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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 29, 2019
Dec. 30, 2018
Dec. 31, 2017
Total revenues $ 717.5 $ 618.0 $ 603.3
Total costs 527.5 448.3 445.7
Gross profit 190.0 169.7 157.6
Selling, general and administrative expenses 130.8 119.8 127.3
Merger and acquisition related items 2.3 0.0 0.0
Research and development expenses 18.0 15.6 17.8
Impairment of goodwill 0.0 0.0 24.2
Restructuring expenses and other 0.9 3.8 0.3
Operating income (loss) 38.0 30.5 (12.0)
Other income (expense):      
Interest expense, net (21.6) (20.8) (28.6)
Loss on extinguishment of debt 0.0 0.0 (17.3)
Other income (expense), net (0.7) (1.0) 0.8
Total other expense, net (22.3) (21.8) (45.1)
Income (loss) from continuing operations before income taxes 15.7 8.7 (57.1)
Provision (benefit) for income taxes from continuing operations 4.8 4.6 (10.2)
Income (loss) from continuing operations 10.9 4.1 (46.9)
Income (loss) from operations of discontinued component (including gain on disposal of $0.0 million for the year ended December 30, 2018) 1.9 (9.4) 6.3
Income tax expense (benefit) 0.2 (1.8) 2.1
Income (loss) from discontinued operations 1.7 (7.6) 4.2
Net income (loss) 12.6 (3.5) (42.7)
Less: Net income attributable to noncontrolling interest 0.1 0.0 0.0
Net income (loss) attributable to Kratos $ 12.5 $ (3.5) $ (42.7)
Basic income and (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) $ 0.10 $ 0.04 $ (0.52)
Income (loss) from discontinued operations (in dollars per share) 0.02 (0.07) 0.04
Net income (loss) per common share (in dollars per share) 0.12 (0.03) (0.48)
Diluted income and (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) 0.10 0.04 (0.52)
Income (loss) from discontinued operations (in dollars per share) 0.01 (0.07) 0.04
Net income (loss) per common share (in dollars per share) $ 0.11 $ (0.03) $ (0.48)
Weighted average common shares outstanding:      
Basic (in shares) 106.0 103.8 89.5
Diluted (in shares) 109.2 106.1 89.5
Service revenues      
Total revenues $ 272.6 $ 200.7 $ 197.8
Total costs 192.0 137.8 138.6
Product sales      
Total revenues 444.9 417.3 405.5
Total costs $ 335.5 $ 310.5 $ 307.1