| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $309M | $212M | $314M | 45.9% | -1.7% |
| Op. Income | $21M | $3M | $16M | 586.9% | 26.1% |
| Gross Margin | 13.5% | 12.3% | 11.8% | 1.3pp | 1.8pp |
| Net Margin | 4.7% | -0.3% | 7.0% | 5.0pp | -2.2pp |
| EPS (Diluted) | $0.55 | $-0.03 | $0.77 | 2273.9% | -28.6% |
| Free Cash Flow | $211.0K | $10M | $32M | -97.8% | -99.3% |
| Item | Amount |
|---|---|
| REVENUE | $309M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $309M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $417.0K |
| Other Non-Cash Items | -$409.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $739.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $211.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $141M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $95M |
| Goodwill | $19M |
| Intangible Assets | $55M |
| Long-Term Investments | $12M |
| Tax Assets | $5M |
| Other Non-Current Assets | $466.0K |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $408M |
| Account Payables | $136M |
| Short-Term Debt | $10M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $262M |
| TOTAL LIABILITIES | $470M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$57M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$61M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$61M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $210M |
| Net Debt | $181M |
