| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $116M | $120M | -0.5% | -4.0% |
| Op. Income | $14M | $12M | $19M | 16.9% | -23.7% |
| Gross Margin | 33.4% | 31.8% | 35.4% | 1.6pp | -2.1pp |
| Net Margin | 8.7% | 2.4% | 14.7% | 6.4pp | -5.9pp |
| EPS (Diluted) | $0.31 | $0.08 | $0.52 | 287.5% | -40.4% |
| Free Cash Flow | $17M | $11M | $8M | 61.4% | 118.1% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $38M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $14M |
| Interest Income | $341.0K |
| Interest Expense | $903.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $7M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $38M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $14M |
| Interest Income | $341.0K |
| Interest Expense | $903.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $7M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $927.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$318.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$958.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $42M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $237M |
| PP&E (Net) | $130M |
| Goodwill | $106M |
| Intangible Assets | $85M |
| Long-Term Investments | $62M |
| Tax Assets | $20M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $406M |
| TOTAL ASSETS | $643M |
| Account Payables | $48M |
| Short-Term Debt | $3M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $238M |
| Common Stock | $308M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $510M |
| Treasury Stock | -$364M |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $405M |
| Minority Interest | $0 |
| TOTAL EQUITY | $405M |
| TOTAL LIABILITIES & EQUITY | $643M |
| Total Debt | $127M |
| Net Debt | $27M |
