2022 Q1 Form 10-Q Financial Statement

#000106925822000031 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $196.2M $194.2M
YoY Change 1.03% 14.98%
Cost Of Revenue $144.3M $143.2M
YoY Change 0.77% 16.33%
Gross Profit $51.90M $51.00M
YoY Change 1.76% 11.35%
Gross Profit Margin 26.45% 26.26%
Selling, General & Admin $43.30M $37.90M
YoY Change 14.25% 8.6%
% of Gross Profit 83.43% 74.31%
Research & Development $9.200M $8.000M
YoY Change 15.0% 40.35%
% of Gross Profit 17.73% 15.69%
Depreciation & Amortization $7.000M $6.300M
YoY Change 11.11% 0.0%
% of Gross Profit 13.49% 12.35%
Operating Expenses $52.50M $45.90M
YoY Change 14.38% 13.05%
Operating Profit -$1.200M $4.900M
YoY Change -124.49% 4.26%
Interest Expense -$5.900M -$5.900M
YoY Change 0.0% 9.26%
% of Operating Profit -120.41%
Other Income/Expense, Net -$18.80M -$5.700M
YoY Change 229.82% -3.39%
Pretax Income -$20.00M -$800.0K
YoY Change 2400.0% -33.33%
Income Tax -$4.300M -$2.700M
% Of Pretax Income
Net Earnings -$15.90M $1.900M
YoY Change -936.84% -1050.0%
Net Earnings / Revenue -8.1% 0.98%
Basic Earnings Per Share -$0.12 $0.02
Diluted Earnings Per Share -$0.12 $0.01
COMMON SHARES
Basic Shares Outstanding 125.9M shares 124.1M shares
Diluted Shares Outstanding 125.9M shares 127.7M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $254.4M $383.6M
YoY Change -33.68% 141.87%
Cash & Equivalents $254.4M $383.6M
Short-Term Investments
Other Short-Term Assets $34.60M $21.20M
YoY Change 63.21% 46.21%
Inventory $107.1M $85.70M
Prepaid Expenses $11.10M $13.50M
Receivables $65.90M $85.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $687.9M $768.6M
YoY Change -10.5% 50.62%
LONG-TERM ASSETS
Property, Plant & Equipment $213.1M $187.7M
YoY Change 13.53% 17.75%
Goodwill $522.9M $483.7M
YoY Change 8.1% 4.4%
Intangibles $51.50M $41.60M
YoY Change 23.8% 1.46%
Long-Term Investments
YoY Change
Other Assets $90.10M $83.60M
YoY Change 7.78% 798.92%
Total Long-Term Assets $877.6M $796.6M
YoY Change 10.17% 18.37%
TOTAL ASSETS
Total Short-Term Assets $687.9M $768.6M
Total Long-Term Assets $877.6M $796.6M
Total Assets $1.566B $1.565B
YoY Change 0.02% 32.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $51.70M $51.90M
YoY Change -0.39% 17.16%
Accrued Expenses $34.20M $32.00M
YoY Change 6.88% 12.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.200M $900.0K
YoY Change 33.33% 28.57%
Total Short-Term Liabilities $213.3M $210.2M
YoY Change 1.47% 16.71%
LONG-TERM LIABILITIES
Long-Term Debt $295.0M $300.3M
YoY Change -1.76% 1.69%
Other Long-Term Liabilities $73.90M $72.00M
YoY Change 2.64% -2.57%
Total Long-Term Liabilities $368.9M $372.3M
YoY Change -0.91% 0.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $213.3M $210.2M
Total Long-Term Liabilities $368.9M $372.3M
Total Liabilities $618.0M $621.4M
YoY Change -0.55% 5.66%
SHAREHOLDERS EQUITY
Retained Earnings -$650.3M -$630.5M
YoY Change 3.14% -11.47%
Common Stock $1.582B $1.558B
YoY Change 1.55% 20.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $932.3M $929.0M
YoY Change
Total Liabilities & Shareholders Equity $1.566B $1.565B
YoY Change 0.02% 32.27%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$15.90M $1.900M
YoY Change -936.84% -1050.0%
Depreciation, Depletion And Amortization $7.000M $6.300M
YoY Change 11.11% 0.0%
Cash From Operating Activities -$7.800M $22.20M
YoY Change -135.14% 318.87%
INVESTING ACTIVITIES
Capital Expenditures -$10.80M -$9.600M
YoY Change 12.5% 50.0%
Acquisitions $58.50M $5.100M
YoY Change 1047.06% -64.08%
Other Investing Activities -$58.50M -$5.100M
YoY Change 1047.06% -64.08%
Cash From Investing Activities -$69.30M -$14.70M
YoY Change 371.43% -28.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$17.20M -$4.800M
YoY Change 258.33% -469.23%
NET CHANGE
Cash From Operating Activities -7.800M 22.20M
Cash From Investing Activities -$69.30M -$14.70M
Cash From Financing Activities -$17.20M -$4.800M
Net Change In Cash -$95.00M $2.100M
YoY Change -4623.81% -115.0%
FREE CASH FLOW
Cash From Operating Activities -$7.800M $22.20M
Capital Expenditures -$10.80M -$9.600M
Free Cash Flow $3.000M $31.80M
YoY Change -90.57% 171.79%

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CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2022Q1 us-gaap Earnings Per Share Diluted
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-0.12
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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0 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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125900000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
124100000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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125900000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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127700000 shares
CY2022Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Profit Loss
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1900000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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200000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-15900000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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2100000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
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-15900000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2100000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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925300000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6200000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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1900000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
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7000000.0 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
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6300000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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2500000 USD
CY2021Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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CY2021Q1 us-gaap Net Income Loss
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1900000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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200000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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929000000.0 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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945100000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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7000000.0 USD
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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2900000 USD
CY2022Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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-6800000 USD
CY2022Q1 us-gaap Net Income Loss
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-15900000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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932300000 USD
