| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $171M | $182M | 3.2% | -2.8% |
| Op. Income | $11M | $8M | $20M | 34.7% | -46.1% |
| Gross Margin | 65.9% | 63.1% | 66.3% | 2.8pp | -0.4pp |
| Net Margin | 2.5% | 1.2% | 6.2% | 1.2pp | -3.7pp |
| EPS (Diluted) | $0.50 | $0.25 | $1.30 | 100.0% | -61.5% |
| Free Cash Flow | $206.0K | $7M | $3M | -97.0% | -93.9% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $11M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $11M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$804.0K |
| Other Non-Cash Items | $372.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $4M |
| 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 | -$700.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $206.0K |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $85M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $338M |
| Goodwill | $197M |
| Intangible Assets | $133M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $306.0K |
| TOTAL NON-CURRENT ASSETS | $668M |
| TOTAL ASSETS | $804M |
| Account Payables | $55M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $237M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $497M |
| TOTAL LIABILITIES | $636M |
| Common Stock | $441.0K |
| Additional Paid-In Capital | $122M |
| Retained Earnings | $46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $168M |
| Minority Interest | $0 |
| TOTAL EQUITY | $168M |
| TOTAL LIABILITIES & EQUITY | $804M |
| Total Debt | $489M |
| Net Debt | $475M |
