SMTC Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 2 - ASC 606 Revenue from Contracts with Customers - Impact of Adoption of ASC 606 (Details)

v3.10.0.1

Note 2 - ASC 606 Revenue from Contracts with Customers - Impact of Adoption of ASC 606 (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jul. 01, 2018	Jul. 01, 2018	Jul. 02, 2017	Jul. 01, 2018	Jul. 02, 2017	Jan. 01, 2018	Dec. 31, 2017
Inventories	$ 25,214	$ 25,214		$ 25,214		$ 18,949	$ 22,363
Unbilled contract assets	6,808	6,808		6,808		3,734
Total shareholders’ equity	19,869	19,869		19,869		19,394	19,074
Unbilled contract assets	6,808	6,808		6,808		3,734
Inventories	25,214	25,214		25,214		18,949	22,363
Total shareholders’ equity	19,869	19,869		19,869		19,394	$ 19,074
Revenue	44,479	44,479	$ 32,995	81,599	$ 66,173
Cost of sales	40,196	40,196	31,575	73,466	61,196
Gross profit	4,283	4,283	1,420	8,133	4,977
Income tax expense	234	234	154	260	147
Net loss	(97)	(97)	$ (6,013)	(89)	$ (6,390)
Accounting Standards Update 2014-09 [Member]
Inventories						(3,414)
Unbilled contract assets						3,734
Total shareholders’ equity						320
Unbilled contract assets						3,734
Inventories						(3,414)
Total shareholders’ equity						$ 320
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Inventories	31,578	31,578		31,578
Unbilled contract assets
Total shareholders’ equity	19,425	19,425		19,425
Unbilled contract assets
Inventories	31,578	31,578		31,578
Total shareholders’ equity	19,425	19,425		19,425
Revenue	43,140			78,525
Cost of sales	38,929			70,516
Gross profit	4,211			8,009
Income tax expense	234			260
Net loss	(169)			(213)
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Revenue	1,339			3,074
Cost of sales	1,267			2,950
Gross profit	72			124
Income tax expense
Net loss	72			124
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] \| Accounting Standards Update 2014-09 [Member]
Inventories	(6,364)	(6,364)		(6,364)
Unbilled contract assets	6,808	6,808		6,808
Total shareholders’ equity	444	444		444
Unbilled contract assets	6,808	6,808		6,808
Inventories	(6,364)	(6,364)		(6,364)
Total shareholders’ equity	$ 444	$ 444		$ 444

- Definition

Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, classified as current.

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