Sra International 10-Q 6 Feb 15 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Dec. 31, 2014	Feb. 06, 2015
Document And Entity Information [Abstract]
Entity registrant name	SRA INTERNATIONAL, INC.
Trading symbol	SRX
Entity central index key	906192
Current fiscal year end date	-24
Entity filer category	Non-accelerated Filer
Document type	10-Q
Document period end date	31-Dec-14
Document fiscal year focus	2015
Document fiscal period focus	Q2
Amendment flag	FALSE
Entity common stock, shares outstanding (in shares)		1,000

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$95,830	$108,840
Restricted cash	681	1,619
Accounts receivable, net	225,739	217,677
Prepaid expenses and other	7,697	5,643
Total current assets	329,947	333,779
Property and equipment, net	18,484	18,925
Goodwill	783,604	783,604
Trade names	150,200	150,200
Identified intangibles, net	224,900	253,916
Other long-term assets	32,151	35,632
Total assets	1,539,286	1,576,056
Current liabilities:
Current portion of long-term debt	30,000	22,000
Accounts payable and accrued expenses	124,586	136,626
Accrued payroll and employee benefits	82,271	83,017
Billings in excess of revenue recognized	9,415	10,801
Deferred income taxes	1,376	5,355
Total current liabilities	247,648	257,799
Long-term debt	1,029,639	1,047,927
Deferred income taxes	108,037	104,941
Other long-term liabilities	17,689	24,741
Total liabilities	1,403,013	1,435,408
Commitments and contingencies
Stockholder's equity:
Common stock, par value $0.01 per share; 1,000 shares authorized, issued and outstanding as of June 30, 2014 and December 31, 2014	0	0
Additional paid-in capital	525,659	522,919
Accumulated other comprehensive loss, net of tax	-8,785	-11,871
Accumulated deficit	-380,601	-370,400
Total stockholder's equity	136,273	140,648
Total liabilities and stockholder's equity	$1,539,286	$1,576,056

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets [Parenthetical] (USD $)	Dec. 31, 2014	Jun. 30, 2014
Statement of Financial Position [Abstract]
Common stock, par value per share (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	1,000	1,000
Common stock, shares issued (in shares)	1,000	1,000
Common stock, shares outstanding (in shares)	1,000	1,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Revenue	$342,018	$333,713	$680,633	$683,536
Operating costs and expenses:
Cost of services	264,101	260,050	519,864	524,187
Selling, general and administrative	41,352	40,207	86,282	85,748
Depreciation and amortization of property and equipment	1,998	2,323	4,074	4,908
Amortization of intangible assets	14,350	18,064	29,122	36,584
Gain on the sale of a portion of the Health & Civil business	0	0	0	-1,564
Total operating costs and expenses	321,801	320,644	639,342	649,863
Operating income	20,217	13,069	41,291	33,673
Interest expense	-26,566	-26,356	-53,840	-52,527
Interest income	9	24	23	34
Loss before income taxes	-6,340	-13,263	-12,526	-18,820
Benefit from income taxes	-297	-5,095	-2,325	-7,111
Net loss	($6,043)	($8,168)	($10,201)	($11,709)

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Loss (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net loss	($6,043)	($8,168)	($10,201)	($11,709)
Unrealized gain (loss) on interest rate swaps, net of tax	1,389	47	3,086	-48
Comprehensive loss	($4,654)	($8,121)	($7,115)	($11,757)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net loss	($10,201)	($11,709)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization of property and equipment	4,739	5,619
Amortization of intangible assets	29,122	36,584
Stock-based compensation	2,786	2,130
Deferred income taxes	-2,875	-7,618
Amortization of original issue discount and debt issuance costs	3,640	3,747
Gain on the sale of a portion of the Health & Civil business	0	-1,564
Changes in assets and liabilities, net of the effect of acquisitions and divestitures
Accounts receivable	-9,341	11,399
Prepaid expenses and other	-2,054	3,697
Accounts payable and accrued expenses	-12,093	10,624
Accrued payroll and employee benefits	-746	-7,899
Billings in excess of revenue recognized	-1,386	2,217
Other	685	878
Net cash provided by operating activities	2,276	48,105
Cash flows from investing activities:
Capital expenditures	-4,453	-4,761
Proceeds from the sale of a portion of the Health & Civil business	0	5,492
Net cash provided by (used in) investing activities	-4,453	731
Cash flows from financing activities:
Borrowings under revolving credit facility	0	100,000
Repayments under revolving credit facility	0	-100,000
Repayments of Term Loan B Facility	-10,833	0
Net cash used in financing activities	-10,833	0
Net increase (decrease) in cash and cash equivalents	-13,010	48,836
Cash and cash equivalents, beginning of period	108,840	5,050
Cash and cash equivalents, end of period	95,830	53,886
Supplementary Cash Flow Information
Cash paid for interest	56,189	49,114
(Refunds received) cash paid for income taxes	$1,485	($680)

