| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $220M | $204M | 0.1% | 8.1% |
| Op. Income | $20M | $15M | $17M | 29.4% | 18.4% |
| Gross Margin | 38.8% | 37.5% | 37.9% | 1.3pp | 0.9pp |
| Net Margin | 6.2% | 4.1% | 3.6% | 2.1pp | 2.7pp |
| EPS (Diluted) | $0.19 | $0.12 | $0.10 | 58.3% | 90.0% |
| Free Cash Flow | $18M | -$77M | $30M | 122.8% | -41.6% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $85M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $20M |
| Interest Income | $29.0K |
| Interest Expense | $810.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $17M |
| EBIT | $20M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $85M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $20M |
| Interest Income | $29.0K |
| Interest Expense | $810.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $17M |
| EBIT | $20M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $158.0K |
| Other Non-Cash Items | $422.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$732.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $136.0K |
| Net Receivables | $183M |
| Inventory | $118M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $111M |
| Goodwill | $500M |
| Intangible Assets | $227M |
| Long-Term Investments | $3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $902M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $70M |
| Short-Term Debt | $828.0K |
| Deferred Revenue | $31M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $329M |
| Common Stock | $872.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$573M |
| Treasury Stock | -$201M |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $80M |
| Net Debt | -$177M |
