10-K Filing

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. CIK: 1069258 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001069258-22-000014`
Period End Date	20211231
Filing Date	20220222
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ktos-20211226_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 84 Cash Flow Statement 134 Stockholders Equity 29 Comprehensive Income 21

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$349.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$380.80M	USD	Point-in-time
Shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$700.00K	USD	Point-in-time
Shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$95.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$93.90M	USD	Point-in-time
Unbilled receivables, net	`ContractWithCustomerAssetNetCurrent`	$190.80M	USD	Point-in-time
Unbilled receivables, net	`ContractWithCustomerAssetNetCurrent`	$177.00M	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventoried costs	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$81.20M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Inventoried costs	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$91.70M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	123.99M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.00M	USD	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	123.05M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.50M	USD	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	123.05M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$17.80M	USD	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	123.99M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$758.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$764.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$143.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$168.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$38.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$42.90M	USD	Point-in-time
Goodwill	`Goodwill`	$483.90M	USD	Point-in-time
Goodwill	`Goodwill`	$493.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$43.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$43.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$84.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$87.50M	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Total assets	`Assets`	$1.19B	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$50.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$27.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$34.70M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$48.10M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$47.30M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.50M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.50M	USD	Point-in-time
Billings in excess of costs and earnings on uncompleted contracts	`ContractWithCustomerLiabilityCurrent`	$58.10M	USD	Point-in-time
Billings in excess of costs and earnings on uncompleted contracts	`ContractWithCustomerLiabilityCurrent`	$34.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.90M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$11.90M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.10M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$800.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$197.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$221.10M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$296.70M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$301.00M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$32.70M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$38.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$76.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$83.00M	USD	Point-in-time
Long-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$2.50M	USD	Point-in-time
Long-term liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$2.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$622.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$629.20M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountAttributableToParent`	$15.20M	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountAttributableToParent`	$14.80M	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 authorized, 0 shares outstanding at December 26, 2021 and December 27, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 5,000,000 authorized, 0 shares outstanding at December 26, 2021 and December 27, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 195,000,000 shares authorized; 123,987,424 and 123,047,147 shares issued and outstanding at December 26, 2021 and December 27, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 195,000,000 shares authorized; 123,987,424 and 123,047,147 shares issued and outstanding at December 26, 2021 and December 27, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.58B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$600.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-632.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-634.40M	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`	$925.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$945.10M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.56B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$811.50M	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$717.50M	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$747.70M	USD	Annual
Total costs	`CostOfGoodsAndServicesSold`	$527.50M	USD	Annual
Total costs	`CostOfGoodsAndServicesSold`	$586.40M	USD	Annual
Total costs	`CostOfGoodsAndServicesSold`	$544.50M	USD	Annual
Gross profit	`GrossProfit`	$203.20M	USD	Annual
Gross profit	`GrossProfit`	$225.10M	USD	Annual
Gross profit	`GrossProfit`	$190.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$160.20M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$144.50M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$130.80M	USD	Annual
Merger and acquisition related items	`BusinessCombinationAcquisitionRelatedCosts`	$2.30M	USD	Annual
Merger and acquisition related items	`BusinessCombinationAcquisitionRelatedCosts`	$1.80M	USD	Annual
Merger and acquisition related items	`BusinessCombinationAcquisitionRelatedCosts`	$1.70M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$18.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$27.00M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$35.20M	USD	Annual
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$900.00K	USD	Annual
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	-	USD	Annual
Restructuring expenses and other	`ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability`	$700.00K	USD	Annual
Operating income	`OperatingIncomeLoss`	$27.90M	USD	Annual
Operating income	`OperatingIncomeLoss`	$29.30M	USD	Annual
Operating income	`OperatingIncomeLoss`	$38.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-22.80M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-21.60M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-23.40M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$300.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-700.00K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-22.30M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-22.50M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-23.50M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.80M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.70M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.40M	USD	Annual
Provision (benefit) for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$-73.50M	USD	Annual
Provision (benefit) for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$4.80M	USD	Annual
Provision (benefit) for income taxes from continuing operations	`IncomeTaxExpenseBenefit`	$3.90M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$10.90M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$500.00K	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$80.30M	USD	Annual
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-1.20M	USD	Annual
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-2.30M	USD	Annual
Income (loss) from operations of discontinued component	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$1.90M	USD	Annual
Income tax expense (benefit)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$200.00K	USD	Annual
Income tax expense (benefit)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-300.00K	USD	Annual
Income tax expense (benefit)	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-200.00K	USD	Annual
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.70M	USD	Annual
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-900.00K	USD	Annual
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.10M	USD	Annual
Net income (loss)	`ProfitLoss`	$79.40M	USD	Annual
Net income (loss)	`ProfitLoss`	$12.60M	USD	Annual
Net income (loss)	`ProfitLoss`	$-1.60M	USD	Annual
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	Annual
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-200.00K	USD	Annual
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	Annual
Net income (loss) attributable to Kratos	`NetIncomeLoss`	$-2.00M	USD	Annual
Net income (loss) attributable to Kratos	`NetIncomeLoss`	$79.60M	USD	Annual
Net income (loss) attributable to Kratos	`NetIncomeLoss`	$12.50M	USD	Annual
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.70	USD	Annual
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.10	USD	Annual
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	Annual
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.02	USD	Annual
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	Annual
Net income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	Annual
Net income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	Annual
Net income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	Annual
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.68	USD	Annual
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.10	USD	Annual
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	Annual
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.01	USD	Annual
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	Annual
Income (loss) from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	Annual
Net income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	Annual
Net income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.67	USD	Annual
Net income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.50M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.60M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.20M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.70M	shares	Annual

