Aeroflex Holding 10-Q 7 Feb 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Dec. 31, 2013	Feb. 07, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'AEROFLEX HOLDING CORP.	'
Entity Central Index Key	'0001487990	'
Current Fiscal Year End Date	'--06-30	'
Entity Filer Category	'Accelerated Filer	'
Trading Symbol	'ARX	'
Entity Common Stock, Shares Outstanding	'	85,208,482
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Dec-13	'
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Assets	'	'
Cash and cash equivalents	$60,949	$39,424
Accounts receivable, less allowance for doubtful accounts of $3,453 and $3,422	125,417	151,163
Inventories	170,146	156,516
Deferred income taxes	34,496	35,491
Prepaid expenses and other current assets	14,107	9,374
Total current assets	405,115	391,968
Property, plant and equipment, net of accumulated depreciation of $121,091 and $122,479	100,982	101,546
Deferred financing costs, net	10,722	11,580
Other assets	31,188	31,886
Intangible assets with definite lives, net	48,676	65,552
Intangible assets with indefinite lives	113,006	110,779
Goodwill	316,990	315,643
Total assets	1,026,679	1,028,954
Liabilities and Stockholders' Equity	'	'
Accounts payable	29,174	34,768
Advance payments by customers and deferred revenue	23,280	23,490
Income taxes payable	3,086	12,003
Accrued payroll expenses	17,655	21,694
Accrued expenses and other current liabilities	34,642	37,184
Total current liabilities	107,837	129,139
Long-term debt	587,000	587,000
Deferred income taxes	62,459	67,296
Other long-term liabilities	20,262	23,061
Total liabilities	777,558	806,496
Stockholders' equity:	'	'
Preferred stock, par value $.01 per share; 50,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, par value $.01 per share; 300,000,000 shares authorized, 85,208,482 and 84,936,582 shares issued and outstanding	852	849
Additional paid-in capital	652,175	651,950
Accumulated other comprehensive income (loss)	-28,605	-43,406
Accumulated deficit	-375,301	-386,935
Total stockholders' equity	249,121	222,458
Total liabilities and stockholders' equity	$1,026,679	$1,028,954

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets [Parenthetical] (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowance for doubtful accounts (in dollars)	$3,453	$3,422
Property, plant and equipment, accumulated depreciation (in dollars)	$121,091	$122,479
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	85,208,482	84,936,582
Common stock, shares outstanding	85,208,482	84,936,582

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net sales	$151,105	$151,872	$283,837	$289,507
Cost of sales	76,125	73,814	143,039	143,227
Gross profit	74,980	78,058	140,798	146,280
Operating expenses:	'	'	'	'
Selling, general and administrative costs	34,012	36,427	67,180	71,947
Research and development costs	22,694	21,088	44,179	41,966
Amortization of acquired intangibles	7,212	14,063	17,730	28,643
Restructuring charges	1,539	66	2,223	3,333
Impairment of asset held for sale	0	1,340	0	1,340
Total operating expenses	65,457	72,984	131,312	147,229
Operating income (loss)	9,523	5,074	9,486	-949
Other income (expense):	'	'	'	'
Interest expense	-7,240	-9,768	-14,492	-19,846
Write-off of deferred financing costs	0	-227	0	-824
Other income (expense), net	-296	-212	-347	-501
Total other income (expense), net	-7,536	-10,207	-14,839	-21,171
Income (loss) from continuing operations before income taxes	1,987	-5,133	-5,353	-22,120
Provision (benefit) for income taxes	860	-5,306	-2,525	-7,777
Income (loss) from continuing operations	1,127	173	-2,828	-14,343
Discontinued operations:	'	'	'	'
Income from discontinued operations, net of tax provision	0	572	360	949
Gain on disposal of operations, net of tax	'	'	14,102	0
Income from discontinued operations	'	'	14,462	949
Net income (loss)	$1,127	$745	$11,634	($13,394)
Income per common share - basic:	'	'	'	'
Continuing operations (in dollars per share)	$0.01	$0	'	'
Discontinued operations (in dollars per share)	$0	$0.01	'	'
Net income (in dollars per share)	$0.01	$0.01	'	'
Income per common share - diluted:	'	'	'	'
Continuing operations (in dollars per share)	$0.01	$0	'	'
Discontinued operations (in dollars per share)	$0	$0.01	'	'
Net income (in dollars per share)	$0.01	$0.01	'	'
Income (loss) per common share - basic and diluted:	'	'	'	'
Continuing operations (in dollars per share)	'	'	($0.03)	($0.17)
Discontinued operations (in dollars per share)	'	'	$0.17	$0.01
Net income (loss) (in dollars per share)	'	'	$0.14	($0.16)
Weighted average number of common shares outstanding:	'	'	'	'
Basic (in shares)	85,014	84,870	84,965	84,853
Diluted (in shres)	85,223	84,880	84,965	84,853
Basic and diluted (in shares)	'	'	84,965	84,853

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Operations [Parenthetical] (USD $)	3 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Discontinued Operation, Tax Effect of Discontinued Operation	$178	$105	$295
Discontinued Operation, Tax (Expense) Benefit from Provision for (Gain) Loss on Disposal	'	$0	$0

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net income (loss)	$1,127	$745	$11,634	($13,394)
Other comprehensive income (loss):	'	'	'	'
Minimum pension liability adjustment, net of tax provision (benefit)	25	0	50	0
Foreign currency translation adjustment, net of tax provision (benefit)	4,201	793	14,751	6,270
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent, Total	4,226	793	14,801	6,270
Total comprehensive income (loss)	$5,353	$1,538	$26,435	($7,124)

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) [Parenthetical] (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Tax	$21	'	$42	'
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$162	$37	$572	$229

Condensed_Consolidated_Stateme4

Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:	'	'
Net income (loss)	$11,634	($13,394)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	29,762	39,803
Gain on disposal of operations	-14,102	0
Impairment of asset held for sale	0	1,340
Write-off of deferred financing costs	0	824
Deferred income taxes	-6,208	-7,766
Share-based compensation	2,012	1,367
Amortization of deferred financing costs	858	1,101
Other, net	208	774
Change in operating assets and liabilities, net of effects from sale of business:	'	'
Decrease (increase) in accounts receivable	23,864	20,404
Decrease (increase) in inventories	-11,728	-1,342
Decrease (increase) in prepaid expenses and other assets	-2,964	3,676
Increase (decrease) in accounts payable, accrued expenses and other liabilities	-23,292	-2,678
Net cash provided by (used in) operating activities	10,044	44,109
Cash flows from investing activities:	'	'
Net proceeds from the sale of business	18,389	0
Capital expenditures	-9,665	-9,262
Other, net	126	335
Net cash provided by (used in) investing activities	8,850	-8,927
Cash flows from financing activities:	'	'
Debt repayments	0	-35,000
Other, net	-1,757	-641
Net cash provided by (used in) financing activities	-1,757	-35,641
Effect of exchange rate changes on cash and cash equivalents	4,388	811
Net increase (decrease) in cash and cash equivalents	21,525	352
Cash and cash equivalents at beginning of period	39,424	41,324
Cash and cash equivalents at end of period	$60,949	$41,676

