| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $350M | $415M | $333M | -15.5% | 5.1% |
| Op. Income | $79M | $96M | $71M | -16.9% | 11.8% |
| Gross Margin | 25.0% | 25.2% | 24.1% | -0.2pp | 0.9pp |
| Net Margin | -32.7% | 17.3% | 17.3% | -50.0pp | -50.0pp |
| EPS (Diluted) | $-2.77 | $1.72 | $1.24 | -261.0% | -323.4% |
| Free Cash Flow | $112M | $96M | $86M | 16.8% | 29.8% |
| Item | Amount |
|---|---|
| REVENUE | $350M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $277M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | -$149M |
| Income Tax Expense | -$34M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | -$158M |
| Other Adjustments | $0 |
| NET INCOME | -$115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$115M |
| D&A | $29M |
| EBIT | $66M |
| EBITDA | $94M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$115M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$48M |
| Other Non-Cash Items | $224M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $448.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$164.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $140M |
| Inventory | $234M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $508M |
| PP&E (Net) | $1.3B |
| Goodwill | $200M |
| Intangible Assets | $30M |
| Long-Term Investments | $72M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $65M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $163M |
| Long-Term Debt | $931M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $892M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $897M |
| Minority Interest | $0 |
| TOTAL EQUITY | $897M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $993M |
| Net Debt | $867M |
