10-Q Filing

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. CIK: 1069258 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001069258-20-000044`
Period End Date	20200930
Filing Date	20201029
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	ktos-20200927_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 132 Cash Flow Statement 91 Stockholders Equity 43

Balance Sheet 94 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`	$374.70M	USD	Point-in-time
Shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$700.00K	USD	Point-in-time
Shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$83.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$85.00M	USD	Point-in-time
Unbilled receivables, net	`UnbilledReceivablesCurrent`	$192.70M	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables, net	`UnbilledReceivablesCurrent`	$179.40M	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventoried costs	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$61.10M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Inventoried costs	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$78.30M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.40M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$17.90M	USD	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	106.64M	shares	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	122.76M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.60M	USD	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	122.76M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	106.64M	shares	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.30M	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$522.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$770.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$136.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$116.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$42.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$40.10M	USD	Point-in-time
Goodwill	`Goodwill`	$475.30M	USD	Point-in-time
Goodwill	`Goodwill`	$455.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$42.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$39.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.90M	USD	Point-in-time
Total assets	`Assets`	$1.47B	USD	Point-in-time
Total assets	`Assets`	$1.19B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$32.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$28.80M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$37.10M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$45.40M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$6.40M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.60M	USD	Point-in-time
Billings in excess of costs and earnings on uncompleted contracts	`BillingsInExcessOfCost1`	$36.30M	USD	Point-in-time
Billings in excess of costs and earnings on uncompleted contracts	`BillingsInExcessOfCost1`	$34.30M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.90M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$16.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.00M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.30M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrentIncludingDeferredIncomeTaxLiabilitiesNet`	$199.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrentIncludingDeferredIncomeTaxLiabilitiesNet`	$182.70M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$300.30M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$295.10M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$37.60M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$35.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$78.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$84.70M	USD	Point-in-time
Long-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$2.80M	USD	Point-in-time
Long-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$2.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$596.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$623.00M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$14.90M	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at September 27, 2020 and December 29, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at September 27, 2020 and December 29, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 195,000,000 shares authorized; 122,755,405 and 106,635,508 shares issued and outstanding at September 27, 2020 and December 29, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 195,000,000 shares authorized; 122,755,405 and 106,635,508 shares issued and outstanding at September 27, 2020 and December 29, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.29B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.55B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-400.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-710.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-712.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$559.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$519.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$574.10M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$824.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$835.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$566.70M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.19B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.47B	USD	Point-in-time

