We believe the following critical accounting policies affect our more significant judgments and estimates used in the preparation of the financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> </div> | |
| CY2013Q1 | tpcs |
Deferred Tax Assets Net Noncurrent Before Accelerated Depreciation
DeferredTaxAssetsNetNoncurrentBeforeAcceleratedDepreciation
|
923841 | USD |
| CY2012Q1 | tpcs |
Deferred Tax Assets Net Noncurrent Before Accelerated Depreciation
DeferredTaxAssetsNetNoncurrentBeforeAcceleratedDepreciation
|
887315 | USD |
| CY2013Q1 | tpcs |
Deferred Tax Assets Accelerated Depreciation
DeferredTaxAssetsAcceleratedDepreciation
|
1179606 | USD |
| CY2012Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
16532 | USD |
| CY2013 | tpcs |
Billings On Contracts During Period
BillingsOnContractsDuringPeriod
|
27385748 | USD |
| CY2012 | tpcs |
Cost Incurred On Uncompleted Contracts During Period
CostIncurredOnUncompletedContractsDuringPeriod
|
31104174 | USD |
| CY2012 | tpcs |
Billings On Contracts During Period
BillingsOnContractsDuringPeriod
|
35132194 | USD |
| CY2012Q1 | tpcs |
Cost Incurred On Uncompleted Contracts
CostIncurredOnUncompletedContracts
|
10879743 | USD |
| CY2011Q1 | tpcs |
Cost Incurred On Uncompleted Contracts
CostIncurredOnUncompletedContracts
|
7958153 | USD |
| CY2013Q1 | tpcs |
Cost Incurred On Uncompleted Contracts
CostIncurredOnUncompletedContracts
|
6180839 | USD |
| CY2013Q1 | us-gaap |
Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
|
2 | item |
| CY2006Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
1000000 | shares |
| CY2010Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
3000000 | shares |
| CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
3300000 | shares |
| CY2013Q1 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
1032348 | USD |
| CY2013 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
500000 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
160130 | shares |
| CY2013 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
0 | USD |
| CY2012 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
114145 | USD |
| CY2011Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
100000 | shares |
| CY2011Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
0.51 | |
| CY2011Q1 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
51428 | USD |
| CY2012 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
266177 | USD |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.02 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.06 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.03 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.01 | pure |
| CY2013Q1 | tpcs |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Current
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostCurrent
|
177703 | USD |
| CY2012Q1 | tpcs |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost Current
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCostCurrent
|
311003 | USD |
| CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.24 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.41 | pure |
| CY2013 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-332580 | USD |
| CY2012 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-1072138 | USD |
| CY2013 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
12987 | USD |
| CY2013 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
96162 | USD |
| CY2012 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
127093 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
9824 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
9865 | USD |
| CY2013Q1 | tpcs |
Deferred Tax Assets Loss On Uncompleted Contracts Current
DeferredTaxAssetsLossOnUncompletedContractsCurrent
|
106123 | USD |
| CY2012Q1 | tpcs |
Deferred Tax Assets Loss On Uncompleted Contracts Current
DeferredTaxAssetsLossOnUncompletedContractsCurrent
|
350058 | USD |
| CY2013 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Yield Term Of Us Treasury Issues On Which Risk Free Interest Rate Is Based
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsYieldTermOfUSTreasuryIssuesOnWhichRiskFreeInterestRateIsBased
|
P5Y | |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
1.035 | pure |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
1.061 | pure |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.00061 | pure |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.00083 | pure |
| CY2013 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
418506 | shares |
| CY2011Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2046661 | shares |
| CY2012 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedForfeitedInPeriod
|
83000 | shares |
| CY2013 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
|
703000 | shares |
| CY2013Q1 | tpcs |
Deferred Tax Assets Operating Loss Carryforwards Current
DeferredTaxAssetsOperatingLossCarryforwardsCurrent
|
30145 | USD |
| CY2012Q1 | tpcs |
Deferred Tax Assets Operating Loss Carryforwards Current
DeferredTaxAssetsOperatingLossCarryforwardsCurrent
|
63040 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
152792 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
148120 | USD |
| CY2013Q1 | tpcs |
Deferred Tax Assets Other Liabilities Not Currently Deductible Current
DeferredTaxAssetsOtherLiabilitiesNotCurrentlyDeductibleCurrent
|
341726 | USD |
| CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2415666 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2484000 | shares |
| CY2012Q1 | tpcs |
Deferred Tax Assets Other Liabilities Not Currently Deductible Current
DeferredTaxAssetsOtherLiabilitiesNotCurrentlyDeductibleCurrent
|
198896 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
|
562548 | USD |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
647000 | shares |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
120000 | shares |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
73000 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
1984000 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1629666 | shares |
| CY2013 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
674 | USD |
| CY2013 | tpcs |
Cost Incurred On Uncompleted Contracts During Period
CostIncurredOnUncompletedContractsDuringPeriod
|
21215441 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.027 | |
| CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.040 | |
| CY2011Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.738 | |
| CY2013 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.820 | |
| CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.916 | |
| CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.662 | |
| CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.385 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
1.003 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.910 | |
| CY2012Q1 | tpcs |
Billings On Uncompleted Contracts
BillingsOnUncompletedContracts
|
6969717 | USD |
| CY2011Q1 | tpcs |
Billings On Uncompleted Contracts
BillingsOnUncompletedContracts
|
5104301 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
776475 | USD |
| CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
107375 | USD |
| CY2011Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1969075 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
626375 | USD |
| CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
573475 | USD |
| CY2011 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y18D | |
