View Filing Data

Net loss from continuing operations per common share

$ (3,552)

$ 47,336

$ (9,766)

$ 41,082

Net income from discontinued operations per common share

^[1]

$ (0.20)

$ (0.19)

$ (0.56)

^[1]

0.00

2.90

0.00

2.93

Net (loss) income per common share

Weighted average number of common shares outstanding:

^[1]

$ (0.20)

$ 2.71

$ (0.56)

$ 2.36

Basic and diluted (in shares)

17,648,000

17,463,000

17,588,000

17,383,000

Product

Sales:

Net sales

$ 13,949

$ 15,189

$ 27,043

$ 28,404

Costs and expenses:

Costs of sales

9,554

12,649

19,190

20,933

Service

Sales:

Net sales

22,977

24,541

46,451

47,702

Costs and expenses:

Costs of sales

$ 14,378

$ 15,379

$ 29,573

$ 30,752

[1]	Earnings per share components for 2019 do not sum due to rounding.

Consolidated Statements of Comprehensive (Loss) Income - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2020

Jun. 30, 2019

Jun. 30, 2020

Jun. 30, 2019

Statement of Comprehensive Income [Abstract]

Other comprehensive (loss) income, net of tax:

$ (3,552)

$ 47,336

$ (9,766)

$ 41,082

Foreign currency translation adjustment

(130)

10,151

(2,610)

11,231

Unrealized gain on derivative instruments, net

Total comprehensive (loss) income

^[1]

(130)

10,154

(2,610)

11,242

$ (3,682)

$ 57,490

$ (12,376)

$ 52,324

[1]	Tax impact was nominal for all periods.

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands

Total

ASC 606 correction (FN 16)

Common Stock

Additional Paid-in Capital

Retained Earnings (Accumulated Deficit)

ASC 606 correction (FN 16)

Accumulated Other Comprehensive Loss

Treasury Stock

Beginning balance (in shares) at Dec. 31, 2018

19,026,000

Beginning balance at Dec. 31, 2018

$ 99,515

$ 1,680

$ 190

$ 139,617

$ (15,397)

$ 1,680

$ (14,731)

$ (10,164)

Beginning balance, treasury stock (in shares) at Dec. 31, 2018

(1,282,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

41,082

11,242

^[1]

11,242

Issuance of common stock under employee stock purchase plan (in shares)

1,907

23,000

Issuance of common stock under employee stock purchase plan

218

Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)

271,000

Exercise of stock options and issuance of restricted stock awards, net of forfeitures

117

$ 3

114

Ending balance (in shares) at Jun. 30, 2019

19,320,000

Ending balance at Jun. 30, 2019

155,761

$ 193

141,856

27,365

(3,489)

$ (10,164)

Ending balance, treasury stock (in shares) at Jun. 30, 2019

(1,282,000)

Beginning balance (in shares) at Mar. 31, 2019

19,134,000

Beginning balance at Mar. 31, 2019

97,203

$ 191

140,790

(19,971)

(13,643)

$ (10,164)

Beginning balance, treasury stock (in shares) at Mar. 31, 2019

(1,282,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

47,336

10,154

^[1]

10,154

Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)

1,033

186,000

Exercise of stock options and issuance of restricted stock awards, net of forfeitures

$ 2

Ending balance (in shares) at Jun. 30, 2019

19,320,000

Ending balance at Jun. 30, 2019

$ 155,761

$ 193

141,856

27,365

(3,489)

$ (10,164)

Ending balance, treasury stock (in shares) at Jun. 30, 2019

(1,282,000)

Beginning balance (in shares) at Dec. 31, 2019

18,001,261

19,399,000

Beginning balance at Dec. 31, 2019

$ 149,989

$ 194

144,485

19,538

(2,767)

$ (11,461)

Beginning balance, treasury stock (in shares) at Dec. 31, 2019

(1,397,438)

(1,397,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

$ (9,766)

(9,766)

(2,610)

^[1]

(2,610)

Issuance of common stock under employee stock purchase plan (in shares)

1,547

20,000

Issuance of common stock under employee stock purchase plan

156

Acquisition of treasury stock (in shares)

(36,000)

Acquisition of treasury stock

(390)

$ (390)

Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)

26,000

Exercise of stock options and issuance of restricted stock awards, net of forfeitures

$ 62

Ending balance (in shares) at Jun. 30, 2020

18,012,527

19,445,000

Ending balance at Jun. 30, 2020

$ 138,988

$ 194

146,250

9,772

(5,377)

$ (11,851)

Ending balance, treasury stock (in shares) at Jun. 30, 2020

(1,432,694)

(1,433,000)

Beginning balance (in shares) at Mar. 31, 2020

19,419,000

Beginning balance at Mar. 31, 2020

$ 141,877

$ 194

145,457

13,324

(5,247)

$ (11,851)

Beginning balance, treasury stock (in shares) at Mar. 31, 2020

(1,433,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

(3,552)

(130)

^[1]

(130)

Exercise of stock options and issuance of restricted stock awards, net of forfeitures (in shares)

742

26,000

Exercise of stock options and issuance of restricted stock awards, net of forfeitures

$ 51

Ending balance (in shares) at Jun. 30, 2020

18,012,527

19,445,000

Ending balance at Jun. 30, 2020

$ 138,988

$ 194

$ 146,250

$ 9,772

$ (5,377)

$ (11,851)

Ending balance, treasury stock (in shares) at Jun. 30, 2020

(1,432,694)

(1,433,000)

[1]	Tax impact was nominal for all periods.

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (9,766)	$ 41,082
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Provision for doubtful accounts	482	(68)
Depreciation and amortization	5,402	6,412
Deferred income taxes	0	26
Loss on disposals of fixed assets	400	117
Gain on sale of Videotel	0	(54,520)
Compensation expense related to stock-based awards and employee stock purchase plan	1,547	1,907
Unrealized currency translation (gain) loss	(950)	746
Changes in operating assets and liabilities:
Accounts receivable	3,739	(1,186)
Inventories	(993)	(1,308)
Prepaid expenses, other current assets, and current contract assets	161	2,055
Other non-current assets and non-current contract assets	(422)	876
Accounts payable	(2,395)	(22)
Contract liabilities and long-term contract liabilities	(460)	(2,803)
Accrued compensation, product warranty and other	365	1,031
Other long-term liabilities	4	(928)
Net cash used in operating activities	(2,886)	(6,583)
Cash flows from investing activities:
Capital expenditures	(7,049)	(6,720)
Cash paid for acquisition of intangible asset	(40)	(37)
Proceeds from sale of fixed assets	6	103
Proceeds from sale of Videotel, net of cash sold	0	88,447
Purchases of marketable securities	(6,091)	(50,032)
Maturities and sales of marketable securities	13,500	0
Net cash provided by investing activities	326	31,761
Cash flows from financing activities:
Repayments of mortgage loan	0	(2,597)
Proceeds from PPP loan	6,927	0
Repayments of term note borrowings	0	(21,938)
Repayments of line of credit borrowings	0	(13,000)
Proceeds from line of credit borrowings	0	10,000
Proceeds from stock options exercised and employee stock purchase plan	207	365
Repurchase of common stock	(390)	0
Payment of finance lease	(312)	(304)
Net cash provided by (used in) financing activities	6,432	(27,474)
Effect of exchange rate changes on cash and cash equivalents	(794)	(448)
Net increase (decrease) in cash and cash equivalents	3,078	(2,744)
Cash and cash equivalents at beginning of period	18,365	18,050
Cash and cash equivalents at end of period	21,443	15,306
Supplemental disclosure of non-cash investing activities:
Changes in accrued other and accounts payable related to property and equipment additions	$ 128	$ 229

Description of Business	6 Months Ended
Description of Business	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business KVH Industries, Inc. (together with its subsidiaries, the Company or KVH) designs, develops, manufactures and markets mobile connectivity products and services for the marine and land markets, and inertial navigation products for both the commercial and defense markets. KVH's reporting segments are as follows: •the mobile connectivity segment and •the inertial navigation segment KVH’s mobile connectivity products enable customers to receive voice and Internet services, and live digital television via satellite services in marine vessels, recreational vehicles, buses and automobiles. KVH sells and leases its mobile connectivity products through an extensive international network of dealers and distributors. KVH also sells and leases products directly to end users. KVH’s mobile connectivity service sales represent primarily sales earned from satellite voice and Internet airtime services. KVH provides, for monthly fixed and usage fees, satellite connectivity services, including broadband Internet, data and VoIP services, to its TracPhone V-series customers. AgilePlans, a mini-VSAT Broadband service offering, is a monthly subscription model providing global connectivity to commercial maritime customers, including hardware, installation, broadband Internet, Voice over Internet Protocol (VoIP), entertainment and training content and global support for a monthly fee with no minimum commitment. KVH offers AgilePlans customers a variety of airtime data plans with varying data speeds and fixed data usage levels with overage charges per megabyte, which is similar to the plans that the Company offers to its other customers. The Company recognizes the monthly subscription fee as service revenue over the service delivery period. The Company retains ownership of the hardware that it provides to AgilePlans customers, who must return the hardware to KVH if they decide to terminate the service. Because KVH does not sell the hardware under AgilePlans, the Company does not recognize any product revenue when the hardware is deployed to an AgilePlans customer. KVH records the cost of the hardware used by AgilePlans customers as revenue-generating assets and depreciates the cost over an estimated useful life of five years. Since the Company is retaining ownership of the hardware, it does not accrue any warranty costs for AgilePlans hardware; however, any maintenance costs on the hardware are expensed in the period these costs are incurred. Mobile connectivity service sales also include the distribution of commercially licensed entertainment, including news, sports, music, and movies to commercial and leisure customers in the maritime, hotel, and retail markets through KVH Media Group. KVH also earns monthly usage fees from third-party satellite connectivity services, including voice, data and Internet services, provided to its Inmarsat and Iridium customers who choose to activate their subscriptions with KVH. Mobile connectivity service sales also include engineering services provided under development contracts, sales from product repairs, and extended warranty sales. On May 13, 2019, the Company and its wholly owned subsidiary, KVH Media Group Limited (KMG), entered into a Share Purchase Agreement (the Purchase Agreement) with Pelican Holdco Limited, an affiliate of Oakley Capital IV Master SCSp, a UK company (together, "Oakley"), pursuant to which KMG sold all of the issued share capital of Super Dragon Limited and Videotel Marine Asia Limited (together referred to as "Videotel") to Oakley for $89,387 in cash, on a cash-free, debt-free basis, subject to a working capital adjustment. Videotel comprised the Company’s maritime training business, which offered video, animation, eLearning computer-based training and interactive distance learning services to the maritime industry. The sale was completed immediately upon execution of definitive agreements. The Company received payment of the initial purchase price pursuant to a loan agreement (the "Bridge Loan") on June 21, 2019. The Bridge Loan was secured by a charge (a type of foreign security interest) over the shares of Super Dragon Limited and Videotel Marine Asia Limited and was further backed by an equity commitment letter from Oakley Capital IV Master SCSp. The Bridge Loan’s interest rate was 5% per year during the period from closing until and including the 15^th business day after the closing and increased to 12% per year during the period after the 15^th business day until the maturity date. In December 2019, the Company finalized the working capital adjustment, which reduced the proceeds from the sale of Videotel to $88,447. The Company does not have any continuing involvement in these operations other than to provide short-term transition services, which are being recorded in other income in continuing operations. The Company determined that the sale met the requirements for reporting as discontinued operations in accordance with Accounting Standards Codification (ASC) 205-20. Please see Note 20 for the discontinued operations disclosures. KVH's inertial navigation products offer precision fiber optic gyro (FOG)-based systems that enable platform and optical stabilization, navigation, pointing and guidance. KVH’s inertial navigation products also include tactical navigation systems that provide uninterrupted access to navigation and pointing information in a variety of military vehicles, including tactical trucks and light armored vehicles. KVH’s inertial navigation products are sold directly to U.S. and foreign governments and government contractors, as well as through an international network of authorized independent sales representatives. In addition, KVH's inertial navigation technology is used in numerous commercial products, such as navigation and positioning systems for various applications including precision mapping, dynamic surveying, autonomous vehicles, train location control and track geometry measurement systems, industrial robotics and optical stabilization. KVH’s inertial navigation service sales include product repairs, engineering services provided under development contracts and extended warranty sales.