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Business Description and Basis of Presentation [Text Block]	'
	1.     Basis of Presentation
	The accompanying unaudited condensed consolidated financial information of Aeroflex Holding Corp. and subsidiaries (“we”, “our”, “us”, or the “Company”) has been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and the rules and regulations of the United States Securities and Exchange Commission (“SEC”), and reflects all adjustments, consisting of normal recurring adjustments, which in management’s opinion are necessary for a fair presentation. The June 30, 2013 balance sheet information has been derived from audited financial statements, but does not include all information or disclosures required by U.S. GAAP.
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of sales and expenses during the reporting period. Actual results may differ from those estimates, and such differences may be material to the financial statements.
	These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in our annual report on Form 10-K for the fiscal year ended June 30, 2013 (“the fiscal 2013 Form 10-K”).
	Unless the context requires otherwise, “fiscal” refers to the twelve months ended June 30 of the applicable year.  For example, “fiscal 2013” refers to the twelve months ended June 30, 2013.
	Results of operations for interim periods are not necessarily indicative of results to be expected for the full fiscal year or any future periods.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	6 Months Ended
	Dec. 31, 2013
New Accounting Pronouncements and Changes In Accounting Principles [Abstract]	'
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	'
		2	Recent Accounting Pronouncements
	In February 2013, the FASB issued guidance which improves the reporting of reclassifications out of accumulated other comprehensive income. The new guidance requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety from accumulated other comprehensive income to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. This new guidance became effective for us in our first quarter of fiscal 2014. The adoption of this presentation and disclosure only guidance is reflected in our consolidated financial statements.
	In March 2013, the FASB issued authoritative guidance to resolve the diversity in practice concerning the release of the cumulative translation adjustment (“CTA”) into net income (i) when a parent sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets within a foreign entity, and (ii) in connection with a step acquisition of a foreign entity. This amended guidance requires that CTA be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided, and that a pro rata portion of the CTA be released into net income upon a partial sale of an equity method investment in a foreign entity only. In addition, the amended guidance clarifies the definition of a sale of an investment in a foreign entity to include both events that result in the loss of a controlling financial interest in a foreign entity and events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately prior to the date of acquisition. The CTA should be released into net income upon the occurrence of such events. This new guidance becomes effective prospectively for us in our first quarter of fiscal 2015. The adoption of this new guidance is not expected to have a significant impact on our consolidated financial statements.
	In July 2013, the FASB issued guidance that clarifies when an entity should present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. If either (i) a net operating loss carryforward, a similar tax loss, or tax credit carryforward is not available as of the reporting date under the governing tax law to settle taxes that would result from the disallowance of the tax position or (ii) the entity does not intend to use the deferred tax asset for this purpose (provided that the tax law permits a choice), an entity should present an unrecognized tax benefit in the financial statements as a liability and should not net the unrecognized tax benefit with a deferred tax asset. This new guidance becomes effective prospectively for us in our first quarter of fiscal 2015, with retrospective application and early adoption permitted. The adoption of this new guidance is not expected to have a significant impact on our consolidated financial statements.

Discontinued_Operations

Discontinued Operations	6 Months Ended
	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
		3	Discontinued Operations
	On September 5, 2013, we sold the net assets of Aeroflex Test Equipment Services (“ATES”), a division of our U.K. subsidiary, Aeroflex Limited, for $18.4 million in cash. The consideration is subject to a working capital adjustment, based on the amount by which the final working capital at the date of closing differed from the target set forth in the purchase agreement. ATES provided calibration and repair services of non-Aeroflex test and measurement equipment in the United Kingdom and was previously included in our Aeroflex Test Solutions (“ATS”) segment. As a result of this sale, we recorded a gain on disposal of $14.1 million. The gain is not subject to U.K. taxes.
	We have reported the results of operations of ATES as income from discontinued operations. The prior period statement of operations has been restated to conform to the current presentation. Net sales from the ATES operations were $2.4 million from July 1, 2013 to the date of sale and $4.4 million and $7.9 million for the three and six months ended December 31, 2012, respectively.

Inventories

Inventories	6 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Inventories [Text Block]	'
		4	Inventories
	Inventories consisted of the following:
			December 31,		June 30,
			2013		2013
			(In thousands)
	Raw materials		$	83,835	$	76,762
	Work in process			52,317		52,221
	Finished goods			33,994		27,533
			$	170,146	$	156,516

Intangible_Assets_and_Other_Lo

Intangible Assets and Other Long Lived Assets	6 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Intangible Assets Disclosure [Text Block]	'
	5.     Intangible Assets and Other Long Lived Assets
	Intangible Assets with Definite Lives
	The components of amortizable intangible assets were as follows:
		December 31, 2013						June 30, 2013
		Gross						Gross
		Carrying		Accumulated		Total Net		Carrying		Accumulated		Total Net
		Amount		Amortization		Book Value		Amount		Amortization		Book Value
		(In thousands)
	Developed technology	$	204,368	$	199,409	$	4,959	$	201,447	$	192,574	$	8,873
	Customer related intangibles		227,970		185,338		42,632		226,406		171,514		54,892
	Non-compete arrangements		10,420		10,023		397		10,344		9,401		943
	Trade names		3,382		2,694		688		3,332		2,488		844
	Total	$	446,140	$	397,464	$	48,676	$	441,529	$	375,977	$	65,552
	Goodwill
	We assess goodwill and other intangible assets with indefinite lives at least annually for impairment, in the fourth quarter of our fiscal year, or more frequently if certain events or circumstances indicate an impairment may have occurred. We test goodwill for impairment at the reporting unit level, which is one level below our operating segments.
	The carrying amount of goodwill, by segment, was as follows:
		Microelectronic		Test
		Solutions		Solutions		Total
		(In thousands)
	Balance at June 30, 2013
	Goodwill	$	339,859	$	159,284	$	499,143
	Accumulated impairments		-90,100		-93,400		-183,500
			249,759		65,884		315,643
	Changes for the six months ended December 31, 2013
	Translation and other adjustments		759		588		1,347
	Balance at December 31, 2013
	Goodwill		340,618		159,872		500,490
	Accumulated impairments		-90,100		-93,400		-183,500
		$	250,518	$	66,472	$	316,990
	Based on a reduced forecast in one of our ATS reporting units, Avionics-Communications (“AVComm”), resulting from continued uncertainty in government spending, we have tested this reporting unit for impairment. As of December 31, 2013, the AVComm group had goodwill of $24.1 million and an enterprise carrying value of $91.2 million. We evaluated if there was impairment by comparing the fair value of the reporting unit with its enterprise carrying value. Based on our current analysis of the discounted estimated cash flows of this group, we have estimated that the fair value of this group was approximately $98.6 million at December 31, 2013 and that the goodwill has not been impaired. However, should actual results differ from our forecasts of cash flows and our estimated enterprise fair value decreases below the carrying value, then an impairment would likely occur and we would need to calculate the amount of the write-down of goodwill by comparing the implied fair value of the reporting unit’s goodwill (the excess of the fair value of the reporting unit over the fair value of its net identifiable assets) with the carrying amount of that goodwill.
	Other Long Lived Assets
	In December 2012, we entered into a contract for the sale of our RF and microwave components (“RFMW”) Whippany, New Jersey building. The net proceeds received in January 2013 were less than the carrying value of the building. Therefore, in December 2012, we recorded a $1.3 million impairment to the asset held for sale. Our RFMW reporting unit is included within our Aeroflex Microelectronic Solutions (“AMS”) segment.

