| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $403M | $377M | $337M | 6.9% | 19.6% |
| Op. Income | $33M | $26M | $22M | 26.3% | 46.3% |
| Gross Margin | 11.3% | 10.7% | 11.0% | 0.6pp | 0.3pp |
| Net Margin | 7.8% | 7.4% | 5.7% | 0.4pp | 2.1pp |
| EPS (Diluted) | $0.84 | $0.75 | $0.51 | 12.0% | 64.7% |
| Free Cash Flow | $30M | $29M | $30M | 3.8% | 0.8% |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $319.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$293.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $712.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $8M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $319.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$293.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $712.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $8M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $478.0K |
| Other Non-Cash Items | -$121.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $173.0K |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | -$168.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$132.0K |
| Common Stock Repurchased | -$199.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$331.0K |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $152M |
| Net Receivables | $275M |
| Inventory | $278M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $950M |
| PP&E (Net) | $212M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $72.0K |
| TOTAL NON-CURRENT ASSETS | $226M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $248M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $298M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $374M |
| Common Stock | $381.0K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $693M |
| Treasury Stock | -$42M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $802M |
| Minority Interest | $0 |
| TOTAL EQUITY | $802M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $64M |
| Net Debt | -$167M |
