| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $205M | — | 15.0% | — |
| Op. Income | $36M | $13M | — | 179.8% | — |
| Gross Margin | 39.1% | 36.6% | — | 2.5pp | — |
| Net Margin | 10.8% | 2.9% | — | 7.9pp | — |
| EPS (Diluted) | $0.27 | $0.06 | — | 350.0% | — |
| Free Cash Flow | $32M | $13M | — | 148.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $144M |
| GROSS PROFIT | $92M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| 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 | $13M |
| EBIT | $34M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $144M |
| GROSS PROFIT | $92M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| 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 | $13M |
| EBIT | $34M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $162M |
| Inventory | $151M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $243M |
| Goodwill | $891M |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $74M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $155M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $211M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $201M |
| Net Debt | $131M |
