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Operating Segment, Geographic Information and Significant Customers (Tables)
9 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Summary of Performance of Operations by Reportable Segment
The following is a summary of the performance of the Company’s operations by reportable segment:
 
 
MCE
 
MDIS
 
Eliminations
 
Total
THREE MONTHS ENDED
MARCH 31, 2014
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
43,041

 
$
10,991

 
$
1,468

 
$
55,500

Intersegment revenues
 
4,568

 

 
(4,568
)
 

Net revenues
 
$
47,609

 
$
10,991

 
$
(3,100
)
 
$
55,500

Adjusted EBITDA
 
$
6,763

 
$
1,132

 
$
(232
)
 
$
7,663

THREE MONTHS ENDED
MARCH 31, 2013
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
41,222

 
$
13,006

 
$
(105
)
 
$
54,123

Intersegment revenues
 
2,733

 

 
(2,733
)
 

Net revenues
 
$
43,955

 
$
13,006

 
$
(2,838
)
 
$
54,123

Adjusted EBITDA
 
$
3,320

 
$
1,885

 
$
37

 
$
5,242

NINE MONTHS ENDED
MARCH 31, 2014
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
128,835

 
$
32,724

 
$
971

 
$
162,530

Intersegment revenues
 
8,415

 

 
(8,415
)
 

Net revenues
 
$
137,250

 
$
32,724

 
$
(7,444
)
 
$
162,530

Adjusted EBITDA
 
$
13,188

 
$
3,411

 
$
(225
)
 
$
16,374

NINE MONTHS ENDED
MARCH 31, 2013
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
110,369

 
$
42,899

 
$
87

 
$
153,355

Intersegment revenues
 
10,880

 
12

 
(10,892
)
 

Net revenues
 
$
121,249

 
$
42,911

 
$
(10,805
)
 
$
153,355

Adjusted EBITDA
 
$
797

 
$
7,080

 
$
11

 
$
7,888

Reconciliation of Net Income (loss), Most Directly Comparable GAAP Financial Measure to Adjusted EBITDA
The following table reconciles the Company’s net loss, the most directly comparable GAAP financial measure, to its adjusted EBITDA:
 
 
 
Three Months Ended March 31,
 
Nine Months Ended March 31,

 
2014
 
2013
 
2014
 
2013
Net (loss) income
 
$
(578
)
 
$
788

 
$
(3,879
)
 
$
(11,196
)
Interest expense, net
 
9

 
5

 
31

 
24

Tax benefit
 
(848
)
 
(2,232
)
 
(2,720
)
 
(8,075
)
Depreciation
 
1,963

 
2,068

 
5,956

 
6,470

Amortization of intangible assets
 
1,901

 
2,356

 
5,936

 
6,374

Restructuring and other charges
 
3,502

 
228

 
3,584

 
5,429

Acquisition costs and other related expenses
 

 
32

 

 
304

Fair value adjustments from purchase accounting
 

 
96

 

 
2,293

Stock-based compensation expense
 
1,714

 
1,901

 
7,466

 
6,265

Adjusted EBITDA
 
$
7,663

 
$
5,242

 
$
16,374

 
$
7,888

Geographic Distribution of Revenues and Long Lived Assets from Continuing Operations
The geographic distribution of the Company’s revenues is summarized as follows:
 
 
 
US
 
Europe
 
Asia Pacific
 
Eliminations
 
Total
THREE MONTHS ENDED
MARCH 31, 2014
 
 
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
52,715

 
$
1,028

 
$
1,757

 
$

 
$
55,500

Inter-geographic revenues
 
1,403

 
1,065

 

 
(2,468
)
 

Net revenues
 
$
54,118

 
$
2,093

 
$
1,757

 
$
(2,468
)
 
$
55,500

THREE MONTHS ENDED
MARCH 31, 2013
 
 
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
50,708

 
$
1,144

 
$
2,271

 
$

 
$
54,123

Inter-geographic revenues
 
2,313

 
103

 
3

 
(2,419
)
 

Net revenues
 
$
53,021

 
$
1,247

 
$
2,274

 
$
(2,419
)
 
$
54,123

NINE MONTHS ENDED
MARCH 31, 2014
 
 
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
157,893

 
$
1,987

 
$
2,650

 
$

 
$
162,530

Inter-geographic revenues
 
2,901

 
1,269

 
140

 
(4,310
)
 

Net revenues
 
$
160,794

 
$
3,256

 
$
2,790

 
$
(4,310
)
 
$
162,530

NINE MONTHS ENDED
MARCH 31, 2013
 
 
 
 
 
 
 
 
 
 
Net revenues to unaffiliated customers
 
$
144,296

 
$
2,572

 
$
6,487

 
$

 
$
153,355

Inter-geographic revenues
 
6,240

 
290

 
47

 
(6,577
)
 

Net revenues
 
$
150,536

 
$
2,862

 
$
6,534

 
$
(6,577
)
 
$
153,355

Foreign revenue is based on the country in which the Company’s legal subsidiary is domiciled.
The geographic distribution of the Company’s long-lived assets is summarized as follows:
 
 
U.S.
 
Europe
 
Asia Pacific
 
Eliminations
 
Total
March 31, 2014
 
$
15,191

 
$
35

 
$

 
$

 
$
15,226

June 30, 2013
 
$
14,986

 
$
33

 
$

 
$

 
$
15,019

Customers Comprising Ten Percent or More Revenues
Customers comprising 10% or more of the Company’s revenues for the periods shown below are as follows:
 
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
 
 
2014
 
2013
 
2014
 
2013
Lockheed Martin Corporation
 
17
%
 
26
%
 
19
%
 
13
%
Northrop Grumman Corporation
 
12
%
 
*

 
13
%
 
11
%
Raytheon Company
 
*

 
*

 
*

 
11
%
 
 
29
%
 
26
%
 
32
%
 
35
%
*
Indicates that the amount is less than 10% of the Company’s revenues for the respective period.