| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $375M | $375M | $393M | -0.1% | -4.6% |
| Op. Income | $41M | $32M | $35M | 25.6% | 16.6% |
| Gross Margin | 17.1% | 15.9% | 15.0% | 1.2pp | 2.1pp |
| Net Margin | 6.8% | 5.1% | 5.5% | 1.7pp | 1.3pp |
| EPS (Diluted) | $1.57 | $1.18 | $1.29 | 33.1% | 21.7% |
| Free Cash Flow | $73M | $31M | $11M | 131.2% | 548.2% |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $311M |
| GROSS PROFIT | $64M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | -$800.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $334M |
| OPERATING INCOME | $41M |
| Interest Income | $200.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $39M |
| EBITDA | $51M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $375M |
| Cost of Revenue | $311M |
| GROSS PROFIT | $64M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | -$800.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $334M |
| OPERATING INCOME | $41M |
| Interest Income | $200.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $39M |
| EBITDA | $51M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $25M |
| Net Receivables | $260M |
| Inventory | $193M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $641M |
| Goodwill | $44M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $758M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $94M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$5M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $371M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $499M |
| TOTAL LIABILITIES | $675M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $193M |
| Treasury Stock | -$460M |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $397M |
| Net Debt | $225M |
