| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $369M | $375M | $389M | -1.7% | -5.3% |
| Op. Income | $10M | $41M | $37M | -76.4% | -74.0% |
| Gross Margin | 19.2% | 17.1% | 15.6% | 2.1pp | 3.6pp |
| Net Margin | -2.9% | 6.8% | 6.1% | -9.7pp | -8.9pp |
| EPS (Diluted) | $-0.67 | $1.57 | $1.47 | -142.7% | -145.6% |
| Free Cash Flow | $59M | $73M | $17M | -18.9% | 252.7% |
| Item | Amount |
|---|---|
| REVENUE | $369M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $71M |
| R&D Expenses | $11M |
| Selling & Marketing | $400.0K |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $27M |
| Operating Expenses | $61M |
| Cost & Expenses | $359M |
| OPERATING INCOME | $10M |
| Interest Income | $100.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $13M |
| EBIT | $34M |
| EBITDA | $47M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | $108M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $265M |
| Short-Term Investments | $79M |
| Net Receivables | $240M |
| Inventory | $178M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $780M |
| PP&E (Net) | $648M |
| Goodwill | $19M |
| Intangible Assets | $30M |
| Long-Term Investments | $16M |
| Tax Assets | $12M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $746M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $92M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $493M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $622M |
| TOTAL LIABILITIES | $792M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $173M |
| Treasury Stock | -$463M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $734M |
| Minority Interest | $0 |
| TOTAL EQUITY | $734M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $528M |
| Net Debt | $264M |
