| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $278M | $224M | -4.5% | 18.1% |
| Op. Income | $7M | $13M | $4M | -49.6% | 74.3% |
| Gross Margin | 27.3% | 28.0% | 26.0% | -0.7pp | 1.3pp |
| Net Margin | 1.8% | 3.5% | 0.9% | -1.7pp | 0.9pp |
| EPS (Diluted) | $0.21 | $0.43 | $0.09 | -51.2% | 133.3% |
| Free Cash Flow | $3M | $35M | $744.0K | -92.0% | 271.0% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $59M |
| Operating Expenses | $66M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $505.0K |
| Other Income/Expenses | -$505.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $8M |
| EBIT | $7M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $59M |
| Operating Expenses | $66M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $505.0K |
| Other Income/Expenses | -$505.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $8M |
| EBIT | $7M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $199.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$819.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$587.0K |
| Common Stock Repurchased | -$115.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $481.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $96M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $528M |
| Goodwill | $5M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $668.0K |
| TOTAL NON-CURRENT ASSETS | $539M |
| TOTAL ASSETS | $675M |
| Account Payables | $70M |
| Short-Term Debt | $35M |
| Deferred Revenue | $1M |
| Other Current Liabilities | -$27M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $362M |
| Deferred Revenue NC | -$362M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $376M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | $114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$201M |
| Other Equity | $201M |
| TOTAL STOCKHOLDERS' EQUITY | $171M |
| Minority Interest | $0 |
| TOTAL EQUITY | $171M |
| TOTAL LIABILITIES & EQUITY | $675M |
| Total Debt | $397M |
| Net Debt | $367M |
