| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $154M | $141M | 22.6% | 33.9% |
| Op. Income | $6M | $3M | $6M | 71.8% | -4.6% |
| Gross Margin | 13.7% | 13.4% | 15.2% | 0.3pp | -1.5pp |
| Net Margin | 4.2% | 0.6% | 2.5% | 3.6pp | 1.7pp |
| EPS (Diluted) | $0.35 | $0.04 | $0.15 | 775.0% | 133.3% |
| Free Cash Flow | $28M | $2M | $31M | 1233.0% | -7.9% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $26M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $20M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $6M |
| EBIT | $6M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $26M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $20M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $6M |
| EBIT | $6M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $241.0K |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $32M |
| 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 | -$187.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $127M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $59M |
| Goodwill | $173M |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $290M |
| TOTAL ASSETS | $567M |
| Account Payables | $132M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $210.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $345M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $242M |
| Retained Earnings | $71M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $221M |
| Minority Interest | $0 |
| TOTAL EQUITY | $221M |
| TOTAL LIABILITIES & EQUITY | $567M |
| Total Debt | $193M |
| Net Debt | $132M |