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated interim financial statements of KVH Industries, Inc. and its wholly owned subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States of America. The Company has evaluated all subsequent events through the date of this filing. All significant intercompany accounts and transactions have been eliminated in consolidation. The 2019 consolidated interim financial statements reflect the sale of Videotel as discontinued operations. See Notes 1 and 20 for further information on the sale of Videotel. The consolidated interim financial statements have not been audited by the Company’s independent registered public accounting firm and include all adjustments (consisting of only normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the financial condition, results of operations, and cash flows for the periods presented. These consolidated interim financial statements do not include all disclosures associated with annual financial statements and accordingly should be read in conjunction with the Company’s consolidated financial statements and related notes included in the Company’s annual report on Form 10-K for the year ended December 31, 2019 filed on February 28, 2020 with the Securities and Exchange Commission. The results for the three and six months ended June 30, 2020 are not necessarily indicative of operating results for the remainder of the year. Significant Estimates and Assumptions and Other Significant Non-Recurring Transactions The preparation of interim financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the interim financial statements and the reported amounts of sales and expenses during the reporting periods. As described in the Company’s annual report on Form 10-K, the most significant estimates and assumptions by management affect the Company’s revenue recognition, valuation of accounts receivable, valuation of inventory, expected future cash flows including growth rates, discount rates, terminal values and other assumptions and estimates used to evaluate the recoverability of long-lived assets and goodwill, estimated fair values of long-lived assets, including goodwill, amortization methods and periods, certain accrued expenses and other related charges, stock-based compensation, contingent liabilities, forfeitures and key valuation assumptions for its share-based awards, estimated fulfillment costs for warranty obligations, tax reserves and recoverability of the Company’s net deferred tax assets and related valuation allowance, and the valuation of right-of-use assets and lease liabilities. The Company has reviewed these estimates and determined that these remain the most significant estimates for the six months ended June 30, 2020. Although the Company regularly assesses these estimates, actual results could differ materially from these estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances. During the second quarter of 2019, the Company sold Videotel. Please see Notes 1 and 20 for further discussion. During the third quarter of 2019, the Company identified an out-of-period immaterial error related to the implementation and application of ASC 606 with respect to the recognition of revenue associated with sales-type leases, which impacted our June 30, 2019 consolidated interim financial statements. Please see Note 16 for further discussion.

Accounting Standards Issued and Not Yet Adopted	6 Months Ended
Accounting Standards Issued and Not Yet Adopted	Jun. 30, 2020
Significant Accounting Policies [Abstract]
Accounting Standards Issued and Not Yet Adopted	Accounting Standards Issued and Not Yet Adopted ASC Update No. 2016-13, ASC Update No. 2018-19, ASC Update No. 2019-04, ASC Update No. 2019-05, ASC Update No. 2019-10, ASC Update No. 2019-11 and ASC Update No. 2020-02. In June 2016, the FASB issued ASC Update No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The purpose of Update No. 2016-13 is to replace the current incurred loss impairment methodology for financial assets measured at amortized cost with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information, including forecasted information, to develop credit loss estimates. In November 2018, the FASB issued ASC Update No. 2018-19, Codification Improvements: Financial Instruments – Credit Losses (Topic 326). This update introduced an expected credit loss methodology for the impairment of financial assets measured at amortized cost basis. The amendment also clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of receivables arising from operating leases should be accounted for in accordance with Topic 842, Leases. In May 2019, the FASB issued ASC Update No. 2019-04, Codification Improvements: Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815) and Financial Instruments (Topic 825). This update introduced clarifications of the Board’s intent with respect to accrued interest, the transfer between classifications or categories for loans and debt securities, recoveries, reinsurance recoverables, projects of interest rate environments for variable-rate financial instruments, costs to sell when foreclosure is probable, consideration of expected prepayments when determining the effective interest rate, vintage disclosures, and extension and renewal options. In May 2019, the FASB issued ASC Update No. 2019-05, Financial Instruments – Credit Losses (Topic 326): Targeted Transition Relief. The amendments in the update ease the transition for entities adopting ASC Update 2016-13 and increase the comparability of financial statement information. With the exception of held-to-maturity debt securities, the amendments allow entities to irrevocably elect to apply the fair value option to financial instruments that were previously recorded at amortized cost basis within the scope of Subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost. In November 2019, the FASB issued ASC Update No. 2019-10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates. The amendments in this update change some effective dates for certain new accounting standards for certain types of entities. The update amends ASC 326 and ASC 350's effective date for all SEC filers other than smaller reporting companies to be the fiscal years beginning after December 15, 2019, and interim periods therein. The effective date for all other entities, including smaller reporting companies, will be the fiscal years beginning after December 15, 2022, and interim periods therein. The update does not change the effective date of ASC 815 and ASC 842 for public business entities (PBEs), but amends the effective date for all other entities to be the fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. In November 2019, the FASB issued ASC Update No. 2019-11, Codification Improvements: Financial Instruments – Credit Losses (Topic 326). The update is effective for entities that have adopted ASU 2016-13, and the amendments in ASU 2019-11 are effective for fiscal years beginning after December 15, 2019, and interim periods therein. Early adoption is permitted in any interim period after issuance of this update as long as an entity has adopted the amendments in Update 2016-13. The purpose of Update No. 2019-11 is to clarify the scope of the recovery guidance to purchased financial assets with credit deterioration. In February 2020, the FASB issued ASC Update No. 2020-02, Financial Instruments – Credit Losses (Topic 326) and Leases (Topic 842). The purpose of Update No. 2020-02 is to amend SEC paragraphs in the ASC that describe SEC guidance or SEC staff views that the Financial Accounting Standards Board (FASB) includes as a convenience to Codification users. As a current smaller reporting entity, the effective date will be the fiscal years beginning after December 15, 2022. The adoption of Update Nos. 2016-13, 2018-19, 2019-04, 2019-05, 2019-10, 2019-11 and 2020-02 are not expected to have a material impact on the Company's financial position or results of operations. ASC Update No. 2019-12 In December 2019, the FASB issued ASC Update No. 2019-12, Income Taxes (Topic 740). The update is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption is permitted, including adoption in any interim period, for public business entities for periods for which interim financial statements have not yet been issued. The purpose of Update No. 2019-12 is to remove certain exceptions for recognizing deferred taxes for investments and simplify the accounting for income taxes in certain areas, including recognizing deferred taxes for tax goodwill and allocating taxes to members of a consolidated group. It amends the requirements relating to the accounting for "hybrid" tax regimes. Update No. 2019-12 is not expected to have a material impact on the Company's financial position or results of operations. There are no other recent accounting pronouncements issued by the FASB that are expected to have a material impact on the Company's interim financial statements.

Marketable Securities

6 Months Ended

Jun. 30, 2020

Marketable Securities [Abstract]

Marketable Securities

Marketable securities as of June 30, 2020 and December 31, 2019 consisted of the following:


June 30, 2020	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market mutual funds	$	22,498	$	—	$	—	$	22,498


Total marketable securities designated as available-for-sale	$	22,498	$	—	$	—	$	22,498


December 31, 2019	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market mutual funds	$	29,907	$	—	$	—	$	29,907

Total marketable securities designated as available-for-sale	$	29,907	$	—	$	—	$	29,907

Interest income from marketable securities was $14 and $32 during the three months ended June 30, 2020 and 2019, respectively, and $127 and $32 during the six months ended June 30, 2020 and 2019, respectively.

Stockholder's Equity

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement, Noncash Expense [Abstract]

Stockholder's Equity

(a) Stock Equity and Incentive Plan

The Company recognizes stock-based compensation in accordance with the provisions of ASC Topic 718, Compensation-Stock Compensation. Stock-based compensation expense, excluding compensation charges related to our employee stock purchase plan, or the ESPP, was $742 and $1,017 for the three months ended June 30, 2020 and 2019, respectively, and $1,531 and $1,877 for the six months ended June 30, 2020 and 2019, respectively. As of June 30, 2020, there was $2,412 of total unrecognized compensation expense related to stock options, which is expected to be recognized over a weighted-average period of 2.26 years. As of June 30, 2020, there was $2,598 of total unrecognized compensation expense related to restricted stock awards, which is expected to be recognized over a weighted-average period of 2.08 years.

Stock Options

During the three months ended June 30, 2020, 6 stock options were exercised for common stock. Additionally, during the three months ended June 30, 2020, no stock options were granted and 11 stock options expired, were canceled or were forfeited.

During the six months ended June 30, 2020, 6 stock options were exercised for common stock, $51 of which was delivered to the Company as payment for the exercise price and none of which were surrendered for minimum tax withholding obligations. Additionally, during the six months ended June 30, 2020, no stock options were granted and 106 stock options expired, were canceled or were forfeited. The Company has estimated the fair value of each option grant on the date of grant using the Black-Scholes option-pricing model. The weighted average assumptions utilized to determine the fair value of options granted during the six months ended June 30, 2020 and 2019 are as follows:



	Six months ended June 30,
	2020		2019
Risk-free interest rate	0	%	1.93	%
Expected volatility	0	%	36.95	%
Expected life (in years)	0.00		4.27
Dividend yield	0	%	0	%

As of June 30, 2020, there were 1,512 options outstanding with a weighted average exercise price of $9.68 per share and 686 options exercisable with a weighted average exercise price of $9.51 per share.

Restricted Stock

During the three months ended June 30, 2020, 20 shares of restricted stock were granted with a weighted average grant date fair value of $9.09 per share and 0.37 shares of restricted stock were forfeited. Additionally, during the three months ended June 30, 2020, 119 shares of restricted stock vested, of which no shares of common stock were surrendered to the Company as payment by employees in lieu of cash to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock.

During the six months ended June 30, 2020, 20 shares of restricted stock were granted with a weighted average grant date fair value of $9.09 per share and 0.37 shares of restricted stock were forfeited. Additionally, during the six months ended June 30, 2020, 221 shares of restricted stock vested, of which no shares of common stock were surrendered to the Company as payment by employees in lieu of cash to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock.

As of June 30, 2020, there were 297 shares of restricted stock outstanding that were still subject to service-based vesting conditions.

As of June 30, 2020, the Company had no unvested outstanding options and no outstanding shares of restricted stock that were subject to performance-based or market-based vesting conditions.

(b) Employee Stock Purchase Plan

The Company's Amended and Restated 1996 Employee Stock Purchase Plan (ESPP) affords eligible employees the right to purchase common stock, via payroll deductions, through various offering periods at a purchase price equal to 85% of the fair market value of the common stock on the first or last day of the offering period, whichever is lower. During the three and six months ended June 30, 2020, 0 and 20 shares were issued under the ESPP plan, respectively. During the three and six months ended June 30, 2019, 0 and 23 shares were issued under the ESPP plan, respectively. The Company recorded compensation charges related to the ESPP of $0 and $16 for the three months ended June 30, 2020 and 2019, respectively, and $16 and $30 for the six months ended June 30, 2020 and 2019, respectively.

The following table presents stock-based compensation expense, including under the ESPP, in the Company's consolidated statements of operations for the three and six months ended June 30, 2020 and 2019:


	Three months ended June 30,						Six months ended June 30,
	2020		2019		2020		2019
Cost of product sales	$	34	$	61	$	74	$	102

Research and development	137		196		290		368
Sales, marketing and support	139		212		293		394
General and administrative	432		564		890		1,043
	$	742	$	1,033	$	1,547	$	1,907

(d) Accumulated Other Comprehensive Loss (AOCI)

Comprehensive income (loss) includes net income (loss), unrealized gains and losses from foreign currency translation, unrealized gains and losses from available for sale marketable securities and changes in fair value related to interest rate swap derivative instruments, net of tax attributes. The components of the Company’s comprehensive income (loss) and the effect on earnings for the periods presented are detailed in the accompanying consolidated statements of comprehensive income (loss).

The balances for the three months ended June 30, 2020 and 2019 are as follows:


	Foreign Currency Translation		Total Accumulated Other Comprehensive Loss
Balance, March 31, 2020	$	(5,247)	$	(5,247)
Other comprehensive loss	(130)		(130)
Net other comprehensive loss	(130)		(130)
Balance, June 30, 2020	$	(5,377)	$	(5,377)


	Foreign Currency Translation		Interest Rate Swaps		Total Accumulated Other Comprehensive Loss
Balance, March 31, 2019	$	(13,640)	$	(3)	$	(13,643)
Other comprehensive (loss) income before reclassifications	(1,332)		3		(1,329)
Amounts reclassified from AOCI	11,483		—		11,483
Net other comprehensive income	10,151		3		10,154
Balance, June 30, 2019	$	(3,489)	$	—	$	(3,489)

The balances for the six months ended June 30, 2020 and 2019 are as follows:


	Foreign Currency Translation		Total Accumulated Other Comprehensive Loss
Balance, December 31, 2019	$	(2,767)	$	(2,767)
Other comprehensive loss	(2,610)		(2,610)
Net other comprehensive loss	(2,610)		(2,610)
Balance, June 30, 2020	$	(5,377)	$	(5,377)


	Foreign Currency Translation		Interest Rate Swaps		Total Accumulated Other Comprehensive Loss
Balance, December 31, 2018	$	(14,720)	$	(11)	$	(14,731)
Other comprehensive (loss) income before reclassifications	(252)		3		(249)
Amounts reclassified from AOCI	11,483		8		11,491
Net other comprehensive income	11,231		11		11,242
Balance, June 30, 2019	$	(3,489)	$	—	$	(3,489)

For additional information, see Note 4, "Marketable Securities," and Note 17, "Derivative Instruments and Hedging Activities."

