| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $249M | $165M | -29.6% | 6.5% |
| Op. Income | $12M | $26M | $9M | -55.4% | 35.0% |
| Gross Margin | 16.1% | 17.6% | 14.7% | -1.5pp | 1.4pp |
| Net Margin | 5.5% | 11.3% | 8.7% | -5.8pp | -3.2pp |
| EPS (Diluted) | $0.39 | $1.07 | $0.54 | -63.6% | -27.8% |
| Free Cash Flow | -$5M | $26M | -$8M | -120.8% | 32.6% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $28M |
| R&D Expenses | $2M |
| Selling & Marketing | -$42.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $84.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$558.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $6M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $28M |
| R&D Expenses | $2M |
| Selling & Marketing | -$42.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $84.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$558.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $6M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $240.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $325.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $134M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $40M |
| Goodwill | $173M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $994.0K |
| Other Non-Current Assets | $860.0K |
| TOTAL NON-CURRENT ASSETS | $276M |
| TOTAL ASSETS | $512M |
| Account Payables | $78M |
| Short-Term Debt | $9M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $189M |
| TOTAL LIABILITIES | $289M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | $56M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $512M |
| Total Debt | $191M |
| Net Debt | $158M |