Restructuring_Charges

Restructuring Charges	6 Months Ended
	Dec. 31, 2013
Restructuring Charges [Abstract]	'
Restructuring Charges [Text Block]	'
	6.     Restructuring Charges
	The following table sets forth the charges and payments related to the restructuring liability, which is reflected in accrued expenses and other current liabilities in the accompanying condensed consolidated balance sheets and primarily relates to our ATS segment for both our Wireless and AVComm groups, for the period indicated:
		Balance								Balance
		June 30,								December 31,
		2013		Six Months Ended December 31, 2013						2013
								Effect of
		Restructuring				Cash		Foreign		Restructuring
		Liability		Net Additions		Payments		Currency		Liability
		(In thousands)
	Severance costs	$	904	$	1,171	$	-1,540	$	22	$	557
	Facilities closure costs		88		1,052		-1,006		-		134
	Total	$	992	$	2,223	$	-2,546	$	22	$	691

Derivative_Financial_Instrumen

Derivative Financial Instruments

6 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

Derivative Instruments and Hedging Activities Disclosure [Text Block]

'

7.             Derivative Financial Instruments

We address certain financial exposures through a controlled program of risk management that includes the use of derivative financial instruments. When deemed appropriate to do so, we enter into interest rate swap derivatives to manage the effects of interest rate movements on portions of our debt. We routinely enter into foreign currency forward contracts, not designated as hedging instruments, to protect us from fluctuations in exchange rates.

Foreign Currency Forward Contract Derivatives

Foreign currency forward contracts are used to protect us from fluctuations in exchange rates. Our foreign currency forward contracts are not designated as hedges and therefore the change in fair value is included in other income (expense) as it occurs.  As of December 31, 2013, we had $47.8 million of notional value foreign currency forward contracts maturing through January 31, 2014. Notional amounts do not quantify risk or represent assets or liabilities of the Company, but are used in the calculation of cash settlements under the contracts.

The fair values of our derivative financial instruments included in the condensed consolidated balance sheets as of December 31, 2013 and June 30, 2013 were as follows:

Asset (Liability) Derivatives

31-Dec-13

30-Jun-13

Balance Sheet

Balance Sheet

(In thousands)

Location

Fair Value (1)

Location

Fair Value (1)

Derivatives not designated as hedging

instruments:

Foreign currency forward contracts

Prepaid expenses and other current assets

$

224

Accrued expenses and other current liabilities

$

-359

-1

The fair values of derivative assets and liabilities are determined based on observable market data and are considered level 2 in the fair value hierarchy.

The amounts of the gains and losses related to our derivative financial instruments not designated as hedging instruments for the three and six months ended December 31, 2013 and 2012 were as follows:

Derivatives Not

Location of Gain or (Loss)

Amount of Gain or (Loss)

Designated as

Recognized in Earnings on

Recognized in Earnings on

Hedging Instruments

Derivative

Derivative

Three Months Ended

Six Months Ended

December 31,

December 31,

2013

2012

2013

2012

(In thousands)

Foreign currency

Other income (expense)

$

-172

$

-3

$

583

$

-28

forward contracts

Long_Term_Debt_and_Credit_Agre

Long Term Debt and Credit Agreements	6 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Long-Term Debt [Text Block]	'
		8	Long Term Debt and Credit Agreements
	As of December 31, 2013, we were in compliance with all of the financial covenants contained in our senior secured credit facility.
	Interest paid was $13.8 million and $18.9 million for the six months ended December 31, 2013 and 2012, respectively. Accrued interest of $2.3 million and $2.5 million was included in accrued expenses and other current liabilities at December 31, 2013 and June 30, 2013, respectively.
	The fair value of our debt instruments was as follows:
			As of December 31, 2013
			(In thousands)
			Carrying		Estimated Fair
			Amount		Value
	Senior secured term loan facility		$	587,000	$	591,755
	As of June 30, 2013, our total debt had a carrying value of $587.0 million and an estimated fair value of $585.5 million.
	The estimated fair value of our senior secured term loan facility was based on quoted prices and is considered a Level 1 measurement.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net Of Tax [Abstract]	'
Comprehensive Income (Loss) Note [Text Block]	'
	9.     Accumulated Other Comprehensive Income (Loss)
	The changes in accumulated other comprehensive income (loss), net of tax, for the six months ended December 31, 2013 were as follows:
		Net Minimum		Net		Total
		Pension		Cumulative
		Liability		Translation
				Adjustment
		(In thousands)
	Accumulated other comprehensive income (loss) at June 30, 2013	$	-1,403	$	-42,003	$	-43,406
	Other comprehensive income (loss)
	Other comprehensive income (loss) before reclassifications		32		14,751		14,783
	Amounts reclassified from accumulated other comprehensive income		18		-		18
	Total other comprehensive income (loss)		50		14,751		14,801
	Accumulated other comprehensive income (loss) at December 31, 2013	$	-1,353	$	-27,252	$	-28,605

ShareBased_Payment_Arrangement

Share-Based Payment Arrangements	6 Months Ended
	Dec. 31, 2013
Share-Based Compensation [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	10.     Share-Based Payment Arrangements
	Restricted Stock Units
	During the six months ended December 31, 2013, the compensation committee awarded restricted stock units, or RSUs, covering a total of 88,556 shares. The average grant date fair value per share of these RSUs was $7.01 and they vest in equal tranches over service periods between  one and four years.

