| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | $325M | $357M | 16.2% | 6.0% |
| Op. Income | $20M | $14M | $20M | 41.6% | 0.1% |
| Gross Margin | 22.7% | 25.0% | 22.6% | -2.3pp | 0.1pp |
| Net Margin | 4.3% | 4.6% | 4.3% | -0.3pp | -0.0pp |
| EPS (Diluted) | $0.60 | $0.56 | $0.56 | 7.1% | 7.1% |
| Free Cash Flow | -$89M | $34M | -$51M | -360.7% | -75.5% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $292M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $628.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $292M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $628.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3.0K |
| Other Non-Cash Items | $126.0K |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | -$87M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $292.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$265.0K |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $507M |
| Inventory | $58M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $30M |
| Goodwill | $111M |
| Intangible Assets | $37M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $249M |
| TOTAL ASSETS | $875M |
| Account Payables | $109M |
| Short-Term Debt | $201M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $407M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $446M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $139M |
| Retained Earnings | $357M |
| Treasury Stock | -$67M |
| Accum. Other Comp. Income | -$534.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $429M |
| Minority Interest | $0 |
| TOTAL EQUITY | $429M |
| TOTAL LIABILITIES & EQUITY | $875M |
| Total Debt | $222M |
| Net Debt | $186M |