Net Loss per Common Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net Loss per Common Share

Basic net loss per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted net loss per share incorporates the dilutive effect of common stock equivalent options, warrants and other convertible securities, if any, as determined with the treasury stock accounting method. For the three and six months ended June 30, 2020, since there was a net loss from continuing operations, the Company excluded all 1,271 and 1,302, respectively, in outstanding stock options and non-vested restricted shares from its diluted loss per share calculation, as inclusion of these securities would have reduced the net loss per share. For the three and six months ended June 30, 2019, since there was a net loss from continuing operations, the Company excluded all 978 and 959, respectively, in outstanding stock options and non-vested restricted shares from its diluted loss per share calculation, as inclusion of these securities would have reduced the net loss per share.

A reconciliation of the basic and diluted weighted average common shares outstanding is as follows:


	Three Months Ended			Six Months Ended
	June 30,			June 30,
	2020	2019	2020	2019
Weighted average common shares outstanding—basic	17,648	17,463	17,588	17,383
Dilutive common shares issuable in connection with stock plans	—	—	—	—
Weighted average common shares outstanding—diluted	17,648	17,463	17,588	17,383

Inventories

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories, net are stated at the lower of cost and net realizable value using the first-in first-out costing method. Inventories as of June 30, 2020 and December 31, 2019 include the costs of material, labor, and factory overhead. Components of inventories consist of the following:


	June 30, 2020		December 31, 2019
Raw materials	$	12,609	$	12,755
Work in process	3,196		3,117
Finished goods	8,649		7,593
	$	24,454	$	23,465

Property and Equipment

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment, net, as of June 30, 2020 and December 31, 2019 consist of the following:


	June 30, 2020		December 31, 2019
Land	$	3,828	$	3,828
Building and improvements	24,210		24,172
Leasehold improvements	501		501
Machinery and equipment	18,635		18,022
Revenue-generating assets	51,910		47,010
Office and computer equipment	14,608		14,054
Motor vehicles	31		31
	113,723		107,618
Less accumulated depreciation	(58,454)		(54,034)
	$	55,269	$	53,584

Depreciation expense was $2,511 and $2,114 for the three months ended June 30, 2020 and 2019, respectively, and $4,913 and $4,207 for the six months ended June 30, 2020 and 2019, respectively.

Certain revenue-generating hardware assets are utilized by the Company in the delivery of the Company's airtime services, media and other content.

Product Warranty

6 Months Ended

Jun. 30, 2020

Product Warranties Disclosures [Abstract]

Product Warranty

The Company’s products carry standard limited warranties that range from one to two years and vary by product. The warranty period begins on the date of retail purchase or lease by the original purchaser. The Company accrues estimated product warranty costs at the time of sale and any additional amounts are recorded when such costs are probable and can be reasonably estimated. Factors that affect the Company’s warranty liability include the number of units sold or leased, historical and anticipated rates of warranty repairs and the cost per repair. Warranty and related costs are reflected within sales, marketing and support in the accompanying consolidated statements of operations. As of June 30, 2020 and December 31, 2019, the Company had accrued product warranty costs of $2,137 and $2,194, respectively.

The following table summarizes product warranty activity during 2020 and 2019:


	Six Months Ended
	June 30,
	2020		2019
Beginning balance	$	2,194	$	1,916
Charges to expense	701		1,169
Costs incurred	(758)		(904)
Ending balance	$	2,137	$	2,181

Debt

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Debt


	June 30, 2020		December 31, 2019
PPP loan	$	6,927	$	—
Total long-term debt	6,927		—
Less amounts classified as current	2,682		—
Long-term debt, excluding current portion	$	4,245	$	—

Paycheck Protection Program Loan

In May 2020, the Company received a $6,927 loan (the PPP Loan) from Bank of America, N.A., under the Paycheck Protection Program, which was established under the Coronavirus Aid, Relief, and Economic Security Act (as modified by the Paycheck Protection Flexibility Act of 2020, the CARES Act) and is administered by the U.S. Small Business Administration. The Company believes it has used the proceeds from the PPP Loan in accordance with the requirements of the CARES Act, primarily for payroll costs and to retain workers.

The term of the PPP Loan is two years from the funding date of the PPP Loan. The interest rate on the PPP Loan is 1.00%. Under the terms of the PPP Loan, interest accrues from the funding date of the PPP Loan but is deferred until the lender determines the amount of loan forgiveness, but the deferral period will end if the Company fails to apply for loan forgiveness within ten months after the loan forgiveness covered period. Principal and interest on the PPP Loan will be payable in monthly installments in accordance with the repayment letter when forgiveness has been determined. The promissory note evidencing the PPP Loan contains various events of default relating to, among other things, insolvency, bankruptcy or the like, payment defaults under the PPP Loan or other loans by the lender, certain defaults under other indebtedness, breach of representations and warranties, the occurrence of a material adverse event, changes in ownership, or breach of other provisions of the promissory note. Upon an event of default, all principal and accrued interest on the PPP Loan and any and all other loans made by the lender to the Company would at the lender’s option become immediately due and payable. The Company agreed that it will not receive any other loan under the Paycheck Protection Program.

Pursuant to the terms of the CARES Act, the Company can apply for and may be granted forgiveness for all or a portion of the PPP Loan, if and to the extent that the Company satisfies all of the requirements applicable to forgiveness of the PPP Loan. Such forgiveness will be determined in part based on the use of PPP Loan proceeds in accordance with the terms of the CARES Act during the 24-week period after loan origination and the maintenance or achievement of certain employee and compensation levels. The Company has not decided whether to apply for forgiveness and can provide no assurance that any portion of the PPP Loan will be forgiven should it seek forgiveness.

Term Note and Line of Credit

Effective October 30, 2018, the Company entered into an amended and restated three-year senior credit facility agreement (the 2018 Credit Agreement) with Bank of America, N.A., as Administrative Agent, and the lenders named from time to time as parties thereto (the 2018 Lenders), for an aggregate amount of up to $42,500, including a term loan (2018 Term Loan) of $22,500 and a reducing revolving credit facility (the 2018 Revolver) of up to $20,000 initially and reducing to $15,000 on December 31, 2019, each to be used for general corporate purposes, including the refinancing of indebtedness under the Company’s then-outstanding senior credit facility agreement.

On May 13, 2019, the Company entered into a consent with Bank of America, N.A., as Administrative Agent, authorizing the Purchase Agreement and Bridge Loan, as discussed in Note 1. On June 27, 2019, the Company used the proceeds of the sale of Videotel to repay in full the then-outstanding balance of $21,375 under the 2018 Term Loan and to repay $13,000 of the then-outstanding balance under the 2018 Revolver. Under the terms of the consent, the 2018 Revolver will remain at $20,000 through the term of the 2018 Credit Agreement. On October 30, 2021, the entire principal balance of any outstanding loans under the 2018 Revolver will be due and payable, together with all accrued and unpaid interest, fees and any other amounts due and payable under the 2018 Credit Agreement. As of June 30, 2020, no amounts were outstanding under the 2018 Revolver.

Borrowings of up to $20,000 under the 2018 Revolver are subject to the satisfaction of various conditions precedent at the time of each borrowing, including the continued accuracy of the Company’s representations and warranties and the absence of any default under the 2018 Credit Agreement. As of June 30, 2020, the Company is not able to draw on these funds due to covenant restrictions.

The 2018 Credit Agreement contains two financial covenants, a maximum Consolidated Leverage Ratio and a minimum Consolidated Fixed Charge Coverage Ratio, each as defined in the 2018 Credit Agreement. The Consolidated Leverage Ratio may not be greater than 2.50:1.00 on December 31, 2019 and declines to 2.00:1.00 on December 31, 2020. The Consolidated Fixed Charge Coverage Ratio may not be less than 1.25:1.00.

On July 30, 2020, the Company amended the senior credit facility to reflect the incurrence of the PPP Loan. Under the amended facility, the principal and interest on the PPP Loan are not included in the maximum Consolidated Leverage Ratio or the minimum Consolidated Fixed Charge Coverage Ratio calculations except as to any portion of the PPP Loan that is not ultimately forgiven.

The 2018 Credit Agreement imposes certain other affirmative and negative covenants, including without limitation covenants with respect to the payment of taxes and other obligations, compliance with laws, performance of material contracts, creation of liens, incurrence of indebtedness, investments, dispositions, fundamental changes, restricted payments, changes in the nature of the Company’s business, transactions with affiliates, corporate and accounting changes, and sale and leaseback arrangements.

Mortgage Loan

The Company previously had a mortgage loan (Mortgage Loan) related to its headquarters facility in Middletown, Rhode Island. On April 1, 2019, on the Mortgage Loan’s original termination date, the Company repaid in full the outstanding balance of $2,551. As discussed in Note 17 to the consolidated interim financial statements, in April 2010 the Company entered into two interest rate swap agreements that were intended to hedge its mortgage interest obligations over the term of the Mortgage Loan by fixing the interest rates specified in the Mortgage Loan to 5.91% for half of the principal amount outstanding as of April 1, 2010 and 6.07% for the remaining half. Both interest rate swap agreements were also settled upon repayment of the Mortgage Loan.

Segment Reporting

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Reporting

The financial results of each segment are based on revenues from external customers, cost of revenue and operating expenses that are directly attributable to the segment and an allocation of costs from shared functions. These shared functions include, but are not limited to, facilities, human resources, information technology, and engineering. Allocations are made based on management’s judgment of the most relevant factors, such as head count, number of customer sites or other operational data that contribute to the shared costs. Certain corporate-level costs have not been allocated as they are not directly attributable to either segment. These costs primarily consist of broad corporate functions, including executive, legal, finance, and costs associated with corporate actions. Segment-level asset information has not been provided as such information is not reviewed by the chief operating decision-maker for purposes of assessing segment performance and allocating resources. There are no inter-segment sales or transactions. As discussed in Note 1, the Company’s Videotel business, which had previously been included in the mobile connectivity segment, has been classified as discontinued operations and therefore excluded from the segment information below.

The Company's performance is impacted by the levels of activity in the marine and land mobile markets and defense sectors, among others. Performance in any particular period could be impacted by the timing of sales to certain large customers.

The mobile connectivity segment primarily manufactures and distributes a comprehensive family of mobile satellite antenna products and services that provide access to television, the Internet and voice services while on the move. Product sales within the mobile connectivity segment accounted for 18% and 22% of the Company's consolidated net sales for the three months ended June 30, 2020 and 2019, respectively, and 18% and 21% of the Company's consolidated net sales for the six months ended June 30, 2020 and 2019, respectively. Sales of mini-VSAT Broadband airtime service accounted for 55% and 48% of the Company's consolidated net sales for the three months ended June 30, 2020 and 2019, respectively, and 54% and 49% of the Company's consolidated net sales for the six months ended June 30, 2020 and 2019, respectively.

The inertial navigation segment manufactures and distributes a portfolio of digital compass and fiber optic gyro (FOG)-based systems that address the rigorous requirements of military and commercial customers and provide reliable, easy-to-use and continuously available navigation and pointing data. The principal product categories in this segment include the FOG-based inertial measurement units (IMUs) for precision guidance, FOGs for tactical navigation as well as pointing and stabilization systems, and digital compasses that provide accurate heading information for demanding applications, security, automation and access control equipment and systems. Sales of FOG-based guidance and navigation systems within the inertial navigation segment accounted for 16% of the Company's consolidated net sales for each of the three months ended June 30, 2020 and 2019, and 15% of the Company's consolidated net sales for each of the six months ended June 30, 2020 and 2019.

No other single product class accounts for 10% or more of the Company's consolidated net sales.

The Company operates in a number of major geographic areas across the globe. The Company generates international net sales, based upon customer location, primarily from customers located in Canada, Europe, Africa, Asia/Pacific, the Middle East, and India. International revenues represented 57% and 51% of the Company's consolidated net sales for the three months ended June 30, 2020 and 2019, respectively, and 58% and 55% of the Company's consolidated net sales for the six months ended June 30, 2020 and 2019, respectively. No individual foreign country represented 10% or more of the Company's consolidated net sales for the three months ended June 30, 2020 or 2019. Sales to Singapore customers represented 10% of the Company's consolidated net sales for the six months ended June 30, 2020. No other individual foreign country represented 10% or more of the Company's consolidated net sales for the six months ended June 30, 2020. No individual foreign country represented 10% or more of the Company's consolidated net sales for the six months ended June 30, 2019.

As of June 30, 2020 and December 31, 2019, the long-lived tangible assets related to the Company’s international subsidiaries were less than 10% of the Company’s long-lived tangible assets and were deemed not material.

