| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $186M | $173M | $163M | 7.6% | 14.0% |
| Op. Income | $42M | $38M | -$51M | 10.9% | 181.1% |
| Gross Margin | 26.9% | 26.4% | -27.0% | 0.5pp | 53.9pp |
| Net Margin | 20.4% | 10.2% | -43.8% | 10.2pp | 64.3pp |
| EPS (Diluted) | $0.10 | $0.04 | $-0.18 | 142.5% | 153.9% |
| Free Cash Flow | $5M | $2M | -$14M | 206.3% | 134.8% |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $400.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $44M |
| EBIT | $44M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $400.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $44M |
| EBIT | $44M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$700.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $23M |
| Net Receivables | $42M |
| Inventory | $127M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $2.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $118M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $514M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $574M |
| TOTAL LIABILITIES | $701M |
| Common Stock | $3.7B |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$200.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $800.0K |
| Net Debt | -$182M |
