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Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Dec. 31, 2011	Feb. 03, 2012
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2011
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Trading Symbol	MTRX
Entity Registrant Name	MATRIX SERVICE CO
Entity Central Index Key	0000866273
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		25,719,932

Condensed Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2010
Condensed Consolidated Statements Of Income [Abstract]
Revenues	$ 200,964	$ 175,252	$ 370,285	$ 327,090
Cost of revenues	177,866	155,484	329,094	291,620
Gross profit	23,098	19,768	41,191	35,470
Selling, general and administrative expenses	11,898	11,136	23,381	21,725
Operating income	11,200	8,632	17,810	13,745
Other income (expense):
Interest expense	(166)	(197)	(443)	(367)
Interest income	3	9	6	22
Other	301	83	(375)	110
Income before income tax expense	11,338	8,527	16,998	13,510
Provision for federal, state and foreign income taxes	4,307	3,240	6,458	5,134
Net income	$ 7,031	$ 5,287	$ 10,540	$ 8,376
Basic earnings per common share	$ 0.27	$ 0.20	$ 0.40	$ 0.32
Diluted earnings per common share	$ 0.27	$ 0.20	$ 0.40	$ 0.32
Weighted average common shares outstanding:
Basic	25,819	26,400	26,110	26,372
Diluted	26,111	26,628	26,420	26,584

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2011	Jun. 30, 2011
Assets
Cash and cash equivalents	$ 37,442	$ 59,357
Accounts receivable, less allowances (December 31, 2011-$1,457 and June 30, 2011-$1,428)	115,695	103,483
Costs and estimated earnings in excess of billings on uncompleted contracts	56,530	40,056
Inventories	2,581	2,249
Deferred income taxes	5,672	5,607
Other current assets	3,363	4,798
Total current assets	221,283	215,550
Property, plant and equipment at cost:
Land and buildings	28,355	28,287
Construction equipment	58,133	55,272
Transportation equipment	24,488	21,690
Office equipment and software	15,915	15,442
Construction in progress	1,342	2,465
Property, plant and equipment at cost, gross	128,233	123,156
Accumulated depreciation	(74,138)	(69,845)
Property, plant and equipment at cost, net	54,095	53,311
Goodwill	28,905	29,058
Other intangible assets	6,727	6,953
Other assets	4,588	1,564
Total assets	315,598	306,436
Liabilities and stockholders' equity
Accounts payable	48,814	36,377
Billings on uncompleted contracts in excess of costs and estimated earnings	31,816	35,485
Accrued insurance	7,254	7,514
Accrued wages and benefits	13,331	18,099
Other accrued expenses	5,089	2,701
Total current liabilities	106,304	100,176
Deferred income taxes	5,877	5,789
Acquisition payable	800	800
Total liabilities	112,981	106,765
Commitments and contingencies
Stockholders' equity:
Common stock-$.01 par value; 60,000,000 shares authorized; 27,888,217 shares issued as of December 31, 2011, and June 30, 2011	279	279
Additional paid-in capital	114,913	113,686
Retained earnings	110,771	100,231
Accumulated other comprehensive income	715	1,436
Total stockholders' equity before treasury stock	226,678	215,632
Less: Treasury stock, at cost-2,169,927 shares as of December 31, 2011, and 1,417,539 shares as of June 30, 2011	(24,061)	(15,961)
Total stockholders' equity	202,617	199,671
Total liabilities and stockholders' equity	$ 315,598	$ 306,436

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2011	Jun. 30, 2011
Condensed Consolidated Balance Sheets [Abstract]
Accounts receivable, allowances	$ 1,457	$ 1,428
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	27,888,217	27,888,217
Treasury stock, shares	2,169,927	1,417,539

