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

$ktos Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000106925816000085 Filed on August 04, 2016

Income Statement

Concept	2016 Q2	2015 Q2
Revenue	$168.2M	$160.8M
YoY Change	4.6%	-29.87%
Cost Of Revenue	$123.0M	$119.6M
YoY Change	2.84%	-23.38%
Gross Profit	$45.20M	$40.90M
YoY Change	10.51%	-14.97%
Gross Profit Margin	26.87%	25.44%
Selling, General & Admin	$36.40M	$40.30M
YoY Change	-9.68%	0.0%
% of Gross Profit	80.53%	98.53%
Research & Development	$4.000M	$4.300M
YoY Change	-6.98%	-6.52%
% of Gross Profit	8.85%	10.51%
Depreciation & Amortization	$5.600M	$6.700M
YoY Change	-16.42%	-30.93%
% of Gross Profit	12.39%	16.38%
Operating Expenses	$40.40M	$44.60M
YoY Change	-9.42%	-0.67%
Operating Profit	$0.00	-$3.700M
YoY Change	-100.0%	-260.87%
Interest Expense	-$8.700M	-$8.900M
YoY Change	-2.25%	-10.1%
% of Operating Profit
Other Income/Expense, Net	-$8.500M	-$9.900M
YoY Change	-14.14%	-79.88%
Pretax Income	-$8.500M	-$13.60M
YoY Change	-37.5%	-71.0%
Income Tax	$1.800M	$2.300M
% Of Pretax Income
Net Earnings	-$10.40M	-$15.10M
YoY Change	-31.13%	-69.74%
Net Earnings / Revenue	-6.18%	-9.39%
Basic Earnings Per Share	-$0.17	-$0.25
Diluted Earnings Per Share	-$0.17	-$0.25
COMMON SHARES
Basic Shares Outstanding	59.67M shares	53.28M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q2	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$17.60M	$22.20M
YoY Change	-20.72%	-17.47%
Cash & Equivalents	$17.60M	$22.20M
Short-Term Investments
Other Short-Term Assets	$11.40M	$13.50M
YoY Change	-15.56%	28.57%
Inventory	$56.50M	$56.00M
Prepaid Expenses	$11.50M	$9.100M
Receivables	$211.0M	$204.5M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$302.1M	$353.2M
YoY Change	-14.47%	-11.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$51.20M	$60.90M
YoY Change	-15.93%	-27.67%
Goodwill	$483.4M	$483.4M
YoY Change	0.0%	-18.95%
Intangibles	$29.50M	$42.20M
YoY Change	-30.09%	-32.59%
Long-Term Investments
YoY Change
Other Assets	$8.000M	$28.60M
YoY Change	-72.03%	-5.92%
Total Long-Term Assets	$572.1M	$749.4M
YoY Change	-23.66%	-3.13%
TOTAL ASSETS
Total Short-Term Assets	$302.1M	$353.2M
Total Long-Term Assets	$572.1M	$749.4M
Total Assets	$874.2M	$1.103B
YoY Change	-20.71%	-5.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$47.90M	$46.20M
YoY Change	3.68%	-34.09%
Accrued Expenses	$31.00M	$28.30M
YoY Change	9.54%	-30.64%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$167.6M	$215.9M
YoY Change	-22.37%	-12.56%
LONG-TERM LIABILITIES
Long-Term Debt	$444.7M	$622.0M
YoY Change	-28.5%	0.02%
Other Long-Term Liabilities	$32.50M	$24.40M
YoY Change	33.2%	-3.17%
Total Long-Term Liabilities	$477.2M	$646.4M
YoY Change	-26.18%	-0.11%
TOTAL LIABILITIES
Total Short-Term Liabilities	$167.6M	$215.9M
Total Long-Term Liabilities	$477.2M	$646.4M
Total Liabilities	$648.6M	$903.9M
YoY Change	-28.24%	-3.33%
SHAREHOLDERS EQUITY
Retained Earnings	-$650.2M	-$668.7M
YoY Change	-2.77%	7.11%
Common Stock	$877.3M	$869.0M
YoY Change	0.96%	0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$225.6M	$198.7M
YoY Change
Total Liabilities & Shareholders Equity	$874.2M	$1.103B
YoY Change	-20.71%	-5.93%

