| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $134M | $121M | -6.2% | 3.4% |
| Op. Income | $9M | $10M | $12M | -9.2% | -23.6% |
| Gross Margin | 19.2% | 19.4% | 22.3% | -0.2pp | -3.1pp |
| Net Margin | 4.2% | 4.4% | 5.9% | -0.2pp | -1.8pp |
| EPS (Diluted) | $0.25 | $0.28 | $0.34 | -10.7% | -26.5% |
| Free Cash Flow | $10M | -$19M | $10M | 153.0% | 1.8% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $816.0K |
| Other Income/Expenses | -$816.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $816.0K |
| Other Income/Expenses | -$816.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $438.0K |
| Deferred Income Tax | -$52.0K |
| Other Non-Cash Items | -$18.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $76.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $66M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $126M |
| Goodwill | $98M |
| Intangible Assets | $74M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $300M |
| TOTAL ASSETS | $432M |
| Account Payables | $27M |
| Short-Term Debt | $9M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $531.0K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | $172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $235.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $226M |
| Minority Interest | $0 |
| TOTAL EQUITY | $226M |
| TOTAL LIABILITIES & EQUITY | $432M |
| Total Debt | $112M |
| Net Debt | $108M |