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Operating activities:
Net income	$ 10,540	$ 8,376
Adjustments to reconcile net income to net cash provided (used) by operating activities:
Depreciation and amortization	5,738	5,523
Deferred income tax	(28)	2,183
Loss (gain) on sale of property, plant and equipment	(43)	15
Allowance for uncollectible accounts	29	301
Stock-based compensation expense	1,735	1,031
Other	(28)	(41)
Changes in operating assets and liabilities increasing (decreasing) cash:
Accounts receivable	(12,241)	(22,923)
Costs and estimated earnings in excess of billings on uncompleted contracts	(16,474)	3,968
Inventories	(332)	1,050
Other assets	(1,561)	1,498
Accounts payable	12,565	(10,425)
Billings on uncompleted contracts in excess of costs and estimated earnings	(3,669)	10,724
Accrued expenses	(2,059)	(3,882)
Net cash used by operating activities	(5,828)	(2,602)
Investing activities:
Acquisition of property, plant and equipment	(6,759)	(4,529)
Proceeds from asset sales	177	84
Net cash used by investing activities	(6,582)	(4,445)
Financing activities:
Issuances of common stock	80	44
Capital lease payments	(182)	(413)
Tax benefit of exercised stock options		25
Payment of debt amendment fees	(573)	(216)
Treasury shares purchased by Employee Stock Purchase Plan	27
Open market purchase of treasury shares	(8,126)
Other treasury share purchases	(439)	(269)
Net cash used by financing activities	(9,213)	(829)
Effect of exchange rate changes on cash	(292)	661
Net decrease in cash and cash equivalents	(21,915)	(7,215)
Cash and cash equivalents, beginning of period	59,357	50,899
Cash and cash equivalents, end of period	37,442	43,684
Supplemental disclosure of cash flow information:
Income taxes	3,640	1,695
Interest	279	281
Non-cash investing and financing activities:
Purchases of property, plant and equipment on account	$ 637	$ 1,501

Condensed Consolidated Statements Of Changes In Stockholders' Equity And Comprehensive Income - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income(Loss) [Member]	Total
Balances at Jun. 30, 2010	$ 279	$ 111,637	$ 81,252	$ (16,078)	$ 495	$ 177,585
Net income			8,376			8,376
Other comprehensive income (loss)					756	756
Comprehensive income						9,132
Exercise of stock options		11	(3)	36		44
Tax effect of exercised stock options and the vesting of deferred shares		(112)				(112)
Issuance of deferred shares		(239)		239
Other treasury share purchases				(269)		(269)
Stock-based compensation expense		1,031				1,031
Balances at Dec. 31, 2010	279	112,328	89,625	(16,072)	1,251	187,411
Balances at Jun. 30, 2011	279	113,686	100,231	(15,961)	1,436	199,671
Net income			10,540			10,540
Other comprehensive income (loss)					(721)	(721)
Comprehensive income						9,819
Exercise of stock options		40		40		80
Tax effect of exercised stock options and the vesting of deferred shares		(150)				(150)
Issuance of deferred shares		(419)		419
Employee Stock Purchase Plan share purchase		21		6		27
Open market purchase of treasury shares				(8,126)		(8,126)
Other treasury share purchases				(439)		(439)
Stock-based compensation expense		1,735				1,735
Balances at Dec. 31, 2011	$ 279	$ 114,913	$ 110,771	$ (24,061)	$ 715	$ 202,617

Condensed Consolidated Statements Of Changes In Stockholders' Equity And Comprehensive Income (Parenthetical) - shares	6 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Condensed Consolidated Statements Of Changes In Stockholders' Equity And Comprehensive Income [Abstract]
Exercise of stock options	15,400	12,900
Issuance of deferred shares	161,222	91,749
Employee stock purchase plans, shares	2,636
Treasury share purchases	886,503
Other treasury shares	45,143	27,715

- Definition

Number of shares issued during the period as a result of an employee stock purchase plan.