Cashflow Statement

Concept	2016 Q2	2015 Q2
OPERATING ACTIVITIES
Net Income	-$10.40M	-$15.10M
YoY Change	-31.13%	-69.74%
Depreciation, Depletion And Amortization	$5.600M	$6.700M
YoY Change	-16.42%	-30.93%
Cash From Operating Activities	-$600.0K	-$8.300M
YoY Change	-92.77%	-42.76%
INVESTING ACTIVITIES
Capital Expenditures	-$1.400M	-$3.300M
YoY Change	-57.58%	17.86%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$1.800M
YoY Change	-100.0%	-1900.0%
Cash From Investing Activities	-$1.400M	-$1.500M
YoY Change	-6.67%	-48.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-400.0K	-1.100M
YoY Change	-63.64%	-89.91%
NET CHANGE
Cash From Operating Activities	-600.0K	-8.300M
Cash From Investing Activities	-1.400M	-1.500M
Cash From Financing Activities	-400.0K	-1.100M
Net Change In Cash	-2.400M	-10.90M
YoY Change	-77.98%	-61.48%
FREE CASH FLOW
Cash From Operating Activities	-$600.0K	-$8.300M
Capital Expenditures	-$1.400M	-$3.300M
Free Cash Flow	$800.0K	-$5.000M
YoY Change	-116.0%	-57.26%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-25
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-26
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001069258
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	60435980	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
CY2015Q4	ktos	Accrued Expenses Current AccruedExpensesCurrent	37000000	USD
CY2016Q2	ktos	Accrued Expenses Current AccruedExpensesCurrent	34800000	USD
CY2015Q4	ktos	Disposal Group Including Discontinued Operation Employeerelated Liabilities Current DisposalGroupIncludingDiscontinuedOperationEmployeerelatedLiabilitiesCurrent	900000	USD
CY2016Q2	ktos	Disposal Group Including Discontinued Operation Employeerelated Liabilities Current DisposalGroupIncludingDiscontinuedOperationEmployeerelatedLiabilitiesCurrent	900000	USD
CY2015Q2	ktos	Equity In Net Income Loss Of Subsidiaries EquityInNetIncomeLossOfSubsidiaries	0	USD
	ktos	Equity In Net Income Loss Of Subsidiaries EquityInNetIncomeLossOfSubsidiaries	0	USD
CY2016Q2	ktos	Equity In Net Income Loss Of Subsidiaries EquityInNetIncomeLossOfSubsidiaries	0	USD
	ktos	Equity In Net Income Loss Of Subsidiaries EquityInNetIncomeLossOfSubsidiaries	0	USD
CY2015	ktos	Fiscal Year Duration FiscalYearDuration	P364D
	ktos	Fiscal Year Duration FiscalYearDuration	P364D
	ktos	Fiscal Year To Date Duration FiscalYearToDateDuration	P91D
	ktos	Fiscal Year To Date Duration FiscalYearToDateDuration	P91D
CY2015Q2	ktos	Impairment Charges And Adjustments To Unused Office Space Liability ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability	0	USD
	ktos	Impairment Charges And Adjustments To Unused Office Space Liability ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability	900000	USD
CY2016Q2	ktos	Impairment Charges And Adjustments To Unused Office Space Liability ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability	4800000	USD
	ktos	Impairment Charges And Adjustments To Unused Office Space Liability ImpairmentChargesAndAdjustmentsToUnusedOfficeSpaceLiability	10300000	USD
CY2015Q2	ktos	Income Tax Reconciliation State Income Taxes And Foreign Income Tax Rate Differential IncomeTaxReconciliationStateIncomeTaxesAndForeignIncomeTaxRateDifferential	400000	USD
	ktos	Income Tax Reconciliation State Income Taxes And Foreign Income Tax Rate Differential IncomeTaxReconciliationStateIncomeTaxesAndForeignIncomeTaxRateDifferential	800000	USD
CY2016Q2	ktos	Income Tax Reconciliation State Income Taxes And Foreign Income Tax Rate Differential IncomeTaxReconciliationStateIncomeTaxesAndForeignIncomeTaxRateDifferential	1000000	USD
	ktos	Income Tax Reconciliation State Income Taxes And Foreign Income Tax Rate Differential IncomeTaxReconciliationStateIncomeTaxesAndForeignIncomeTaxRateDifferential	1400000	USD
CY2015Q4	ktos	Intangible Assets Excluding Goodwill Gross IntangibleAssetsExcludingGoodwillGross	192100000	USD
CY2016Q2	ktos	Intangible Assets Excluding Goodwill Gross IntangibleAssetsExcludingGoodwillGross	109800000	USD
CY2015Q4	ktos	Long Term Debt And Unamortized Premium Noncurrent LongTermDebtAndUnamortizedPremiumNoncurrent	444100000	USD
CY2016Q2	ktos	Long Term Debt And Unamortized Premium Noncurrent LongTermDebtAndUnamortizedPremiumNoncurrent	444700000	USD
CY2015Q3	ktos	Numberof Subsidiaries With Unallowable Costsfrom Defense Contract Audit Agency NumberofSubsidiariesWithUnallowableCostsfromDefenseContractAuditAgency	1	subsidiary
CY2010Q1	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
	ktos	Payments For Proceeds From Investment In Affiliated Companies PaymentsForProceedsFromInvestmentInAffiliatedCompanies	0	USD
	ktos	Payments For Proceeds From Investment In Affiliated Companies PaymentsForProceedsFromInvestmentInAffiliatedCompanies	0	USD
CY2015Q4	ktos	Restricted Cash And Cash Equivalents At Carrying Value Prepaid Expense And Other Assets Current RestrictedCashAndCashEquivalentsAtCarryingValuePrepaidExpenseAndOtherAssetsCurrent	29500000	USD
CY2016Q2	ktos	Restricted Cash And Cash Equivalents At Carrying Value Prepaid Expense And Other Assets Current RestrictedCashAndCashEquivalentsAtCarryingValuePrepaidExpenseAndOtherAssetsCurrent	23600000	USD
CY2015Q2	ktos	Selling General And Administrative Expense Business Acquisition Related Costs And Other Impairment Charges SellingGeneralAndAdministrativeExpenseBusinessAcquisitionRelatedCostsAndOtherImpairmentCharges	40300000	USD
	ktos	Selling General And Administrative Expense Business Acquisition Related Costs And Other Impairment Charges SellingGeneralAndAdministrativeExpenseBusinessAcquisitionRelatedCostsAndOtherImpairmentCharges	78600000	USD
CY2016Q2	ktos	Selling General And Administrative Expense Business Acquisition Related Costs And Other Impairment Charges SellingGeneralAndAdministrativeExpenseBusinessAcquisitionRelatedCostsAndOtherImpairmentCharges	41200000	USD
	ktos	Selling General And Administrative Expense Business Acquisition Related Costs And Other Impairment Charges SellingGeneralAndAdministrativeExpenseBusinessAcquisitionRelatedCostsAndOtherImpairmentCharges	84400000	USD
	ktos	Stock Issued During Period Shares Employee Stock Purchase Plan Stock Options And Restricted Stock Units StockIssuedDuringPeriodSharesEmployeeStockPurchasePlanStockOptionsAndRestrictedStockUnits	600000	shares
