Mastech Digital (MHH) 10-Q12 May 152015 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2015	Apr. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	MHH
Entity Registrant Name	Mastech Holdings, Inc.
Entity Central Index Key	1437226
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,329,818

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Revenues	$27,060	$28,684
Cost of revenues	22,373	23,459
Gross profit	4,687	5,225
Selling, general and administrative expenses	4,359	3,831
Income from operations	328	1,394
Interest income (expense), net	-12	-23
Other income (expense), net	-5	31
Income before income taxes	311	1,402
Income tax expense	116	533
Net income	$195	$869
Earnings per share:
Basic	$0.05	$0.20
Diluted	$0.04	$0.20
Weighted average common shares outstanding:
Basic	4,328	4,310
Diluted	4,441	4,440

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$195	$869
Other comprehensive income:
Net unrealized gain on cash flow hedges	29	52
Income tax expense	11	20
Total other comprehensive income	18	32
Total comprehensive income	$213	$901

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$2,853	$2,568
Accounts receivable, net of allowance for uncollectible accounts of $260 in 2015 and 2014	8,889	10,677
Unbilled receivables	6,459	4,549
Prepaid and other current assets	949	926
Deferred income taxes	210	120
Total current assets	19,360	18,840
Equipment, enterprise software, and leasehold improvements, at cost:
Equipment	1,072	1,022
Enterprise software	629	629
Leasehold improvements	327	320
Total equipment, enterprise software, and leasehold improvements	2,028	1,971
Less - accumulated depreciation	-1,325	-1,270
Net equipment, enterprise software, and leasehold improvements	703	701
Deferred income taxes	177	188
Deferred financing costs, net	46	51
Non-current deposits	232	264
Total assets	20,518	20,044
Current liabilities:
Accounts payable	1,918	1,514
Accrued payroll and related costs	4,944	5,012
Other accrued liabilities	511	531
Deferred revenue	31	119
Total current liabilities	7,404	7,176
Total liabilities	7,404	7,176
Commitments and contingent liabilities (Note 2)
Shareholders' equity:
Preferred Stock, no par value; 20,000,000 shares authorized; none outstanding
Common Stock, par value $.01; 125,000,000 shares authorized and 5,145,772 shares issued as of March 31, 2015 and 5,099,184 shares issued as of December 31, 2014	51	51
Additional paid-in-capital	12,967	12,733
Retained earnings	4,219	4,024
Accumulated other comprehensive loss	-7	-25
Treasury stock, at cost; 815,954 shares as of March 31, 2015 and 795,063 as of December 31, 2014	-4,116	-3,915
Total shareholders' equity	13,114	12,868
Total liabilities and shareholders' equity	$20,518	$20,044

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, allowance for uncollectible accounts	$260	$260
Preferred Stock, par value	$0	$0
Preferred Stock, shares authorized	20,000,000	20,000,000
Preferred Stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	5,145,772	5,099,184
Treasury stock, shares	815,954	795,063

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
OPERATING ACTIVITIES:
Net income	$195	$869
Adjustments to reconcile net income to cash provided by (used in) operating activities:
Depreciation and amortization	55	31
Interest amortization of deferred financing costs	5	8
Stock-based compensation expense	95	85
Deferred income taxes, net	-79	8
(Gain) loss on derivative contract	7	-13
Working capital items:
Accounts receivable and unbilled receivables	-122	-2,873
Prepaid and other current assets	-34	-16
Accounts payable	404	-140
Accrued payroll and related costs	-68	497
Other accrued liabilities	2	-52
Deferred revenue	-88	35
Net cash flows provided by (used in) operating activities	372	-1,561
INVESTING ACTIVITIES:
(Payments for) refund of non-current deposits	32	-2
Capital expenditures	-57	-15
Net cash flows (used in) investing activities	-25	-17
FINANCING ACTIVITIES:
Proceeds from short-term borrowings, net		1,620
Purchase of treasury stock	-201	-272
Proceeds from the exercise of stock options	16	9
Increase in excess tax benefits related to stock options/restricted shares, net	123	305
Net cash flows provided by (used in) financing activities	-62	1,662
Net change in cash and cash equivalents	285	84
Cash and cash equivalents, beginning of period	2,568	424
Cash and cash equivalents, end of period	$2,853	$508

