XML 52 R39.htm IDEA: XBRL DOCUMENT v3.21.1
Significant Accounting Principles and Policies - Impact of Restatement on Statements of Operations (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Reclassification [Line Items]    
Revenues $ 748,567 $ 617,253
Cost of revenues 566,666 465,208
Selling, general and administrative expenses 145,291 137,326
Amortization of intangible assets 12,215 8,047
Total operating expenses 724,172 610,581
Program profit 24,395 6,672
Other loss, net 1,801 785
Operating income 26,196 7,457
Interest expense, net (12,514) (20,948)
Other income, net 1,200 30,112
Income before income taxes 14,882 16,621
Expense (benefit) from income taxes 2,609 (9,529)
Net income 12,273 26,150
Noncontrolling interest in earnings of ventures (1,111) 166
Net income (loss) $ 13,384 $ 25,984
Net income per share attributed to PAE Incorporated:    
Basic income per share (in dollars per share) $ 0.14 $ 0.43
Diluted income per share (in dollars per share) $ 0.14 $ 0.43
Weighted average shares outstanding:    
Basic weighted average shares (in shares) 92,613,057 59,807,549
Diluted weighted average shares (in shares) 95,128,326 59,807,549
As filed    
Reclassification [Line Items]    
Revenues   $ 617,253
Cost of revenues   465,208
Selling, general and administrative expenses   137,326
Amortization of intangible assets   8,047
Total operating expenses   610,581
Program profit   6,672
Other loss, net   785
Operating income   7,457
Interest expense, net   (20,948)
Other income, net   0
Income before income taxes   (13,491)
Expense (benefit) from income taxes   (8,714)
Net income   (4,777)
Noncontrolling interest in earnings of ventures   166
Net income (loss)   $ (4,943)
Net income per share attributed to PAE Incorporated:    
Basic income per share (in dollars per share)   $ (0.08)
Diluted income per share (in dollars per share)   $ (0.08)
Weighted average shares outstanding:    
Basic weighted average shares (in shares)   59,807,549
Diluted weighted average shares (in shares)   59,807,549
Restatement adjustments    
Reclassification [Line Items]    
Revenues   $ 0
Cost of revenues   0
Selling, general and administrative expenses   0
Amortization of intangible assets   0
Total operating expenses   0
Program profit   0
Other loss, net   0
Operating income   0
Interest expense, net   0
Other income, net   30,112
Income before income taxes   30,112
Expense (benefit) from income taxes   (815)
Net income   30,927
Noncontrolling interest in earnings of ventures   0
Net income (loss)   $ 30,927
Net income per share attributed to PAE Incorporated:    
Basic income per share (in dollars per share)   $ 0.51
Diluted income per share (in dollars per share)   $ 0.51
Weighted average shares outstanding:    
Basic weighted average shares (in shares)   59,807,549
Diluted weighted average shares (in shares)   59,807,549