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COMBINED STATEMENTS OF OPERATIONS - Vencore Holding Corp. and KGS Holding Corp. - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue $ 342,942 $ 335,886 $ 1,376,036 $ 1,405,089 $ 1,399,153
Operating costs and expenses          
Cost of revenue (excluding depreciation and amortization) (274,660) (281,716) (1,139,574) (1,152,354) (1,150,291)
General and administrative expenses (27,422) (21,871) (101,042) (83,211) (88,155)
Depreciation and amortization (6,711) (7,855) (30,708) (35,457) (36,352)
Gain on contingent consideration 0 0 0 0 7,897
Deferred contract costs (1,194) (1,286) (5,143) (6,493) (2,854)
Gain on pension plan 2,288 2,266 9,018 6,451 1,239
Total operating costs and expenses (307,699) (310,462) (1,267,449) (1,271,064) (1,268,516)
Income from operations 35,243 25,424 108,587 134,025 130,637
Interest expense (19,712) (18,944) (81,151) (76,930) (75,240)
Debt extinguishment costs 0 0 (4,259) (7,159) 0
Other, net (2,272) (2,210) (8,677) (4,931) (11,037)
Investment gain 0 2,951 2,951 0 0
Income before income taxes and equity in net losses of affiliate 13,259 7,221 17,451 45,005 44,360
Income tax (expense) benefit (3,152) (2,959) 10,260 (25,290) (21,346)
Income before equity in net losses of affiliate 10,107 4,262 27,711 19,715 23,014
Equity in net losses of affiliate (320) (106) (1,263) 0 0
Net income $ 9,787 $ 4,156 $ 26,448 $ 19,715 $ 23,014