| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $417M | $313M | -9.6% | 20.7% |
| Op. Income | $13M | $36M | $16M | -64.8% | -18.4% |
| Gross Margin | 31.4% | 35.0% | 32.6% | -3.6pp | -1.2pp |
| Net Margin | 2.7% | 6.9% | 4.3% | -4.2pp | -1.6pp |
| EPS (Diluted) | $0.18 | $0.51 | $0.24 | -64.7% | -25.0% |
| Free Cash Flow | -$101M | -$12M | -$78M | -730.3% | -29.5% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $13M |
| Interest Income | $753.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $753.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $14M |
| EBIT | $13M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $13M |
| Interest Income | $753.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $753.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $14M |
| EBIT | $13M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $641.0K |
| Other Non-Cash Items | $133.0K |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $56M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $252.0K |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | -$101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $54M |
| Net Receivables | $0 |
| Inventory | $419M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $188M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $398M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $791M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $556.0K |
| Additional Paid-In Capital | $318M |
| Retained Earnings | $327M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $645M |
| Minority Interest | $0 |
| TOTAL EQUITY | $645M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $895M |
| Net Debt | $818M |
