| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $330M | $343M | $333M | -3.5% | -0.7% |
| Op. Income | $19M | $16M | $19M | 13.0% | -1.2% |
| Gross Margin | 24.7% | 22.4% | 23.0% | 2.3pp | 1.8pp |
| Net Margin | 2.7% | 4.5% | 3.2% | -1.9pp | -0.5pp |
| EPS (Diluted) | $0.33 | $0.56 | $0.38 | -41.1% | -13.2% |
| Free Cash Flow | $33M | $33M | $1M | 0.1% | 2991.9% |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | -$1M |
| Operating Expenses | $59M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $292.0K |
| Other Income/Expenses | -$347.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $5M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | -$1M |
| Operating Expenses | $59M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $292.0K |
| Other Income/Expenses | -$347.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $5M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $367M |
| Inventory | $40M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $568M |
| PP&E (Net) | $19M |
| Goodwill | $77M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $191M |
| TOTAL ASSETS | $759M |
| Account Payables | $107M |
| Short-Term Debt | $154M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $353M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $386M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | $278M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $532.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $373M |
| Minority Interest | $0 |
| TOTAL EQUITY | $373M |
| TOTAL LIABILITIES & EQUITY | $759M |
| Total Debt | $164M |
| Net Debt | $46M |
