2023 Q2 Form 10-Q Financial Statement

#000106925823000027 Filed on May 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $256.9M $231.8M
YoY Change 14.59% 18.14%
Cost Of Revenue $193.0M $172.4M
YoY Change 15.99% 19.47%
Gross Profit $63.90M $59.40M
YoY Change 10.55% 14.45%
Gross Profit Margin 24.87% 25.63%
Selling, General & Admin $47.30M $47.80M
YoY Change 6.29% 10.39%
% of Gross Profit 74.02% 80.47%
Research & Development $9.900M $10.20M
YoY Change 7.61% 10.87%
% of Gross Profit 15.49% 17.17%
Depreciation & Amortization $7.900M $7.900M
YoY Change 14.49% 12.86%
% of Gross Profit 12.36% 13.3%
Operating Expenses $57.20M $58.00M
YoY Change 6.52% 10.48%
Operating Profit $6.700M $500.0K
YoY Change -452.63% -141.67%
Interest Expense -$5.100M -$5.300M
YoY Change 75.86% -10.17%
% of Operating Profit -76.12% -1060.0%
Other Income/Expense, Net $200.0K -$5.600M
YoY Change -106.9% -70.21%
Pretax Income $1.800M -$5.100M
YoY Change -137.5% -74.5%
Income Tax $2.400M $700.0K
% Of Pretax Income 133.33%
Net Earnings -$2.700M -$7.000M
YoY Change -42.55% -55.97%
Net Earnings / Revenue -1.05% -3.02%
Basic Earnings Per Share -$0.02 -$0.05
Diluted Earnings Per Share -$0.02 -$0.05
COMMON SHARES
Basic Shares Outstanding 127.6M shares 126.7M shares
Diluted Shares Outstanding 129.1M shares 128.1M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.20M $46.70M
YoY Change -66.15% -81.64%
Cash & Equivalents $48.20M $46.70M
Short-Term Investments
Other Short-Term Assets $56.00M $39.30M
YoY Change 53.42% 13.58%
Inventory $145.9M $134.0M
Prepaid Expenses $12.80M $14.30M
Receivables $337.7M $143.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $587.8M $588.1M
YoY Change -5.85% -14.51%
LONG-TERM ASSETS
Property, Plant & Equipment $266.8M $260.2M
YoY Change 6.59% 22.1%
Goodwill $558.2M $558.2M
YoY Change 1.14% 6.75%
Intangibles $52.20M $53.60M
YoY Change -19.57% 4.08%
Long-Term Investments
YoY Change
Other Assets $97.80M $97.00M
YoY Change 6.42% 7.66%
Total Long-Term Assets $975.0M $969.0M
YoY Change 1.67% 10.41%
TOTAL ASSETS
Total Short-Term Assets $587.8M $588.1M
Total Long-Term Assets $975.0M $969.0M
Total Assets $1.563B $1.557B
YoY Change -1.29% -0.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.40M $54.90M
YoY Change 0.34% 6.19%
Accrued Expenses $108.1M $35.90M
YoY Change 200.28% 4.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.400M $1.700M
YoY Change -17.65% 41.67%
Total Short-Term Liabilities $250.9M $245.0M
YoY Change 10.14% 14.86%
LONG-TERM LIABILITIES
Long-Term Debt $281.9M $250.3M
YoY Change -4.05% -15.15%
Other Long-Term Liabilities $69.70M $76.80M
YoY Change -15.92% 3.92%
Total Long-Term Liabilities $351.6M $327.1M
YoY Change -6.66% -11.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $250.9M $245.0M
Total Long-Term Liabilities $351.6M $327.1M
Total Liabilities $617.2M $613.5M
YoY Change -3.17% -0.73%
SHAREHOLDERS EQUITY
Retained Earnings -$681.0M -$678.3M
YoY Change 3.97% 4.31%
Common Stock $1.624B $1.610B
YoY Change 1.92% 1.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $945.6M $931.2M
YoY Change
Total Liabilities & Shareholders Equity $1.563B $1.557B
YoY Change -1.29% -0.54%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$2.700M -$7.000M
YoY Change -42.55% -55.97%
Depreciation, Depletion And Amortization $7.900M $7.900M
YoY Change 14.49% 12.86%
Cash From Operating Activities $23.50M -$25.70M
YoY Change -206.33% 229.49%
INVESTING ACTIVITIES
Capital Expenditures $11.20M $7.700M
YoY Change -200.9% -171.3%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $8.300M $0.00
YoY Change -111.32% -100.0%
Cash From Investing Activities -$2.900M -$7.700M
YoY Change -96.56% -88.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.40M -$1.400M
YoY Change 288.0% -91.86%
NET CHANGE
Cash From Operating Activities 23.50M -25.70M
Cash From Investing Activities -2.900M -$7.700M
Cash From Financing Activities -19.40M -$1.400M
Net Change In Cash 1.200M -$34.60M
YoY Change -101.08% -63.58%
FREE CASH FLOW
Cash From Operating Activities $23.50M -$25.70M
Capital Expenditures $11.20M $7.700M
Free Cash Flow $12.30M -$33.40M
YoY Change -211.82% -1213.33%

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CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2023Q1 us-gaap Earnings Per Share Diluted
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CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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128100000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q1 us-gaap Profit Loss
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CY2022Q1 us-gaap Profit Loss
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CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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300000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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0 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1200000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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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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CY2022Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
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CY2022Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
932300000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6600000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
300000 usd
CY2023Q1 us-gaap Minority Interest Period Increase Decrease
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-5300000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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931200000 usd
CY2023Q1 us-gaap Profit Loss
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-5800000 usd
CY2022Q1 us-gaap Profit Loss
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CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2023Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7900000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7000000.0 usd
CY2023Q1 ktos Operating And Finance Lease Rightof Use Asset Amortization
