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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 25, 2022
Dec. 26, 2021
Dec. 27, 2020
Total revenues $ 898.3 $ 811.5 $ 747.7
Total costs 672.3 586.4 544.5
Gross profit 226.0 225.1 203.2
Selling, general and administrative expenses 182.5 160.2 144.5
Merger and acquisition related items 0.7 1.8 1.7
Research and development expenses 38.6 35.2 27.0
Restructuring expenses and other 6.8 0.0 0.7
Operating income (loss) (2.6) 27.9 29.3
Other expense:      
Interest expense, net (17.7) (23.4) (22.8)
Loss on extinguishment of debt (13.0) 0.0 0.0
Other income (expense), net 0.6 (0.1) 0.3
Total other expense, net (30.1) (23.5) (22.5)
Income (loss) from continuing operations before income taxes (32.7) 4.4 6.8
Provision (benefit) for income taxes from continuing operations 1.4 3.9 (73.5)
Income (loss) from continuing operations (34.1) 0.5 80.3
Loss from operations of discontinued component (0.3) (2.3) (1.2)
Income tax benefit (1.2) (0.2) (0.3)
Income (loss) from discontinued operations 0.9 (2.1) (0.9)
Net income (loss) (33.2) (1.6) 79.4
Less: Net income (loss) attributable to noncontrolling interest 3.7 0.4 (0.2)
Net income (loss) attributable to Kratos $ (36.9) $ (2.0) $ 79.6
Basic income (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) $ (0.30) $ 0.00 $ 0.70
Income (loss) from discontinued operations (in dollars per share) 0.01 (0.02) (0.01)
Net income (loss) per common share (in dollars per share) (0.29) (0.02) 0.69
Diluted income (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) (0.30) 0.00 0.68
Income (loss) from discontinued operations (in dollars per share) 0.01 (0.02) (0.01)
Net income (loss) per common share (in dollars per share) $ (0.29) $ (0.02) $ 0.67
Weighted average common shares outstanding:      
Basic (in shares) 126.7 124.6 115.5
Diluted (in shares) 126.7 128.0 118.7
Service revenues      
Total revenues $ 325.2 $ 219.4 $ 248.7
Total costs 239.0 156.2 182.5
Product sales      
Total revenues 573.1 592.1 499.0
Total costs $ 433.3 $ 430.2 $ 362.0