| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $175M | $183M | -19.3% | -22.7% |
| Op. Income | $6M | $12M | $14M | -48.2% | -57.9% |
| Gross Margin | 15.2% | 16.1% | 16.8% | -0.9pp | -1.6pp |
| Net Margin | 2.5% | 5.5% | 7.9% | -3.0pp | -5.4pp |
| EPS (Diluted) | $0.15 | $0.39 | $0.54 | -61.5% | -72.2% |
| Free Cash Flow | $31M | -$5M | $36M | 668.7% | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $21M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $181.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $50.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $21M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $181.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $50.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$441.0K |
| Other Non-Cash Items | $239.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $93.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $121M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $42M |
| Goodwill | $173M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $906.0K |
| TOTAL NON-CURRENT ASSETS | $274M |
| TOTAL ASSETS | $485M |
| Account Payables | $64M |
| Short-Term Debt | $9M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $192M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $199M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | $60M |
| Treasury Stock | -$90M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $198M |
| Minority Interest | $0 |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $485M |
| Total Debt | $201M |
| Net Debt | $157M |
