| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $236M | $374M | 18.1% | -25.6% |
| Op. Income | $11M | $7M | $45M | 54.5% | -74.6% |
| Gross Margin | 18.8% | 18.3% | 22.1% | 0.5pp | -3.3pp |
| Net Margin | 2.0% | 0.8% | 7.9% | 1.2pp | -5.9pp |
| EPS (Diluted) | $0.12 | $0.04 | $0.64 | 200.0% | -81.3% |
| Free Cash Flow | $46M | $36M | -$17M | 27.4% | 370.4% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $52M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | -$3M |
| Operating Expenses | $41M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $12M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $52M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | -$3M |
| Operating Expenses | $41M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $12M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$298.8K |
| NET CASH FROM FINANCING | -$670.0K |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $232M |
| Inventory | $119M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $472M |
| PP&E (Net) | $68M |
| Goodwill | $81M |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $232M |
| TOTAL ASSETS | $704M |
| Account Payables | $165M |
| Short-Term Debt | $24M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $238M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $193M |
| TOTAL LIABILITIES | $431M |
| Common Stock | $712.0K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | $165M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$178M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $0 |
| TOTAL EQUITY | $273M |
| TOTAL LIABILITIES & EQUITY | $704M |
| Total Debt | $207M |
| Net Debt | $108M |