Income Statement 132 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.10M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$202.00M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$541.30M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$532.40M	USD	3 Qtrs
Total costs	`CostOfGoodsAndServicesSold`	$392.40M	USD	3 Qtrs
Total costs	`CostOfGoodsAndServicesSold`	$144.90M	USD	1 Quarter
Total costs	`CostOfGoodsAndServicesSold`	$390.80M	USD	3 Qtrs
Total costs	`CostOfGoodsAndServicesSold`	$135.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$48.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$148.90M	USD	3 Qtrs
Gross profit	`GrossProfit`	$141.60M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$107.20M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.70M	USD	3 Qtrs
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$100.00K	USD	1 Quarter
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.90M	USD	3 Qtrs
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.50M	USD	3 Qtrs
Merger and acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$100.00K	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$13.00M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$19.40M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$7.70M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.60M	USD	1 Quarter
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$300.00K	USD	3 Qtrs
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$500.00K	USD	3 Qtrs
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$-100.00K	USD	1 Quarter
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$300.00K	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$28.70M	USD	3 Qtrs
Operating income from continuing operations	`OperatingIncomeLoss`	$11.50M	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$20.30M	USD	3 Qtrs
Operating income from continuing operations	`OperatingIncomeLoss`	$12.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-16.90M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.40M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-16.20M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.90M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$600.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-700.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.10M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$800.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-6.10M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-17.30M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-5.10M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-16.30M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.00M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.40M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.60M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.40M	USD	1 Quarter
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$2.80M	USD	1 Quarter
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$1.80M	USD	3 Qtrs
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$5.00M	USD	1 Quarter
Provision for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$3.80M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.60M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.20M	USD	3 Qtrs
Income(loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	-	USD	1 Quarter
Income(loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-1.00M	USD	3 Qtrs
Income(loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-200.00K	USD	1 Quarter
Income(loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$2.40M	USD	3 Qtrs
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	3 Qtrs
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-200.00K	USD	3 Qtrs
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-200.00K	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-800.00K	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$2.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$2.60M	USD	1 Quarter
Net income	`ProfitLoss`	$1.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$2.40M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$500.00K	USD	3 Qtrs
Net income attributable to Kratos	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net income attributable to Kratos	`NetIncomeLoss`	$9.50M	USD	3 Qtrs
Net income attributable to Kratos	`NetIncomeLoss`	$1.50M	USD	3 Qtrs
Net income attributable to Kratos	`NetIncomeLoss`	$2.40M	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.02	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.02	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.02	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.07	USD	3 Qtrs
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.01	USD	3 Qtrs
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.02	USD	3 Qtrs
Net income per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.01	USD	3 Qtrs
Net income per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.09	USD	3 Qtrs
Net income per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.07	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	1 Quarter
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.02	USD	3 Qtrs
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	3 Qtrs
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	3 Qtrs
Net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	3 Qtrs
Net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	105.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	123.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.90M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	126.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.90M	shares	3 Qtrs
Net income (from above)	`ProfitLoss`	$2.40M	USD	1 Quarter
Net income (from above)	`ProfitLoss`	$10.00M	USD	3 Qtrs
Net income (from above)	`ProfitLoss`	$2.60M	USD	1 Quarter
Net income (from above)	`ProfitLoss`	$1.40M	USD	3 Qtrs
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$900.00K	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$800.00K	USD	3 Qtrs
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-300.00K	USD	3 Qtrs
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.70M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.20M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$500.00K	USD	3 Qtrs
Comprehensive income attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$9.20M	USD	3 Qtrs
Comprehensive income attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$2.30M	USD	3 Qtrs
Comprehensive income attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$2.30M	USD	1 Quarter
Comprehensive income attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$3.30M	USD	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.60M	USD	1 Quarter
Net income	`ProfitLoss`	$1.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$10.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$2.40M	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$2.40M	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-800.00K	USD	3 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-200.00K	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.20M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.60M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.50M	USD	3 Qtrs
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	$7.30M	USD	3 Qtrs
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	$8.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$14.50M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.20M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-300.00K	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`	-	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$200.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.40M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.40M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$-2.00M	USD	3 Qtrs
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$12.30M	USD	3 Qtrs
Inventoried costs	`IncreaseDecreaseInInventories`	$4.80M	USD	3 Qtrs
Inventoried costs	`IncreaseDecreaseInInventories`	$10.30M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$200.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.80M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-8.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.10M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.50M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.70M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-300.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-4.90M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$900.00K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$6.50M	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`	$-2.80M	USD	3 Qtrs
Billings in excess of costs and earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.70M	USD	3 Qtrs
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.40M	USD	3 Qtrs
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.70M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.30M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.90M	USD	3 Qtrs
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$19.10M	USD	3 Qtrs
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$30.20M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$43.90M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.60M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$23.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.90M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$300.00K	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	3 Qtrs
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$-66.80M	USD	3 Qtrs
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$-35.20M	USD	3 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$4.80M	USD	3 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from the issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from the issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$240.40M	USD	3 Qtrs
Proceeds from the issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$240.40M	USD	Point-in-time
Repayment of debt	`RepaymentsOfDebt`	$700.00K	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebt`	-	USD	3 Qtrs
Payments under finance leases	`FinanceLeasePrincipalPayments`	$500.00K	USD	3 Qtrs
Payments under finance leases	`FinanceLeasePrincipalPayments`	$100.00K	USD	1 Quarter
Payments under finance leases	`FinanceLeasePrincipalPayments`	$400.00K	USD	3 Qtrs
Payments under finance leases	`FinanceLeasePrincipalPayments`	$200.00K	USD	1 Quarter
Proceeds from exercise of restricted stock units, employee stock options, and employee stock purchase plan	`ProceedsFromStockOptionsExercised`	$4.00M	USD	3 Qtrs
Proceeds from exercise of restricted stock units, employee stock options, and employee stock purchase plan	`ProceedsFromStockOptionsExercised`	$3.00M	USD	3 Qtrs
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$248.00M	USD	3 Qtrs
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$2.60M	USD	3 Qtrs
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-2.40M	USD	3 Qtrs
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$200.30M	USD	3 Qtrs
Net operating cash flows of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$2.10M	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`	$-400.00K	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`	$202.80M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$375.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.60M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.00M	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`	$375.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.60M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Changes in noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	-	USD	3 Qtrs
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	122.76M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	106.64M	shares	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`	$574.10M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$824.50M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$835.30M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$566.70M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.50M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.20M	USD	3 Qtrs
Issuance of common stock for employee stock purchase plan, options and warrants (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	400,000.00	shares	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`	$5.30M	USD	3 Qtrs
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.90M	USD	3 Qtrs
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.70M	USD	1 Quarter
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-900.00K	USD	3 Qtrs
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.30M	USD	3 Qtrs
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-100.00K	USD	1 Quarter
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-100.00K	USD	1 Quarter
Issuance of common stock for cash	`StockIssuedDuringPeriodSharesNewIssues`	15.50M	shares	3 Qtrs
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$-100.00K	USD	1 Quarter
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$240.40M	USD	3 Qtrs
Issuance of common stock for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$27.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.50M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.40M	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`	$800.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$900.00K	USD	1 Quarter
Changes in noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	-	USD	3 Qtrs
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	122.76M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	106.64M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$835.30M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$559.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$519.30M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$574.10M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$824.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$566.70M	USD	Point-in-time

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