Basis_of_Presentation

Basis of Presentation:	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation:	Basis of Presentation:
	SRA International, Inc., a Virginia corporation, or SRA or the Company, was acquired on July 20, 2011 by private equity investment funds, or the PEP Funds, sponsored by Providence Equity Partners L.L.C., or Providence, collectively referred to as the Transaction. SRA is a wholly-owned subsidiary of Sterling Parent L.L.C., or Sterling Parent, which is wholly-owned by Sterling Holdco Inc., or Sterling Holdco, or collectively, the Parent. The Parent was formed by the PEP Funds for the purpose of the Transaction.
	The accompanying unaudited condensed consolidated financial statements include the accounts of SRA and its wholly-owned subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP. Certain information and note disclosures normally included in the annual financial statements, which are also prepared in accordance with GAAP, have been omitted pursuant to those rules and regulations. The Company believes that the disclosures made are adequate to make the information presented not misleading.
	In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments and reclassifications that are necessary for fair presentation of the periods presented. The results for the three and six months ended December 31, 2014 are not necessarily indicative of the results to be expected for the full fiscal year. These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto for the fiscal year ended June 30, 2014 included in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission on August 8, 2014.
	Nature of Business
	SRA provides technology and strategic consulting services and solutions primarily to U.S. federal government organizations. The Company provides services and solutions that enable mission performance, improve efficiency of operations, and/or reduce operating costs. The Company's portfolio of customers spans a broad variety of federal agencies and is organized around them into two business groups: National Security group and Health & Civil group.
	Operating segments are components of an enterprise for which separate financial information is available that is evaluated regularly by the chief operating decision maker in allocating resources and in assessing performance. Due to the similarities in the types of customers, services and overall economic characteristics of the Company’s two business groups, the Company aggregates all of its operations into one reportable segment.
	The Company derives a substantial portion of its revenue from services provided as a prime contractor or subcontractor on engagements with various agencies of the U.S. government. These contracts represented greater than 97% of the Company’s revenue for all periods presented. The Company considers individual agencies that may fall under a larger department as separate customers. No customer accounted for 10% or more of the Company’s revenue for any of the periods presented.
	Fair Value Measurements
	Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between marketplace participants. Various valuation approaches can be used to determine fair value, each requiring different valuation inputs. The following hierarchy classifies the inputs used to determine fair value into three levels:
	•	Level 1 – Quoted prices for identical instruments in active markets;
	•	Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and
	•	Level 3 – Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
	The Company did not have any significant non-financial assets or liabilities measured at fair value on June 30, 2014 or December 31, 2014. However, the fair value measurement concepts are applied in determining the fair value of goodwill and intangible assets for the purposes of assessing impairment. The valuation models used in the impairment analysis are based in part on estimated future operating results and cash flows. Because these factors are derived from the Company's estimates and internal market assumptions, they are considered unobservable inputs and the resulting fair value measurements are included in Level 3 of the fair value hierarchy.
	The Company’s financial instruments include cash, trade receivables, vendor payables, debt, and derivative financial instruments. As of June 30, 2014 and December 31, 2014, the carrying value of cash, trade receivables and vendor payables approximated their fair value. See Note 5 for a discussion of the fair value of the Company’s debt. See Note 6 for a discussion of the fair value of the Company’s derivative financial instruments.
	Divestiture
	On July 1, 2013, the Company sold a portion of its Health & Civil business, consisting of six contracts, for approximately $5.5 million. The Company recognized a gain of approximately $1.6 million during the six months ended December 31, 2013 as a component of continuing operations. As a result of the divestiture, goodwill and intangible assets were reduced by approximately $4.2 million and $1.3 million, respectively.
	Income Taxes
	The Company's effective tax rate for the six months ended December 31, 2013 and 2014 was a tax benefit of 37.8% and 18.6%, respectively. The Company's year to date fiscal 2014 effective tax rate was lower than the statutory income tax rate primarily due to non-deductible permanent items. The Company's year to date fiscal 2015 tax rate was lower than the statutory income tax rate as a result of adjusting tax benefits recognized previously in the financial statements and prior year tax returns.
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board issued Accounting Standard Update, or ASU, 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company's fiscal 2018. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. Management is currently evaluating the methods of adoption allowed by the new standard and the effect the standard is expected to have on the Company's financial statements.

StockBased_Compensation

Stock-Based Compensation:	6 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation:	Stock-Based Compensation:
	Stock Options
	The Sterling Holdco Board of Directors adopted a stock incentive plan in February 2012, amended in December 2012, the 2012 Plan, that authorizes the issuance of up to 61,262 shares of common stock of Sterling Holdco in the form of options. Under the 2012 Plan, key employees, non-employee directors and consultants of the Company may be granted a combination of service and performance options. The performance options are considered market-based for accounting purposes. The Company utilizes the Black-Scholes-Merton model to value the service options and the Monte Carlo or binomial lattice model to value the performance options.
	The service options generally vest in five equal installments subject to the option holder’s continued employment or service with the Company. The performance options vest at the time of a change in control based upon a specified level of cash return to the PEP Funds from its investment in the Company.   The service and performance options expire 10 years from the date of grant.
	The following table summarizes stock option activity for the six months ended December 31, 2014:
	Service Options:
	Shares under option at June 30, 2014	26,071
	Options granted	883
	Options forfeited or cancelled	(1,316	)
	Shares under option at December 31, 2014	25,638
	Options exercisable at December 31, 2014	12,341
	Performance Options:
	Shares under option at June 30, 2014	25,957
	Options granted	883
	Options forfeited or cancelled	(617	)
	Shares under option at December 31, 2014	26,223
	Restricted Stock
	In fiscal 2012, pursuant to the Chief Executive Officer’s, or CEO’s, employment agreement, the CEO was granted 1,000 shares of Sterling Holdco restricted stock at $1,000 per share. The restricted shares vest 20% per year on each of the first five anniversaries of the CEO’s date of employment with the Company.
	In June 2013, the Sterling Holdco Board of Directors approved a restricted stock plan, the Restricted Stock Plan. The Board may award shares of restricted stock under the Restricted Stock Plan, at its discretion, to key employees. As of December 31, 2014, the number of authorized shares eligible for grant under the Restricted Stock Plan was 19,340 shares of Sterling Holdco’s common stock.
	Vesting of restricted stock awarded under the Restricted Stock Plan is subject to the grantee’s continuous employment with the Company from the grant date to the vesting date. Awards vest over various time periods ranging from zero to 36 months. Vested restricted stock issued under the Restricted Stock Plan remains subject to certain sales and transfer restrictions.
	The following table summarizes restricted stock activity for the six months ended December 31, 2014:
	Nonvested restricted shares of Sterling Holdco at June 30, 2014	12,076
	Restricted shares granted	1,019
	Restricted shares vested	(2,236	)
	Restricted shares forfeited	(395	)
	Nonvested restricted shares of Sterling Holdco at December 31, 2014	10,464
	Stock Compensation Expense
	The Company recognized stock-based compensation expense related to the stock options and restricted stock of $0.8 million and $0.6 million for the three months ended December 31, 2013 and 2014, respectively, and $2.1 million and $2.8 million for the six months ended December 31, 2013 and 2014, respectively.

