| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $312M | $340M | 15.3% | 5.9% |
| Op. Income | $19M | $11M | $11M | 66.9% | 71.3% |
| Gross Margin | 45.4% | 43.4% | 45.3% | 2.0pp | 0.1pp |
| Net Margin | 2.0% | 1.4% | 1.1% | 0.6pp | 0.9pp |
| EPS (Diluted) | $0.22 | $0.13 | $0.11 | 69.2% | 100.0% |
| Free Cash Flow | -$40M | $79M | -$146M | -150.4% | 72.6% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $135M |
| Other Expenses | $250.0K |
| Operating Expenses | $145M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $135M |
| Other Expenses | $250.0K |
| Operating Expenses | $145M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $43.0K |
| Other Non-Cash Items | $751.0K |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $500M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $645M |
| PP&E (Net) | $186M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $555M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $174M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $404M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $514M |
| TOTAL LIABILITIES | $855M |
| Common Stock | $326.0K |
| Additional Paid-In Capital | $367M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $467M |
| Net Debt | $411M |
