| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393M | $415M | $333M | -5.4% | 18.1% |
| Op. Income | $35M | $35M | $40M | 0.6% | -12.3% |
| Gross Margin | 15.0% | 14.7% | 19.9% | 0.2pp | -4.9pp |
| Net Margin | 5.5% | 5.0% | 6.0% | 0.5pp | -0.5pp |
| EPS (Diluted) | $1.29 | $1.22 | $1.16 | 5.7% | 11.2% |
| Free Cash Flow | $11M | $42M | $42M | -73.2% | -73.3% |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $59M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $700.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $35M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| 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 | $11M |
| EBIT | $34M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $59M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $700.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $35M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| 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 | $11M |
| EBIT | $34M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | -$88M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $88M |
| Net Receivables | $270M |
| Inventory | $196M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $673M |
| PP&E (Net) | $595M |
| Goodwill | $43M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $42M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $753M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $120M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $471M |
| TOTAL LIABILITIES | $664M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $136M |
| Treasury Stock | -$391M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $763M |
| Minority Interest | $0 |
| TOTAL EQUITY | $763M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $370M |
| Net Debt | $276M |