+ References + Details

Basis Of Presentation	6 Months Ended
Basis Of Presentation	Dec. 31, 2011
Basis Of Presentation [Abstract]
Basis Of Presentation	Note 1 – Basis of Presentation The condensed consolidated financial statements include the accounts of Matrix Service Company ("Matrix Service", "we", "our", "us", "its" or the "Company") and its subsidiaries, all of which are wholly owned. Intercompany balances and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the Securities and Exchange Commission and do not include all information and footnotes required by generally accepted accounting principles for complete financial statements. However, the information furnished reflects all adjustments, consisting of normal recurring adjustments and other adjustments described herein that are, in the opinion of management, necessary for a fair statement of the results for the interim periods. The accompanying condensed financial statements should be read in conjunction with the audited financial statements for the year ended June 30, 2011, included in the Company's Annual Report on Form 10-K for the year then ended. The Company's business is cyclical due to the scope and timing of projects released by its customer base. Planned maintenance projects at customer facilities are typically scheduled in the spring and the fall when the demand for energy is lower. As a result, quarterly operating results in the Repair and Maintenance Services segment can fluctuate materially. The Construction Services segment typically has a lower level of operating activity during the winter months and early in the calendar year because many of our customers' capital budgets have been spent and new capital budgets have not been finalized. Our business can also be affected by seasonal weather conditions including hurricanes, snowstorms, abnormally low or high temperatures or other inclement weather, which can result in reduced activities. Accordingly, results for any interim period may not necessarily be indicative of future operating results.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Name Statement of Position (SOP)
-Publisher AICPA
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Name FASB Interpretation (FIN)
-Publisher FASB
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
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-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

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-Name Accounting Standards Codification
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-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6359553&loc=d3e288-107754

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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/subtopic&trid=2209116

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Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Recently Issued Statements Of Financial Accounting Standards

6 Months Ended

Dec. 31, 2011

Recently Issued Statements Of Financial Accounting Standards [Abstract]

Recently Issued Statements Of Financial Accounting Standards

Note 2 – Recently Issued Statements of Financial Accounting Standards

Accounting Standards Update 2011-05, Comprehensive Income: Presentation of Comprehensive Income

In June 2011, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2011-05, "Comprehensive Income: Presentation of Comprehensive Income" ("ASU 2011-05"). ASU 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of stockholders' equity. ASU 2011-05 requires that comprehensive income be reported in either a single contiguous statement of comprehensive income which contains two sections, net income and other comprehensive income, or in two separate but consecutive statements. This new guidance is to be applied retrospectively. The provisions of ASU 2011-05 are effective for interim and annual periods beginning after December 15, 2011; therefore, the Company will adopt ASU 2011-05 in the third quarter of fiscal 2012. We do not believe ASU 2011-05 will impact the Company's financial position or results of operations, as it only requires a change in the format of the current presentation.

Accounting Standards Update 2011-09, Disclosures about an Employer's Participation in a Multiemployer Plan

In September 2011, the FASB issued Accounting Standards Update No. 2011-09, Disclosures about an Employer's Participation in a Multiemployer Plan ("ASU 2011-09"). ASU 2011-09 requires employers to make additional separate disclosures for multiemployer pension and other postretirement benefit plans. Additional disclosures include, but are not limited to:

•

the plans in which an employer participates;

•

the level of participation, including the employer's contributions to significant plans;

•

the financial health of significant plans; and

•

the nature of the employer's commitment to the plans.

ASU 2011-09 does not change the current recognition and measurement guidance that requires an employer to recognize its required contribution as a pension or other postretirement benefit cost for the period and to recognize a liability for any contributions due at the reporting date. ASU 2011-09 also does not change the recognition, measurement or disclosure requirements for obligations related to an actual or potential withdrawal from a multiemployer plan. These obligations continue to be accounted for under ASC-450, Contingencies. Under ASC 450, if an obligation due to withdrawal from a multiemployer plan is probable and reasonably estimable, the recognition of a liability and disclosure of the contingency is required. If an obligation due to withdrawal from a multiemployer plan is reasonably possible, disclosure of the contingency is required.

ASU 2011-09 is effective for fiscal years ending after December 15, 2011, with early adoption permitted. The Company is currently gathering the necessary information and will include the required disclosures in its annual report beginning with the annual report for the twelve months ended June 30, 2012. We do not believe ASU 2011-09 will impact the Company's financial position or results of operations, as it is only requiring additional disclosures regarding the Company's participation in multiemployer plans.