Net sales and operating income (loss) for the Company's reporting segments and the Company's loss before income tax expense (benefit) for the three and six months ended June 30, 2020 and 2019 were as follows:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Net sales:
Mobile connectivity	$	29,186	$	31,469	$	58,082	$	60,383
Inertial navigation	7,740		8,261		15,412		15,723
Consolidated net sales	$	36,926	$	39,730	$	73,494	$	76,106

Operating income (loss):
Mobile connectivity	$	584	$	(2,365)	$	(1,715)	$	(3,808)
Inertial navigation	154		(247)		(667)		195
Subtotal	738		(2,612)		(2,382)		(3,613)
Unallocated, net	(4,174)		(4,067)		(8,702)		(9,300)
Loss from operations	(3,436)		(6,679)		(11,084)		(12,913)
Net interest and other income	53		781		1,864		474
Loss from continuing operations before income tax expense (benefit)	$	(3,383)	$	(5,898)	$	(9,220)	$	(12,439)

Depreciation expense and amortization expense for the Company's reporting segments for the three and six months ended June 30, 2020 and 2019 were as follows:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Depreciation expense:
Mobile connectivity	$	2,041	$	1,669	$	3,999	$	3,339
Inertial navigation	323		307		616		594
Unallocated	147		138		298		274
Total consolidated depreciation expense	$	2,511	$	2,114	$	4,913	$	4,207

Amortization expense:
Mobile connectivity	$	241	$	247	$	489	$	495
Inertial navigation	—		—		—		—
Unallocated	—		—		—		—
Total consolidated amortization expense	$	241	$	247	$	489	$	495

Legal Matters	6 Months Ended
Legal Matters	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Legal Matters	Legal Matters From time to time, the Company is involved in litigation incidental to the conduct of its business. In the ordinary course of business, the Company is a party to inquiries, legal proceedings and claims including, from time to time, disagreements with vendors and customers. The Company is not a party to any lawsuit or proceeding that, in management's opinion, is likely to materially harm the Company's business, results of operations, financial condition, or cash flows.

Share Buyback Program	6 Months Ended
Share Buyback Program	Jun. 30, 2020
Disclosure of Repurchase Agreements [Abstract]
Share Buyback Program	Share Buyback Program On November 26, 2008, the Company’s Board of Directors authorized a program to repurchase up to 1,000 shares of the Company’s common stock. The program was superseded on October 4, 2019. On October 4, 2019, the Company's Board of Directors authorized a new share repurchase program pursuant to which the Company may purchase up to 1,000 shares of the Company’s common stock. The repurchase program is expected to be funded using the Company’s existing cash, cash equivalents, marketable securities and future cash flows. Under the repurchase program, the Company, at management’s discretion, may repurchase shares on the open market from time to time, in privately negotiated transactions or block transactions, or through an accelerated repurchase agreement. The timing of such repurchases depends on availability of shares, price, market conditions, alternative uses of capital, and applicable regulatory requirements. The program may be modified, suspended or terminated at any time without prior notice. The repurchase program has a duration of one year. Under the Company's 2018 Credit Agreement, the Company may not repurchase more than $5,000 of shares before October 31, 2021 without appropriate consent. During the three months ended June 30, 2020, no shares of common stock were repurchased in open market transactions. During the six months ended June 30, 2020, the Company repurchased 36 shares of common stock in open market transactions at a cost of approximately $390. The total amount the Company repurchased on the open market since the inception of the October 4, 2019 repurchase program was 151 shares of common stock for an approximate cost of $1,690. Except as noted above, there were no other repurchase programs outstanding.

Fair Value Measurements

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Fair Value Measurements

ASC Topic 820, Fair Value Measurements and Disclosures (ASC 820), provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value:

Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company’s Level 1 assets are investments in money market mutual funds.

Level 2: Quoted prices for similar assets or liabilities in active markets; or observable prices that are based on observable market data, based on directly or indirectly market-corroborated inputs. The Company has no Level 2 assets or liabilities.

Level 3: Unobservable inputs that are supported by little or no market activity, and are developed based on the best information available given the circumstances. The Company has no Level 3 assets.

Assets and liabilities measured at fair value are based on the valuation techniques identified in the table below.

The following tables present financial assets and liabilities at June 30, 2020 and December 31, 2019 for which the Company measures fair value on a recurring basis, by level, within the fair value hierarchy:


June 30, 2020	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets
Money market mutual funds	$	22,498	$	22,498	$	—	$	—	(a)


December 31, 2019	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets
Money market mutual funds	$	29,907	$	29,907	$	—	$	—	(a)

(a)Market approach—prices and other relevant information generated by market transactions involving identical or comparable assets.

Certain financial instruments are carried at cost on the consolidated balance sheets, which approximates fair value due to their short-term, highly liquid nature. These instruments include cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses. The carrying amount of the Company's operating and financing lease liabilities approximates fair value based on currently available quoted rates of similarly structured borrowings.

Assets Measured and Recorded at Fair Value on a Nonrecurring Basis

The Company's non-financial assets, such as goodwill, intangible assets, and other long-lived assets resulting from business combinations, are measured at fair value using income approach valuation methodologies at the date of acquisition and subsequently re-measured if an impairment exists. There were no impairments of the Company’s non-financial assets noted as of June 30, 2020 or December 31, 2019. The Company does not have any liabilities that are recorded at fair value on a non-recurring basis.

Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill

The following table sets forth the changes in the carrying amount of goodwill for the six months ended June 30, 2020:


	Amounts
Balance at December 31, 2019	$	15,408
Foreign currency translation adjustment	(717)
Balance at June 30, 2020	$	14,691

Intangible Assets

The changes in the carrying amount of intangible assets during the six months ended June 30, 2020 are as follows:


	Amounts
Balance at December 31, 2019	$	4,943
Amortization expense	(489)
Intangible assets acquired in asset acquisition	40

Foreign currency translation adjustment	(299)
Balance at June 30, 2020	$	4,195

Intangible assets arose from an acquisition made prior to 2013 and the acquisition of KVH Media Group (acquired as Headland Media Limited) in May 2013. Intangibles arising from the acquisition made prior to 2013 were amortized on a straight-line basis over an estimated useful life of 7 years. Intangibles arising from the acquisition of KVH Media Group are being amortized on a straight-line basis over the estimated useful life of: (i) 10 years for acquired subscriber relationships and (ii) 15 years for distribution rights. The intangibles arising from the KVH Media Group acquisition were recorded in pounds sterling and fluctuations in exchange rates could cause these amounts to increase or decrease from time to time.

In January 2017, the Company completed the acquisition of certain subscriber relationships from a third party. This acquisition did not meet the definition of a business under ASC 2017-01, Business Combinations (Topic 805)-Clarifying the Definition of a Business, which the Company adopted on October 1, 2016. The Company ascribed $100 of the initial purchase price to the acquired subscriber relationships definite-lived intangible assets with an initial estimated useful life of 10 years. Under the asset purchase agreement, the purchase price includes a component of contingent consideration under which the Company is required to pay a percentage of recurring revenues received from the acquired subscriber relationships through 2026 up to a maximum annual payment of $114. As of June 30, 2020, the carrying value of the intangible assets acquired in the asset acquisition was $311. As the acquisition did not represent a business combination, the contingent consideration arrangement is recognized only when the contingency is resolved and the consideration is paid or becomes payable. The amounts payable under the contingent consideration arrangement, if any, will be included in the measurement of the cost of the acquired subscriber relationships. During the six months ended June 30, 2020, $40 additional consideration was earned under the contingent consideration arrangement.

Acquired intangible assets are subject to amortization. The following table summarizes acquired intangible assets at June 30, 2020 and December 31, 2019, respectively:


	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
June 30, 2020
Subscriber relationships	$	7,751	$	5,587	$	2,164
Distribution rights	4,163		2,132		2,031
Internally developed software	446		446		—
Proprietary content	153		153		—
Intellectual property	2,284		2,284		—

	$	14,797	$	10,602	$	4,195
December 31, 2019
Subscriber relationships	$	7,860	$	5,231	$	2,629
Distribution rights	4,313		1,999		2,314
Internally developed software	446		446		—
Proprietary content	153		153		—
Intellectual property	2,284		2,284		—

	$	15,056	$	10,113	$	4,943

Amortization expense related to intangible assets was $241 and $247 for the three months ended June 30, 2020 and 2019, respectively, and $489 and $495 for the six months ended June 30, 2020 and 2019, respectively. Amortization expense was categorized as general and administrative expense.

As of June 30, 2020, the total weighted average remaining useful lives of the definite-lived intangible assets was 4.1 years and the weighted average remaining useful lives by the definite-lived intangible asset category are as follows:


Intangible Asset			Weighted Average Remaining Useful Life in Years
Subscriber relationships			3.0
Distribution rights			7.8

Estimated future amortization expense remaining at June 30, 2020 for intangible assets acquired was as follows:

Years ending December 31,


Remainder of 2020	$	479
2021	959
2022	959
2023	535
2024	302
Thereafter	961
Total future amortization expense	$	4,195

For definite lived intangible assets, the Company assesses the carrying value of these assets whenever events or circumstances indicate that the carrying value may not be recoverable. Recoverability of assets to be held and used is measured by comparing the carrying amount of an asset, or asset group, to the future undiscounted cash flows expected to be generated by the asset, or asset group. Like most companies, the COVID-19 global pandemic has impacted many areas of our operations and the Company is monitoring the impact of this global crisis carefully. The operations of our KVH Media Group have been particularly impacted due in part to the global reduction in travel resulting from the pandemic. Consequently, the Company has reviewed, and will continue to review, the forecasted revenues and cash flows of our content business for possible indications that the goodwill or other intangible assets associated with this component of our business might be impaired. At this point, our review continues to indicate that no impairment to the carrying value of these assets has occurred. However, it is uncertain how long the global pandemic will continue to disrupt global businesses, particularly travel, and therefore it is possible that the value of these assets may become impaired in the future if the COVID-19 pandemic worsens or continues for a prolonged period. As of June 30, 2020, the carrying value of goodwill and other intangible assets associated with the KVH Media Group was $10,290 and $4,195, respectively.

Revenue from Contracts with Customers (ASC 606)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers (ASC 606)

The adoption of ASC 606 represents a change in accounting principle that was intended to more closely align revenue recognition with the delivery of the Company's products and services and provide enhanced disclosures. In accordance with ASC 606, revenue is recognized when a customer obtains control of promised products and services. The amount of revenue recognized reflects the consideration which the Company expects to be entitled to receive in exchange for these products and services.

During the three months ended September 30, 2019, the Company identified an out-of-period immaterial error related to the implementation and application of ASC 606 with respect to the recognition of revenue associated with sales-type leases. During the implementation of ASC 606 effective January 1, 2018, the Company treated the leased products and services for these contracts as single performance obligations as if they were not distinct in the context of the contract; however, the leased product portion should have continued to have been accounted for under ASC 840 (now ASC 842). In general, the error was to defer recognition of product revenue and associated expenses for sales-type leases rather than to recognize those items upon shipment. The following table reflects these financial statement line items for the three and six months ended June 30, 2019, as reported and as adjusted (in thousands):


	Three Months Ended						Six Months Ended
	June 30, 2019						June 30, 2019
	As reported		As adjusted		As reported		As adjusted
Product sales	$	14,694	$	15,189	$	27,568	$	28,404
Cost of product sales	12,308		12,649		20,161		20,933


Net loss	(3,454)		(3,294)		(9,876)		(9,791)

The Company has evaluated this error and does not believe the amounts are material for the periods impacted.

Disaggregation of Revenue

The following table summarizes net sales from contracts with customers for the three and six months ended June 30, 2020 and 2019:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Mobile connectivity product, transferred at point in time	$	6,080	$	8,074	$	12,066	$	14,996
Mobile connectivity product, transferred over time ^(a)	623		489		1,229		970
Mobile connectivity service	22,483		22,906		44,787		44,417
Inertial navigation product	7,246		6,626		13,748		12,438
Inertial navigation service	494		1,635		1,664		3,285
Total net sales	$	36,926	$	39,730	$	73,494	$	76,106
(a) reflects the correction above

Revenue recognized during the three months ended June 30, 2020 and 2019 from amounts included in contract liabilities at the beginning of the period was $610 and $434, respectively. Revenue recognized during the six months ended June 30, 2020 and 2019 from amounts included in contract liabilities at the beginning of the period was $1,216 and $907, respectively.

For mobile connectivity product sales, the delivery of the Company’s performance obligations, and associated revenue, are generally transferred to the customer at a point in time, with the exception of certain mini-VSAT contracts which are transferred to customers over time. For mobile connectivity service sales, the delivery of the Company’s performance obligations and associated revenue are transferred to the customer over time. For inertial navigation product sales, the delivery of the Company’s performance obligations, and associated revenue, are generally transferred to the customer at a point in time. For inertial navigation service sales, the Company's performance obligations, and associated revenue, are generally transferred to customers over time.