| CY2012 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y8M16D | |
| CY2013 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y25D | |
| CY2013 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y8M5D | |
| CY2013 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y10M28D | |
| CY2013Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
233005 | USD |
| CY2013 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y | |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue
|
768063 | USD |
| CY2013Q1 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
854334 | shares |
| CY2012Q1 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
1489000 | shares |
| CY2011Q1 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
1440000 | shares |
| CY2012 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
|
515000 | shares |
| CY2013Q1 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
|
1.249 | |
| CY2012Q1 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
|
1.205 | |
| CY2011Q1 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
|
0.783 | |
| CY2013 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Forfeitures Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedForfeituresWeightedAverageExercisePrice
|
1.150 | |
| CY2012 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Forfeitures Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedForfeituresWeightedAverageExercisePrice
|
1.960 | |
| CY2013 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageExercisePrice
|
1.090 | |
| CY2012 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageExercisePrice
|
0.798 | |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
227448 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Rolling Year Two
OperatingLeasesFutureMinimumPaymentsDueInRollingYearTwo
|
59912 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Rolling Year Three
OperatingLeasesFutureMinimumPaymentsDueInRollingYearThree
|
61500 | USD |
| CY2013 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-13470 | USD |
| CY2013 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
10964 | USD |
| CY2013 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-2506 | USD |
| CY2013 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2409771 | USD |
| CY2013 | us-gaap |
Interest Paid
InterestPaid
|
268351 | USD |
| CY2013 | tpcs |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedForfeitedInPeriod
|
51666 | shares |
| CY2012 | tpcs |
Tax On Liabilities Assumed
TaxOnLiabilitiesAssumed
|
148120 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Rolling Year Four
OperatingLeasesFutureMinimumPaymentsDueInRollingYearFour
|
63092 | USD |
| CY2013Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
900000 | USD |
| CY2013Q1 | tpcs |
Employee Agreement Annual Commitment For Future Salaries During Next Fiscal Year
EmployeeAgreementAnnualCommitmentForFutureSalariesDuringNextFiscalYear
|
710000 | USD |
| CY2011Q4 | tpcs |
Contract Losses
ContractLosses
|
518792 | USD |
| CY2012Q1 | tpcs |
Contract Losses
ContractLosses
|
1558421 | USD |
| CY2012 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-229489 | USD |
| CY2013 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2166 | USD |
| CY2010Q3 | tpcs |
Class Of Warrants Or Rights Expired
ClassOfWarrantsOrRightsExpired
|
112500 | shares |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Rolling Year Five
OperatingLeasesFutureMinimumPaymentsDueInRollingYearFive
|
42944 | USD |
| CY2011Q1 | tpcs |
Class Of Warrants Or Rights Term
ClassOfWarrantsOrRightsTerm
|
P2Y | |
| CY2011Q1 | tpcs |
Warrant Issued During Period Shares For Service Provided
WarrantIssuedDuringPeriodSharesForServiceProvided
|
100000 | shares |
| CY2011Q1 | tpcs |
Warrants Exercise Price
WarrantsExercisePrice
|
1.65 | |
| CY2011Q1 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.003 | pure |
| CY2011Q1 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.79 | pure |
| CY2011Q1 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P1Y | |
| CY2011Q1 | us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
51428 | USD |
| CY2013 | tpcs |
Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
|
674 | USD |
| CY2013Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
1000000 | USD |
| CY2013Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
0 | shares |
| CY2012Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
100000 | shares |
| CY2011Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
| CY2011Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
15422888 | shares |
| CY2012 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD |
| CY2013 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD |
| CY2013 | tpcs |
Warrant Issued During Period Shares For Service Provided
WarrantIssuedDuringPeriodSharesForServiceProvided
|
100000 | shares |
| CY2012 | tpcs |
Warrant Issued During Period Shares For Service Provided
WarrantIssuedDuringPeriodSharesForServiceProvided
|
100000 | shares |
| CY2012Q3 | dei |
Entity Public Float
EntityPublicFloat
|
14800000 | USD |
| CY2012Q1 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
118005 | USD |
| CY2012 | tpcs |
Stock Issued During Period Shares Stock Options Exercised Broker Assisted Cashless Transactions
StockIssuedDuringPeriodSharesStockOptionsExercisedBrokerAssistedCashlessTransactions
|
44865 | shares |
| CY2013Q1 | tpcs |
Billings On Uncompleted Contracts
BillingsOnUncompletedContracts
|
1882546 | USD |
| CY2013 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
4460708 | USD |
| CY2012 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
4983056 | USD |
| CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
1793282 | USD |
| CY2012 | us-gaap |
Professional Fees
ProfessionalFees
|
1205445 | USD |
| CY2013 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
1906994 | USD |
| CY2012 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
2259293 | USD |
| CY2013 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-4672 | USD |
| CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
472331 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
72638 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
5784479 | USD |
| CY2012Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
1358933 | USD |
| CY2013Q1 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
500000 | USD |
| CY2013Q1 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
5800000 | USD |
| CY2013Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
57930 | USD |
| CY2013Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
17206 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
255765 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
31108 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
255765 | USD |
| CY2013 | tpcs |
Provision For Contract Losses
ProvisionForContractLosses
|
270172 | USD |
| CY2013 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.150 | |
| CY2013Q1 | tpcs |
Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
|
5784479 | USD |
| CY2013Q1 | tpcs |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
|
8690 | USD |
| CY2013Q1 | tpcs |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
|
9226 | USD |
| CY2013Q1 | tpcs |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
|
9795 | USD |
| CY2013Q1 | tpcs |
Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
|
3397 | USD |
| CY2013 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | USD |
