| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.1B | $1.8B | -4.7% | 11.8% |
| Op. Income | $67M | $78M | $47M | -13.8% | 43.2% |
| Gross Margin | 7.3% | 7.2% | 6.5% | 0.1pp | 0.8pp |
| Net Margin | 2.1% | 1.9% | 1.9% | 0.2pp | 0.2pp |
| EPS (Diluted) | $0.60 | $0.57 | $0.47 | 5.3% | 27.7% |
| Free Cash Flow | $136M | $70M | $35M | 95.0% | 286.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $148M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $67M |
| Interest Income | $330.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $30M |
| EBIT | $75M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $148M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $67M |
| Interest Income | $330.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $30M |
| EBIT | $75M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $83M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$499.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$135M |
| Common Stock Repurchased | -$604.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $414M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $915M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $635M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $308M |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $155M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $200M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $351M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $213M |
| TOTAL NON-CURRENT LIABILITIES | $565M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $6.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.9B |
| Treasury Stock | -$804M |
| Accum. Other Comp. Income | $58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $506M |
| Net Debt | $92M |
