| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $56M | $47M | -8.3% | 10.0% |
| Op. Income | $11M | $11M | $11M | 1.6% | 3.3% |
| Gross Margin | 29.1% | 25.8% | 29.2% | 3.3pp | -0.1pp |
| Net Margin | 10.6% | 10.4% | 10.0% | 0.3pp | 0.6pp |
| EPS (Diluted) | $0.66 | $0.70 | $0.56 | -5.7% | 17.9% |
| Free Cash Flow | $25M | $12M | $19M | 110.2% | 33.8% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $68.0K |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $68.0K |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $395.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $364.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$499.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $39M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $376M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $380M |
| TOTAL ASSETS | $447M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $183M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $249M |
| TOTAL LIABILITIES | $262M |
| Common Stock | $8M |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $160M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $5M |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $447M |
| Total Debt | $187M |
| Net Debt | $177M |