Business and Credit Concentrations

Concentrations of risk with respect to trade accounts receivable are generally limited due to the large number of customers and their dispersion across several geographic areas. Although the Company does not foresee that credit risk associated with these receivables will deviate from historical experience, repayment is dependent upon the financial stability of those individual customers. The Company establishes allowances for potential bad debts and evaluates, on a monthly basis, the adequacy of those reserves based upon historical experience and its expectations for future collectability concerns. The Company performs ongoing credit evaluations of the financial condition of its customers and generally does not require collateral.

No single customer accounted for 10% or more of consolidated net sales for three or six months ended June 30, 2020 or 2019 or accounts receivable at June 30, 2020 or December 31, 2019.

Certain components from third parties used in the Company’s products are procured from single sources of supply. The failure of a supplier, including a subcontractor, to deliver on schedule could delay or interrupt the Company’s delivery of products and thereby materially adversely affect the Company’s revenues and operating results.

Derivative Instruments and Hedging Activities	6 Months Ended
Derivative Instruments and Hedging Activities	Jun. 30, 2020
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging ActivitiesEffective April 1, 2010, in order to reduce the volatility of cash outflows that arise from changes in interest rates, the Company entered into two interest rate swap agreements. These interest rate swap agreements were intended to hedge the Company’s mortgage loan related to its headquarters facility in Middletown, Rhode Island by fixing the interest rates specified in the mortgage loan to 5.9% for half of the principal amount outstanding and 6.1% for the remaining half of the principal amount outstanding as of April 1, 2010 until the mortgage loan expired on April 1, 2019. The Company does not use derivatives for speculative purposes. For a derivative that is designated as a cash flow hedge, changes in the fair value of the derivative are recognized in accumulated other comprehensive (loss) income (AOCI) to the extent the derivative is effective at offsetting the changes in the cash flows being hedged until the hedged item affects earnings. As the Company made the required principal and interest payments under the mortgage loan and the related interest rate swaps were settled, the Company reclassified the amounts recorded in AOCI related to the changes in the fair value of the settled interest rate swaps to earnings. To the extent there was any hedge ineffectiveness, changes in fair value relating to the ineffective portion were immediately recognized in earnings in other income (expense) in the consolidated statements of operations. The interest rate swap was recorded within accrued other liabilities on the balance sheet. The critical terms of the interest rate swaps were designed to mirror the terms of the Company’s mortgage loans. The Company designated these derivatives as cash flow hedges of the variability of the LIBOR-based interest payments on principal over a nine-year period, which ended on April 1, 2019. On April 1, 2019, the two interest rate swaps matured and the Company made its final payment for its mortgage loan thereafter.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate for the three and six months ended June 30, 2020 was (5.0)% and (5.9)%, respectively, compared with 44.2% and 21.3% for the corresponding periods in the prior year, respectively. The effective income tax rate is based on estimated income for the year, the estimated composition of the income in different jurisdictions and discrete adjustments, if any, in the applicable periods, including retroactive changes in tax legislation, settlements of tax audits or assessments, and the resolution or identification of tax position uncertainties. For the three and six months ended June 30, 2020 and the six months ended June 30, 2019, the effective tax rates were lower than the statutory tax rate primarily due to the Company maintaining a valuation allowance reserve on its US deferred tax assets and to the composition of income from foreign jurisdictions taxed at lower rates. For the three months ended June 30, 2019, the effective tax rate was higher than the statutory tax rate primarily due to the Company release of the valuation allowance against the discontinued operations tax expense. As of June 30, 2020 and December 31, 2019, the Company had reserves for uncertain tax positions of $564 and $521, respectively. There were no material changes during the six months ended June 30, 2020 to the Company’s reserve for uncertain tax positions. The Company estimates that it is reasonably possible that the balance of unrecognized tax benefits as of June 30, 2020 may decrease $33 in the next twelve months as a result of a lapse of statutes of limitations and settlements with taxing authorities. The Company’s tax jurisdictions include the United States, the United Kingdom, Denmark, Cyprus, Norway, Brazil, Singapore, Belgium, the Netherlands, Hong Kong, India and Japan. In general, the statute of limitations with respect to the Company's United States federal income taxes has expired for years prior to 2016, and the relevant state and foreign statutes vary. However, preceding years remain open to examination by United States federal and state and foreign taxing authorities to the extent of future utilization of net operating losses and research and development tax credits generated in each preceding year.

Leases

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Leases

The Company has operating leases for office facilities, equipment, and satellite service capacity and related equipment. Lease expense was $991 and $1,267 for the three months ended June 30, 2020 and 2019, respectively, and was $2,253 and $2,532 for the six months ended June 30, 2020 and 2019, respectively. Short-term operating lease costs was $62 and $47 for the three months ended June 30, 2020 and 2019, respectively, and was $123 and $95 for the six months ended June 30, 2020 and 2019, respectively. Sublease income was $33 and $32 for the three months ended June 30, 2020 and 2019, respectively, and was $67 and $66 for the six months ended June 30, 2020 and 2019, respectively. The future minimum lease payments under our operating leases as of June 30, 2020 are:


Remainder of 2020	$	815
2021	1,395
2022	1,300
2023	465
2024 and thereafter	595
Total minimum lease payments	$	4,570

Less amount representing interest	$	(428)
Present value of net minimum operating lease payments	$	4,142
Less current installments of obligation under current-operating lease liabilities	$	1,339
Obligations under long-term operating lease liabilities, excluding current installments	$	2,803

Weighted-average remaining lease term - operating leases (years)	3.46
Weighted-average discount rate - operating leases	5.50		%

During the first quarter of 2018, the Company entered into a five-year financing lease for three satellite hubs for its HTS network. As of June 30, 2020, the gross costs and accumulated amortization associated with this lease are included in revenue generating assets and amounted to $3,068 and $1,065, respectively. Property and equipment under capital leases are stated at the present value of minimum lease payments.

The property and equipment held under this financing lease are amortized on a straight-line basis over the seven-year estimated useful life of the asset, since the lease meets the bargain purchase option criteria. Amortization of assets held under financing leases is included within depreciation expense. Depreciation expense for these capital assets was $109 for both the three months ended June 30, 2020 and 2019 and was $219 for both the six months ended June 30, 2020 and 2019.

The future minimum lease payments under this financing lease as of June 30, 2020 are:


Remainder of 2020	$	312
2021	624
2022	624
2023	45
Total minimum lease payments	$	1,605

Less amount representing interest	$	(14)
Present value of net minimum financing lease payments	$	1,591
Less current installments of obligation under accrued other	$	616
Obligations under other long-term liabilities, excluding current installments	$	975

Weighted-average remaining lease term - finance leases (years)	2.67
Weighted-average discount rate - finance leases	1.53		%

Lessor

The Company enters into leases with certain customers primarily of the TracPhone mini-VSAT systems. These leases are classified as sales-type leases as title of the equipment transfers to the customer at the end of the lease term. The Company records the leases at a price typically equivalent to normal selling price and in excess of the cost or carrying amount. Upon delivery, the Company records the net present value of all payments under these leases as revenue, and the related costs of the product are charged to cost of sales. Interest income is recognized throughout the lease term (typically three to five years) using an implicit interest rate. The sales-type leases do not have unguaranteed residual assets.

The current portion of the net investment in these leases was $4,322 as of June 30, 2020 and the non-current portion of the net investment in these leases was $7,229 as of June 30, 2020. The current portion of the net investment in the leases is included in accounts receivable, net of allowance for doubtful accounts on the accompanying consolidated balance sheets and the non-current portion of the net investment in these leases is included in other non-current assets on the accompanying consolidated balance sheets. Interest income from sales-type leases was $203 and $400 during the three and six months ended June 30, 2020, respectively, and was $163 and $331 during the three and six months ended June 30, 2019.

The future undiscounted cash flows from these leases as of June 30, 2020 are:


Remainder of 2020	$	3,036
2021	3,694
2022	2,776
2023	2,152
2024	1,380
2025	$	206
Total undiscounted cash flows	$	13,244

Present value of lease payments	$	11,551
Difference between undiscounted cash flows and discounted cash flows	$	1,693

Leases


Remainder of 2020	$	815
2021	1,395
2022	1,300
2023	465
2024 and thereafter	595
Total minimum lease payments	$	4,570

Less amount representing interest	$	(428)
Present value of net minimum operating lease payments	$	4,142
Less current installments of obligation under current-operating lease liabilities	$	1,339
Obligations under long-term operating lease liabilities, excluding current installments	$	2,803

Weighted-average remaining lease term - operating leases (years)	3.46
Weighted-average discount rate - operating leases	5.50		%

The future minimum lease payments under this financing lease as of June 30, 2020 are:


Remainder of 2020	$	312
2021	624
2022	624
2023	45
Total minimum lease payments	$	1,605

Less amount representing interest	$	(14)
Present value of net minimum financing lease payments	$	1,591
Less current installments of obligation under accrued other	$	616
Obligations under other long-term liabilities, excluding current installments	$	975

Weighted-average remaining lease term - finance leases (years)	2.67
Weighted-average discount rate - finance leases	1.53		%

Lessor

The future undiscounted cash flows from these leases as of June 30, 2020 are:


Remainder of 2020	$	3,036
2021	3,694
2022	2,776
2023	2,152
2024	1,380
2025	$	206
Total undiscounted cash flows	$	13,244

Present value of lease payments	$	11,551
Difference between undiscounted cash flows and discounted cash flows	$	1,693

Leases


Remainder of 2020	$	815
2021	1,395
2022	1,300
2023	465
2024 and thereafter	595
Total minimum lease payments	$	4,570

Less amount representing interest	$	(428)
Present value of net minimum operating lease payments	$	4,142
Less current installments of obligation under current-operating lease liabilities	$	1,339
Obligations under long-term operating lease liabilities, excluding current installments	$	2,803

Weighted-average remaining lease term - operating leases (years)	3.46
Weighted-average discount rate - operating leases	5.50		%

The future minimum lease payments under this financing lease as of June 30, 2020 are:


Remainder of 2020	$	312
2021	624
2022	624
2023	45
Total minimum lease payments	$	1,605

Less amount representing interest	$	(14)
Present value of net minimum financing lease payments	$	1,591
Less current installments of obligation under accrued other	$	616
Obligations under other long-term liabilities, excluding current installments	$	975

Weighted-average remaining lease term - finance leases (years)	2.67
Weighted-average discount rate - finance leases	1.53		%

Lessor

The future undiscounted cash flows from these leases as of June 30, 2020 are:


Remainder of 2020	$	3,036
2021	3,694
2022	2,776
2023	2,152
2024	1,380
2025	$	206
Total undiscounted cash flows	$	13,244

Present value of lease payments	$	11,551
Difference between undiscounted cash flows and discounted cash flows	$	1,693

Discontinued Operations

6 Months Ended

Jun. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

During the second quarter of 2019, the Company sold its Videotel business. The Company determined that the sale met the requirements for reporting as discontinued operations in accordance with Accounting Standards Codification (ASC) 205-20. Please see Note 1 for further discussion.

The following table presents a reconciliation of the major financial line items constituting the results for discontinued operations to the net income from discontinued operations, net of tax, presented separately in the Company's consolidated statements of operations and comprehensive income (loss):


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Sales:
Service sales	$	—	$	1,832	$	—	$	5,769

Costs, expenses and other expense, net:
Costs of service sales	—		483		—		1,807
Sales, marketing and support	—		437		—		1,606
General and administrative	—		494		—		1,619







Other (expense) income, net	—		(14)		—		(23)
Income from discontinued operations before tax expense	—		404		—		714
Gain on sale of discontinued operations before tax expense	—		54,520		—		54,520
Total income from discontinued operations before tax expense	$	—	$	54,924	$	—	$	55,234
Income tax expense on discontinued operations	—		4,294		—		4,361
Income from discontinued operations, net of taxes	$	—	$	50,630	$	—	$	50,873

Net income from discontinued operations per common share
Basic and diluted	$	—	$	2.90	$	—	$	2.93

Weighted average number of common shares outstanding:
Basic and diluted	17,648		17,463		17,588		17,383

The following table presents supplemental cash flow information of the discontinued operations:


	Six Months Ended
	June 30,
	2020		2019

Cash used in operating activities—discontinued operations	$	—	$	(1,838)