Income_Loss_Per_Common_Share

Income (Loss) Per Common Share	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	11.     Income (Loss) Per Common Share
	Our consolidated statements of operations present basic and diluted income (loss) per common share. Basic income (loss) per common share is computed by dividing income (loss) by the weighted average number of common shares outstanding for the period. Diluted income (loss) per common share reflects the dilutive effects of RSUs and performance restricted stock units, or PRSUs, if any. The treasury stock method is used to determine the dilutive effect of these potentially dilutive securities.
	The following table reconciles basic shares outstanding to diluted shares outstanding:
		Three Months Ended		Six Months Ended
		December 31,		December 31,
		2013	2012	2013	2012
		(In thousands)
	Basic shares outstanding	85,014	84,870	84,965	84,853
	Effect of dilution	209	10	-	-
	Diluted shares outstanding	85,223	84,880	84,965	84,853
	For the three and six months ended December 31, 2013, 40,000 and 957,000 shares of common stock equivalents, respectively, (which includes PRSUs that have been earned, but are subject to the continued employment of the respective participants with the Company) were excluded from the diluted weighted average shares outstanding calculation because they were anti-dilutive. Also, if all maximum performance metrics are achieved, an additional 727,000 PRSUs could potentially vest. These PRSUs have also been excluded from diluted income (loss) per common share as the performance criteria on these awards were not satisfied during these periods.
	For the three and six months ended December 31, 2012, 1.1 million and 1.2 million shares of common stock equivalents, respectively, were excluded from the diluted weighted average shares outstanding calculation because they were anti-dilutive. Also, if all maximum performance metrics are achieved, an additional 1.1 million PRSUs could potentially vest. These PRSUs have also been excluded from diluted income (loss) per common share as the performance criteria on these awards were not satisfied during these periods.

Legal_Matters

Legal Matters	6 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Legal Matters and Contingencies [Text Block]	'
	12.     Legal Matters
	To resolve all those outstanding violations of the Arms Export Control Act, or AECA, and the International Traffic in Arms Regulations, or ITAR, during the period from 1999 to 2009 that were disclosed by us voluntarily to the U.S. State Department concerning space related hardware items that were exported to China and, without the requisite State Department licenses, to end users in numerous other foreign countries, without admitting or denying the allegation of the violations, we have entered into a Consent Agreement effectively as of August 6, 2013, with the U.S. Department of State, Office of Defense Trade Controls Compliance. The Consent Agreement involves, among other things, a fine of $8.0 million payable over a two year period, $4.0 million of which is suspended and eligible for credit based on pre and post Consent Agreement compliance expenditures and investments made by the Company and approved by the State Department. During fiscal 2013, we recorded a charge of $8.0 million representing the legal obligation to the State Department under the then proposed terms of the Consent Agreement. In accordance with the terms of the Consent Agreement, in August 2013 we paid $2.0 million of the fine. Going forward, the Consent Agreement will not impact our ability to transact business internationally.
	In March 2005, we sold the net assets of our shock and vibration control device manufacturing business, which we refer to as VMC. Under the terms of the sale agreements, we retained certain liabilities relating to adverse environmental conditions that existed at the premises occupied by VMC as of the date of sale. We recorded a liability for the estimated remediation costs related to adverse environmental conditions that existed at the VMC premises when it was sold. The accrued environmental liability at December 31, 2013 was $1.2 million, of which $300,000 was expected to be paid within one year.
	We are also involved in various other claims and legal actions that arise in the ordinary course of business. We do not believe that the ultimate resolution of any of these actions will have a material adverse effect on our business, results of operations, financial position, liquidity or capital resources.

Income_Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	13.     Income Taxes
	The income tax provision was $860,000 and the income tax benefit was $2.5 million for the three and six months ended December 31, 2013 on pre-tax income from continuing operations of $2.0 million and a pre-tax loss from continuing operations of $5.4 million, respectively. We recorded an income tax benefit for the three and six months ended December 31, 2012 of $5.3 million and $7.8 million on a pre-tax loss from continuing operations of $5.1 million and $22.1 million, respectively. The effective income tax rate for both periods differed from the amount computed by applying the U.S. federal income tax rate to income from continuing operations before taxes primarily due to lower foreign tax rates, and state and local income taxes, including U.S. income tax on certain foreign income that we anticipate will be repatriated to the U.S.
	The income tax benefit for the six months ended December 31, 2013 reflects a discrete benefit of $1.0 million relating to a reduction in the statutory income tax rate in the U.K. The income tax benefit for the six months ended December 31, 2012 reflects a discrete benefit of $252,000 relating to statutory income tax rate reductions in the U.K. and Sweden largely offset by an adjustment of estimated deferred taxes.
	Absent the discrete items, the effective tax rates were 43% and 101% for the three months ended December 31, 2013 and 2012 and 29% and 34% for the six months ended December 31, 2013 and 2012, respectively. The current year’s provision was a combination of a U.S. tax benefit on a domestic book loss and a foreign tax expense on foreign book income. The prior year’s provision was a combination of a U.S. tax benefit on a domestic book loss and a foreign tax benefit on a foreign book loss.
	In the six months ended December 31, 2013 and 2012, we paid income taxes of $12.2 million and $1.6 million and received refunds of $532,000 and $5.5 million, respectively.

