| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $407M | $378M | $345M | 7.8% | 18.1% |
| Op. Income | $26M | $20M | $25M | 26.7% | 5.6% |
| Gross Margin | 23.4% | 22.7% | 24.8% | 0.7pp | -1.4pp |
| Net Margin | 4.9% | 4.3% | 5.2% | 0.7pp | -0.3pp |
| EPS (Diluted) | $0.76 | $0.60 | $0.67 | 26.7% | 13.4% |
| Free Cash Flow | $30M | -$89M | $27M | 133.3% | 9.2% |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $312M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $576.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $29M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $312M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $576.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $29M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $47.0K |
| Other Non-Cash Items | -$12.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$374.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$520.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $502M |
| Inventory | $57M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $642M |
| PP&E (Net) | $35M |
| Goodwill | $118M |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $273M |
| TOTAL ASSETS | $914M |
| Account Payables | $107M |
| Short-Term Debt | $207M |
| Deferred Revenue | $50M |
| Other Current Liabilities | -$102M |
| TOTAL CURRENT LIABILITIES | $421M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $464M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $377M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$884.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $450M |
| Minority Interest | $0 |
| TOTAL EQUITY | $450M |
| TOTAL LIABILITIES & EQUITY | $914M |
| Total Debt | $231M |
| Net Debt | $175M |