Accounts_Receivable

Accounts Receivable:	6 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Accounts Receivable:	Accounts Receivable:
	Accounts receivable, net as of June 30, 2014 and December 31, 2014 consisted of the following (in thousands):
		June 30,			December 31,
		2014			2014
	Billed and billable, net of allowance of $957 and $1,027 as of June 30, 2014 and December 31, 2014, respectively	$	201,427		$	208,020
	Unbilled:
	Retainages	4,031			4,514
	Revenue recorded in excess of milestone billings on fixed-price contracts	12,595			14,775
	Revenue recorded in excess of contractual authorization, billable upon receipt of contractual documents	5,184			4,723
	Allowance for unbillable amounts	(5,560		)	(6,293		)
	Total unbilled	16,250			17,719
	Accounts receivable, net	$	217,677		$	225,739
	The billable receivables included in the billed and billable line item above represent primarily revenue earned in the final month of the reporting period. Consistent with industry practice, certain receivables related to long-term contracts are classified as current, although $2.5 million of retainages are not expected to be billed and collected within one year. The Company’s accounts receivable are primarily from federal government agencies or customers engaged in work for the federal government. The Company believes there is no material credit risk associated with these receivables.
	Billings in excess of revenue recognized totaled $10.8 million and $9.4 million at June 30, 2014 and December 31, 2014, respectively. Billings in excess of the revenue recognized are included in current liabilities in the condensed consolidated balance sheets.
	During fiscal 2014, the Company entered into an accounts receivable purchase agreement under which the Company sells certain accounts receivable to a third party, or the Factor, without recourse to the Company. The Factor initially pays the Company 90% of the receivable and the remaining price is deferred and based on the amount the Factor receives from our customer. The structure of the transaction provides for a true sale, on a revolving basis, of the receivables transferred. Accordingly, upon transfer of the receivable to the Factor, the receivable is removed from the Company's condensed consolidated balance sheet, a loss on the sale is recorded and the deferred price is an account receivable until it is collected. The balance of the sold receivables may not exceed $50 million at any time. During the three and six months ended December 31, 2014, the Company sold approximately $102.6 million and $188.7 million of receivables, respectively, and recognized a related loss of approximately $0.2 million and $0.5 million in selling, general and administrative expenses for the same periods, respectively. As of December 31, 2014, the balance of the sold receivables was approximately $31.8 million, and the related deferred price was approximately $3.1 million.

Composition_of_Certain_Financi

Composition of Certain Financial Statement Captions:	6 Months Ended
	Dec. 31, 2014
Composition Of Certain Financial Statements Captions [Abstract]
Composition of Certain Financial Statements Captions	Composition of Certain Financial Statement Captions:
	Details of the composition of certain financial statement captions for the periods presented were as follows (in thousands):
		June 30,			December 31,
		2014			2014
	Prepaid expenses and other
	Taxes and taxes receivable	$	—		$	12
	Maintenance and software	1,575			2,251
	Rent	237			318
	Other	3,831			5,116
	Total prepaid expenses and other	$	5,643		$	7,697
	Property and equipment
	Leasehold improvements	$	22,482		$	23,039
	Furniture, equipment and software	32,185			34,402
	Total property and equipment	54,667			57,441
	Less: Accumulated depreciation and amortization	(35,742		)	(38,957		)
	Total property and equipment, net	$	18,925		$	18,484
	Identified intangibles
	Acquired intangible assets	$	501,699		$	501,699
	Software development costs	2,930			3,036
	Total identified intangibles	504,629			504,735
	Less: Accumulated amortization	(250,713		)	(279,835		)
	Total identified intangibles, net	$	253,916		$	224,900
	Other long-term assets
	Debt issuance costs, net	$	31,566		$	28,471
	Other	4,066			3,680
	Total other long-term assets	$	35,632		$	32,151
	Accounts payable and accrued expenses
	Vendor obligations	$	86,658		$	78,722
	Accrued interest	23,215			17,196
	Interest rate derivative liability	10,729			10,416
	Facility exit charge	8,173			5,868
	Other	7,851			12,384
	Total accounts payable and accrued expenses	$	136,626		$	124,586
	Accrued payroll and employee benefits
	Accrued salaries and incentive compensation	$	35,195		$	34,955
	Accrued leave	33,694			29,260
	Other	14,128			18,056
	Total accrued payroll and employee benefits	$	83,017		$	82,271
	Other long-term liabilities
	Interest rate derivative liability	$	8,803		$	4,039
	Deferred rent	9,433			9,937
	Facility exit charge	5,193			3,227
	Other	1,312			486
	Total other long-term liabilities	$	24,741		$	17,689

