| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $893M | $1.0B | $896M | -14.6% | -0.3% |
| Op. Income | $19M | $30M | $18M | -36.7% | 4.8% |
| Gross Margin | 12.3% | 11.5% | 11.6% | 0.8pp | 0.7pp |
| Net Margin | 1.3% | 1.9% | 1.2% | -0.6pp | 0.1pp |
| EPS (Diluted) | $0.45 | $0.78 | $0.42 | -42.3% | 7.1% |
| Free Cash Flow | $22M | -$62M | $79M | 135.4% | -72.1% |
| Item | Amount |
|---|---|
| REVENUE | $893M |
| Cost of Revenue | $783M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $450.0K |
| Operating Expenses | $86M |
| Cost & Expenses | $869M |
| OPERATING INCOME | $19M |
| Interest Income | $682.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $9M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $893M |
| Cost of Revenue | $783M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $450.0K |
| Operating Expenses | $86M |
| Cost & Expenses | $869M |
| OPERATING INCOME | $19M |
| Interest Income | $682.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $9M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$703.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $22.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $633M |
| Inventory | $761M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $71M |
| Goodwill | $319M |
| Intangible Assets | $133M |
| Long-Term Investments | $524.0K |
| Tax Assets | $21M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $596M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $585M |
| Short-Term Debt | $335.0K |
| Deferred Revenue | $89M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $713M |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $438M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $73M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $928M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $911M |
| Minority Interest | $0 |
| TOTAL EQUITY | $911M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $348M |
| Net Debt | $327M |
