| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $405M | $399M | $345M | 1.5% | 17.3% |
| Op. Income | $32M | $32M | $22M | -0.7% | 43.0% |
| Gross Margin | 11.5% | 11.7% | 11.3% | -0.2pp | 0.2pp |
| Net Margin | 8.1% | 7.2% | 6.6% | 1.0pp | 1.5pp |
| EPS (Diluted) | $0.88 | $0.76 | $0.60 | 15.8% | 46.7% |
| Free Cash Flow | $36M | $33M | $43M | 11.5% | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $14M |
| Other Expenses | $789.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $7M |
| EBIT | $36M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $14M |
| Other Expenses | $789.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $7M |
| EBIT | $36M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $441.0K |
| Other Non-Cash Items | -$439.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$938.0K |
| Common Stock Repurchased | -$222.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $256M |
| Net Receivables | $273M |
| Inventory | $294M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $211M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $231M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $258M |
| Short-Term Debt | $3M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $313M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $392M |
| Common Stock | $382.0K |
| Additional Paid-In Capital | $158M |
| Retained Earnings | $755M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $863M |
| Minority Interest | $0 |
| TOTAL EQUITY | $863M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $61M |
| Net Debt | -$120M |
