| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $345M | $343M | 0.2% | 0.9% |
| Op. Income | $20M | $25M | $16M | -18.5% | 22.2% |
| Gross Margin | 24.0% | 24.8% | 22.4% | -0.8pp | 1.6pp |
| Net Margin | 4.3% | 5.2% | 4.5% | -0.9pp | -0.2pp |
| EPS (Diluted) | $0.55 | $0.67 | $0.56 | -17.9% | -1.8% |
| Free Cash Flow | $17M | $27M | $33M | -36.5% | -47.2% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | -$407.0K |
| Operating Expenses | $59M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $443.0K |
| Other Income/Expenses | $721.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | -$407.0K |
| Operating Expenses | $59M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $443.0K |
| Other Income/Expenses | $721.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$45.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$520.0K |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $453M |
| Inventory | $51M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $613M |
| PP&E (Net) | $19M |
| Goodwill | $76M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $798M |
| Account Payables | $100M |
| Short-Term Debt | $183M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $361M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $389M |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $326M |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | -$570.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $409M |
| Minority Interest | $0 |
| TOTAL EQUITY | $409M |
| TOTAL LIABILITIES & EQUITY | $798M |
| Total Debt | $191M |
| Net Debt | $107M |
