$KTOS
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Stock $ktos

$ktos Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000106925815000016 Filed on May 07, 2015

Income Statement

Concept	2015 Q2	2015 Q1	2014 Q1
Revenue	$160.8M	$157.1M	$200.1M
YoY Change	-29.87%	-21.49%	-20.85%
Cost Of Revenue	$119.6M	$118.8M	$147.5M
YoY Change	-23.38%	-19.46%	-21.17%
Gross Profit	$40.90M	$38.30M	$43.80M
YoY Change	-14.97%	-12.56%	-33.43%
Gross Profit Margin	25.44%	24.38%	21.89%
Selling, General & Admin	$40.30M	$37.40M	$43.40M
YoY Change	0.0%	-13.82%	-11.79%
% of Gross Profit	98.53%	97.65%	99.09%
Research & Development	$4.300M	$3.900M	$5.200M
YoY Change	-6.52%	-25.0%	6.12%
% of Gross Profit	10.51%	10.18%	11.87%
Depreciation & Amortization	$6.700M	$6.900M	$9.600M
YoY Change	-30.93%	-28.13%	-32.39%
% of Gross Profit	16.38%	18.02%	21.92%
Operating Expenses	$44.60M	$41.30M	$48.60M
YoY Change	-0.67%	-15.02%	-10.17%
Operating Profit	-$3.700M	-$3.900M	$400.0K
YoY Change	-260.87%	-1075.0%	-96.49%
Interest Expense	-$8.900M	-$8.800M	-$16.10M
YoY Change	-10.1%	-45.34%	-0.62%
% of Operating Profit			-4025.0%
Other Income/Expense, Net	-$9.900M	-$8.700M	-$15.90M
YoY Change	-79.88%	-45.28%	-5.92%
Pretax Income	-$13.60M	-$12.60M	-$12.60M
YoY Change	-71.0%	0.0%	133.33%
Income Tax	$2.300M	$1.900M	$2.100M
% Of Pretax Income
Net Earnings	-$15.10M	-$16.20M	-$15.00M
YoY Change	-69.74%	8.0%	45.63%
Net Earnings / Revenue	-9.39%	-10.31%	-7.5%
Basic Earnings Per Share	-$0.25	-$0.28
Diluted Earnings Per Share	-$0.25	-$0.28	-$261.3K
COMMON SHARES
Basic Shares Outstanding	53.28M shares	58.30M shares	57.42M shares
Diluted Shares Outstanding		58.30M shares

Balance Sheet

Concept	2015 Q2	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$22.20M	$34.40M	$53.60M
YoY Change	-17.47%	-35.82%	3.88%
Cash & Equivalents	$22.20M	$32.70M	$53.60M
Short-Term Investments
Other Short-Term Assets	$13.50M	$11.10M	$14.80M
YoY Change	28.57%	-25.0%	45.1%
Inventory	$56.00M	$74.80M	$81.80M
Prepaid Expenses	$9.100M	$8.400M	$10.80M
Receivables	$204.5M	$238.6M	$248.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$353.2M	$366.2M	$413.3M
YoY Change	-11.37%	-11.4%	-9.18%
LONG-TERM ASSETS
Property, Plant & Equipment	$60.90M	$81.50M	$84.00M
YoY Change	-27.67%	-2.98%	0.0%
Goodwill	$483.4M	$596.4M	$596.4M
YoY Change	-18.95%	0.0%	0.0%
Intangibles	$42.20M	$47.70M	$64.30M
YoY Change	-32.59%	-25.82%	-33.57%
Long-Term Investments
YoY Change
Other Assets	$28.60M	$30.80M	$38.40M
YoY Change	-5.92%	-19.79%	0.26%
Total Long-Term Assets	$749.4M	$756.4M	$783.1M
YoY Change	-3.13%	-3.41%	-3.97%
TOTAL ASSETS
Total Short-Term Assets	$353.2M	$366.2M	$413.3M
Total Long-Term Assets	$749.4M	$756.4M	$783.1M
Total Assets	$1.103B	$1.123B	$1.196B
YoY Change	-5.93%	-6.17%	-5.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$46.20M	$42.50M	$48.20M
YoY Change	-34.09%	-11.83%	-32.68%
Accrued Expenses	$28.30M	$31.50M	$41.10M
YoY Change	-30.64%	-23.36%	-1.44%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$215.9M	$223.0M	$244.1M
YoY Change	-12.56%	-8.64%	-11.43%
LONG-TERM LIABILITIES
Long-Term Debt	$622.0M	$622.0M	$628.5M
YoY Change	0.02%	-1.03%	-0.16%
Other Long-Term Liabilities	$24.40M	$25.10M	$26.20M
YoY Change	-3.17%	-4.2%	-18.63%
Total Long-Term Liabilities	$646.4M	$647.1M	$654.7M
YoY Change	-0.11%	-1.16%	-1.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$215.9M	$223.0M	$244.1M
Total Long-Term Liabilities	$646.4M	$647.1M	$654.7M
Total Liabilities	$903.9M	$911.1M	$912.3M
YoY Change	-3.33%	-0.13%	-4.47%
SHAREHOLDERS EQUITY
Retained Earnings	-$668.7M	-$653.7M	-$574.5M
YoY Change	7.11%	13.79%	7.89%
Common Stock	$869.0M	$867.1M	$859.5M
YoY Change	0.78%	0.88%	1.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$198.7M	$211.6M	$284.1M
YoY Change
Total Liabilities & Shareholders Equity	$1.103B	$1.123B	$1.196B
YoY Change	-5.93%	-6.17%	-5.84%

