| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $219M | $152M | -31.7% | -1.3% |
| Op. Income | $68M | $131M | $74M | -47.9% | -7.3% |
| Gross Margin | 80.3% | 86.1% | 91.7% | -5.9pp | -11.4pp |
| Net Margin | 15.5% | 38.1% | 23.2% | -22.6pp | -7.7pp |
| EPS (Diluted) | $0.12 | $0.46 | $0.20 | -73.9% | -40.0% |
| Free Cash Flow | $85M | $138M | $71M | -38.3% | 19.1% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $215.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $826.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $43M |
| EBIT | $53M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $215.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $826.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $43M |
| EBIT | $53M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$113.0K |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$85M |
| Other Financing Activities | -$45.0K |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $210M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $5.4B |
| Goodwill | $0 |
| Intangible Assets | $105M |
| Long-Term Investments | $369M |
| Tax Assets | -$5.4B |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $109M |
| Short-Term Debt | $869.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | -$524M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