Business_Segments

Business Segments	6 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	14.     Business Segments
	We are a global provider of radio frequency, or RF, and microwave integrated circuits, components and systems used in the design, development and maintenance of technically demanding, high-performance wireless communication systems. Our solutions include highly specialized microelectronic components and test and measurement equipment used by companies in the space, avionics, defense, commercial wireless communications, medical and other markets. Our sales to agencies of the United States government or to prime defense contractors or subcontractors of the United States government were approximately 30% and 26% for the three months ended December 31, 2013 and 2012 and 31% and 29% for the six months ended December 31, 2013 and 2012, respectively. No customer constituted more than 10% of sales during any of the periods presented. Inter-segment sales were not material and have been eliminated from the tables below.
	The majority of our operations are located in the United States. We also have operations in Europe and Asia, with our most significant non-U.S. operations in the U.K. Net sales from facilities located in the U.K. were $40.8 million and $33.7 million for the three months ended December 31, 2013 and 2012 and $71.4 million and $65.5 million for the six months ended December 31, 2013 and 2012, respectively. Total assets of the U.K. operations were $211.8 million as of December 31, 2013 and $177.3 million as of June 30, 2013.
	Net sales, based on the customers’ locations, attributed to the United States and other regions were as follows:
		Three Months Ended				Six Months Ended
		December 31,				December 31,
		2013		2012		2013		2012
		(In thousands)
	United States of America	$	83,229	$	83,023	$	167,956	$	162,413
	Europe and Middle East		29,786		25,850		49,472		58,140
	Asia and Australia		29,412		35,699		52,893		58,249
	Other regions		8,678		7,300		13,516		10,705
		$	151,105	$	151,872	$	283,837	$	289,507
	We organize our operations into two segments: Aeroflex Microelectronic Solutions, or AMS, and Aeroflex Test Solutions, or ATS. We engineer, manufacture and market a diverse range of products in each of our segments. The segment data which follows, reflects a reclassification of our frequency synthesizer product line from our ATS segment to our AMS segment for all periods presented to better align it with its end markets.  Our synthesizer reporting unit had sales of $5.4 million and $4.8 million for the three months ended December 31, 2013 and 2012 and $9.2 million and $8.4 million for the six months ended December 31, 2013, respectively.
	AMS offers a broad range of microelectronics products and is a leading provider of high-performance, high reliability specialty microelectronics components. Its products include high reliability, or HiRel, microelectronics/semiconductors, RF and microwave components, mixed-signal/digital Application Specific Integrated Circuits (“ASICs”) and motion control products. ATS is a leading provider of a broad line of specialized test and measurement equipment. Its products include wireless test equipment, military radio and private mobile radio test equipment, avionics test equipment, synthetic test equipment and other general purpose test equipment.
	Selected financial data by segment was as follows:
		Three Months Ended				Six Months Ended
		December 31,				December 31,
		2013		2012		2013		2012
		(In thousands)
	Net sales
	- Microelectronic solutions ("AMS")	$	83,757	$	83,301	$	157,763	$	161,373
	- Test solutions ("ATS")		67,348		68,571		126,074		128,134
	Net sales	$	151,105	$	151,872	$	283,837	$	289,507
	Segment adjusted operating income
	- AMS	$	15,126	$	19,401	$	27,584	$	35,606
	- ATS		8,017		5,469		10,826		6,389
	- Corporate expense		-3,391		-3,483		-6,609		-7,509
	Adjusted operating income		19,752		21,387		31,801		34,486
	Amortization of acquired intangibles
	- AMS		-4,480		-8,970		-11,204		-17,936
	- ATS		-2,732		-5,093		-6,526		-10,707
	Restructuring charges
	- AMS		-63		185		-68		-19
	- ATS		-1,465		-251		-2,144		-3,314
	- Corporate		-11		-		-11		-
	Inventory write-off related to discontinued product line - ATS		-		-		7		-
	Impairment of asset held for sale - AMS		-		-1,340		-		-1,340
	Share-based compensation
	- AMS		-878		-291		-1,116		-402
	- ATS		-121		-126		-352		-193
	- Corporate		-131		-314		-544		-772
	Business acquisition and divestiture related costs - Corporate		-341		-100		-341		-697
	Current period impact of acquisition related adjustments
	- AMS		25		20		50		11
	- ATS		23		22		44		44
	- Corporate		-55		-55		-110		-110
	Operating income (loss) (GAAP)		9,523		5,074		9,486		-949
	Interest expense		-7,240		-9,768		-14,492		-19,846
	Write-off of deferred financing costs		-		-227		-		-824
	Other income (expense), net		-296		-212		-347		-501
	Income (loss) from continuing operations before income taxes	$	1,987	$	-5,133	$	-5,353	$	-22,120
	Management evaluates the operating results of our two segments based upon Adjusted EBITDA (as defined in our credit agreement) as well as adjusted operating income, which is pre-tax operating income before certain non-cash, non-recurring and other items. We have set out above our adjusted operating income by segment and in the aggregate, and have provided a reconciliation of adjusted operating income to operating income (loss) on a GAAP basis and income (loss) from continuing operations before income taxes for the periods presented.

Subsequent_Event

Subsequent Event	6 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	15	Subsequent Event
	Acquisition of Shenick Network Systems
	On February 5, 2014, we acquired 100% of the stock of Shenick Network Systems (“Shenick”), for cash of $28.5 million. The purchase price is subject to a working capital adjustment if the adjusted net working capital at the date of closing is less than the target set forth in the purchase agreement. Shenick, located in Dublin, Ireland, is a leading edge provider of software-based wireless test solutions. Shenick will be included in our Test Solutions segment. For the calendar year 2013, Shenick had net sales of $9.4 million. On a pro forma basis, had this acquisition taken place as of the beginning of the periods presented, our results of operations for those periods would not have been materially affected.

Inventories_Tables

Inventories (Tables)	6 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Schedule Of Inventory, Current [Table Text Block]	'
	Inventories consisted of the following:
		December 31,		June 30,
		2013		2013
		(In thousands)
	Raw materials	$	83,835	$	76,762
	Work in process		52,317		52,221
	Finished goods		33,994		27,533
		$	170,146	$	156,516

Intangible_Assets_and_Other_Lo1

Intangible Assets and Other Long Lived Assets (Tables)	6 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Finite-Lived Intangible Assets [Table Text Block]	'
	The components of amortizable intangible assets were as follows:
		December 31, 2013						June 30, 2013
		Gross						Gross
		Carrying		Accumulated		Total Net		Carrying		Accumulated		Total Net
		Amount		Amortization		Book Value		Amount		Amortization		Book Value
		(In thousands)
	Developed technology	$	204,368	$	199,409	$	4,959	$	201,447	$	192,574	$	8,873
	Customer related intangibles		227,970		185,338		42,632		226,406		171,514		54,892
	Non-compete arrangements		10,420		10,023		397		10,344		9,401		943
	Trade names		3,382		2,694		688		3,332		2,488		844
	Total	$	446,140	$	397,464	$	48,676	$	441,529	$	375,977	$	65,552
Schedule of Goodwill [Table Text Block]	'
	The carrying amount of goodwill, by segment, was as follows:
		Microelectronic		Test
		Solutions		Solutions		Total
		(In thousands)
	Balance at June 30, 2013
	Goodwill	$	339,859	$	159,284	$	499,143
	Accumulated impairments		-90,100		-93,400		-183,500
			249,759		65,884		315,643
	Changes for the six months ended December 31, 2013
	Translation and other adjustments		759		588		1,347
	Balance at December 31, 2013
	Goodwill		340,618		159,872		500,490
	Accumulated impairments		-90,100		-93,400		-183,500
		$	250,518	$	66,472	$	316,990

