Kratos defense & security solutions, inc. (KTOS)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

158,600

172,600

181,000

176,200

178,400

182,700

187,200

182,800

127,800

130,500

239,200

63,300

73,400

69,100

20,500

17,600

20,100

28,500

35,800

22,200

34,400

33,500

16,200

26,900

53,600

55,700

49,800

49,700

51,600

49,000

37,600

145,700

74,200

69,600

109,400

100,400

10,800

Restricted cash

-

-

0

0

0

300

300

300

400

400

200

200

500

500

700

700

700

700

700

700

1,600

5,400

5,200

5,100

5,000

5,000

5,000

5,200

5,300

5,500

5,600

800

700

1,100

1,000

2,800

8,500

Accounts receivable, net

78,300

85,000

65,600

67,800

81,300

64,600

60,100

66,200

57,700

74,200

244,200

226,600

227,900

229,400

208,000

211,000

208,800

206,800

194,700

204,500

238,600

217,500

255,100

265,900

248,000

265,800

269,000

253,600

281,800

271,900

281,400

256,800

255,500

245,300

248,700

162,900

125,800

Unbilled receivables, net

181,000

179,400

176,200

169,100

158,000

172,800

166,100

160,600

151,200

138,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory, Net of Allowances, Customer Advances and Progress Billings

62,700

61,100

68,200

75,400

69,200

46,800

48,600

49,000

48,200

49,000

62,800

61,500

64,800

55,400

58,500

49,900

52,600

55,600

54,600

49,500

72,100

47,400

80,400

78,500

81,100

74,600

83,400

85,300

88,200

94,300

99,900

86,400

84,000

76,600

79,800

64,000

25,900

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

4,600

-

-

-

4,600

-

-

-

1,700

-

-

-

2,100

-

-

-

3,700

-

-

-

2,900

-

-

2,300

Prepaid expenses

14,000

9,400

10,100

10,300

13,300

8,900

14,200

8,400

6,800

11,100

11,600

10,800

8,900

8,900

11,100

11,500

10,400

10,600

9,600

9,100

8,400

7,100

9,000

11,600

10,800

10,400

18,400

18,400

18,000

17,400

17,600

12,600

11,600

12,700

11,600

8,700

7,100

Other current assets

14,500

11,400

9,900

11,900

9,600

10,300

11,900

10,100

12,900

9,500

9,800

11,400

11,800

5,200

9,700

11,400

12,700

13,600

15,000

13,500

11,100

6,800

10,800

10,500

14,800

16,700

3,700

5,600

10,200

7,000

14,500

18,800

22,500

3,100

3,900

9,100

2,700

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets of discontinued operations