Description_of_Business_and_Ba

Description of Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Description of Business and Basis of Presentation	1	Description of Business and Basis of Presentation:
	References in this Quarterly Report on Form 10-Q to “we”, “our”, “Mastech” or “the Company” refer collectively to Mastech Holdings, Inc. and its wholly-owned operating subsidiaries, which are included in these Condensed Consolidated Financial Statements.
	Description of Business
	We are a provider of IT staffing services. Our IT staffing business combines technical expertise with business process experience to deliver a broad range of services within business intelligence / data warehousing; web services; enterprise resource planning & customer resource management; eBusiness solutions; mobile applications; and the implementation and support for cloud-based applicants. We work with businesses and institutions with significant IT spending and recurring staffing needs. We also support smaller organizations with their “project focused” temporary IT staffing requirements. Our services span a broad range of industry verticals including: automotive; consumer products; education; financial services; government; healthcare; manufacturing; retail; technology; telecommunications; transportation; and utilities.
	Basis of Presentation
	The accompanying Condensed Consolidated Financial Statements (the “Financial Statements”) have been prepared by management in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and applicable rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and disclosures required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from these estimates. These financial statements should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes for the year ended December 31, 2014, included in our Annual Report on Form 10-K filed with the SEC on March 20, 2015. Additionally, our operating results for the three months ended March 31, 2015 are not necessarily indicative of the results that can be expected for the year ending December 31, 2015 or for any other period.
	Principles of Consolidation
	The Financial Statements include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
	Critical Accounting Policies
	Please refer to Note 1 “Summary of Significant Accounting Policies” of the Consolidated Financial Statements and “Management’s Discussion and Analysis of Financial Condition and Results of Operations–Critical Accounting Policies” in our Annual Report on Form 10-K for the year ended December 31, 2014 for a more detailed discussion of our significant accounting policies and critical accounting estimates. There were no material changes to these critical accounting policies during the three months ended March 31, 2015.
	Segment Reporting
	The Company has one reportable segment in accordance with ASC Topic 280 “Disclosures About Segments of an Enterprise and Related Information”.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	2	Commitments and Contingencies
	Lease Commitments
	The Company rents certain office space and equipment under non-cancelable leases which provide for future minimum rental payments. Total lease commitments have not materially changed from the amounts disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014.

	Contingencies
	In the ordinary course of our business, the Company is involved in a number of lawsuits and administrative proceedings. While uncertainties are inherent in the final outcome of these matters, the Company’s management believes, after consultation with legal counsel, that the disposition of these proceedings should not have a material adverse effect on our financial position, results of operations or cash flows.

Employee_Benefit_Plan

Employee Benefit Plan	3 Months Ended
	Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plan	3	Employee Benefit Plan
	The Company provides an Employee Retirement Savings Plan (the “Retirement Plan”) under Section 401(k) of the Internal Revenue Code of 1986, as amended (the “Code”) that covers substantially all U.S. based salaried employees. Employees may contribute a percentage of eligible compensation to the Retirement Plan, subject to certain limits under the Code. For the three months ended March 31, 2015 and March 31, 2014, the Company did not provide for any matching contributions.

