| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | $370M | $325M | -2.4% | 11.2% |
| Op. Income | $10M | $15M | $10M | -31.3% | -2.2% |
| Gross Margin | 25.4% | 25.2% | 24.9% | 0.3pp | 0.6pp |
| Net Margin | 1.1% | 1.8% | 0.9% | -0.7pp | 0.3pp |
| EPS (Diluted) | $0.14 | $0.24 | $0.11 | -41.7% | 27.3% |
| Free Cash Flow | $11M | $6M | -$2M | 87.0% | 646.4% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $82M |
| Operating Expenses | $82M |
| Cost & Expenses | $351M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $26.0K |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $6M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $82M |
| Operating Expenses | $82M |
| Cost & Expenses | $351M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $26.0K |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $6M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $376.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$236.0K |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$888.0K |
| Common Stock Repurchased | -$120.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $534.0K |
| NET CASH FROM FINANCING | -$474.0K |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $147M |
| Inventory | $110M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $318M |
| PP&E (Net) | $65M |
| Goodwill | $182M |
| Intangible Assets | $146M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $397M |
| TOTAL ASSETS | $715M |
| Account Payables | $83M |
| Short-Term Debt | $30.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $300M |
| TOTAL LIABILITIES | $417M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $206M |
| Retained Earnings | $94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $298M |
| Minority Interest | $0 |
| TOTAL EQUITY | $298M |
| TOTAL LIABILITIES & EQUITY | $715M |
| Total Debt | $280M |
| Net Debt | $230M |
