| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $111M | $97M | -5.6% | 8.0% |
| Op. Income | $15M | $16M | $13M | -5.9% | 12.6% |
| Gross Margin | 38.5% | 39.7% | 40.4% | -1.3pp | -1.9pp |
| Net Margin | 10.8% | 2.6% | 7.5% | 8.2pp | 3.3pp |
| EPS (Diluted) | $0.39 | $0.10 | $0.25 | 290.0% | 56.0% |
| Free Cash Flow | $19M | $13M | $307.0K | 49.9% | 6102.9% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $40M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$61.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $163.0K |
| Other Income/Expenses | -$224.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $40M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$61.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $163.0K |
| Other Income/Expenses | -$224.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $800.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $203.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$344.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $81M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $90M |
| Goodwill | $71M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $393M |
| Account Payables | $22M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $37M |
| Additional Paid-In Capital | $38M |
| Retained Earnings | $257M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | $580.0K |
| Other Equity | -$306.0K |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $393M |
| Total Debt | $18M |
| Net Debt | $5M |
