| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $159M | $116M | 9.8% | 50.1% |
| Op. Income | $22M | $20M | $7M | 11.1% | 222.6% |
| Gross Margin | 42.3% | 44.6% | 45.4% | -2.3pp | -3.1pp |
| Net Margin | 8.1% | 7.8% | 3.2% | 0.3pp | 4.9pp |
| EPS (Diluted) | $0.29 | $0.26 | $0.08 | 11.5% | 262.5% |
| Free Cash Flow | $19M | $18M | -$3M | 5.1% | 836.3% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $74M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | -$328.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $22M |
| Interest Income | $205.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $74M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | -$328.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $22M |
| Interest Income | $205.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $889.0K |
| Other Non-Cash Items | $571.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $37M |
| Common Stock Repurchased | -$502.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $171M |
| Inventory | $132M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $425M |
| PP&E (Net) | $56M |
| Goodwill | $544M |
| Intangible Assets | $181M |
| Long-Term Investments | -$12M |
| Tax Assets | $12M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $787M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $277M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $306M |
| TOTAL LIABILITIES | $400M |
| Common Stock | $473.0K |
| Additional Paid-In Capital | $599M |
| Retained Earnings | $214M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $812M |
| Minority Interest | $0 |
| TOTAL EQUITY | $812M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $277M |
| Net Debt | $164M |
