| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $322M | $370M | $386M | -12.9% | -16.5% |
| Op. Income | $34M | $44M | $30M | -22.3% | 16.5% |
| Gross Margin | 27.6% | 26.7% | 24.8% | 0.9pp | 2.8pp |
| Net Margin | 5.9% | 6.6% | 5.3% | -0.7pp | 0.6pp |
| EPS (Diluted) | $0.31 | $0.39 | $0.33 | -20.5% | -6.1% |
| Free Cash Flow | $30M | $34M | $30M | -11.6% | -0.3% |
| Item | Amount |
|---|---|
| REVENUE | $322M |
| Cost of Revenue | $233M |
| GROSS PROFIT | $89M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $25M |
| EBIT | $30M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $322M |
| Cost of Revenue | $233M |
| GROSS PROFIT | $89M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $25M |
| EBIT | $30M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$682.6K |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $11M |
| Net Receivables | $267M |
| Inventory | $165M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $508M |
| PP&E (Net) | $562M |
| Goodwill | $77M |
| Intangible Assets | $51M |
| Long-Term Investments | $8M |
| Tax Assets | $49M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $750M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $156M |
| Short-Term Debt | $36M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $630M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $786M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $85M |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $78M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $186M |
| Minority Interest | $0 |
| TOTAL EQUITY | $186M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $696M |
| Net Debt | $632M |
