Quarterly report pursuant to sections 13 or 15(d)

Accounting Policies (Tables)

v2.4.0.8
Accounting Policies (Tables)
3 Months Ended
Dec. 29, 2013
Accounting Policies [Abstract]  
Schedule of inventory
    (Thousands)  
    As of 
December 29, 
2013
    As of 
September 29,
2013
 
             
Raw Materials   $ 6,095     $ 6,856  
Work in Process     2,014       1,901  
Finished Goods     184       115  
Gross Inventory   $ 8,293     $ 8,872  
Less:                
Unliquidated Progress Payments     -       (62 )
Inventory Reserves     (1,231 )     (1,231 )
Net Inventory   $ 7,062     $ 7,579  
Schedule of current contract milestone
        Thousands  
Milestone Event   Estimated 
Completion / 
Invoice Date
  Revenue     Customer
Deposits /
Liability
 
                 
Start of Work Meeting 
System Functional Review 
Production Start of Work
  Complete   $ 34.4     $ 552.9  
                     
Delivery of Two Prototypes   Complete     63.7       61.8  
                     
Preliminary Design Review 
PRM #1 (Meeting) Production 
Readiness Review
  Complete     25.0       1,032.4  
                     
Critical Design Review 
PRM #2 (Meeting)
  Complete     25.0       150.0  
                     
Placement of Long Lead Material (LLM)   Complete     25.0       100.4  
                     
Delivery of Two Engineering Development Units   Complete     55.0       100.0  
                     
Delivery of One Production Ready Unit   Complete     68.2       125.6  
                     
PRM #3 (Meeting)   Complete     84.2       570.0  
                     
FAT and PCA Complete   Complete     275.2       449.4  
                     
Delivery of Two Final Production Ready Units   Complete     9.7       125.6  
Total Contract Milestones       $ 665.4     $ 3,268.1  
                     
Less: Liquidated Milestones (shipments)                 (846.3 )
Add: Other /unrelated customer advance deposits                 39.6  
                     
Total Customer Deposits/Milestones               $ 2,461.4