| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $308M | $242M | -1.3% | 25.7% |
| Op. Income | $16M | $13M | $9M | 24.3% | 74.0% |
| Gross Margin | 26.3% | 28.4% | 26.2% | -2.1pp | 0.1pp |
| Net Margin | 3.0% | 2.2% | 2.0% | 0.8pp | 0.9pp |
| EPS (Diluted) | $0.41 | $0.31 | $0.21 | 32.3% | 95.2% |
| Free Cash Flow | -$24M | -$21M | -$68M | -15.2% | 65.2% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $224M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| 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 | $3M |
| EBIT | $16M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $224M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| 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 | $3M |
| EBIT | $16M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $24.0K |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $494M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $577M |
| PP&E (Net) | $186M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $258M |
| TOTAL ASSETS | $835M |
| Account Payables | $18M |
| Short-Term Debt | $334M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $415M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $455M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $272M |
| Retained Earnings | $212M |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | -$63.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $0 |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $835M |
| Total Debt | $377M |
| Net Debt | $341M |