Debt

Debt:	6 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Debt:	Debt:
	On July 20, 2011, in connection with the Transaction, the Company (i) entered into senior secured credit facilities, consisting of an $875.0 million Term Loan B Facility and a $100.0 million Revolver, or the Credit Agreement, and (ii) issued $400.0 million aggregate principal amount of 11% Senior Notes. The Term Loan B Facility was issued at a discount of $8.75 million.
	At June 30, 2014 and December 31, 2014, debt consisted of the following (in thousands):
		June 30,			December 31,
		2014			2014
	Secured Term Loan B Facility	$	675,000		$	664,167
	Less: Unamortized discount	(5,073		)	(4,528		)
	Secured Term Loan B Facility, net	669,927			659,639
	Senior Notes due 2019 at 11%	400,000			400,000
	Total debt	1,069,927			1,059,639
	Current portion of long-term debt	(22,000		)	(30,000		)
	Long-term debt	$	1,047,927		$	1,029,639
	As of December 31, 2014, the estimated fair value of the Company’s outstanding debt was approximately $1,087.7 million.  The estimated fair value of our outstanding debt was determined based on quoted prices for similar instruments in active markets (Level 2 inputs).
	The senior secured credit facilities and the indenture governing the Senior Notes issued in connection with the Transaction limit the Company’s ability to incur certain additional indebtedness, pay dividends or make other distributions or repurchase capital stock, make certain investments, enter into certain types of transactions with affiliates, use assets as security in other transactions, and sell certain assets.
	The Company is required to meet a net senior secured leverage ratio, or NSSLR, covenant quarterly if any revolving loan, swing-line loan or letter of credit is outstanding on the last day of the quarter. The Company had no outstanding debt, letters of credit or borrowings on its Revolver as of June 30, 2014 and December 31, 2014.   If the Company had any borrowings on its Revolver, it would have been required to maintain a NSSLR of less than or equal to 4.75x as of December 31, 2014. The NSSLR requirement decreases over time to 4.5x as of June 30, 2016. The ratio is calculated as the consolidated net secured indebtedness as of the last day of the quarter (defined as the consolidated net debt secured by any lien minus any cash and permitted investments) to the preceding four quarters’ consolidated EBITDA (as defined in the Credit Agreement). The Company’s NSSLR was 3.2x as of June 30, 2014 and 3.2x as of December 31, 2014. As of December 31, 2014, the Company was in compliance with all of its covenants.
	Senior Secured Credit Facilities
	Borrowings under the senior secured credit facilities bear interest at a rate equal to an applicable margin plus London Interbank Offered Rate, or LIBOR, with a 1.25% floor, or, at the Company’s option, an applicable margin plus an alternative base rate determined by reference to the higher of the prime rate or the federal funds rate plus 0.5%, with a 2.25% floor. In addition to paying interest on outstanding principal under the senior secured credit facilities, the Company pays a per annum commitment fee on undrawn amounts under the revolving credit facility and customary administrative fees. The senior secured credit facilities are guaranteed by the Company’s wholly-owned subsidiaries and by Sterling Parent. The Term Loan B Facility matures in July 2018 and the Revolver matures in July 2016.
	In addition, the senior secured credit facilities require the Company to prepay outstanding term loans, subject to certain exceptions, in the case of excess cash flow, or ECF, and in the event of certain asset sales, condemnation events and issuances of debt. The Company is required to make annual payments equal to 50% of ECF based upon achievement of a net senior secured leverage ratio, or NSSLR, between 2.75x and 3.5x. The required annual payments adjust to 75% of ECF when NSSLR is greater than 3.5x, 25% of ECF when NSSLR is between 2x and 2.75x, and zero if NSSRL is less than 2x. Any required ECF payments are due in October each year, subject to acceptance by the lenders. The Company repaid $140.0 million of its Term Loan B Facility in fiscal 2012, which satisfied all of the Company’s required quarterly principal payments and required ECF principal payments for fiscal 2012. The Company repaid $20.0 million of its Term Loan B Facility in fiscal 2013, which satisfied the Company’s required ECF principal payments for fiscal 2013. The Company's fiscal 2014 ECF requirement was $61.5 million, of which the Company repaid $40.0 million during fiscal 2014. The remainder was tendered as payment in October 2014, of which $10.6 million was declined by the lenders and returned to the Company, as permitted by the facility.
	The $8.75 million Term Loan B Facility original issue discount is being amortized to interest expense using the effective interest method and added to the recorded debt amount over the seven-year term of the loan. During the three months ended December 31, 2013 and 2014 and the six months ended December 31, 2013 and 2014, $0.3 million, $0.2 million, $0.6 million and $0.5 million of the original issue discount were amortized and reflected in interest expense in the condensed consolidated statements of operations, respectively.
	Costs incurred in connection with the issuance of the debt are amortized using the effective interest method over the life of the related debt and accelerated to the extent that any repayment is made. During the three months ended December 31, 2013 and 2014 and the six months ended December 31, 2013 and 2014, $1.5 million, $1.4 million, $3.2 million and $3.1 million of costs were amortized and reflected in interest expense in the condensed consolidated statements of operations, respectively.
	As of December 31, 2014, interest accrued at a rate of 6.5% for the senior secured credit facilities. Interest payments of $12.5 million and $11.3 million were made in the three months ended December 31, 2013 and 2014, respectively, including $0.1 million and $0.2 million of commitment fees for the same periods. Interest payments of $24.7 million and $30.2 million were made in the six months ended December 31, 2013 and 2014, respectively, including $0.4 million and $0.3 million of commitment fees for the same periods.
	Senior Notes due 2019
	The Senior Notes due 2019 are guaranteed by all of the Company’s wholly-owned subsidiaries. The guarantees are full and unconditional and joint and several. Each of the subsidiary guarantors are 100% owned by the Company and have no independent assets or operations.
	Interest on the Senior Notes is payable semi-annually. The Senior Notes are redeemable in whole or in part, at the option of the Company, at varying redemption prices that generally include premiums. As of December 31, 2014, interest accrued at 11.0% for the Senior Notes. The Company paid $22.0 million of interest related to the Senior Notes in the three months ended December 31, 2014 and the six months ended December 31, 2013 and 2014.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities:	6 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities:	Derivative Instruments and Hedging Activities:
	Hedge of Interest Rate Risk
	Risk Management Objective of Using Derivatives
	The Company utilizes derivative financial instruments to manage interest rate risk related to its Term Loan B Facility.
	Cash Flow Hedges of Interest Rate Risk
	The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company uses interest rate swaps as part of its interest rate risk management strategy. Such derivatives were used to hedge the variable cash flows associated with existing variable-rate debt. As of June 30, 2014 and December 31, 2014, the Company had outstanding interest rate derivatives with a combined notional value of $565.0 million and $500.0 million, respectively, which were designated as cash flow hedges of interest rate risk. The interest rate swap derivatives decrease over time to a notional value of $475.0 million upon maturity in July 2016.
	The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in Accumulated Other Comprehensive Income, or AOCI, net of taxes, and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts reported in AOCI related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. During the next twelve months, the Company estimates that approximately $6.3 million will be reclassified from AOCI into earnings.
	Fair Values of Derivative Instruments on the Condensed Consolidated Balance Sheets
	The fair value of the Company’s derivative financial instruments, determined using Level 2 inputs (see Note 1), was $19.5 million and $14.5 million as of June 30, 2014 and December 31, 2014, respectively. The current portion is included in the accounts payable and accrued expenses and the long-term portion is included in other long-term liabilities in the condensed consolidated balance sheets.
	The Company utilizes a third-party pricing service to assist with determining the fair values for its interest rate swaps. The Company performs procedures to corroborate the values provided by the pricing service including regular discussions to understand the pricing service’s methodology and a review of the service provider’s Statement on Standards for Attestation Engagements No. 16, or SSAE 16, report.
	The Effect of Derivative Instruments on the Condensed Consolidated Statements of Operations & Condensed Consolidated Statements of Comprehensive Loss
	All amounts recorded in other comprehensive loss are related to the Company’s derivatives. The following table represents a rollforward of amounts recognized in accumulated other comprehensive loss, including the reclassifications out of the accumulated other comprehensive loss to the condensed consolidated statements of operations (in thousands):
		Three months ended December 31,						Six months ended December 31,
		2013			2014			2013			2014
	Beginning of period	$	(12,278	)	$	(10,174	)	$	(12,183	)	$	(11,871	)
	Other comprehensive loss before reclassifications
	Total before tax	(1,064		)	(430		)	(2,413		)	(489		)
	Tax effect	417			169			946			192
	Net of tax	(647		)	(261		)	(1,467		)	(297		)
	Amounts reclassified from accumulated other comprehensive income (loss)
	Total before tax	1,141			2,715			2,334			5,566
	Tax effect	(447		)	(1,065		)	(915		)	(2,183		)
	Net of tax	694			1,650			1,419			3,383
	Net other comprehensive income (loss)	47			1,389			(48		)	3,086
	End of period	$	(12,231	)	$	(8,785	)	$	(12,231	)	$	(8,785	)
	Credit Risk-Related Contingent Features
	The Company has agreements with each of its interest rate swap counterparties that contain a provision providing that the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company's default on the indebtedness.
	If the Company had breached any of the provisions of the agreements at December 31, 2014, it could have been required to settle its obligations under the agreements at an estimated termination value. As of December 31, 2014, the termination value of the interest rate swaps in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk related to these agreements, was $17.8 million. As of December 31, 2014, the Company was not in breach of any of the provisions nor posted any collateral related to these agreements.