OperatingAndFinanceLeaseRightofUseAssetAmortization
2700000 usd
CY2022Q1 ktos Operating And Finance Lease Rightof Use Asset Amortization
OperatingAndFinanceLeaseRightofUseAssetAmortization
2600000 usd
CY2023Q1 us-gaap Share Based Compensation
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6600000 usd
CY2022Q1 us-gaap Share Based Compensation
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7000000.0 usd
CY2023Q1 us-gaap Amortization Of Deferred Charges
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200000 usd
CY2022Q1 us-gaap Amortization Of Deferred Charges
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300000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
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CY2023Q1 us-gaap Provision For Doubtful Accounts
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CY2022Q1 us-gaap Provision For Doubtful Accounts
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CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
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CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
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19800000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
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8300000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
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15300000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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7800000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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9500000 usd
CY2023Q1 ktos Increase Decrease In Operating Lease Liabilities
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CY2022Q1 ktos Increase Decrease In Operating Lease Liabilities
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CY2023Q1 us-gaap Increase Decrease In Accounts Payable
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable
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CY2023Q1 us-gaap Increase Decrease In Other Accrued Liabilities
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2000000.0 usd
CY2022Q1 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2023Q1 us-gaap Increase Decrease In Employee Related Liabilities
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CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
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5600000 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
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3200000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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CY2022Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
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-5200000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2023Q1 us-gaap Payments To Acquire Productive Assets
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7700000 usd
CY2022Q1 us-gaap Payments To Acquire Productive Assets
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10800000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2023Q1 us-gaap Proceeds From Lines Of Credit
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CY2022Q1 us-gaap Proceeds From Lines Of Credit
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100000000.0 usd
CY2023Q1 us-gaap Repayments Of Other Long Term Debt
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CY2022Q1 us-gaap Repayments Of Other Long Term Debt
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CY2023Q1 us-gaap Repayments Of Long Term Lines Of Credit
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16300000 usd
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
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CY2023Q1 us-gaap Payments Of Debt Issuance Costs
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CY2022Q1 us-gaap Payments Of Debt Issuance Costs
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CY2023Q1 us-gaap Finance Lease Principal Payments
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CY2022Q1 us-gaap Finance Lease Principal Payments
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300000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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2600000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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6800000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
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2900000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
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2900000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2022Q1 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2023Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2023Q1 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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200000 usd
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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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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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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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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81300000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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349400000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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46700000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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254400000 usd
CY2023Q1 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 26, 2023 and March 27, 2022 consisted of 13-week periods. There are 53 calendar weeks in the fiscal year ending on December 31, 2023 and 52 calendar weeks in the fiscal year ending December 25, 2022.</span></div>
CY2023Q1 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 26, 2023 as compared to the accounting estimates described in the Annual Report on Form 10-K.
