| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $222M | $223M | -12.7% | -13.1% |
| Op. Income | $15M | $30M | $27M | -51.2% | -45.6% |
| Gross Margin | 33.1% | 35.6% | 35.2% | -2.4pp | -2.0pp |
| Net Margin | -14.8% | 10.5% | 11.0% | -25.4pp | -25.8pp |
| EPS (Diluted) | $-1.55 | $1.25 | $1.31 | -224.0% | -218.3% |
| Free Cash Flow | $33M | $33M | $23M | -1.5% | 44.0% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $64M |
| R&D Expenses | $8M |
| Selling & Marketing | $4M |
| General & Administrative | $38M |
| SG&A Expenses | $41M |
| Other Expenses | $73.0K |
| Operating Expenses | $50M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $27M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$241.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $149M |
| Inventory | $133M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $464M |
| PP&E (Net) | $265M |
| Goodwill | $263M |
| Intangible Assets | $159M |
| Long-Term Investments | $90M |
| Tax Assets | $17M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $809M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $33M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $123M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $19M |
| Additional Paid-In Capital | $139M |
| Retained Earnings | $824M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $934M |
| Minority Interest | $0 |
| TOTAL EQUITY | $934M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $132M |
| Net Debt | -$35M |