Commitments_and_Contingencies

Commitments and Contingencies:	6 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies:	Commitments and Contingencies:
	Government Contracting
	The Company is subject to investigations and reviews relating to compliance with various laws and regulations. U.S. Government agencies, including the Defense Contract Audit Agency, or DCAA, and the Defense Contract Management Agency, or DCMA, routinely audit and review a contractor’s performance on government contracts; accounting, estimating, and other management internal control systems; indirect rates and pricing practices; and compliance with applicable contracting and procurement laws, regulations and standards, including U.S. Government Cost Accounting Standards.
	In November 2013, DCMA issued a report that deemed the Company’s accounting system acceptable. Any future adverse audit findings or failure to obtain an “adequate” determination of the Company’s various accounting, estimating, and other management internal control systems from the responsible U.S. government agency could significantly and adversely affect its business, including its ability to bid on new contracts and its competitive position in the bidding process. The government may also decrement billings until cited deficiencies are corrected and a follow-up review has been performed by DCAA confirming corrective actions are adequate.
	The DCAA has not completed audits of the Company’s incurred cost submissions for fiscal 2008 and subsequent fiscal years. The Company has recorded financial results subsequent to fiscal 2007 based upon costs that the Company believes will be approved upon final audit or review. If incurred cost audits result in adverse findings that exceed the Company’s estimates, it may have a material adverse effect on the Company’s financial position, results of operations or cash flows.
	Litigation
	The Company is subject to investigations, audits and reviews relating to compliance with various laws and regulations with respect to its role as a contractor to agencies and departments of the U.S. Government, state, local, and foreign governments, and otherwise in connection with performing services in countries outside of the United States. Such matters can lead to criminal, civil or administrative proceedings and the Company could be faced with penalties, fines, payments or compensatory damages. Adverse findings could also have a material adverse effect on the Company because of its reliance on government contracts. The Company is subject to periodic audits by state, local, and foreign governments for taxes. The Company is also involved in various claims, arbitrations and lawsuits arising in the normal conduct of its business, including but not limited to bid protests, various employment litigation matters, contractual disputes and charges before administrative agencies. Although the Company can give no assurance, based upon its evaluation and taking into account the advice of legal counsel, the Company does not believe that the outcome of any such matter would likely have a material adverse effect on the Company’s consolidated financial position, results of operations, or cash flows.

Facility_Exit_Costs

Facility Exit Costs:	6 Months Ended
	Dec. 31, 2014
Restructuring Charges [Abstract]
Facility Exit Costs:	Facility Exit Costs:
	Periodically the Company initiates activities to consolidate and exit certain underutilized leased facilities as well as sublease excess space. The Company exited underutilized office space in several of its leased facilities and recognized total facility exit charges of $0.4 million and $0.5 million during the three and six months ended December 31, 2013, respectively. During the three and six months ended December 31, 2014, the Company recognized facility exit charges of $0.5 million and $1.8 million, respectively, offset by a reduction in the facility exit charge of $2.4 million due to negotiating more favorable sublease terms than were previously estimated. Future lease payments will continue to be made through the end of the lease terms, with the latest expiring in fiscal 2026.
	In determining the fair value of the facility exit charges, the Company made estimates related to potential sublease income and future exit costs. If the actual amounts differ from the Company’s estimates, the amount of the facility exit charges could be impacted.
	The following is a summary of the accrued facility exit charge (in thousands). The current portion is included in accounts payable and accrued expenses and the long-term portion is included in other long-term liabilities in the condensed consolidated balance sheets.
	Balance as of June 30, 2014	$	13,366
	Facility exit costs accrued, net	(551		)
	Cash payments	(3,556		)
	Other	(164		)
	Balance as of December 31, 2014	9,095
	Current portion of facility exit charge liability	(5,868		)
	Long-term facility exit charge liability	$	3,227

Related_Party_Transactions

Related Party Transactions:	6 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions:	Related Party Transactions:
	In accordance with the Transaction, Providence provides the Company with advisory, consulting, and other services for which the Company pays Providence an annual management fee. In addition to the management fee, the Company is responsible for expenses incurred by Providence in connection with its performance of oversight services. The Company incurred $0.4 million and $0.4 million in management fees and expenses for the three months ended December 31, 2013 and 2014, respectively, and $0.9 million and $0.9 million for the six months ended December 31, 2013 and 2014, respectively.
	From time to time, and in the ordinary course of business, the Company purchases goods and services from other Providence portfolio companies. Costs associated with these related party transactions for the three months ended December 31, 2013 and 2014 were $1.2 million and $2.2 million, respectively, and $2.3 million and $3.6 million for the six months ended December 31, 2013 and 2014, respectively.
	As of June 30, 2014, there were no amounts due from related parties and $0.6 million due to related parties, which was included in accounts payable and accrued expenses in the accompanying condensed consolidated balance sheet. As of December 31, 2014, there were no amounts due from related parties and $0.3 million due to related parties, which was included in accounts payable and accrued expenses in the accompanying condensed consolidated balance sheet.