Uncompleted Contracts

6 Months Ended

Dec. 31, 2011

Uncompleted Contracts [Abstract]

Uncompleted Contracts

Note 3 – Uncompleted Contracts

Contract terms of the Company's construction contracts generally provide for progress billings based on project milestones. The excess of costs incurred and estimated earnings over amounts billed on uncompleted contracts is reported as a current asset. The excess of amounts billed over costs incurred and estimated earnings recognized on uncompleted contracts is reported as a current liability. Gross and net amounts on uncompleted contracts are as follows:


	December 31, 2011		June 30, 2011
	(in thousands)
Costs incurred and estimated earnings recognized on uncompleted contracts	$	708,504	$	583,334
Billings on uncompleted contracts		683,790		578,763

	$	24,714	$	4,571


Presented as:
Costs and estimated earnings in excess of billings on uncompleted contracts	$	56,530	$	40,056
Billings on uncompleted contracts in excess of costs and estimated earnings		31,816		35,485

	$	24,714	$	4,571

Progress billings in accounts receivable at December 31, 2011 and June 30, 2011 included retentions to be collected within one year of $15.3 million and $13.9 million, respectively. Contract retentions collectible beyond one year totaled $3.1 million at December 31, 2011 and $0.9 million at June 30, 2011.

Intangible Assets Including Goodwill

6 Months Ended

Dec. 31, 2011

Intangible Assets Including Goodwill [Abstract]

Intangible Assets Including Goodwill

Note 4 – Intangible Assets including Goodwill

Goodwill

The changes in the carrying value of goodwill by segment are as follows:


	Construction Services			Repair and Maintenance Services			Total
	(In thousands)
Balance at June 30, 2011
Goodwill	$	33,010		$	21,048		$	54,058
Cumulative impairment loss		(25,000	)		—			(25,000	)

		8,010			21,048			29,058
Translation adjustment		—			(153	)		(153	)

Net balance at December 31, 2011	$	8,010		$	20,895		$	28,905

Other Intangible Assets

Information on the carrying value of other intangible assets is as follows:


		At December 31, 2011
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	6 to 15	$	2,460	$	(502	)	$	1,958
Customer based	1 to 15		2,657		(197	)		2,460
Other	3 to 5		547		(108	)		439

Total amortizing intangibles			5,664		(807	)		4,857
Trade name	Indefinite		1,870		—			1,870

Total intangible assets		$	7,534	$	(807	)	$	6,727


		At June 30, 2011
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Years)	(In thousands)
Intellectual property	6 to 15	$	2,460	$	(418	)	$	2,042
Customer based	1 to 15		2,657		(108	)		2,549
Other	3 to 5		547		(55	)		492

Total amortizing intangibles			5,664		(581	)		5,083
Trade name	Indefinite		1,870		—			1,870

Total intangible assets		$	7,534	$	(581	)	$	6,953

Amortization expense totaled $0.2 million in the first six months of fiscal 2012 and $0.1 million in the same period of fiscal 2011. Amortization expense is expected to be $0.4 million annually in fiscal years 2012 to 2016.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Debt

6 Months Ended

Dec. 31, 2011

Debt [Abstract]

Debt

Note 5 – Debt

On November 7, 2011, the Company entered into the Third Amended and Restated Credit Agreement (the "Credit Agreement"), by and among the Company, JPMorgan Chase Bank, N.A., as Administrative Agent, Lender and Issuing Bank, and the other Lenders party thereto, which replaces the Second Amended and Restated Credit Agreement dated as of November 30, 2006, as amended. The Credit Agreement provides for a five-year senior secured revolving credit facility of $125.0 million, and may be used for working capital, issuance of letters of credit and other lawful corporate purposes.

The Credit Agreement includes the following covenants and borrowing limitations:

•

We are required to maintain a Senior Leverage Ratio, as defined in the agreement, of less than 2.50 to 1.00.

•

We are required to maintain a Fixed Charge Coverage Ratio, as defined in the agreement, greater than or equal to 1.25 to 1.00.

•

Asset dispositions (other than inventory and obsolete or unneeded equipment disposed of in the ordinary course of business) are limited to $15.0 million per 12-month period.

•

Amounts borrowed under the credit facility bear interest at LIBOR or an Alternate Base Rate, plus in each case, an additional margin based on the Senior Leverage Ratio. The Credit Agreement includes additional margin ranges on Alternate Base Rate loans between 0.75% and 1.5% and between 1.75% and 2.5% on LIBOR-based loans.