CY2022Q1 us-gaap Profit Loss
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-15900000 USD
CY2021Q1 us-gaap Profit Loss
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1900000 USD
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-15700000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
100000 USD
CY2022Q1 ktos Operating And Finance Lease Rightof Use Asset Amortization
OperatingAndFinanceLeaseRightofUseAssetAmortization
2600000 USD
CY2021Q1 ktos Operating And Finance Lease Rightof Use Asset Amortization
OperatingAndFinanceLeaseRightofUseAssetAmortization
2200000 USD
CY2022Q1 us-gaap Share Based Compensation
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7000000.0 USD
CY2021Q1 us-gaap Share Based Compensation
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6200000 USD
CY2022Q1 us-gaap Amortization Of Deferred Charges
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300000 USD
CY2021Q1 us-gaap Amortization Of Deferred Charges
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200000 USD
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2022Q1 us-gaap Provision For Doubtful Accounts
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0 USD
CY2021Q1 us-gaap Provision For Doubtful Accounts
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-100000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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-31900000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
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-9800000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
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19800000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Asset
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1800000 USD
CY2022Q1 us-gaap Increase Decrease In Inventories
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15300000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
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4200000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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9500000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2000000.0 USD
CY2022Q1 ktos Increase Decrease In Operating Lease Liabilities
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CY2021Q1 ktos Increase Decrease In Operating Lease Liabilities
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable
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1300000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
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CY2021Q1 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
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5600000 USD
CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
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6200000 USD
CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2021Q1 us-gaap Increase Decrease In Interest Payable Net
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4900000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
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7100000 USD
CY2022Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-4900000 USD
CY2021Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-2200000 USD
CY2021Q1 us-gaap Payments Of Debt Issuance Costs
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CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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22700000 USD
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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58500000 USD
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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5100000 USD
CY2022Q1 us-gaap Payments To Acquire Productive Assets
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10800000 USD
CY2021Q1 us-gaap Payments To Acquire Productive Assets
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CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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200000000.0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
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3200000 USD
CY2022Q1 ktos Credit Agreement Borrowings
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100000000.0 USD
CY2021Q1 ktos Credit Agreement Borrowings
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0 USD
CY2022Q1 us-gaap Repayments Of Debt
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309800000 USD
CY2021Q1 us-gaap Repayments Of Debt
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0 USD
CY2022Q1 us-gaap Finance Lease Principal Payments
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300000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
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200000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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6800000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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7100000 USD
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
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2900000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
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2500000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
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-4800000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2021Q1 us-gaap Net Cash Provided By Used In Continuing Operations
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3200000 USD
CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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100000 USD
CY2021Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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-700000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2100000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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349400000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
381500000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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254400000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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383600000 USD
CY2022Q1 us-gaap Fiscal Period
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Fiscal Year<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has a 52/53 week fiscal year ending on the last Sunday of the calendar year. The three month periods ended March 27, 2022 and March 28, 2021 consisted of 13-week periods. There are 52 calendar weeks in the fiscal years ending on December 25, 2022 and December 26, 2021.</span></div>
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.20
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
Accounting EstimatesThere have been no significant changes in the Company’s accounting estimates for the three months ended March 27, 2022 as compared to the accounting estimates described in the Annual Report on Form 10-K.
