| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $298M | $297M | 2.7% | 3.0% |
| Op. Income | $6M | $23M | $19M | -72.4% | -66.3% |
| Gross Margin | 21.3% | 23.4% | 21.8% | -2.0pp | -0.5pp |
| Net Margin | 1.1% | 5.2% | 6.7% | -4.1pp | -5.6pp |
| EPS (Diluted) | $0.17 | $0.75 | $0.97 | -77.3% | -82.5% |
| Free Cash Flow | $25M | $37M | $14M | -32.2% | 83.6% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $65M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $18M |
| Operating Expenses | $59M |
| Cost & Expenses | $300M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $436.0K |
| Other Income/Expenses | -$563.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $9M |
| EBIT | $22M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $65M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $18M |
| Operating Expenses | $59M |
| Cost & Expenses | $300M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $436.0K |
| Other Income/Expenses | -$563.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $9M |
| EBIT | $22M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $277.0K |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$497.0K |
| Common Stock Repurchased | -$69.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $165M |
| Inventory | $192M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $259M |
| Goodwill | $79M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $364M |
| TOTAL ASSETS | $840M |
| Account Payables | $44M |
| Short-Term Debt | $857.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $248M |
| Additional Paid-In Capital | $248M |
| Retained Earnings | $577M |
| Treasury Stock | -$187M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | -$244M |
| TOTAL STOCKHOLDERS' EQUITY | $598M |
| Minority Interest | $0 |
| TOTAL EQUITY | $598M |
| TOTAL LIABILITIES & EQUITY | $840M |
| Total Debt | $39M |
| Net Debt | -$55M |