Basis_of_Presentation_Policies

Basis of Presentation: (Policies)	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation:
	SRA International, Inc., a Virginia corporation, or SRA or the Company, was acquired on July 20, 2011 by private equity investment funds, or the PEP Funds, sponsored by Providence Equity Partners L.L.C., or Providence, collectively referred to as the Transaction. SRA is a wholly-owned subsidiary of Sterling Parent L.L.C., or Sterling Parent, which is wholly-owned by Sterling Holdco Inc., or Sterling Holdco, or collectively, the Parent. The Parent was formed by the PEP Funds for the purpose of the Transaction.
	The accompanying unaudited condensed consolidated financial statements include the accounts of SRA and its wholly-owned subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP. Certain information and note disclosures normally included in the annual financial statements, which are also prepared in accordance with GAAP, have been omitted pursuant to those rules and regulations. The Company believes that the disclosures made are adequate to make the information presented not misleading.
	In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments and reclassifications that are necessary for fair presentation of the periods presented. The results for the three and six months ended December 31, 2014 are not necessarily indicative of the results to be expected for the full fiscal year. These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto for the fiscal year ended June 30, 2014 included in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission on August 8, 2014.
Nature of Business	Nature of Business
	SRA provides technology and strategic consulting services and solutions primarily to U.S. federal government organizations. The Company provides services and solutions that enable mission performance, improve efficiency of operations, and/or reduce operating costs. The Company's portfolio of customers spans a broad variety of federal agencies and is organized around them into two business groups: National Security group and Health & Civil group.
	Operating segments are components of an enterprise for which separate financial information is available that is evaluated regularly by the chief operating decision maker in allocating resources and in assessing performance. Due to the similarities in the types of customers, services and overall economic characteristics of the Company’s two business groups, the Company aggregates all of its operations into one reportable segment.
	The Company derives a substantial portion of its revenue from services provided as a prime contractor or subcontractor on engagements with various agencies of the U.S. government. These contracts represented greater than 97% of the Company’s revenue for all periods presented. The Company considers individual agencies that may fall under a larger department as separate customers. No customer accounted for 10% or more of the Company’s revenue for any of the periods presented.
Fair Value Measurements	Fair Value Measurements
	Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between marketplace participants. Various valuation approaches can be used to determine fair value, each requiring different valuation inputs. The following hierarchy classifies the inputs used to determine fair value into three levels:
	•	Level 1 – Quoted prices for identical instruments in active markets;
	•	Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and
	•	Level 3 – Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
	The Company did not have any significant non-financial assets or liabilities measured at fair value on June 30, 2014 or December 31, 2014. However, the fair value measurement concepts are applied in determining the fair value of goodwill and intangible assets for the purposes of assessing impairment. The valuation models used in the impairment analysis are based in part on estimated future operating results and cash flows. Because these factors are derived from the Company's estimates and internal market assumptions, they are considered unobservable inputs and the resulting fair value measurements are included in Level 3 of the fair value hierarchy.
	The Company’s financial instruments include cash, trade receivables, vendor payables, debt, and derivative financial instruments. As of June 30, 2014 and December 31, 2014, the carrying value of cash, trade receivables and vendor payables approximated their fair value. See Note 5 for a discussion of the fair value of the Company’s debt. See Note 6 for a discussion of the fair value of the Company’s derivative financial instruments.
Divestiture	Divestiture
	On July 1, 2013, the Company sold a portion of its Health & Civil business, consisting of six contracts, for approximately $5.5 million. The Company recognized a gain of approximately $1.6 million during the six months ended December 31, 2013 as a component of continuing operations. As a result of the divestiture, goodwill and intangible assets were reduced by approximately $4.2 million and $1.3 million, respectively.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board issued Accounting Standard Update, or ASU, 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company's fiscal 2018. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. Management is currently evaluating the methods of adoption allowed by the new standard and the effect the standard is expected to have on the Company's financial statements.

StockBased_Compensation_Tables

Stock-Based Compensation: (Tables)	6 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Activity	The following table summarizes stock option activity for the six months ended December 31, 2014:
	Service Options:
	Shares under option at June 30, 2014	26,071
	Options granted	883
	Options forfeited or cancelled	(1,316	)
	Shares under option at December 31, 2014	25,638
	Options exercisable at December 31, 2014	12,341
	Performance Options:
	Shares under option at June 30, 2014	25,957
	Options granted	883
	Options forfeited or cancelled	(617	)
	Shares under option at December 31, 2014	26,223
Summary of Restricted Stock Activity	The following table summarizes restricted stock activity for the six months ended December 31, 2014:
	Nonvested restricted shares of Sterling Holdco at June 30, 2014	12,076
	Restricted shares granted	1,019
	Restricted shares vested	(2,236	)
	Restricted shares forfeited	(395	)
	Nonvested restricted shares of Sterling Holdco at December 31, 2014	10,464

Accounts_Receivable_Tables

Accounts Receivable: (Tables)	6 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable, net as of June 30, 2014 and December 31, 2014 consisted of the following (in thousands):
		June 30,			December 31,
		2014			2014
	Billed and billable, net of allowance of $957 and $1,027 as of June 30, 2014 and December 31, 2014, respectively	$	201,427		$	208,020
	Unbilled:
	Retainages	4,031			4,514
	Revenue recorded in excess of milestone billings on fixed-price contracts	12,595			14,775
	Revenue recorded in excess of contractual authorization, billable upon receipt of contractual documents	5,184			4,723
	Allowance for unbillable amounts	(5,560		)	(6,293		)
	Total unbilled	16,250			17,719
	Accounts receivable, net	$	217,677		$	225,739

Composition_of_Certain_Financi1

Composition of Certain Financial Statement Captions: (Tables)	6 Months Ended
	Dec. 31, 2014
Composition Of Certain Financial Statements Captions [Abstract]
Schedule of Composition of Certain Financial Statement Captions	Details of the composition of certain financial statement captions for the periods presented were as follows (in thousands):
		June 30,			December 31,
		2014			2014
	Prepaid expenses and other
	Taxes and taxes receivable	$	—		$	12
	Maintenance and software	1,575			2,251
	Rent	237			318
	Other	3,831			5,116
	Total prepaid expenses and other	$	5,643		$	7,697
	Property and equipment
	Leasehold improvements	$	22,482		$	23,039
	Furniture, equipment and software	32,185			34,402
	Total property and equipment	54,667			57,441
	Less: Accumulated depreciation and amortization	(35,742		)	(38,957		)
	Total property and equipment, net	$	18,925		$	18,484
	Identified intangibles
	Acquired intangible assets	$	501,699		$	501,699
	Software development costs	2,930			3,036
	Total identified intangibles	504,629			504,735
	Less: Accumulated amortization	(250,713		)	(279,835		)
	Total identified intangibles, net	$	253,916		$	224,900
	Other long-term assets
	Debt issuance costs, net	$	31,566		$	28,471
	Other	4,066			3,680
	Total other long-term assets	$	35,632		$	32,151
	Accounts payable and accrued expenses
	Vendor obligations	$	86,658		$	78,722
	Accrued interest	23,215			17,196
	Interest rate derivative liability	10,729			10,416
	Facility exit charge	8,173			5,868
	Other	7,851			12,384
	Total accounts payable and accrued expenses	$	136,626		$	124,586
	Accrued payroll and employee benefits
	Accrued salaries and incentive compensation	$	35,195		$	34,955
	Accrued leave	33,694			29,260
	Other	14,128			18,056
	Total accrued payroll and employee benefits	$	83,017		$	82,271
	Other long-term liabilities
	Interest rate derivative liability	$	8,803		$	4,039
	Deferred rent	9,433			9,937
	Facility exit charge	5,193			3,227
	Other	1,312			486
	Total other long-term liabilities	$	24,741		$	17,689

Debt_Tables

Debt: (Tables)	6 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of Debt	At June 30, 2014 and December 31, 2014, debt consisted of the following (in thousands):
		June 30,			December 31,
		2014			2014
	Secured Term Loan B Facility	$	675,000		$	664,167
	Less: Unamortized discount	(5,073		)	(4,528		)
	Secured Term Loan B Facility, net	669,927			659,639
	Senior Notes due 2019 at 11%	400,000			400,000
	Total debt	1,069,927			1,059,639
	Current portion of long-term debt	(22,000		)	(30,000		)
	Long-term debt	$	1,047,927		$	1,029,639