Cashflow Statement

Concept	2015 Q2	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	-$15.10M	-$16.20M	-$15.00M
YoY Change	-69.74%	8.0%	45.63%
Depreciation, Depletion And Amortization	$6.700M	$6.900M	$9.600M
YoY Change	-30.93%	-28.13%	-32.39%
Cash From Operating Activities	-$8.300M	-$3.800M	$1.200M
YoY Change	-42.76%	-416.67%	-77.36%
INVESTING ACTIVITIES
Capital Expenditures	-$3.300M	-$1.900M	-$3.100M
YoY Change	17.86%	-38.71%	-6.06%
Acquisitions		$0.00	$1.600M
YoY Change		-100.0%	-233.33%
Other Investing Activities	$1.800M	$3.800M	-$1.600M
YoY Change	-1900.0%	-337.5%	-214.29%
Cash From Investing Activities	-$1.500M	$1.900M	-$4.700M
YoY Change	-48.28%	-140.43%	147.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.100M	1.500M	1.400M
YoY Change	-89.91%	7.14%	-380.0%
NET CHANGE
Cash From Operating Activities	-8.300M	-3.800M	1.200M
Cash From Investing Activities	-1.500M	1.900M	-4.700M
Cash From Financing Activities	-1.100M	1.500M	1.400M
Net Change In Cash	-10.90M	-400.0K	-2.100M
YoY Change	-61.48%	-80.95%	-172.41%
FREE CASH FLOW
Cash From Operating Activities	-$8.300M	-$3.800M	$1.200M
Capital Expenditures	-$3.300M	-$1.900M	-$3.100M
Free Cash Flow	-$5.000M	-$1.900M	$4.300M
YoY Change	-57.26%	-144.19%	-50.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	ktos	Accrued Expenses Current AccruedExpensesCurrent	48000000	USD
CY2014Q1	ktos	Equity In Net Income Loss Of Subsidiaries EquityInNetIncomeLossOfSubsidiaries	0	USD
CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-27
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-03-29
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2015Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001069258
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	53281685	shares
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
CY2014Q4	ktos	Accrued Expenses Current AccruedExpensesCurrent	39800000	USD
CY2015Q1	ktos	Equity In Net Income Loss Of Subsidiaries EquityInNetIncomeLossOfSubsidiaries	0	USD
CY2014	ktos	Fiscal Year Duration FiscalYearDuration	P364D
CY2015Q1	ktos	Fiscal Year Duration FiscalYearDuration	P364D
CY2014Q1	ktos	Fiscal Year To Date Duration FiscalYearToDateDuration	P91D
CY2015Q1	ktos	Fiscal Year To Date Duration FiscalYearToDateDuration	P91D
CY2014Q1	ktos	Impairment Charges And Adjustments To Unused Office Space Liability ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability	700000	USD
CY2015Q1	ktos	Impairment Charges And Adjustments To Unused Office Space Liability ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability	1000000	USD
CY2014Q1	ktos	Income Tax Reconciliation State Income Taxes And Foreign Income Tax Rate Differential IncomeTaxReconciliationStateIncomeTaxesAndForeignIncomeTaxRateDifferential	600000	USD
CY2015Q1	ktos	Income Tax Reconciliation State Income Taxes And Foreign Income Tax Rate Differential IncomeTaxReconciliationStateIncomeTaxesAndForeignIncomeTaxRateDifferential	500000	USD
CY2014Q4	ktos	Intangible Assets Excluding Goodwill Gross IntangibleAssetsExcludingGoodwillGross	219500000	USD
CY2015Q1	ktos	Intangible Assets Excluding Goodwill Gross IntangibleAssetsExcludingGoodwillGross	219500000	USD
CY2014Q4	ktos	Long Term Debt And Unamortized Premium Noncurrent LongTermDebtAndUnamortizedPremiumNoncurrent	663000000	USD
CY2015Q1	ktos	Long Term Debt And Unamortized Premium Noncurrent LongTermDebtAndUnamortizedPremiumNoncurrent	663000000	USD
CY2015Q1	ktos	Operating Loss Carryforwards Federal Annual Utilization Limit After Year Five OperatingLossCarryforwardsFederalAnnualUtilizationLimitAfterYearFive	11600000	USD
CY2010Q1	ktos	Operating Loss Carryforwards Federal Annual Utilization Limit Five Years Succeeding Initial Ownership Change OperatingLossCarryforwardsFederalAnnualUtilizationLimitFiveYearsSucceedingInitialOwnershipChange	27000000	USD
CY2014Q1	ktos	Payments For Proceeds From Investment In Affiliated Companies PaymentsForProceedsFromInvestmentInAffiliatedCompanies	0	USD
CY2015Q1	ktos	Payments For Proceeds From Investment In Affiliated Companies PaymentsForProceedsFromInvestmentInAffiliatedCompanies	0	USD
CY2014Q1	ktos	Product Warranty Accrual Payments Revenue Recognized And Other ProductWarrantyAccrualPaymentsRevenueRecognizedAndOther	100000	USD
CY2015Q1	ktos	Product Warranty Accrual Payments Revenue Recognized And Other ProductWarrantyAccrualPaymentsRevenueRecognizedAndOther	100000	USD
CY2014Q4	ktos	Restricted Cash And Cash Equivalents At Carrying Value Prepaid Expense And Other Assets Current RestrictedCashAndCashEquivalentsAtCarryingValuePrepaidExpenseAndOtherAssetsCurrent	24000000	USD
CY2015Q1	ktos	Restricted Cash And Cash Equivalents At Carrying Value Prepaid Expense And Other Assets Current RestrictedCashAndCashEquivalentsAtCarryingValuePrepaidExpenseAndOtherAssetsCurrent	21100000	USD
CY2014Q1	ktos	Restricted Stock Units Traded For Taxes Value RestrictedStockUnitsTradedForTaxesValue	-100000	USD
CY2015Q1	ktos	Restricted Stock Units Traded For Taxes Value RestrictedStockUnitsTradedForTaxesValue	-100000	USD
CY2014Q1	ktos	Selling General And Administrative Expense Business Acquisition Related Costs And Other Impairment Charges SellingGeneralAndAdministrativeExpenseBusinessAcquisitionRelatedCostsAndOtherImpairmentCharges	44100000	USD
CY2015Q1	ktos	Selling General And Administrative Expense Business Acquisition Related Costs And Other Impairment Charges SellingGeneralAndAdministrativeExpenseBusinessAcquisitionRelatedCostsAndOtherImpairmentCharges	43600000	USD
CY2014Q1	ktos	Stock Issued During Period Shares Employee Stock Purchase Plan Stock Options And Restricted Stock Units StockIssuedDuringPeriodSharesEmployeeStockPurchasePlanStockOptionsAndRestrictedStockUnits	300000	shares
