| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $81M | $105M | -1.4% | -24.0% |
| Op. Income | $26M | $25M | $42M | 6.7% | -37.2% |
| Gross Margin | 41.8% | 40.7% | 46.6% | 1.1pp | -4.7pp |
| Net Margin | 29.1% | 34.5% | -1.6% | -5.4pp | 30.7pp |
| EPS (Diluted) | $0.45 | $0.55 | $-0.04 | -18.2% | 1367.6% |
| Free Cash Flow | $37M | $43M | $51M | -14.9% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $430.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $35M |
| EBIT | $41M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $430.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $35M |
| EBIT | $41M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $85M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$702.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$162M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$174.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $198M |
| TOTAL CURRENT ASSETS | $308M |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $406M |
| Long-Term Investments | $60M |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $24M |
| Short-Term Debt | $55M |
| Deferred Revenue | $31M |
| Other Current Liabilities | -$97M |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $16M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
