| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $164M | $148M | 3.8% | 15.3% |
| Op. Income | $11M | $12M | $14M | -9.0% | -19.2% |
| Gross Margin | 37.8% | 37.3% | 42.2% | 0.5pp | -4.4pp |
| Net Margin | 4.5% | 4.8% | 5.6% | -0.3pp | -1.1pp |
| EPS (Diluted) | $0.31 | $0.32 | $0.34 | -3.1% | -8.8% |
| Free Cash Flow | $39M | $25M | $19M | 56.7% | 103.4% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $64M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $11M |
| Interest Income | $22.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $64M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $11M |
| Interest Income | $22.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$11.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $149.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$845.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $143M |
| Inventory | $83M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $289M |
| PP&E (Net) | $29M |
| Goodwill | $310M |
| Intangible Assets | $267M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $614M |
| TOTAL ASSETS | $903M |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $162M |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $379M |
| Common Stock | $4M |
| Additional Paid-In Capital | $546M |
| Retained Earnings | $417M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $525M |
| Minority Interest | $0 |
| TOTAL EQUITY | $525M |
| TOTAL LIABILITIES & EQUITY | $903M |
| Total Debt | $175M |
| Net Debt | $130M |
