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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Total revenues $ 160.4 $ 143.0
Total costs 115.5 102.2
Gross profit 44.9 40.8
Selling, general and administrative expenses 31.5 29.8
Merger and acquisition expenses 1.2 0.0
Research and development expenses 3.9 3.6
Unused office space, restructuring expenses, and other 0.1 0.4
Operating income from continuing operations 8.2 7.0
Other income (expense):    
Interest expense, net (5.5) (5.1)
Other income (expense), net (0.5) 0.3
Total other expense, net (6.0) (4.8)
Income from continuing operations before income taxes 2.2 2.2
Provision (benefit) for income taxes from continuing operations (1.5) 0.9
Income from continuing operations 3.7 1.3
Discontinued operations    
Loss from operations of discontinued component (0.5) (3.9)
Income tax benefit (provision) (0.1) 0.4
Loss from discontinued operations (0.6) (3.5)
Net income (loss) 3.1 (2.2)
Less: Net loss attributable to noncontrolling interest 0.0 0.0
Net income (loss) attributable to Kratos $ 3.1 $ (2.2)
Basic income (loss) per common share attributable to Kratos:    
Net income from continuing operations (in dollars per share) $ 0.04 $ 0.01
Net loss from discontinued operations (in dollars per share) (0.01) (0.03)
Net loss per common share (in dollars per share) 0.03 (0.02)
Diluted income (loss) per common share attributable to Kratos:    
Net income from continuing operations (in dollars per share) 0.03 0.01
Net loss from discontinued operations (in dollars per share) 0.00 (0.03)
Net loss per common share (in dollars per share) $ 0.03 $ (0.02)
Weighted average common shares outstanding:    
Basic (shares) 104.9 103.7
Diluted (shares) 107.8 105.7
Comprehensive Income (Loss)    
Net income (loss) $ 3.1 $ (2.2)
Change in cumulative translation adjustment 0.0 (0.1)
Comprehensive income (loss) 3.1 (2.3)
Less: Comprehensive loss attributable to noncontrolling interest 0.0 0.0
Comprehensive income (loss) attributable to Kratos 3.1 (2.3)
Service revenues    
Total revenues 62.6 46.0
Total costs 42.0 32.9
Product sales    
Total revenues 97.8 97.0
Total costs $ 73.5 $ 69.3