| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $375M | $395M | $415M | -5.0% | -9.7% |
| Op. Income | $32M | $43M | $35M | -24.7% | -6.6% |
| Gross Margin | 15.9% | 17.3% | 14.7% | -1.3pp | 1.2pp |
| Net Margin | 5.1% | 7.1% | 5.0% | -2.0pp | 0.1pp |
| EPS (Diluted) | $1.18 | $1.71 | $1.22 | -31.0% | -3.3% |
| Free Cash Flow | $31M | $9M | $42M | 241.3% | -24.9% |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $316M |
| GROSS PROFIT | $60M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | -$100.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $32M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $12M |
| EBIT | $31M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $316M |
| GROSS PROFIT | $60M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | -$100.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $32M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $12M |
| EBIT | $31M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $24M |
| Net Receivables | $250M |
| Inventory | $231M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $641M |
| Goodwill | $44M |
| Intangible Assets | $31M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $772M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $101M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $371M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $497M |
| TOTAL LIABILITIES | $676M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $177M |
| Treasury Stock | -$448M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $746M |
| Minority Interest | $0 |
| TOTAL EQUITY | $746M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $397M |
| Net Debt | $275M |
