| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $217M | $333M | 45.0% | -5.5% |
| Op. Income | $16M | $3M | $29M | 386.5% | -42.5% |
| Gross Margin | 11.8% | 10.0% | 13.5% | 1.8pp | -1.8pp |
| Net Margin | 7.0% | 0.8% | 6.0% | 6.1pp | 0.9pp |
| EPS (Diluted) | $0.77 | $0.04 | $0.68 | 1825.0% | 13.2% |
| Free Cash Flow | $32M | -$3M | $13M | 1217.6% | 141.7% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $16M |
| Interest Income | $25.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $16M |
| Interest Income | $25.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $870.0K |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $915.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $35.0K |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $113M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $192M |
| PP&E (Net) | $49M |
| Goodwill | $19M |
| Intangible Assets | $56M |
| Long-Term Investments | $12M |
| Tax Assets | $3M |
| Other Non-Current Assets | $522.0K |
| TOTAL NON-CURRENT ASSETS | $140M |
| TOTAL ASSETS | $332M |
| Account Payables | $133M |
| Short-Term Debt | $8M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $138M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $626.0K |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$44M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$44M |
| TOTAL LIABILITIES & EQUITY | $332M |
| Total Debt | $146M |
| Net Debt | $104M |
