10-Q Filing

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. CIK: 1069258 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001069258-19-000036`
Period End Date	20190930
Filing Date	20191105
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	ktos2019092910-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 132 Cash Flow Statement 89 Stockholders Equity 43

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.00M	USD	Point-in-time
Shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$300.00K	USD	Point-in-time
Shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$64.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$65.60M	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables, net	`UnbilledReceivablesCurrent`	$176.20M	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables, net	`UnbilledReceivablesCurrent`	$172.80M	USD	Point-in-time
Inventoried costs	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$46.80M	USD	Point-in-time
Inventoried costs	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$68.20M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	106.27M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.90M	USD	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	103.77M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.90M	USD	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	103.77M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	106.27M	shares	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.60M	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$515.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$494.70M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$67.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$115.70M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$44.80M	USD	Point-in-time
Goodwill	`Goodwill`	$458.10M	USD	Point-in-time
Goodwill	`Goodwill`	$425.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$37.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$16.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.50M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$1.18B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$46.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$39.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$38.10M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$36.20M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$33.50M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$6.50M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.60M	USD	Point-in-time
Billings in excess of costs and earnings on uncompleted contracts	`BillingsInExcessOfCost`	$34.90M	USD	Point-in-time
Billings in excess of costs and earnings on uncompleted contracts	`BillingsInExcessOfCost`	$34.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.90M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.60M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$5.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$164.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$181.50M	USD	Point-in-time
Long-term debt principal, net of current portion	`LongTermDebtNoncurrent`	$294.20M	USD	Point-in-time
Long-term debt principal, net of current portion	`LongTermDebtNoncurrent`	$294.80M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$39.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$77.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$25.50M	USD	Point-in-time
Long-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$2.80M	USD	Point-in-time
Long-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$6.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$490.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$596.10M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.50M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at September 29, 2019 and December 30, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at September 29, 2019 and December 30, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 195,000,000 shares authorized; 106,269,609 and 103,766,899 shares issued and outstanding at September 29, 2019 and December 30, 2018, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 195,000,000 shares authorized; 106,269,609 and 103,766,899 shares issued and outstanding at September 29, 2019 and December 30, 2018, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-715.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-724.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$511.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$519.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$566.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$559.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$511.90M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.18B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time

