| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238M | $217M | $216M | 9.7% | 9.8% |
| Op. Income | $53M | $41M | $39M | 29.4% | 35.0% |
| Gross Margin | 38.1% | 36.5% | 35.2% | 1.6pp | 2.9pp |
| Net Margin | 17.0% | 14.3% | 13.2% | 2.6pp | 3.8pp |
| EPS (Diluted) | $1.18 | $0.90 | $0.83 | 31.1% | 42.0% |
| Free Cash Flow | $57M | -$5M | $73M | 1321.3% | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $6M |
| EBIT | $53M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $6M |
| EBIT | $53M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$300.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$400.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$400.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $500.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $95M |
| Inventory | $114M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $11M |
| Goodwill | $66M |
| Intangible Assets | $302M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $200.0K |
| TOTAL NON-CURRENT ASSETS | $379M |
| TOTAL ASSETS | $598M |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $107M |
| Common Stock | $493M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $491M |
| Minority Interest | $0 |
| TOTAL EQUITY | $491M |
| TOTAL LIABILITIES & EQUITY | $598M |
| Total Debt | $0 |
| Net Debt | -$3M |
