| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $331M | $347M | $305M | -4.5% | 8.4% |
| Op. Income | $63M | $37M | $41M | 69.0% | 53.4% |
| Gross Margin | 23.5% | 15.1% | 17.6% | 8.4pp | 6.0pp |
| Net Margin | 12.4% | 4.8% | 6.9% | 7.6pp | 5.5pp |
| EPS (Diluted) | $0.63 | $0.26 | $0.32 | 142.3% | 96.9% |
| Free Cash Flow | -$16M | $57M | $19M | -128.3% | -184.7% |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $23M |
| EBIT | $63M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $23M |
| EBIT | $63M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $970.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $211.0K |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$944.0K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $0 |
| Net Receivables | $194M |
| Inventory | $230M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $678M |
| PP&E (Net) | $834M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | -$5M |
| Tax Assets | $5M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $863M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $697M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $797M |
| TOTAL LIABILITIES | $971M |
| Common Stock | $65M |
| Additional Paid-In Capital | $341M |
| Retained Earnings | $265M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $570M |
| Minority Interest | $0 |
| TOTAL EQUITY | $570M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $733M |
| Net Debt | $491M |
