| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $426M | $447M | $263M | -4.6% | 62.3% |
| Op. Income | $42M | $48M | $11M | -12.8% | 298.0% |
| Gross Margin | 44.8% | 46.6% | 43.8% | -1.8pp | 1.0pp |
| Net Margin | 7.3% | 6.5% | 3.6% | 0.8pp | 3.7pp |
| EPS (Diluted) | $0.32 | $0.30 | $0.10 | 6.7% | 227.2% |
| Free Cash Flow | $101M | $76M | $107M | 33.3% | -5.3% |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $191M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $384M |
| OPERATING INCOME | $42M |
| Interest Income | $94.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $17M |
| EBIT | $43M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $191M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $384M |
| OPERATING INCOME | $42M |
| Interest Income | $94.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $17M |
| EBIT | $43M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $28.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$74M |
| Common Stock Repurchased | -$111.0K |
| Common Dividends Paid | -$941.0K |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $239M |
| Inventory | $340M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $731M |
| PP&E (Net) | $283M |
| Goodwill | $201M |
| Intangible Assets | $487M |
| Long-Term Investments | $77M |
| Tax Assets | $70M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $197M |
| Short-Term Debt | $144M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $408M |
| Long-Term Debt | $568M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | -$120M |
| TOTAL NON-CURRENT LIABILITIES | $674M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $956.0K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | $520M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $777M |
| Minority Interest | $0 |
| TOTAL EQUITY | $777M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $856M |
| Net Debt | $768M |
