| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $359M | $261M | -12.9% | 19.8% |
| Op. Income | $40M | $48M | $14M | -16.6% | 187.0% |
| Gross Margin | 52.4% | 52.8% | 53.3% | -0.4pp | -0.9pp |
| Net Margin | 11.4% | 10.9% | 4.0% | 0.5pp | 7.4pp |
| EPS (Diluted) | $0.51 | $0.55 | $0.07 | -7.3% | 628.6% |
| Free Cash Flow | $39M | $76M | $43M | -48.6% | -9.6% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $124M |
| SG&A Expenses | $124M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $40M |
| Interest Income | $167.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $124M |
| SG&A Expenses | $124M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $40M |
| Interest Income | $167.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $42.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $139M |
| Inventory | $140M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $225M |
| Goodwill | $2M |
| Intangible Assets | $47M |
| Long-Term Investments | $2M |
| Tax Assets | $10M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $294M |
| TOTAL ASSETS | $686M |
| Account Payables | $86M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $335M |
| TOTAL LIABILITIES | $568M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | $221M |
| Treasury Stock | -$532M |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $686M |
| Total Debt | $374M |
| Net Debt | $285M |
