| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $319M | $332M | 16.3% | 11.7% |
| Op. Income | $15M | $6M | $12M | 160.4% | 22.9% |
| Gross Margin | 25.2% | 25.0% | 24.9% | 0.2pp | 0.3pp |
| Net Margin | 1.8% | 0.2% | 1.1% | 1.7pp | 0.7pp |
| EPS (Diluted) | $0.24 | $0.02 | $0.14 | 1100.0% | 71.4% |
| Free Cash Flow | $6M | $8M | $11M | -24.9% | -47.6% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $164.0K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $164.0K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$155.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $30.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$99.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$534.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $116M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $72M |
| Goodwill | $182M |
| Intangible Assets | $141M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $399M |
| TOTAL ASSETS | $708M |
| Account Payables | $83M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $333M |
| TOTAL LIABILITIES | $452M |
| Common Stock | $287.0K |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $256M |
| Minority Interest | $0 |
| TOTAL EQUITY | $256M |
| TOTAL LIABILITIES & EQUITY | $708M |
| Total Debt | $317M |
| Net Debt | $277M |