Mastech_Stock_Incentive_Plan

Mastech Stock Incentive Plan	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Mastech Stock Incentive Plan	4	Mastech Stock Incentive Plan
	In 2008, the Company adopted a Stock Incentive Plan (the “Plan”) which, as amended, provides that up to 1,200,000 shares of the Company’s common stock shall be allocated for issuance to directors, officers and key personnel. Grants under the Plan can be made in the form of stock options, stock appreciation rights, performance shares or stock awards. During the three months ended March 31, 2015 and March 31, 2014, there were no grants made under the Plan.
	As of March 31, 2015, there were 178,000 shares available for grant under the Plan.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	5	Stock-Based Compensation
	Stock-based compensation expense was $95,000 and $85,000 for the three month periods ended March 31, 2015 and 2014, respectively. Stock-based compensation expense is included in selling, general and administrative expenses in the Condensed Consolidated Statements of Operations.
	During the three months ended March 31, 2015, the Company issued 46,589 shares related to the exercise of stock options and vesting of performance share grants. During the three months ended March 31, 2014, the Company issued 75,743 shares related to the exercise of stock options and vesting of performance shares.

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	6	Income Taxes
	The components of income before income taxes, as shown in the accompanying Financial Statements, consisted of the following for the three months ended March 31, 2015 and 2014:


			Three Months Ended
			March 31,
			2015			2014
			(Amounts in Thousands)
	Income before income taxes:
	Domestic		$	311		$	1,402
	Foreign			—			—

	Income before income taxes		$	311		$	1,402

	While all of the Company’s revenues and income is generated within the United States, the Company does have a foreign subsidiary in India which provides recruitment services to its U.S. operations. Accordingly, the Company allocates a portion of its income to this subsidiary based on a “transfer pricing” model. No provision for U.S. income taxes has been made for the undistributed earnings of its Indian subsidiary as of March 31, 2015, as those earnings are expected to be permanently reinvested outside the U.S. If these foreign earnings were to be repatriated in the future, the U.S. tax liability may be reduced by any foreign income taxes previously paid on such earnings, which would make this U.S. tax liability immaterial. The determination of the amount of unrecognized deferred tax liability related to these earnings is not practicable.

	The provision for income taxes, as shown in the accompanying Condensed Consolidated Financial Statements, consisted of the following for the three months ended March 31, 2015 and 2014:


			Three Months Ended
			March 31,
			2015			2014
			(Amounts in Thousands)
	Current provision:
	Federal		$	178		$	473
	State			17			52

	Total current provision			195			525

	Deferred provision (benefit):
	Federal			(69	)		7
	State			(10	)		1

	Total deferred provision (benefit)			(79	)		8

	Total provision for income taxes		$	116		$	533

	The reconciliation of income taxes computed using the statutory U.S. income tax rate and the provision for income taxes for the three months ended March 31, 2015 and 2014 were as follows (amounts in thousands):


			Three Months Ended						Three Months Ended
			March 31, 2015						March 31, 2014
	Income taxes computed at the federal statutory rate		$	106			34	%	$	477	34	%
	State income taxes, net of federal tax benefit			7			2.3			53	3.8
	Other – net			3			1			3	0.2

			$	116			37.3	%	$	533	38	%

	A reconciliation of the beginning and ending amounts of unrecognized tax benefits related to uncertain tax positions, including interest and penalties, are as follows:


	(Amounts in thousands)		Three Months Ended
	(Amounts in thousands)		March 31, 2015
	Balance as of December 31, 2014		$	138
	Additions related to current period			9
	Additions related to prior periods			—
	Reductions related to prior periods			—

	Balance as of March 31, 2015		$	147

	Although it is difficult to anticipate the final outcome of these uncertain tax positions, the Company believes that the total amount of unrecognized tax benefits could be reduced by approximately $38,000 during the next twelve months due to the expiration of the statutes of limitation.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

The Company enters into foreign currency forward contracts (“derivative contracts”) to mitigate and manage the risk of changes in foreign exchange rates related to highly probable expenditures in support of its Indian-based global recruitment operations. These forward contracts have been designated as cash flow hedging instruments and qualified as effective hedges at inception under ASC Topic 815, “Derivatives and Hedging”.