1,200

3,300

4,600

5,300

7,300

8,300

8,200

7,400

52,100

58,600

-

-

-

-

-

-

-

-

0

53,700

-

53,800

-

-

-

-

-

-

-

6,600

-

-

-

9,700

-

-

500

Total current assets

510,300

522,200

515,600

516,000

517,100

494,700

496,600

484,800

457,100

471,400

567,800

373,800

387,300

373,100

310,400

302,100

305,300

320,400

310,400

353,200

366,200

373,200

376,700

398,500

413,300

430,300

429,300

417,800

455,100

455,400

456,600

521,100

448,500

421,000

454,400

347,900

183,600

Property, plant and equipment, net

119,600

116,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net

-

-

115,700

115,500

113,500

67,100

65,200

62,100

61,500

58,000

56,700

55,000

50,800

49,800

47,300

51,200

53,800

56,200

60,700

60,900

81,500

61,600

82,600

84,200

84,000

84,800

84,500

83,500

84,000

85,600

84,600

72,400

72,200

72,500

81,600

61,500

28,400

Operating lease right-of-use assets

39,800

42,100

44,800

43,800

38,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

463,300

455,600

458,100

459,400

459,400

425,700

425,700

425,700

425,700

425,700

485,300

485,400

485,400

485,400

483,400

483,400

483,400

483,400

483,400

483,400

596,400

483,400

596,400

596,400

596,400

596,400

596,400

596,400

596,400

596,400

678,500

575,400

575,400

571,600

547,500

370,300

226,800

Intangible assets, net

41,000

39,500

37,800

32,400

34,400

16,100

17,500

18,800

20,300

22,000

24,500

27,300

29,900

32,600

26,900

29,500

33,800

36,500

39,400

42,200

47,700

49,500

57,800

62,600

64,300

69,900

78,800

87,800

96,800

106,100

132,200

107,200

116,100

124,600

133,400

113,500

89,100

Other assets

9,300

9,700

6,300

6,500

6,400

6,500

6,900

7,200

7,800

8,100

8,400

8,500

8,200

7,700

7,900

8,000

8,100

6,800

27,600

28,600

30,800

26,500

32,400

30,400

38,400

35,200

35,700

36,800

38,300

39,600

21,000

23,000

25,100

23,900

24,500

19,200

7,800

Non-current assets of discontinued operations

-

-

-

-

-

-

0

0

38,800

38,800

-

-

-

-

-

-

-

-

0

134,300

-

137,000

-

-

-

-

-

-

-

800

-

-

-

2,400

-

-

-

Total assets

1,183,300

1,186,000

1,178,300

1,173,600

1,168,900

1,010,100

1,011,900

998,600

1,011,200

1,024,000

1,142,700

950,000

961,600

948,600

875,900

874,200

884,400

903,300

921,500

1,102,600

1,122,600

1,131,200

1,145,900

1,172,100

1,196,400

1,216,600

1,224,700

1,222,300

1,270,600

1,283,900

1,372,900

1,299,100

1,237,300

1,216,000

1,241,400

912,400

535,700

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable

44,300

53,800

42,400

52,700

47,400

46,600

41,800

39,800

31,300

34,700

50,600

55,800

51,800

52,700

47,200

47,900

39,800

48,300

28,100

46,200

42,500

44,600

49,200

70,100

48,200

61,900

57,700

64,900

71,600

83,600

81,000

61,900

58,700

48,800

68,500

44,500

43,600

Accrued expenses

28,400

32,700

39,000

39,200

36,600

38,100

38,700

38,400

33,800

40,900

41,800

45,100

49,800

50,000

45,100

31,000

29,900

33,100

26,600

28,300

31,500

32,400

37,000

40,800

41,100

46,200

45,400

39,100

41,700

46,400

51,700

52,900

48,800

50,700

49,200

30,400

21,400

Accrued compensation

40,900

37,100

36,200

32,100

37,200

33,500

32,200

34,100

34,100

30,200

33,700

35,600

35,200

39,100

32,900

34,200

32,600

36,800

30,000

34,100

39,200

41,100

37,100

38,700

38,700

44,900

37,100

39,800

43,400

47,800

41,900

33,800

41,100

39,800

47,300

30,100

21,700

Accrued interest

6,400

1,600

6,500

1,600

6,500

1,600

6,500

1,700

6,600

1,700

10,000

3,000

9,600

3,600

11,700

3,800

11,700

3,900

11,800

5,600

16,500

5,600

16,700

5,700

20,800

5,200

22,000

6,100

21,700

6,300

21,700

5,100

20,700

5,100

-

-

-

Billings in excess of costs and earnings on uncompleted contracts

38,300

34,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and earnings on uncompleted contracts

-

-

34,000

38,800

39,700

34,900

40,500

32,900

38,200

42,800

51,100

40,300

41,800

41,800

42,500

43,200

49,000

42,300

49,200

49,800

56,500

49,600

47,200

49,200

54,500

52,500

51,200

45,600

48,400

43,700

44,000

37,100

38,300

36,200

32,800

8,500

17,200

Current portion of operating lease liabilities

8,700

9,900

10,900

12,100

13,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,200

30,200

30,200

30,300

28,400

28,400

28,400

28,400

29,000

29,000

29,000

28,900

-

-

-

8,500

-

-

-

Acquisition related holdback payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,100