	ktos	Stock Issued During Period Shares Employee Stock Purchase Plan Stock Options And Restricted Stock Units StockIssuedDuringPeriodSharesEmployeeStockPurchasePlanStockOptionsAndRestrictedStockUnits	600000	shares
CY2010Q1	ktos	Threshold Period For Change In Allowed Annual Amount Of Operating Loss Carryforward To Be Recognized ThresholdPeriodForChangeInAllowedAnnualAmountOfOperatingLossCarryforwardToBeRecognized	P5Y
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	48300000	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	47900000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	206800000	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	211000000	USD
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	33100000	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	31000000	USD
CY2015Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1600000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1400000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1500000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	873200000	USD
CY2016Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	877300000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	200000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	300000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4000000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3100000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	600000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	400000	USD
	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	1000000	USD
	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	800000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7300000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5300000	USD
CY2015Q4	us-gaap	Assets Assets	903300000	USD
CY2016Q2	us-gaap	Assets Assets	874200000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	320400000	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	302100000	USD
CY2015Q4	us-gaap	Billings In Excess Of Cost BillingsInExcessOfCost	42300000	USD
CY2016Q2	us-gaap	Billings In Excess Of Cost BillingsInExcessOfCost	43200000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	22200000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33500000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	28500000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	17600000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-11300000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-10900000	USD
	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	-500000	USD
	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	4500000	USD
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	3500000	USD
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	100000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	195000000	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	195000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	59139651	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	59675841	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	57800000	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	58400000	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	59139651	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	59100000	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	59675841	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	59700000	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-14700000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-31200000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-10500000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-32700000	USD
CY2015Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	52500000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	105100000	USD
CY2016Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	58600000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	115400000	USD
CY2015Q2	us-gaap	Cost Of Revenue CostOfRevenue	119600000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	238200000	USD
CY2016Q2	us-gaap	Cost Of Revenue CostOfRevenue	123000000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	240100000	USD
CY2015Q2	us-gaap	Cost Of Services CostOfServices	67100000	USD
	us-gaap	Cost Of Services CostOfServices	133100000	USD
CY2016Q2	us-gaap	Cost Of Services CostOfServices	64400000	USD
	us-gaap	Cost Of Services CostOfServices	124700000	USD
CY2015Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	452700000	USD
CY2016Q2	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	452200000	USD
CY2015Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	3300000	USD
CY2016Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	2900000	USD
CY2015	us-gaap	Debt Issuance Costs DebtIssuanceCosts	4300000	USD
	us-gaap	Debt Issuance Costs DebtIssuanceCosts	3600000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3600000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2000000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	13600000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11700000	USD
CY2015Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Before Income Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax	-700000	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Before Income Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax	-2100000	USD
CY2016Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Before Income Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax	-100000	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Before Income Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax	-100000	USD
CY2015Q2	us-gaap	Discontinued Operation Tax Effect Of Discontinued Operation DiscontinuedOperationTaxEffectOfDiscontinuedOperation	-1600000	USD
	us-gaap	Discontinued Operation Tax Effect Of Discontinued Operation DiscontinuedOperationTaxEffectOfDiscontinuedOperation	-1200000	USD
CY2016Q2	us-gaap	Discontinued Operation Tax Effect Of Discontinued Operation DiscontinuedOperationTaxEffectOfDiscontinuedOperation	0	USD
	us-gaap	Discontinued Operation Tax Effect Of Discontinued Operation DiscontinuedOperationTaxEffectOfDiscontinuedOperation	0	USD
CY2015Q4	us-gaap	Disposal Group Including Discontinued Operation Other Current Liabilities DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities	1000000	USD
CY2016Q2	us-gaap	Disposal Group Including Discontinued Operation Other Current Liabilities DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities	1000000	USD
