| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $238M | $202M | -2.0% | 15.5% |
| Op. Income | $21M | $19M | $12M | 12.2% | 81.7% |
| Gross Margin | 55.7% | 55.1% | 54.7% | 0.6pp | 1.0pp |
| Net Margin | 3.0% | 2.4% | 2.9% | 0.6pp | 0.1pp |
| EPS (Diluted) | $0.23 | $0.19 | $0.20 | 21.1% | 15.0% |
| Free Cash Flow | $32M | $17M | -$109.0K | 91.2% | 29211.0% |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $130M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | -$321.0K |
| Operating Expenses | $109M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $20M |
| EBIT | $21M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $130M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | -$321.0K |
| Operating Expenses | $109M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $20M |
| EBIT | $21M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $748.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $546.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $173M |
| Inventory | $174M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $117M |
| Goodwill | $616M |
| Intangible Assets | $536M |
| Long-Term Investments | -$76M |
| Tax Assets | $76M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $46M |
| Short-Term Debt | $13M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $781M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $897M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $379M |
| Retained Earnings | $462M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $701M |
| Minority Interest | $0 |
| TOTAL EQUITY | $701M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $794M |
| Net Debt | $764M |
