Skip to content

Kratos Defense & Security Solutions KTOS Material Reconciling Items — Insurance Recoveries

Discontinued — last reported Q4 '13

Similar metrics at other companies

Globe Life logo
GLMaterial Reconciling Items — Nonoperating Income Expense
$0
Tyler Technologies logo
TYLMaterial Reconciling Items — Other Nonoperating Income Expense
$599K+415%
Globe Life logo
GLMaterial Reconciling Items — Benefits Losses And Expenses
-$28K+20.0%
Globe Life logo
GLMaterial Reconciling Items — Other Income
-$28K+20.0%
Prudential Financial logo
PRUMaterial Reconciling Items — Investments Gains Losses On Trading Account Assets Supporting Insurance Liabilities Net Operating Income Before Income Taxes
$37M+116%
IR
IRMaterial Reconciling Items — Shareholder Litigation Settlement Recoveries
$4.5M

Other financials

Income statement

See full
Revenue$371.0M+22.6%
Gross profit$89.6M+21.7%
Operating income$4.7M-28.8%
Net income$11.9M+164%
EPS (diluted)$0.07+133%

Balance sheet

See full
Cash & equivalents$1.5B+455%
Total debt$190.2M-33.3%
Total equity$3.4B+146%
Total assets$4.0B+102%

Cash flow

See full
Operating cash flow-$27.4M+6.2%
CapEx$19.9M-11.9%
Free cash flow-$47.3M+8.7%

Valuation

See full
Market cap$10.17B+190%
Enterprise value$8.89B+161%
P/E345.8×+166×
P/S7.2×+4.2×

Profitability

See full
Gross margin22.9%-2.1pp
Operating margin1.7%-0.8pp
Net margin2.1%+0.4pp
FCF margin-9.4%

Returns & leverage

See full
Return on equity1.2%-0.2pp
Debt / equity0.1×-0.1×
Current ratio5.6×+2.8×

Where this comes from

Reported directly by Kratos Defense & Security Solutions in its filing.

Tagged under the XBRL concept us-gaap:InsuranceRecoveries.

The official record: Kratos Defense & Security Solutions’s 10-K, filed March 11, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — insurance recoveries mean?
Non-recurring income received from insurance claims that is not part of normal business operations.
How do you interpret material reconciling items — insurance recoveries?
An increase represents a one-time gain that improves net income but does not indicate improved operational efficiency or market growth.
How does material reconciling items — insurance recoveries compare across companies?
Similar to 'Insurance proceeds' or 'Non-recurring gains' reported in the reconciliation of segment profit to consolidated income.