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
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982100000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
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0.50
CY2022Q1 us-gaap Contract With Customer Asset Net
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214800000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
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190800000 USD
CY2022Q1 ktos Contract With Customer Asset Increase Decrease
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24000000.0 USD
CY2022Q1 us-gaap Contract With Customer Liability
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49700000 USD
CY2021Q4 us-gaap Contract With Customer Liability
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58100000 USD
CY2022Q1 ktos Contract With Customer Liability Increase Decrease
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-8400000 USD
CY2022Q1 ktos Contract With Customer Asset Liability Net
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165100000 USD
CY2021Q4 ktos Contract With Customer Asset Liability Net
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132700000 USD
CY2022Q1 ktos Contract With Customer Asset Liability Net Increase Decrease
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32400000 USD
CY2022Q1 ktos Contract With Customer Asset Increase Decrease
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24000000 USD
CY2022Q1 ktos Contract With Customer Liability Increase Decrease
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CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
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21200000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
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17000000 USD
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CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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196200000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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194200000 USD
CY2022Q1 us-gaap Goodwill Gross
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776200000 USD
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
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253300000 USD
CY2022Q1 us-gaap Goodwill
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CY2021Q4 us-gaap Goodwill Gross
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CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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253300000 USD
CY2021Q4 us-gaap Goodwill
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493900000 USD
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120400000 USD
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44600000 USD
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155000000.0 USD
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118700000 USD
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36300000 USD
CY2022Q1 ktos Intangible Assets Excluding Goodwill Gross
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171900000 USD
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120400000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
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51500000 USD
CY2021Q4 ktos Intangible Assets Excluding Goodwill Gross
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161900000 USD
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118700000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
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43200000 USD
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
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34900000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
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1400000 USD
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
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66600000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
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58500000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
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28500000 USD
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
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CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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4700000 USD
CY2022Q1 us-gaap Inventory Net Of Allowances Customer Advances And Progress Billings
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107100000 USD
CY2021Q4 us-gaap Inventory Net Of Allowances Customer Advances And Progress Billings
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91700000 USD
CY2022Q1 us-gaap Variable Lease Cost
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CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
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700000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Amortization
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500000 USD
CY2022Q1 us-gaap Finance Lease Interest Expense
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CY2021Q1 us-gaap Finance Lease Interest Expense
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CY2022Q1 us-gaap Operating Lease Cost
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3300000 USD
CY2021Q1 us-gaap Operating Lease Cost
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2900000 USD
CY2022Q1 us-gaap Short Term Lease Cost
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200000 USD
CY2021Q1 us-gaap Short Term Lease Cost
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200000 USD
CY2021Q1 us-gaap Variable Lease Cost
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CY2022Q1 us-gaap Sublease Income
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CY2021Q1 us-gaap Sublease Income
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CY2022Q1 us-gaap Lease Cost
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4900000 USD
CY2021Q1 us-gaap Lease Cost
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4200000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
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39600000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q1 us-gaap Operating Lease Liability Current
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CY2022Q1 us-gaap Operating Lease Liability Current
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10500000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
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10100000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
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33300000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
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33300000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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32700000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset
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38300000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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39000000.0 USD
CY2022Q1 us-gaap Finance Lease Liability Current
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CY2021Q4 us-gaap Finance Lease Liability Current
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1200000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
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CY2021Q4 us-gaap Finance Lease Liability Noncurrent
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CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
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CY2021Q1 us-gaap Finance Lease Interest Payment On Liability
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600000 USD
CY2022Q1 us-gaap Finance Lease Principal Payments
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300000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
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200000 USD
CY2022Q1 us-gaap Operating Lease Payments
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3400000 USD
CY2021Q1 us-gaap Operating Lease Payments
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2800000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3700000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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200000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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0 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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0 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y6M
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y3M10D
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P15Y10M28D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P17Y5M8D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0648
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0650
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0651
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0652
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9800000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
3000000.0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12400000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4100000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9800000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
4200000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8300000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
4200000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4900000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
4300000 USD
CY2022Q1 ktos Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
5300000 USD
CY2022Q1 ktos Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
52800000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
50500000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
72600000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6700000 USD
CY2022Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
28500000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
43800000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
44100000 USD
CY2022Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1000000.0 USD
CY2021Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-200000 USD
CY2022Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-900000 USD
CY2022Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4200000 USD
CY2021Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-200000 USD
CY2021Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-2400000 USD
CY2022Q1 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
200000 USD
CY2021Q1 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
-100000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4300000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2700000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
25900000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
100000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2022Q1 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
500000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
296700000 USD
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
300000000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3300000 USD
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
300000000.0 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
296700000 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
308300000 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
196200000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
194200000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7000000.0 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6300000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1200000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
4900000 USD

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