Quarterly Financial Data (Unaudited)

The following financial information reflects all normal and recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results of the interim periods. Summarized quarterly data for the years ended December 31, 2017 and December 25, 2016, is as follows (in millions, except per share data):



	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Fiscal year 2017
Revenues	$	167.8		$	185.7		$	196.2		$	202.2
Gross profit	45.1			47.4			48.1			56.7
Operating income (loss) from continuing operations	1.7			2.6			3.1			(13.2		)
Provision (benefit) for income taxes	1.5			1.8			0.2			(11.7		)
Loss from continuing operations	(9.9		)	(6.2		)	(4.2		)	(22.3		)
Income (loss) from discontinued operations	(0.1		)	—			(0.1		)	0.1
Net loss	$	(10.0	)	$	(6.2	)	$	(4.3	)	$	(22.2	)
Basic loss per common share:
Loss from continuing operations	$	(0.13	)	$	(0.07	)	$	(0.05	)	$	(0.21	)
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—
Net loss per common share	$	(0.13	)	$	(0.07	)	$	(0.05	)	$	(0.21	)
Diluted loss per common share:
Loss from continuing operations	$	(0.13	)	$	(0.07	)	$	(0.05	)	$	(0.21	)
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—
Net loss per common share	$	(0.13	)	$	(0.07	)	$	(0.05	)	$	(0.21	)

In the fourth quarter of 2017, the Company recorded an impairment of $24.2 million of the carrying value of the goodwill related to its DRSS reporting unit within its KGS reportable segment. The Company also recorded a $15.2 million loss on extinguishment of debt in the fourth quarter of 2017 related to the redemption and extinguishment of the Company’s 7% Notes.



	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Fiscal year 2016
Revenues	$	153.0		$	168.2		$	165.4		$	182.1
Gross profit	35.9			45.2			25.9			46.6
Operating income (loss) from continuing operations	(10.2		)	—			(13.0		)	4.6
Provision for income taxes	3.6			1.8			1.9			0.8
Loss from continuing operations	(22.2		)	(10.3		)	(23.5		)	(4.4		)
Income (loss) from discontinued operations	—			(0.1		)	(0.1		)	0.1
Net loss	$	(22.2	)	$	(10.4	)	$	(23.6	)	$	(4.3	)
Basic loss per common share:
Loss from continuing operations	$	(0.37	)	$	(0.17	)	$	(0.39	)	$	(0.07	)
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—
Net loss per common share	$	(0.37	)	$	(0.17	)	$	(0.39	)	$	(0.07	)
Diluted loss per common share:
Loss from continuing operations	$	(0.37	)	$	(0.17	)	$	(0.39	)	$	(0.07	)
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—
Net loss per common share	$	(0.37	)	$	(0.17	)	$	(0.39	)	$	(0.07	)

In the first, second, third, and fourth quarters of 2016, the Company recorded restructuring charges of $3.0 million, $4.7 million, $0.1 million, and $1.4 million, respectively, related to the closure of one of its facilities for its modular systems business and exit from certain lower margin product lines. In the third quarter of 2016, the Company recorded an $18.7 million loss accrual recorded on the AFRL LCASD cost share contract awarded in July 2016.