| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $471M | $383M | $380M | 23.1% | 24.1% |
| Op. Income | $62M | $11M | $29M | 479.4% | 110.9% |
| Gross Margin | 30.1% | 30.1% | 32.5% | 0.0pp | -2.4pp |
| Net Margin | 8.9% | 6.2% | 4.7% | 2.6pp | 4.2pp |
| EPS (Diluted) | $1.34 | $0.77 | $0.65 | 74.0% | 106.2% |
| Free Cash Flow | $37M | -$12M | $26M | 406.9% | 44.1% |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $142M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $59M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $409M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $16M |
| EBIT | $58M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $142M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $59M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $409M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $16M |
| EBIT | $58M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$269.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $483M |
| Inventory | $107M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $724M |
| PP&E (Net) | $145M |
| Goodwill | $578M |
| Intangible Assets | $166M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $181M |
| Short-Term Debt | $206M |
| Deferred Revenue | $46M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $529M |
| Long-Term Debt | $251M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $867M |
| Common Stock | $274M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$140M |
| Other Equity | -$17M |
| TOTAL STOCKHOLDERS' EQUITY | $981M |
| Minority Interest | $0 |
| TOTAL EQUITY | $981M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $457M |
| Net Debt | $391M |