•

The Credit Agreement also permits us to borrow in Canadian dollars with a sublimit of U.S. $15.0 million. Amounts borrowed in Canadian dollars will bear interest either at the "CDOR Rate," plus an additional margin based on the Senior Leverage Ratio ranging from 1.75% to 2.5%, or at the "Canadian Prime Rate," plus an additional margin based on the Senior Leverage Ratio ranging from 2.25% to 3.0%. The CDOR Rate is equal to the sum of the annual rate of interest which is the rate determined as being the arithmetic average of the quotations of all institutions listed in respect of the relevant CDOR interest period for Canadian Dollar denominated bankers' acceptances, plus 0.1%. The Canadian Prime Rate is equal to the greater of (i) the rate of interest per annum most recently announced or established by JPMorgan Chase Bank, N.A., Toronto Branch as its reference rate in effect on such day for determining interest rates for Canadian Dollar denominated commercial loans in Canada and commonly known as the "prime rate" and (ii) the CDOR Rate plus 1.0%.

•

The Unused Credit Facility Fee is between 0.30% and 0.45% based on the Senior Leverage Ratio.

As noted previously, the Credit Agreement includes a Senior Leverage Ratio covenant which provides that Consolidated Funded Indebtedness may not exceed 2.5 times Consolidated EBITDA, as defined in the agreement, over the previous four quarters. For the four quarters ended December 31, 2011, Consolidated EBITDA was $49.4 million. Accordingly, at December 31, 2011, Consolidated Funded Indebtedness in excess of $123.5 million would have violated the Senior Leverage Ratio covenant.

Availability under the senior credit facility was as follows:


	December 31, 2011		June 30, 2011
	(In thousands)
Senior credit facility	$	125,000	$	75,000
Capacity constraint due to the Senior Leverage Ratio		1,475		—

Capacity under the credit facility		123,525		75,000
Letters of credit issued		7,553		7,484

Availability under the senior credit facility	$	115,972	$	67,516

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Income Taxes	6 Months Ended
Income Taxes	Dec. 31, 2011
Income Taxes [Abstract]
Income Taxes	Note 6 – Income Taxes The Company complies with ASC 740, "Income Taxes". Deferred income taxes are computed using the liability method whereby deferred tax assets and liabilities are recognized based on temporary differences between the financial and tax basis of assets and liabilities using presently enacted tax rates. Valuation allowances are established against deferred tax assets to the extent management believes that it is not probable that the assets will be recovered. The Company provides for income taxes regardless of whether it has received a tax assessment. Taxes are provided when it is considered probable that additional taxes will be due in excess of amounts included in the tax return. The Company continually reviews exposure to additional income taxes due, and as further information is known or events occur, adjustments may be recorded.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
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-Name Accounting Standards Codification
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-Paragraph 9
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

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+ Details

Commitments And Contingencies	6 Months Ended
Commitments And Contingencies	Dec. 31, 2011
Commitments And Contingencies [Abstract]
Commitments And Contingencies	Note 7 – Commitments and Contingencies Insurance Reserves The Company maintains insurance coverage for various aspects of its operations. However, exposure to potential losses is retained through the use of deductibles, coverage limits and self-insured retentions. As of December 31, 2011 and June 30, 2011, the Company recorded insurance reserves totaling $7.3 million and $7.5 million, respectively. These amounts represent our best estimate of our ultimate obligations for asserted claims, insurance premium obligations and claims incurred but not yet reported. Typically our contracts require us to indemnify our customers for injury, damage or loss arising from the performance of our services and provide warranties for materials and workmanship. The Company may also be required to name the customer as an additional insured up to the limits of insurance available, or we may be required to purchase insurance policies or surety bonds for specific customers or provide letters of credit in lieu of bonds to satisfy performance and financial guarantees on some projects. Matrix Service maintains a performance and payment bonding line sufficient to support the business. The Company generally requires its subcontractors to indemnify the Company and the Company's customer and name the Company as an additional insured for activities arising out of the subcontractors' work. We also require certain subcontractors to provide additional insurance policies, including surety bonds in favor of the Company, to secure the subcontractors' work or as required by the subcontract. There can be no assurance that our insurance and the additional insurance coverage provided by our subcontractors will fully protect us against a valid claim or loss under the contracts with our customers. Unapproved Change Orders and Claims Costs and estimated earnings in excess of billings on uncompleted contracts included revenues for claims related to unapproved change orders of $5.6 million and $5.1 million at December 31, 2011 and June 30, 2011, respectively. Generally, collection of amounts related to claims on unapproved change orders is expected within twelve months. However, customers may not pay these amounts until final resolution of related claims, and accordingly, collection of these amounts may extend beyond one year. Acquired Claims Receivable The Company continues to pursue collection of certain claim receivables acquired in connection with the purchase of S.M. Electric Company, Inc. in February 2009. In September 2011, we received $1.5 million as settlement for a portion of these claims. The settlement amount approximated the book value of the receivable; therefore, no gain or loss was recognized. The recorded value at December 31, 2011 of $0.7 million represents the Company's best estimate of the remaining amount to be collected. The remaining claim receivable of $0.7 million and related trade receivables totaling $2.8 million will not be collected until the claim is resolved and will require mediation or litigation for successful recovery. The ultimate amount realized may be significantly different than the recorded amounts resulting in a material adjustment to future earnings. Other The Company and its subsidiaries are named as defendants in various other legal actions. It is the opinion of management that none of the known legal actions will have a material impact on the Company's financial position, results of operations or liquidity.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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-Paragraph 1
-Subparagraph (SX 210.5-02.25)
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+ Details