CY2015Q1	ktos	Stock Issued During Period Shares Employee Stock Purchase Plan Stock Options And Restricted Stock Units StockIssuedDuringPeriodSharesEmployeeStockPurchasePlanStockOptionsAndRestrictedStockUnits	500000	shares
CY2010Q1	ktos	Threshold Period For Change In Allowed Annual Amount Of Operating Loss Carryforward To Be Recognized ThresholdPeriodForChangeInAllowedAnnualAmountOfOperatingLossCarryforwardToBeRecognized	P5Y
CY2014Q1	ktos	Unused Office Space Accrual Adjustment UnusedOfficeSpaceAccrualAdjustment	-200000	USD
CY2015Q1	ktos	Unused Office Space Accrual Adjustment UnusedOfficeSpaceAccrualAdjustment	0	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	48400000	USD
CY2015Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	42500000	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	248200000	USD
CY2015Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	238600000	USD
CY2014Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	34200000	USD
CY2015Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	31500000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-900000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1700000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1900000	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	863400000	USD
CY2015Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	867100000	USD
CY2014Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1800000	USD
CY2015Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2000000	USD
CY2014Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-1000000	USD
CY2015Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	300000	USD
CY2014Q1	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	1300000	USD
CY2015Q1	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	500000	USD
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5600000	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4600000	USD
CY2014Q4	us-gaap	Assets Assets	1138800000	USD
CY2015Q1	us-gaap	Assets Assets	1122600000	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	374900000	USD
CY2015Q1	us-gaap	Assets Current AssetsCurrent	366200000	USD
CY2014Q4	us-gaap	Billings In Excess Of Cost BillingsInExcessOfCost	52100000	USD
CY2015Q1	us-gaap	Billings In Excess Of Cost BillingsInExcessOfCost	56500000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	55700000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	53600000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34700000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34400000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2100000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-300000	USD
CY2014Q1	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-500000	USD
CY2015Q1	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-200000	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	195000000	shares
CY2015Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	195000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	57801978	shares
CY2015Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	58273919	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	57100000	shares
CY2014Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	57400000	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	57801978	shares
CY2015Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	58273919	shares
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2015Q1	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15100000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-16500000	USD
CY2014Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	73400000	USD
CY2015Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	69600000	USD
CY2014Q1	us-gaap	Cost Of Revenue CostOfRevenue	147500000	USD
CY2015Q1	us-gaap	Cost Of Revenue CostOfRevenue	135600000	USD
CY2014Q1	us-gaap	Cost Of Services CostOfServices	74100000	USD
CY2015Q1	us-gaap	Cost Of Services CostOfServices	66000000	USD
CY2014Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	669800000	USD
CY2015Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	669500000	USD
CY2015Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	5500000	USD
CY2014Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1800000	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Current DeferredTaxLiabilitiesCurrent	30300000	USD
CY2015Q1	us-gaap	Deferred Tax Liabilities Current DeferredTaxLiabilitiesCurrent	30200000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9600000	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8500000	USD
CY2014Q4	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	0	USD
CY2015Q1	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	0	USD
CY2014Q4	us-gaap	Due From Affiliate Noncurrent DueFromAffiliateNoncurrent	0	USD
CY2015Q1	us-gaap	Due From Affiliate Noncurrent DueFromAffiliateNoncurrent	0	USD
CY2014Q4	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	0	USD
CY2015Q1	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	0	USD
CY2014Q4	us-gaap	Due To Affiliate Noncurrent DueToAffiliateNoncurrent	0	USD
CY2015Q1	us-gaap	Due To Affiliate Noncurrent DueToAffiliateNoncurrent	0	USD
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.26
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.28
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	0	USD
CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-300000	USD
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2014Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	46400000	USD
