| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $163M | $175M | 4.8% | -2.0% |
| Op. Income | $24M | $18M | $17M | 33.5% | 40.4% |
| Gross Margin | 39.5% | 37.3% | 35.7% | 2.2pp | 3.8pp |
| Net Margin | 11.0% | 10.6% | 5.7% | 0.4pp | 5.3pp |
| EPS (Diluted) | $0.72 | $0.66 | $0.38 | 9.1% | 89.5% |
| Free Cash Flow | $1M | $1M | $7M | -12.7% | -83.4% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $4M |
| Operating Expenses | $44M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $975.0K |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $22M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $4M |
| Operating Expenses | $44M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $975.0K |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $22M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | $183.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $260M |
| Inventory | $124M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $133M |
| Goodwill | $381M |
| Intangible Assets | $339M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $858M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $58M |
| Short-Term Debt | $20M |
| Deferred Revenue | $55M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $298M |
| TOTAL LIABILITIES | $500M |
| Common Stock | $305.0K |
| Additional Paid-In Capital | $294M |
| Retained Earnings | $643M |
| Treasury Stock | -$107M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $794M |
| Minority Interest | $0 |
| TOTAL EQUITY | $794M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $217M |
| Net Debt | $182M |
