| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $347M | $398M | $341M | -12.8% | 1.6% |
| Op. Income | $35M | $64M | $35M | -44.6% | 1.6% |
| Gross Margin | 25.7% | 24.4% | 17.5% | 1.3pp | 8.2pp |
| Net Margin | 6.6% | 11.6% | 6.9% | -5.0pp | -0.3pp |
| EPS (Diluted) | $0.26 | $0.51 | $0.26 | -50.0% | -2.8% |
| Free Cash Flow | -$122M | -$25M | $30M | -393.0% | -500.6% |
| Item | Amount |
|---|---|
| REVENUE | $347M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $35M |
| Interest Income | $179.1K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $53M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $347M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $35M |
| Interest Income | $179.1K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $53M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | -$60M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$122M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $324M |
| Inventory | $152M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $537M |
| PP&E (Net) | $457M |
| Goodwill | $323M |
| Intangible Assets | $12M |
| Long-Term Investments | $15M |
| Tax Assets | $27M |
| Other Non-Current Assets | $111.6K |
| TOTAL NON-CURRENT ASSETS | $835M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $188M |
| Short-Term Debt | $8M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $292M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $615M |
| Common Stock | $212M |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $129M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $756M |
| Minority Interest | $864.5K |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $280M |
| Net Debt | $226M |
