| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $296M | $245M | 7.0% | 29.2% |
| Op. Income | $10M | $16M | $4M | -37.5% | 142.9% |
| Gross Margin | 43.6% | 43.0% | 43.0% | 0.6pp | 0.6pp |
| Net Margin | 3.0% | 1.2% | -3.9% | 1.8pp | 6.9pp |
| EPS (Diluted) | $0.09 | $0.02 | $-0.11 | 350.0% | 181.8% |
| Free Cash Flow | $24M | $5M | -$16M | 389.9% | 250.0% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $10M |
| Interest Income | $111.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $209.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $474.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $10M |
| Interest Income | $111.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $209.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $474.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $277.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $28M |
| 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 | -$402.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $666.0K |
| NET CASH FROM FINANCING | $666.0K |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $0 |
| Net Receivables | -$17M |
| Inventory | $82M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $387M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $450M |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $225M |
| Retained Earnings | $61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$450M |
| Other Equity | $450M |
| TOTAL STOCKHOLDERS' EQUITY | $287M |
| Minority Interest | $0 |
| TOTAL EQUITY | $287M |
| TOTAL LIABILITIES & EQUITY | $450M |
| Total Debt | $0 |
| Net Debt | -$287M |