Cash provided by investing activities—discontinued operations	$	—	$	87,986

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated interim financial statements of KVH Industries, Inc. and its wholly owned subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States of America. The Company has evaluated all subsequent events through the date of this filing. All significant intercompany accounts and transactions have been eliminated in consolidation. The 2019 consolidated interim financial statements reflect the sale of Videotel as discontinued operations. See Notes 1 and 20 for further information on the sale of Videotel. The consolidated interim financial statements have not been audited by the Company’s independent registered public accounting firm and include all adjustments (consisting of only normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the financial condition, results of operations, and cash flows for the periods presented. These consolidated interim financial statements do not include all disclosures associated with annual financial statements and accordingly should be read in conjunction with the Company’s consolidated financial statements and related notes included in the Company’s annual report on Form 10-K for the year ended December 31, 2019 filed on February 28, 2020 with the Securities and Exchange Commission. The results for the three and six months ended June 30, 2020 are not necessarily indicative of operating results for the remainder of the year.
Significant Estimates and Assumptions and Other Significant Non-Recurring Transactions	Significant Estimates and Assumptions and Other Significant Non-Recurring Transactions The preparation of interim financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the interim financial statements and the reported amounts of sales and expenses during the reporting periods. As described in the Company’s annual report on Form 10-K, the most significant estimates and assumptions by management affect the Company’s revenue recognition, valuation of accounts receivable, valuation of inventory, expected future cash flows including growth rates, discount rates, terminal values and other assumptions and estimates used to evaluate the recoverability of long-lived assets and goodwill, estimated fair values of long-lived assets, including goodwill, amortization methods and periods, certain accrued expenses and other related charges, stock-based compensation, contingent liabilities, forfeitures and key valuation assumptions for its share-based awards, estimated fulfillment costs for warranty obligations, tax reserves and recoverability of the Company’s net deferred tax assets and related valuation allowance, and the valuation of right-of-use assets and lease liabilities. The Company has reviewed these estimates and determined that these remain the most significant estimates for the six months ended June 30, 2020. Although the Company regularly assesses these estimates, actual results could differ materially from these estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances.
Accounting Standards Issued and Not Yet Adopted	Accounting Standards Issued and Not Yet Adopted ASC Update No. 2016-13, ASC Update No. 2018-19, ASC Update No. 2019-04, ASC Update No. 2019-05, ASC Update No. 2019-10, ASC Update No. 2019-11 and ASC Update No. 2020-02. In June 2016, the FASB issued ASC Update No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The purpose of Update No. 2016-13 is to replace the current incurred loss impairment methodology for financial assets measured at amortized cost with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information, including forecasted information, to develop credit loss estimates. In November 2018, the FASB issued ASC Update No. 2018-19, Codification Improvements: Financial Instruments – Credit Losses (Topic 326). This update introduced an expected credit loss methodology for the impairment of financial assets measured at amortized cost basis. The amendment also clarifies that receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of receivables arising from operating leases should be accounted for in accordance with Topic 842, Leases. In May 2019, the FASB issued ASC Update No. 2019-04, Codification Improvements: Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815) and Financial Instruments (Topic 825). This update introduced clarifications of the Board’s intent with respect to accrued interest, the transfer between classifications or categories for loans and debt securities, recoveries, reinsurance recoverables, projects of interest rate environments for variable-rate financial instruments, costs to sell when foreclosure is probable, consideration of expected prepayments when determining the effective interest rate, vintage disclosures, and extension and renewal options. In May 2019, the FASB issued ASC Update No. 2019-05, Financial Instruments – Credit Losses (Topic 326): Targeted Transition Relief. The amendments in the update ease the transition for entities adopting ASC Update 2016-13 and increase the comparability of financial statement information. With the exception of held-to-maturity debt securities, the amendments allow entities to irrevocably elect to apply the fair value option to financial instruments that were previously recorded at amortized cost basis within the scope of Subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost. In November 2019, the FASB issued ASC Update No. 2019-10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates. The amendments in this update change some effective dates for certain new accounting standards for certain types of entities. The update amends ASC 326 and ASC 350's effective date for all SEC filers other than smaller reporting companies to be the fiscal years beginning after December 15, 2019, and interim periods therein. The effective date for all other entities, including smaller reporting companies, will be the fiscal years beginning after December 15, 2022, and interim periods therein. The update does not change the effective date of ASC 815 and ASC 842 for public business entities (PBEs), but amends the effective date for all other entities to be the fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. In November 2019, the FASB issued ASC Update No. 2019-11, Codification Improvements: Financial Instruments – Credit Losses (Topic 326). The update is effective for entities that have adopted ASU 2016-13, and the amendments in ASU 2019-11 are effective for fiscal years beginning after December 15, 2019, and interim periods therein. Early adoption is permitted in any interim period after issuance of this update as long as an entity has adopted the amendments in Update 2016-13. The purpose of Update No. 2019-11 is to clarify the scope of the recovery guidance to purchased financial assets with credit deterioration. In February 2020, the FASB issued ASC Update No. 2020-02, Financial Instruments – Credit Losses (Topic 326) and Leases (Topic 842). The purpose of Update No. 2020-02 is to amend SEC paragraphs in the ASC that describe SEC guidance or SEC staff views that the Financial Accounting Standards Board (FASB) includes as a convenience to Codification users. As a current smaller reporting entity, the effective date will be the fiscal years beginning after December 15, 2022. The adoption of Update Nos. 2016-13, 2018-19, 2019-04, 2019-05, 2019-10, 2019-11 and 2020-02 are not expected to have a material impact on the Company's financial position or results of operations. ASC Update No. 2019-12 In December 2019, the FASB issued ASC Update No. 2019-12, Income Taxes (Topic 740). The update is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption is permitted, including adoption in any interim period, for public business entities for periods for which interim financial statements have not yet been issued. The purpose of Update No. 2019-12 is to remove certain exceptions for recognizing deferred taxes for investments and simplify the accounting for income taxes in certain areas, including recognizing deferred taxes for tax goodwill and allocating taxes to members of a consolidated group. It amends the requirements relating to the accounting for "hybrid" tax regimes. Update No. 2019-12 is not expected to have a material impact on the Company's financial position or results of operations. There are no other recent accounting pronouncements issued by the FASB that are expected to have a material impact on the Company's interim financial statements.
Share-based Payment Arrangement	The Company recognizes stock-based compensation in accordance with the provisions of ASC Topic 718, Compensation-Stock Compensation.
Fair Value Measurement	ASC Topic 820, Fair Value Measurements and Disclosures (ASC 820), provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company’s Level 1 assets are investments in money market mutual funds. Level 2: Quoted prices for similar assets or liabilities in active markets; or observable prices that are based on observable market data, based on directly or indirectly market-corroborated inputs. The Company has no Level 2 assets or liabilities. Level 3: Unobservable inputs that are supported by little or no market activity, and are developed based on the best information available given the circumstances. The Company has no Level 3 assets. Assets and liabilities measured at fair value are based on the valuation techniques identified in the table below.

Marketable Securities (Tables)

6 Months Ended

Jun. 30, 2020

Marketable Securities [Abstract]

Marketable Securities

Marketable securities as of June 30, 2020 and December 31, 2019 consisted of the following:


June 30, 2020	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market mutual funds	$	22,498	$	—	$	—	$	22,498


Total marketable securities designated as available-for-sale	$	22,498	$	—	$	—	$	22,498


December 31, 2019	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market mutual funds	$	29,907	$	—	$	—	$	29,907

Total marketable securities designated as available-for-sale	$	29,907	$	—	$	—	$	29,907

Stockholder's Equity (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement, Noncash Expense [Abstract]

Schedule of share-based payment award, stock options, valuation assumptions

The weighted average assumptions utilized to determine the fair value of options granted during the six months ended June 30, 2020 and 2019 are as follows:



	Six months ended June 30,
	2020		2019
Risk-free interest rate	0	%	1.93	%
Expected volatility	0	%	36.95	%
Expected life (in years)	0.00		4.27
Dividend yield	0	%	0	%

Schedule of share-based compensation, employee stock purchase plan


	Three months ended June 30,						Six months ended June 30,
	2020		2019		2020		2019
Cost of product sales	$	34	$	61	$	74	$	102

Research and development	137		196		290		368
Sales, marketing and support	139		212		293		394
General and administrative	432		564		890		1,043
	$	742	$	1,033	$	1,547	$	1,907

Schedule of accumulated other comprehensive income (loss)

The balances for the three months ended June 30, 2020 and 2019 are as follows:


	Foreign Currency Translation		Total Accumulated Other Comprehensive Loss
Balance, March 31, 2020	$	(5,247)	$	(5,247)
Other comprehensive loss	(130)		(130)
Net other comprehensive loss	(130)		(130)
Balance, June 30, 2020	$	(5,377)	$	(5,377)


	Foreign Currency Translation		Interest Rate Swaps		Total Accumulated Other Comprehensive Loss
Balance, March 31, 2019	$	(13,640)	$	(3)	$	(13,643)
Other comprehensive (loss) income before reclassifications	(1,332)		3		(1,329)
Amounts reclassified from AOCI	11,483		—		11,483
Net other comprehensive income	10,151		3		10,154
Balance, June 30, 2019	$	(3,489)	$	—	$	(3,489)

The balances for the six months ended June 30, 2020 and 2019 are as follows:


	Foreign Currency Translation		Total Accumulated Other Comprehensive Loss
Balance, December 31, 2019	$	(2,767)	$	(2,767)
Other comprehensive loss	(2,610)		(2,610)
Net other comprehensive loss	(2,610)		(2,610)
Balance, June 30, 2020	$	(5,377)	$	(5,377)


	Foreign Currency Translation		Interest Rate Swaps		Total Accumulated Other Comprehensive Loss
Balance, December 31, 2018	$	(14,720)	$	(11)	$	(14,731)
Other comprehensive (loss) income before reclassifications	(252)		3		(249)
Amounts reclassified from AOCI	11,483		8		11,491
Net other comprehensive income	11,231		11		11,242
Balance, June 30, 2019	$	(3,489)	$	—	$	(3,489)

Net Loss per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of reconciliation of basic and diluted weighted average common shares outstanding

A reconciliation of the basic and diluted weighted average common shares outstanding is as follows:


	Three Months Ended			Six Months Ended
	June 30,			June 30,
	2020	2019	2020	2019
Weighted average common shares outstanding—basic	17,648	17,463	17,588	17,383
Dilutive common shares issuable in connection with stock plans	—	—	—	—
Weighted average common shares outstanding—diluted	17,648	17,463	17,588	17,383

Inventories (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Components of inventories

Components of inventories consist of the following:


	June 30, 2020		December 31, 2019
Raw materials	$	12,609	$	12,755
Work in process	3,196		3,117
Finished goods	8,649		7,593
	$	24,454	$	23,465

Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment, net, as of June 30, 2020 and December 31, 2019 consist of the following:


	June 30, 2020		December 31, 2019
Land	$	3,828	$	3,828
Building and improvements	24,210		24,172
Leasehold improvements	501		501
Machinery and equipment	18,635		18,022
Revenue-generating assets	51,910		47,010
Office and computer equipment	14,608		14,054
Motor vehicles	31		31
	113,723		107,618
Less accumulated depreciation	(58,454)		(54,034)
	$	55,269	$	53,584

Product Warranty (Tables)

6 Months Ended

Jun. 30, 2020

Product Warranties Disclosures [Abstract]

Summary of product warranty activity

The following table summarizes product warranty activity during 2020 and 2019:


	Six Months Ended
	June 30,
	2020		2019
Beginning balance	$	2,194	$	1,916
Charges to expense	701		1,169
Costs incurred	(758)		(904)
Ending balance	$	2,137	$	2,181

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of operations by geographic segment


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Net sales:
Mobile connectivity	$	29,186	$	31,469	$	58,082	$	60,383
Inertial navigation	7,740		8,261		15,412		15,723
Consolidated net sales	$	36,926	$	39,730	$	73,494	$	76,106

Operating income (loss):
Mobile connectivity	$	584	$	(2,365)	$	(1,715)	$	(3,808)
Inertial navigation	154		(247)		(667)		195
Subtotal	738		(2,612)		(2,382)		(3,613)
Unallocated, net	(4,174)		(4,067)		(8,702)		(9,300)
Loss from operations	(3,436)		(6,679)		(11,084)		(12,913)
Net interest and other income	53		781		1,864		474
Loss from continuing operations before income tax expense (benefit)	$	(3,383)	$	(5,898)	$	(9,220)	$	(12,439)

Depreciation expense and amortization expense for the Company's reporting segments for the three and six months ended June 30, 2020 and 2019 were as follows:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Depreciation expense:
Mobile connectivity	$	2,041	$	1,669	$	3,999	$	3,339
Inertial navigation	323		307		616		594
Unallocated	147		138		298		274
Total consolidated depreciation expense	$	2,511	$	2,114	$	4,913	$	4,207

Amortization expense:
Mobile connectivity	$	241	$	247	$	489	$	495
Inertial navigation	—		—		—		—
Unallocated	—		—		—		—
Total consolidated amortization expense	$	241	$	247	$	489	$	495

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of assets measured at fair value on recurring basis


June 30, 2020	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets
Money market mutual funds	$	22,498	$	22,498	$	—	$	—	(a)


December 31, 2019	Total		Level 1		Level 2		Level 3		Valuation Technique
Assets
Money market mutual funds	$	29,907	$	29,907	$	—	$	—	(a)

(a)Market approach—prices and other relevant information generated by market transactions involving identical or comparable assets.

Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table sets forth the changes in the carrying amount of goodwill for the six months ended June 30, 2020:


	Amounts
Balance at December 31, 2019	$	15,408
Foreign currency translation adjustment	(717)
Balance at June 30, 2020	$	14,691

Schedule of finite-lived intangible assets

The changes in the carrying amount of intangible assets during the six months ended June 30, 2020 are as follows:


	Amounts
Balance at December 31, 2019	$	4,943
Amortization expense	(489)
Intangible assets acquired in asset acquisition	40

Foreign currency translation adjustment	(299)
Balance at June 30, 2020	$	4,195

Acquired intangible assets are subject to amortization. The following table summarizes acquired intangible assets at June 30, 2020 and December 31, 2019, respectively:


	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
June 30, 2020
Subscriber relationships	$	7,751	$	5,587	$	2,164
Distribution rights	4,163		2,132		2,031
Internally developed software	446		446		—
Proprietary content	153		153		—
Intellectual property	2,284		2,284		—

	$	14,797	$	10,602	$	4,195
December 31, 2019
Subscriber relationships	$	7,860	$	5,231	$	2,629
Distribution rights	4,313		1,999		2,314
Internally developed software	446		446		—
Proprietary content	153		153		—
Intellectual property	2,284		2,284		—

	$	15,056	$	10,113	$	4,943


Intangible Asset			Weighted Average Remaining Useful Life in Years
Subscriber relationships			3.0
Distribution rights			7.8

Schedule of expected amortization expense

Estimated future amortization expense remaining at June 30, 2020 for intangible assets acquired was as follows:

Years ending December 31,


Remainder of 2020	$	479
2021	959
2022	959
2023	535
2024	302
Thereafter	961
Total future amortization expense	$	4,195

Revenue from Contracts with Customers (ASC 606) (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Financial Statement Line Items as Filed and as Adjusted

The following table reflects these financial statement line items for the three and six months ended June 30, 2019, as reported and as adjusted (in thousands):


	Three Months Ended						Six Months Ended
	June 30, 2019						June 30, 2019
	As reported		As adjusted		As reported		As adjusted
Product sales	$	14,694	$	15,189	$	27,568	$	28,404
Cost of product sales	12,308		12,649		20,161		20,933


Net loss	(3,454)		(3,294)		(9,876)		(9,791)

Net Sales from Contracts with Customers

The following table summarizes net sales from contracts with customers for the three and six months ended June 30, 2020 and 2019:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Mobile connectivity product, transferred at point in time	$	6,080	$	8,074	$	12,066	$	14,996
Mobile connectivity product, transferred over time ^(a)	623		489		1,229		970
Mobile connectivity service	22,483		22,906		44,787		44,417
Inertial navigation product	7,246		6,626		13,748		12,438
Inertial navigation service	494		1,635		1,664		3,285
Total net sales	$	36,926	$	39,730	$	73,494	$	76,106
(a) reflects the correction above

Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Future minimum lease payments under operating leases

The future minimum lease payments under our operating leases as of June 30, 2020 are:


Remainder of 2020	$	815
2021	1,395
2022	1,300
2023	465
2024 and thereafter	595
Total minimum lease payments	$	4,570

Less amount representing interest	$	(428)
Present value of net minimum operating lease payments	$	4,142
Less current installments of obligation under current-operating lease liabilities	$	1,339
Obligations under long-term operating lease liabilities, excluding current installments	$	2,803

Weighted-average remaining lease term - operating leases (years)	3.46
Weighted-average discount rate - operating leases	5.50		%

Future minimum lease payments under finance leases

The future minimum lease payments under this financing lease as of June 30, 2020 are:


Remainder of 2020	$	312
2021	624
2022	624
2023	45
Total minimum lease payments	$	1,605

Less amount representing interest	$	(14)
Present value of net minimum financing lease payments	$	1,591
Less current installments of obligation under accrued other	$	616
Obligations under other long-term liabilities, excluding current installments	$	975

Weighted-average remaining lease term - finance leases (years)	2.67
Weighted-average discount rate - finance leases	1.53		%

Sales-type lease, future undiscounted cash flows

The future undiscounted cash flows from these leases as of June 30, 2020 are:


Remainder of 2020	$	3,036
2021	3,694
2022	2,776
2023	2,152
2024	1,380
2025	$	206
Total undiscounted cash flows	$	13,244

Present value of lease payments	$	11,551
Difference between undiscounted cash flows and discounted cash flows	$	1,693

Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Sales:
Service sales	$	—	$	1,832	$	—	$	5,769

Costs, expenses and other expense, net:
Costs of service sales	—		483		—		1,807
Sales, marketing and support	—		437		—		1,606
General and administrative	—		494		—		1,619







Other (expense) income, net	—		(14)		—		(23)
Income from discontinued operations before tax expense	—		404		—		714
Gain on sale of discontinued operations before tax expense	—		54,520		—		54,520
Total income from discontinued operations before tax expense	$	—	$	54,924	$	—	$	55,234
Income tax expense on discontinued operations	—		4,294		—		4,361
Income from discontinued operations, net of taxes	$	—	$	50,630	$	—	$	50,873

Net income from discontinued operations per common share
Basic and diluted	$	—	$	2.90	$	—	$	2.93

Weighted average number of common shares outstanding:
Basic and diluted	17,648		17,463		17,588		17,383

The following table presents supplemental cash flow information of the discontinued operations:


	Six Months Ended
	June 30,
	2020		2019

Cash used in operating activities—discontinued operations	$	—	$	(1,838)


Cash provided by investing activities—discontinued operations	$	—	$	87,986

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-Section 45
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-URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 205
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760

+ Details

Description of Business Narrative (Details) - USD ($) $ in Thousands		1 Months Ended	6 Months Ended
	May 13, 2019	Dec. 31, 2019	Jun. 30, 2020	Jun. 04, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Leased assets, useful life			5 years
Discontinued Operations, Disposed of by Sale \| Videotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business	$ 89,387	$ 88,447
Oakley \| Bridge Loan
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest rate	5.00%			12.00%

Marketable Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 22,498	$ 29,907
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	22,498	29,907
Money market mutual funds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	22,498	29,907
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	$ 22,498	$ 29,907

Marketable Securities Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Marketable Securities [Abstract]
Interest income, money market deposits	$ 14	$ 32	$ 127	$ 32

Stockholder's Equity Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 742	$ 1,033	$ 1,547	$ 1,907
Stock options issued ESPP (in shares)	0	0	20,000	23,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 742	$ 1,017	$ 1,531	$ 1,877
Unrecognized compensation expense	$ 2,412		$ 2,412
Weighted-average period of recognition			2 years 3 months 3 days
Stock options exercised (in shares)	6,000
Stock options granted (in shares)	0		0
Stock options expired (in shares)	11,000		106,000
Stock options exercised, delivered to company			$ 51
Stock options outstanding (in shares)	1,512,000		1,512,000
Stock options outstanding, weighted average exercise price (in USD per share)	$ 9.68		$ 9.68
Stock options exercisable (in shares)	686,000		686,000
Exercisable stock options, weighted average exercise price (in USD per share)	$ 9.51		$ 9.51
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 2,598		$ 2,598
Weighted-average period of recognition			2 years 29 days
Restricted stock (in shares)	20,000		20,000
Restricted stock, weighted average price (in USD per share)	$ 9.09		$ 9.09
Restricted stock vested (in shares)	119,000		221,000
Restricted stock award, forfeitures, less than (in shares)	370		370
Restricted stock surrendered	0		0
Restricted stock outstanding (in shares)	297,000		297,000
Unvested outstanding options (in shares)	0		0
Performance-Based or Market-Based Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested outstanding options (in shares)	0		0
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 0	$ 16	$ 16	$ 30
ESPP Plan \| Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Company's common stock share price	85.00%		85.00%

Stockholder's Equity Valuation Assumptions (Details) - Stock Options	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.00%	1.93%
Expected volatility	0.00%	36.95%
Expected life (in years)	0 years	4 years 3 months 7 days
Dividend yield	0.00%	0.00%

Stockholder's Equity Schedule of Stock Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 742	$ 1,033	$ 1,547	$ 1,907
Cost of product sales
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	34	61	74	102
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	137	196	290	368
Sales, marketing and support
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	139	212	293	394
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment	$ 432	$ 564	$ 890	$ 1,043

Stockholder's Equity Schedule of AOCI (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2020

Jun. 30, 2019

Jun. 30, 2020

Jun. 30, 2019

$ 141,877

$ 97,203

$ 149,989

$ 99,515

^[1]

(130)

10,154

(2,610)

11,242

Foreign Currency Translation

138,988

155,761

138,988

155,761

Other comprehensive (loss) income before reclassifications

(5,247)

(13,640)

(2,767)

(14,720)

(130)

(1,332)

(2,610)

(252)

Amounts reclassified from AOCI

11,483

(130)

10,151

(2,610)

11,231

(5,377)

(3,489)

(5,377)

(3,489)

Interest Rate Swaps

Other comprehensive (loss) income before reclassifications

(3)

(11)

Amounts reclassified from AOCI

Total Accumulated Other Comprehensive Loss

Other comprehensive (loss) income before reclassifications

(5,247)

(13,643)

(2,767)

(14,731)

(130)

(1,329)

(2,610)

(249)

Amounts reclassified from AOCI

11,483

11,491

(130)

10,154

(2,610)

11,242

Costs, expenses and other expense, net:

$ (5,377)

$ (3,489)

$ (5,377)

$ (3,489)

[1]	Tax impact was nominal for all periods.

Net Loss per Common Share Narrative (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	1,271	978	1,302	959

Net Loss per Common Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Schedule of reconciliation of basic and diluted weighted average common shares outstanding
Weighted average common shares outstanding—basic (in shares)	17,648	17,463	17,588	17,383
Dilutive common shares issuable in connection with stock plans (in shares)	0	0	0	0
Weighted average common shares outstanding—diluted (in shares)	17,648	17,463	17,588	17,383

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Components of inventories
Raw materials	$ 12,609	$ 12,755
Work in process	3,196	3,117
Finished goods	8,649	7,593
Inventories, net	$ 24,454	$ 23,465

Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 113,723	$ 107,618
Less accumulated depreciation	(58,454)	(54,034)
Property and equipment, less accumulated depreciation	55,269	53,584
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,828	3,828
Building and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	24,210	24,172
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	501	501
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	18,635	18,022
Revenue-generating assets
Property, Plant and Equipment [Line Items]
Property and equipment, gross	51,910	47,010
Office and computer equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	14,608	14,054
Motor vehicles
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 31	$ 31

Property and Equipment Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Depreciation	$ 2,511	$ 2,114	$ 4,913	$ 4,207

Product Warranty Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Product Warranty (Textual) [Abstract]
Accrued product warranty costs	$ 2,137	$ 2,194
Minimum
Product Warranty (Textual) [Abstract]
Limited warranty period on product	1 year
Maximum
Product Warranty (Textual) [Abstract]
Limited warranty period on product	2 years

Product Warranty (Details) - USD ($) $ in Thousands	6 Months Ended
Product Warranty (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Summary of product warranty activity
Beginning balance	$ 2,194	$ 1,916
Charges to expense	701	1,169
Costs incurred	(758)	(904)
Ending balance	$ 2,137	$ 2,181

Debt Summary of Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2020	May 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Long-term debt	$ 6,927		$ 0
Less amounts classified as current	2,682		0
Long-term debt, excluding current portion	4,245		0
PPP Loan
Debt Instrument [Line Items]
Long-term debt	$ 6,927	$ 6,927	$ 0

Debt Narrative (Details)			6 Months Ended
Debt Narrative (Details)	Jun. 27, 2019 USD ($)	Oct. 03, 2018	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	May 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Apr. 01, 2019 USD ($)	Oct. 30, 2018 USD ($) covenant	Apr. 30, 2010 contract	Apr. 01, 2010 Contract
Debt Instrument [Line Items]
PPP Loan			$ 6,927,000			$ 0
Repayments of line of credit borrowings			0	$ 13,000,000
Interest Rate Swap
Debt Instrument [Line Items]
Number of interest rate swap agreements									2	2
2018 Term Notes
Debt Instrument [Line Items]
Repayments of long-term debt	$ 21,375,000
PPP Loan
Debt Instrument [Line Items]
PPP Loan			6,927,000		$ 6,927,000	0
Line of Credit \| Senior Credit Facility \| 2018 Term Notes
Debt Instrument [Line Items]
Credit facility term		3 years
Current borrowing capacity								$ 42,500,000
Line of Credit \| Senior Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
PPP Loan			$ 0
Current borrowing capacity	20,000,000							20,000,000
Repayments of line of credit borrowings	$ 13,000,000
Line of Credit \| Senior Credit Facility \| Term Loan
Debt Instrument [Line Items]
Current borrowing capacity						$ 15,000,000		$ 22,500,000
Line of Credit \| Senior Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Number of financial covenants \| covenant								2
Covenant compliance, maximum consolidated fixed charge coverage ratio								1.25
Line of Credit \| Senior Credit Facility \| Line of Credit \| Debt Covenant Period, One
Debt Instrument [Line Items]
Covenant compliance, maximum consolidated leverage ratio								2.50
Line of Credit \| Senior Credit Facility \| Line of Credit \| Debt Covenant Period, Two
Debt Instrument [Line Items]
Covenant compliance, maximum consolidated leverage ratio								2.00
Mortgages \| Mortgage Loan on Headquarters Facility
Debt Instrument [Line Items]
Periodic payment terms, balloon payment to be paid							$ 2,551,000
Mortgages \| Mortgage Loan on Headquarters Facility \| Period One
Debt Instrument [Line Items]
Strike rate									5.91%
Mortgages \| Mortgage Loan on Headquarters Facility \| Period Two
Debt Instrument [Line Items]
Strike rate									6.07%