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities: (Tables)	6 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Rollforward of Amounts Recognized in Accumulated Other Comprehensive Loss	The following table represents a rollforward of amounts recognized in accumulated other comprehensive loss, including the reclassifications out of the accumulated other comprehensive loss to the condensed consolidated statements of operations (in thousands):
		Three months ended December 31,						Six months ended December 31,
		2013			2014			2013			2014
	Beginning of period	$	(12,278	)	$	(10,174	)	$	(12,183	)	$	(11,871	)
	Other comprehensive loss before reclassifications
	Total before tax	(1,064		)	(430		)	(2,413		)	(489		)
	Tax effect	417			169			946			192
	Net of tax	(647		)	(261		)	(1,467		)	(297		)
	Amounts reclassified from accumulated other comprehensive income (loss)
	Total before tax	1,141			2,715			2,334			5,566
	Tax effect	(447		)	(1,065		)	(915		)	(2,183		)
	Net of tax	694			1,650			1,419			3,383
	Net other comprehensive income (loss)	47			1,389			(48		)	3,086
	End of period	$	(12,231	)	$	(8,785	)	$	(12,231	)	$	(8,785	)

Facility_Exit_Costs_Tables

Facility Exit Costs: (Tables)	6 Months Ended
	Dec. 31, 2014
Restructuring Charges [Abstract]
Summary of the Accrued Facility Exit Charge	The following is a summary of the accrued facility exit charge (in thousands). The current portion is included in accounts payable and accrued expenses and the long-term portion is included in other long-term liabilities in the condensed consolidated balance sheets.
	Balance as of June 30, 2014	$	13,366
	Facility exit costs accrued, net	(551		)
	Cash payments	(3,556		)
	Other	(164		)
	Balance as of December 31, 2014	9,095
	Current portion of facility exit charge liability	(5,868		)
	Long-term facility exit charge liability	$	3,227

Basis_of_Presentation_Details_

Basis of Presentation: (Details Textual) (USD $)	0 Months Ended	3 Months Ended	6 Months Ended
	Jul. 02, 2013	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
	contract		business_group
			reportable_segment
Accounting Policies [Abstract]
Number of business groups			2
Number of reportable segments			1
Contract revenue as a percentage of total revenue (greater than)		97.00%	97.00%	97.00%
Contracts Sold	6
Proceeds from divestiture of businesses	$5,500,000		$0	$5,492,000
Gain on divestiture				1,600,000
Reduction in goodwill after divestiture				4,200,000
Reduction in intangible assets after divestiture				$1,300,000
Effective income tax rate			18.60%	37.80%

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2012
			installment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	61,262		61,262
Award vesting installments (in installements)			5
Expiration period			10 years
Restricted shares granted (in shares)			1,019
Stock-based compensation	$600	$800	$2,786	$2,130
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted shares authorized (in shares)	19,340		19,340
Restricted Stock | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock, vesting period			0 months
Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock, vesting period			36 months
Restricted Stock | Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares granted (in shares)					1,000
Restricted stock weighted average exercise price (USD per share)					$1,000
Award vesting annual percentage					20.00%

StockBased_Compensation_Stock_

Stock-Based Compensation: - Stock Option (Details)	6 Months Ended
	Dec. 31, 2014
Service Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Shares under option at June 30, 2014 (in shares)	26,071
Options granted (in shares)	883
Options forfeited or cancelled (in shares)	-1,316
Shares under option at December 31, 2014 (in shares)	25,638
Options exercisable at December 31, 2014 (in shares)	12,341
Performance Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Shares under option at June 30, 2014 (in shares)	25,957
Options granted (in shares)	883
Options forfeited or cancelled (in shares)	-617
Shares under option at December 31, 2014 (in shares)	26,223

StockBased_Compensation_Restri

Stock-Based Compensation: - Restrictred Stock Options (Details)	6 Months Ended
	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Nonvested restricted shares of Sterling Holdco at June 30, 2014 (in shares)	12,076
Restricted shares granted (in shares)	1,019
Restricted shares vested (in shares)	-2,236
Restricted shares forfeited (in shares)	-395
Nonvested restricted shares of Sterling Holdco at December 31, 2014 (in shares)	10,464

Accounts_Receivable_Components

Accounts Receivable: Components of Accounts Receivable - (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Receivables [Abstract]
Billed and billable, net of allowance of $957 and $1,027 as of June 30, 2014 and December 31, 2014, respectively	$208,020	$201,427
Unbilled:
Retainages	4,514	4,031
Revenue recorded in excess of milestone billings on fixed-price contracts	14,775	12,595
Revenue recorded in excess of contractual authorization, billable upon receipt of contractual documents	4,723	5,184
Allowance for unbillable amounts	-6,293	-5,560
Total unbilled	17,719	16,250
Accounts receivable, net	225,739	217,677
Allowance for Doubtful Accounts Receivable	$1,027	$957

Accounts_Receivable_Details_Te

Accounts Receivable: (Details Textual) (USD $)	3 Months Ended	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2014	Jun. 30, 2014
Receivables [Abstract]
Contract retainage not expected to be billed and collected within one year	$2,500,000	$2,500,000
Billings in excess of revenue recognized	9,415,000	9,415,000	10,801,000
Trade receivable sold, maximum amount		50,000,000
Trade receivable sold, amount during period	102,600,000	188,700,000
Gain (loss) on sale of accounts receivable	200,000	500,000
Trade receivable sold, amount	31,800,000	31,800,000
Trade receivable sold, deferred purchase price	$3,100,000	$3,100,000

