| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $325M | $346M | $330M | -5.9% | -1.5% |
| Op. Income | $14M | $20M | $19M | -27.7% | -21.8% |
| Gross Margin | 25.0% | 24.0% | 24.7% | 1.0pp | 0.3pp |
| Net Margin | 4.6% | 4.3% | 2.7% | 0.3pp | 1.9pp |
| EPS (Diluted) | $0.56 | $0.55 | $0.33 | 1.8% | 69.7% |
| Free Cash Flow | $34M | $17M | $33M | 98.1% | 4.4% |
| Item | Amount |
|---|---|
| REVENUE | $325M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $4M |
| Operating Expenses | $67M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $545.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| 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 | $16M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $325M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $4M |
| Operating Expenses | $67M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $545.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| 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 | $16M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $405M |
| Inventory | $50M |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $560M |
| PP&E (Net) | $17M |
| Goodwill | $111M |
| Intangible Assets | $39M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $226M |
| TOTAL ASSETS | $786M |
| Account Payables | $87M |
| Short-Term Debt | $154M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $362M |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $341M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$271.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $424M |
| Minority Interest | $0 |
| TOTAL EQUITY | $424M |
| TOTAL LIABILITIES & EQUITY | $786M |
| Total Debt | $165M |
| Net Debt | $85M |
