| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $107M | $95M | -8.8% | 2.9% |
| Op. Income | $15M | $18M | $16M | -19.8% | -8.0% |
| Gross Margin | 45.7% | 46.7% | 47.0% | -1.0pp | -1.3pp |
| Net Margin | 13.4% | 15.0% | 17.5% | -1.6pp | -4.1pp |
| EPS (Diluted) | $0.13 | $0.15 | $0.16 | -13.3% | -18.8% |
| Free Cash Flow | $5M | $12M | $13M | -55.3% | -60.7% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $45M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $15M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $45M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $15M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$125M |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $349.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $153M |
| Net Receivables | $80M |
| Inventory | $85M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $76M |
| Goodwill | $104M |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | -$14M |
| TOTAL NON-CURRENT ASSETS | $250M |
| TOTAL ASSETS | $673M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $8M |
| Additional Paid-In Capital | $217M |
| Retained Earnings | $403M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $620M |
| Minority Interest | $0 |
| TOTAL EQUITY | $620M |
| TOTAL LIABILITIES & EQUITY | $673M |
| Total Debt | $0 |
| Net Debt | -$94M |
