| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $239M | $271M | 0.9% | -10.8% |
| Op. Income | $78M | $71M | $84M | 9.3% | -7.1% |
| Gross Margin | 57.7% | 57.4% | 54.6% | 0.2pp | 3.1pp |
| Net Margin | 15.8% | 12.9% | 116.3% | 2.9pp | -100.5pp |
| EPS (Diluted) | $0.73 | $0.59 | $5.88 | 23.7% | -87.6% |
| Free Cash Flow | $41M | $37M | $42M | 12.6% | -2.4% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $20M |
| SG&A Expenses | $55M |
| Other Expenses | -$218.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $78M |
| Interest Income | $39.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $8M |
| EBIT | $78M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $20M |
| SG&A Expenses | $55M |
| Other Expenses | -$218.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $78M |
| Interest Income | $39.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $8M |
| EBIT | $78M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $141M |
| Inventory | $120M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $293M |
| PP&E (Net) | $52M |
| Goodwill | $612M |
| Intangible Assets | $2.7B |
| Long-Term Investments | -$444M |
| Tax Assets | $444M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $444M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $536.0K |
| Additional Paid-In Capital | $478M |
| Retained Earnings | $841M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
