| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $178M | $171M | -0.8% | 3.2% |
| Op. Income | $28M | $28M | $32M | 0.7% | -12.3% |
| Gross Margin | 45.2% | 44.5% | 46.5% | 0.7pp | -1.2pp |
| Net Margin | 12.5% | 12.3% | 13.9% | 0.2pp | -1.4pp |
| EPS (Diluted) | $2.19 | $2.18 | $2.37 | 0.5% | -7.6% |
| Free Cash Flow | $82M | -$35M | $81M | 334.7% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $80M |
| R&D Expenses | $5M |
| Selling & Marketing | $36M |
| General & Administrative | $10M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $28M |
| Interest Income | $434.0K |
| Interest Expense | $64.0K |
| Other Income/Expenses | $863.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $80M |
| R&D Expenses | $5M |
| Selling & Marketing | $36M |
| General & Administrative | $10M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $28M |
| Interest Income | $434.0K |
| Interest Expense | $64.0K |
| Other Income/Expenses | $863.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $574.0K |
| Deferred Income Tax | $317.0K |
| Other Non-Cash Items | -$49.0K |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $96M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $58M |
| Goodwill | $11M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $446M |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $504.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | $246M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $323M |
| Minority Interest | $0 |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $446M |
| Total Debt | $0 |
| Net Debt | -$149M |
