| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $275M | $235M | -12.7% | 2.2% |
| Op. Income | $5M | $18M | $1M | -73.7% | 219.1% |
| Gross Margin | 29.1% | 30.9% | 28.4% | -1.7pp | 0.7pp |
| Net Margin | 1.5% | 5.0% | 0.6% | -3.5pp | 0.9pp |
| EPS (Diluted) | $0.12 | $0.47 | $0.04 | -74.5% | 166.7% |
| Free Cash Flow | $35M | $14M | $34M | 146.1% | 4.5% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $25M |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $5M |
| Interest Income | $150.0K |
| Interest Expense | $36.0K |
| Other Income/Expenses | $114.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | -$62.0K |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $25M |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $5M |
| Interest Income | $150.0K |
| Interest Expense | $36.0K |
| Other Income/Expenses | $114.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | -$62.0K |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $675.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $742.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$20.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $259M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $330M |
| PP&E (Net) | $283M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $299M |
| TOTAL ASSETS | $628M |
| Account Payables | $61M |
| Short-Term Debt | $43M |
| Deferred Revenue | $14M |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $331M |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $396M |
| Treasury Stock | -$179M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $297M |
| Minority Interest | $0 |
| TOTAL EQUITY | $297M |
| TOTAL LIABILITIES & EQUITY | $628M |
| Total Debt | $237M |
| Net Debt | $175M |