Other Comprehensive Income

6 Months Ended

Dec. 31, 2011

Other Comprehensive Income [Abstract]

Other Comprehensive Income

Note 8 – Other Comprehensive Income

Other comprehensive income consisted of foreign currency translation adjustments.


	Three Months Ended				Six Months Ended
	December 31, 2011		December 31, 2010		December 31, 2011			December 31, 2010
	(In thousands)
Net income	$	7,031	$	5,287	$	10,540		$	8,376
Other comprehensive income (loss)		238		369		(721	)		756

Comprehensive income	$	7,269	$	5,656	$	9,819		$	9,132

- Definition

The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14-26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Subparagraph (SX 210.3-04)
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

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-Publisher FASB
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+ Details

Earnings Per Common Share

6 Months Ended

Dec. 31, 2011

Earnings Per Common Share [Abstract]

Earnings Per Common Share

Note 9 – Earnings per Common Share

Basic earnings per share ("Basic EPS") is calculated based on the weighted average shares outstanding during the period. Diluted earnings per share ("Diluted EPS") includes the dilutive effect of stock options and nonvested deferred shares.

The computation of basic and diluted earnings per share is as follows:


	Three Months Ended				Six Months Ended
	December 31, 2011		December 31, 2010		December 31, 2011		December 31, 2010
	(In thousands, except per share data)
Basic EPS:
Net income	$	7,031	$	5,287	$	10,540	$	8,376


Weighted average shares outstanding		25,819		26,400		26,110		26,372


Basic EPS	$	0.27	$	0.20	$	0.40	$	0.32


Diluted EPS:
Weighted average shares outstanding – basic		25,819		26,400		26,110		26,372
Dilutive stock options		64		84		76		80
Dilutive nonvested deferred shares		228		144		234		132

Diluted weighted average shares		26,111		26,628		26,420		26,584


Diluted EPS	$	0.27	$	0.20	$	0.40	$	0.32

The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:


	Three Months Ended				Six Months Ended
	December 31, 2011		December 31, 2010		December 31, 2011		December 31, 2010
	(In thousands)
Stock options		242		105		173		106
Nonvested deferred shares		41		54		40		128

Total antidilutive securities		283		159		213		234

Segment Information

6 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

Note 10 – Segment Information

The Company has two reportable segments, the Construction Services segment and the Repair and Maintenance Services segment.

The primary services of our Construction Services segment are aboveground storage tanks for the bulk storage/terminal industry, capital construction for the downstream petroleum industry, specialty construction, and electrical/instrumentation services for various industries. These services, including civil/structural, mechanical, piping, electrical and instrumentation, millwrighting, and fabrication, are provided for projects of varying complexities, schedule durations, and budgets. Our project experience includes renovations, retrofits, modifications and expansions to existing facilities as well as construction of new facilities.

