| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $170M | $167M | 3.5% | 5.3% |
| Op. Income | $10M | $11M | $16M | -7.9% | -34.9% |
| Gross Margin | 36.3% | 37.8% | 37.6% | -1.5pp | -1.3pp |
| Net Margin | 3.5% | 4.5% | 4.5% | -1.0pp | -1.0pp |
| EPS (Diluted) | $0.25 | $0.31 | $0.31 | -19.4% | -19.4% |
| Free Cash Flow | $12M | $39M | $16M | -69.5% | -28.0% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $64M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | -$14M |
| Operating Expenses | $52M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $64M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | -$14M |
| Operating Expenses | $52M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $398.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$25.9B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25.9B |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$935M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $258.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $424.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $145M |
| Inventory | $75M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $280M |
| PP&E (Net) | $28M |
| Goodwill | $310M |
| Intangible Assets | $262M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $607M |
| TOTAL ASSETS | $888M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $353M |
| Common Stock | $4M |
| Additional Paid-In Capital | $553M |
| Retained Earnings | $420M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $535M |
| Minority Interest | $0 |
| TOTAL EQUITY | $535M |
| TOTAL LIABILITIES & EQUITY | $888M |
| Total Debt | $166M |
| Net Debt | $120M |
