| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $224M | $204M | $215M | 10.0% | 4.2% |
| Op. Income | $33M | $20M | $26M | 69.9% | 26.6% |
| Gross Margin | 41.7% | 38.6% | 40.1% | 3.1pp | 1.7pp |
| Net Margin | 11.6% | 8.0% | 9.5% | 3.6pp | 2.1pp |
| EPS (Diluted) | $0.53 | $0.34 | $0.42 | 55.9% | 26.2% |
| Free Cash Flow | $28M | $5M | $16M | 511.9% | 74.6% |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $9M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $6M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $9M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $6M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $356.0K |
| Deferred Income Tax | -$85.0K |
| Other Non-Cash Items | $497.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$158.0K |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $98.0K |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $32M |
| Net Receivables | $9M |
| Inventory | $139M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $416M |
| PP&E (Net) | $458M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $482M |
| TOTAL ASSETS | $898M |
| Account Payables | $45M |
| Short-Term Debt | $82M |
| Deferred Revenue | $13M |
| Other Current Liabilities | -$60M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $302M |
| TOTAL LIABILITIES | $481M |
| Common Stock | $492.0K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $265M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $898M |
| Total Debt | $368M |
| Net Debt | $154M |