Restructuring_Charges_Tables

Restructuring Charges (Tables)	6 Months Ended
	Dec. 31, 2013
Restructuring Reserve [Abstract]	'
Schedule Of Restructuring Reserve By Type Of Cost [Table Text Block]	'
	The following table sets forth the charges and payments related to the restructuring liability, which is reflected in accrued expenses and other current liabilities in the accompanying condensed consolidated balance sheets and primarily relates to our ATS segment for both our Wireless and AVComm groups, for the period indicated:
		Balance								Balance
		June 30,								December 31,
		2013		Six Months Ended December 31, 2013						2013
								Effect of
		Restructuring				Cash		Foreign		Restructuring
		Liability		Net Additions		Payments		Currency		Liability
		(In thousands)
	Severance costs	$	904	$	1,171	$	-1,540	$	22	$	557
	Facilities closure costs		88		1,052		-1,006		-		134
	Total	$	992	$	2,223	$	-2,546	$	22	$	691

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)

6 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

'

Schedule Of Derivative Assets Liabilities At Fair Value [Table Text Block]

'

The fair values of our derivative financial instruments included in the condensed consolidated balance sheets as of December 31, 2013 and June 30, 2013 were as follows:

Asset (Liability) Derivatives

31-Dec-13

30-Jun-13

Balance Sheet

Balance Sheet

(In thousands)

Location

Fair Value (1)

Location

Fair Value (1)

Derivatives not designated as hedging

instruments:

Foreign currency forward contracts

Prepaid expenses and other current assets

$

224

Accrued expenses and other current liabilities

$

-359

-1

The fair values of derivative assets and liabilities are determined based on observable market data and are considered level 2 in the fair value hierarchy.

Schedule Of Derivative Instruments Not Designated As Hedging Instruments [Table Text Block]

'

The amounts of the gains and losses related to our derivative financial instruments not designated as hedging instruments for the three and six months ended December 31, 2013 and 2012 were as follows:

Derivatives Not

Location of Gain or (Loss)

Amount of Gain or (Loss)

Designated as

Recognized in Earnings on

Recognized in Earnings on

Hedging Instruments

Derivative

Derivative

Three Months Ended

Six Months Ended

December 31,

December 31,

2013

2012

2013

2012

(In thousands)

Foreign currency

Other income (expense)

$

-172

$

-3

$

583

$

-28

forward contracts

Long_Term_Debt_and_Credit_Agre1

Long Term Debt and Credit Agreements (Tables)	6 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Schedule Of Long-Term Debt Instruments [Table Text Block]	'
	The fair value of our debt instruments was as follows:
		As of December 31, 2013
		(In thousands)
		Carrying		Estimated Fair
		Amount		Value
	Senior secured term loan facility	$	587,000	$	591,755

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net Of Tax [Abstract]	'
Schedule Of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
	The changes in accumulated other comprehensive income (loss), net of tax, for the six months ended December 31, 2013 were as follows:
		Net Minimum		Net		Total
		Pension		Cumulative
		Liability		Translation
				Adjustment
		(In thousands)
	Accumulated other comprehensive income (loss) at June 30, 2013	$	-1,403	$	-42,003	$	-43,406
	Other comprehensive income (loss)
	Other comprehensive income (loss) before reclassifications		32		14,751		14,783
	Amounts reclassified from accumulated other comprehensive income		18		-		18
	Total other comprehensive income (loss)		50		14,751		14,801
	Accumulated other comprehensive income (loss) at December 31, 2013	$	-1,353	$	-27,252	$	-28,605

Income_Loss_Per_Common_Share_T

Income (Loss) Per Common Share (Tables)	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Schedule of Weighted Average Number of Shares [Table Text Block]	'
	The following table reconciles basic shares outstanding to diluted shares outstanding:
		Three Months Ended		Six Months Ended
		December 31,		December 31,
		2013	2012	2013	2012
		(In thousands)
	Basic shares outstanding	85,014	84,870	84,965	84,853
	Effect of dilution	209	10	-	-
	Diluted shares outstanding	85,223	84,880	84,965	84,853

Business_Segments_Tables

Business Segments (Tables)	6 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Schedule Of Revenue From External Customers Attributed To Foreign Countries By Geographic Area [Table Text Block]	'
	Net sales, based on the customers’ locations, attributed to the United States and other regions were as follows:
		Three Months Ended				Six Months Ended
		December 31,				December 31,
		2013		2012		2013		2012
		(In thousands)
	United States of America	$	83,229	$	83,023	$	167,956	$	162,413
	Europe and Middle East		29,786		25,850		49,472		58,140
	Asia and Australia		29,412		35,699		52,893		58,249
	Other regions		8,678		7,300		13,516		10,705
		$	151,105	$	151,872	$	283,837	$	289,507
Schedule Of Segment Reporting Information, By Segment [Table Text Block]	'
	Selected financial data by segment was as follows:
		Three Months Ended				Six Months Ended
		December 31,				December 31,
		2013		2012		2013		2012
		(In thousands)
	Net sales
	- Microelectronic solutions ("AMS")	$	83,757	$	83,301	$	157,763	$	161,373
	- Test solutions ("ATS")		67,348		68,571		126,074		128,134
	Net sales	$	151,105	$	151,872	$	283,837	$	289,507
	Segment adjusted operating income
	- AMS	$	15,126	$	19,401	$	27,584	$	35,606
	- ATS		8,017		5,469		10,826		6,389
	- Corporate expense		-3,391		-3,483		-6,609		-7,509
	Adjusted operating income		19,752		21,387		31,801		34,486
	Amortization of acquired intangibles
	- AMS		-4,480		-8,970		-11,204		-17,936
	- ATS		-2,732		-5,093		-6,526		-10,707
	Restructuring charges
	- AMS		-63		185		-68		-19
	- ATS		-1,465		-251		-2,144		-3,314
	- Corporate		-11		-		-11		-
	Inventory write-off related to discontinued product line - ATS		-		-		7		-
	Impairment of asset held for sale - AMS		-		-1,340		-		-1,340
	Share-based compensation
	- AMS		-878		-291		-1,116		-402
	- ATS		-121		-126		-352		-193
	- Corporate		-131		-314		-544		-772
	Business acquisition and divestiture related costs - Corporate		-341		-100		-341		-697
	Current period impact of acquisition related adjustments
	- AMS		25		20		50		11
	- ATS		23		22		44		44
	- Corporate		-55		-55		-110		-110
	Operating income (loss) (GAAP)		9,523		5,074		9,486		-949
	Interest expense		-7,240		-9,768		-14,492		-19,846
	Write-off of deferred financing costs		-		-227		-		-824
	Other income (expense), net		-296		-212		-347		-501
	Income (loss) from continuing operations before income taxes	$	1,987	$	-5,133	$	-5,353	$	-22,120

