| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $254M | $268M | 5.7% | -0.1% |
| Op. Income | $16M | $16M | $15M | 0.4% | 5.0% |
| Gross Margin | 30.6% | 29.6% | 31.2% | 1.0pp | -0.6pp |
| Net Margin | 4.4% | 5.5% | 4.4% | -1.1pp | 0.0pp |
| EPS (Diluted) | $0.40 | $0.46 | $0.38 | -13.0% | 5.3% |
| Free Cash Flow | $17M | -$19M | $4M | 192.0% | 330.6% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $16M |
| Interest Income | $86.0K |
| Interest Expense | $85.0K |
| Other Income/Expenses | $1.0K |
| 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 | $4M |
| EBIT | $16M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $16M |
| Interest Income | $86.0K |
| Interest Expense | $85.0K |
| Other Income/Expenses | $1.0K |
| 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 | $4M |
| EBIT | $16M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $337M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $388M |
| PP&E (Net) | $294M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $306M |
| TOTAL ASSETS | $693M |
| Account Payables | $108M |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$46M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $214M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $77M |
| Retained Earnings | $381M |
| Treasury Stock | -$155M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $693M |
| Total Debt | $246M |
| Net Debt | $209M |
