| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $314M | $207M | 6.9% | 62.1% |
| Op. Income | $49M | $45M | $20M | 8.0% | 138.9% |
| Gross Margin | 23.3% | 23.3% | 22.9% | 0.0pp | 0.4pp |
| Net Margin | 9.5% | 11.7% | 3.8% | -2.2pp | 5.7pp |
| EPS (Diluted) | $0.69 | $0.80 | $0.25 | -13.8% | 176.0% |
| Free Cash Flow | $21M | $30M | $5M | -32.2% | 317.4% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $78M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $6M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $78M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $6M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$422.0K |
| Other Non-Cash Items | $870.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $57.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $183.8K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $265M |
| Inventory | $148M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $495M |
| PP&E (Net) | $53M |
| Goodwill | $43M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $613M |
| Account Payables | $265M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $308M |
| Long-Term Debt | $137M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $351.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $139M |
| TOTAL LIABILITIES | $447M |
| Common Stock | $672.0K |
| Additional Paid-In Capital | $245M |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$162M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $613M |
| Total Debt | $159M |
| Net Debt | $94M |
