| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $259M | $294M | 17.8% | 4.0% |
| Op. Income | $58M | $58M | $38M | -1.1% | 52.1% |
| Gross Margin | 41.0% | 45.4% | 37.4% | -4.5pp | 3.6pp |
| Net Margin | 8.9% | 9.7% | 5.2% | -0.8pp | 3.7pp |
| EPS (Diluted) | $0.78 | $0.73 | $0.43 | 6.8% | 81.4% |
| Free Cash Flow | $186M | $188M | $168M | -1.1% | 10.3% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $27M |
| SG&A Expenses | $62M |
| Other Expenses | $6M |
| Operating Expenses | $68M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $27M |
| SG&A Expenses | $62M |
| Other Expenses | $6M |
| Operating Expenses | $68M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $230.0K |
| Other Non-Cash Items | $172M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$262M |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $817.0K |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | $186M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $75M |
| Goodwill | $267M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $357M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $122M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $874M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $944M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $423M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $434M |
| Minority Interest | $0 |
| TOTAL EQUITY | $434M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $911M |
| Net Debt | $841M |