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
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1132400000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
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0.23
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CY2022Q4 us-gaap Contract With Customer Asset Net
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CY2023Q1 us-gaap Contract With Customer Liability
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CY2023Q1 ktos Contract With Customer Asset Liability Net
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CY2022Q4 ktos Contract With Customer Asset Liability Net
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CY2023Q1 ktos Contract With Customer Asset Liability Net Increase Decrease
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CY2023Q1 ktos Contract With Customer Asset Increase Decrease
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CY2023Q1 ktos Contract With Customer Liability Increase Decrease
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CY2023Q1 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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CY2022Q4 us-gaap Goodwill Gross
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CY2023Q1 us-gaap Goodwill Gross
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CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2023Q1 us-gaap Goodwill
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CY2022Q4 us-gaap Goodwill
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48300000 usd
CY2023Q1 ktos Intangible Assets Excluding Goodwill Gross
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181200000 usd
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CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
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CY2022Q4 ktos Intangible Assets Excluding Goodwill Gross
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126000000.0 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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55200000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
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CY2022Q1 us-gaap Amortization Of Intangible Assets
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CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
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CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
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CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
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CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
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CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2023Q1 us-gaap Inventory Net Of Allowances Customer Advances And Progress Billings
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CY2022Q4 us-gaap Inventory Net Of Allowances Customer Advances And Progress Billings
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CY2023Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2023Q1 us-gaap Finance Lease Interest Expense
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CY2022Q1 us-gaap Finance Lease Interest Expense
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CY2023Q1 us-gaap Operating Lease Cost
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CY2022Q1 us-gaap Operating Lease Cost
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CY2023Q1 us-gaap Short Term Lease Cost
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CY2022Q1 us-gaap Short Term Lease Cost
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CY2023Q1 us-gaap Variable Lease Cost
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CY2022Q1 us-gaap Variable Lease Cost
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CY2023Q1 us-gaap Sublease Income
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CY2022Q1 us-gaap Sublease Income
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CY2023Q1 us-gaap Lease Cost
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CY2022Q1 us-gaap Lease Cost
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CY2023Q1 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2023Q1 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2023Q1 us-gaap Operating Lease Liability Noncurrent
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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CY2023Q1 us-gaap Finance Lease Right Of Use Asset
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset
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CY2023Q1 us-gaap Finance Lease Liability Current
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CY2023Q1 us-gaap Finance Lease Liability Noncurrent
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CY2022Q4 us-gaap Finance Lease Liability Noncurrent
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CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
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CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
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CY2023Q1 us-gaap Finance Lease Principal Payments
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CY2022Q1 us-gaap Finance Lease Principal Payments
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CY2023Q1 us-gaap Operating Lease Payments
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CY2022Q1 us-gaap Operating Lease Payments
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CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y11M8D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y6M
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y11M15D
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y10M28D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0488
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0648
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0602
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0651
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10200000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
3500000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12300000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4700000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10600000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
4800000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9000000.0 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
4800000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7800000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
4900000 usd
CY2023Q1 ktos Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
7200000 usd
CY2023Q1 ktos Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
56200000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
57100000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
78900000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6000000.0 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
27700000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
51100000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
51200000 usd
CY2023Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1100000 usd
CY2022Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4200000 usd
CY2023Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1600000 usd
CY2022Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1000000.0 usd
CY2023Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
400000 usd
CY2022Q1 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-900000 usd
CY2023Q1 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
200000 usd
CY2022Q1 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
200000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4300000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
25000000 usd
CY2023Q1 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 Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 usd
CY2023Q1 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
100000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
231800000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
196200000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7900000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7000000.0 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
500000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1200000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
11200000 usd
CY2022 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
3100000 usd
CY2023Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
900000 usd

Files In Submission

Name View Source Status
ktos-20230326_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
ktos-20230326_pre.xml Edgar Link unprocessable
0001069258-23-000027-index-headers.html Edgar Link pending
0001069258-23-000027-index.html Edgar Link pending
0001069258-23-000027.txt Edgar Link pending
0001069258-23-000027-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ktos-20230326.htm Edgar Link pending
ktos-20230326.xsd Edgar Link pending
ktos-20230326_def.xml Edgar Link unprocessable
ktos-20230326_lab.xml Edgar Link unprocessable
ktos-20230326_htm.xml Edgar Link completed
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