Cash Flow Statement 134 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$79.40M	USD	Annual
Net income (loss)	`ProfitLoss`	$12.60M	USD	Annual
Net income (loss)	`ProfitLoss`	$-1.60M	USD	Annual
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.10M	USD	Annual
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.70M	USD	Annual
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-900.00K	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$80.30M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$10.90M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$500.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.70M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.40M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.60M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.90M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-400.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-78.20M	USD	Annual
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	$9.40M	USD	Annual
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	$11.70M	USD	Annual
Amortization of lease right-of-use assets	`OperatingAndFinanceLeaseRightofUseAssetAmortization`	$9.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$21.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$11.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$25.80M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$1.00M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$1.00M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$1.00M	USD	Annual
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	$-200.00K	USD	Annual
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	$-200.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.60M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.60M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.70M	USD	Annual
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$1.60M	USD	Annual
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$15.70M	USD	Annual
Unbilled receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$-3.60M	USD	Annual
Inventoried costs	`IncreaseDecreaseInInventories`	$5.30M	USD	Annual
Inventoried costs	`IncreaseDecreaseInInventories`	$5.30M	USD	Annual
Inventoried costs	`IncreaseDecreaseInInventories`	$4.60M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.40M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-300.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.10M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.90M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.70M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$900.00K	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-6.30M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-10.20M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-9.30M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.30M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.80M	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$1.00M	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-7.40M	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-6.40M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.30M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$8.50M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.70M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-100.00K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-100.00K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-100.00K	USD	Annual
Billings in excess of costs and earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.00M	USD	Annual
Billings in excess of costs and earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.40M	USD	Annual
Billings in excess of costs and earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$24.10M	USD	Annual
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.80M	USD	Annual
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.10M	USD	Annual
Income tax receivable and payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$1.40M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.30M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.30M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$12.10M	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$28.90M	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$44.70M	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$35.30M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.70M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$51.50M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.30M	USD	Annual
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$300.00K	USD	Annual
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$100.00K	USD	Annual
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$2.20M	USD	Annual
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$4.50M	USD	Annual
Capital expenditures	`PaymentsForProceedsFromProductiveAssets`	$46.50M	USD	Annual
Capital expenditures	`PaymentsForProceedsFromProductiveAssets`	$26.30M	USD	Annual
Capital expenditures	`PaymentsForProceedsFromProductiveAssets`	$35.90M	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$-52.10M	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$-87.30M	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivities`	$-43.70M	USD	Annual
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$5.10M	USD	Annual
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$240.40M	USD	Annual
Proceeds from the issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Repayment under credit facility and debt	`RepaymentsOfLongTermLinesOfCredit`	$600.00K	USD	Annual
Repayment under credit facility and debt	`RepaymentsOfLongTermLinesOfCredit`	-	USD	Annual
Repayment under credit facility and debt	`RepaymentsOfLongTermLinesOfCredit`	$5.10M	USD	Annual
Payments of employee taxes withheld from share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$900.00K	USD	Annual
Payments of employee taxes withheld from share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.10M	USD	Annual
Payments of employee taxes withheld from share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.40M	USD	Annual
Payments under finance leases	`FinanceLeasePrincipalPayments`	$1.00M	USD	Annual
Payments under finance leases	`FinanceLeasePrincipalPayments`	$600.00K	USD	Annual
Payments under finance leases	`FinanceLeasePrincipalPayments`	$500.00K	USD	Annual
Proceeds from shares issued under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.90M	USD	Annual
Proceeds from shares issued under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.80M	USD	Annual
Proceeds from shares issued under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.90M	USD	Annual
Net cash provided (used in) by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$3.50M	USD	Annual
Net cash provided (used in) by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$-9.30M	USD	Annual
Net cash provided (used in) by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$247.70M	USD	Annual
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$205.10M	USD	Annual
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-11.30M	USD	Annual
Net cash flows of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-26.10M	USD	Annual
Net operating cash flows of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$1.10M	USD	Annual
Net operating cash flows of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$1.90M	USD	Annual
Net operating cash flows of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-4.50M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.90M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.50M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-200.00K	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-32.10M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.40M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$208.90M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$381.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$349.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$381.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$349.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$183.00M	USD	Point-in-time
Cash paid during the year for interest	`InterestPaidNet`	$19.90M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$19.90M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$19.90M	USD	Annual
Net cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$2.00M	USD	Annual
Net cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$2.50M	USD	Annual
Net cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$600.00K	USD	Annual
Capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.90M	USD	Annual
Capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$3.00M	USD	Annual
Capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.40M	USD	Annual