Discontinued_Operations_Detail

Discontinued Operations (Details Textual) (USD $)	6 Months Ended		2 Months Ended	3 Months Ended	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Sep. 05, 2013	Dec. 31, 2012	Dec. 31, 2012
			Aeroflex Test Equipment Services [Member]	Aeroflex Test Equipment Services [Member]	Aeroflex Test Equipment Services [Member]
Net Cash Provided by (Used in) Discontinued Operations, Total	'	'	$18,400,000	'	'
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax, Total	14,102,000	0	14,100,000	'	'
Disposal Group, Including Discontinued Operation, Revenue	'	'	$2,400,000	$4,400,000	$7,900,000
Discontinued Operations Date Of Sale	'	'	5-Sep-13	'	'

Inventories_Details

Inventories (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Raw materials	$83,835	$76,762
Work in process	52,317	52,221
Finished goods	33,994	27,533
Inventory, Net	$170,146	$156,516

Intangible_Assets_and_Other_Lo2

Intangible Assets and Other Long Lived Assets (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Gross Carrying Amount	$446,140	$441,529
Accumulated Amortization	397,464	375,977
Total Net Book Value	48,676	65,552
Developed technology [Member]	'	'
Gross Carrying Amount	204,368	201,447
Accumulated Amortization	199,409	192,574
Total Net Book Value	4,959	8,873
Customer related intangibles [Member]	'	'
Gross Carrying Amount	227,970	226,406
Accumulated Amortization	185,338	171,514
Total Net Book Value	42,632	54,892
Non-compete arrangements [Member]	'	'
Gross Carrying Amount	10,420	10,344
Accumulated Amortization	10,023	9,401
Total Net Book Value	397	943
Trade names [Member]	'	'
Gross Carrying Amount	3,382	3,332
Accumulated Amortization	2,694	2,488
Total Net Book Value	$688	$844

Intangible_Assets_and_Other_Lo3

Intangible Assets and Other Long Lived Assets (Details 1) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Jun. 30, 2013
Goodwill	$500,490	$499,143
Accumulated impairments	-183,500	-183,500
Goodwill, Total	316,990	315,643
Translation and other adjustments	1,347	'
Microelectronic Solutions [Member]	'	'
Goodwill	340,618	339,859
Accumulated impairments	-90,100	-90,100
Goodwill, Total	250,518	249,759
Translation and other adjustments	759	'
Test Solutions [Member]	'	'
Goodwill	159,872	159,284
Accumulated impairments	-93,400	-93,400
Goodwill, Total	66,472	65,884
Translation and other adjustments	$588	'

Intangible_Assets_and_Other_Lo4

Intangible Assets and Other Long Lived Assets (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013
Goodwill	$316,990,000	'	$316,990,000	'	$315,643,000
Impairment of Long-Lived Assets to be Disposed of	0	1,340,000	0	1,340,000	'
AVComm [Member]	'	'	'	'	'
Goodwill	24,100,000	'	24,100,000	'	'
Enterprise Carrying Value	91,200,000	'	91,200,000	'	'
Enterprise Fair Value	$98,600,000	'	$98,600,000	'	'

Restructuring_Charges_Details

Restructuring Charges (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Restructuring Liability, Balance at June 30, 2013	'	'	$992	'
Net Additions	1,539	66	2,223	3,333
Cash Payments	'	'	-2,546	'
Effect of Foreign Currency	'	'	22	'
Restructuring Liability, Balance at December 31, 2013	691	'	691	'
Severance costs [Member]	'	'	'	'
Restructuring Liability, Balance at June 30, 2013	'	'	904	'
Net Additions	'	'	1,171	'
Cash Payments	'	'	-1,540	'
Effect of Foreign Currency	'	'	22	'
Restructuring Liability, Balance at December 31, 2013	557	'	557	'
Facilities closure costs [Member]	'	'	'	'
Restructuring Liability, Balance at June 30, 2013	'	'	88	'
Net Additions	'	'	1,052	'
Cash Payments	'	'	-1,006	'
Effect of Foreign Currency	'	'	0	'
Restructuring Liability, Balance at December 31, 2013	$134	'	$134	'

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Details) (Not Designated As Hedging Instrument [Member], Foreign Exchange Forward [Member], USD $)	Dec. 31, 2013		Jun. 30, 2013
In Thousands, unless otherwise specified	Prepaid expenses and other current assets [Member]		Accrued expenses and other current liabilities [Member]
Derivatives not designated as hedging instruments:	'		'
Foreign currency forward contracts, Fair value	$224	[1]	($359)	[1]
[1]	The fair values of derivative assets and liabilities are determined based on observable market data and are considered level 2 in the fair value hierarchy.

Derivative_Financial_Instrumen3

Derivative Financial Instruments (Details 1) (Derivatives Not Designated as Hedging Instruments [Member], Foreign currency forward contracts [Member], Other income (expense) [Member], USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Derivatives Not Designated as Hedging Instruments [Member] | Foreign currency forward contracts [Member] | Other income (expense) [Member]	'	'	'	'
Derivative, Gain (Loss) on Derivative, Net, Total	($172)	($3)	$583	($28)

Derivative_Financial_Instrumen4

Derivative Financial Instruments (Details Textual) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
Maturity Of Foreign Currency Derivatives	31-Jan-14
Derivative, Notional Amount	$47.80

Long_Term_Debt_and_Credit_Agre2

Long Term Debt and Credit Agreements (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Carrying Amount	$587,000	$587,000
EstimatedFair Value	'	585,500
Senior secured term loan facility [Member]	'	'
Carrying Amount	587,000	'
EstimatedFair Value	$591,755	'

Long_Term_Debt_and_Credit_Agre3

Long Term Debt and Credit Agreements (Details Textual) (USD $)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013
Interest Paid	$13,800,000	$18,900,000	'
Interest Payable	2,300,000	'	2,500,000
Long-Term Debt, Excluding Current Maturities	587,000,000	'	587,000,000
Long-Term Debt, Fair Value	'	'	$585,500,000

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Accumulated other comprehensive income (loss) at June 30, 2013	($43,406)
Other comprehensive income (loss)	'
Other comprehensive income (loss) before reclassifications	14,783
Amounts reclassified from accumulated other comprehensive income	18
Total other comprehensive income (loss)	14,801
Accumulated other comprehensive income (loss) at December 31, 2013	-28,605
Net Minimum Pension Liability [Member]	'
Accumulated other comprehensive income (loss) at June 30, 2013	-1,403
Other comprehensive income (loss)	'
Other comprehensive income (loss) before reclassifications	32
Amounts reclassified from accumulated other comprehensive income	18
Total other comprehensive income (loss)	50
Accumulated other comprehensive income (loss) at December 31, 2013	-1,353
Net Cumulative Translation Adjustment [Member]	'
Accumulated other comprehensive income (loss) at June 30, 2013	-42,003
Other comprehensive income (loss)	'
Other comprehensive income (loss) before reclassifications	14,751
Amounts reclassified from accumulated other comprehensive income	0
Total other comprehensive income (loss)	14,751
Accumulated other comprehensive income (loss) at December 31, 2013	($27,252)

