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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 29, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Information
Summarized quarterly data for the years ended December 29, 2019 and December 30, 2018, is as follows (in millions, except per share data):

 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Fiscal year 2019
 
 
 
 
 
 
 
Revenues
$
160.4

 
$
187.9

 
$
184.1

 
$
185.1

Gross profit
44.9

 
48.1

 
48.6

 
48.4

Operating income
8.2

 
9.0

 
11.5

 
9.3

Provision (benefit) for income taxes
(1.5
)
 
2.5

 
2.8

 
1.0

Income from continuing operations
3.7

 
1.3

 
2.6

 
3.3

Income (loss) from discontinued operations
(0.6
)
 
3.0

 

 
(0.7
)
Net income
$
3.1

 
$
4.3

 
$
2.6

 
$
2.6

Less: Net income (loss) attributable to noncontrolling interest

 
0.4

 
0.1

 
(0.4
)
Net income attributable to Kratos
3.1

 
3.9

 
2.5

 
3.0

Basic income (loss) per common share attributable to Kratos:
 
 
 
 
 
 
 
   Income from continuing operations
$
0.04

 
$
0.01

 
$
0.02

 
$
0.03

   Income (loss) from discontinued operations
$
(0.01
)
 
$
0.03

 
$

 
$

     Net income per common share
$
0.03

 
$
0.04

 
$
0.02

 
$
0.03

Diluted income per common share attributable to Kratos:
 
 
 
 
 
 
 
   Income from continuing operations
$
0.03

 
$
0.01

 
$
0.02

 
$
0.03

   Income from discontinued operations
$

 
$
0.03

 
$

 
$

     Net income per common share
$
0.03

 
$
0.04

 
$
0.02

 
$
0.03


 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Fiscal year 2018
 
 
 
 
 
 
 
Revenues
$
143.0

 
$
151.2

 
$
159.4

 
$
164.4

Gross profit
40.8

 
39.3

 
44.1

 
45.5

Operating income
7.0

 
2.6

 
10.1

 
10.8

Provision for income taxes
0.9

 
0.1

 
3.4

 
0.2

Income (loss) from continuing operations
1.3

 
(3.8
)
 
1.4

 
5.2

Income (loss) from discontinued operations
(3.5
)
 
(3.9
)
 
0.3

 
(0.5
)
Net income (loss)
$
(2.2
)
 
$
(7.7
)
 
$
1.7

 
$
4.7

Basic income (loss) per common share:
 
 
 
 
 
 
 
  Income (loss) from continuing operations
$
0.01

 
$
(0.04
)
 
$
0.01

 
$
0.05

  Income (loss) from discontinued operations
$
(0.03
)
 
$
(0.03
)
 
$
0.01

 
$

     Net income (loss) per common share
$
(0.02
)
 
$
(0.07
)
 
$
0.02

 
$
0.05

Diluted income (loss) per common share:
 
 
 
 
 
 
 
  Income (loss) from continuing operations
$
0.01

 
$
(0.04
)
 
$
0.01

 
$
0.05

  Income (loss) from discontinued operations
$
(0.03
)
 
$
(0.03
)
 
$
0.01

 
$
(0.01
)
     Net income (loss) per common share
$
(0.02
)
 
$
(0.07
)
 
$
0.02

 
$
0.04