All derivatives are recognized on the balance sheet at fair value. The effective portion of the changes in fair value on these instruments is recorded in other comprehensive income (loss) and is reclassified into the Consolidated Statements of Operations on the same line item and in the same period in which the underlying hedge transaction affects earnings. Changes in the fair value of these instruments deemed ineffective are recognized in the Consolidated Statements of Operations as foreign exchange gains (losses). Hedge effectiveness is assessed based on changes in the fair value of the forward contracts related to the difference between the spot price and the forward price. Forward points (premiums/discounts) are excluded from the assessment of hedge effectiveness and are recognized in the Condensed Consolidated Statements of Operations as foreign exchange gains (losses).

As of March 31, 2015, the Company’s outstanding contracts mature in nine monthly installments of 11 million rupees per month through December 2015, meet the qualifying criteria for hedge accounting and have been deemed to be effective. Accordingly, the Company has recorded other comprehensive pretax losses of $12,000 as of March 31, 2015.

The following table presents information related to foreign currency forward contracts held by the Company:

Outstanding hedge transactions qualifying for hedge accounting as of March 31, 2015 (amounts in thousands):

Maturity Date Ranges

Rupee Strike Price

Amount

Net Unrealized

Ranges

Gain/(Loss)

March 31, 2015

Forward contracts USD:

From:

April 20, 2015

63.37

To:

December 18, 2015

65.34

Total

1,537

(12

)

The effect of derivative instruments on the Condensed Consolidated Statements of Operations and Comprehensive Income are as follows (in thousands):

Derivatives in ASC Topic 815 Cash Flow Hedging Relationships

Amount of

Location of

Amount of

Location of

Amount of

Gain / (Loss)

recognized in

reclassified from

reclassified

reclassified in

recognized in

OCI on

Accumulated

from

Income

Derivatives

OCI to

Accumulated

(Expense)

Income

OCI to

on Derivatives

(Expense)

Income

(Expense)

(Effective

(Ineffective Portion/Amounts

Portion)

excluded from

effectiveness testing)

For the Three Months Ended March 31, 2015:

Currency Forward Contracts

SG&A

)

Other

)

Expense

Income/

(Expense)

For the Three Months Ended March 31, 2014:

Currency Forward Contracts

SG&A

)

Other

Expense

Income/

(Expense)

Information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets (in thousands):

March 31, 2015

December 31, 2014

Derivative Instruments

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Currency Forward Contracts

Other Current

Liabilities

The estimated amount of pretax losses as of March 31, 2015 that is expected to be reclassified from other comprehensive income (loss) into earnings within the next 12 months is $12,000.

Fair_Value_Measurements

Fair Value Measurements

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

The Company has adopted the provisions of ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”) related to certain financial and nonfinancial assets and liabilities. ASC 820 establishes the authoritative definition of fair value; sets out a framework for measuring fair value; and expands the required disclosures about fair value measurements. The valuation techniques required by ASC 820 are based on observable and unobservable inputs using the following three-tier hierarchy:

•

Level 1 - Inputs are observable quoted prices (unadjusted) in active markets for identical assets and liabilities.

•

Level 2 - Inputs are observable, other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are directly or indirectly observable in the marketplace.

•

Level 3 - Inputs are unobservable that are supported by little or no market activity.

At March 31, 2015 and December 31, 2014, the Company carried the following financial assets and (liabilities) at fair value measured on a recurring basis (in thousands):

Fair Value as of March 31, 2015

Level 1

Level 2

Level 3

(Amounts in thousands)

Currency Forward Contracts

(16

)

Fair Value as of December 31, 2014

Level 1

Level 2

Level 3

(Amounts in thousands)

Currency Forward Contracts

(38

)

Shareholders_Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Shareholders' Equity	9	Shareholders’ Equity
	As of March 31, 2015, the Company had 472,238 shares available for purchase under its existing share repurchase program. Repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable securities laws through December 22, 2016. During the three months ended March 31, 2015, the Company repurchased 12,654 shares of common stock under this program at an average price of $9.49 per share. Additionally, the Company purchased an additional 8,237 shares to satisfy employee tax obligations related to the vesting of performance shares at a share price of $9.74. During the three months ended March 31, 2014, the Company purchased 19,341 shares at a share price of $14.06 to satisfy employee tax obligations related to the vesting of performance shares.