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	123.05M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	123.99M	shares	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`	$925.30M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$945.10M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.80M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.00M	USD	Annual
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.90M	USD	Annual
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.80M	USD	Annual
Issuance of common stock for employee stock purchase plan, options and warrants	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.90M	USD	Annual
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.40M	USD	Annual
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-9.10M	USD	Annual
Restricted stock issued and related taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-900.00K	USD	Annual
Issuance of common stock for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$27.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$245.40M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$79.60M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$12.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$300.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-800.00K	USD	Annual
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	123.05M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	123.99M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$925.30M	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`	$945.10M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$79.40M	USD	Annual
Net income (loss)	`ProfitLoss`	$12.60M	USD	Annual
Net income (loss)	`ProfitLoss`	$-1.60M	USD	Annual
Change in cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$100.00K	USD	Annual
Change in cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-800.00K	USD	Annual
Change in cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	Annual
Postretirement benefit reserve adjustment net of tax expense (income)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Postretirement benefit reserve adjustment net of tax expense (income)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	Annual
Postretirement benefit reserve adjustment net of tax expense (income)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-800.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.20M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.90M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.40M	USD	Annual
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.00K	USD	Annual
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$400.00K	USD	Annual
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-200.00K	USD	Annual
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$-2.80M	USD	Annual
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$12.80M	USD	Annual
Comprehensive income (loss) attributable to Kratos	`ComprehensiveIncomeNetOfTax`	$81.40M	USD	Annual

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