The primary services of our Repair and Maintenance Services segment are aboveground storage tank repair and maintenance services including tank inspection, cleaning and ASME code repairs, planned major and routine maintenance for the downstream petroleum industry and electrical and instrumentation repair and maintenance.

Other consists of capital expenditures that relate to corporate assets as well as the corporate asset balances.

The Company evaluates performance and allocates resources based on operating income. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. Intersegment sales and transfers are recorded at cost; therefore, no intercompany profit or loss is recognized.

Segment assets consist primarily of accounts receivable, costs and estimated earnings in excess of billings on uncompleted contracts, property, plant and equipment, goodwill and other intangible assets.

Results of Operations

(in thousands)


	Construction Services		Repair and Maintenance Services		Other		Total
Three Months Ended December 31, 2011
Gross revenues	$	122,532	$	82,076	$	—	$	204,608
Less: Inter-segment revenues		3,634		10		—		3,644

Consolidated revenues		118,898		82,066		—		200,964
Gross profit		13,598		9,500		—		23,098
Operating income		6,086		5,114		—		11,200
Segment assets		163,654		104,170		47,774		315,598
Capital expenditures		1,543		1,100		1,128		3,771
Depreciation and amortization expense		1,736		1,176		—		2,912

Three Months Ended December 31, 2010
Gross revenues	$	107,886	$	69,855	$	—	$	177,741
Less: Inter-segment revenues		2,282		207		—		2,489

Consolidated revenues		105,604		69,648		—		175,252
Gross profit		12,815		6,953		—		19,768
Operating income		6,144		2,488		—		8,632
Segment assets		141,477		101,964		47,504		290,945
Capital expenditures		1,286		93		891		2,270
Depreciation and amortization expense		1,516		1,209		—		2,725

Six Months Ended December 31, 2011
Gross revenues	$	225,397	$	152,098	$	—	$	377,495
Less: Inter-segment revenues		6,902		308		—		7,210

Consolidated revenues		218,495		151,790		—		370,285
Gross profit		24,469		16,722		—		41,191
Operating income		9,996		7,814		—		17,810
Segment assets		163,654		104,170		47,774		315,598
Capital expenditures		3,329		1,791		1,639		6,759
Depreciation and amortization expense		3,407		2,331		—		5,738

Six Months Ended December 31, 2010
Gross revenues	$	207,506	$	124,286	$	—	$	331,792
Less: Inter-segment revenues		4,388		314		—		4,702

Consolidated revenues		203,118		123,972		—		327,090
Gross profit		24,159		11,311		—		35,470
Operating income		10,923		2,822		—		13,745
Segment assets		141,477		101,964		47,504		290,945
Capital expenditures		2,158		331		2,040		4,529
Depreciation and amortization expense		3,065		2,458		—		5,523

Segment revenue from external customers by market is as follows:


	Construction Services		Repair and Maintenance Services		Total
	(In thousands)
Three Months Ended December 31, 2011
Aboveground Storage Tanks	$	55,090	$	28,435	$	83,525
Downstream Petroleum		33,317		31,267		64,584
Electrical and Instrumentation		24,836		22,364		47,200
Specialty		5,655		—		5,655

Total	$	118,898	$	82,066	$	200,964


Three Months Ended December 31, 2010
Aboveground Storage Tanks	$	49,545	$	21,868	$	71,413
Downstream Petroleum		22,648		28,386		51,034
Electrical and Instrumentation		27,385		19,394		46,779
Specialty		6,026		—		6,026

Total	$	105,604	$	69,648	$	175,252


Six Months Ended December 31, 2011
Aboveground Storage Tanks	$	113,744	$	53,034	$	166,778
Downstream Petroleum		52,938		63,155		116,093
Electrical and Instrumentation		39,875		35,601		75,476
Specialty		11,938		—		11,938

Total	$	218,495	$	151,790	$	370,285


Six Months Ended December 31, 2010
Aboveground Storage Tanks	$	90,325	$	43,100	$	133,425
Downstream Petroleum		43,575		50,792		94,367
Electrical and Instrumentation		57,307		30,080		87,387
Specialty		11,911		—		11,911

Total	$	203,118	$	123,972	$	327,090

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details