| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $196M | $200M | -2.9% | -5.0% |
| Op. Income | $6M | $32M | $3M | -80.1% | 88.2% |
| Gross Margin | 37.9% | 38.1% | 35.2% | -0.2pp | 2.7pp |
| Net Margin | 3.7% | 7.5% | -0.5% | -3.8pp | 4.2pp |
| EPS (Diluted) | $0.20 | $0.43 | $-0.03 | -53.5% | 780.3% |
| Free Cash Flow | $49M | $52M | $42M | -6.1% | 17.8% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $19M |
| Operating Expenses | $66M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $35M |
| EBIT | $12M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $19M |
| Operating Expenses | $66M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $35M |
| EBIT | $12M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $161M |
| Inventory | $11M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $211M |
| PP&E (Net) | $98M |
| Goodwill | $450M |
| Intangible Assets | $77M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $676M |
| TOTAL ASSETS | $887M |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $296M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $439M |
| TOTAL LIABILITIES | $618M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $225M |
| Retained Earnings | $132M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $269M |
| Minority Interest | $0 |
| TOTAL EQUITY | $269M |
| TOTAL LIABILITIES & EQUITY | $887M |
| Total Debt | $377M |
| Net Debt | $359M |
