REVENUE FROM CONTRACTS FROM CUSTOMERS (Tables)

6 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

As a result of applying the modified retrospective method to adopt the new guidance, the following adjustments were made on the condensed consolidated balance sheet as of January 1, 2018:

	As Revised						Adjusted
	December 31, 2017			Adjustments			January 1, 2018
	(in thousands)
Assets:
Unbilled receivables	$	37,785		$	1,166		$	38,951
Inventories, net	24,337			(292		)	24,045
Prepaid expenses	2,266			(403		)	1,863
Liabilities:
Accrued expenses	$	17,862		$	49		$	17,911
Deferred revenue	6,090			1,743			7,833
Deferred tax liability, net	19,367			(325		)	19,042
Equity:
Accumulated deficit	$	(115,433	)	$	(996	)	$	(116,429	)

The following tables compare the reported condensed consolidated balance sheet and statement of operations as of and for the three and six months ended June 30, 2018, to the pro-forma amounts had ASC 605 been in effect:

	June 30, 2018
	As Reported (ASC 606)			As Adjusted (ASC 605)
	(in thousands)
Assets:
Unbilled receivables	$	65,326		$	64,371
Inventories, net	25,606			26,273
Liabilities:
Accrued expenses	$	18,469		$	18,426
Deferred revenue	5,516			5,613
Deferred tax liability, net	16,290			16,327
Equity:
Accumulated deficit	$	(131,221	)	$	(131,600	)

	Three months ended June 30, 2018						Six months ended June 30, 2018
	As Reported (ASC 606)			As Adjusted (ASC 605)			As Reported (ASC 606)			As Adjusted (ASC 605)
	(in thousands, except per share amounts)
Revenue	$	128,140		$	127,821		$	253,882		$	252,253
Cost of revenue, excluding amortization	95,825			96,091			190,041			190,075
Operating income	3,688			3,103			4,355			2,692
Loss before income taxes	(13,521		)	(14,106		)	(17,676		)	(19,339		)
Income tax benefit, net	(2,127		)	(2,219		)	(2,884		)	(3,172		)
Net loss	(11,394		)	(11,887		)	(14,792		)	(16,167		)
Loss per share
Basic	$	(0.23	)	$	(0.24	)	$	(0.30	)	$	(0.32	)
Diluted	$	(0.23	)	$	(0.24	)	$	(0.30	)	$	(0.32	)

Disaggregation of Revenue

The following table summarizes revenue from contracts with customers by contract-type and customer-type for the three and six months ended June 30, 2018:

Revenue by Customer Type and Contract Type	Three months ended June 30, 2018		Six months ended  June 30, 2018
			(in thousands)
Department of Defense
Cost Reimbursement	$	44,733	$	87,561
Time & Materials and Fixed-Price-Level-of-Effort	25,524		51,669
Firm-Fixed-Price	28,809		54,037
Total Department of Defense	99,066		193,267
Non-Department of Defense U.S. Government
Cost Reimbursement	2,096		3,874
Time & Materials and Fixed-Price-Level-of-Effort	19,993		38,893
Firm-Fixed-Price	2,606		5,387
Total Non-Department of Defense U.S. Government	24,695		48,154
Commercial and other
Cost Reimbursement	—		—
Time & Materials and Fixed-Price-Level-of-Effort	446		1,828
Firm-Fixed-Price	3,933		10,633
Total Commercial and other	4,379		12,461
Total Revenues	$	128,140	$	253,882