KRATOS DEFENSE & SECURITY SOLUTIONS, INC. KTOS Income Statement

Kratos defense & security solutions, inc. (KTOS)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Apr'18	Dec'17	Oct'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue from Contract with Customer, Excluding Assessed Tax
726,000	717,500	696,800	672,100	635,400	618,000	619,900	617,600	614,300	603,300	492,300	500,600	520,900	541,900	519,800	516,100	508,400	512,500	647,200	676,300	720,000	763,000	724,800	760,400	791,400	844,100	978,000	1,027,900	1,012,500	969,200	919,000	849,300	800,600	713,900	620,400	512,900	0	0	0
Total costs
535,100	527,500	509,700	489,500	461,600	448,300	448,900	453,500	452,000	445,700	368,000	387,600	400,200	421,400	408,200	390,000	386,600	388,300	491,300	518,400	554,900	583,600	555,600	581,300	600,000	639,600	732,000	760,100	747,400	712,000	670,000	615,400	579,000	522,700	464,200	395,800	0	0	0
Gross profit
190,900	190,000	187,100	182,600	173,800	169,700	171,000	164,100	162,300	157,600	124,300	113,000	120,700	120,500	111,600	126,100	121,800	124,200	155,900	157,900	165,100	179,400	169,200	179,100	191,400	204,500	246,000	267,800	265,100	257,200	249,000	233,900	221,600	191,200	156,200	117,100	0	0	0
Selling, general and administrative expenses
134,200	130,800	128,100	125,100	121,500	119,800	121,900	125,300	127,100	127,300	99,800	102,400	106,900	114,600	115,200	114,600	118,500	118,200	142,100	147,600	147,600	153,600	151,900	159,300	167,000	172,800	196,800	203,500	198,100	193,100	186,200	174,100	165,200	140,600	112,200	83,600	0	0	0
Recovery of legal fees in connection with litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Merger and acquisition expenses
1,500	2,300	1,900	1,800	1,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,800	-7,700	-7,600	-3,500	-2,700	3,900	7,300	7,600	12,500	11,700	9,100	0	0	0
Research and development expenses
19,800	18,000	17,000	16,800	15,900	15,600	16,700	16,500	17,000	17,800	16,500	15,500	15,400	13,900	14,600	14,900	15,200	16,200	15,600	17,000	17,300	18,600	19,900	19,800	20,000	19,700	19,400	19,100	19,100	17,800	16,500	15,200	11,600	8,600	5,500	2,800	0	0	0
Restructuring expenses and other
900	900	600	800	3,500	3,800	3,500	3,400	400	300	-200	0	4,800	10,000	8,500	8,700	3,900	-700	1,300	1,000	1,900	1,700	4,600	-2,100	-1,700	-2,400	-4,600	3,400	0	-	0	0	-	-	0	0	-	-	-
Operating income from continuing operations
34,500	38,000	39,500	38,100	31,700	30,500	4,700	-5,300	-6,400	-12,000	8,200	-4,900	-6,400	-18,000	-26,800	-12,200	-15,900	-9,600	-3,300	-7,900	-1,900	5,300	-5,700	3,400	10,000	18,200	-53,800	-45,800	-47,300	-49,700	40,300	35,900	37,200	29,500	28,200	23,000	0	0	0
Other expense:
Interest expense, net
-21,500	-21,600	-21,200	-20,800	-21,200	-20,800	-21,300	-24,000	-25,500	-28,600	-31,700	-32,700	-34,200	-34,700	-34,900	-35,700	-35,900	-36,000	-31,700	-30,900	-31,900	-39,200	-32,200	-39,700	-46,100	-46,200	-64,900	-66,300	-66,200	-66,100	-66,200	-63,600	-60,500	-51,100	-41,200	-31,700	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-17,300	-1,900	-1,900	-1,900	200	-3,400	0	0	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other expense, net
-700	-700	-1,500	-1,100	-1,800	-1,000	-700	200	900	800	1,000	500	600	700	600	800	-400	-600	400	300	1,100	1,200	-500	100	500	-400	300	-100	200	1,300	1,300	600	100	0	-6,200	-11,000	0	0	0
Total other expense, net
-22,200	-22,300	-22,700	-21,900	-23,000	-21,800	-37,200	-39,000	-39,800	-45,100	-32,600	-34,100	-35,500	-33,800	-34,300	-38,300	-39,700	-40,000	-34,700	-30,600	-69,900	-77,100	-71,800	-78,700	-45,600	-46,600	-64,600	-66,400	-66,000	-64,800	-64,900	-63,000	-60,400	-51,100	0	0	0	-	-
