| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $397M | $411M | $361M | -3.5% | 9.8% |
| Op. Income | $11M | $16M | $10M | -31.5% | 3.7% |
| Gross Margin | 25.7% | 25.9% | 25.4% | -0.2pp | 0.3pp |
| Net Margin | 1.1% | 1.9% | 1.1% | -0.8pp | -0.0pp |
| EPS (Diluted) | $0.15 | $0.26 | $0.14 | -42.3% | 7.1% |
| Free Cash Flow | -$2M | $10M | $11M | -120.8% | -119.6% |
| Item | Amount |
|---|---|
| REVENUE | $397M |
| Cost of Revenue | $295M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $397M |
| Cost of Revenue | $295M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $908.0K |
| Deferred Income Tax | $671.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $215.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$77.0K |
| Common Stock Repurchased | -$133.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$690.0K |
| NET CASH FROM FINANCING | -$900.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $165M |
| Inventory | $122M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $222M |
| Goodwill | $198M |
| Intangible Assets | $142M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $565M |
| TOTAL ASSETS | $891M |
| Account Payables | $80M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $406M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | -$111M |
| TOTAL NON-CURRENT LIABILITIES | $430M |
| TOTAL LIABILITIES | $568M |
| Common Stock | $303.0K |
| Additional Paid-In Capital | $210M |
| Retained Earnings | $115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $323M |
| Minority Interest | $0 |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $891M |
| Total Debt | $424M |
| Net Debt | $403M |
