| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | $476M | $504M | -2.9% | -8.3% |
| Op. Income | $23M | $8M | $32M | 197.1% | -28.1% |
| Gross Margin | 13.3% | 10.3% | 13.1% | 3.1pp | 0.2pp |
| Net Margin | 3.9% | 1.9% | 5.1% | 2.0pp | -1.2pp |
| EPS (Diluted) | $0.24 | $0.12 | $0.35 | 100.0% | -31.4% |
| Free Cash Flow | $2M | $16M | $2M | -90.1% | -28.1% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $783.0K |
| Other Income/Expenses | $610.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $24M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $783.0K |
| Other Income/Expenses | $610.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $24M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $80M |
| Net Receivables | $347M |
| Inventory | $40M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $509M |
| PP&E (Net) | $30M |
| Goodwill | $51M |
| Intangible Assets | $24M |
| Long-Term Investments | $56M |
| Tax Assets | $20M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $201M |
| TOTAL ASSETS | $710M |
| Account Payables | $59M |
| Short-Term Debt | $30M |
| Deferred Revenue | -$67M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $260M |
| Common Stock | $755.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | $188M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $450M |
| Minority Interest | $0 |
| TOTAL EQUITY | $450M |
| TOTAL LIABILITIES & EQUITY | $710M |
| Total Debt | $12M |
| Net Debt | -$4M |
