| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $190M | $230M | 16.0% | -3.9% |
| Op. Income | $15M | $13M | $9M | 19.4% | 77.0% |
| Gross Margin | 32.6% | 31.2% | 27.7% | 1.5pp | 4.9pp |
| Net Margin | 1.9% | 3.7% | -0.6% | -1.8pp | 2.5pp |
| EPS (Diluted) | $0.12 | $0.20 | $-0.04 | -40.0% | 391.3% |
| Free Cash Flow | -$44M | $49M | -$83M | -189.8% | 47.2% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $18M |
| EBIT | $15M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $18M |
| EBIT | $15M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $215M |
| Inventory | $15M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $264M |
| PP&E (Net) | $97M |
| Goodwill | $450M |
| Intangible Assets | $74M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $671M |
| TOTAL ASSETS | $935M |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $337M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $668M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | $136M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $935M |
| Total Debt | $394M |
| Net Debt | $387M |
