| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $150M | $139M | -31.5% | -26.3% |
| Op. Income | $66M | $68M | $38M | -3.4% | 75.3% |
| Gross Margin | 69.9% | 80.3% | 91.0% | -10.3pp | -21.1pp |
| Net Margin | 38.7% | 15.5% | -13.9% | 23.2pp | 52.6pp |
| EPS (Diluted) | $0.20 | $0.12 | $-0.11 | 66.7% | 281.8% |
| Free Cash Flow | $95M | $85M | $146M | 12.2% | -34.6% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $38M |
| EBIT | $28M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $38M |
| EBIT | $28M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $990.0K |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$204M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$88M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$49M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$111M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$573M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
