| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $304M | $335M | -22.5% | -29.8% |
| Op. Income | $7M | $22M | $49M | -67.0% | -84.8% |
| Gross Margin | 18.3% | 18.8% | 23.3% | -0.5pp | -5.0pp |
| Net Margin | 0.8% | 4.2% | 9.5% | -3.4pp | -8.7pp |
| EPS (Diluted) | $0.04 | $0.28 | $0.69 | -85.7% | -94.2% |
| Free Cash Flow | $36M | $33M | $21M | 9.1% | 74.3% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $43M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $550.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $43M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $550.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $677.0K |
| Other Non-Cash Items | $774.0K |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $115.7K |
| NET CASH FROM FINANCING | -$83.0K |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $236M |
| Inventory | $133M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $520M |
| PP&E (Net) | $67M |
| Goodwill | $45M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $670M |
| Account Payables | $178M |
| Short-Term Debt | $19M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $428M |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $269M |
| Retained Earnings | $159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$186M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $242M |
| Minority Interest | $0 |
| TOTAL EQUITY | $242M |
| TOTAL LIABILITIES & EQUITY | $670M |
| Total Debt | $208M |
| Net Debt | $81M |
