| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $409M | $403M | $404M | 1.4% | 1.2% |
| Op. Income | $61M | $54M | $53M | 13.5% | 14.4% |
| Gross Margin | 53.9% | 55.0% | 56.3% | -1.1pp | -2.4pp |
| Net Margin | 12.6% | 13.3% | 8.8% | -0.7pp | 3.8pp |
| EPS (Diluted) | $0.31 | $0.32 | $0.21 | -3.6% | 45.1% |
| Free Cash Flow | $155M | $91M | $44M | 69.4% | 248.3% |
| Item | Amount |
|---|---|
| REVENUE | $409M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $220M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | -$2M |
| Operating Expenses | $160M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | $807.1K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $33M |
| EBIT | $64M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $409M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $220M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | -$2M |
| Operating Expenses | $160M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | $807.1K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $33M |
| EBIT | $64M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$273M |
| Sales/Maturities of Investments | $199M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$103M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $155M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $245M |
| Net Receivables | $395M |
| Inventory | $360M |
| Other Current Assets | $181M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $588M |
| Goodwill | $42M |
| Intangible Assets | $481M |
| Long-Term Investments | $34M |
| Tax Assets | $52M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $169M |
| Short-Term Debt | $191M |
| Deferred Revenue | $50M |
| Other Current Liabilities | $242M |
| TOTAL CURRENT LIABILITIES | $664M |
| Long-Term Debt | $256M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $302M |
| TOTAL LIABILITIES | $966M |
| Common Stock | $9M |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $465M |
| Net Debt | $447M |