Revenue_Concentration

Revenue Concentration	3 Months Ended
	Mar. 31, 2015
Risks and Uncertainties [Abstract]
Revenue Concentration	10	Revenue Concentration
	For the three months ended March 31, 2015, the Company had one client that exceeded 10% of total revenues (Accenture =3.0%). For the three months ended March 31, 2014, the Company had two clients that exceeded 10% of total revenues (KPMG =1.1% and Accenture =0.5%).
	The Company’s top ten clients represented approximately 59% and 61% of total revenues for the three months ended March 31, 2015 and 2014, respectively.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	11	Earnings Per Share
	The computation of basic earnings per share is based on the Company’s net income divided by the weighted average number of common shares outstanding. Diluted earnings per share reflects the potential dilution that could occur if outstanding stock options were exercised. The dilutive effect of stock options was calculated using the treasury stock method.
	For the three months ended March 31, 2015 and 2014, there were no anti-dilutive stock options excluded from the computation of diluted earnings per share.

Severance_Charges

Severance Charges	3 Months Ended
	Mar. 31, 2015
Text Block [Abstract]
Severance Charges	12	Severance Charges
	The Company incurred severance costs of $305,000 (pre-tax) in the three month period ended March 31, 2015 related to a change in sales leadership. For the three months ended March 31, 2014, the Company incurred no severance costs.

Recently_Issued_Accounting_Sta

Recently Issued Accounting Standards	3 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Standards	13	Recently Issued Accounting Standards
	In May 2014, the FASB issued ASU No. 2014-9, “Revenue from Contracts with Customers”, which stipulates that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This new guidance is effective for annual reporting periods beginning after December 15, 2016 and is to be applied retrospectively at the entity’s election either to each prior reporting period presented or with the cumulative effect of application recognized at the date of initial application. Early adoption is not permitted.
	The Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements.

	In June 2014, the Financial Accounting Standards Board (FASB) issued Update 2014-12, Compensation—Stock Compensation (Topic 718) Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. Generally, share-based payment awards require a specific performance target to be achieved in order for employees to become eligible to vest in the awards. Also, an award with a performance target generally requires an employee to render service until the performance target is achieved. In some cases, however, the terms of an award may provide that the performance target could be achieved after an employee completes the requisite service period. That is, the employee would be eligible to vest in the award regardless of whether the employee is rendering service on the date the performance target is achieved. This Update is intended to resolve the diverse accounting treatment of those awards in practice.
	The amendments require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. As indicated in the definition of vest, the stated vesting period (which includes the period in which the performance target could be achieved) may differ from the requisite service period. For all entities, the amendments in this Update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted.
	The Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements.

Subsequent_Event

Subsequent Event	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	14	Subsequent Event
	On May 11, 2015, the Company announced that it has entered into a definitive asset purchase agreement to acquire Hudson Global’s IT staffing business. The transaction has been approved by the Company’s Board of Directors and, subject to customary closing conditions, is expected to close in the second quarter of 2015. The financial terms of the agreement include a $17 million cash purchase price at closing, with the seller retaining working capital. The cash purchase price will be paid with a combination of cash balances on hand and borrowings under the Company’s existing credit facility.