Other current liabilities

10,100

10,000

8,900

8,900

9,300

4,700

5,400

13,000

7,800

9,400

10,500

6,100

6,400

6,700

6,200

5,600

5,900

5,100

9,900

5,600

6,600

6,800

11,600

14,000

12,400

8,100

13,800

14,100

19,800

15,700

33,800

32,100

31,300

16,800

18,700

10,300

3,400

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

-

1,000

-

-

-

1,000

-

-

-

1,000

-

-

-

1,000

-

-

-

1,000

-

-

-

Current portion of capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

-

-

-

300

-

-

-

500

-

-

-

600

-

-

600

Current liabilities of discontinued operations

3,000

3,300

3,600

3,500

5,300

5,300

7,000

8,100

23,200

29,200

1,100

1,200

1,400

1,600

1,800

1,900

1,400

1,900

1,500

16,100

-

14,600

-

-

-

2,500

-

-

-

4,900

-

-

-

6,300

-

-

2,100

Total current liabilities

180,100

182,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

-

-

181,500

188,900

195,300

164,700

172,100

168,000

175,000

188,900

198,800

187,100

196,000

196,500

187,400

167,600

170,300

172,400

187,300

215,900

223,000

226,100

227,200

246,900

244,100

251,000

256,200

238,600

275,600

278,800

274,100

222,900

238,900

213,800

216,500

123,800

118,100

Long-term debt

295,300

295,100

294,800

294,600

294,400

294,200

294,000

293,800

293,600

293,500

369,700

369,500

369,300

431,000

445,000

444,700

444,400

444,100

448,500

622,000

622,000

614,400

621,900

621,900

628,500

628,800

629,000

629,300

629,500

629,700

630,000

630,200

630,500

630,800

631,000

516,300

225,000

Operating lease liabilities, net of current portion

36,000

37,600

39,500

37,800

31,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

17,300

-

-

-

10,500

-

-

-

900

-

-

-

700

-

-

-

0

-

-

-

2,500

-

-

11,600

Long-term debt premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

13,500

14,500

15,600

16,600

17,700

18,700

19,700

20,800

21,800

22,800

23,900

-

-

Line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

41,000

41,000

41,000

41,000

41,000

-

0

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

-

-

-

400

-

-

-

700

-

-

1,100

Other long-term liabilities

73,900

78,700

77,500

74,600

73,500

25,500

27,600

24,000

24,200

24,100

38,500

42,600

41,200

23,700

35,700

32,500

31,100

18,000

23,900

24,400

25,100

24,000

24,800

25,200

26,200

25,500

22,200

29,700

32,200

31,900

36,500

33,700

35,400

32,300

38,600

45,300

8,600

Long-term liabilities of discontinued operations

2,800

2,800

2,800

2,800

6,500

6,400

6,300

6,300

5,900

6,000

3,800

3,800

3,700

3,700

3,700

3,800

3,900

4,100

4,200

600

-

500

-

-

-

200

-

-

-

300

-

-

-

500

-

-

1,400

Total liabilities

588,100

596,900

596,100

598,700

601,000

490,800

500,000

492,100

498,700

512,500

610,800

603,000

610,200

672,200

671,800

648,600

649,700

649,100

663,900

903,900

911,100

906,900

914,900

935,000

912,300

920,800

923,000

914,200

955,000

959,800

960,300

907,600

926,600

903,400

910,000

685,400

365,800

Commitments and contingencies (Note 14)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Redeemable noncontrolling interest

15,000

15,000

15,500

15,400

15,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at March 29, 2020 and December 29, 2019

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

Common stock, $0.001 par value, 195,000,000 shares authorized; 106,960,828 and 106,635,508 shares issued and outstanding at March 29, 2020 and December 29, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

1,292,600

1,286,500

1,282,700

1,277,800

1,275,000

1,244,500

1,242,400

1,238,800

1,237,200

1,233,700

1,232,200

1,042,700

1,041,000

956,200

879,500

877,300

875,900

873,200

872,700

869,000

867,100

863,400

867,200

862,300

859,500

856,000

854,500

850,900

848,800

847,100

845,400

819,900

721,700

720,600

730,500

619,300

553,500

Accumulated other comprehensive loss

-200

-400

-1,000

-800

-700

-700

-1,300

-1,400

-1,500

-1,400

-1,800

-1,500

-1,600

-1,700

-1,600

-1,500

-1,400

-1,400

-1,500

-1,600

-1,900

-1,700

-1,000

-900

-900

-800

-800

-700

-700

-800

-600

-400

-200

-200

100

-

-

Accumulated deficit

-712,200

-712,000

-715,000

-717,500

-721,400

-724,500

-729,200

-730,900

-723,200

-720,800

-698,500

-694,200

-688,000

-678,100

-673,800

-650,200

-639,800

-617,600

-613,600

-668,700

-653,700

-637,400

-635,200

-624,300

-574,500

-559,400

-552,000

-542,100

-532,500

-522,200

-432,200

-428,000

-410,800

-407,800

-399,200

-392,300

-383,600

Total stockholders’ equity

580,200

574,100

566,700

559,500

552,900

519,300

511,900

506,500

512,500

511,500

531,900

347,000

351,400

276,400

204,100

225,600

234,700

254,200

257,600

198,700

211,500

224,300

231,000

237,100

284,100

295,800

301,700

308,100

315,600

324,100

412,600

391,500

310,700

312,600

331,400

227,000

169,900

Total liabilities and stockholders’ equity

1,183,300

1,186,000

1,178,300

1,173,600

1,168,900

1,010,100

1,011,900

998,600

1,011,200

1,024,000

1,142,700

950,000

961,600

948,600

875,900

874,200

884,400

903,300

921,500

1,102,600

1,122,600

1,131,200

1,145,900

1,172,100

1,196,400

1,216,600

1,224,700

1,222,300

1,270,600

1,283,900

1,372,900

1,299,100

1,237,300

1,216,000

1,241,400

912,400

535,700