CY2015Q4	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	0	USD
CY2016Q2	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	0	USD
CY2015Q4	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	0	USD
CY2016Q2	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	0	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.25
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.54
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.17
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.55
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	0	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-100000	USD
CY2015Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2015Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	36800000	USD
CY2016Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	34200000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	155600000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	80300000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	185200000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	102900000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	29600000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	22600000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	483400000	USD
CY2016Q2	us-gaap	Goodwill Goodwill	483400000	USD
CY2015Q4	us-gaap	Goodwill Gross GoodwillGross	730800000	USD
CY2016Q2	us-gaap	Goodwill Gross GoodwillGross	730800000	USD
CY2015Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	247400000	USD
CY2016Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	247400000	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	40900000	USD
	us-gaap	Gross Profit GrossProfit	79200000	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	45200000	USD
	us-gaap	Gross Profit GrossProfit	81100000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-13600000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-26200000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-8500000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-27100000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-15900000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-30400000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-10300000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-32500000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.27
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.52
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.17
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.54
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	900000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-900000	USD
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-100000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-100000	USD
CY2015Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.02
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.02
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.00
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.01
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2300000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4200000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1800000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5400000	USD
CY2015Q2	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	4100000	USD
	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	8100000	USD
CY2016Q2	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	2700000	USD
	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	8800000	USD
CY2015Q2	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-4500000	USD
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-9000000	USD
CY2016Q2	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-3000000	USD
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-9500000	USD
CY2015Q2	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	500000	USD
	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	900000	USD
CY2016Q2	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	300000	USD
	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	700000	USD
CY2015Q2	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	1800000	USD
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	3300000	USD
CY2016Q2	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	800000	USD
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	2300000	USD
CY2015Q2	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	0	USD
	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	100000	USD
CY2016Q2	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	0	USD
	us-gaap	Income Tax Reconciliation Tax Contingencies IncomeTaxReconciliationTaxContingencies	1700000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1200000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1300000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-12400000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-7100000	USD
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	100000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	6200000	USD
	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	300000	USD
	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	900000	USD
	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	5600000	USD
	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	5900000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	0	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	0	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-2700000	USD
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	-2600000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	7700000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	3200000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-4100000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-2000000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2300000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	400000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3700000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-600000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-4700000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	36500000	USD
CY2016Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	29500000	USD
CY2015Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-8900000	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-17700000	USD
