| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $334M | $325M | $288M | 2.8% | 15.9% |
| Op. Income | $31M | $41M | $35M | -24.6% | -11.8% |
| Gross Margin | 37.2% | 40.9% | 39.1% | -3.7pp | -1.9pp |
| Net Margin | 7.5% | 11.9% | 10.4% | -4.4pp | -2.8pp |
| EPS (Diluted) | $0.38 | $0.59 | $0.45 | -35.6% | -15.6% |
| Free Cash Flow | -$24M | $2M | $2M | -1371.7% | -1520.4% |
| Item | Amount |
|---|---|
| REVENUE | $334M |
| Cost of Revenue | $210M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $6M |
| Operating Expenses | $93M |
| Cost & Expenses | $303M |
| OPERATING INCOME | $31M |
| Interest Income | $372.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $372.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $33M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $334M |
| Cost of Revenue | $210M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $6M |
| Operating Expenses | $93M |
| Cost & Expenses | $303M |
| OPERATING INCOME | $31M |
| Interest Income | $372.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $372.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $33M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$226.0K |
| Other Non-Cash Items | $61.0K |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $43M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$89.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $939.0K |
| NET CASH FROM FINANCING | $850.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $355M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $440M |
| PP&E (Net) | $427M |
| Goodwill | $445M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $92M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $7.0K |
| TOTAL NON-CURRENT LIABILITIES | $320M |
| TOTAL LIABILITIES | $527M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $611M |
| Retained Earnings | $406M |
| Treasury Stock | -$86.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $320M |
| Net Debt | $242M |
