| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $118M | $118M | 2.6% | 2.3% |
| Op. Income | $18M | $16M | $16M | 8.9% | 12.9% |
| Gross Margin | 33.9% | 34.5% | 35.4% | -0.5pp | -1.4pp |
| Net Margin | 9.9% | 9.7% | 6.1% | 0.2pp | 3.8pp |
| EPS (Diluted) | $0.36 | $0.34 | $0.21 | 5.9% | 71.4% |
| Free Cash Flow | $10M | $4M | -$431.0K | 145.7% | 2532.9% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $41M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $18M |
| Interest Income | $440.0K |
| Interest Expense | $467.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $41M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $18M |
| Interest Income | $440.0K |
| Interest Expense | $467.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $874.0K |
| Other Non-Cash Items | $242.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $71.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $43M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $250M |
| PP&E (Net) | $124M |
| Goodwill | $71M |
| Intangible Assets | $57M |
| Long-Term Investments | $56M |
| Tax Assets | $20M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $330M |
| TOTAL ASSETS | $581M |
| Account Payables | $51M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $89M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $308M |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $500M |
| Treasury Stock | -$358M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $396M |
| Minority Interest | $0 |
| TOTAL EQUITY | $396M |
| TOTAL LIABILITIES & EQUITY | $581M |
| Total Debt | $77M |
| Net Debt | -$29M |
