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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 25, 2022
Dec. 26, 2021
Total revenues $ 1,037.1 $ 898.3 $ 811.5
Total costs 768.5 672.3 586.4
Gross profit 268.6 226.0 225.1
Selling, general and administrative expenses 197.8 182.5 160.2
Merger and acquisition related items 0.4 0.7 1.8
Research and development expenses 38.4 38.6 35.2
Restructuring expenses and other 0.9 6.8 0.0
Operating income (loss) 31.1 (2.6) 27.9
Other expense:      
Interest expense, net (20.5) (17.7) (23.4)
Loss on extinguishment of debt 0.0 (13.0) 0.0
Other income (expense), net 0.5 0.6 (0.1)
Total other expense, net (20.0) (30.1) (23.5)
Income (loss) from continuing operations before income taxes 11.1 (32.7) 4.4
Provision for income taxes from continuing operations 8.9 1.4 3.9
Income (loss) from continuing operations 2.2 (34.1) 0.5
Loss from operations of discontinued component 0.0 (0.3) (2.3)
Income tax benefit (0.2) (1.2) (0.2)
Income (loss) from discontinued operations 0.2 0.9 (2.1)
Net income (loss) 2.4 (33.2) (1.6)
Less: Net income attributable to noncontrolling interest 11.3 3.7 0.4
Net loss attributable to Kratos $ (8.9) $ (36.9) $ (2.0)
Basic income (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) $ (0.07) $ (0.30) $ 0.00
Income (loss) from discontinued operations (in dollars per share) 0.00 0.01 (0.02)
Net loss per common share (in dollars per share) (0.07) (0.29) (0.02)
Diluted income (loss) per common share attributable to Kratos:      
Income (loss) from continuing operations (in dollars per share) (0.07) (0.30) 0.00
Income (loss) from discontinued operations (in dollars per share) 0.00 0.01 (0.02)
Net loss per common share (in dollars per share) $ (0.07) $ (0.29) $ (0.02)
Weighted average common shares outstanding:      
Basic (in shares) 130.4 126.7 124.6
Diluted (in shares) 130.4 126.7 128.0
Service revenues      
Total revenues $ 402.6 $ 325.2 $ 219.4
Total costs 303.2 239.0 156.2
Product sales      
Total revenues 634.5 573.1 592.1
Total costs $ 465.3 $ 433.3 $ 430.2