Operating Segment, Geographic Information and Significant Customers

6 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Operating Segment, Geographic Information and Significant Customers

Operating Segment, Geographic Information and Significant Customers

Operating segments are defined as components of an enterprise evaluated regularly by the Company's chief operating decision maker (“CODM”) in deciding how to allocate resources and assess performance. The Company is comprised of one operating and reportable segment. The Company utilized the management approach for determining its operating segment in accordance with FASB ASC 280, Segment Reporting.

The geographic distribution of the Company’s revenues is summarized as follows:

	US		Europe		Asia Pacific		Eliminations			Total
THREE MONTHS ENDED DECEMBER 31, 2016
Net revenues to unaffiliated customers	$	91,407	$	5,809	$	798	$	—		$	98,014
Inter-geographic revenues	1,893		—		—		(1,893		)	—
Net revenues	$	93,300	$	5,809	$	798	$	(1,893	)	$	98,014
THREE MONTHS ENDED DECEMBER 31, 2015
Net revenues to unaffiliated customers	$	58,211	$	653	$	1,553	$	—		$	60,417
Inter-geographic revenues	1,949		371		—		(2,320		)	—
Net revenues	$	60,160	$	1,024	$	1,553	$	(2,320	)	$	60,417
SIX MONTHS ENDED DECEMBER 31, 2016
Net revenues to unaffiliated customers	$	174,455	$	6,662	$	4,546	$	—		$	185,663
Inter-geographic revenues	5,180		15		—		(5,195		)	—
Net revenues	$	179,635	$	6,677	$	4,546	$	(5,195	)	$	185,663
SIX MONTHS ENDED DECEMBER 31, 2015
Net revenues to unaffiliated customers	$	115,573	$	1,111	$	2,142	$	—		$	118,826
Inter-geographic revenues	3,203		402		—		(3,605		)	—
Net revenues	$	118,776	$	1,513	$	2,142	$	(3,605	)	$	118,826

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:

	US		Europe		Asia Pacific		Eliminations		Total
December 31, 2016	$	37,863	$	1,496	$	20	$	—	$	39,379
June 30, 2016	$	28,187	$	127	$	23	$	—	$	28,337

Identifiable long-lived assets exclude goodwill and intangible assets.

Customers comprising 10% or more of the Company’s revenues for the periods shown below are as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
Raytheon Company	22	%	29	%	19	%	33	%
Lockheed Martin Corporation	13	%	26	%	19	%	21	%
Northrop Grumman Corporation	10	%	*		*		*
	45	%	55	%	38	%	54	%

While the Company typically has customers from which it derives 10% or more of its revenue, the sales to each of these customers are spread across multiple programs and platforms. Programs comprising 10% or more of the Company’s revenues for the periods shown below are as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
F-35	11	%	13	%	*		*
Aegis	*		*		10	%	*
SEWIP	*		16	%	*		12	%
Patriot	*		11	%	*		14	%
	11	%	40	%	10	%	26	%

* Indicates that the amount is less than 10% of the Company’s revenues for the respective period.