Description_of_Business_and_Ba1

Description of Business and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Description of Business	Description of Business
	We are a provider of IT staffing services. Our IT staffing business combines technical expertise with business process experience to deliver a broad range of services within business intelligence / data warehousing; web services; enterprise resource planning & customer resource management; eBusiness solutions; mobile applications; and the implementation and support for cloud-based applicants. We work with businesses and institutions with significant IT spending and recurring staffing needs. We also support smaller organizations with their “project focused” temporary IT staffing requirements. Our services span a broad range of industry verticals including: automotive; consumer products; education; financial services; government; healthcare; manufacturing; retail; technology; telecommunications; transportation; and utilities.
Basis of Presentation	Basis of Presentation
	The accompanying Condensed Consolidated Financial Statements (the “Financial Statements”) have been prepared by management in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and applicable rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and disclosures required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from these estimates. These financial statements should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes for the year ended December 31, 2014, included in our Annual Report on Form 10-K filed with the SEC on March 20, 2015. Additionally, our operating results for the three months ended March 31, 2015 are not necessarily indicative of the results that can be expected for the year ending December 31, 2015 or for any other period.
Principles of Consolidation	Principles of Consolidation
	The Financial Statements include the accounts of the Company and its wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.
Critical Accounting Policies	Critical Accounting Policies
	Please refer to Note 1 “Summary of Significant Accounting Policies” of the Consolidated Financial Statements and “Management’s Discussion and Analysis of Financial Condition and Results of Operations–Critical Accounting Policies” in our Annual Report on Form 10-K for the year ended December 31, 2014 for a more detailed discussion of our significant accounting policies and critical accounting estimates. There were no material changes to these critical accounting policies during the three months ended March 31, 2015.
Segment Reporting	Segment Reporting
	The Company has one reportable segment in accordance with ASC Topic 280 “Disclosures About Segments of an Enterprise and Related Information”.

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
Income Taxes (Tables)	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Components of Income Before Income Taxes	The components of income before income taxes, as shown in the accompanying Financial Statements, consisted of the following for the three months ended March 31, 2015 and 2014:


		Three Months Ended
		March 31,
		2015			2014
		(Amounts in Thousands)
	Income before income taxes:
	Domestic	$	311		$	1,402
	Foreign		—			—

	Income before income taxes	$	311		$	1,402

Provision for Income Taxes	The provision for income taxes, as shown in the accompanying Condensed Consolidated Financial Statements, consisted of the following for the three months ended March 31, 2015 and 2014:


		Three Months Ended
		March 31,
		2015			2014
		(Amounts in Thousands)
	Current provision:
	Federal	$	178		$	473
	State		17			52

	Total current provision		195			525

	Deferred provision (benefit):
	Federal		(69	)		7
	State		(10	)		1

	Total deferred provision (benefit)		(79	)		8

	Total provision for income taxes	$	116		$	533

Reconciliation of Income Taxes	The reconciliation of income taxes computed using the statutory U.S. income tax rate and the provision for income taxes for the three months ended March 31, 2015 and 2014 were as follows (amounts in thousands):


		Three Months Ended						Three Months Ended
		March 31, 2015						March 31, 2014
	Income taxes computed at the federal statutory rate	$	106			34	%	$	477	34	%
	State income taxes, net of federal tax benefit		7			2.3			53	3.8
	Other – net		3			1			3	0.2

		$	116			37.3	%	$	533	38	%

Unrecognized Tax Benefits Related to Uncertain Tax Positions	A reconciliation of the beginning and ending amounts of unrecognized tax benefits related to uncertain tax positions, including interest and penalties, are as follows:


	(Amounts in thousands)	Three Months Ended
	(Amounts in thousands)	March 31, 2015
	Balance as of December 31, 2014	$	138
	Additions related to current period		9
	Additions related to prior periods		—
	Reductions related to prior periods		—

	Balance as of March 31, 2015	$	147

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Hedge Transactions Qualifying for Hedge Accounting

Outstanding hedge transactions qualifying for hedge accounting as of March 31, 2015 (amounts in thousands):

Maturity Date Ranges

Rupee Strike Price

Amount

Net Unrealized

Ranges

Gain/(Loss)

March 31, 2015

Forward contracts USD:

From:

April 20, 2015

63.37

To:

December 18, 2015

65.34

Total

1,537

(12

)

Effect of Derivative Instruments on Consolidated Statements of Operations and Comprehensive Income

The effect of derivative instruments on the Condensed Consolidated Statements of Operations and Comprehensive Income are as follows (in thousands):

