| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196M | $259M | $217M | -24.3% | -9.7% |
| Op. Income | $32M | $33M | $62M | -3.9% | -48.3% |
| Gross Margin | 38.1% | 42.4% | 38.5% | -4.4pp | -0.5pp |
| Net Margin | 7.5% | 6.7% | 22.1% | 0.8pp | -14.6pp |
| EPS (Diluted) | $0.43 | $0.51 | $1.40 | -15.7% | -69.3% |
| Free Cash Flow | $52M | -$8M | $53M | 744.4% | -2.2% |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | -$4M |
| Operating Expenses | $43M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $32M |
| Interest Income | $100.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $18M |
| EBIT | $33M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | -$4M |
| Operating Expenses | $43M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $32M |
| Interest Income | $100.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $18M |
| EBIT | $33M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $201M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $111M |
| Goodwill | $450M |
| Intangible Assets | $80M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $695M |
| TOTAL ASSETS | $962M |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $364M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $503M |
| TOTAL LIABILITIES | $696M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $224M |
| Retained Earnings | $125M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $962M |
| Total Debt | $427M |
| Net Debt | $395M |
