| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $64M | $79M | 12.4% | -9.4% |
| Op. Income | $9M | $6M | $12M | 42.8% | -30.3% |
| Gross Margin | 20.5% | 19.6% | 24.5% | 0.9pp | -4.1pp |
| Net Margin | 11.4% | 9.3% | 13.6% | 2.0pp | -2.2pp |
| EPS (Diluted) | $1.16 | $0.85 | $1.54 | 36.5% | -24.7% |
| Free Cash Flow | -$5M | $9M | $6M | -153.1% | -186.2% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $3.0K |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $950.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $3.0K |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $950.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $950.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | -$4.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $209.0K |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $92M |
| Net Receivables | $44M |
| Inventory | $114M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $44M |
| Goodwill | $11M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $385M |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $7M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $335M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | $180.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $339M |
| Minority Interest | $0 |
| TOTAL EQUITY | $339M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $4M |
| Net Debt | -$60M |
