| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $178M | $253M | 36.0% | -4.3% |
| Op. Income | $18M | $25M | $12M | -29.2% | 56.4% |
| Gross Margin | 33.4% | 39.7% | 21.4% | -6.4pp | 12.0pp |
| Net Margin | 2.7% | 7.4% | -0.4% | -4.7pp | 3.1pp |
| EPS (Diluted) | $0.17 | $0.33 | $-0.02 | -48.5% | 842.4% |
| Free Cash Flow | $42M | -$16M | $53M | 371.8% | -19.4% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $14M |
| Operating Expenses | $25M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $328.0K |
| 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 | $6M |
| D&A | $15M |
| EBIT | $21M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $14M |
| Operating Expenses | $25M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $328.0K |
| 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 | $6M |
| D&A | $15M |
| EBIT | $21M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $360.0K |
| Deferred Income Tax | $260.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$996.0K |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | $681.0K |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$112.0K |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $63M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $181M |
| PP&E (Net) | $441M |
| Goodwill | $18M |
| Intangible Assets | $4M |
| Long-Term Investments | -$3M |
| Tax Assets | $23M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $486M |
| TOTAL ASSETS | $667M |
| Account Payables | $62M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $570M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $596M |
| TOTAL LIABILITIES | $703M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$468M |
| Other Equity | $408M |
| TOTAL STOCKHOLDERS' EQUITY | -$36M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$34M |
| TOTAL LIABILITIES & EQUITY | $667M |
| Total Debt | $602M |
| Net Debt | $591M |