Segment Reporting Narrative (Details)	3 Months Ended		6 Months Ended
Segment Reporting Narrative (Details)	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Mobile connectivity \| Mobile Comm Product Sales
Segment Reporting Information [Line Items]
Percent of consolidated net sales	18.00%	22.00%	18.00%	21.00%
Mobile connectivity \| VSAT Airtime Service Sales
Segment Reporting Information [Line Items]
Percent of consolidated net sales	55.00%	48.00%	54.00%	49.00%
Inertial navigation \| FOG System Sales
Segment Reporting Information [Line Items]
Percent of consolidated net sales	16.00%	16.00%	15.00%	15.00%
Non-US
Segment Reporting Information [Line Items]
Percent of consolidated net sales	57.00%	51.00%	58.00%	55.00%
SINGAPORE
Segment Reporting Information [Line Items]
Percent of consolidated net sales			10.00%

Segment Reporting Net Sales and Operating Earnings (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Net sales	$ 36,926	$ 39,730	$ 73,494	$ 76,106
Loss from operations	(3,436)	(6,679)	(11,084)	(12,913)
Net interest and other income	53	781	1,864	474
Loss from continuing operations before income tax expense (benefit)	(3,383)	(5,898)	(9,220)	(12,439)
Operating Segments
Segment Reporting Information [Line Items]
Loss from operations	738	(2,612)	(2,382)	(3,613)
Operating Segments \| Mobile connectivity
Segment Reporting Information [Line Items]
Net sales	29,186	31,469	58,082	60,383
Loss from operations	584	(2,365)	(1,715)	(3,808)
Operating Segments \| Inertial navigation
Segment Reporting Information [Line Items]
Net sales	7,740	8,261	15,412	15,723
Loss from operations	154	(247)	(667)	195
Unallocated
Segment Reporting Information [Line Items]
Loss from operations	$ (4,174)	$ (4,067)	$ (8,702)	$ (9,300)

Segment Reporting Deprecation and Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Depreciation	$ 2,511	$ 2,114	$ 4,913	$ 4,207
Amortization expense	241	247	489	495
Operating Segments \| Mobile connectivity
Segment Reporting Information [Line Items]
Depreciation	2,041	1,669	3,999	3,339
Amortization expense	241	247	489	495
Operating Segments \| Inertial navigation
Segment Reporting Information [Line Items]
Depreciation	323	307	616	594
Amortization expense	0	0	0	0
Unallocated
Segment Reporting Information [Line Items]
Depreciation	147	138	298	274
Amortization expense	$ 0	$ 0	$ 0	$ 0

Share Buyback Program Narrative (Details) - USD ($)		3 Months Ended	6 Months Ended
Share Buyback Program Narrative (Details) - USD ($)	Oct. 04, 2019	Jun. 30, 2020	Jun. 30, 2020	Nov. 26, 2008
Disclosure of Repurchase Agreements [Abstract]
Common stock available for repurchase (in shares) (up to)	1,000,000			1,000,000
Share repurchase program	1 year
Stock repurchase program (up to)	$ 5,000,000
Common stock repurchase program (in shares)	151,000	0	36,000
Common stock repurchase cost	$ 1,690,000		$ 390,000

Fair Value Measurements (Details) - Money market mutual funds - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 22,498	$ 29,907
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	22,498	29,907
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 0	$ 0

Goodwill and Intangible Assets Goodwill Changes in Carrying Amount (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 15,408
Foreign currency translation adjustment	(717)
Ending balance	$ 14,691

Goodwill and Intangible Assets Intangible Assets Changes in Carrying Amount (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Finite-lived Intangible Assets [Roll Forward]
Beginning balance			$ 4,943
Amortization expense	$ (241)	$ (247)	(489)	$ (495)
Intangible assets acquired in asset acquisition			40
Foreign currency translation adjustment			(299)
Ending balance	$ 4,195		$ 4,195

Goodwill and Intangible Assets Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2017	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jan. 01, 2017
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired				$ 40,000
Amortization expense		$ 241,000	$ 247,000	489,000	$ 495,000
Goodwill and other intangible asset impairment				0
Goodwill		14,691,000		14,691,000		$ 15,408,000
KVH Media Group
Finite-Lived Intangible Assets [Line Items]
Goodwill		10,290,000		10,290,000
Other intangible assets		$ 4,195,000		$ 4,195,000
Intellectual property
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful lives				7 years
Headland Media Limited \| Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful lives				10 years
Headland Media Limited \| Distribution rights
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful lives				15 years
Q1 2017 Acquisition
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired				$ 311,000
Contingent consideration, value, high							$ 114,000
Q1 2017 Acquisition \| Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful lives	10 years
Finite-lived intangible assets acquired	$ 100,000

Goodwill and Intangible Assets Goodwill and Intangible Assets Assets subject to Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 14,797	$ 15,056
Accumulated Amortization	10,602	10,113
Net Carrying Value	4,195	4,943
Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	7,751	7,860
Accumulated Amortization	5,587	5,231
Net Carrying Value	2,164	2,629
Distribution rights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,163	4,313
Accumulated Amortization	2,132	1,999
Net Carrying Value	2,031	2,314
Internally developed software
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	446	446
Accumulated Amortization	446	446
Net Carrying Value	0	0
Proprietary content
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	153	153
Accumulated Amortization	153	153
Net Carrying Value	0	0
Intellectual property
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,284	2,284
Accumulated Amortization	2,284	2,284
Net Carrying Value	$ 0	$ 0

Goodwill and Intangible Assets Intangible Asset Remaining Useful Life (Details)	6 Months Ended
	Jun. 30, 2020
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives	4 years 1 month 6 days
Subscriber relationships
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives	3 years
Distribution rights
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining useful lives	7 years 9 months 18 days

Goodwill and Intangible Assets Future Amortization Expense Remaining (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2020	$ 479
2021	959
2022	959
2023	535
2024	302
Thereafter	961
Total future amortization expense	$ 4,195

Revenue from Contracts with Customers (ASC 606) Schedule of Financial Statement Line Items as Filed and as Adjusted (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Product sales	$ 36,926	$ 39,730	$ 73,494	$ 76,106
Net loss	(3,552)	(3,294)	(9,766)	(9,791)
Product
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Product sales	13,949	15,189	27,043	28,404
Cost of product sales	$ 9,554	12,649	$ 19,190	20,933
As reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		(3,454)		(9,876)
As reported \| Product
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Product sales		14,694		27,568
Cost of product sales		$ 12,308		$ 20,161

Revenue from Contracts with Customers (ASC 606) Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 36,926	$ 39,730	$ 73,494	$ 76,106
Mobile connectivity product sales \| Mobile connectivity \| Transferred at point in time
Disaggregation of Revenue [Line Items]
Net sales	6,080	8,074	12,066	14,996
Mobile connectivity product sales \| Mobile connectivity \| Transferred over time
Disaggregation of Revenue [Line Items]
Net sales	623	489	1,229	970
Mobile connectivity service \| Mobile connectivity
Disaggregation of Revenue [Line Items]
Net sales	22,483	22,906	44,787	44,417
Inertial navigation product \| Inertial navigation
Disaggregation of Revenue [Line Items]
Net sales	7,246	6,626	13,748	12,438
Inertial navigation service \| Inertial navigation
Disaggregation of Revenue [Line Items]
Net sales	$ 494	$ 1,635	$ 1,664	$ 3,285

Revenue from Contracts with Customers (ASC 606) Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 610	$ 434	$ 1,216	$ 907

Derivative Instruments and Hedging Activities Narrative (Details) - Interest Rate Swap	Apr. 30, 2010 contract	Apr. 01, 2010 Contract
Derivative Instruments and Hedging Activities (Textual) [Abstract]
Number of interest rate swap agreements	2	2
First Half of Mortgage
Derivative Instruments and Hedging Activities (Textual) [Abstract]
Strike rate		5.90%
Second Half of Mortgage
Derivative Instruments and Hedging Activities (Textual) [Abstract]
Strike rate		6.10%

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Effective income tax rate	(5.00%)	44.20%	(5.90%)	21.30%
Liability for uncertain tax positions	$ 564		$ 564		$ 521
Decrease in unrecognized tax benefits is reasonably possible	$ 33		$ 33

Leases Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
Leases Narrative (Details) $ in Thousands	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	Dec. 31, 2019 USD ($)	Mar. 31, 2018 hub
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 991	$ 1,267	$ 2,253	$ 2,532
Short-term lease costs	62	47	123	95
Sublease income	33	32	67	66
Finance lease term						5 years
Number of satellite hubs leased \| hub						3
Finance lease, gross cost	113,723		113,723		$ 107,618
Finance lease, accumulated depreciation	58,454		$ 58,454		$ 54,034
Leased assets, useful life			5 years
Capital asset depreciation expense	109	109	$ 219	219
Net investment in lease, current	4,322		4,322
Net investment in lease, noncurrent	7,229		7,229
Sales-type lease, interest income	203	$ 163	400	$ 331
Assets Held Under Finance Leases
Lessee, Lease, Description [Line Items]
Finance lease, gross cost	3,068		3,068
Finance lease, accumulated depreciation	$ 1,065		$ 1,065
Leased assets, useful life			7 years
Minimum
Lessee, Lease, Description [Line Items]
Sales-type leases, term of contracts	3 years		3 years
Maximum
Lessee, Lease, Description [Line Items]
Sales-type leases, term of contracts	5 years		5 years

Leases Future Minimum Operating Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Remainder of 2020	$ 815
2021	1,395
2022	1,300
2023	465
2024 and thereafter	595
Total minimum lease payments	4,570
Less amount representing interest	(428)
Present value of net minimum operating lease payments	4,142
Less current installments of obligation under current-operating lease liabilities	1,339	$ 2,831
Obligations under long-term operating lease liabilities, excluding current installments	$ 2,803	$ 3,482
Weighted-average remaining lease term - operating leases	3 years 5 months 15 days
Weighted-average discount rate - operating leases	5.50%

Leases Future Minimum Finance Lease Payments (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Leases [Abstract]
Remainder of 2020	$ 312
2021	624
2022	624
2023	45
Total minimum lease payments	1,605
Less amount representing interest	(14)
Present value of net minimum financing lease payments	1,591
Less current installments of obligation under accrued other	616
Obligations under other long-term liabilities, excluding current installments	$ 975
Weighted-average remaining lease term - finance leases	2 years 8 months 1 day
Weighted-average discount rate - finance leases	1.53%

Leases Sales-type Lease Future Undiscounted Cash Flows (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Leases [Abstract]
Remainder of 2020	$ 3,036
2021	3,694
2022	2,776
2023	2,152
2024	1,380
2025	206
Total undiscounted cash flows	13,244
Present value of lease payments	11,551
Difference between undiscounted cash flows and discounted cash flows	$ 1,693

Discontinued Operations Results for Discontinued Operations to the Net Income (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2020

Jun. 30, 2019

Jun. 30, 2020

Jun. 30, 2019

Income from discontinued operations, net of taxes

$ 0

$ 50,630

$ 0

$ 50,873

Net income from discontinued operations per common share

Weighted average number of common shares outstanding:

^[1]

$ 0.00

$ 2.90

$ 0.00

$ 2.93

Basic and diluted (in shares)

17,648,000

17,463,000

17,588,000

17,383,000

Discontinued Operations, Disposed of by Sale

Sales:

Service sales

$ 0

Costs, expenses and other expense, net:

Costs of service sales

Sales, marketing and support

General and administrative

Other (expense) income, net

Income from discontinued operations before tax expense

Gain on sale of discontinued operations before tax expense

$ 54,520

Total income from discontinued operations before tax expense

Income tax expense on discontinued operations

Income from discontinued operations, net of taxes

$ 0

Net income from discontinued operations per common share

Discontinued Operations, Held for Sale

$ 0

Sales:

Service sales

1,832

5,769

Costs, expenses and other expense, net:

Costs of service sales

483

1,807

Sales, marketing and support

437

1,606

General and administrative

494

1,619

Other (expense) income, net

(14)

(23)

Income from discontinued operations before tax expense

404

714

Total income from discontinued operations before tax expense

54,924

55,234

Income tax expense on discontinued operations

4,294

4,361

Income from discontinued operations, net of taxes

$ 50,630

$ 50,873

Net income from discontinued operations per common share