Income (loss) from continuing operations before income taxes
12,300	15,700	16,800	16,200	8,700	8,700	-32,500	-44,300	-46,200	-57,100	-24,400	-39,000	-41,900	-51,800	-61,100	-50,500	-55,600	-49,600	-38,000	-38,500	-71,800	-71,800	-77,500	-75,300	-35,600	-28,400	-118,400	-112,200	-113,300	-114,500	-24,600	-27,100	-23,200	-21,600	-12,800	-7,800	0	0	0
Benefit for income taxes from continuing operations
4,900	4,800	4,000	4,600	2,200	4,600	-7,400	-11,900	-10,700	-10,200	100	3,100	3,600	5,800	4,600	-12,600	-12,100	-13,800	-10,500	4,600	3,500	3,900	1,500	1,900	600	1,100	-2,500	-1,400	5,300	-1,600	4,400	4,700	-1,000	1,900	200	-13,100	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
7,400	10,900	12,800	11,600	6,500	4,100	-25,100	-32,400	-35,500	-46,900	-24,500	-42,100	-45,500	-57,600	-65,700	-37,900	-43,500	-35,800	-27,500	-43,100	-75,300	-75,700	-79,000	-77,200	-36,200	-29,500	-115,900	-110,800	-118,600	-112,900	-29,000	0	0	-	0	-	-	-	0
Discontinued operations:
Loss from operations of discontinued component
2,000	1,900	2,100	2,600	-6,000	-9,400	-7,300	-4,900	2,100	6,300	4,100	1,100	-300	-600	300	77,400	76,800	-	75,400	-3,000	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Tax Effect of Discontinued Operation
100	200	200	400	-1,300	-1,800	-2,000	-900	1,500	2,100	4,400	3,100	2,500	2,300	-2,500	23,700	22,100	-	25,000	-800	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
1,900	1,700	1,900	2,200	-4,700	-7,600	-5,300	-4,000	600	4,200	-300	-2,000	-2,800	-2,900	2,800	53,700	54,700	-	49,200	-1,200	-3,900	-2,300	-4,200	-5,000	-5,700	-7,700	-3,900	-3,300	-3,100	-1,500	-4,000	-3,900	-1,500	-700	600	-100	0	0	0
Less: Net income attributable to noncontrolling interest
100	100	500	400	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-
Net Income (Loss) Attributable to Parent
0	12,600	14,300	13,400	0	-3,500	0	-36,400	-34,900	-42,700	-24,800	-44,100	-48,300	-60,500	-60,300	18,400	13,800	-	21,700	-44,300	-79,200	-78,000	-83,200	-82,200	-41,900	-37,200	-119,800	-114,100	-121,700	-114,400	-33,000	-35,700	-23,700	-24,200	-12,400	5,200	0	0	0
Basic income and (loss) per common share attributable to Kratos:
Basic income (loss) per common share attributable to Kratos:
Income from continuing operations (in dollars per share)
0.00	-	0.02	0.01	0.04	-	0.01	-0.04	0.01	-	-	-	-0.13	-	-	-	-0.37	-	-	-	-	-	-	-0.84	-0.26	-	-0.17	-0.12	-0.14	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
0.00	-	0.00	0.03	-0.01	-	0.01	-0.03	-0.03	-	-	-	0.00	-	-	-	0.00	-	-	-	-	-	-	-0.03	0.00	-	0.00	-0.05	-0.04	-	-	-	-	-	-	-	-	-	-
Net income per common share (in dollars per share)
0.00	-	0.02	0.04	0.03	-	0.02	-0.07	-0.02	-	-	-	-0.13	-	-	-	-0.37	-	-	-	-	-	-	-0.87	-0.26	-	-0.17	-0.17	-0.18	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-0.07	-0.08	-	-	-0.39	-0.17	-	-0.16	0.07	-0.27	-0.25	-	-0.20	-	-	-	-	-	-	-	-0.08	-0.36	-0.08	-	-0.23	-0.22	-0.18	0.21	0.69
Income (loss) from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.02	0.01	-	-	0.00	0.00	-	-	0.86	0.02	-0.03	-	0.01	-	-	-	-	-	-	-	0.01	-0.05	-0.01	-	0.01	0.00	0.01	-0.01	-0.02
Net income (loss) per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-0.05	-0.07	-	-	-0.39	-0.17	-	-	0.93	-0.25	-0.28	-	-0.19	-	-	-	-	-	-	-	-0.07	-0.41	-0.09	-	-0.22	-0.22	-0.17	0.20	0.67
Diluted income (loss) per common share attributable to Kratos:
Income from continuing operations (in dollars per share)
