Subsequent Events

9 Months Ended

Sep. 30, 2011

Subsequent Events [Abstract]

Subsequent Events

16. Subsequent Events

On August 19, 2011, GTSI sold its 37% equity investment in Eyak Technology, LLC (“EyakTek”) to EyakTek for $20 million. On October 4, 2011, the U.S. Department of Justice issued a press release reporting the indictment of four individuals accused of taking part in a conspiracy involving more than $20 million in over billings, bribes and kick back payments over the past four years in connection with task orders under contracts in which EyakTek was the prime contractor. One of the individuals indicted was an employee of EyakTek. EyakTek was not a named participant in the indictment but received a “show cause” letter from the Suspension and Disbarment Official of the Army related to the two matters described in the indictment. EyakTek believes that a loss related to these matters is probable.

Any potential impact to EyakTek’s financial statements (and whether or not there would be any material corresponding impact on GTSI’s financial statements) for periods prior to August 19, 2011 is unknown at this time. We believe, however, that if prior periods are materially impacted, it would reduce our EyakTek equity income in prior periods and increase our gain on the sale of our EyakTek equity investment but not necessarily by the same amount.