CY2015Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	39200000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	167200000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	171800000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	212600000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	212600000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	45400000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40800000	USD
CY2014Q4	us-gaap	Goodwill Goodwill	596400000	USD
CY2015Q1	us-gaap	Goodwill Goodwill	596400000	USD
CY2014Q4	us-gaap	Goodwill Gross GoodwillGross	843800000	USD
CY2015Q1	us-gaap	Goodwill Gross GoodwillGross	843800000	USD
CY2014Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	247400000	USD
CY2015Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	247400000	USD
CY2014Q1	us-gaap	Gross Profit GrossProfit	52600000	USD
CY2015Q1	us-gaap	Gross Profit GrossProfit	46900000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-12600000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-14100000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-14900000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-16500000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.26
CY2015Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.28
CY2014Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-100000	USD
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	200000	USD
CY2014Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.00
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.00
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2300000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2400000	USD
CY2014Q1	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	3800000	USD
CY2015Q1	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	4400000	USD
CY2014Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-4400000	USD
CY2015Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-4900000	USD
CY2014Q1	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	600000	USD
CY2015Q1	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	500000	USD
CY2014Q1	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	1700000	USD
CY2015Q1	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	1800000	USD
CY2014Q1	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	0	USD
CY2015Q1	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	100000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-13700000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-6400000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-17800000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-9600000	USD
CY2014Q1	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	-100000	USD
CY2015Q1	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	4400000	USD
CY2014Q1	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	0	USD
CY2015Q1	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	1700000	USD
CY2014Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-6300000	USD
CY2015Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-7200000	USD
CY2014Q1	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	1800000	USD
CY2015Q1	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	-100000	USD
CY2014Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	15600000	USD
CY2015Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	10900000	USD
CY2014Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6700000	USD
CY2015Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6000000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-5200000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-2800000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-800000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2300000	USD
CY2014Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2200000	USD
CY2015Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1400000	USD
CY2014Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2015Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-3800000	USD
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	52300000	USD
CY2015Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	47700000	USD
CY2014Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-16100000	USD
CY2015Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-12200000	USD
CY2014Q4	us-gaap	Interest Payable Current InterestPayableCurrent	5600000	USD
CY2015Q1	us-gaap	Interest Payable Current InterestPayableCurrent	16500000	USD
CY2014Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	4700000	USD
CY2015Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	4900000	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	68900000	USD
CY2015Q1	us-gaap	Inventory Net InventoryNet	74800000	USD
CY2014Q4	us-gaap	Inventory Net Of Allowances Customer Advances And Progress Billings InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings	68000000	USD
CY2015Q1	us-gaap	Inventory Net Of Allowances Customer Advances And Progress Billings InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings	72100000	USD
CY2014Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	39800000	USD
CY2015Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	38600000	USD
CY2014Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	22300000	USD
CY2015Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	29200000	USD
CY2014Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2015Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2014Q4	us-gaap	Liabilities Liabilities	914500000	USD
CY2015Q1	us-gaap	Liabilities Liabilities	911100000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1138800000	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1122600000	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	226100000	USD
