XML 118 R30.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Income Taxes (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2013
Income Tax Disclosure [Abstract] |
Schedule of sources of pretax income | The sources of pretax income are as follows:
|  | Twelve Months Ended
|  | June 30, 2013 |  | June 30, 2012 |  | June 30, 2011
|  | (In thousands)
Domestic |  | $ | 37,876 |  |  | $ | 27,346 |  |  | $ | 29,939 |
Foreign |  | (1,960 | ) |  | 3,144 |  |  | 677 |
Total |  | $ | 35,916 |  |  | $ | 30,490 |  |  | $ | 30,616 |
Components of the provision for income taxes | The components of the provision for income taxes are as follows:
|  | Twelve Months Ended
|  | June 30, 2013 |  | June 30, 2012 |  | June 30, 2011
|  | (In thousands)
Current: |  |  |  |  |  |
Federal |  | $ | 8,260 |  |  | $ | 11,320 |  |  | $ | 6,104 |
State |  | 1,268 |  |  | 1,129 |  |  | 1,086 |
Foreign |  | 449 |  |  | 762 |  |  | 604 |
|  | 9,977 |  |  | 13,211 |  |  | 7,794 |
Deferred: |  |  |  |  |  |
Federal |  | 1,801 |  |  | (151 | ) |  | 3,837 |
State |  | 126 |  |  | 283 |  |  | 389 |
Foreign |  | 4 |  |  | (41 | ) |  | (386 | )
|  | 1,931 |  |  | 91 |  |  | 3,840 |
|  | $ | 11,908 |  |  | $ | 13,302 |  |  | $ | 11,634 |
Difference between expected income tax provision applying domestic federal statutory tax rate and reported income tax provision | The difference between the expected income tax provision applying the domestic federal statutory tax rate and the reported income tax provision is as follows:
|  | Twelve Months Ended
|  | June 30, 2013 |  | June 30, 2012 |  | June 30, 2011
|  | (In thousands)
Expected provision for Federal income taxes at the statutory rate |  | $ | 12,570 |  |  | $ | 10,670 |  |  | $ | 10,710 |
State income taxes, net of Federal benefit |  | 1,252 |  |  | 970 |  |  | 1,095 |
Charges without tax benefit |  | 1,231 |  |  | 1,004 |  |  | 16 |
Change in valuation allowance |  | (140 | ) |  | (544 | ) |  | — |
Cumulative non-deductible expenses |  | — |  |  | 2,139 |  |  | — |
IRC S199 deduction |  | (844 | ) |  | (687 | ) |  | (187 | )
Research & Development Credit |  | (1,450 | ) |  | — |  |  | — |
Foreign tax differential |  | (160 | ) |  | — |  |  | — |
Other |  | (551 | ) |  | (250 | ) |  | — |
Provision for income taxes |  | $ | 11,908 |  |  | $ | 13,302 |  |  | $ | 11,634 |
Significant components of Company's deferred tax assets and liabilities | Significant components of the Company’s deferred tax assets and liabilities are as follows:
|  | June 30, 2013 |  | June 30, 2012
|  | (In thousands)
Deferred tax assets: |  |  |  |
Bad debt reserve |  | $ | 310 |  |  | $ | 468 |
Paid-time-off accrual |  | 602 |  |  | 520 |
Insurance reserve |  | 2,226 |  |  | 2,150 |
Legal reserve |  | 462 |  |  | 488 |
Net operating loss benefit and credit carryforwards |  | 3,884 |  |  | 3,788 |
Valuation allowance |  | (88 | ) |  | (230 | )
Accrued compensation and pension |  | 850 |  |  | 759 |
Stock compensation expense on nonvested deferred shares |  | 943 |  |  | 1,189 |
Accrued losses |  | 232 |  |  | 298 |
Other—net |  | 204 |  |  | 150 |
Total deferred tax assets |  | 9,625 |  |  | 9,580 |
Deferred tax liabilities: |  |  |  |
Tax over book depreciation |  | 9,064 |  |  | 8,512 |
Tax over book amortization |  | 1,137 |  |  | 691 |
Prepaid insurance |  | 1,217 |  |  | — |
Other—net |  | — |  |  | 428 |
Total deferred tax liabilities |  | 11,418 |  |  | 9,631 |
Net deferred tax liability |  | $ | (1,793 | ) |  | $ | (51 | )
Significant components of Company's deferred tax assets and liabilities as reported in consolidated balance sheets | As reported in the consolidated balance sheets:
|  | June 30, 2013 |  | June 30, 2012
|  | (In thousands)
Current deferred tax assets |  | $ | 5,657 |  |  | $ | 6,024 |
Non-current deferred tax liabilities |  | (7,450 | ) |  | (6,075 | )
Net deferred tax liability |  | $ | (1,793 | ) |  | $ | (51 | )

X
- Definition Schedule of components of deferred tax assets and Liabilities, net. + References No definition available. + Details
Name: | mtrx_ScheduleOfComponentsOfDeferredTaxAssetsAndLiabilitiesNetTableTextBlock
Namespace Prefix: | mtrx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References No definition available. + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration