| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | $271M | $330M | 33.5% | 9.5% |
| Op. Income | $27M | $11M | $25M | 150.1% | 5.4% |
| Gross Margin | 25.1% | 25.6% | 25.7% | -0.5pp | -0.6pp |
| Net Margin | 4.8% | 2.3% | 4.3% | 2.5pp | 0.5pp |
| EPS (Diluted) | $0.75 | $0.27 | $0.57 | 177.8% | 31.6% |
| Free Cash Flow | $68M | $32M | $33M | 110.6% | 106.4% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $335M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $335M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $332.0K |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$348.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $379M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $490M |
| PP&E (Net) | $131M |
| Goodwill | $32M |
| Intangible Assets | $0 |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $656M |
| Account Payables | $21M |
| Short-Term Debt | $233M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $312M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $262M |
| Retained Earnings | $155M |
| Treasury Stock | -$75M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $656M |
| Total Debt | $233M |
| Net Debt | $171M |