CY2015Q1	us-gaap	Liabilities Current LiabilitiesCurrent	223000000	USD
CY2014Q4	us-gaap	Long Term Debt LongTermDebt	664000000	USD
CY2015Q1	us-gaap	Long Term Debt LongTermDebt	664000000	USD
CY2014Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	577100000	USD
CY2015Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	591000000	USD
CY2014Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	622000000	USD
CY2015Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	622000000	USD
CY2015Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	6600000	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	25400000	USD
CY2015Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	25100000	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	200000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-400000	USD
CY2014Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	41000000	USD
CY2015Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	41000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-1600000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	200000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1400000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1500000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4700000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	1600000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1700000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2900000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	-15000000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	-16300000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-15900000	USD
CY2015Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-12600000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	3300000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1500000	USD
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	10100000	USD
CY2015Q1	us-gaap	Other Assets Current OtherAssetsCurrent	11100000	USD
CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	32600000	USD
CY2015Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	30800000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-100000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-200000	USD
CY2014Q4	us-gaap	Other Inventory Net Of Reserves OtherInventoryNetOfReserves	2100000	USD
CY2015Q1	us-gaap	Other Inventory Net Of Reserves OtherInventoryNetOfReserves	2100000	USD
CY2014Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	9100000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	3100000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	2200000	USD
CY2014Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1600000	USD
CY2015Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2015Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8500000	USD
CY2015Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8400000	USD
CY2014Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5200000	USD
CY2015Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4800000	USD
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	5400000	USD
CY2015Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	1600000	USD
CY2014Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	USD
CY2015Q1	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	USD
CY2014Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	1600000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	1700000	USD
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5400000	USD
CY2014Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5700000	USD
CY2014Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5300000	USD
CY2015Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5300000	USD
CY2014Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	5300000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	5000000	USD
CY2014Q1	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	400000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	300000	USD
CY2014Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	400000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	100000	USD
CY2014Q4	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	900000	USD
CY2015Q1	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	2700000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	82600000	USD
CY2015Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	81500000	USD
CY2014Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000	USD
CY2015Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000	USD
CY2014Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
CY2015Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
CY2014Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	200000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	200000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-637400000	USD
CY2015Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-653700000	USD
CY2014Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	99500000	USD
CY2015Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	95100000	USD
CY2014Q1	us-gaap	Sales Revenue Net SalesRevenueNet	200100000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	182500000	USD
CY2014Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	100600000	USD
CY2015Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	87400000	USD
CY2014Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	43400000	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	42600000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1800000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2000000	USD
