| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $254M | $171M | -24.1% | 12.9% |
| Op. Income | $16M | $29M | $11M | -43.7% | 46.2% |
| Gross Margin | 32.9% | 33.7% | 31.0% | -0.8pp | 1.9pp |
| Net Margin | 4.5% | 7.5% | 4.0% | -3.0pp | 0.5pp |
| EPS (Diluted) | $0.30 | $0.66 | $0.24 | -54.5% | 25.0% |
| Free Cash Flow | -$34M | $67M | -$34M | -150.5% | 0.4% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $1.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $1.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $666.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $602.0K |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $180.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$172.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40.0K |
| NET CASH FROM FINANCING | -$132.0K |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $241M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $99M |
| Goodwill | $196M |
| Intangible Assets | $63M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $359M |
| TOTAL ASSETS | $636M |
| Account Payables | $105M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $372M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $159M |
| Retained Earnings | $106M |
| Treasury Stock | -$668.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $636M |
| Total Debt | $186M |
| Net Debt | $169M |