ShareBased_Payment_Arrangement1

Share-Based Payment Arrangements (Details Textual) (Restricted Stock Units (Rsus) [Member], USD $)	6 Months Ended
	Dec. 31, 2013
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Grants In Period	88,556
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$7.01
Minimum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'1 year
Maximum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'4 years

Income_Loss_Per_Common_Share_D

Income (Loss) Per Common Share (Details)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Basic shares outstanding	85,014	84,870	84,965	84,853
Effect of dilution	209	10	0	0
Diluted shares outstanding	85,223	84,880	84,965	84,853

Income_Loss_Per_Common_Share_D1

Income (Loss) Per Common Share (Details Textual)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	40,000	1,100,000	957,000	1,200,000
Restricted Stock Units (Rsus) [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	'	'	727,000	1,100,000

Legal_Matters_Details_Textual

Legal Matters (Details Textual) (USD $)	1 Months Ended		12 Months Ended
	Aug. 31, 2013	Dec. 31, 2013	Jun. 30, 2013
			Aeroflex Microelectronic Solutions [Member]
Accrual for Environmental Loss Contingencies, Component Amount	'	$1,200,000	'
Accrued Environmental Loss Contingencies, Current	'	300,000	'
Regulatory Penalty Paid	2,000,000	'	'
Regulatory Penalty Payable	'	'	8,000,000
Regulatory Penalty , Suspended Amount	'	'	4,000,000
Regulatory Penalty Expense	'	'	$8,000,000

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Income (Loss) From Continuing Operations Before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest	$1,987,000	($5,133,000)	($5,353,000)	($22,120,000)
Income Tax Expense (Benefit)	860,000	-5,306,000	-2,525,000	-7,777,000
Income Tax Benefit, Discrete Benefit	'	'	1,000,000	252,000
Effective Income Tax Rate Reconciliation, At Federal Statutory Income Tax Rate	43.00%	101.00%	29.00%	34.00%
Income Taxes Paid	'	'	12,200,000	1,600,000
Proceeds From Income Tax Refunds	'	'	$532,000	$5,500,000

Business_Segments_Details

Business Segments (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net sales	$151,105	$151,872	$283,837	$289,507
United States Of America [Member]	'	'	'	'
Net sales	83,229	83,023	167,956	162,413
Europe and Middle East [Member]	'	'	'	'
Net sales	29,786	25,850	49,472	58,140
Asia and Australia [Member]	'	'	'	'
Net sales	29,412	35,699	52,893	58,249
Other Regions [Member]	'	'	'	'
Net sales	$8,678	$7,300	$13,516	$10,705

Business_Segments_Details_1

Business Segments (Details 1) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net sales	'	'	'	'
Net sales	$151,105	$151,872	$283,837	$289,507
Segment adjusted operating income	'	'	'	'
Adjusted operating income	19,752	21,387	31,801	34,486
Amortization of acquired intangibles	-7,212	-14,063	-17,730	-28,643
Restructuring charges	-1,539	-66	-2,223	-3,333
Impairment of asset held for sale - AMS	0	-1,340	0	-1,340
Operating income (loss) (GAAP)	9,523	5,074	9,486	-949
Interest expense	-7,240	-9,768	-14,492	-19,846
Write-off of deferred financing costs	0	-227	0	-824
Other income (expense), net	-296	-212	-347	-501
Income (loss) from continuing operations before income taxes	1,987	-5,133	-5,353	-22,120
Aeroflex Microelectronic Solutions [Member]	'	'	'	'
Net sales	'	'	'	'
Net sales	83,757	83,301	157,763	161,373
Segment adjusted operating income	'	'	'	'
Adjusted operating income	15,126	19,401	27,584	35,606
Amortization of acquired intangibles	-4,480	-8,970	-11,204	-17,936
Restructuring charges	-63	185	-68	-19
Impairment of asset held for sale - AMS	0	-1,340	0	-1,340
Share-based compensation	-878	-291	-1,116	-402
Current period impact of acquisition related adjustments	25	20	50	11
Aeroflex Test Solutions [Member]	'	'	'	'
Net sales	'	'	'	'
Net sales	67,348	68,571	126,074	128,134
Segment adjusted operating income	'	'	'	'
Adjusted operating income	8,017	5,469	10,826	6,389
Amortization of acquired intangibles	-2,732	-5,093	-6,526	-10,707
Restructuring charges	-1,465	-251	-2,144	-3,314
Inventory write-off related to discontinued product line - ATS	0	0	7	0
Share-based compensation	-121	-126	-352	-193
Current period impact of acquisition related adjustments	23	22	44	44
Corporate Segment [Member]	'	'	'	'
Segment adjusted operating income	'	'	'	'
Adjusted operating income	-3,391	-3,483	-6,609	-7,509
Restructuring charges	-11	0	-11	0
Share-based compensation	-131	-314	-544	-772
Business acquisition and divestiture related costs	-341	-100	-341	-697
Current period impact of acquisition related adjustments	($55)	($55)	($110)	($110)

Business_Segments_Details_Text

Business Segments (Details Textual) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013
Net sales	$151,105	$151,872	$283,837	$289,507	'
Total assets	1,026,679	'	1,026,679	'	1,028,954
Percentage Of Sales To Agencies of United States government	30.00%	26.00%	31.00%	29.00%	'
Concentration Risk, Customer	'	'	'No customer constituted more than 10% of sales during any of the periods presented	'	'
U K Operations [Member]	'	'	'	'	'
Net sales	40,800	33,700	71,400	65,500	'
Total assets	211,800	'	211,800	'	177,300
Synthesizer Reporting Unit [Member]	'	'	'	'	'
Net sales	$5,400	$4,800	$9,200	$8,400	'

Subsequent_Event_Details_Textu

Subsequent Event (Details Textual) (Subsequent Event [Member], Shenick Network Systems [Member], USD $)	6 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2013
Subsequent Event [Member] | Shenick Network Systems [Member]	'	'
Subsequent Event, Date	5-Feb-14	'
Business Acquisition, Name of Acquired Entity	'Shenick Network Systems	'
Business Acquisition, Percentage of Voting Interests Acquired	100.00%	100.00%
Payments to Acquire Businesses, Gross	$28.50	'
Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period	'	$9.40