| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $399M | $403M | $332M | -1.0% | 20.1% |
| Op. Income | $32M | $33M | $25M | -0.7% | 31.8% |
| Gross Margin | 11.7% | 11.3% | 11.1% | 0.4pp | 0.6pp |
| Net Margin | 7.2% | 7.8% | 6.3% | -0.6pp | 0.8pp |
| EPS (Diluted) | $0.76 | $0.84 | $0.55 | -9.5% | 38.2% |
| Free Cash Flow | $33M | $30M | $45M | 8.2% | -27.4% |
| Item | Amount |
|---|---|
| REVENUE | $399M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $323.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $8M |
| EBIT | $32M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $399M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $323.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $8M |
| EBIT | $32M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$43.0K |
| Other Non-Cash Items | -$525.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $39.0K |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $429.0K |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $242M |
| Net Receivables | $276M |
| Inventory | $285M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $988M |
| PP&E (Net) | $209M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $354.0K |
| TOTAL NON-CURRENT ASSETS | $223M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $256M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $306M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $382M |
| Common Stock | $382.0K |
| Additional Paid-In Capital | $155M |
| Retained Earnings | $722M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | -$79.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $829M |
| Minority Interest | $0 |
| TOTAL EQUITY | $829M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $62M |
| Net Debt | -$104M |