CY2016Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-8700000	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-17400000	USD
CY2015Q4	us-gaap	Interest Payable Current InterestPayableCurrent	3900000	USD
CY2016Q2	us-gaap	Interest Payable Current InterestPayableCurrent	3800000	USD
CY2015Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	2600000	USD
CY2016Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1200000	USD
	us-gaap	Restructuring Charges RestructuringCharges	7700000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	56300000	USD
CY2016Q2	us-gaap	Inventory Net InventoryNet	56500000	USD
CY2015Q4	us-gaap	Inventory Net Of Allowances Customer Advances And Progress Billings InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings	55600000	USD
CY2016Q2	us-gaap	Inventory Net Of Allowances Customer Advances And Progress Billings InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings	49900000	USD
CY2015Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	32900000	USD
CY2016Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	29900000	USD
CY2015Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	19200000	USD
CY2016Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	23800000	USD
CY2015Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2016Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2015Q4	us-gaap	Liabilities Liabilities	649100000	USD
CY2016Q2	us-gaap	Liabilities Liabilities	648600000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	903300000	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	874200000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	172400000	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	167600000	USD
CY2015Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	1900000	USD
CY2016Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	1900000	USD
CY2015Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Noncurrent LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent	4100000	USD
CY2016Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Noncurrent LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent	3800000	USD
	us-gaap	Litigation Settlement Expense LitigationSettlementExpense	0	USD
	us-gaap	Litigation Settlement Expense LitigationSettlementExpense	1700000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	445100000	USD
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	445700000	USD
CY2015Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	315200000	USD
CY2016Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	348600000	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	444100000	USD
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	444700000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-14300000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-15400000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	400000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	500000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	400000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-3500000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-15100000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-12400000	USD
	us-gaap	Proceeds From Repurchase Of Equity ProceedsFromRepurchaseOfEquity	1600000	USD
	us-gaap	Proceeds From Repurchase Of Equity ProceedsFromRepurchaseOfEquity	1000000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	-10400000	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	-15000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-31300000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-32600000	USD
CY2015Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-9900000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-18600000	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8500000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-16900000	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-3700000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-7600000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	0	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-10200000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	18200000	USD
CY2016Q2	us-gaap	Other Assets Current OtherAssetsCurrent	11400000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6800000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	8000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	300000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	100000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-100000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-100000	USD
CY2015Q4	us-gaap	Other Inventory Net Of Reserves OtherInventoryNetOfReserves	1600000	USD
CY2016Q2	us-gaap	Other Inventory Net Of Reserves OtherInventoryNetOfReserves	1600000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	6100000	USD
CY2016Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	5600000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	28500000	USD
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	32500000	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-900000	USD
CY2016Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	200000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	500000	USD
	us-gaap	Payments For Proceeds From Previous Acquisition PaymentsForProceedsFromPreviousAcquisition	700000	USD
	us-gaap	Payments For Proceeds From Previous Acquisition PaymentsForProceedsFromPreviousAcquisition	0	USD
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	5200000	USD
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	3500000	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	10600000	USD
CY2016Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	11500000	USD
	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	USD
	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	USD
	us-gaap	Proceeds From Sale Of Other Assets Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities	900000	USD
	us-gaap	Proceeds From Sale Of Other Assets Investing Activities ProceedsFromSaleOfOtherAssetsInvestingActivities	0	USD
CY2015Q4	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	700000	USD
