| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $268M | $269M | 2.4% | 2.0% |
| Op. Income | $18M | $16M | $16M | 15.8% | 13.3% |
| Gross Margin | 30.9% | 30.6% | 30.2% | 0.2pp | 0.7pp |
| Net Margin | 5.0% | 4.4% | 4.5% | 0.6pp | 0.5pp |
| EPS (Diluted) | $0.47 | $0.40 | $0.38 | 17.5% | 23.7% |
| Free Cash Flow | $14M | $17M | $21M | -15.4% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $256M |
| OPERATING INCOME | $18M |
| Interest Income | $163.0K |
| Interest Expense | $34.0K |
| Other Income/Expenses | $129.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $4M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $256M |
| OPERATING INCOME | $18M |
| Interest Income | $163.0K |
| Interest Expense | $34.0K |
| Other Income/Expenses | $129.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $4M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$658.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $298M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $291M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $303M |
| TOTAL ASSETS | $648M |
| Account Payables | $66M |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$42M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $79M |
| Retained Earnings | $393M |
| Treasury Stock | -$172M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $301M |
| Minority Interest | $0 |
| TOTAL EQUITY | $301M |
| TOTAL LIABILITIES & EQUITY | $648M |
| Total Debt | $245M |
| Net Debt | $211M |
