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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 25, 2022
Sep. 26, 2021
Sep. 25, 2022
Sep. 26, 2021
Total revenues $ 228.6 $ 200.6 $ 649.0 $ 599.9
Total costs 173.7 140.0 484.4 436.3
Gross profit 54.9 60.6 164.6 163.6
Selling, general and administrative expenses 48.5 41.8 136.3 117.9
Merger and acquisition expenses 0.2 0.3 0.6 0.6
Research and development expenses 9.6 8.0 28.0 26.2
Restructuring expenses and other 0.2 0.0 6.4 0.2
Operating income (loss) (3.6) 10.5 (6.7) 18.7
Other expense:        
Interest expense, net (4.1) (5.9) (12.9) (17.5)
Loss on extinguishment of debt 0.0 0.0 (13.0) 0.0
Other income (expense), net (1.1) 0.0 (1.0) 0.2
Total other expense, net (5.2) (5.9) (26.9) (17.3)
Income (loss) from continuing operations before income taxes (8.8) 4.6 (33.6) 1.4
Provision (benefit) for income taxes from continuing operations (0.8) 5.7 (4.6) (0.6)
Income (loss) from continuing operations (8.0) (1.1) (29.0) 2.0
Income (loss) from discontinued operations before income taxes 0.0 (1.0) (0.3) (1.4)
Income tax benefit 0.0 0.2 1.0 0.3
Income (loss) from discontinued operations 0.0 (0.8) 0.7 (1.1)
Net income (loss) (8.0) (1.9) (28.3) 0.9
Less: Net income attributable to noncontrolling interest 0.0 0.5 0.3 0.3
Net income (loss) attributable to Kratos $ (8.0) $ (2.4) $ (28.6) $ 0.6
Basic income (loss) per common share attributable to Kratos:        
Income (loss) from continuing operations (in dollars per share) $ (0.06) $ (0.01) $ (0.23) $ 0.01
Income (loss) from discontinued operations (in dollars per share) 0 (0.01) 0 (0.01)
Loss per common share (in dollars per share) (0.06) (0.02) (0.23) 0
Diluted income (loss) per common share attributable to Kratos:        
Income (loss) from continuing operations (in dollars per share) (0.06) (0.01) (0.23) 0.01
Income (loss) from discontinued operations (in dollars per share) 0 (0.01) 0 (0.01)
Loss per common share (in dollars per share) $ (0.06) $ (0.02) $ (0.23) $ 0
Weighted average common shares outstanding:        
Basic (in shares) 127.2 124.9 126.5 124.6
Diluted (in shares) 127.2 124.9 126.5 127.9
Service revenues        
Total revenues $ 88.6 $ 51.6 $ 235.3 $ 166.9
Total costs 65.1 35.5 171.2 119.3
Product sales        
Total revenues 140.0 149.0 413.7 433.0
Total costs $ 108.6 $ 104.5 $ 313.2 $ 317.0