| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $265M | $172M | 18.3% | 82.6% |
| Op. Income | $45M | $31M | $9M | 43.3% | 384.5% |
| Gross Margin | 23.3% | 21.8% | 21.6% | 1.5pp | 1.6pp |
| Net Margin | 11.7% | 7.9% | -1.4% | 3.8pp | 13.1pp |
| EPS (Diluted) | $0.80 | $0.46 | $-0.06 | 73.9% | 1518.4% |
| Free Cash Flow | $30M | $8M | -$3M | 268.4% | 1127.5% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $73M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $6M |
| EBIT | $48M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $73M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $6M |
| EBIT | $48M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$734.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $66.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$288.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$446.2K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $226M |
| Inventory | $149M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $442M |
| PP&E (Net) | $53M |
| Goodwill | $46M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $565M |
| Account Payables | $226M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $273M |
| Long-Term Debt | $143M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $730.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $418M |
| Common Stock | $666.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $565M |
| Total Debt | $166M |
| Net Debt | $114M |