Income Statement 132 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$453.60M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$532.40M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.10M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$159.40M	USD	1 Quarter
Total costs	`CostOfGoodsAndServicesSold`	$329.40M	USD	3 Qtrs
Total costs	`CostOfGoodsAndServicesSold`	$390.80M	USD	3 Qtrs
Total costs	`CostOfGoodsAndServicesSold`	$135.50M	USD	1 Quarter
Total costs	`CostOfGoodsAndServicesSold`	$115.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$141.60M	USD	3 Qtrs
Gross profit	`GrossProfit`	$48.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$44.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$124.20M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$89.40M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.70M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$29.50M	USD	1 Quarter
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$100.00K	USD	1 Quarter
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.90M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$13.00M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.60M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$11.60M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.40M	USD	1 Quarter
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$300.00K	USD	3 Qtrs
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$3.50M	USD	3 Qtrs
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$-100.00K	USD	1 Quarter
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$100.00K	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$11.50M	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$10.10M	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$28.70M	USD	3 Qtrs
Operating income from continuing operations	`OperatingIncomeLoss`	$19.70M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-15.80M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-16.20M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.40M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-700.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-600.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.10M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-5.30M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-6.10M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-16.40M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-17.30M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.80M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.40M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.30M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.40M	USD	1 Quarter
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$3.80M	USD	3 Qtrs
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$3.40M	USD	1 Quarter
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$2.80M	USD	1 Quarter
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$4.40M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.10M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.60M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.40M	USD	1 Quarter
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	-	USD	1 Quarter
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-9.10M	USD	3 Qtrs
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$2.40M	USD	3 Qtrs
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$500.00K	USD	1 Quarter
Income tax benefit (expense)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$200.00K	USD	1 Quarter
Income tax benefit (expense)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-2.00M	USD	3 Qtrs
Income tax benefit (expense)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Income tax benefit (expense)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$300.00K	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-7.10M	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$2.40M	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$2.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.20M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$500.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.20M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.02	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.01	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.07	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.01	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.07	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.02	USD	3 Qtrs
Net income (loss)	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income (loss)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	3 Qtrs
Net income (loss)	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income (loss)	`EarningsPerShareBasicAndDiluted`	$0.09	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.01	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.01	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.07	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.07	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.01	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.02	USD	3 Qtrs
Net income (loss)	`EarningsPerShareDiluted`	$0.09	USD	3 Qtrs
Net income (loss)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Net income (loss)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Net income (loss)	`EarningsPerShareDiluted`	$-0.08	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	103.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	103.80M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	103.80M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.90M	shares	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.20M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$2.60M	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-300.00K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.70M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-8.20M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$500.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$9.20M	USD	3 Qtrs
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$-8.20M	USD	3 Qtrs
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$1.70M	USD	1 Quarter
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$2.30M	USD	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$10.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$2.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.20M	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$2.40M	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-7.10M	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$300.00K	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.60M	USD	3 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.40M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.80M	USD	3 Qtrs
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	-	USD	3 Qtrs
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	$8.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.10M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.20M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$500.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.10M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$700.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$700.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$400.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.80M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.40M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$29.20M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$-2.00M	USD	3 Qtrs
Inventoried costs	`IncreaseDecreaseInInventories`	$-900.00K	USD	3 Qtrs
Inventoried costs	`IncreaseDecreaseInInventories`	$10.30M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.20M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$200.00K	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.10M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.50M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-300.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.00M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$900.00K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.00M	USD	3 Qtrs
Advance payments received on contracts	`IncreaseDecreaseInCustomerAdvances`	-	USD	3 Qtrs
Advance payments received on contracts	`IncreaseDecreaseInCustomerAdvances`	$-600.00K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$4.80M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$4.80M	USD	3 Qtrs
Billings in excess of costs and earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.30M	USD	3 Qtrs
Billings in excess of costs and earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.80M	USD	3 Qtrs
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-800.00K	USD	3 Qtrs
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.70M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.60M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.30M	USD	3 Qtrs
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$30.20M	USD	3 Qtrs
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.40M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.90M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.60M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.90M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.90M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$67.00M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$300.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$46.20M	USD	3 Qtrs
Net cash provided by (used in) investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$-35.20M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$100.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Expenses from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$-1.10M	USD	3 Qtrs
Expenses from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Repayment of debt	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Repayment of debt	`RepaymentsOfLongTermLinesOfCredit`	$800.00K	USD	3 Qtrs
Payments under finance leases	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Payments under finance leases	`FinanceLeasePrincipalPayments`	$400.00K	USD	3 Qtrs
Payments under finance leases	`FinanceLeasePrincipalPayments`	$100.00K	USD	1 Quarter
Proceeds from exercise of restricted stock units, employee stock options, and employee stock purchase plan	`ProceedsFromIssuanceOrSaleOfEquity`	$3.00M	USD	3 Qtrs
Proceeds from exercise of restricted stock units, employee stock options, and employee stock purchase plan	`ProceedsFromIssuanceOrSaleOfEquity`	$3.70M	USD	3 Qtrs
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$2.60M	USD	3 Qtrs
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$1.70M	USD	3 Qtrs
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-2.40M	USD	3 Qtrs
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$63.30M	USD	3 Qtrs
Net operating cash flows of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-6.40M	USD	3 Qtrs
Net operating cash flows of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$800.00K	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-300.00K	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-400.00K	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$56.60M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$187.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$187.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.00M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.50M	USD	Point-in-time
Balance, beginning of period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Balance, end of period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.50M	USD	Point-in-time
Balance, end of period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	103.77M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	106.27M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$511.90M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$566.70M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$559.50M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$519.30M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$511.50M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.50M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.20M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.10M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.70M	USD	1 Quarter
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.90M	USD	1 Quarter
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.70M	USD	3 Qtrs
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.20M	USD	1 Quarter
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.90M	USD	3 Qtrs
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	-	USD	1 Quarter
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-900.00K	USD	3 Qtrs
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-100.00K	USD	3 Qtrs
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-100.00K	USD	1 Quarter
Issuance of common stock for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$27.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.20M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-300.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentNetofTax1`	$100.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentNetofTax1`	$100.00K	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	103.77M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	106.27M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$559.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$511.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$519.30M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$566.70M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$511.90M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.