| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $214M | $179M | 1.0% | 20.6% |
| Op. Income | $30M | $35M | $27M | -14.9% | 11.4% |
| Gross Margin | 29.7% | 29.8% | 30.8% | -0.1pp | -1.2pp |
| Net Margin | 11.1% | 12.8% | 10.8% | -1.7pp | 0.3pp |
| EPS (Diluted) | $0.63 | $0.73 | $0.52 | -13.7% | 21.2% |
| Free Cash Flow | $58M | $43M | $50M | 34.7% | 16.9% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $5M |
| Operating Expenses | $34M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $253.0K |
| Other Income/Expenses | -$526.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $30M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $5M |
| Operating Expenses | $34M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $253.0K |
| Other Income/Expenses | -$526.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $30M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $999.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $30.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $140M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $250M |
| PP&E (Net) | $96M |
| Goodwill | $662M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $293.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $822M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $170M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $314M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $360.0K |
| Additional Paid-In Capital | $663M |
| Retained Earnings | $38M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $692M |
| Minority Interest | $0 |
| TOTAL EQUITY | $692M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $46M |
| Net Debt | -$33M |