CY2016Q2	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	6600000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	56200000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	51200000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	600000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	200000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	500000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	500000	USD
CY2015Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4300000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8200000	USD
CY2016Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	6900000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	700000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	700000	USD
	us-gaap	Restructuring Charges RestructuringCharges	0	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-617600000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-650200000	USD
CY2015Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	71700000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	141300000	USD
CY2016Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	80000000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	150400000	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	160500000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	317400000	USD
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	168200000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	321200000	USD
CY2015Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	88800000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	176100000	USD
CY2016Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	88200000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	170800000	USD
CY2015Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	40300000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	77700000	USD
CY2016Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	36400000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	74100000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3900000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3100000	USD
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1800000	USD
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1300000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	224300000	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	198700000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	254200000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	225600000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	254200000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	225600000	USD
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	100000	USD
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	700000	USD
	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	1300000	USD
CY2015Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	17200000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	58400000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	58300000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	59800000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	59700000	shares
	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 and six</font><font style="font-family:inherit;font-size:10pt;"> month periods ended </font><font style="font-family:inherit;font-size:10pt;">June 26, 2016</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;">June 28, 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. There are 52 calendar weeks in the fiscal years ending on </font><font style="font-family:inherit;font-size:10pt;">December 25, 2016</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>
	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;">There have been no significant changes in the Company’s accounting estimates for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 26, 2016</font><font style="font-family:inherit;font-size:10pt;"> as compared to the accounting estimates described in the Form 10-K. Subsequent to </font><font style="font-family:inherit;font-size:10pt;">June 26, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company was awarded a competitive, </font><font style="font-family:inherit;font-size:10pt;">$40.8 million</font><font style="font-family:inherit;font-size:10pt;"> single award, cost-share contract by the Air Force Research Laboratory (“AFRL”) for the Low-Cost Attritable Strike Unmanned Aerial System (“UAS”) Demonstration (“LCASD”). Under the terms of this contract, the Company will receive </font><font style="font-family:inherit;font-size:10pt;">$7.3 million</font><font style="font-family:inherit;font-size:10pt;"> in government funding, and will be required to invest up to </font><font style="font-family:inherit;font-size:10pt;">$33.5 million</font><font style="font-family:inherit;font-size:10pt;"> over the approximate 30 month period of performance. The Company is making this investment in order to retain the related intellectual property and system rights. The Company expects to record a loss accrual related to this contract in the third quarter of </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">. The Company is currently in the process of determining the amount of the loss accrual.</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>

Files In Submission

Name	View Source	Status
0001069258-16-000085-index-headers.html	Edgar Link	pending
0001069258-16-000085-index.html	Edgar Link	pending
0001069258-16-000085.txt	Edgar Link	pending
0001069258-16-000085-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
ktos-20160626.xml	Edgar Link	completed
ktos-20160626.xsd	Edgar Link	pending
ktos-20160626_cal.xml	Edgar Link	unprocessable
ktos-20160626_def.xml	Edgar Link	unprocessable
ktos-20160626_lab.xml	Edgar Link	unprocessable
ktos-20160626_pre.xml	Edgar Link	unprocessable
ktos2016062610-q.htm	Edgar Link	pending
ktos20160626ex-311.htm	Edgar Link	pending
ktos20160626ex-312.htm	Edgar Link	pending
ktos20160626ex-321.htm	Edgar Link	pending
ktos20160626ex-322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

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

2016 Q2 Form 10-Q Financial Statement

#000106925816000085 Filed on August 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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

2016 Q2 Form 10-Q Financial Statement

#000106925816000085 Filed on August 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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