CY2014Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1800000	USD
CY2015Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1800000	USD
CY2014Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	-100000	USD
CY2015Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	295800000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	284100000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	224300000	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	211500000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	224300000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	211500000	USD
CY2015Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	100000	USD
CY2015Q1	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	0	USD
CY2014Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	16400000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	57400000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	58300000	shares
CY2015Q1	us-gaap	Fiscal Period FiscalPeriod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has a 52/53 week fiscal year ending on the last Sunday of the calendar year, with interim fiscal periods ending on the last Sunday of each calendar quarter. The </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> month periods ended </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">March 30, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">March 29, 2015</font><font style="font-family:inherit;font-size:10pt;"> consisted of </font><font style="font-family:inherit;font-size:10pt;">13-week</font><font style="font-family:inherit;font-size:10pt;"> periods, respectively. There are 52 calendar weeks in the fiscal years ending on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 28, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 27, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2015Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting Estimates</font></div><div style="line-height:120%;padding-left:48px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates include revenue recognition, allowance for doubtful accounts, warranties, inventory valuation, valuation of long-lived assets including identifiable intangibles and goodwill, accounting for income taxes including the related valuation allowance on the deferred tax asset and uncertain tax positions, contingencies and litigation, contingent acquisition consideration, stock-based compensation, losses on unused office space, and business combination purchase price allocations. In the future, the Company may realize actual results that differ from the current reported estimates. If the estimates that the Company has used change in the future, such changes could have a material impact on the Company's consolidated financial position, results of operations and cash flows.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In accounting for our long-term contracts for production of products and services provided to the U.S. Government and provided to our Public Safety & Security ("PSS") segment customers under fixed price contracts, we utilize both cost-to-cost and units delivered measures under the percentage-of-completion method of accounting in accordance with the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”)</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> </font><font style="font-family:inherit;font-size:10pt;">Topic 605</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">, Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to the size and nature of many of our contracts accounted for under the percentage-of-completion method of accounting, the estimation of total revenues and costs at completion is complicated and subject to many variables. For example, estimates are made regarding the length of time to complete a contract since costs also include expected increases in wages, prices for materials and allocated fixed costs. Similarly, assumptions are made regarding the future impact of our efficiency initiatives and cost reduction efforts. Incentives, awards or penalties related to performance on contracts are considered in estimating revenue and profit rates and are recorded when there is sufficient information to assess anticipated performance. Suppliers' assertions are also assessed and considered in estimating costs and profit rates.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company closely monitors the consistent application of its critical accounting policies and compliance with contract accounting. Business operations personnel conduct periodic contract status and performance reviews. Also, regular and recurring evaluations of contract cost, scheduling and technical matters are performed by management personnel who are independent from the business operations personnel performing work under the contract. When adjustments in estimated contract revenues or costs are required, any significant changes from prior estimates are included in earnings in the current period ("the cumulative catch-up method").</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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$KTOS
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Stock $ktos

2015 Q2 Form 10-Q Financial Statement

#000106925815000016 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KTOS KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Stock $ktos

2015 Q2 Form 10-Q Financial Statement

#000106925815000016 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KTOS
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Stock $ktos