Composition_of_Certain_Financi2

Composition of Certain Financial Statement Captions: (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Prepaid expenses and other
Taxes and taxes receivable	$12	$0
Maintenance and software	2,251	1,575
Rent	318	237
Other	5,116	3,831
Total prepaid expenses and other	7,697	5,643
Property and equipment
Leasehold improvements	23,039	22,482
Furniture, equipment and software	34,402	32,185
Total property and equipment	57,441	54,667
Less: Accumulated depreciation and amortization	-38,957	-35,742
Total property and equipment, net	18,484	18,925
Identified intangibles
Acquired intangible assets	501,699	501,699
Software development costs	3,036	2,930
Total identified intangibles	504,735	504,629
Less: Accumulated amortization	-279,835	-250,713
Total identified intangibles, net	224,900	253,916
Other long-term assets
Debt issuance costs, net	28,471	31,566
Other	3,680	4,066
Total other long-term assets	32,151	35,632
Accounts payable and accrued expenses
Vendor obligations	78,722	86,658
Accrued interest	17,196	23,215
Interest rate derivative liability	10,416	10,729
Facility exit charge	5,868	8,173
Other	12,384	7,851
Total accounts payable and accrued expenses	124,586	136,626
Accrued payroll and employee benefits
Accrued salaries and incentive compensation	34,955	35,195
Accrued leave	29,260	33,694
Other	18,056	14,128
Total accrued payroll and employee benefits	82,271	83,017
Other long-term liabilities
Interest rate derivative liability	4,039	8,803
Deferred rent	9,937	9,433
Facility exit charge	3,227	5,193
Other	486	1,312
Total other long-term liabilities	$17,689	$24,741

Debt_Summary_of_Debt_Details

Debt: Summary of Debt - (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014	Jul. 20, 2011
In Thousands, unless otherwise specified
Debt Instrument [Line Items]
Debt	$1,059,639	$1,069,927
Current portion of long-term debt	-30,000	-22,000
Long-term debt	1,029,639	1,047,927
Stated interest rate	11.00%
Senior Notes
Debt Instrument [Line Items]
Stated interest rate			11.00%
Senior Notes | Term Loan B Facility
Debt Instrument [Line Items]
Secured Term Loan B Facility	664,167	675,000
Less: Unamortized discount	-4,528	-5,073
Debt	659,639	669,927
Senior Notes | Senior Secured Note
Debt Instrument [Line Items]
Debt	$400,000	$400,000
Stated interest rate	11.00%	11.00%

Debt_Details_Textual

Debt: - (Details Textual) (USD $)	6 Months Ended	12 Months Ended	1 Months Ended	3 Months Ended		6 Months Ended	12 Months Ended	1 Months Ended	12 Months Ended
	Dec. 31, 2014	Jun. 30, 2013	Jul. 20, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2013	Jun. 30, 2012	Oct. 31, 2014	Jun. 30, 2014
Debt Instrument [Line Items]
Stated interest rate	11.00%			11.00%
Estimated fair value of outstanding debt	$1,087,700,000			$1,087,700,000
Minimum leverage ratio	4.75			4.75
Expected NSSLR ratio as of June 30, 2016	4.5			4.5
Net senior secured leverage ratio	3.2	3.2
Current portion of long-term debt	30,000,000			30,000,000					22,000,000
Ratio 1
Debt Instrument [Line Items]
Periodic payment, percent of excess cash flow	75.00%
Ratio 2
Debt Instrument [Line Items]
Net senior secured leverage ratio	3.5
Periodic payment, percent of excess cash flow	50.00%
Ratio 3
Debt Instrument [Line Items]
Net senior secured leverage ratio	2.75
Periodic payment, percent of excess cash flow	25.00%
Ratio 4
Debt Instrument [Line Items]
Net senior secured leverage ratio	2
Periodic payment, percent of excess cash flow	0.00%
London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Federal Funds Rate
Debt Instrument [Line Items]
Basis spread on variable interest rate	0.50%
Federal Funds Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable interest rate	2.25%
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving line of credit, face amount			100,000,000
Maturity date			31-Jul-16
Term Loan
Debt Instrument [Line Items]
Loan face amount			875,000,000
Unamortized debt discount			8,750,000
Maturity date			31-Jul-18
Amortization of debt discount (premium)	500,000			200,000	300,000	600,000
Amortization of financing costs	3,100,000			1,400,000	1,500,000	3,200,000
Interest payment	30,200,000			11,300,000	12,500,000	24,700,000
Commitment fees	300,000			200,000	100,000	400,000
Senior Notes
Debt Instrument [Line Items]
Loan face amount			400,000,000
Stated interest rate			11.00%
Interest payment	22,000,000			22,000,000		22,000,000
Subsidiary ownership percentage	100.00%
Senior Secured Credit Facility
Debt Instrument [Line Items]
Interest rate during the period	6.50%
Term Loam B Facility Fiscal 2012
Debt Instrument [Line Items]
Debt repaid							140,000,000
Term Loam B Facility Fiscal 2013
Debt Instrument [Line Items]
Debt repaid		20,000,000
Term Loam B Facility Fiscal 2014
Debt Instrument [Line Items]
Debt repaid									40,000,000
Excess cash flow payments amount									61,500,000
Excess cash flow payments, amount returned								$10,600,000

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities: (Details Textual) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Derivative [Line Items]
Interest rate cash flow hedge derivatives notional value	$500	$565
Maximum length of time hedged in interest rate cash flow hedges	Jul-16
Cash flow hedge gain loss expected to reclassified to interest expense in next twelve months	6.3
Derivative liability	14.5	19.5
Termination value of the interest rate swap in a net liability position	17.8
Minimum
Derivative [Line Items]
Interest rate cash flow hedge derivatives notional value	$475

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedging Activities: (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Beginning of period	($10,174)	($12,278)	($11,871)	($12,183)
Other comprehensive loss before reclassifications
Total before tax	-430	-1,064	-489	-2,413
Tax effect	169	417	192	946
Net of tax	-261	-647	-297	-1,467
Amounts reclassified from accumulated other comprehensive income (loss)
Total before tax	2,715	1,141	5,566	2,334
Tax effect	-1,065	-447	-2,183	-915
Net of tax	1,650	694	3,383	1,419
Net other comprehensive income (loss)	1,389	47	3,086	-48
End of period	($8,785)	($12,231)	($8,785)	($12,231)

Facility_Exit_Costs_Details_Te

Facility Exit Costs: (Details Textual) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Restructuring Charges [Abstract]
Business exit costs	$0.50	$0.40	$1.80	$0.50
Decrease in restructuring reserve	($2.40)		($2.40)
Future lease payments latest lease expiring period			2026

Facility_Exit_Costs_Details

Facility Exit Costs: (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Restructuring Charges [Abstract]
Balance as of June 30, 2014	$13,366
Facility exit costs accrued, net	-551
Cash payments	-3,556
Other	-164
Balance as of December 31, 2014	9,095
Current portion of facility exit charge liability	-5,868
Long-term facility exit charge liability	$3,227

Related_Party_Transactions_Det

Related Party Transactions: (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2014
Related Party Transactions [Abstract]
Management fees and expenses	$400,000	$400,000	$900,000	$900,000
Purchases from related parties	2,200,000	1,200,000	3,600,000	2,300,000
Due from Related Parties	0		0		0
Due to Related Parties	$300,000		$300,000		$600,000