0.00	0.04	0.02	0.01	0.03	0.06	0.01	-0.04	0.01	-	-0.07	-	-0.13	-	-	-	-	-	0.07	-	-0.25	-	-0.20	-	-	-	-	-	-	-	-0.08	-0.36	-0.08	-	-0.23	-0.22	-0.18	0.20	0.68
Loss from discontinued operations (in dollars per share)
0.00	-0.02	0.00	0.03	0.00	-0.02	0.01	-0.03	-0.03	-	0.02	-	0.00	-	-	-	-	-	0.85	-	-0.03	-	0.01	-	-	-	-	-	-	-	0.01	-0.05	-0.01	-	0.01	0.00	0.01	-0.01	-0.03
Net income (loss) per common share (in dollars per share)
0.00	0.02	0.02	0.04	0.03	0.04	0.02	-0.07	-0.02	-	-0.05	-	-0.13	-	-	-	-	-	0.92	-	-0.28	-	-0.19	-	-	-	-	-	-	-	-0.07	-0.41	-0.09	-	-0.22	-0.22	-0.17	0.19	0.65
Weighted average common shares outstanding:
Weighted average common shares outstanding:
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	90,500	86,600	-	-	60,500	59,800	59,600	-	-	58,400	-	-	-	57,400	57,400	-	57,100	56,600	56,600	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
107,200	106,500	106,500	106,100	104,900	103,900	103,900	103,700	103,700	-	-	-	77,300	-	-	-	-	-	59,000	-	58,300	-	57,800	-	-	-	-	-	-	-	56,600	41,700	32,500	-	30,800	23,800	21,300	16,100	16,000
Diluted (in shares)
110,100	109,700	109,900	109,400	107,800	108,600	106,400	103,700	105,700	-	90,500	-	77,300	-	-	-	-	-	60,000	-	58,300	-	57,800	-	-	-	-	-	-	-	56,600	41,700	32,500	-	30,800	23,800	21,300	16,300	16,400
Comprehensive Income
Net income (loss)
0	12,600	14,300	13,400	0	-3,500	0	0	-34,900	-42,700	-24,800	-44,100	-48,300	-60,500	-60,300	18,400	13,800	-	21,700	-44,300	-79,200	-78,000	-83,200	-82,200	-41,900	-37,200	-119,800	-114,100	-121,700	-114,400	-33,000	-35,700	-23,700	-24,200	-12,400	5,200	0	0	0
Other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	-700	-400	-200	-200	0	0	0	-	-
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax
0	-	100	300	0	-	200	0	-100	-	-400	-300	-400	-500	0	0	0	-	0	-200	-500	-400	-200	-200	-200	0	0	-100	-300	-400	-300	-100	0	-	0	0	-	-	-
Less: Comprehensive income attributable to noncontrolling interest
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to Kratos
0	-	0	14,400	0	-	-30,000	-36,200	0	-	-25,000	-44,200	-48,500	-60,800	-60,400	18,500	14,300	-	21,200	-45,000	-80,200	-78,900	-83,400	-82,400	-42,100	-37,200	-120,000	-114,400	-122,200	-115,000	-33,700	-36,100	-23,900	-24,400	-12,300	0	0	0	-
Service revenues
Revenue from Contract with Customer, Excluding Assessed Tax
273,600	272,600	259,900	244,000	217,300	200,700	195,100	187,800	194,600	197,800	113,900	153,500	187,900	221,300	204,100	204,300	204,900	209,600	354,800	364,500	377,500	390,800	408,600	420,300	428,700	443,600	444,700	461,500	463,400	450,000	442,500	410,100	373,300	351,000	324,100	302,000	0	0	0
Total costs
195,200	192,000	180,200	164,300	146,900	137,800	132,200	130,600	136,500	138,600	79,500	111,500	136,800	162,100	150,400	151,100	153,800	159,500	273,400	285,700	296,500	304,600	311,000	315,700	321,100	335,200	339,900	355,800	359,200	350,800	338,600	308,900	280,200	260,700	246,900	234,500	0	0	0
Product sales
Revenue from Contract with Customer, Excluding Assessed Tax
452,400	444,900	436,900	428,100	418,100	417,300	424,800	429,800	419,700	405,500	378,400	347,100	333,000	320,600	315,700	311,800	303,500	302,900	292,400	311,800	342,500	372,200	316,200	340,100	362,700	400,500	533,300	566,400	549,100	519,200	476,500	439,200	427,300	362,900	296,300	210,900	0	0	0
Total costs
339,900	335,500	329,500	325,200	314,700	310,500	316,700	322,900	315,500	307,100	288,500	276,100	263,400	259,300	257,800	238,900	232,800	228,800	217,900	232,700	258,400	279,000	244,600	265,600	278,900	304,400	392,100	404,300	388,200	361,200	331,400	306,500	298,800	262,000	217,300	161,300	0	0	0