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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 27, 2020
Dec. 29, 2019
Dec. 30, 2018
Total revenues $ 747.7 $ 717.5 $ 618.0
Total costs 544.5 527.5 448.3
Gross profit 203.2 190.0 169.7
Selling, general and administrative expenses 144.5 130.8 119.8
Merger and acquisition related items 1.7 2.3 0.0
Research and development expenses 27.0 18.0 15.6
Restructuring expenses and other 0.7 0.9 3.8
Operating income 29.3 38.0 30.5
Other expense:      
Interest expense, net (22.8) (21.6) (20.8)
Other income (expense), net 0.3 (0.7) (1.0)
Total other expense, net (22.5) (22.3) (21.8)
Income from continuing operations before income taxes 6.8 15.7 8.7
Provision (benefit) for income taxes from continuing operations (73.5) 4.8 4.6
Income from continuing operations 80.3 10.9 4.1
Income (loss) from operations of discontinued component (including gain on disposal of $0.0 million for the year ended December 30, 2018) (1.2) 1.9 (9.4)
Income tax expense (benefit) (0.3) 0.2 (1.8)
Income (loss) from discontinued operations (0.9) 1.7 (7.6)
Net income (loss) 79.4 12.6 (3.5)
Less: Net income (loss) attributable to noncontrolling interest (0.2) 0.1 0.0
Net income (loss) attributable to Kratos $ 79.6 $ 12.5 $ (3.5)
Basic income and (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) $ 0.70 $ 0.10 $ 0.04
Income (loss) from discontinued operations (in dollars per share) (0.01) 0.02 (0.07)
Net income (loss) per common share (in dollars per share) 0.69 0.12 (0.03)
Diluted income (loss) per common share attributable to Kratos:      
Income from continuing operations (in dollars per share) 0.68 0.10 0.04
Income (loss) from discontinued operations (in dollars per share) (0.01) 0.01 (0.07)
Net income (loss) per common share (in dollars per share) $ 0.67 $ 0.11 $ (0.03)
Weighted average common shares outstanding:      
Basic (in shares) 115.5 106.0 103.8
Diluted (in shares) 118.7 109.2 106.1
Service revenues      
Total revenues $ 248.7 $ 272.6 $ 200.7
Total costs 182.5 192.0 137.8
Product sales      
Total revenues 499.0 444.9 417.3
Total costs $ 362.0 $ 335.5 $ 310.5