| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $127M | $134M | 18.0% | 12.0% |
| Op. Income | $13M | -$36M | $10M | 137.5% | 31.7% |
| Gross Margin | 19.0% | 14.0% | 19.4% | 5.0pp | -0.4pp |
| Net Margin | 6.1% | -29.4% | 4.4% | 35.5pp | 1.7pp |
| EPS (Diluted) | $0.43 | $-1.75 | $0.28 | 124.6% | 53.6% |
| Free Cash Flow | $4M | $10M | -$19M | -55.9% | 124.0% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | -$2.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $934.0K |
| Other Income/Expenses | -$936.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | -$2.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $934.0K |
| Other Income/Expenses | -$936.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $470.0K |
| Deferred Income Tax | $80.0K |
| Other Non-Cash Items | $114.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$265.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $187.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $66M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $122M |
| Goodwill | $58M |
| Intangible Assets | $70M |
| Long-Term Investments | $855.0K |
| Tax Assets | -$855.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $254M |
| TOTAL ASSETS | $397M |
| Account Payables | $37M |
| Short-Term Debt | $10M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $91M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $184M |
| Common Stock | $534.0K |
| Additional Paid-In Capital | $55M |
| Retained Earnings | $156M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $623.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $397M |
| Total Debt | $101M |
| Net Debt | $95M |