Derivatives in ASC Topic 815 Cash Flow Hedging Relationships

Amount of

Location of

Amount of

Location of

Amount of

Gain / (Loss)

recognized in

reclassified from

reclassified

reclassified in

recognized in

OCI on

Accumulated

from

Income

Derivatives

OCI to

Accumulated

(Expense)

Income

OCI to

on Derivatives

(Expense)

Income

(Expense)

(Effective

(Ineffective Portion/Amounts

Portion)

excluded from

effectiveness testing)

For the Three Months Ended March 31, 2015:

Currency Forward Contracts

SG&A

)

Other

)

Expense

Income/

(Expense)

For the Three Months Ended March 31, 2014:

Currency Forward Contracts

SG&A

)

Other

Expense

Income/

(Expense)

Information on Location and Amounts of Derivative Fair Values in Condensed Consolidated Balance Sheets

Information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets (in thousands):

March 31, 2015

December 31, 2014

Derivative Instruments

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Currency Forward Contracts

Other Current Liabilities

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
Fair Value Measurements (Tables)	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Summary of Financial Assets at Fair Value Measured on Recurring Basis	At March 31, 2015 and December 31, 2014, the Company carried the following financial assets and (liabilities) at fair value measured on a recurring basis (in thousands):


		Fair Value as of March 31, 2015
		Level 1		Level 2			Level 3
	(Amounts in thousands)
	Currency Forward Contracts	$	0	$	(16	)	$	0



		Fair Value as of December 31, 2014
		Level 1		Level 2			Level 3
	(Amounts in thousands)
	Currency Forward Contracts	$	0	$	(38	)	$	0

Description_of_Business_and_Ba2

Description of Business and Basis of Presentation - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015
	Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segment	1

Employee_Benefit_Plan_Addition

Employee Benefit Plan - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Matching contributions	$0	$0

Mastech_Stock_Incentive_Plan_A

Mastech Stock Incentive Plan - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2008
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shares allocated for issuance to directors, officers and key personnel			1,200,000
Number of stock options granted	0	0
Number of shares available for grant	178,000

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$95,000	$85,000
Number of shares issued related to exercise of stock options	46,589	75,743
Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$95,000	$85,000

Income_Taxes_Components_of_Inc

Income Taxes - Components of Income Before Income Taxes (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income before income taxes:
Domestic	$311	$1,402
Foreign	0	0
Income before income taxes	$311	$1,402

Income_Taxes_Provision_for_Inc

Income Taxes - Provision for Income Taxes (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Current provision:
Federal	$178	$473
State	17	52
Total current provision	195	525
Deferred provision (benefit):
Federal	-69	7
State	-10	1
Total deferred provision (benefit)	-79	8
Total provision for income taxes	$116	$533

Income_Taxes_Reconciliation_of

Income Taxes - Reconciliation of Income Taxes (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Income taxes computed at the federal statutory rate, Value	$106	$477
State income taxes, net of federal tax benefit, Value	7	53
Other - net, Value	3	3
Total provision for income taxes	$116	$533
Income taxes computed at the federal statutory rate, Rate	34.00%	34.00%
State income taxes, net of federal tax benefit, Rate	2.30%	3.80%
Other - net, Rate	1.00%	0.20%
Effective for income tax rate, Total	37.30%	38.00%

Income_Taxes_Unrecognized_Tax_

Income Taxes - Unrecognized Tax Benefits Related to Uncertain Tax Positions (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Balance as of December 31, 2014	$138
Additions related to current period	9
Additions related to prior periods	0
Reductions related to prior periods	0
Balance as of March 31, 2015	$147

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended
Income Taxes - Additional Information (Detail) (USD $)	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Estimated amount of unrecognized tax benefits that could be reduced due to the expiration of the statute of limitations	$38,000

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2015
	USD ($)	INR
	Installment
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Number of equal monthly installments	9	9
Derivative instrument and hedging activities outstanding contract monthly installments amount		11,000,000
Contract maturity period	2015-12	2015-12
Losses included in other comprehensive income	12,000
Estimated amount of pretax gains from other comprehensive income (loss)	$12,000

