# EDGAR Filing Document

**Accession Number:** 0000927355
**File Stem:** 0000000000-23-000583
**Filing Date:** 2023-1
**Character Count:** 7355
**Document Hash:** 25bc1490df08d0bc2e9b2394934c450a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000583.hdr.sgml**: 20230309

**ACCESSION NUMBER**: 0000000000-23-000583

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230119

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TESSCO TECHNOLOGIES INC
- **CENTRAL INDEX KEY:** 0000927355
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
- **IRS NUMBER:** 520729657
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0326

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 11126 MCCORMICK ROAD
- **CITY:** HUNT VALLEY
- **STATE:** MD
- **ZIP:** 21031
- **BUSINESS PHONE:** 4102291000

**MAIL ADDRESS:**
- **STREET 1:** 11126 MCCORMICK ROAD
- **CITY:** HUNT VALLEY
- **STATE:** MD
- **ZIP:** 2121031

## Text-Extract

```

United States securities and exchange commission logo

                              January 19, 2023

       Aric Spitulnik
       Senior Vice President and Chief Financial Officer
       TESSCO Technologies Inc.
       11126 McCormick Road
       Hunt Valley MD 21031

                                                        Re: TESSCO Technologies
Inc.
                                                            Form 10-K for the
Fiscal Year Ended March 27, 2022
                                                            Filed May 26, 2022
                                                            File No. 001-33938

       Dear Aric Spitulnik:

              We have limited our review of your filing to the financial
statements and related
       disclosures and have the following comment. Our comment ask you to
provide us with
       information so we may better understand your disclosure.

              Please respond to this comment within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comment applies to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to this comment, we may have additional comments.

       Form 10-K for the Fiscal Year Ended March 27, 2022

       Management's Discussion and Analysis of Financial Condition and Results
of Operations
       Liquidity and Capital Resources, page 32

   1.                                                   In regard to your net
cash flows used by operating activities for the years presented, you
                                                        disclose an increase in
accounts receivable and inventory, partially offset by an increase in
                                                        accounts payable and a
decrease in income taxes receivable drove the outflow. However,
                                                        references to these
items may not provide a sufficient basis to understand how operating
                                                        cash actually was
affected between periods. Your discussion should be a comparable
                                                        analysis between
periods that discusses factors that actually affected operating cash and
                                                        the reasons underlying
these factors, particularly in regard to changes in operating assets
                                                        and liabilities for
which the impact on cash is not readily apparent. Refer to the
                                                        introductory paragraph
of section IV.B and paragraph B.1 of Release No. 33-8350 for
                                                        guidance, and section
501.04 of the staff   s Codification of Financial Reporting Releases
                                                        regarding
quantification of variance factors. Please revise your disclosure as
appropriate.
 Aric Spitulnik
TESSCO Technologies Inc.
January 19, 2023
Page 2

       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

       You may contact Patrick Kuhn at (202) 551-3308 or Lyn Shenk at (202)
551-3380 with
any questions.

FirstName LastNameAric Spitulnik                          Sincerely,
Comapany NameTESSCO Technologies Inc.
                                                          Division of
Corporation Finance
January 19, 2023 Page 2                                   Office of Trade &
Services
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 19, 2023

Aric Spitulnik  
Senior Vice President and Chief Financial Officer  
TESSCO Technologies Inc.  
11126 McCormick Road  
Hunt Valley MD 21031

**Re: TESSCO Technologies Inc.**

**Form 10-K for the Fiscal Year Ended March 27, 2022**

**Filed May 26, 2022**

**File No. 001-33938**

Dear Aric Spitulnik:

We have limited our review of your filing to the financial statements and related disclosures and have the following comment. Our comment ask you to provide us with information so we may better understand your disclosure.

Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response.

After reviewing your response to this comment, we may have additional comments.

Form 10-K for the Fiscal Year Ended March 27, 2022

Management's Discussion and Analysis of Financial Condition and Results of Operations Liquidity and Capital Resources, page 32

1. In regard to your net cash flows used by operating activities for the years presented, you disclose an increase in accounts receivable and inventory, partially offset by an increase in accounts payable and a decrease in income taxes receivable drove the outflow. However, references to these items may not provide a sufficient basis to understand how operating cash actually was affected between periods. Your discussion should be a comparable analysis between periods that discusses factors that actually affected operating cash and the reasons underlying these factors, particularly in regard to changes in operating assets and liabilities for which the impact on cash is not readily apparent. Refer to the introductory paragraph of section IV.B and paragraph B.1 of Release No. 33-8350 for guidance, and section 501.04 of the staff’s Codification of Financial Reporting Releases regarding quantification of variance factors. Please revise your disclosure as appropriate.

Aric Spitulnik
TESSCO Technologies Inc.
January 19, 2023
Page 2

In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

You may contact Patrick Kuhn at (202) 551-3308 or Lyn Shenk at (202) 551-3380 with any questions.

Sincerely,

Division of Corporation Finance
Office of Trade & Services