| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $283M | — | $327M | — | -13.4% |
| Op. Income | -$30M | — | -$9M | — | -239.5% |
| Gross Margin | 20.5% | — | 21.8% | — | -1.4pp |
| Net Margin | -8.2% | — | -2.4% | — | -5.7pp |
| EPS (Diluted) | $-0.46 | — | $-0.15 | — | -206.7% |
| Free Cash Flow | $103M | — | $88M | — | 17.1% |
| Item | Amount |
|---|---|
| REVENUE | $283M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $5M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $314M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $8M |
| EBIT | -$30M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $116M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$47M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $167M |
| Inventory | $57M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $97M |
| Goodwill | $247M |
| Intangible Assets | $110M |
| Long-Term Investments | $58M |
| Tax Assets | -$40M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $531M |
| TOTAL ASSETS | $797M |
| Account Payables | $28M |
| Short-Term Debt | $81M |
| Deferred Revenue | $99M |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $356M |
| Long-Term Debt | $84M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $479M |
| Common Stock | $336M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | -$319M |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | -$2M |
| TOTAL EQUITY | -$18M |
| TOTAL LIABILITIES & EQUITY | $479M |
| Total Debt | $165M |
| Net Debt | $159M |