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedging Activities - Schedule of Outstanding Hedge Transactions Qualifying for Hedge Accounting (Detail) (Currency Forward Contracts [Member])	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2015	Mar. 31, 2015
	USD ($)	Minimum [Member]	Maximum [Member]
Derivative [Line Items]
Maturity Date From		20-Apr-15	18-Dec-15
Rupee Strike Price Ranges		63.37	65.34
Amount	$1,537
Net Unrealized Gain/(Loss)	($12)

Derivative_Instruments_and_Hed4

Derivative Instruments and Hedging Activities - Effect of Derivative Instruments on Consolidated Statements of Operations and Comprehensive Income (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) recognized in OCI on Derivatives	$12,000
Currency Forward Contracts [Member] \| Cash Flow Hedging Relationships [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) recognized in OCI on Derivatives	29,000	52,000
Currency Forward Contracts [Member] \| Cash Flow Hedging Relationships [Member] \| Selling, General and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) reclassified from Accumulated OCI to Income (Expense)	-4,000	-5,000
Currency Forward Contracts [Member] \| Cash Flow Hedging Relationships [Member] \| Other Income/(Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain / (Loss) recognized in Income (Expense) on Derivatives	($1,000)	$34,000

Derivative_Instruments_and_Hed5

Derivative Instruments and Hedging Activities - Information on Location and Amounts of Derivative Fair Values in Consolidated Balance Sheets (Detail) (Currency Forward Contracts [Member], Other Current Liabilities [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Currency Forward Contracts [Member] \| Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Currency Forward Contracts	$16	$38

Fair_Value_Measurements_Summar

Fair Value Measurements - Summary of Financial Assets at Fair Value Measured on Recurring Basis (Detail) (Fair Value, Measurements, Recurring [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Currency Forward Contracts	$0	$0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Currency Forward Contracts	-16	-38
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Currency Forward Contracts	$0	$0

Shareholders_Equity_Additional

Shareholders' Equity - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Equity [Abstract]
Number of shares authorized to be repurchased	472,238
Shares purchased during period	12,654
Common stock repurchased average price	$9.49
Additional shares purchased to satisfy employee tax obligation	8,237	19,341
Average share price for additional shares purchased	$9.74	$14.06

Revenue_Concentration_Addition

Revenue Concentration - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
	Clients	Clients
Revenue, Major Customer [Line Items]
Number of clients	1	2
Minimum [Member]
Revenue, Major Customer [Line Items]
Concentration of revenues by client	10.00%	10.00%
Accenture [Member] \| Sales Revenue Net [Member] \| Customer Concentration Risk [Member]
Revenue, Major Customer [Line Items]
Concentration risk percentage	13.00%	10.50%
KPMG [Member] \| Sales Revenue Net [Member] \| Customer Concentration Risk [Member]
Revenue, Major Customer [Line Items]
Concentration risk percentage		11.10%
Top Ten Clients [Member] \| Sales Revenue Net [Member] \| Customer Concentration Risk [Member]
Revenue, Major Customer [Line Items]
Concentration risk percentage	59.00%	61.00%

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended
Earnings Per Share - Additional Information (Detail)	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Anti-dilutive securities not included in computation of earnings per share	0	0

Severance_Charges_Additional_I

Severance Charges - Additional Information (Detail) (USD $)	3 Months Ended
Severance Charges - Additional Information (Detail) (USD $)	Mar. 31, 2015	Mar. 31, 2014
Severance Charges [Abstract]
Severance cost	$305,000	$0

Subsequent_Event_Additional_In

Subsequent Event - Additional Information. (Detail) (Hudson Global IT Staffing [Member], Subsequent Event [Member], USD $)	0 Months Ended
In Millions, unless otherwise specified	11-May-15
Hudson Global IT Staffing [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Cash purchase price to acquire business	$17