| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | $449M | $462M | 0.6% | -2.2% |
| Op. Income | $30M | $26M | $23M | 12.7% | 28.4% |
| Gross Margin | 14.3% | 13.8% | 13.3% | 0.5pp | 0.9pp |
| Net Margin | 5.1% | 4.5% | 3.9% | 0.6pp | 1.2pp |
| EPS (Diluted) | $0.31 | $0.27 | $0.24 | 14.8% | 29.2% |
| Free Cash Flow | $79M | $12M | $2M | 560.9% | 4809.4% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $422M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $380.0K |
| Other Income/Expenses | $874.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $4M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $422M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $380.0K |
| Other Income/Expenses | $874.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $4M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $178.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $138.0K |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $92M |
| Net Receivables | $295M |
| Inventory | $34M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $524M |
| PP&E (Net) | $29M |
| Goodwill | $51M |
| Intangible Assets | $20M |
| Long-Term Investments | $42M |
| Tax Assets | $34M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $213M |
| TOTAL ASSETS | $737M |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $757.0K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | $176M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $450M |
| Minority Interest | $0 |
| TOTAL EQUITY | $450M |
| TOTAL LIABILITIES & EQUITY | $737M |
| Total Debt | $12M |
| Net Debt | -$66M |
