| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $103M | $110M | 11.0% | 3.7% |
| Op. Income | $17M | $10M | $18M | 79.3% | -2.9% |
| Gross Margin | 50.9% | 50.1% | 51.8% | 0.8pp | -0.9pp |
| Net Margin | 15.0% | 10.5% | 16.0% | 4.4pp | -1.1pp |
| EPS (Diluted) | $0.29 | $0.19 | $0.30 | 52.6% | -3.3% |
| Free Cash Flow | $16M | $14M | $14M | 8.8% | 11.0% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $58M |
| R&D Expenses | $18M |
| Selling & Marketing | $13M |
| General & Administrative | $7M |
| SG&A Expenses | $20M |
| Other Expenses | $1M |
| Operating Expenses | $38M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $58M |
| R&D Expenses | $18M |
| Selling & Marketing | $13M |
| General & Administrative | $7M |
| SG&A Expenses | $20M |
| Other Expenses | $1M |
| Operating Expenses | $38M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$381.0K |
| Other Non-Cash Items | -$4.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$994.0K |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $165M |
| Net Receivables | $26M |
| Inventory | $89M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $115M |
| Goodwill | $92M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $262M |
| TOTAL ASSETS | $636M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $152.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $71M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $144M |
| Retained Earnings | $423M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $565M |
| Minority Interest | $0 |
| TOTAL EQUITY | $565M |
| TOTAL LIABILITIES & EQUITY | $636M |
| Total Debt | $7M |
| Net Debt | -$73M |
