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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 26, 2023
Mar. 27, 2022
Total revenues $ 231.8 $ 196.2
Total costs 172.4 144.3
Gross profit 59.4 51.9
Selling, general and administrative expenses 47.8 43.3
Merger and acquisition expenses 0.0 0.3
Research and development expenses 10.2 9.2
Restructuring expenses and other 0.9 0.3
Operating income (loss) 0.5 (1.2)
Other expense:    
Interest expense, net (5.3) (5.9)
Loss on extinguishment of debt 0.0 (13.0)
Other income (loss), net (0.3) 0.1
Total other expense, net (5.6) (18.8)
Loss from continuing operations before income taxes (5.1) (20.0)
Provision (benefit) for income taxes from continuing operations 0.7 (4.3)
Loss from continuing operations (5.8) (15.7)
Loss from discontinued operations before income taxes 0.0 (0.3)
Income tax benefit 0.0 0.1
Loss from discontinued operations 0.0 (0.2)
Net loss (5.8) (15.9)
Less: Net income attributable to noncontrolling interest 1.2 0.0
Net loss attributable to Kratos $ (7.0) $ (15.9)
Basic loss per common share attributable to Kratos:    
Loss from continuing operations (in dollars per share) $ (0.05) $ (0.12)
Loss from discontinued operations (in dollars per share) 0 0
Loss per common share (in dollars per share) (0.05) (0.12)
Diluted loss per common share attributable to Kratos:    
Loss from continuing operations (in dollars per share) (0.05) (0.12)
Loss from discontinued operations (in dollars per share) 0 0
Loss per common share (in dollars per share) $ (0.05) $ (0.12)
Weighted average common shares outstanding:    
Basic (in shares) 128.1 125.9
Diluted (in shares) 128.1 125.9
Service revenues    
Total revenues $ 91.6 $ 67.9
Total costs 68.2 49.9
Product sales    
Total revenues 140.2 128.3
Total costs $ 104.2 $ 94.4